Jigar Cables Ltd.
Snapshot View

36.25 ▼0%

12 July 2021, 04:00:00 P.M.

Overview View Details

Sector Electricals Compare with Sector peers
Industry Cable Compare with Industry peers
Website http://www.sigmacab.com
Financial Indicators
Market Cap 25.49 Cr.
Earnings per share (EPS) 0.60 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 60.84 Trailing Twelve Months Ending 2021-03
Industry PE 28.30 Trailing Twelve Months Ending 2021-03
Book Value / Share 20.33 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.78 Calculated using Price: 36.25
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 0.70 Cr. 7,032,000 Shares
FaceValue 10
Company Profile

Jigar Cables was originally formed as a partnership firm under the Indian Partnership Act, 1932 in the name of ‘Jigar Industries’ pursuant to a deed of partnership dated August 01, 1997. The name of the partnership firm was changed to ‘Jigar Cables’ pursuant to supplementary agreement modifying the partnership deed dated January 01, 2017 .Jigar Cables was thereafter converted from a partnership firm to a public limited company Under Part I, Schedule XXI of the Companies Act, 2013 with the name of ‘Jigar Cables Limited’ and received a fresh certificate of incorporation from the Registrar of Companies, Manesar, Gujarat on February 07, 2017.

They are an ISO 9001:2015 complied Company and follow strict quality standards during manufacturing process. Once the product is ready, it is checked for safety and quality assurance. Their facilities involve technology, tools, machines which spin out the quality standard of cables.

Business area of the Company

They manufacture Power and Control Cables, House Wires/ Building Wires, Flat Cables for Submersible pumps and Aerial Bunched cables under the brand name ‘SIGMA’. They strive to achieve quality by maintaining consistency in their products. The Company procures major raw material i.e. Copper and Aluminium Coil from Ultracab (India), their Group Company, other raw materials like PVC and XLPE are procured domestically. Their manufacturing facilities are equipped with in- house testing laboratory to ensure that the finished products match the quality standards and certifications as specified. Before commencement of the manufacturing process, the raw materials procured by also undergoes a quality check conducted by them in house testing laboratory to ensure that the same matches the quality standards required in their finished products. Testing of products takes place during different levels of their manufacturing process to ensure that any errors or quality defects in the products can be rectified on a real time basis and the final output is again checked by their testing laboratory before it is finally packed and dispatched.

Major Events and Milestones:

  • 2017: Conversion of partnership firm into Company.
  • 2017: Indian Standards 694-2010 from Bureau of Indian Standard.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
1 Month
-5.84%
3 Month
+4.32%
6 Month
+79.46%
1 Year
+57.61%
2 Year
-2.03%
5 Year
3 years 2018-03 2019-03 2020-03
Return on Equity (%) 3.01 3.53 1.79
Return on Capital Employed (%) 5.87 6.49 5.34
Return on Assets (%) 2.20 2.12 0.99

Balance Sheet View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 13 14 14
Non Curr. Liab. 1 1 1
Curr. Liab. 4 12 8
Minority Int.
Equity & Liab. 18 27 23
Non Curr. Assets 8 9 8
Curr. Assets 10 17 15
Misc. Exp. not W/O 0 0
Total Assets 18 27 23

Profit Loss View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 20 22 14
Other Income 0 0 0
Total Income 20 22 14
Total Expenditure -18 -20 -13
PBIDT 2 2 2
Interest -1 -1 -1
Depreciation -1 -1 -1
Taxation 0 0 0
Exceptional Items 0 0 0
PAT 0 0 0

Cash Flow View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -3 3 0
Cash Fr. Inv. -6 -3 1
Cash Fr. Finan. 8 -1 -1
Net Change 0 0 -1
Cash & Cash Eqvt 1 1 0

Shareholding Pattern View Details

9 Qtrs 2017-03 (%) 2017-09 (%) 2018-03 (%) 2018-09 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%)
Promoter 66.31 48.73 48.73 48.73 48.73 50.21 50.21 50.80 44.48
Public 33.69 51.27 51.27 51.27 51.27 49.79 49.79 49.20 55.52
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 05 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 we herewith enclosed copy of certificate received from Bigshare Services Private Limited Registrar and Share Transfer Agent of the Company for the quarter ended June 30 2021.

This is for your information and records.
Mon, 05 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- CS Priyanka K Marvania
Designation :- Company Secretary and Compliance Officer
Fri, 11 Jun 2021
Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015
In terms of SEBI Regulation we enclose herewith disclosures of the Related Party Transactions for the Half Year ended on March 31 2021.

We request you to please take the same on record.

Technical Scans View Details

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