Jainik Power Cables Limited has announced that its manufacturing facility is now fully operational and equipped for large-scale production, following the acquisition of key Bureau of Indian Standards (BIS) certifications. The company obtained the necessary regulatory approvals to manufacture and supply a comprehensive range of Aluminium Conductors and Power Cables to utilities, EPC contractors, and government organizations across India. This development positions the firm to support the country's growing power transmission and distribution infrastructure sectors.

BIS Certifications Obtained

The company secured four major BIS certifications, enabling it to produce specific types of conductors and cables essential for power transmission and distribution networks.

Product Applications

The IS 398 Part-2 certification covers ACSR conductors, which combine high conductivity aluminium strands with a steel core for overhead transmission networks. The IS 398 Part-4 standard applies to AAAC conductors, which offer superior corrosion resistance and a high strength-to-weight ratio suitable for coastal and industrial environments. The IS 7098 certification authorizes the manufacture of XLPE insulated power cables known for thermal performance and electrical reliability. The IS 14255 standard covers Aerial Bunched Cables, which enhance safety and reliability in urban and rural electricity distribution networks by reducing power theft and minimizing faults.

Strategic Positioning

With these certifications, Jainik Power Cables Limited is now equipped to manufacture Aluminium Conductors (ACSR & AAAC), Aerial Bunched Cables (ABC), LT Power Cables, and XLPE Insulated Power Cables. The company stated that its modern manufacturing facilities and stringent quality control systems allow it to serve State Utilities, EPC Contractors, Renewable Energy Developers, Railways, and Infrastructure Developers. Director Shashank Jain signed the announcement on June 01, 2026.

Jainik Power Cables Limited reported a 51.7% rise in net profit to ₹1,401.75 lakh for the financial year ended March 31, 2026, compared to ₹923.61 lakh in the previous year. Revenue from operations increased 11.9% to ₹39,348.39 lakh from ₹35,168.95 lakh in FY25. The company, which is primarily engaged in the production of aluminum and other metals wire, rods, and ingots, attributed the growth to higher operational scale following its recent listing.

The Board of Directors approved the audited financial results for the half year and financial year ended March 31, 2026, at a meeting held on May 30, 2026. Kapish Jain & Associates, the statutory auditors, issued an audit report with an unmodified opinion on the financial results. The auditor confirmed that the results give a true and fair view of the company's financial performance in conformity with the applicable accounting standards.

For the half year ended March 31, 2026, the company posted a net profit of ₹784.80 lakh on revenue from operations of ₹20,890.65 lakh. Total income for the half year stood at ₹21,017.25 lakh. The company noted that these half-year figures are balancing figures derived from the audited full-year results and the previously published unaudited results for the half year ended September 30, 2025.

Financial Performance

The company's earnings per share (EPS) for the full year improved to ₹10.49 from ₹9.99 in the previous year. Total expenses for FY26 rose to ₹37,615.62 lakh from ₹34,000.71 lakh in the prior year, primarily due to higher material costs and increased operational activity. Finance costs decreased to ₹119.48 lakh from ₹142.71 lakh in the previous year.

IPO Proceeds Utilization

Jainik Power Cables issued 46,63,200 equity shares with a face value of ₹10 each at a premium of ₹110 per share via an initial public offer (IPO). The company listed on the Emerge Platform of NSE Limited on June 17, 2025. The total IPO proceeds of ₹5,129.52 lakh were fully utilized as per the object clause of the prospectus dated June 3, 2025.

Balance Sheet and Cash Flows

The company's equity and liabilities increased to ₹11,625.52 lakh as of March 31, 2026, from ₹7,118.58 lakh in the previous year. Share capital rose to ₹1,434.77 lakh following the IPO, while reserves and surplus surged to ₹7,071.73 lakh. Total assets stood at ₹11,625.52 lakh, with current assets comprising ₹9,774.94 lakh.

Cash flow from financing activities was positive at ₹3,178.96 lakh, driven by proceeds from the issuance of equity shares. However, cash used in investing activities was ₹807.45 lakh, mainly due to capital expenditure. Net cash generated from operating activities was negative at ₹2,328.76 lakh, largely due to taxes paid and changes in working capital.