Cables and Conductors Manufacturer Share Price Jumps Around 11% After Company Announces Strong Q4 and FY26 Revenue Growth

The Indian equity markets are trading in the green on Monday, with the Nifty 50 rising 0.67 per cent. Positive sentiment is also visible in stock-specific counters despite mixed broader moves. Amid this, JD Cables was trading at Rs 214.05, up Rs 22.05 or 11.48 per cent during the session, following the announcement of its Q4FY26 business update.

JD Cables Q4FY26 Business Performance

JD Cables reported revenue from operations of Rs 123.49 crore in Q4FY26, compared to Rs 81.26 crore in Q4FY25, registering a strong growth of 51.97 per cent YoY.

The strong quarterly performance was primarily supported by healthy execution of its cable and conductor Order Book along with initial traction from EPC infrastructure projects.

JD Cables FY26 Annual Performance

For the full financial year FY26, the company reported revenue from operations of Rs 364.59 crore, compared to Rs 250.53 crore in FY25, reflecting a strong growth of 45.53 per cent YoY. Management highlighted that the business continues to benefit from expanding participation in power transmission and distribution projects across multiple state electricity boards.

Operational Strength and Capacity Utilisation

As of March 2026, JD Cables reported an order book of approximately Rs 515 crore, providing healthy medium-term revenue visibility.

Capacity utilisation also improved during FY26, with Unit I operating at 82.43 per cent compared to around 79 per cent in FY25, while Unit II utilisation rose to 84.56 per cent from nearly 81 per cent in the previous year. The company currently has installed production capacity of 6,000 kms in Unit I and 22,000 kms in Unit II.

Expansion and Future Growth Plans

JD Cables has acquired a new manufacturing facility at Dankuni spanning around 1.18 lakh square feet to strengthen infrastructure and support future scale-up.

The company has also undertaken investments of Rs 10.45 crore and Rs 7.23 crore in plant and machinery for expanding production capacity and introducing new product lines including MVCC, AL-59, HTLS and HT cables.

Management stated that the next phase of growth will be driven by scaling of EPC projects, increasing vendor approvals, and wider geographic penetration.

About JD Cables

JD Cables is engaged in the manufacturing of cables, wires, and aluminium conductors used in power transmission and distribution. The company is an approved vendor for multiple State Electricity Boards and has a strong operational presence across Northern, Eastern and Northeastern India.

Over the last few years, the company has been gradually transitioning from a pure cable manufacturer to an integrated EPC-led infrastructure player, which is expected to improve execution scale and revenue visibility going forward.

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Disclaimer: This article is for informational purposes only and not investment advice.