Jigar Cables Share Price Today

Jigar Cables H1FY26 Results: Net profit down 72% YoY to ₹16.33 lakh

Consolidated net profit declined 72% YoY to ₹16.33 lakh in H1FY26. Revenue from operations surged 87% YoY to ₹4,904.08 lakh. Operating cash flow turned negative at -₹572.41 lakh due to inventory buildup. Short-term borrowings increased sharply to ₹2,023.36 lakh to fund working capital.

Jigar Cables 10th AGM resolutions pass with 100% shareholder approval

All seven resolutions at Jigar Cables' 10th AGM on September 26, 2026 passed with 100% votes in favour via e-voting, with zero votes against and no invalid votes. Sangita N. Vaghasiya reappointed as Chairperson-cum-Managing Director for three years from January 2, 2027 to January 1, 2030; Ramnik P. Vaghasiya reappointed as Whole-time Director for the same term. Material related party transactions with Ultracab (India) Limited approved with an aggregate cap of ₹200 crore, including brand royalty at 2% of basic sales. Cost auditor Sagar M. Kapadiya & Co. ratified at ₹35,000 plus taxes for FY27. Remuneration for director Parshottambhai Laljibhai Vaghasiya approved at up to ₹12,00,000 per annum for three years from September 30, 2026 to September 29, 2029.

Jigar Cables revenue falls 45% in FY26 as profit holds steady

Consolidated revenue fell 44.7% YoY to ₹581.9 crore in FY26. Net profit remained stable at ₹18.0 crore, margin expanding to 3.08%. Capital work-in-progress surged to ₹144.3 crore for new HT cable production. AGM scheduled for September 26, 2026, for director re-appointments. Related-party transaction limit with Ultracab renewed at ₹200 crore.

Jigar Cables approves ₹12 lakh annual pay for director Vaghasiya

Board approves ₹12,00,000 annual remuneration for director Parshotambhai Laljibhai Vaghasiya. Term runs for three years from September 29, 2026, to September 28, 2029. Continuation as director requires approval at the ensuing annual general meeting. Disclosure notes familial links between director, managing director, and whole-time director.

Jigar Cables reappoints KMPs, schedules 10th AGM for September 26

Reappointed Sangitaben Vaghasiya and Ramnik Vaghasiya as KMPs for three years starting January 2, 2027. Approved revised remuneration of up to ₹18,00,000 p.a. for Chairperson-cum-MD Sangitaben Vaghasiya. Fixed 10th AGM for September 26, 2026, with share transfer books closed from September 20 to 26. Approved material related-party transactions with Ultracab (India) Limited and Jigar Polymers Limited.

Jigar Cables starts commercial production at new facility

Jigar Cables Limited commenced commercial production at its new facility for MVCC, HT cables, and PCC on May 23, 2026. The unit has an installed monthly capacity of 500 KM to 1000 KM.