Cords Cable

Who are the top shareholders of the Cords Cable?

The top shareholders of Cords Cable include promoters led by Naveen Sawhney with 47.22%, three Foreign Institutional Investors holding 1.31%, and the Acadian Emerging Markets Micro-cap Equity Master Fund at 1.29%. Individual investors own 41.81% of the shares, with no pledged promoter holdings or mutual fund involvement.

The top shareholders of Cords Cable include the promoters, who hold the majority of the shares. Naveen Sawhney is the promoter with the highest holding at 47.22%. In addition to the promoters, there are three Foreign Institutional Investors (FIIs) that collectively hold 1.31%. The highest public shareholder is the Acadian Emerging Markets Micro-cap Equity Master Fund, which holds 1.29%. Individual investors also have a significant presence, holding 41.81% of the shares. There are no pledged promoter holdings, and no mutual funds are currently involved with the company.

What does Cords Cable do?

Cords Cable Industries Ltd produces customized electrical cables and operates in the Micro Cap market. As of March 2025, it reported net sales of 233 Cr and a net profit of 4 Cr, with a market cap of Rs 258 Cr.

Overview:<BR>Cords Cable Industries Ltd specializes in the production of high-quality customized electrical cables and operates within the Micro Cap market in the Cables - Electricals industry.<BR><BR>History:<BR>Cords Cable Industries Ltd was incorporated on October 21, 1991, originally as "Cords Cable Industries Private Limited." The company was established by a group of three professionals to meet the increasing demand for customized cables. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 233 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 4 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 258 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 18.00 <BR>Industry P/E: 46 <BR>Dividend Yield: 0.50% <BR>Debt Equity: 0.45 <BR>Return on Equity: 8.04% <BR>Price to Book: 1.41 <BR><BR>Contact Details:<BR>Address: 94 Shambhu Dayal Bagh Marg, 1st Flr Old Ishwar Nagar PhIII New Delhi New Delhi : 110020 <BR>Tel: 91-011-40551200 <BR>Email: ccil@cordscable.com <BR>Website: http://www.cordscable.com

Has Cords Cable declared dividend?

Cords Cable Industries Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of September 13, 2024. While recent total returns show mixed performance, the company has demonstrated significant gains over longer periods.

Cords Cable Industries Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 13 Sep 24<BR><BR>Dividend Yield: 0.5%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -7.67%, with a dividend return of 0%, resulting in a total return of -7.67%.<BR><BR>Over the past year, the price return was -7.05%, the dividend return was 0.40%, leading to a total return of -6.65%.<BR><BR>In the 2-year period, the price return was 112.81%, the dividend return was 0.96%, culminating in a total return of 113.77%.<BR><BR>For the 3-year period, the price return was 273.27%, with a dividend return of 2.00%, resulting in a total return of 275.27%.<BR><BR>In the last 4 years, the price return was 253.76%, while the dividend return was 1.36%, giving a total return of 255.12%.<BR><BR>Over the past 5 years, the price return was 499.7%, with a dividend return of 2.58%, leading to a total return of 502.28%.<BR><BR>Overall, Cords Cable's recent dividend declaration indicates a commitment to returning value to shareholders, although the total returns over various periods show a mix of performance, with significant gains over longer terms despite recent short-term declines.

Who are the peers of the Cords Cable?

Cords Cable's peers include Polycab India, KEI Industries, R R Kabel, Finolex Cables, Dynamic Cables, Ultracab India, B.C. Power, DCG Cables, and Rex Pipes&Cables, with varying management and growth risks. Dynamic Cables leads in 1-year returns at 52.39%, while Cords Cable has a return of -2.09%.

Peers: The peers of Cords Cable are Polycab India, KEI Industries, R R Kabel, Finolex Cables, Dynamic Cables, Ultracab India, B.C. Power, DCG Cables, and Rex Pipes&Cables.<BR><BR>Quality Snapshot: Excellent management risk is observed at Polycab India, KEI Industries, and R R Kabel, while Good management risk is found at Finolex Cables and the rest. Average management risk is noted for Dynamic Cables, Ultracab India, DCG Cables, and Rex Pipes&Cables, while Below Average management risk is present at B.C. Power. In terms of Growth, Excellent growth is seen at Polycab India and DCG Cables, while Good growth is noted for KEI Industries, R R Kabel, and Rex Pipes&Cables. Below Average growth is observed at Finolex Cables and Cords Cable, while Average growth is found at Dynamic Cables and Ultracab India, with B.C. Power having Below Average growth. For Capital Structure, Excellent is seen at Polycab India, KEI Industries, R R Kabel, and Finolex Cables, while Good is noted for Dynamic Cables, Average for Ultracab India, and Below Average for Cords Cable, B.C. Power, DCG Cables, and Rex Pipes&Cables.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dynamic Cables at 52.39%, while the peer with the lowest is B.C. Power at -56.43%. Cords Cable's own 1-year return is -2.09%, which is significantly better than B.C. Power but worse than Dynamic Cables. Additionally, several peers, including Ultracab India, B.C. Power, and Finolex Cables, have negative six-month returns.

Is Cords Cable overvalued or undervalued?

As of November 12, 2024, Cords Cable is considered very attractive and undervalued with a PE ratio of 17.74 and a low PEG ratio of 0.39, making it a compelling investment compared to peers like Havells India and Polycab India, despite underperforming the Sensex over the past year.

As of 12 November 2024, the valuation grade for Cords Cable has moved from attractive to very attractive. The company is currently considered undervalued based on its strong financial ratios. The PE ratio stands at 17.74, the EV to EBITDA ratio is 6.92, and the PEG ratio is notably low at 0.39, indicating that the stock is priced favorably relative to its growth prospects.<BR><BR>In comparison to its peers, Cords Cable's valuation metrics are significantly more attractive. For instance, Havells India has a PE ratio of 64.84, while Polycab India stands at 45.49, both of which are much higher than Cords Cable's. This suggests that Cords Cable offers a compelling investment opportunity within the electrical cables industry. Additionally, while the stock has underperformed the Sensex over the past year, its impressive 3-year return of 279.39% highlights its potential for long-term growth.

What is the technical trend for Cords Cable?

As of June 6, 2025, Cords Cable's trend is sideways with mixed signals: bullish weekly MACD and Bollinger Bands, but mildly bearish monthly MACD and daily moving averages, indicating market uncertainty.

As of 6 June 2025, the technical trend for Cords Cable has changed from mildly bearish to sideways. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential upward movement. However, daily moving averages are mildly bearish, which adds some caution. The KST shows a bullish stance weekly but is mildly bearish monthly. Both the Dow Theory and OBV indicate no trend on weekly and monthly time frames. Overall, the current stance is neutral with mixed indicators, reflecting uncertainty in the market direction.

Who are in the management team of Cords Cable?

As of March 2023, the management team of Cords Cable includes Naveen Sawhney (Managing Director), Sanjeev Kumar (Executive Director), and several Independent Directors: Prem Kumar Vohra, Parveen Kumar, Rahul Mohnut, Eila Bhatia, and Pawan Kumar Maheswari (Whole-time Director). They collectively guide the company's governance and strategy.

As of March 2023, the management team of Cords Cable includes the following individuals:<BR><BR>1. Naveen Sawhney - Managing Director<BR>2. Sanjeev Kumar - Executive Director<BR>3. Prem Kumar Vohra - Independent Director<BR>4. Parveen Kumar - Independent Director<BR>5. Rahul Mohnut - Independent Director<BR>6. Eila Bhatia - Independent Director<BR>7. Pawan Kumar Maheswari - Whole-time Director<BR><BR>These members play various roles within the organization, contributing to its governance and strategic direction.

How big is Cords Cable?

As of 24th July, Cords Cable Industries Ltd has a market capitalization of 267.00 Cr and reported net sales of 794.55 Cr and a net profit of 14.68 Cr in the latest four quarters. Specific values for Shareholder's Funds and Total Assets are not available.

As of 24th July, Cords Cable Industries Ltd has a market capitalization of 267.00 Cr, classified as a Micro Cap.<BR><BR>In the latest four quarters, the company reported net sales of 794.55 Cr and a net profit of 14.68 Cr.<BR><BR>The reporting period for the balance sheet is the latest annual period, but specific values for Shareholder's Funds and Total Assets are not available.

When is the next results date for Cords Cable?

The next results date for Cords Cable is 12 November 2025.

The next results date for Cords Cable is scheduled for 12 November 2025.

How has been the historical performance of Cords Cable?

Cords Cable has shown consistent growth, with net sales increasing from 526.26 Cr in March 2023 to 794.56 Cr in March 2025, and profit after tax rising from 7.22 Cr to 14.67 Cr in the same period, indicating strong financial performance and improved shareholder value.

Answer:<BR>The historical performance of Cords Cable shows a consistent growth trend in net sales and profit metrics over the years.<BR><BR>Breakdown:<BR>Cords Cable has demonstrated significant growth in net sales, increasing from 526.26 Cr in March 2023 to 794.56 Cr in March 2025. This upward trend is mirrored in total operating income, which also rose from 526.26 Cr in March 2023 to 794.56 Cr in March 2025. The raw material costs have escalated alongside sales, reaching 640.42 Cr in March 2025 from 406.77 Cr in March 2023. Operating profit, excluding other income, improved from 39.54 Cr in March 2023 to 49.42 Cr in March 2025, while the overall operating profit increased to 53.35 Cr in March 2025. Profit before tax has also seen a rise, moving from 9.75 Cr in March 2023 to 19.64 Cr in March 2025, contributing to a profit after tax of 14.67 Cr in March 2025, up from 7.22 Cr in March 2023. The earnings per share have significantly increased from 5.58 in March 2023 to 11.35 in March 2025, indicating improved profitability and shareholder value. Overall, Cords Cable's financial metrics reflect a robust growth trajectory over the observed period.

Are Cords Cable Industries Ltd latest results good or bad?

Cords Cable Industries Ltd's latest results show strong revenue growth and a significant increase in net profit, but concerns about declining profit margins and low return on equity suggest caution for investors. Overall, the results are good in terms of growth but highlight underlying profitability challenges.

Cords Cable Industries Ltd's latest results present a mixed picture. On the positive side, the company reported a net profit of ₹4.92 crore for Q3 FY26, which is a significant increase of 37.43% quarter-on-quarter and a modest 5.13% year-on-year. Additionally, revenue reached an all-time high of ₹235.61 crore, reflecting a 4.39% increase from the previous quarter and a robust 14.71% increase year-on-year.<BR><BR>However, while the revenue growth is commendable, there are concerns regarding profitability. The operating margin stood at 6.21%, which, although slightly improved from the previous quarter, is down from 6.26% a year ago. The profit after tax (PAT) margin has also decreased to 2.09% from 2.28% year-on-year, indicating some margin compression despite the revenue growth.<BR><BR>Moreover, the company's return on capital employed (ROCE) is strong at 16.63%, the highest it has achieved, which suggests effective capital utilization. Yet, the return on equity (ROE) remains relatively low at 5.74%, indicating that shareholders are not fully benefiting from the operational efficiency.<BR><BR>In summary, while Cords Cable Industries has shown strong revenue growth and improved net profit, the challenges with margins and profitability metrics suggest that investors should approach with caution. The results are good in terms of revenue and profit growth, but the underlying profitability concerns warrant a closer examination.

Should I buy, sell or hold Cords Cable Industries Ltd?

Why is Cords Cable Industries Ltd falling/rising?

As of 04-Mar, Cords Cable Industries Ltd's stock price is Rs 166.85, down 1.2 (-0.71%), and has declined for two consecutive days, totaling a -3.36% drop. Despite increased investor interest indicated by a 214.92% rise in delivery volume, the stock remains below key moving averages and has a year-to-date decline of -9.84%, reflecting a negative outlook.

As of 04-Mar, Cords Cable Industries Ltd is experiencing a decline in its stock price, currently at Rs 166.85, reflecting a change of -1.2 (-0.71%). The stock has been on a downward trend, having fallen for the last two consecutive days, resulting in a total decline of -3.36% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In the broader market context, the stock has underperformed compared to the Sensex, with a 1-week return of -0.63% against the Sensex's -3.84%. However, it has outperformed its sector today by 2.75%. Despite this relative outperformance, the overall trend remains negative, as the stock has seen a year-to-date decline of -9.84%, while the sector itself has also fallen by -3.49%.<BR><BR>Investor participation appears to be increasing, with a significant rise in delivery volume, which increased by 214.92% compared to the 5-day average. This suggests that while the stock is currently falling, there may be growing interest from investors, potentially indicating a future reversal. Nonetheless, the immediate outlook remains negative due to the recent price movements and overall performance metrics.

Which are the latest news on Cords Cable?