Cords Cable share price & results
- Jun 2026
- Sept 2026
Delhi-NCR maker of customized Control, Instrumentation and Power cables (up to 3.3kV) for oil & gas, power, water, metro rail and infrastructure customers
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 247 | +9.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 6.1 | +0.1 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 7.8 | +101.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 12.77 | +2.5 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 3.44 | +4.2 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 15.12 | −6.6 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance +62.5% 1Y
1Y: ₹177.56 on 24 Oct 2025 → ₹288.5. High ₹382.9 (22 Sept 2026), low ₹129.69 (30 Mar 2026).
- Previous close
- ₹274.8
- Market cap
- ₹367 Cr
- 52-week range
- ₹129.69 – ₹382.9
- One year
- +63.81%
- Price to earnings (TTM to Jun 2026)
- 14.93×
- Return on equity (TTM to Jun 2026)
- 12.77%
Overview
- Symbol
- NSE:CORDSCABLE
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Cords Cable does
Based on the company's own presentations, annual report and earnings calls.
Cords Cable Industries manufactures Control, Instrumentation, LV Power (up to 3.3kV) and specialty cables (fieldbus, EPR, solar PV, fire-survival, railway signalling, thermocouple, water-desalination and low-temperature cables) at two plants in Bhiwadi, Rajasthan. About 95% of orders are built to customer specification for sectors such as oil & gas/hydrocarbons, power, water desalination, metro rail and freight corridors, cement/metals, chemicals and fertilizers, FMCG and airports. The company also exports to customers in the Middle East, Australia, Europe, Italy and Africa.
Segments
- Instrumentation & Control Cables
- Power Cables
- Manufacturing plants
- 2 (Chopanki & Kahrani units, Bhiwadi, Rajasthan)
- Installed capacity
- ~65,000 Kms/yr of cable (Chopanki ~30,000 Kms + Kahrani ~35,000 Kms)
- Capacity utilization
- ~75% (Q3 FY23)
- Permanent employees
- 231 (FY25)
- Product mix
- 74% Instrumentation & Control Cables / 26% Power Cables
- R&D team
- 5 people
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +102% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 183 | 205 | 233 | 226 | 226 | 236 | 267 | 247 |
| Expenses | 172 | 193 | 219 | 212 | 212 | 221 | 251 | 232 |
| Operating profit | 11 | 13 | 15 | 14 | 14 | 15 | 16 | 15 |
| Operating margin | 6.2% | 6.3% | 6.3% | 6.0% | 6.2% | 6.2% | 6.0% | 6.1% |
| Other income | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 |
| Interest | 6 | 5 | 7 | 7 | 7 | 6 | 6 | 7 |
| Depreciation | 2 | 2 | 2 | 2 | 3 | 3 | 2 | 2 |
| Profit before tax | 4 | 6 | 6 | 5 | 5 | 7 | 11 | 11 |
| Tax rate | 25.8% | 25.2% | 24.5% | 26.5% | 25.7% | 25.4% | 25.1% | 26.1% |
| Net profit | 3 | 5 | 4 | 4 | 4 | 5 | 8 | 8 |
| EPS (₹ per share) | 2.03 | 3.62 | 3.47 | 2.99 | 2.77 | 3.81 | 6.40 | 6.03 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 526 | 628 | 795 | 954 |
| Expenses | 487 | 586 | 745 | 896 |
| Operating profit | 40 | 41 | 49 | 58 |
| Other income | 1 | 5 | 4 | 5 |
| Interest | 24 | 25 | 25 | 26 |
| Depreciation | 8 | 8 | 9 | 10 |
| Profit before tax | 10 | 14 | 20 | 28 |
| Net profit | 7 | 10 | 15 | 21 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 139 | 146 | 156 | 170 | 177 | 189 |
| Borrowings | 93 | 83 | 85 | 116 | 101 | 111 |
| Other liabilities | 79 | 94 | 108 | 122 | 144 | 177 |
| Total liabilities | 324 | 337 | 362 | 421 | 435 | 490 |
| Fixed assets | 90 | 87 | 91 | 102 | 102 | 102 |
| Capital work in progress | 6 | 6 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 2 | 2 | 2 | 2 |
| Other assets | 228 | 243 | 269 | 316 | 331 | 386 |
| Total assets | 324 | 337 | 362 | 421 | 435 | 490 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 18 | 30 | 35 | 30 | 14 | 43 |
| Cash from investing | 4 | -10 | -6 | -7 | -16 | -11 |
| Cash from financing | -21 | -17 | -33 | -23 | 2 | -32 |
| Net cash flow | 0 | 3 | -4 | 0 | 0 | 0 |
| Free cash flow | 14 | 20 | 29 | 24 | -6 | 33 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 123 | 107 | 103 | 96 | 95 | 84 |
| Inventory days | 88 | 74 | 55 | 49 | 41 | 54 |
| Days payable | 78 | 72 | 70 | 68 | 60 | 68 |
| Cash conversion cycle | 134 | 110 | 88 | 77 | 77 | 70 |
| Working capital days | 70 | 47 | 49 | 43 | 39 | 39 |
| Return on capital employed | 13.0% | 13.0% | 14.0% | 15.0% | 16.0% | 18.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 13.0% | 9.0% | 8.0% |
What the price assumes
AttractiveTo justify its price of ₹288, this stock must grow earnings at 13% every year for 7 years. Our analysis caps realistic growth at ~37%. At that growth it is worth ₹942 — upside of 227%.
- Growth the price implies
- 13.2% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 36.8% a year
- net profit, FY23–FY26 · EPS 36.8%
- The gap
- -0.2 pp
- 227% downside if it only repeats history
Ownership
Who owns it
Promoters hold 52.45% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 52.45%
- Foreign institutions 1.29%
- Domestic institutions 0.59%
- Public 45.68%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 1.05% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Cords Cable above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 47.22% | unchanged | |
| 1.86% | unchanged | |
| 1.73% | unchanged | |
| 1.54% | unchanged | |
| Global fund house | 1.29% | unchanged |
| 1.05% | newly disclosed | |
| 0.10% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
Start an Inve Case for Cords Cable
Free account: one company. Everything above stays public.
Write why you follow Cords Cable and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other Capital Goods companies
- BE
BEMHYBemco Hydraulics Ltd. - DL
DLTNCBLDelton Cables Ltd. - UN
UNIDTUnited Drilling Tools Limited - FA
FABCLEANFABTECH TECHNOLOGIES CLEANROOMS LIMITED - DE
DENORADe Nora India Limited - DA
DANLAWDanlaw Technologies India Ltd. - AV
AVANAAvana Electrosystems Limited - HE
HERCULESHercules Investments Limited
Learn to analyse Cords Cable
Guides on how to read this kind of business and the numbers that matter.