JD Cables Ltd Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Published 13 Jun 2026 | Industrial Products | Market Cap: ₹484 Cr

JD Cables is targeting a 50% to 60% revenue growth for FY27 and the next financial year. JD Cables Limited targets a revenue growth of 50% to 60% for FY27 and the following financial year.

From JD Cables Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Price

207

Market Cap

₹484 Cr

P/E Ratio

15.3

Revenue Rank

Rank 1

Margin Rank

Rank 3

How does JD Cables Ltd rank in Industrial Products?

Compare JD Cables Ltd against every Industrial Products company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 1Margin: Rank 3
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📊 Revenue & Sales Performance

Rank 1
  • JD Cables is targeting a 50% to 60% revenue growth for FY27 and the next financial year.
  • The EPC segment revenue is expected to increase significantly from around INR 30 crores in FY26 to at least INR 200 crores in FY27.
  • Cable and conductor businesses are expected to grow 30% to 40% in revenue.
  • Capacity expansion plans include doubling current capacity (~28,000 kilometers) by September 2026, with potential to 3x or 4x capacity within two years depending on order book.
  • Order book target for FY27 is conservatively INR 700-800 crores, up from INR 515 crores as of March 2026.
  • New product lines (MVCC, AL-59, HTLS, HT cables) and EPC infrastructure projects are key growth drivers.
  • Expansion supported by industrial facility acquisition, ongoing capex (INR 20-30 crores), and strategic presence in EPC segment.

📈 Profitability & Margins

Rank 3
  • JD Cables Limited targets a revenue growth of 50% to 60% for FY27 and the following financial year.
  • Expansion efforts include doubling current manufacturing capacity by September 2026, with potential to increase 3x to 4x in two years.
  • The new product lines (premium and high voltage cables) are expected to contribute better margins than existing products, likely in double digits once commercialized.
  • EPC segment revenue grew from approx. INR 30 crores in FY26 to an expected INR 200 crores+ in FY27, with EBITDA margins around 8%.
  • Overall EBITDA margins are expected to remain stable around 12%-13%, with EPC and newer product margins supporting a double-digit combined margin.
  • Conservative order book growth target is INR 700-800 crores by March 2027 from current INR 515 crores.
  • The company expects improved profitability over time due to EPC forward integration and higher-margin product sales.

🏗️ Capital Expenditure Plans

Yes
  • JD Cables Limited is planning capex of around INR 20 to 30 crores, depending on order inflow.
  • They have already procured land and made advance payments for additional land adjacent to their new factory.
  • A new industrial facility at Jamshedpur (~1.18 lakh sq. ft) supports future capacity expansion.
  • The new conductor and cable division facilities are coming up, with the conductor division awaiting power connection expected within the month.
  • Capacity is expected to double initially, with potential to expand 3x to 4x within two years depending on orders.
  • New product lines like MVCC, AL-59, HTLS, and HT cables will be manufactured, requiring approvals such as BIS licenses.
  • Strategic investments include expansion into the EPC segment, leveraging their cable manufacturing for integrated electrical infrastructure projects.

💰 Fundraising & Capital Structure

Yes
  • JD Cables Limited currently has a comfortable cash position and around INR 55 crores of existing debt.
  • For FY27, the company does not anticipate immediate equity or additional debt funding needs for current order execution.
  • However, as they are actively participating in tenders worth over INR 1,000 crores, if they secure more orders, additional funding might be required.
  • The company is already in touch with banks, which are willing to provide debt funding when needed.
  • Working capital requirements due to growth and EPC business will likely lead to bank debt financing rather than equity dilution in the near term.
  • No specific plans for equity fundraising were mentioned during the call.

📋 Order Book & Pipeline

Yes
  • Current order book as of June 2026: Approximately INR 500-515 crores.
  • Order book timeline: Normally around one and a half years for execution.
  • Order book composition: Around INR 300 crores from EPC segment and INR 200 crores from cables and conductors.
  • Pending tenders participation: Company has participated in tenders worth over INR 1,000 crores, awaiting results.
  • Expected order book by March 31, 2027: Targeting INR 700-800 crores conservatively.
  • Revenue from non-order book (regular/repetitive customers) exists but exact breakup for FY26 not yet segregated.

Key Metrics

Revenue

Rank 1

Margin

Rank 3

Capex

Yes

Fundraise

Yes

Order Book

Yes

Frequently Asked Questions

What were JD Cables Ltd Q4 FY26 results?

JD Cables is targeting a 50% to 60% revenue growth for FY27 and the next financial year. JD Cables Limited targets a revenue growth of 50% to 60% for FY27 and the following financial year.

What is JD Cables Ltd share price analysis?

JD Cables Ltd currently shows a strong growth signal based on ranking data. The stock trades at a P/E of 15.2 with a market cap of ₹484 Cr. Investors should review the full earnings analysis for detailed insights.

Is JD Cables Ltd planning capital expenditure?

JD Cables Limited is planning capex of around INR 20 to 30 crores, depending on order inflow. - They have already procured land and made advance payments for additional land adjacent to their new factory. - A new industrial facility at Jamshedpur (~1.18 lakh sq.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

What JD Cables's management said in earlier quarters

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