BSEJD Cables LtdHighNeutral
Announced Fri, 14 Nov · 15:52 IST

Pursuant to Regulation 30 & 33 the Unaudited Financial Results together with the Limited Review Report ended as on 30th September 2025 placed in the Board and hence approved.

Ebitda Margin ExpansionNegative Operating CashflowResults View source PDF

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AI summary

JD Cables Ltd, recently listed on BSE SME platform on 25 September 2025, reported its first post-IPO results for H1 FY26 (April-September 2025). Revenue from operations grew to Rs 12,125.53 lakhs from Rs 10,747.52 lakhs in H1 FY25, a rise of about 12.8% year-on-year. Profit after tax rose to Rs 1,192.60 lakhs from Rs 1,031.24 lakhs, up around 15.6% YoY, with EBITDA margin expanding by roughly 160 basis points to about 15.9%. Earnings per share stood at Rs 5.29 (basic, post-bonus). The company raised Rs 8,441.47 lakhs through its IPO, of which Rs 7,872.27 lakhs has been deployed, mainly towards working capital and debt repayment. Operating cash flow, however, was negative at Rs 62.24 lakhs, despite a positive PAT, due to a sharp build-up in trade receivables and inventories.

Likely market impact

First post-listing results show steady revenue and profit growth along with margin expansion, which is positive for shareholders. However, negative operating cash flow signals working capital pressure — receivables and inventory have grown sharply, which investors should watch closely in coming quarters.