JD CABLES LIMITED

Manufactures electrical wires, cables, and aluminium conductors for India's power transmission and distribution (T&D) sector. Operates two manufacturing units with a combined installed capacity of about 28,000 kilometres per year — a new conductor plant in Dankuni, West Bengal commenced production in July 2026, and a 1.18 lakh sq ft facility in Jamshedpur is being commissioned for the conductor and cable divisions. The core revenue line is selling cables and conductors to state electricity boards and government power utilities, with the company approved as a vendor in more than 15 states. A second, smaller line is EPC (engineering, procurement and construction) project work, anchored by a ~₹407 crore National Highway Development Project won in FY26. Raw materials (principally aluminium and copper) account for 88.9% of revenue cost, with employees at 0.7% and other opex at 7.7%. FY26 revenue was ₹364.59 crore at a 13.17% EBITDA margin, and an order book of ~₹515 crore as of March 2026 provides multi-year visibility.