Relicab Cable Manufacturing Ltd
₹ 40.5
11.44%
12 Dec
- close price
About
Incorporated in 1992, Relicab Cable Manufacturing Ltd is an SME which does manufacturing and marketing of PVC Compounds, Wires and Cables
Key Points
- Market Cap ₹ 40.9 Cr.
- Current Price ₹ 40.5
- High / Low ₹ 108 / 35.1
- Stock P/E 28.4
- Book Value ₹ 14.3
- Dividend Yield 0.00 %
- ROCE 20.3 %
- ROE 13.4 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Debtor days have improved from 88.6 to 54.3 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 28.0%
- Company has a low return on equity of 13.7% over last 3 years.
- Promoters have pledged or encumbered 99.9% of their holding.
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11.09 | 11.83 | 15.50 | 18.70 | 21.00 | 22.54 | 12.26 | 14.59 | 33.60 | 34.56 | 37.83 | 39.83 | 46.93 | |
| 9.98 | 10.52 | 14.12 | 17.13 | 18.93 | 19.65 | 14.36 | 13.76 | 31.63 | 31.28 | 33.70 | 35.62 | 43.30 | |
| Operating Profit | 1.11 | 1.31 | 1.38 | 1.57 | 2.07 | 2.89 | -2.10 | 0.83 | 1.97 | 3.28 | 4.13 | 4.21 | 3.63 |
| OPM % | 10.01% | 11.07% | 8.90% | 8.40% | 9.86% | 12.82% | -17.13% | 5.69% | 5.86% | 9.49% | 10.92% | 10.57% | 7.73% |
| 0.05 | 0.10 | 0.11 | 0.16 | 0.23 | 0.29 | 1.84 | 0.23 | 0.11 | 0.50 | 0.58 | 0.80 | 1.11 | |
| Interest | 1.01 | 1.12 | 1.11 | 1.36 | 1.42 | 1.39 | 1.70 | 1.73 | 1.54 | 2.19 | 2.76 | 2.40 | 2.51 |
| Depreciation | 0.07 | 0.10 | 0.12 | 0.15 | 0.18 | 0.23 | 0.18 | 0.14 | 0.15 | 0.15 | 0.20 | 0.24 | 0.29 |
| Profit before tax | 0.08 | 0.19 | 0.26 | 0.22 | 0.70 | 1.56 | -2.14 | -0.81 | 0.39 | 1.44 | 1.75 | 2.37 | 1.94 |
| Tax % | 25.00% | 31.58% | 34.62% | 40.91% | 25.71% | 30.13% | -0.47% | 1.23% | 43.59% | -0.00% | 12.00% | 27.85% | |
| 0.06 | 0.13 | 0.18 | 0.14 | 0.52 | 1.10 | -2.13 | -0.81 | 0.22 | 1.45 | 1.54 | 1.71 | 1.44 | |
| EPS in Rs | 3.00 | 0.25 | 0.22 | 0.18 | 0.55 | 1.17 | -2.27 | -0.80 | 0.22 | 1.44 | 1.53 | 1.69 | 1.43 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 27% |
| 3 Years: | 6% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | 20% |
| 3 Years: | 98% |
| TTM: | -38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | -15% |
| 1 Year: | -56% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 8% |
| 3 Years: | 14% |
| Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.00 | 2.97 | 4.58 | 4.58 | 5.40 | 5.40 | 5.40 | 5.80 | 5.80 | 10.09 | 10.09 | 10.09 | 10.09 |
| Reserves | 0.26 | 0.13 | 1.46 | 1.61 | 4.28 | 5.39 | 3.26 | 3.45 | 3.67 | 0.83 | 1.80 | 3.47 | 4.31 |
| 4.85 | 3.57 | 7.60 | 9.09 | 6.39 | 9.75 | 8.97 | 10.01 | 11.96 | 10.63 | 10.92 | 10.53 | 10.87 | |
| 3.49 | 4.43 | 2.30 | 3.78 | 5.73 | 5.73 | 7.45 | 10.14 | 11.02 | 13.59 | 11.17 | 12.73 | 18.21 | |
| Total Liabilities | 9.60 | 11.10 | 15.94 | 19.06 | 21.80 | 26.27 | 25.08 | 29.40 | 32.45 | 35.14 | 33.98 | 36.82 | 43.48 |
| 0.42 | 0.39 | 0.63 | 0.58 | 1.08 | 0.91 | 0.74 | 0.58 | 0.64 | 0.60 | 0.99 | 1.39 | 2.07 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.29 | 0.29 | 0.32 | -0.00 | -0.00 |
| Investments | 0.34 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| 8.84 | 10.71 | 15.31 | 18.48 | 20.72 | 25.36 | 24.34 | 28.82 | 31.52 | 34.25 | 32.67 | 35.43 | 41.41 | |
| Total Assets | 9.60 | 11.10 | 15.94 | 19.06 | 21.80 | 26.27 | 25.08 | 29.40 | 32.45 | 35.14 | 33.98 | 36.82 | 43.48 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.17 | 0.56 | -4.79 | -0.15 | 3.21 | -3.39 | 2.63 | 1.00 | 0.03 | 3.74 | 2.22 | 2.92 | |
| -0.09 | -0.06 | -0.92 | -0.08 | -0.57 | 0.43 | 0.17 | -0.12 | -0.39 | 0.03 | -0.32 | -0.15 | |
| -0.16 | -0.51 | 5.76 | 0.31 | -2.34 | 3.12 | -2.07 | 1.17 | 0.67 | -3.48 | -2.45 | -2.79 | |
| Net Cash Flow | -0.08 | -0.01 | 0.05 | 0.09 | 0.29 | 0.16 | 0.72 | 2.04 | 0.30 | 0.28 | -0.56 | -0.01 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 88.53 | 88.55 | 75.12 | 113.99 | 68.65 | 86.80 | 24.12 | 100.82 | 69.63 | 114.59 | 96.77 | 54.34 |
| Inventory Days | 202.09 | 236.70 | 251.00 | 207.45 | 247.83 | 315.37 | 463.74 | 503.74 | 203.56 | 185.94 | 185.26 | 235.48 |
| Days Payable | 131.56 | 176.61 | 63.87 | 84.80 | 105.98 | 94.52 | 193.38 | 302.79 | 139.29 | 172.83 | 127.67 | 112.14 |
| Cash Conversion Cycle | 159.06 | 148.64 | 262.25 | 236.64 | 210.50 | 307.65 | 294.47 | 301.77 | 133.90 | 127.70 | 154.36 | 177.68 |
| Working Capital Days | 25.67 | 30.85 | 68.29 | 70.27 | 76.30 | 115.78 | 57.76 | 155.86 | 92.44 | 99.38 | 101.69 | 98.97 |
| ROCE % | 19.40% | 20.03% | 13.49% | 10.93% | 13.52% | 16.12% | -10.58% | 4.99% | 9.49% | 16.89% | 20.33% | 20.34% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Nov - Newspaper Cuttings of the Unaudited Financial Results for the quarter and half year ended September 30, 2025 is enclosed herewith.
-
Unaudited Standalone Financial Results Of The Company For The Quarter And Half Year Ended September 30 2025.
14 Nov - Unaudited Q2/H1 results ended 30 Sep 2025; H1 net profit Rs84.08 lakh; limited review.
-
Board Meeting Outcome for Unaudited Standalone Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2025.
14 Nov - Unaudited Q2/H1 results approved: H1 revenue Rs2,480.01 lakh; H1 PAT Rs84.08 lakh; limited review.
-
Board Meeting Intimation for Approval And Taking On Record, The Unaudited Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2025.
7 Nov - Board meeting Nov 14, 2025 to approve unaudited Q2 and H1 financial results for period ended Sep 30, 2025.
-
Announcement under Regulation 30 (LODR)-Credit Rating
11 Oct - India Ratings affirmed Relicab’s INR130 million bank facilities at IND BB/Stable and IND A4+ on Oct 7, 2025.
Product Profile:[1]
a) Copper Conductors[2]
b) Wires[3]
c) PVC Compounds[4]
d) Cables[5]
Products are further sub-categorized as:
Power And Control Cables, Uninyvin Cables, Instrumentation Cables, PVC Insulated Cables, PVC Sheathed Cables, Auto And Battery Cables, Submersible & Dewatering Cables, Flat Elevator Cable (Lift Cable), Screen Cables, Mains Cords and Connectors, Telecommunication Cables, Tailor Made Cables (Specialty Cables), Wire Harnesses, All Types Of PVC Compounds (Insulation, Sheathing, Inner sheath, HR, FR, FRLS & Master batches)