JD Cables Limited Reports 94.01% Revenue Growth in Q3FY26, Secures Major EPC Contract Worth ₹243.99 Crores

2 min read     Updated on 12 Jan 2026, 05:30 PM
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Reviewed by
Naman SScanX News Team
Overview

JD Cables Limited achieved exceptional growth in Q3FY26 with revenue reaching ₹119.84 crores, representing a 94.01% year-on-year increase. The company secured major contracts including a ₹243.99 crore EPC infrastructure project and expanded its manufacturing capacity through strategic land acquisition worth ₹10.45 crores in West Bengal. Additionally, JD Cables obtained an Electrical Contractor License, enabling participation in government and private EPC electrical contracts.

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*this image is generated using AI for illustrative purposes only.

JD Cables Limited has reported remarkable financial performance in the third quarter of FY26, demonstrating the company's strong execution capabilities and expanding market presence in the power transmission and distribution sector. The robust growth reflects successful order book execution and increasing contribution from the cables and conductors segment.

Financial Performance Highlights

The company's quarterly results showcase exceptional growth momentum across key financial metrics. Revenue from operations surged significantly, driven by steady order inflows from State Electricity Boards and improved utilization across manufacturing units.

Period Q3FY26 Q3FY25 Growth (%)
Revenue from Operations ₹119.84 Cr ₹61.77 Cr +94.01%
Period 9M FY26 9M FY25 Growth (%)
Revenue from Operations ₹241.10 Cr ₹169.27 Cr +42.44%

Major Contract Wins and Business Expansion

JD Cables Limited secured multiple significant orders during Q3FY26, substantially strengthening its revenue visibility and execution pipeline. The company's entry into EPC infrastructure projects marks a strategic expansion of its business capabilities.

Landmark EPC Infrastructure Contract

The company received a major EPC work order from Kaushal Engineering Limited for balance Civil & Electrical works under the NH-2 six-laning project covering the Bihar-Jharkhand Border section from Chordaha to Gorhar in Jharkhand state.

Contract Details Specifications
Contract Value ₹243.99 Cr (inclusive of GST, COS & escalation)
Scope Chauparan Flyover, Barkatha Flyover, ROBs & allied electrical works
Execution Timeline 1 year from date of agreement
Mode EPC (NHDP Phase-V)

Cable Supply Orders

The company also secured an ₹8.81 crore order for manufacturing, testing, supply and delivery of Aerial Bunched XLPE, LT XLPE AB and Control Cables. This order covers an aggregate length of 831 kilometers for projects across Bihar and Jharkhand states.

Capacity Expansion and Infrastructure Development

JD Cables Limited has taken strategic steps to expand its manufacturing capabilities and operational infrastructure. The company executed and registered the Deed of Conveyance for purchasing land and building at Dankuni, Hooghly in West Bengal.

Expansion Details Specifications
Land Area 164.29 Cottah (1.18 lakh sq. ft.)
Purchase Value ₹10.45 Cr
Purpose Capacity expansion, new product lines (AL-59, MVCC, HTLS, HT Cables)

Regulatory Approvals and Licensing

The company has been granted an Electrical Contractor License by the Government of West Bengal, valid for five years. This licensing enables JD Cables Limited to bid for government and private EPC electrical contracts and execute substation, distribution and turnkey electrical works, further expanding its market opportunities in the electrical infrastructure sector.

The strong financial performance, combined with significant order wins and strategic capacity expansion initiatives, positions JD Cables Limited for continued growth in the power transmission and distribution market. The company's successful entry into EPC infrastructure projects alongside its traditional cable manufacturing business demonstrates its evolving capabilities and market positioning.

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JD Cables Limited Secures ₹19.55 Crore Order from EPC Contractors

2 min read     Updated on 12 Jan 2026, 04:11 PM
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Reviewed by
Jubin VScanX News Team
Overview

JD Cables Limited has received a ₹19.55 crore order from domestic EPC contractors for power cable manufacturing and supply, with completion scheduled by March 2026. The company maintains a strong order book of ₹286 crores as of September 30, 2025, and reported year-on-year revenue growth of 13.00% to ₹121 crores. Operating profit increased by 26.60% to ₹19 crores while net profit grew by 20.00% to ₹12 crores, demonstrating solid operational performance.

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*this image is generated using AI for illustrative purposes only.

JD Cables Limited has secured a substantial work order worth ₹19.55 crore from domestic EPC contractors for the manufacturing, testing, supply, and delivery of power cables. The contract execution is scheduled to be completed by March 2026, positioning the company for continued revenue growth during the execution period. This development reflects sustained demand for JD Cables' products in the domestic market and strengthens the company's business prospects.

Order Details and Market Position

The new contract award demonstrates JD Cables' competitive positioning in the power cable manufacturing sector. The order encompasses comprehensive services including manufacturing, testing, supply, and delivery of power cables to domestic EPC contractors.

Parameter: Details
Order Value: ₹19.55 crores
Contractor Type: Domestic EPC contractors
Completion Timeline: March 2026
Services Scope: Manufacturing, testing, supply, and delivery

Company Operations and Market Presence

JD Cables Limited operates as a comprehensive manufacturer of wires, cables, and conductors, specializing in power cables, control cables, and aerial branched cables used in power transmission and distribution networks. The company has established itself as an approved vendor for multiple state electricity boards, maintaining a strong supply footprint across 12 states including Assam, Odisha, Jharkhand, Bihar, Manipur, Tripura, Arunachal Pradesh, and Madhya Pradesh.

As of September 30, 2025, JD Cables maintains a robust order book valued at ₹286 crores. The company has recently acquired a new industrial facility at Dankuni to enhance its manufacturing capacity, operating two manufacturing units with installed capacities of 6,000 kilometers for Unit I and 22,000 kilometers for Unit II.

Revenue Composition and Financial Performance

The company's revenue structure shows cables and wires as the primary contributors, generating 80.68% of total revenue, while aluminum conductors contribute 19.31%. This diversified product portfolio supports the company's market position across different segments of the power infrastructure industry.

Year-on-Year Financial Analysis

Metric: Current Period Previous Period Growth (%)
Revenue from Operations: ₹121.00 crores ₹107.00 crores +13.00%
Operating Profit: ₹19.00 crores ₹15.00 crores +26.60%
Net Profit: ₹12.00 crores ₹10.00 crores +20.00%

Half-Yearly Performance Comparison

Metric: Current Half-Year Previous Half-Year Change (%)
Revenue from Operations: ₹121.00 crores ₹143.00 crores -15.00%
Operating Profit: ₹19.00 crores ₹19.00 crores No change
Net Profit: ₹12.00 crores ₹12.00 crores No change

Market Valuation and Trading Performance

JD Cables operates with a market capitalization of ₹462 crores, with shares trading around ₹206.00 per share. The current trading price represents a 16.00% discount from the 52-week high of ₹247.00 per share. The company trades at a price-to-earnings ratio of 19.60, compared to the industry average P/E ratio of 20.00, indicating competitive valuation metrics within the sector.

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