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.

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

Half-Yearly Performance Comparison

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.

JD Cables Limited has announced winning a significant work order worth ₹8.81 crores from reputed EPC contractors for cable supply operations in Bihar and Jharkhand. The company will be manufacturing and supplying 831 kilometers of cables for projects in these two states.

Order Details and Scope

The comprehensive contract encompasses the manufacturing, testing, supply, and delivery of multiple cable types spanning 831 kilometers. The order includes Aerial Bunched XLPE Cable, LT XLPE AB Cable, and Control Cable, demonstrating the diverse range of products required for the project.

Product Specifications

The order covers three distinct cable categories designed for different electrical applications:

• Aerial Bunched XLPE Cable: Cross-linked polyethylene insulated cables for overhead power distribution
• LT XLPE AB Cable: Low tension aerial bunched cables for electrical networks
• Control Cable: Specialized cables for control and instrumentation applications

Regulatory Compliance and Transparency

The company confirmed that this contract represents an arm's length transaction with domestic entities. JD Cables Limited clarified that no promoter, promoter group, or group companies have any interest in the entities that awarded the order, ensuring complete transparency in the business arrangement.

This significant order reinforces JD Cables Limited's position in the cable manufacturing sector and demonstrates the company's capability to handle large-scale infrastructure projects across multiple states. The contract's substantial value and geographic scope highlight the growing demand for electrical infrastructure development in eastern India.