JD Cables Limited, a prominent player in the cables and conductors manufacturing sector, has announced robust financial results for the half-year ended September 30, 2025, following its successful Initial Public Offering (IPO) and listing on the BSE SME platform.

Financial Highlights

The company reported a profit of Rs 1,192.60 lakh for the half-year period, showcasing its strong financial performance. JD Cables' revenue from operations stood at Rs 10,747.53 lakh, indicating substantial business activity and market demand for its products.

Successful IPO and Listing

JD Cables Limited recently completed its IPO, raising Rs 8,441.47 lakh through the issuance of 55,53,600 equity shares at Rs 152 per share. The company made its debut on the BSE SME platform on September 25, 2025, marking a significant milestone in its corporate journey.

Utilization of IPO Proceeds

According to the Monitoring Agency Report issued by CRISIL Ratings Limited, JD Cables has outlined the following objectives for the utilization of its IPO proceeds:

1. Funding working capital requirements: Rs 4,500 lakh
2. Repayment/prepayment of borrowings: Rs 2,600 lakh
3. General corporate purposes: Rs 754 lakh

As of September 30, 2025, the entire amount of Rs 7,854 lakh (net proceeds) remains unutilized, with the funds currently invested in fixed deposits and maintained in the company's public issue and monitoring accounts.

Management Commentary

Piyush Garodia, Managing Director of JD Cables Limited, stated, "We are pleased with our half-year performance, which reflects the strength of our business model and the growing demand for our products. The successful completion of our IPO has provided us with the necessary capital to fuel our growth plans and strengthen our market position."

Future Outlook

With a strong financial performance and newly acquired capital from the IPO, JD Cables Limited appears well-positioned to expand its operations and capitalize on opportunities in the cables and conductors market. The company's focus on enhancing working capital, reducing debt, and investing in general corporate purposes suggests a strategic approach to growth.

Investors and market observers will be keen to watch how JD Cables utilizes its IPO proceeds in the coming months to drive further growth and create value for its shareholders.

JD Cables Limited has successfully completed its strategic property acquisition by executing and registering the Deed of Conveyance for industrial land in Hooghly District. The company's expansion plans have moved from agreement stage to final completion with all legal formalities concluded.

Property Transaction Completion

JD Cables has finalized the purchase of industrial property from Star Battery Limited through a registered Deed of Conveyance executed on December 23, 2025. The transaction details are as follows:

Legal and Financial Compliance

The company has completed all statutory requirements for the property transfer:

Strategic Business Impact

Piyush Garodia, Managing Director of JD Cables, emphasized the strategic significance of this acquisition for the company's growth trajectory. The completion enables several key business objectives:

• Production Expansion: The facility provides substantial manufacturing infrastructure with existing factory sheds measuring approximately 36,787 square feet
• Product Diversification: The company plans to introduce new product lines including AL-59 Conductors, MV/CC Conductors, HTLS Conductors, and HT Cables
• Capacity Enhancement: The acquisition supports the company's vision for broader manufacturing scale and capacity building
• Market Positioning: Strengthens JD Cables' position in the wires, cables, and conductors segment across domestic and export markets

Machinery Investment Integration

The property acquisition complements the company's earlier ₹5.72 crore machinery investment for its Conductor Division. The combined investment of ₹16.17 crores positions JD Cables for enhanced operational efficiency and meeting growing market demand for its cable and conductor products.

The successful completion of this major acquisition demonstrates JD Cables' commitment to sustainable revenue growth through capacity enhancement and modernization, reinforcing its market position in the competitive cable manufacturing industry.