Cable Corporation Of India Ltd - Stock Valuation and Financial Performance

BSE: 500077 | NSE: CCI | Cable | Small Cap

BSE Share Price
Not Listed

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Cable Corporation Of India stock performance -

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P/E Ratio (SA):
0.00
Market Cap:
144.5 Cr.
52-wk low:
18.7
52-wk high:
18.7

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Cable Corporation:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 5.1%18.5%-0.4%4.3%-4.6%3.7%34.5%-12.8%55.4%-8%-
Value Creation
Index
-0.60.3-1.0-0.7-1.3-0.71.5-1.93.0-1.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 19121313698.31381072259017524.725
Sales YoY Gr.-11.5%-35.8%-28%40.2%-22.5%110.9%-60.1%94.7%-85.9%-
Adj EPS -2.52.4-2.8-3-4.9-2.85-5.59.1-3.4-3.4
YoY Gr.-NA-218.7%NANANANA-210%NA-137.7%-
BVPS (₹) 16.618.916.215.210.27.312.36.816.112.618
Adj Net
Profit
-19.118.2-21.6-23.2-37.9-2238.6-42.570.2-26.5-27
Cash Flow from Ops. 30.81621.6-1.825.73595.713.871.4-
Debt/CF from Ops. 7.10.664.5-82.26.64.70.79.511.461.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -20.3%-29.1%-52.1%-85.9%
Adj EPS NANA-188.3%-137.7%
BVPS-3%4.4%0.9%-21.4%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on
Equity %
-13.813.3-15.9-19.1-38.6-32.550.9-57.679.5-23.9-22.4
Op. Profit
Mgn %
13.229.76.61.8-3.312.731.1-21.665-55.731.6
Net Profit
Mgn %
-108.6-15.8-23.6-27.5-20.617.1-47.240.1-107.2-107.2
Debt to
Equity
1.70.70.81.22.22.90.72.50.60.90.2
Working Cap
Days
3932642623642853981984472531,68890
Cash Conv.
Cycle
196584513611311316110-194740-44

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Cable Corporation Of India Ltd.

Standalone Consolidated
TTM EPS (₹) -3.4 -
TTM Sales (₹ Cr.) 24.7 -
BVPS (₹.) 18 -
Reserves (₹ Cr.) 62 -
P/BV 1.04 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 18.70 / 18.70
All Time Low / High (₹) 1.40 / 350.00
Market Cap (₹ Cr.) 145
Equity (₹ Cr.) 77.3
Face Value (₹) 10
Industry PE 57.1

Management X-Ray of Cable Corporation:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *17.9117.9117.9117.9117.9122.6822.6822.6818.790.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Cable Corporation

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21
Sales190.61212.55136.4698.25137.78106.80225.2389.95175.1524.72
Operating Expenses 166.70149.52127.4696.64144.2793.81155.30109.3361.3838.48
Manufacturing Costs7.897.745.246.599.837.055.095.271.720.73
Material Costs131.54105.9690.7464.9799.9958.76121.5175.1125.2026.71
Employee Cost 9.3710.3310.1310.4512.6212.5810.5410.748.154.56
Other Costs 17.9025.4921.3514.6321.8315.4218.1618.2126.316.48
Operating Profit 23.9163.0391.61-6.4912.9969.93-19.38113.77-13.76
Operating Profit Margin (%) 12.5%29.7%6.6%1.6%-4.7%12.2%31.0%-21.5%65.0%-55.7%
Other Income 3.381.361.3718.253.592.932.903.405.405.67
Interest 37.6636.8620.5322.312731.0627.5320.2035.7511.04
Depreciation 9.499.3511.379.368.927.256.746.2811.857.37
Exceptional Items 0000000000
Profit Before Tax -19.8618.18-21.53-11.81-38.82-22.3938.56-42.4671.57-26.50
Tax 0.0100000000.010
Profit After Tax -19.8718.18-21.53-11.81-38.82-22.3938.56-42.4671.56-26.50
PAT Margin (%) -10.4%8.6%-15.8%-12.0%-28.2%-21.0%17.1%-47.2%40.9%-107.0%
Adjusted EPS (₹)-2.62.4-2.8-1.5-5.0-2.95.0-5.59.3-3.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21

Equity and Liabilities

Shareholders Fund 128.16146.34124.81117.6278.8056.4194.9752.51124.0797.57
Share Capital 77.2977.2977.2977.2977.2977.2977.2977.2977.2977.29
Reserves 50.8769.0547.5240.331.51-20.8817.68-24.7846.7820.28
Minority Interest0000000000
Debt191.1678.3093.87133.10139.85124.2260.61121.8172.6576.39
Long Term Debt129.6924.7322.1294.3586.0761.7921.0280.4612.6111.59
Short Term Debt61.4753.5771.7538.7553.7862.4339.5941.3560.0464.80
Trade Payables50.8758.7730.2720.0737.5339.8963.4258.1131.8935.03
Others Liabilities 51.5345.1943.2736.7354.3187.7893.9457.0846.3134.04
Total Liabilities 421.72328.60292.22307.52310.49308.30312.94289.51274.92243.03

Fixed Assets

Gross Block246.92286.42257.06256.24254.80236.40236.63237.30237.19237.20
Accumulated Depreciation135.37144.53127.82131.39138.81128.26135141.28153.06160.42
Net Fixed Assets111.55141.89129.24124.85115.99108.14101.6396.0284.1376.78
CWIP 29.270.671.271.431.531.561.561.091.091.09
Investments 57.3557.3557.3557.3557.3557.3557.3557.3557.3557.35
Inventories25.2719.6213.4320.7521.8814.90208.124.992.56
Trade Receivables146.3265.0446.6851.5459.7473.6781.4175.4161.4273.26
Cash Equivalents 13.6012.4210.4910.8115.4913.4116.5213.408.602.90
Others Assets38.3631.6133.7640.7938.5139.2734.4738.1257.3429.09
Total Assets 421.72328.60292.22307.52310.49308.30312.94289.51274.92243.03

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21
Cash Flow From Operating Activity 30.78161.911.55-1.7725.6934.9795.6713.8171.36
PBT -19.8718.18-21.53-11.81-38.82-22.3938.56-42.4671.56-26.50
Adjustment 46.1845.4131.1646.5035.3634.1230.5122.7341.9116.38
Changes in Working Capital 5.1598.52-7.87-36.4629.1523.2426.633.54-106.4711.48
Tax Paid -0.68-0.20-0.210000000
Cash Flow From Investing Activity -27.26-10.151.43-16.180.064.172.733.285.482.03
Capex -28-11.090.64-21.56-0.771.16-0.23-0.201.95-0.02
Net Investments 0000000000
Others 0.740.940.795.380.833.012.963.483.532.05
Cash Flow From Financing Activity -12.34-152.94-4.9118.27-21.07-41.22-95.29-20.21-17.28-9.09
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 2.44-104.98-2.6172.23-8.28-24.28-40.77-3.06-5.35-1.02
Interest Paid -37.75-40.06-20.48-20.96-27.82-25.59-31.68-18.91-30.62-12.83
Dividend Paid 0000000000
Others 22.97-7.9018.18-3315.038.65-22.841.7618.694.76
Net Cash Flow -8.82-1.18-1.930.324.68-2.083.11-3.12-4.80-5.70
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21
Ratios
ROE (%)-14.3913.25-15.88-9.74-39.53-33.1250.94-57.5881.05-23.91
ROCE (%)5.1418.48-0.424.31-4.623.7134.52-12.8255.37-8.02
Asset Turnover Ratio0.480.60.470.350.480.370.780.350.630.1
PAT to CFO Conversion(x)N/A8.91N/AN/AN/AN/A2.48N/A0.1N/A
Working Capital Days
Receivable Days273171139173136214116272141994
Inventory Days52364160525926491456
Payable Days160189179141105240155295652457

Cable Corporation Of India Ltd Stock News

Cable Corporation Of India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Cable Corporation on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Cable Corporation stood at ₹144.5.
The latest P/E ratio of Cable Corporation as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Cable Corporation as of 01-Jan-1970 05:30 is 1.04.
The 52-week high of Cable Corporation is ₹18.70 and the 52-week low is ₹18.70.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Cable Corporation is ₹24.72 ( Cr.) .

About Cable Corporation Of India Ltd

Cable Corporation of India (CCI) was promoted in 1957 by Siemens A G, Felten and Guileaume A G of Germany and the Khataus and Thackerseys of India. The company is the industry leader in India having an ISO 9001 Quality Management System certification from BVQI.

It has all the necessary hardware, software and infrastructure to manufacture a wide range of power cables and control cables. Besides, it also has a nationwide marketing and sales network along with regional warehouses to cater to the diverse needs of its customers.

CCI has a wide product range for power or control cables ranging from 250 V to 230 kV covered under the strongest brand names of Tropodur, Tropothen, Tropothen-S, Tropoflex, Tropoplast and Tropotherm cables. The company is an exclusive licensee of Siemens AG cable trade names in India and controls about 21% of the organized power cable market in India.

It manufactures PVC, XLPE, Paper, Fluoropolymer and Elastomeric insulated power cables under the above trade names. It is also specialized in the areas of specialty cables like HVDC cables, Mining cables, Aerial Bunched Cables (33 kV), Winding wires etc. The cables manufactured by CCI correspond to various International Standards like BS, VDE, IEC, GOST, in addition to BIS, and client specifications.

The company currently has a pan-India presence with its network spread over 10 major locations in India and a dedicated manpower strength of over 1,200 people. Its corporate philosophy is ‘Total Cable Service - from concept to commissioning’, which is in harmony with the company’s Quality Policy ‘To sustain and enhance company’s reputation for product quality at competitive prices in national and international markets and to meet customer’s expectations’.

Its quality products are exported to South Africa, Sri Lanka, Bangladesh, Mauritius, Kuwait, Singapore and other countries.

CCI was the only company in Asia to have the technical collaboration with Mitsubishi Cable Industries of Japan for the MDCV process for manufacturing EHV XLPE cables with rights to patent and know how and rights to sell these cables anywhere outside Japan.

The company has been awarded World Bank business tenders against International competition.

Manufacturing units:

CCI has two manufacturing plants in India:

  • Fully integrated manufacturing facility at Borivli, Mumbai spread over 1,50,000 sq.m.
  • New state of the art plant at Nashik, Maharashtra, spread over 67,000 sq.m., commissioned in March 1997

Product and Services:

It covers a wide range of products which include:

  • PILC Cables 
  • XLPE Cables 
  • PVC Cables 
  • Elastomer Cables 
  • EHV Cables 
  • FRLS Cables 

CCI is the only company in India which offers `Total Cable Service' to customers from `Concept to Commissioning'. Some of the technical services offered by CCI are :

  • Supply of power and control cables as per customer requirements.
  • Supply of cable accessories, jointing & termination kits.
  • Supply of transformers.
  • Designing cables and cabling systems for project.
  • Erection and commissioning services for cables.
  • Total project and turnkey services.
  • Jointing services for EHV cables.

Milestones:

CCI has a tradition of milestones of achievements. Some of the more significant are given below:

  • 1960 - Tropodur (PVC) wires and cables introduced in the Indian market
  • 1961 - Manufacture of Paper Insulated Lead Sheathed cables commenced
  • 1962 - Indigenous manufacture of Tropodur PVC compound started
  • 1963 - Unique welding process for aluminium conductor cable termination/ Joints developed
  • 1966 - Tropodur 3.3 kV cables for mining application manufactured and supplied
  • 1967 - Manufacture of 3 kV and 5 kV PVC insulated airport lighting cable with moulded plug/socket
  • 1968 - Manufacture of 33 kV Paper Insulated Lead Sheathed cables commenced
  • 1969 - 11kV Tropodur Cables introduced for the first in India as replacement for Paper Insulated Lead Sheathed Cables.
  • 1976 - 70 kV DC cables for Electrostatic Precipitator developed
  • 1977 - PVC compounds suitable for operation upto 105o C as per VDE 0209 developed
  • 1979 - Manufacture of Tropothen-X XLPE cables upto 33 kV commenced
  • 1983 - Tropoflex Elastomer trailing flexible cables upto 11 kV in single continuous length of 1000 m manufactured for the frst time in India
  • 1984 - Flame Retardant Low Smoke (FRLS) and Fire Survival (FS) cables developed for the first time and large quantities supplied to Electricity Boards.
  • 1985 - Application oriented compounds for Elastomer cables for Mining, Material handling, Ship wiring, Locomotives etc. developed indigenously
  • 1986 - Manufacture of Tropotherm Silicone rubber insulated cables commenced
  • 1988 - Manufacture of Tropoflur fluoroplastic insulated wires and cables started
  • 1989 - First in Asia, outside Japan, to get license to make EHV cables with patented MDCV process from Mitsubishi Cable Industries, Japan
  • 1991 - Tropothen-S Super tension 132 kV, XLPE Cables manufactured for the first time in India.
  • 1991 - Seismic, Undersea, Degaussing, X-Ray HT DC Cables developed as import substitution.
  • 1992 - Tropothen-S Super tension 230 kV, XLPE Cables manufactured for the first time in India.
  • 1993 - Successfully tested the first 220 kV XLPE cables at NV KEMA, Netherlands.
  • 1994 - Successfully manufactured and installed the 230 kV XLPE cable for TNEB at Kadamparai, Tamil Nadu
  • 1994 - Obtained the ISO:9001 Quality Management System Certification, the first cable company in India to obtain this certification
  • 1995 - Commissioned 2000 MT Aluminium Press for metallic sheathing of EHV cables.
  • 1996 - EHV jointers' service extended to overseas project.
  • 1996 - Successfully developed electromagnetic Mine Sweeping cables (TEM3) for Navy and developed elastomeric cables for Degaussing of ships
  • 1996 - Low Halogen Non-toxic cables manufactured.
  • 1997 - Successfully developed, manufactured and supplied High Voltage Cables with segmental (Milliken) conductor for the first time in India
  • 1997 - Largest exporter of power cables from India.
  • 1998 - 33kV Aerial Bunched Conductor (ABC) cables developed and supplied.
  • 1998 - Submarine cable supplied, installed between the mainland and Vivekananda Rock Memorial in Tamil Nadu.
  • 1998 - First and only company in India to manufacture & install Extra High Voltage Cable (TROPOTHEN-S ®) with corrugated aluminium sheathing.
  • The shareholders of Cable Corporation of India approved the Scheme of Arrangement between Prithvi Consultancy Services and the company at a meeting held on April 28, 2009.
  • 2010 - Manufactured & Supplied 128 Km of 230 kV XLPE cables.
  • 2011 - The Company installs cables for India's first F1 race track.
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