JD Cables Limited - Q1 FY27 Business Update

JD Cables Limited is engaged in the manufacturing of a comprehensive range of cables, wires, and aluminium conductors used in power transmission and distribution. The Company is an approved vendor for multiple State Electricity Boards (SEBs) and has established a strong presence across Northern, Eastern, and Northeastern India. The Company continued its strong growth trajectory during Q1 FY27, supported by robust execution across its existing order book, expanding manufacturing capabilities, and sustained demand from the power and infrastructure sectors.

Financial Highlights (Q1 FY27 vs. Q1 FY26)

- Revenue from Operations: ₹81.81 Crore in Q1 FY27 vs. ₹48.78 Crore in Q1 FY26

- YoY Growth: 68%

Key Business Highlights

- Expanded manufacturing footprint with the successful commencement of commercial production at the new conductor manufacturing facility in Dankuni, West Bengal, enhancing production capacity and operational eƯiciency.

- Credit rating upgraded by Infomerics from IVR BBB-/Stable to IVR BBB/Stable, reflecting the Company's improving financial profile and enhanced creditworthiness.

- Diversified product portfolio comprising Power Cables, Control Cables, Aerial Bunched Cables (ABC), Single-Core Service Wires, AAC, AAAC, ACSR, MVCC, AL59, and HTLS Conductors.

- Approved vendor for multiple State Electricity Boards with an established presence across 15+ states in India.

Outlook

JD Cables remains well-positioned to sustain its growth momentum, supported by increasing investments in India's power transmission and distribution sector, the successful commencement of production at its new conductor manufacturing facility, an upgraded credit rating, a diversified product portfolio, and a growing EPC business. The Company continues to focus on expanding manufacturing capabilities, improving operational eƯiciencies, strengthening its market presence, and creating long-term value for all stakeholders.

Shares of JD Cables Limited was last trading in BSE at Rs. 239.85 as compared to the previous close of Rs. 234.85. The total number of shares traded during the day was 41600 in over 27 trades.

The stock hit an intraday high of Rs. 240.00 and intraday low of 232.70. The net turnover during the day was Rs. 9914000.00.

Source : Equity Bulls

Keywords

INE14VP01014 JDCables Electricals BusinessUpdate Q1FY27