Prime Cable Industries Limited
Established in 1997, Prime Cable Industries Limited is an Indian cable manufacturing company known for producing a wide range of wires and cables, including LT PVC/XLPE Power, Control, and AB Cables.[1]
- Market Cap ₹ 322 Cr.
- Current Price ₹ 176
- High / Low ₹ 222 / 70.4
- Stock P/E 18.3
- Book Value ₹ 38.3
- Dividend Yield 0.00 %
- ROCE 28.0 %
- ROE 37.8 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 121% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 42.8%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 87.3 to 110 days.
* 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 Industrial Products Cables - Electricals
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 25 | 54 | 74 | 82 | 141 | 235 | 341 | |
| Sales growth | +115% | +37% | +12% | +71% | +67% | +94% | |
| 23 | 52 | 71 | 78 | 126 | 211 | 310 | |
| Operating Profit | 1 | 2 | 3 | 5 | 15 | 24 | 30 |
| OPM % | 6% | 3.6% | 4.0% | 6% | 10% | 10% | 9% |
| 0 | 0 | -0 | 0 | 0 | -1 | -1 | |
| Interest | 1 | 1 | 2 | 3 | 4 | 5 | 5 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 2 |
| Profit before tax | 0 | 1 | 1 | 2 | 10 | 16 | 22 |
| Tax % | 29% | 6% | 78% | -10% | 27% | 26% | |
| 0 | 0 | 0 | 2 | 7 | 12 | 16 | |
| EPS in Rs | 0.20 | 0.36 | 0.09 | 1.36 | 5.35 | 6.68 | 8.86 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 57% |
| 3 Years: | 47% |
| TTM: | 94% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 121% |
| 3 Years: | 356% |
| TTM: | 70% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 84% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 43% |
| Last Year: | 38% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.62 | 0.62 | 0.62 | 0.62 | 7 | 9 | 9 |
| Reserves | 4 | 5 | 5 | 6 | 8 | 52 | 61 |
| 10 | 16 | 23 | 33 | 38 | 52 | 76 | |
| 4 | 10 | 11 | 9 | 39 | 53 | 53 | |
| Total Liabilities | 20 | 31 | 39 | 48 | 92 | 165 | 198 |
| 6 | 7 | 8 | 12 | 21 | 38 | 42 | |
| CWIP | 0 | 0 | 1 | 5 | 0 | 1 | 8 |
| Investments | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| 13 | 24 | 29 | 31 | 71 | 126 | 149 | |
| Total Assets | 20 | 31 | 39 | 48 | 92 | 165 | 198 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 2 | -4 | -1 | 1 | 3 | -13 | |
| -3 | -1 | -3 | -8 | -6 | -20 | |
| 1 | 5 | 4 | 7 | 2 | 43 | |
| Net Cash Flow | 0 | -0 | 0 | 0 | 0 | 10 |
| Free Cash Flow | -1 | -5 | -4 | -7 | -2 | -32 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 127% | -210% | -30% | 27% | 18% | -39% |
Ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 61 | 85 | 70 | 52 | 100 | 110 |
| Inventory Days | 141 | 83 | 77 | 88 | 86 | 72 |
| Days Payable | 53 | 60 | 50 | 35 | 101 | 71 |
| Cash Conversion Cycle | 149 | 107 | 97 | 106 | 85 | 111 |
| Working Capital Days | 33 | 21 | 10 | 9 | 17 | 32 |
| ROCE % | 9% | 11% | 13% | 30% | 28% |
Insights
In beta| Mar 2022 | Mar 2024 | Sep 2025 | Sep 2026 | |
|---|---|---|---|---|
| Aerial Bunch Cables Revenue Share % |
|
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| Capacity Utilization (Cables) % |
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| Control Cables Revenue Share % |
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| Government Clients Revenue Share % |
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| Installed Capacity (Cables & Wires) km |
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| Power Cables Revenue Share % |
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| Order Book (Unexecuted) INR Crores |
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| States with Vendor Approvals count |
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Extracted by Screener AI
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
- Prime Cable to attend one-on-one investor meet with Nuvama Asset Management on 13 November 2026.
-
Analysts/Institutional Investor Meet/Con. Call Updates
- Submitted H1 FY2027 earnings call transcript; revenue rose 117% to INR196 crore, PAT 73% to INR9.5 crore.
-
Analysts/Institutional Investor Meet/Con. Call Updates
- Audio recording of earnings conference call held on 5 November 2026 shared on company website.
-
Analysts/Institutional Investor Meet/Con. Call Updates
- Prime Cable Industries Limited has informed about Presentation
-
Analysts/Institutional Investor Meet/Con. Call Updates
- Prime Cable issued H1 FY27 investor presentation, reporting ₹196.4 crore revenue, 73% PAT growth, and new Ghiloth MV facility commercialization.
Concalls
-
Nov 2026Transcript PPT REC
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Nov 2026PPT
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May 2026Transcript PPT
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Mar 2026PPT
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Nov 2025Transcript PPT
Product Portfolio:[1][2]
a) Control Cables
(PVC & XLPE, FR/FRLS/ZHFR
variants)
b) Power Cables (Copper/
Aluminium,
LT XLPE & PVC, up to 1.1 KV)
c) Aerial Bunch Cables (AB)
d) Instrumentation Cables
e) Housing/Building Wires
& Conductors