Jainik Power Cables

SMENSE: JAINIK
Compare with peers
₹ 173.00▲ 8 (+4.85%)29 Oct, 03:25 pm IST
Market cap
₹ 225 Cr.
P/E
16.9x
P/B
2.74x
52-week range
102.25 – 221
ROE
26%
ROCE
30%
Dividend yield
0%
Debt / equity
0.07
Sector
Non - Ferrous Metals
Industry
Aluminium
Listed on
NSE SME

About

Jainik Power Cables Limited, formerly Jainik Power and Cables Limited, is an India-based aluminum wire rod manufacturer. The Company is engaged in the production of commercial aluminum wire rods. The Company’s products include Commercial Grade (CG Grade) also known as CG rod, and Electrical Conductivity (EC) grade. These aluminum wire rods are engineered to meet the diverse needs of a wide range of industries. Its wire rods come in various sizes, starting from approximately 9.5 millimeters (mm) and extending up to 12 mm for a wide range of applications. Its commercial grade aluminum wire rods are manufactured to excel in various applications. Its other products include Aluminium Ash, Aluminium Dross, Aluminium Ingot, Aluminium Throb, Aluminium Wire Ingot, Aluminium Wire Rod, among others. Its segments include Manufacturing and Other. The Company supplies its products across various states, mainly in the states of Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Aluminium: 18 companies →

Jainik Power Cables against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)16.9 against a typical 20.8: cheaper than most peers (1st = cheapest).7th of 17
  • Share price, 3 months−4.4% against a typical −5.7%.8th of 16
  • Size₹ 225.3 Cr. market value against a typical ₹ 214.7 Cr. (1st = largest).7th of 15

Latest announcements

Exchange filings and their impact on the company.

  • 27 Oct 2026Press ReleaseLow impactPositivePrice −0% that day
    400 kW captive solar commissioned to cut power costs, adding small but lasting margin benefit.

    Jainik Power Cables has commissioned a 400 kW solar power plant at its Sonipat manufacturing facility. The captive plant will meet part of the factory's power needs and reduce electricity costs. The savings are small relative to its Rs 393 crore revenue base but support margins and sustainability over time.

    Filing
  • 23 Oct 2026Press ReleaseLow impactPositivePrice −4.4% that day
    Jainik is adding a high-speed stranding line to lift capacity and efficiency.

    Jainik Power Cables announced on October 23, 2026 that it is investing in an advanced 54-wire high-speed rigid stranding machine. No cost, funding or commissioning timeline was disclosed in the filing. The machine should add stranding capacity and improve speed and efficiency, supporting modest revenue and margin gains over the next year.

    Filing
  • 22 Oct 2026Press ReleaseMedium impactPositivePrice −4.4% on 23 Oct
    Won over Rs 25 cr in Haryana government cable orders, adding ~6% to annual revenue.

    Jainik Power Cables said it has secured government orders worth over Rs 25 crore from Haryana. The company reported FY26 sales of Rs 393 crore, so the win equals about 6% of annual revenue. The orders should support revenue and earnings over the next 12 months and strengthen its government business credentials.

    Filing

Board meetings

Results dates and other board meetings. Full calendar

Details
21 Jul 2026Board Meeting IntimationJainik Power Cables Limited has informed the Exchange about Board Meeting to be held on 21-Jul-2026 to consider Fund raising.
30 May 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
14 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025

Share price

1Y change +36.01%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2024Mar 2025Sep 2025Mar 2026
Sales161190185209
Expenses155183176198
Operating Profit77911
OPM %4.2%3.8%4.8%5%
Other Income0101
Interest1111
Depreciation0001
Profit before tax67811
Tax %23%28%25%27%
Net Profit4568
EPS in Rs4.624.934.35.47

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
45%
3 Years
80%
TTM
12%
Compounded Profit Growth
10 Years
—
5 Years
181%
3 Years
364%
TTM
52%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
35%
3 Years
37%
TTM
—

Shareholding

Latest: Mar 2026.

Promoters
67.36%
FIIs
0.17%
DIIs
0.67%
Public
31.81%

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 16.9xEPS (12 months) ₹ 9.77Median P/E 17.2x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Jainik Power Cables₹ 173.00₹ 225 Cr.16.9x2.7x26%—
Bharat Forge₹ 1,709.60₹ 81,734 Cr.89.6x10.9x11.5%6.5%
Havells India₹ 1,032.00₹ 64,764 Cr.44.1x7.9x—6.9%
Schaeffler India₹ 3,468.00₹ 54,379 Cr.56.2x10.7x—12%
Sterlite Technologies₹ 829.00₹ 42,603 Cr.464.5x11.2x2.6%1.2%
R R Kabel₹ 2,150.60₹ 26,329 Cr.51.2x10.1x20.8%5.1%

Management

Prateek Jain
Chief Financial Officer, Executive Director
Priyal Agrawal
Compliance Officer, Company Secretary
Shashank Jain
Managing Director, Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.