JD Cables Limited - Q4 FY26 Business Update

JD Cables Limited is engaged in the manufacturing of cables, wires, and aluminium conductors used in power transmission and distribution. The Company is an approved vendor for multiple State Electricity Boards (SEBs), with a strong presence across Northern, Eastern and Northeastern India.

The Company reported strong growth momentum, driven by execution of a healthy order book and initial traction from EPC infrastructure projects.

Financial Highlights (Q4 FY26 vs Q4 FY25)

- Revenue from Operations: ₹ 12,349.11 Cr Q4 FY26 vs ₹ 8,125.80 Cr Q4FY 25

- YoY Growth: 51.97%

FY26 Performance (vs FY25)

- Revenue from Operations: ₹ 36,459.15 F.Y 26 Vs ₹ 25,052.58 F.Y 25

- YoY Growth: 45.53%

Key Metrics (FY26)

- Order Book: ₹515 Cr approx (as on March 2026)

Capacity Utilization:

- Unit I: 82.43% (vs ~79% in FY25)
- Unit II: 84.56% (vs ~81% in FY25)

Installed Capacity:

- Unit I: 6,000 Kms
- Unit II: 22,000 Kms

Capacity Expansion & Infrastructure Strengthening

- Acquired new facility at Dankuni (~1.18 lakh sq. ft.)
- Investment: ₹10.45 Cr and 7.23 Cr in Plant and Machinery

Purpose:

- Expanding capacity
- Adding new product lines:
1. MVCC
2. AL-59
3. HTLS
4. HT cables

Outlook: Next Phase of Growth: Scaling Order Book with EPC Expansion The Company expects continued growth supported by a strong order book and increasing participation in EPC infrastructure projects.

Growth will be driven by:

- Execution of large EPC and cable and conductor supply orders

- Expansion in manufacturing capacity and product portfolio.

- Increasing vendor approvals and geographic reach

Overall, JD Cables is evolving from a cable manufacturer to an integrated EPC-led infrastructure player, with strong revenue visibility over the medium term.

Note: The figure mentioned are management estimates and are subject to final audit adjustments.

Shares of JD Cables Limited was last trading in BSE at Rs. 192.65 as compared to the previous close of Rs. 194.50. The total number of shares traded during the day was 52000 in over 64 trades.

The stock hit an intraday high of Rs. 198.00 and intraday low of 187.00. The net turnover during the day was Rs. 9895520.00.

Source : Equity Bulls

Keywords

INE14VP01014 JDCables Electricals Q4FY26 BusinessUpdate