On 6 Nov 2026, Relicab Cable Manufacturing was priced at ₹34.28, or 19.6× trailing earnings, against an industry P/E of 30.0×, and the shares are 42% below their 52-week high. Its ROCE of 14% is the lowest among the 7 largest Electrical Equipment & Parts peers, and sales and net profit grew 23% and 9.5% a year over 3 years. Debt is 0.96× equity. It is a small-cap company with a market cap of ₹35 Cr, ranked 89th of 97 Electrical Equipment & Parts companies by market cap; the shares fell 37% over the past year.
- ₹36.79
- ₹36.79
- ₹33.52
- ₹34.70
- 21.1K
Health check
- ReturnsBehind
−37.1% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 19.6 vs industry 30.0.
- GrowthSteady
Sales +23.2%, profit +9.5% a year over 3 years.
- ProfitabilityWeak
ROCE 14.1% vs peer median 22.1%.
- Balance sheetFair
Debt 0.96× equity, interest covered 2.0×, Piotroski 5 of 9.
- Red flags3 to check
Quarterly profit down 22.9% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹35 Cr
- Small cap
- P/E
- 19.6
- Industry 30.0
- Price to book
- 2.33
- Peers 7.24
- Dividend yield
- 0.00%
- ROE
- 13.1%
- Peers 18.0%
- ROCE
- 14.1%
- Peers 22.1%
- Debt to equity
- 0.96
- Debt ₹15 Cr
- EPS (TTM)
- ₹1.75
- OPM (TTM)
- 6.4%
- Net margin 2.5%
- Sales growth
- +59.9%
- Latest quarter vs a year ago
- Profit growth
- −22.9%
- Latest quarter vs a year ago
- Price to sales
- 0.49
- EV/EBITDA 10.1
Strengths and risks
Strengths
- Quarterly sales up 59.9% on a year ago.
- P/E of 19.6 against an industry P/E of 30.0.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Quarterly profit down 22.9% on a year ago.
- 42% below its 52-week high.
- Interest coverage of only 2.1×.
About Relicab Cable Manufacturing
Relicab Cable Manufacturing Limited manufactures, markets, and supplies PVC compounds, and wires and cables under the Relicab brand in India. The company offers wires and cables, including armored power, single and multi-core flexible, control, instrumentation, uninyvin, shielded, elevator flat, and flat submersible cables. It also provides copper conductors; and PVC compounds comprising insulation, sheathing, inner sheath, HR, FR, FRLS, and master…
- Headquarters
- Daman
- Employees
- 47
- Sector
- Industrials
- ISIN
- INE773T01014
- Website
- relicab.com
Price range
- Avg volume (3M)
- 9.4K
- 1-year return
- minus 37.1%
- From 52-week high
- minus 41.8%
Peers · Electrical Equipment & Parts
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| POWERINDIAHitachi Energy India | 27,800.00 | minus 1.42% | 1,23,911 | 107.7 | 95.3 | 24.9% | 16.1% | 0.02 | 22.2% | plus 37.9% |
| CGPOWERCG Power and Industrial Solutions | 773.00 | minus 4.43% | 1,21,785 | 88.6 | 72.5 | 19.3% | 13.1% | 0.02 | 21.2% | plus 8.2% |
| POLYCABPolycab India | 7,871.00 | plus 0.28% | 1,18,613 | 37.5 | 29.0 | 30.4% | 13.6% | 0.02 | 26.6% | plus 3.8% |
| HAVELLSHavells India | 1,128.00 | plus 5.61% | 70,789 | 42.6 | 30.0 | 22.1% | 9.1% | 0.02 | 9.9% | minus 28.1% |
| APARINDSApar Industries | 14,106.00 | minus 9.65% | 59,065 | 41.6 | 30.7 | 26.7% | 9.5% | 0.12 | 17.0% | plus 87.2% |
| KEIKEI Industries | 3,988.00 | minus 1.80% | 38,143 | 36.1 | 29.9 | 18.7% | 11.0% | 0.04 | 19.1% | plus 1.8% |
| HONAUTHoneywell Automation India | 30,080.00 | minus 0.79% | 26,613 | 47.0 | 35.7 | 15.7% | 13.8% | 0.02 | 10.9% | minus 17.5% |
| RELICABRelicab Cable Manufacturing | 34.28 | minus 1.21% | 35 | 19.6 | 10.6 | 14.1% | 6.4% | 0.96 | 23.2% | minus 37.1% |
| Median of 7 peers | – | −1.42% | 70,789 | 42.6 | 30.7 | 22.1% | 13.1% | 0.02 | 19.1% | 3.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 10.8 | 13.6 | 13.8 | 26 | 17.2 | |
| 9.7 | 12.6 | 13.1 | 24.6 | 15.9 | |
| 1.1 | 1.1 | 0.8 | 1.4 | 1.3 | |
| 9.9% | 7.8% | 5.7% | 5.2% | 7.7% | |
| 0.2 | 0.2 | 0.2 | 0.4 | 0.2 | |
| 0.5 | 0.8 | 0.7 | 0.7 | 0.8 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | |
| 0.7 | 0.4 | 0.2 | 0.9 | 0.6 | |
| 20.7% | 23.2% | −77.5% | 18.2% | 25.1% | |
| 0.5 | 0.3 | 0.3 | 0.8 | 0.4 | |
| 0.53 | 0.30 | 0.31 | 0.72 | 0.42 |
Profit & loss
- Sales CAGR 3Y
- +23.2%
- Profit CAGR 3Y
- +9.5%
- EPS CAGR 3Y
- +9.2%
- ROE
- 13.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 34.4 | 37.8 | 39.8 | 64.2 | |
| – | +10.1% | +5.3% | +61.2% | |
| 31.2 | 33.7 | 35.6 | 59.9 | |
| 3.2 | 4.2 | 4.2 | 4.3 | |
| 9.3% | 11.0% | 10.6% | 6.8% | |
| 0.1 | −0.5 | −0.3 | 0.3 | |
| 1.7 | 1.6 | 1.4 | 2.1 | |
| 0.1 | 0.2 | 0.2 | 0.4 | |
| −0 | −0 | 0 | 0 | |
| 1.4 | 1.8 | 2.4 | 2.2 | |
| −0.2% | 11.9% | 27.7% | 12.3% | |
| 1.4 | 1.5 | 1.7 | 1.9 | |
| – | +6.7% | +10.9% | +11.2% | |
| 1.43 | 1.45 | 1.70 | 1.86 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.1 | 10.1 | 10.1 | 10.1 | |
| 0.8 | 1.8 | 3.5 | 5.3 | |
| 10.6 | 10.9 | 10.5 | 14.8 | |
| 13.6 | 11.2 | 12.7 | 21 | |
| 35.1 | 34 | 36.8 | 51.2 | |
| 0.9 | 1.3 | 1.4 | 3.9 | |
| 0.3 | 0.3 | – | 0.6 | |
| 0 | 2.5 | 4.2 | 4.8 | |
| 0.6 | 0.2 | 3.1 | 3.5 | |
| 33.4 | 29.6 | 28.1 | 38.5 | |
| 35.1 | 34 | 36.8 | 51.2 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.7 | 2.2 | 2.9 | 0.3 | |
| 0 | −0.3 | −0.1 | −2.1 | |
| −3.5 | −2.4 | −2.8 | 2.2 | |
| 0.3 | −0.6 | −0 | 0.4 | |
| −0.1 | −0.6 | −0.3 | −2.3 | |
| 3.6 | 1.6 | 2.6 | −2 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.