Cords Cable Industries Limited (IN:CORDSCABLE)
:CORDSCABLE
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Cords Cable Industries Limited
(CORDSCABLE)
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Rating:61Neutral
Price Target:
₹147.00
▼(-18.96% Downside)
Action:DowngradedDate:03/24/26
The score is driven primarily by solid financial performance (revenue growth and stable gross margins) offset by profitability/cash-flow concerns and leverage risk. Technicals are the biggest near-term drag due to a pronounced downtrend and weak momentum, while valuation is moderately supportive with a modest P/E but limited dividend yield.
Positive Factors
Revenue Growth
Consistent high revenue growth (~24% YoY) reflects expanding demand and effective order execution across industrial and infrastructure end-markets. Sustained top-line expansion supports scale economies, better fixed-cost absorption, and capacity investments that strengthen long-term cash-generation potential.
Negative Factors
High Leverage Risk
A relatively high debt-to-equity ratio elevates financial risk; interest costs can erode net margins and limit strategic flexibility for capex or working-capital. Sustained leverage increases vulnerability to demand slowdowns and raises refinancing risk during tighter credit conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Consistent high revenue growth (~24% YoY) reflects expanding demand and effective order execution across industrial and infrastructure end-markets. Sustained top-line expansion supports scale economies, better fixed-cost absorption, and capacity investments that strengthen long-term cash-generation potential.
Read all positive factors
Cords Cable Industries Limited (CORDSCABLE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹1.81B
Dividend Yield0.52%
Average Volume (3M)1.87K
Price to Earnings (P/E)12.2
Beta (1Y)1.80
Revenue Growth26.59%
EPS Growth42.18%
CountryIN
Employees215
SectorServices
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)3.80
Shares Outstanding12,927,780
10 Day Avg. Volume2,207
30 Day Avg. Volume1,869
Financial Highlights & Ratios
PEG Ratio0.31
Price to Book (P/B)1.14
Price to Sales (P/S)0.26
P/FCF Ratio-7.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Cords Cable Industries Limited Business Overview & Revenue Model
Company Description
Cords Cable Industries Limited designs, develops, manufactures, and sells power, control, instrumentation, thermocouple extension/compensating, and communication cables in India. It offers cables, such as fieldbus, fire survival, EPR, low temperat...
How the Company Makes Money
Cords Cable Industries Limited primarily makes money by manufacturing and selling cables. Its revenue is generated from orders for different categories of cables (including power, control, and instrumentation/signal cables) supplied to customers f...
Cords Cable Industries Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
72
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.90B | 7.95B | 6.28B | 5.26B | 4.38B | 3.23B |
| Gross Profit | 1.55B | 1.06B | 1.21B | 1.05B | 735.37M | 651.94M |
| EBITDA | 577.98M | 533.52M | 437.54M | 376.97M | 382.39M | 359.47M |
| Net Income | 166.12M | 146.70M | 100.71M | 72.19M | 63.66M | 43.55M |
Balance Sheet | ||||||
| Total Assets | 4.35B | 4.21B | 3.62B | 3.37B | 3.24B | 2.94B |
| Cash, Cash Equivalents and Short-Term Investments | 259.74M | 252.79M | 16.27M | 203.37M | 41.75M | 10.64M |
| Total Debt | 1.01B | 1.07B | 847.47M | 834.26M | 928.73M | 853.78M |
| Total Liabilities | 2.45B | 2.38B | 1.92B | 1.77B | 1.72B | 1.48B |
| Stockholders Equity | 1.90B | 1.82B | 1.69B | 1.59B | 1.52B | 1.46B |
Cash Flow | ||||||
| Free Cash Flow | 214.12M | -279.70M | 243.40M | 291.20M | 200.47M | 143.16M |
| Operating Cash Flow | 266.88M | -77.16M | 298.26M | 349.96M | 299.28M | 180.79M |
| Investing Cash Flow | -49.84M | -192.66M | -65.77M | -59.64M | -98.17M | 36.80M |
| Financing Cash Flow | -216.15M | 270.09M | -232.79M | -325.40M | -170.96M | -212.68M |
Cords Cable Industries Limited Technical Analysis
Negative
181.40
Price Trends
163.77
Negative
175.18
Negative
180.47
Negative
Market Momentum
-7.06
Positive
28.59
Positive
14.90
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CORDSCABLE, the sentiment is Negative. The current price of 181.4 is above the 20-day moving average (MA) of 157.58, above the 50-day MA of 163.77, and above the 200-day MA of 180.47, indicating a bearish trend. The MACD of -7.06 indicates Positive momentum. The RSI at 28.59 is Positive, neither overbought nor oversold. The STOCH value of 14.90 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CORDSCABLE.
Cords Cable Industries Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹1.74B | 8.32 | ― | 0.86% | 7.26% | 19.13% | |
69 Neutral | ₹12.69B | 18.05 | ― | 0.07% | 28.58% | 54.67% | |
61 Neutral | ₹1.81B | 12.24 | ― | 0.52% | 26.59% | 42.18% | |
57 Neutral | ₹107.49M | 4.50 | ― | ― | ― | ― | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
45 Neutral | ₹60.26M | -0.52 | ― | ― | 254.90% | -150.80% |
* Services Sector Average
IN:CORDSCABLE
Cords Cable Industries Limited
139.50
-19.10
-12.04%
IN:BCP
B.C. Power Controls Ltd.
1.55
-0.20
-11.43%
IN:CMICABLES
CMI Limited
3.76
0.06
1.62%
IN:DYCL
Dynamic Cables Ltd.
262.30
-15.50
-5.58%
IN:SANCO
Sanco Industries Ltd
2.39
0.13
5.75%
IN:VETO
Veto Switchgears & Cables Ltd.
93.05
-5.57
-5.65%
Cords Cable Industries Limited Corporate Events
Cords Cable Files SEBI Compliance Certificate for December Quarter
Jan 7, 2026
Cords Cable Industries Limited has submitted to the National Stock Exchange of India and the Bombay Stock Exchange a confirmation certificate from its Registrar Share Transfer Agent, MUFG Intime India Private Limited, under Regulation 74(5) of th...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.