What we do Jainik Power Cables Ltd manufactures and trades aluminum wire rods and cables, serving the electrical and power transmission industry with a premium facility in Sonipat, Haryana. |
Founded in 2,011 |
Market share Emerging player with increasing market presence post-expansion into manufacturing wire rods since 2023. |
Problem solved Provides reliable aluminum wire rods and cables to meet industrial demand for quality electrical transmission materials. |
Top clients or who we serve B2B clients in electrical, telecommunication, and power industries including manufacturers and traders. |
Key management - |
Our journey and innovations Shifted from raw material trading to manufacturing aluminum wire rods in 2023; certified for quality, environment, and safety standards. |
Where we operate India, with focus on domestic manufacturing and supply chain presence. |
Top products or what we offer Aluminum wire rods and power cables designed for electrical and telecommunication uses. |
Top brands - |
Raw materials needed Aluminum scrap and ingots for wire rod production. |
Raw materials supplier Suppliers and importers of aluminum ingots and scrap. |
Recurring vs cyclical contribution Revenue largely from cyclical manufacturing segment with growing recurring client base. |
Our industry position Growing player in aluminum wire rod market with recent strategic expansion and IPO funding. |
Financial highlights FY 2023-24 revenue INR 351.69 crore; Profit before tax INR 6.7 crore; significant growth over previous year. |
Geographical revenue split Primarily India-based operations and revenue generation. |
Order book - |
Whats driving growth Expansion into manufacturing, supply chain integration, and SME exchange listing funding growth. |
Our future plans Focus on capacity expansion, technology adoption, and listing on SME Exchange for capital raising. |
Our green promise Certified for environmental standards ISO 14001:2015, emphasizing sustainable practices. |
Our people and values Leadership led by promoters with focus on quality and safety culture in manufacturing. |
Key challenges ahead Scaling capacity, market competition, and maintaining quality standards during growth phase. |
Interesting facts Transitioned from trading to manufacturing with ISO certifications within a decade. |
Risks and strategy Mitigate supply chain risks and financial stability by diversifying clients and listing on SME Exchange. |
