What we do Jigar Cables Ltd manufactures power and control cables, house wires, flat cables, and aerial bunched cables under the brand 'SIGMA' for electrical and power transmission sectors. |
Founded in 1,997 |
Market share Emerging pioneer in electrical cables, growing its footprint with consistent revenue and profit growth. |
Problem solved Provides safe, insulated, and reliable cables for power distribution and industrial electrical systems enhancing safety and efficiency. |
Top clients or who we serve Supplies to power plants, industrial projects, and electrical infrastructure sectors (B2B focused). |
Key management Mrs. Sangitaben Niteshkumar Vaghasiya, Managing Director leading strategic growth. |
Our journey and innovations Started as partnership in 1997, became public limited in 2017, launched IPO in 2017, expanded product range and introduced subsidiary for polymer manufacturing. |
Where we operate Primarily India with a growing domestic market presence; subsidiary for polymer manufacturing. |
Top products or what we offer Power and control cables, house wires, flat cables for submersible pumps, aerial bunched cables under 'SIGMA' brand. |
Top brands SIGMA - recognized for quality electrical cables with ISO 9001:2015 certification and customized solutions. |
Raw materials needed Copper coil, aluminium coil, PVC, XLPE for cable insulation and conductors. |
Raw materials supplier Copper and aluminium from Ultracab (India) Limited; PVC and XLPE procured domestically. |
Recurring vs cyclical contribution Revenue primarily recurring through cable sales to industrial and infrastructure sectors. |
Our industry position Growing player with strong revenue and profit growth, enhancing market share in power cable segment. |
Financial highlights FY 2024-25 revenue Rs. 105.11 Cr; net profit Rs. 1.82 Cr; PAT increased by over 70% year-on-year. |
Geographical revenue split Majority revenue from domestic Indian market. |
Order book - |
Whats driving growth Demand from power sector, infrastructure projects, product quality, and expansion via subsidiary polymer production. |
Our future plans Sustain growth trajectory with capacity enhancements and widen product offerings, focus on operational efficiency. |
Our green promise Focuses on energy and resource management, safety, and environmental compliance in manufacturing processes. |
Our people and values Emphasizes professionalism, transparency, ethical conduct with a stable leadership team and inclusive policies. |
Key challenges ahead Competition, raw material price volatility, regulatory compliance, and timely execution of growth initiatives. |
Interesting facts Converted from partnership to public limited in 2017; launched IPO same year; operates a subsidiary in polymers. |
Risks and strategy Mitigates raw material risks via trusted suppliers; focuses on quality and compliance to sustain market position. |
