JD Cables Limited announced its audited financial results for the half year and full year ended March 31, 2026 through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Highlights

H2 FY26 Financial Results (YoY Comparison):

  • Total Income: ₹24,375.47 lakhs (vs. ₹14,318.31 lakhs in H2 FY25) - 70.24% growth
  • EBITDA: ₹2,886.61 lakhs (vs. ₹1,895.33 lakhs in H2 FY25) - 52.30% growth
  • PAT: ₹1,979.86 lakhs (vs. ₹1,171.26 lakhs in H2 FY25) - 69.04% growth
  • EBITDA Margin: 11.84%
  • PAT Margin: 8.12%

FY26 Full Year Performance:

  • Revenue growth: 46% YoY
  • PAT growth: 44% YoY
  • EBITDA Margin: 13.17%
  • PAT Margin: 8.69%

Operational and Financial Position Highlights

  • Order book: ₹515 Crore as on March 31, 2026
  • Net Worth: ₹146.2 Crore as on March 31, 2026
  • Debt-to-Equity Ratio: 0.39x (improved from 1.53x in FY25)
  • Current Ratio: 2.25x (improved from 1.25x in FY25)
  • Interest Coverage Ratio: 10.67x (improved from 9.14x in FY25)

Management Commentary

Mr. Piyush Garodia, Managing Director, commented that the strong performance was driven by robust demand across key end-user industries, improved scale of operations, and continued focus on execution excellence. He noted that the demand environment across infrastructure, industrial and power sectors remains encouraging, supported by increasing investments in economic development and electrification initiatives.

The company has continued investments in manufacturing infrastructure, working capital, and operational capabilities to support future growth.

Business Overview

JD Cables Limited is an India-based manufacturer of electrical cables and conductors, primarily catering to the power transmission and distribution sector. The company offers a diversified product portfolio including power cables, control cables, aerial bunched cables (ABC), and conductors such as AAC, AAAC, and ACSR. It is an approved vendor for multiple State Electricity Boards (SEBs) with a strong presence across eastern and northeastern India.