JD Cables Limited Secures ₹8.81 Crore Cable Supply Contract for Bihar and Jharkhand Projects

1 min read     Updated on 27 Dec 2025, 05:19 PM
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Reviewed by
Naman SScanX News Team
Overview

JD Cables Limited has won a ₹8.81 crore order from EPC contractors to manufacture and supply 831 kilometers of cables for projects in Bihar and Jharkhand. The order includes Aerial Bunched XLPE Cable, LT XLPE AB Cable, and Control Cable. The company confirmed it's an arm's length transaction with no promoter or group company interest in the awarding entities.

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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.

Parameter Details
Total Order Value ₹8,81,41,806 (plus GST)
Cable Length 831 kilometers
Geographic Coverage Bihar and Jharkhand states
Client Type Reputed EPC Contractors

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.

Compliance Aspect Status
Entity Type Domestic
Related Party Transaction No
Promoter Interest None
Execution Timeline As per confirmation received

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.

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JD Cables Secures ₹244 Cr Highway Contract; Order Value Equals 54% of Market Cap

2 min read     Updated on 23 Dec 2025, 05:25 PM
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Reviewed by
Jubin VScanX News Team
Overview

JD Cables Limited has won a significant EPC infrastructure contract worth ₹243.99 crores for highway construction and electrical works in Jharkhand under the National Highway Development Project Phase V. The order value represents approximately 54% of the company's market capitalization of ₹450 crores, highlighting its transformative potential for the small-cap company's financial performance and strengthening its position in the infrastructure segment.

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JD Cables Limited has secured a landmark EPC infrastructure contract worth ₹243.99 crores from Kaushal Engineering Limited for comprehensive highway construction and electrical works in Jharkhand. The project represents a significant milestone in the company's infrastructure execution journey, with the order value representing approximately 54% of the company's current market capitalization of ₹450.00 crores.

Project Specifications and Scope

The contract encompasses balance construction works for multiple infrastructure components along the Bihar-Jharkhand border under the National Highway Development Project Phase V. The comprehensive scope includes construction of Chauparan Flyover, Barkatha Flyover, Road Over Bridge (ROB), and complete electrical works for the six-laning project.

Project Parameter: Details
Contract Value: ₹243.99 crores (inclusive of GST)
Project Location: Jharkhand State
Highway Section: NH-2, Chordaha to Gorhar
Coverage: Km 249.525 to Km 320.810
Execution Mode: EPC (Engineering, Procurement, Construction)
Program: NHDP Phase V
Completion Timeline: 1 Year

Financial Impact and Market Context

The substantial order value of ₹243.99 crores represents a significant proportion relative to JD Cables Limited's market capitalization, highlighting the transformative potential of this contract for the company's financial performance. The order significantly enhances revenue visibility and strengthens the company's position in the infrastructure segment.

Financial Metric: Value
Order Value: ₹243.99 crores
Market Capitalization: ₹450.00 crores
Order-to-Market Cap Ratio: ~54%
Market Classification: Small Cap

Management Commentary on Strategic Impact

Piyush Garodia, Managing Director of JD Cables Limited, expressed confidence about the project's strategic importance. He stated that the award of this prestigious EPC contract reflects strong confidence in their execution capabilities, technical expertise, and proven delivery track record. The NH-2 six-laning project aligns well with the company's strengths in executing complex infrastructure works within defined timelines.

Garodia further emphasized that this order significantly strengthens their order book and deepens their presence in national highway projects. The company remains focused on disciplined execution, quality excellence, and sustainable value creation for shareholders and stakeholders.

Execution Strategy and Project Management

Rajesh Jhunjhunwala, Whole-Time Director Head-EPC at JD Cables Limited, outlined the execution roadmap for the landmark order. He described it as strong validation of their EPC execution strength and on-ground delivery capabilities. The company has initiated detailed mobilisation and resource planning, including procurement scheduling, deployment of experienced project teams, and robust quality and safety systems.

Execution Aspect: Approach
Resource Planning: Detailed mobilisation initiated
Project Teams: Experienced personnel deployment
Quality Systems: Stringent adherence to specifications
Timeline Focus: One-year completion target
Stakeholder Coordination: Seamless collaboration approach

Regulatory Compliance and Business Impact

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (LODR) Regulations, 2015. The company confirmed that this contract does not constitute a related party transaction, and the promoter group has no interest in Kaushal Engineering Limited. This substantial contract award demonstrates JD Cables Limited's expansion beyond their core wire and cable manufacturing business into major infrastructure construction, positioning the company for meaningful contribution to growth momentum during the execution period.

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