Delhi-based manufacturer of speciality and power cables (railway signalling, fire-survival, telecom, HV/EHV) with plants in Faridabad and Baddi, currently under Corporate Insolvency Resolution Process.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY08 | FY09 | FY10 | FY15 | FY16 | FY17 | FY18 | FY19 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 3 | 3 | 3 | 11 | 14 | 15 | 15 | 15 |
| Reserves | -1 | 1 | 4 | 26 | 161 | 192 | 223 | 235 |
| Borrowings | 14 | 18 | 17 | 33 | 98 | 158 | 218 | 243 |
| Other Liabilities | 9 | 8 | 9 | 25 | 48 | 131 | 137 | 158 |
| Total Liabilities | 24 | 29 | 33 | 95 | 322 | 496 | 593 | 652 |
| AssetsFixed Assets | 6 | 6 | 6 | 8 | 166 | 164 | 160 | 157 |
| CWIP | 0 | 0 | 0 | 0 | 7 | 5 | 4 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 18 | 24 | 27 | 87 | 149 | 328 | 428 | 492 |
| Total Assets | 24 | 29 | 33 | 95 | 322 | 496 | 593 | 652 |
| Line item | FY07 | FY08 | FY09 | FY10 | FY15 | FY16 | FY17 | FY18 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | — | — | — | — | -3 | -4 | -22 | -24 |
| Cash from Investing | — | — | — | — | -4 | -12 | -3 | -11 |
| Cash from Financing | — | — | — | — | 8 | 18 | 24 | 36 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | -7 | -10 | -27 | -31 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
CMICABLES · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.