Industrial Products sector

Industry analysis

Cables - Electricals

Read from what its listed companies are showing. Valuations are compared within this industry.

Improving

26 listed companies · ₹ 2,17,912 Cr. total market value
  • ▲88% of companies grew sales by more than 8% from a year earlier; the typical company's profit rose 39%. 8% made a loss.
  • ▲3 credit rating upgrades and no downgrades in the last 90 days.
  • –12 good and 3 bad company announcements, including 1 big order won (read since 6 Oct 2026; not counted until there is a month of them).
  • ▲The typical share is up 5.2% in 3 months; 68% of shares trade above their 200-day average (their usual level).
  • –Typical P/E 22.9, close to these companies' usual level.
  • –No shares issued in 90 days; 1 more fund raise on the way.

▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.

In charts

Share prices over the last year

The typical Cables - Electricals share against the typical share on the market, both starting at 100. Now 115 vs 83.

Is growth speeding up or slowing down?

The typical company's sales and profit growth against the same quarter a year earlier.

Price against growth

Each dot is a company: further left is cheaper (lower P/E), higher up grew profit faster. Red dots passed the cheaper-than-peers screen. Companies beyond the chart's edges sit on the edge.

Cheaper than peers

Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.

No company here passes every test right now.

Cheaper than peers across the whole market

Leaders and laggards

Good news

  1. Lumino Industries LtdBig order won
  2. Dynamic CablesStrong results
  3. R R KabelCredit rating raised
  4. Cords Cable IndustriesCredit rating raised
  5. Polycab IndiaStrong results

Warning signs

  1. Polycab IndiaInsolvency case

Worst shares, 3 months

  1. Laser Power & Infra Ltd−31.2%
  2. JD Cables−21.3%
  3. KEI Industries−20.3%
  4. Prime Cable Industries−14.9%
  5. R R Kabel−14.8%

Companies

Click a column to sort.

Cables - Electricals companies
Signs (90 days)
Polycab India
POLYCAB
Cables - Electricals₹ 1,11,737.81 Cr.+52.8%+42.9%35.5−14.7%
Strong resultsInsolvency case
KEI Industries
KEI
Cables - Electricals₹ 35,516.57 Cr.+38.5%+28.4%33.7−20.3%
Strong results
R R Kabel
RRKABEL
Cables - Electricals₹ 24,391.67 Cr.+53.9%+127.8%39.6−14.8%
Credit rating raised
Finolex Cables
FINCABLES
Cables - Electricals₹ 16,761.23 Cr.+44.2%+52.8%20.8+18.4%
KSH International Ltd
KSHINTL
Cables - Electricals₹ 6,042.13 Cr.+108.2%+82.6%46+12.7%
Universal Cables
UNIVCABLES
Cables - Electricals₹ 4,550.34 Cr.+57.5%+105.9%22.8+0.6%
V-Marc India
VMARCIND
Cables - Electricals₹ 3,853.59 Cr.——39+12.8%
Laser Power & Infra Ltd
LASERPOWER
Cables - Electricals₹ 2,914.99 Cr.——26−31.2%
Lumino Industries Ltd
LUMINO
Cables - Electricals₹ 2,730.32 Cr.——17.1—
Big order won
Paramount Communications
PARACABLES
Cables - Electricals₹ 1,884.57 Cr.+17.3%+11.1%31+3.3%
Strong results
Dynamic Cables
DYCL
Cables - Electricals₹ 1,686.36 Cr.+33.2%+38.9%18.6−14.3%
Strong results
Quadrant Future Tek
QUADFUTURE
Cables - Electricals₹ 1,608 Cr.+41.3%Loss240.4+16.8%
Divine Power Energy
DPEL
Cables - Electricals₹ 1,467.95 Cr.——54.6+5.4%
Systematic Industries
544541
Cables - Electricals₹ 536.26 Cr.+6%+9.1%25.8+25.5%
Susan Electricals India Ltd
544793
Cables - Electricals₹ 446.89 Cr.——24.2+9.3%
JD Cables
544524
Cables - Electricals₹ 360.93 Cr.——11.6−21.3%
Cords Cable Industries
CORDSCABLE
Cables - Electricals₹ 342.24 Cr.+9.5%+101.6%13.9+64.2%
Credit rating raised
Prime Cable Industries
PRIMECAB
Cables - Electricals₹ 311.51 Cr.——21.9−14.9%
Plaza Wires
PLAZACABLE
Cables - Electricals₹ 221.46 Cr.+38.1%+316.7%20.4+22.3%
Bhadora Industries
BHADORA
Cables - Electricals₹ 220.88 Cr.——22.9+31.9%
DCG Cables & Wires
DCG
Cables - Electricals₹ 120.69 Cr.+89.6%−25%13.9+26.2%
Ultracab (India)
538706
Cables - Electricals₹ 87.72 Cr.+32%−37.1%17.7+5.1%
Marco Cables & Conductors
MARCO
Cables - Electricals₹ 64.32 Cr.−3.9%−50%15.3+12.3%
Defrail Technologies Ltd
544677
Cables - Electricals₹ 50.58 Cr.——12.6+2.9%
CMI
CMICABLES
Cables - Electricals₹ 3.45 Cr.+9.4%Loss0.1—
B.C. Power Controls Ltd
BCP
Cables - Electricals—+192.3%−27.3%24.2−7%

Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.