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Swing Capital

Cords Cable Industries Ltd

NSE: CORDSCABLE BSE: 532941Energy

Incorporated in 1991, Cords Cable Industries Ltd is engaged in manufacturing Power Cables (upto 3.3 kV), Control Cables, and Instrumentation Cables.[1]

₹194
52W: ₹126 — ₹231
PE 14.8 · Book ₹147 · +32% vs book
Market Cap₹250 Cr
Stock P/E14.8Price to Earnings
ROCE16.2%Return on Capital
ROE8.31%Return on Equity
Div. Yield0.53%Face Value ₹10

Weaknesses

  • −Company has low interest coverage ratio.
  • −Company has a low return on equity of 6.42% over last 3 years.
  • −Contingent liabilities of Rs.156 Cr.
  • −Company's cost of borrowing seems high

Shareholding Pattern

Promoters52.45%
FIIs1.42%
DIIs0.56%
Public45.56%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters51.92%51.92%51.92%51.92%51.92%51.92%52.35%▲0.452.45%▲0.1
FIIs1.39%1.33%▼0.11.35%▲0.01.31%▼0.01.3%▼0.01.29%▼0.01.49%▲0.21.42%▼0.1
DIIs0%0%0%0.02%▲0.00.04%▲0.00.08%▲0.00.55%▲0.50.56%▲0.0
Public46.68%46.75%▲0.146.72%▼0.046.75%▲0.046.73%▼0.046.71%▼0.045.62%▼1.145.56%▼0.1

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales145.33167.93179.22172.96182.95205.4233.24225.7225.7235.61
Expenses136.44157.53167.13162.55171.54192.54218.5212.08211.74220.99
Operating Profit8.8910.412.0910.4111.4112.8614.7413.6213.9614.62
OPM %6.12%6.19%6.75%6.02%6.24%6.26%6.32%6.03%6.19%6.21%
Net Profit2.042.953.232.882.634.684.493.873.584.92
EPS ₹1.582.282.52.232.033.623.472.992.773.81

AI Insights

Revenue Trend

TTM revenue at ₹920Cr, up 15.7% YoY. OPM at 6%.

Debt Position

Borrowings at ₹101Cr. Debt-to-equity ratio: 0.57x. Moderate leverage.

Institutional Flow

DIIs: 0.56% (+0.56pp change). FIIs: 1.42% (+0.74pp change). Promoters hold 52.45%.

Margin & Efficiency

ROCE improving from 12% (Mar 2014) to 16% (Mar 2025). Working capital days: 39.

Valuation

PE 14.8x with 16.2% ROCE. Price is 32% above book value of ₹147. Dividend yield: 0.53%.

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