Cords Cable Indus Ltd.
NSE: CORDSCABLE · Cables - Electricals · sector
₹274.80NSE close 2026-10-26
Key numbers
Market cap₹355 cr
Price₹274.80
52w high / low₹407 / ₹127
P/E14.5xSector median 21.9x
P/B1.8xSector median 2.9x
Book value₹156.0
Dividend yield0.37%Sector median 0.30%
ROE12.8%Sector median 12.3%
ROCE19.5%Sector median 17.8%
OPM6.1%Sector median 7.6%
Debt / equity0.49xSector median 0.09x
EV/EBITDA7.1xSector median 15.8x
Interest cover2.3x
Current ratio1.51x
Sales growth 3y+21.9%Sector median +21.4%
Profit growth 3y+41.9%Sector median +12.3%
PEG0.34x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 17 companies in Cables - Electricals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹28 cr vs borrowings ₹99 cr (FY26): borrowings are higher by ₹72 cr.
- Operating profit covered interest 2.3x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding rose by 0.53 percentage points in a year, to 52.45% (2026-09-30).
- Operating cash flow was below net profit in 1 of the last 5 years (FY25).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 34% of net profit in the last 12 months.
- Debtor days went from 96 (FY24) to 84 (FY26).
- Dividend paid in 2 of the last 5 financial years.
- Price ₹274.80 on 2026-10-26: -32.5% from the 52-week high, +116.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹366.75 · low ₹139.08
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 183 | 205 | 233 | 226 | 226 | 236 | 267 | 247 |
| EBITDA | 11 | 13 | 15 | 14 | 14 | 15 | 16 | 15 |
| OPM % | 6.2% | 6.3% | 6.3% | 6.0% | 6.2% | 6.2% | 6.0% | 6.1% |
| Other income | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 |
| Net profit | 3 | 5 | 4 | 4 | 4 | 5 | 8 | 8 |
| EPS (₹) | 2.02 | 3.61 | 3.40 | 2.97 | 2.74 | 3.78 | 6.39 | 6.01 |
| Revenue YoY | +23.4% | +14.7% | +14.4% | +9.5% | ||||
| Profit YoY | +36.1% | +5.1% | +84.4% | +101.6% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 438 | 526 | 628 | 795 | 954 | 975 |
| EBITDA | 38 | 40 | 41 | 49 | 58 | 60 |
| Net profit | 6 | 7 | 10 | 15 | 21 | 25 |
| EPS (₹) | 4.91 | 5.52 | 7.76 | 11.25 | 15.88 | 18.92 |
| Revenue growth | +20.2% | +19.3% | +26.6% | +20.1% | +15.1% | |
| Profit growth | +13.3% | +39.5% | +45.7% | +40.7% | +56.9% | |
| Dividend / share (₹) | – | – | – | 1.00 | 1.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +21.9% | +24.2% | +15.1% |
| Net profit | +41.9% | +36.5% | +56.9% |
| EPS | +42.2% | +35.9% | – |
| Share price | – | +15.6% (2y) | +55.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 159 | 169 | 182 | 202 |
| Borrowings | – | 75 | 77 | 103 | 99 |
| Cash & equivalents | – | 20 | 26 | 25 | 28 |
| Total assets | – | 337 | 362 | 421 | 490 |
| Fixed assets | – | 87 | 91 | 102 | 102 |
| Capital work in progress | – | 6 | 0 | 0 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 149 | 165 | 208 | 219 |
| Inventory | – | 63 | 68 | 73 | 116 |
| Payables | – | 81 | 94 | 106 | 146 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 30 | 35 | 30 | 14 | 43 |
| Cash from investing | -10 | -6 | -7 | -16 | -11 |
| Cash from financing | -17 | -33 | -23 | 2 | -32 |
| Capex | 10 | 6 | 5 | 20 | 10 |
| Free cash flow | 20 | 29 | 24 | -6 | 33 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 4.5% | 6.0% | 8.0% | 10.2% |
| ROCE % | – | 14.2% | 15.6% | 15.7% | 17.8% |
| Debtor days | – | 103 | 96 | 95 | 84 |
| Inventory days | – | 55 | 49 | 41 | 54 |
| Payable days | – | 70 | 68 | 60 | 68 |
| Cash conversion cycle (days) | – | 88 | 77 | 76 | 70 |
| Working capital days | – | 63 | 58 | 51 | 50 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 52.45% |
| FIIs | 1.29% |
| DIIs | 0.59% |
| Public (non-institutions) | 45.67% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 51.92% | 51.92% | 51.92% | 51.92% | 52.35% | 52.45% | 52.45% | 52.45% |
| Promoter group | % |
|---|---|
| Naveen Sawhney | 47.22% |
| Varun Sawhney | 1.86% |
| Adarsh Sawhney | 1.73% |
| Gaurav Sawhney | 1.54% |
| Naveen Sawhney HUF | 0.10% |
| Public holders above 1% | % |
|---|---|
| Acadian Emerging Markets Micro-cap Equity Master Fund | 1.29% |
| Mahendra Girdharilal | 1.05% |
20,090 shareholders. Pledged: 0.00% of promoter shares.
Peers in Cables - Electricals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| POLYCAB | ₹1,16,621 cr | 36.8x | 8.9x | 26.6% | 34.6% | 13.5% | +27.0% | 0.47% |
| KEI | ₹37,279 cr | 35.3x | 5.2x | 15.8% | 19.8% | 11.0% | +19.3% | 0.12% |
| RRKABEL | ₹24,700 cr | 40.6x | 9.6x | 25.7% | 31.9% | 8.5% | – | 0.34% |
| FINCABLES | ₹17,508 cr | 21.9x | 2.9x | 13.8% | 16.5% | 13.2% | +12.2% | 0.01% |
| UNIVCABLES | ₹4,616 cr | 23.0x | 2.4x | 10.9% | 9.2% | 8.7% | +11.1% | 0.30% |
| LASERPOWER | ₹2,366 cr | – | – | – | – | – | – | – |
| LUMINO | ₹2,189 cr | – | – | – | – | – | – | – |
| PARACABLES | ₹1,820 cr | 30.0x | 2.3x | 8.2% | 11.9% | 4.3% | +33.9% | – |
| DYCL | ₹1,722 cr | 18.9x | 3.8x | 21.9% | 26.9% | 10.9% | +21.4% | 0.07% |
| CORDSCABLE | ₹355 cr | 14.5x | 1.8x | 12.8% | 19.5% | 6.1% | +21.9% | 0.37% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-21 | Dividend | Dividend - Rs 1.20 Per Share |
| 2025-09-22 | Dividend | Dividend - Re 1 Per Share |
| 2024-09-13 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2023-09-15 | Other | Annual General Meeting |
| 2022-09-15 | Other | Annual General Meeting |
| 2021-09-21 | Other | Annual General Meeting |
| 2020-09-21 | Other | Annual General Meeting |
| 2019-09-19 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-18 | Other | Annual General Meeting |
| 2016-09-22 | Other | Annual General Meeting |
| 2015-09-22 | Other | Annual General Meeting |
| 2014-09-11 | Other | Annual General Meeting |
| 2013-09-16 | Other | Annual General Meeting |
| 2012-09-18 | Other | Annual General Meeting |
| 2011-09-19 | Other | Annual General Meeting |
| 2010-09-23 | Dividend | Annual General Meeting And Dividend Rs.1/- Per Share |
| 2009-07-16 | Other | Agm/Div-Re.1/- Per Share |
| 2008-09-23 | Dividend | Agm/Dividend - 10% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Cables - Electricals |
| Sub-industry | Cables - Electricals |
| Symbol | CORDSCABLE |
| BSE code | 532941 |
| ISIN | INE792I01017 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.