Relicab Cable

Why is Relicab Cable Manufacturing Ltd falling/rising?

As of 20-Jun, Relicab Cable Manufacturing Ltd's stock is rising to 36.01, driven by positive quarterly results and a 76.70% increase in net sales. However, it has significantly underperformed over the year, with a 25.75% year-to-date decline and concerns about long-term fundamentals.

As of 20-Jun, Relicab Cable Manufacturing Ltd's stock price is rising, currently at 36.01, with a change of 0.28 (0.78%) upward. This increase can be attributed to the company's positive financial performance, as it has declared positive results for the last four consecutive quarters. Notably, the net sales for the latest six months have grown by 76.70%, and the company reported its highest quarterly PBDIT at Rs 1.35 crore and a PBT less other income at Rs 0.52 crore. <BR><BR>Despite the stock's recent rise, it is important to note that it has underperformed significantly over longer periods, with a year-to-date decline of 25.75% and a staggering 62.09% drop over the past year. The stock is also trading below its moving averages, indicating a potential bearish trend. Additionally, there is a concerning factor regarding the company's long-term fundamental strength, as it has shown only a 4.50% CAGR growth in operating profits over the last five years, and a high percentage of promoter shares (99.94%) are pledged, which can exert downward pressure on the stock in a falling market.<BR><BR>In summary, while the stock is experiencing a rise in the short term due to positive quarterly results, the overall trend remains concerning due to significant underperformance in the market and weak long-term fundamentals.

Which are the latest news on Relicab Cable?

What does Relicab Cable do?

Relicab Cable Manufacturing Ltd is a Micro Cap company in the Other Electrical Equipment industry, incorporated in 2009 and publicly listed since 2015, with recent quarterly net sales of 26 Cr and a net profit of 1 Cr as of March 2026. Key financial metrics include a P/E ratio of 20.00 and a market cap of INR 38 Cr.

Overview:<BR>Relicab Cable Manufacturing Ltd operates in the Other Electrical Equipment industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated in 2009 as "Relicab Cable Manufacturing Private Limited" in Goa and later changed its status to a Public Limited Company in 2015. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 26 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 38 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 20.00 <BR>Industry P/E: 48 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.73 <BR>Return on Equity: 12.31% <BR>Price to Book: 2.63 <BR><BR>Contact Details:<BR>Address: 57/1 (4-B) Benslore Indl Estat, Village Dunetha Nani Daman Daman. UT : 396210 <BR>Tel: 91-11-25123967/3092 <BR>Email: investor.relicab@gmail.com <BR>Website: http://www.relicab.com

How big is Relicab Cable?

As of 10th June, Relicab Cable Manufacturing Ltd has a market capitalization of 38.00 Cr, with recent net sales of 64.21 Cr and a net profit of 1.90 Cr. Shareholder's funds are 13.57 Cr, and total assets amount to 36.79 Cr.

As of 10th June, Relicab Cable Manufacturing Ltd has a market capitalization of 38.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 64.21 Cr and a Net Profit of 1.90 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 13.57 Cr and Total Assets of 36.79 Cr.

Who are in the management team of Relicab Cable?

The management team of Relicab Cable includes Suhir H Shah (Managing Director & CFO), Vijaya More, Rajesh Gor, and Mushtaque Khan (all Independent Directors), and Varun Jain (Company Secretary & Compliance Officer).

The management team of Relicab Cable includes the following individuals:<BR><BR>1. Suhir H Shah - Managing Director & CFO<BR>2. Vijaya More - Independent Director<BR>3. Rajesh Gor - Independent Director<BR>4. Mushtaque Khan - Independent Director<BR>5. Varun Jain - Company Secretary & Compliance Officer<BR><BR>If you need more details about their roles or the company, feel free to ask!

Who are the peers of the Relicab Cable?

Relicab Cable's peers include Cybele Industrie, Gujarat Poly, Alfa Transformer, Incap, Switching Tech., Rulka, Sungarner Energ., and Auro Impex. In terms of performance, Cybele Industrie has the highest 1-year return at 96.90%, while Relicab Cable's return is -57.76%.

Peers: The peers of Relicab Cable are Cybele Industrie, Gujarat Poly, Alfa Transformer, Incap, Switching Tech., Rulka, Sungarner Energ., and Auro Impex.<BR><BR>Quality Snapshot: Excellent management risk is observed at Rulka, while Good management risk is found at Gujarat Poly and the rest. Average management risk is present at Cybele Industrie, Incap, and Sungarner Energ., while Below Average management risk is noted at Alfa Transformer and Auro Impex. Growth is Excellent at Sungarner Energ., Good at Rulka, and Below Average at Cybele Industrie, Gujarat Poly, Alfa Transformer, Incap, Relicab Cable, and Auro Impex. Capital Structure is Good at Rulka, while Average is found at Cybele Industrie, Incap, and Relicab Cable, and Below Average at Gujarat Poly, Alfa Transformer, Sungarner Energ., and Auro Impex.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Cybele Industrie at 96.90%, while the lowest is Gujarat Poly at -41.77%. Relicab Cable's 1-year return is -57.76%, which is lower than both of these peers. Additionally, peers with a negative six-month return include Gujarat Poly, Incap, and Auro Impex.

Should I buy, sell or hold Relicab Cable Manufacturing Ltd?

When is the next results date for Relicab Cable Manufacturing Ltd?

The next results date for Relicab Cable Manufacturing Ltd is 29 May 2026.

The next results date for Relicab Cable Manufacturing Ltd is scheduled for 29 May 2026.

How has been the historical performance of Relicab Cable?

Relicab Cable has shown steady growth in net sales and profitability, with net sales increasing from 14.59 Cr in March 2021 to 39.83 Cr in March 2025, and profit after tax rising to 1.71 Cr from a loss of 2.13 Cr in March 2020. The company has demonstrated significant recovery and improved operational efficiency over the years.

Answer:<BR>The historical performance of Relicab Cable shows a steady increase in net sales and profitability over the years, culminating in the fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Relicab Cable's net sales have risen from 14.59 Cr in March 2021 to 39.83 Cr in March 2025, reflecting a consistent upward trend. Total operating income also increased, reaching 39.83 Cr in March 2025, up from 14.82 Cr in March 2021. The company's operating profit, excluding other income, improved to 4.20 Cr in March 2025 from a low of -1.86 Cr in March 2020, indicating a significant recovery and growth in operational efficiency. Profit before tax has shown a positive trajectory, rising to 2.37 Cr in March 2025 from a loss of 2.14 Cr in March 2020. Consequently, profit after tax reached 1.71 Cr in March 2025, compared to a loss of 2.13 Cr in March 2020. The company's earnings per share (EPS) also improved, reaching 1.69 in March 2025, up from -2.0 in March 2021. On the balance sheet, total assets increased to 36.79 Cr in March 2025 from 25.06 Cr in March 2020, while total liabilities rose to 36.79 Cr from 25.06 Cr in the same period, indicating a proportional growth in both assets and liabilities. Cash flow from operating activities remained stable at 2.00 Cr in March 2025, consistent with the previous year, while cash and cash equivalents at the end of March 2025 were maintained at 3.00 Cr. Overall, Relicab Cable has demonstrated a robust recovery and growth in its financial performance over the past few years.

Is Relicab Cable overvalued or undervalued?

As of October 20, 2025, Relicab Cable is considered undervalued with a PE ratio of 30.88 and an EV to EBITDA ratio of 16.13, making it an attractive investment compared to competitors like Polycab India and Havells India, despite its recent underperformance against the Sensex.

As of 20 October 2025, the valuation grade for Relicab Cable has moved from expensive to attractive, indicating a shift in perception regarding its market value. The company is currently assessed as undervalued, especially in light of its PE ratio of 30.88, an EV to EBITDA ratio of 16.13, and a ROCE of 17.30%. These metrics suggest that the company is positioned favorably compared to its peers.<BR><BR>In comparison to notable competitors, Relicab Cable's PE ratio is significantly lower than that of Polycab India, which stands at 46.92, and Havells India, with a PE of 63.64. Additionally, its EV to EBITDA ratio of 16.13 is more attractive than that of KEI Industries at 24.12. Despite recent underperformance against the Sensex, with a year-to-date return of -34.98% compared to the Sensex's 7.97%, the fundamental ratios indicate that Relicab Cable presents a compelling investment opportunity at its current price of 59.66.

Are Relicab Cable latest results good or bad?

Relicab Cable's latest results show strong sales growth of 73.95%, reaching Rs 10.75 crore, but net profit growth of 31.71% is slower than last year's 173.33%. While sales performance is positive, analysts have issued a 'Sell' call, suggesting caution for investors.

Relicab Cable's latest results show a notable improvement in its financial performance, particularly with a significant year-on-year growth in net sales of 73.95%, reaching Rs 10.75 crore for the quarter ending June 2025. This growth indicates a strong performance and a positive trend in the company's sales.<BR><BR>However, while the net profit also grew by 31.71%, it is worth noting that this growth is slower compared to the previous year's impressive 173.33%. Additionally, despite the positive sales figures, MarketsMOJO has issued a 'Sell' call on the stock, which suggests some caution among analysts regarding the company's future prospects.<BR><BR>Overall, the results can be seen as good in terms of sales growth, but the mixed signals regarding profit growth and analyst sentiment indicate that investors should remain vigilant as they assess the company's ongoing performance.

Who are the top shareholders of the Relicab Cable?

The top shareholder of Relicab Cable is promoter Suhir Hiralal Shah, holding 27.95%. Non-institutional investors collectively own 30.74%, with S K Growth Fund Pvt Ltd as the largest public shareholder at 6.97%, while pledged promoter holdings are notably high at 99.9433%.

The top shareholders of Relicab Cable include Suhir Hiralal Shah, who is the promoter with the highest holding at 27.95%. The majority of the shareholding is held by non-institutional investors, with individual investors collectively holding 30.74%. The highest public shareholder is S K Growth Fund Pvt Ltd, which holds 6.97%. Notably, there are no mutual funds or foreign institutional investors currently holding shares in the company. Additionally, the pledged promoter holdings are quite significant at 99.9433%.

What is the technical trend for Relicab Cable?

As of June 3, 2025, Relicab Cable's technical trend is mildly bearish, influenced by daily moving averages and a monthly MACD, despite mixed signals from weekly indicators like the MACD and Bollinger Bands.

As of 3 June 2025, the technical trend for Relicab Cable has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The daily moving averages are mildly bearish, reinforcing the current trend. The Bollinger Bands show a bullish signal on the weekly chart but are mildly bearish on the monthly, indicating potential volatility. The KST is mildly bullish weekly but mildly bearish monthly, and Dow Theory supports a mildly bullish outlook on both weekly and monthly charts. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly MACD.

What is the bonus history of the Relicab Cable?

Relicab Cable Manufacturing Ltd announced a bonus issue in the ratio of 74:100, with an ex-date of July 22, 2022, and a record date of July 25, 2022, making shareholders eligible for bonus shares if they were on record by the latter date.

Relicab Cable Manufacturing Ltd has a recent bonus history where it announced a bonus issue in the ratio of 74:100. The ex-date for this bonus was on July 22, 2022, and the record date was July 25, 2022. This means that shareholders on record as of the record date were eligible to receive the bonus shares. If you have any more questions about the company or its financial activities, feel free to ask!

Has Relicab Cable declared dividend?

No Dividend History Available