JD Cables Limited reported a revenue of ₹36,459.15 lakhs for the financial year 2026, achieving a Return on Equity (ROE) of 21.70% and a Return on Capital Employed (ROCE) of 23.11%. The company disclosed these figures in an investor presentation released ahead of a meeting organized by Phillip Capital PCGINDIA Inc. on June 23, 2026, in Mumbai. The presentation highlights the company's operational performance and strategic expansion into the Engineering, Procurement, and Construction (EPC) segment.

The company’s total order book stands at ₹515 crore as of March 2026. JD Cables is engaged in the manufacturing of cables and conductors, including Power Cables, Control Cables, and Aerial Bunched Cables, catering to the transmission and distribution of electricity. It operates as an approved vendor for various State Electricity Boards across more than 15 states, including Assam, Odisha, Jharkhand, and West Bengal.

Financial and Operational Performance

For FY26, the company recorded a Profit After Tax (PAT) of ₹3,172.46 lakhs and an EBITDA of ₹4,811.01 lakhs. The manufacturing facilities in West Bengal reported high capacity utilization, with Unit I at 82.43% and Unit II at 84.56% for the year. The company holds ISO 9001:2015 certification and maintains in-house testing laboratories to ensure product quality.

Strategic Expansion into EPC

Building on its presence in the cables industry, JD Cables has diversified into the EPC segment to capitalize on infrastructure and power development opportunities. The EPC business focuses on transmission and distribution lines, substations, solar power projects, and road and highway infrastructure.

A key ongoing project is the NH-2 Six-Laning Highway Project (NHDP Phase-V), involving the construction of balance works for the Bihar–Jharkhand border section. The project, executed under the EPC model, includes bridge construction and electrical infrastructure works with a value of approximately ₹407 crore.

Growth Strategy and Outlook

The company’s growth strategy focuses on improving manufacturing efficiency through process optimization and maintaining a diversified supplier base for critical materials such as copper and aluminum. JD Cables is also investing in research and development to create next-generation cables with smart IoT-enabled monitoring systems. As of March 31, 2026, the company employed approximately 70 professionals.

JD Cables Limited has reported a 44% rise in net profit to ₹3172.46 lakh for the financial year ended March 31, 2026, driven by robust demand and improved operational scale. The company recorded a 45.5% increase in revenue from operations to ₹36459.15 lakh, up from ₹25052.58 lakh in the previous year. Following the announcement, the transcript of the earnings conference call held on June 04, 2026, was submitted to the exchange pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.

Total income for FY26 stood at ₹36519.36 lakh, while total expenses rose to ₹32272.63 lakh. Profit before tax increased to ₹4246.72 lakh from ₹2949.90 lakh in FY25. The earnings per share (EPS) improved to ₹14.07 from ₹13.31 in the prior year. The company utilized its entire net issue proceeds of ₹7854.00 lakh during H2 FY26 for funding working capital, repayment of borrowings, and general corporate purposes.

Operational Highlights

For the half year ended March 31, 2026 (H2 FY26), the company reported a 70.24% surge in total income to ₹24375.47 lakh and a 69.04% rise in profit after tax (PAT) to ₹1979.86 lakh. The order book stood at ₹515 Crore as on March 31, 2026, providing healthy revenue visibility. Net Worth increased to ₹146.2 Crore, and the debt-to-equity ratio improved significantly to 0.39x from 1.53x in FY25. The current ratio improved to 2.25x from 1.25x, reflecting a stronger liquidity profile.

Financial Position

The statement of assets and liabilities as of March 31, 2026, showed shareholders' funds at ₹14617.05 lakh, comprising share capital of ₹2255.11 lakh and reserves of ₹12361.94 lakh. Current assets were reported at ₹20368.16 lakh, while current liabilities stood at ₹9061.48 lakh. The company's Return on Equity (ROE) for FY26 was 21.70%, and Return on Capital Employed (ROCE) was 23.11%.

Capacity Utilization

The company reported high capacity utilization across its manufacturing units. Unit I achieved 82.43% capacity utilization with production of 4,946 Kms against an installed capacity of 6,000 Kms. Unit II achieved 84.56% utilization with production of 18,603 Kms against an installed capacity of 22,000 Kms. A third unit with an installed capacity of 28,000 Kms is upcoming.

Future Outlook

Management stated that the company is targeting 50% to 60% revenue growth in FY27. This growth is expected to be driven by a robust order book of approximately ₹515 Crore and the expansion of the EPC segment, where revenue is projected to rise to ₹200 Crore from ₹30 Crore in FY26. The company has participated in tenders worth over ₹1,000 Crore. A new industrial facility at Jamshedpur, spanning 1.18 lakh square feet, is expected to commence operations shortly, with electricity connection anticipated soon. The facility will manufacture new product lines including MVCC, AL-59 conductors, HTLS conductors, and HE cables, which are expected to yield better margins than existing products.