Why is Relicab Cable Manufacturing Ltd ?
1
Weak Long Term Fundamental Strength with a 6.87% CAGR growth in Operating Profits over the last 5 years
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.54
2
99.94% of Promoter Shares are Pledged
- In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices
3
Below par performance in long term as well as near term
- Along with generating -43.38% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Electrical Equipment)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Relicab Cable for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Relicab Cable
-43.38%
-0.80
54.04%
Sensex
-8.3%
-0.62
13.46%
Quality key factors
Factor
Value
Sales Growth (5y)
23.93%
EBIT Growth (5y)
6.87%
EBIT to Interest (avg)
1.54
Debt to EBITDA (avg)
3.23
Net Debt to Equity (avg)
0.73
Sales to Capital Employed (avg)
1.67
Tax Ratio
12.75%
Dividend Payout Ratio
0
Pledged Shares
99.94%
Institutional Holding
0
ROCE (avg)
16.53%
ROE (avg)
13.00%
Valuation Key Factors 
Factor
Value
P/E Ratio
20
Industry P/E
44
Price to Book Value
2.29
EV to EBIT
11.55
EV to EBITDA
10.28
EV to Capital Employed
1.75
EV to Sales
0.66
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
14.55%
ROE (Latest)
11.53%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
Technical Movement
11What is working for the Company
NET SALES(Latest six months)
At Rs 43.16 cr has Grown at 61.89%
PAT(9M)
Higher at Rs 1.48 Cr
-3What is not working for the Company
ROCE(HY)
Lowest at 16.02%
DEBTORS TURNOVER RATIO(HY)
Lowest at 3.69 times
Loading Valuation Snapshot...
Here's what is working for Relicab Cable
Net Sales - Quarterly
At Rs 17.19 cr has Grown at 59.91%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit After Tax (PAT) - Nine Monthly
Higher at Rs 1.48 Cr
than preceding 12 month period ended Jun 2026 of Rs 1.44 crMOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
PAT (Rs Cr)
Here's what is not working for Relicab Cable
Debtors Turnover Ratio- Half Yearly
Lowest at 3.69 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio






