Jigar Cables Ltd (540651)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Jigar Cables' revenue was ₹31.7 Cr (-26.9% year on year, +20.9% on the previous half-year), and net profit ₹1.2 Cr (+30.1% year on year); the operating margin was 6.1%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹31.7 | -26.9% | +20.9% |
| Operating profit | ₹1.9 | -12.3% | +35.2% |
| Net profit | ₹1.2 | +30.1% | +105.1% |
| EPS (₹) | 1.34 | +1.5% | +106.2% |
| Operating margin | 6.1% | — | — |
📢 Recent Corporate Announcements
Jigar Cables' Board approved the reappointment of Sangitaben Vaghasiya as Chairperson-cum-Managing Director with revised remuneration up to Rs 18 lakh per annum, and Ramnik Vaghasiya as Whole-Time Director at Rs 12 lakh per annum. Both reappointments are for a 3-year term from January 2, 2027, to January 1, 2030, subject to shareholder approval. The board also approved material related party transactions with Ultracab (India) Ltd and subsidiary Jigar Polymers Ltd. The 10th Annual General Meeting is scheduled for September 26, 2026.
- Reappointed Sangitaben Vaghasiya as Chairperson & MD for 3 years starting January 2, 2027, at revised remuneration up to Rs 18,00,000 per annum
- Reappointed Ramnik Vaghasiya as Whole-Time Director for 3 years at existing remuneration up to Rs 12,00,000 per annum
- Approved material related party transactions with Ultracab (India) Ltd and subsidiary Jigar Polymers Ltd
- 10th AGM fixed for September 26, 2026, with cut-off date on September 19, 2026
Jigar Cables announced the re-appointment of Sangitaben Niteshbhai Vaghasiya as Chairperson-cum-Managing Director with revised annual remuneration of up to Rs 18,00,000 for a three-year term from January 2, 2027, to January 1, 2030. Ramnik Parshottambhai Vaghasiya was also re-appointed as Whole-Time Director for a three-year term at an annual remuneration of up to Rs 12,00,000. Additionally, the Board approved material related-party transactions with Ultracab (India) Limited and subsidiary Jigar Polymers Limited, subject to shareholder approval at the upcoming 10th AGM scheduled for September 26, 2026.
- Sangitaben Niteshbhai Vaghasiya re-appointed as CMD for a 3-year term (Jan 2, 2027 to Jan 1, 2030) with remuneration up to Rs 18,00,000 per annum
- Ramnik Parshottambhai Vaghasiya re-appointed as Whole-time Director for a 3-year term with remuneration up to Rs 12,00,000 per annum
- 10th Annual General Meeting scheduled for September 26, 2026, with cut-off date set as September 19, 2026
- Approved material related party transactions with Ultracab (India) Ltd and wholly-owned subsidiary Jigar Polymers Ltd
Financial Performance
Financial analysis data not yet available for this company.
Operational Drivers
Operational analysis data not yet available for this company.
Strategic Growth
Strategic growth analysis not yet available for this company.
External Factors
External factors analysis not yet available for this company.
Regulatory & Governance
Regulatory analysis not yet available for this company.
Risk Analysis
Risk analysis not yet available for this company.
