Announcement • Jul 24
Cords Cable Industries Limited to Report Q1, 2027 Results on Aug 13, 2026 Cords Cable Industries Limited announced that they will report Q1, 2027 results on Aug 13, 2026 New Risk • Jun 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risk Market cap is less than US$100m (₹2.69b market cap, or US$28.6m). Reported Earnings • May 29
Full year 2026 earnings released: EPS: ₹15.88 (vs ₹11.35 in FY 2025) Full year 2026 results: EPS: ₹15.88 (up from ₹11.35 in FY 2025). Revenue: ₹9.59b (up 21% from FY 2025). Net income: ₹206.4m (up 41% from FY 2025). Profit margin: 2.2% (up from 1.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 37% per year. Announcement • May 28
Cords Cable Industries Limited Recommends Final Dividend for the F.Y 2025-26 Cords Cable Industries Limited recommended the final dividend of INR 1.20/- i.e. @12 % per equity share of face value of INR 10/· each fully paid up, for the F.Y 2025-26 subject To Approve the members at the ensuing Annual General Meeting (AGM) of the company. New Risk • May 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 10.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (10.0% average weekly change). Market cap is less than US$100m (₹3.05b market cap, or US$32.0m). Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹236, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 27x in the Electrical industry in India. Total returns to shareholders of 161% over the past three years. Announcement • May 20
Cords Cable Industries Limited to Report Q4, 2026 Results on May 28, 2026 Cords Cable Industries Limited announced that they will report Q4, 2026 results on May 28, 2026 Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹211, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 31x in the Electrical industry in India. Total returns to shareholders of 183% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹151, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 24x in the Electrical industry in India. Total returns to shareholders of 128% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹3.78 (vs ₹3.61 in 3Q 2025) Third quarter 2026 results: EPS: ₹3.78 (up from ₹3.61 in 3Q 2025). Revenue: ₹2.37b (up 15% from 3Q 2025). Net income: ₹49.2m (up 5.1% from 3Q 2025). Profit margin: 2.1% (down from 2.3% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 35% per year. Announcement • Jan 19
Cords Cable Industries Limited to Report Q3, 2026 Results on Feb 13, 2026 Cords Cable Industries Limited announced that they will report Q3, 2026 results at 9:08 AM, Indian Standard Time on Feb 13, 2026 Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: ₹2.74 (vs ₹2.02 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.74 (up from ₹2.02 in 2Q 2025). Revenue: ₹2.26b (up 24% from 2Q 2025). Net income: ₹35.8m (up 36% from 2Q 2025). Profit margin: 1.6% (up from 1.4% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 27
Cords Cable Industries Limited to Report Q2, 2026 Results on Nov 12, 2025 Cords Cable Industries Limited announced that they will report Q2, 2026 results on Nov 12, 2025 Announcement • Sep 30
Cords Cable Industries Limited Appoints Praveen Verma as Non Executive Independent Director Cords Cable Industries Limited announced at annual general meeting held on September 29, 2025, the shareholders approved the appointment of Mr. Praveen Verma as non executive independent director. Upcoming Dividend • Sep 15
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 22 September 2025. Payment date: 28 October 2025. Payout ratio is a comfortable 8.8% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.4%). Declared Dividend • Aug 02
Dividend of ₹1.00 announced Dividend of ₹1.00 is the same as last year. Ex-date: 22nd September 2025 Payment date: 28th October 2025 Dividend yield will be 0.5%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 01
Cords Cable Industries Limited announces Annual dividend, payable on October 28, 2025 Cords Cable Industries Limited announced Annual dividend of INR 1.0000 per share payable on October 28, 2025, ex-date on September 22, 2025 and record date on September 22, 2025. Reported Earnings • Aug 01
First quarter 2026 earnings released: EPS: ₹2.97 (vs ₹2.22 in 1Q 2025) First quarter 2026 results: EPS: ₹2.97 (up from ₹2.22 in 1Q 2025). Revenue: ₹2.26b (up 31% from 1Q 2025). Net income: ₹38.7m (up 34% from 1Q 2025). Profit margin: 1.7% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 01
Cords Cable Industries Limited, Annual General Meeting, Sep 29, 2025 Cords Cable Industries Limited, Annual General Meeting, Sep 29, 2025, at 12:00 Indian Standard Time. Location: iskon, hare krishna hills, sant nagar main road, east of kailash, new delhi - 110065., India Announcement • Jul 23
Cords Cable Industries Limited to Report Q1, 2026 Results on Jul 31, 2025 Cords Cable Industries Limited announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹11.15 (vs ₹7.79 in FY 2024) Full year 2025 results: EPS: ₹11.15 (up from ₹7.79 in FY 2024). Revenue: ₹7.98b (up 27% from FY 2024). Net income: ₹146.7m (up 46% from FY 2024). Profit margin: 1.8% (up from 1.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹202, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 38x in the Electrical industry in India. Total returns to shareholders of 275% over the past three years. Buy Or Sell Opportunity • May 01
Now 20% undervalued Over the last 90 days, the stock has risen 1.8% to ₹167. The fair value is estimated to be ₹210, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 25%. Buy Or Sell Opportunity • Apr 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.2% to ₹169. The fair value is estimated to be ₹212, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 25%. Buy Or Sell Opportunity • Mar 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to ₹161. The fair value is estimated to be ₹205, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 25%. Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹3.61 (vs ₹2.27 in 3Q 2024) Third quarter 2025 results: EPS: ₹3.61 (up from ₹2.27 in 3Q 2024). Revenue: ₹2.06b (up 23% from 3Q 2024). Net income: ₹46.8m (up 59% from 3Q 2024). Profit margin: 2.3% (up from 1.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹197, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 43x in the Electrical industry in India. Total returns to shareholders of 246% over the past three years. New Risk • Dec 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹3.10b market cap, or US$36.6m). Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹241, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 53x in the Electrical industry in India. Total returns to shareholders of 344% over the past three years. Reported Earnings • Nov 12
Second quarter 2025 earnings released: EPS: ₹2.02 (vs ₹1.57 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.02 (up from ₹1.57 in 2Q 2024). Revenue: ₹1.84b (up 26% from 2Q 2024). Net income: ₹26.3m (up 29% from 2Q 2024). Profit margin: 1.4% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 06
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 22 October 2024. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.0%). Higher than average of industry peers (0.3%). Buy Or Sell Opportunity • Aug 27
Now 21% undervalued Over the last 90 days, the stock has risen 7.1% to ₹224. The fair value is estimated to be ₹283, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 18%. Buy Or Sell Opportunity • Aug 06
Now 23% undervalued Over the last 90 days, the stock has risen 20% to ₹216. The fair value is estimated to be ₹280, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 18%. Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: ₹2.22 (vs ₹1.41 in 1Q 2024) First quarter 2025 results: EPS: ₹2.22 (up from ₹1.41 in 1Q 2024). Revenue: ₹1.75b (up 29% from 1Q 2024). Net income: ₹28.8m (up 55% from 1Q 2024). Profit margin: 1.6% (up from 1.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 30
Cords Cable Industries Limited, Annual General Meeting, Sep 23, 2024 Cords Cable Industries Limited, Annual General Meeting, Sep 23, 2024, at 15:00 Indian Standard Time. Announcement • Jul 12
Cords Cable Industries Limited to Report Q1, 2025 Results on Jul 30, 2024 Cords Cable Industries Limited announced that they will report Q1, 2025 results on Jul 30, 2024 Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹244, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 42x in the Electrical industry in India. Total returns to shareholders of 338% over the past three years. Recent Insider Transactions • Jun 04
Chairman & MD recently bought ₹410k worth of stock On the 30th of May, Naveen Sawhney bought around 2k shares on-market at roughly ₹205 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₹1.7m. This was Naveen's only on-market trade for the last 12 months. Announcement • May 25
Cords Cable Industries Limited Recommends Final Dividend for the Year 2023-24 The Board of Directors of Cords Cable Industries Limited at their meeting held on May 24, 2024. Recommendation of final dividend (F.Y 2023-24) on the equity shares of the company @ 10% i.e., INR 1 /- per equity share. The dividend on equity Share, if declared at the ensuing Annual General Meeting (AGM) of the Company, shall be paid within 30 days from the conclusion of the ensuing Annual General Meeting (AGM), the date of AGM, Record Date /Book Closure for the purpose will be intimated in due course. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹217, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 45x in the Electrical industry in India. Total returns to shareholders of 372% over the past three years. Buy Or Sell Opportunity • Apr 15
Now 22% undervalued Over the last 90 days, the stock has risen 50% to ₹171. The fair value is estimated to be ₹220, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 11%. Recent Insider Transactions • Mar 29
Vice President of Marketing recently bought ₹1.7m worth of stock On the 22nd of March, Varun Sawhney bought around 10k shares on-market at roughly ₹170 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Buy Or Sell Opportunity • Mar 22
Now 23% undervalued Over the last 90 days, the stock has risen 46% to ₹164. The fair value is estimated to be ₹212, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 11%. Buy Or Sell Opportunity • Feb 26
Now 22% undervalued Over the last 90 days, the stock has risen 62% to ₹182. The fair value is estimated to be ₹232, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 11%. Reported Earnings • Feb 02
Third quarter 2024 earnings released Third quarter 2024 results: EPS: ₹2.27. Revenue: ₹1.68b (up 30% from 3Q 2023). Net income: ₹29.5m (up 80% from 3Q 2023). Profit margin: 1.8% (up from 1.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jan 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.5% per year over the past 5 years. Earnings have declined by 3.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (₹1.83b market cap, or US$22.1m). Market cap is less than US$100m (₹1.83b market cap, or US$22.1m). Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹142, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 40x in the Electrical industry in India. Total returns to shareholders of 217% over the past three years. New Risk • Nov 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (₹1.47b market cap, or US$17.6m). Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: ₹1.57 (vs ₹1.33 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.57 (up from ₹1.33 in 2Q 2023). Revenue: ₹1.48b (up 12% from 2Q 2023). Net income: ₹20.4m (up 18% from 2Q 2023). Profit margin: 1.4% (up from 1.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹117, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 38x in the Electrical industry in India. Total returns to shareholders of 164% over the past three years. New Risk • Jul 31
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 3.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (₹1.19b market cap, or US$14.5m). Reported Earnings • Jul 29
First quarter 2024 earnings released: EPS: ₹1.41 (vs ₹1.34 in 1Q 2023) First quarter 2024 results: EPS: ₹1.41 (up from ₹1.34 in 1Q 2023). Revenue: ₹1.36b (up 10% from 1Q 2023). Net income: ₹18.5m (up 6.7% from 1Q 2023). Profit margin: 1.4% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Announcement • Jul 18
Cords Cable Industries Limited to Report Q1, 2024 Results on Jul 28, 2023 Cords Cable Industries Limited announced that they will report Q1, 2024 results on Jul 28, 2023 Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹89.08, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 27x in the Electrical industry in India. Total returns to shareholders of 134% over the past three years. Reported Earnings • May 20
Full year 2023 earnings released: EPS: ₹5.52 (vs ₹4.92 in FY 2022) Full year 2023 results: EPS: ₹5.52 (up from ₹4.92 in FY 2022). Revenue: ₹5.28b (up 21% from FY 2022). Net income: ₹72.2m (up 13% from FY 2022). Profit margin: 1.4% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹93.61, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 24x in the Electrical industry in India. Total returns to shareholders of 237% over the past three years. Announcement • May 13
Cords Cable Industries Limited to Report Q4, 2023 Results on May 20, 2023 Cords Cable Industries Limited announced that they will report Q4, 2023 results on May 20, 2023 Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹78.06, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 22x in the Electrical industry in India. Total returns to shareholders of 132% over the past three years. Reported Earnings • Jan 23
Third quarter 2023 earnings released: EPS: ₹1.27 (vs ₹1.20 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.27 (up from ₹1.20 in 3Q 2022). Revenue: ₹1.30b (up 17% from 3Q 2022). Net income: ₹16.4m (up 7.0% from 3Q 2022). Profit margin: 1.3% (down from 1.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Jan 13
Cords Cable Industries Limited to Report Q3, 2023 Results on Jan 21, 2023 Cords Cable Industries Limited announced that they will report Q3, 2023 results on Jan 21, 2023 Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 30% share price gain to ₹83.25, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 24x in the Electrical industry in India. Total returns to shareholders of 81% over the past three years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹56.20, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 22x in the Electrical industry in India. Total returns to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 17% share price gain to ₹71.90, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 23x in the Electrical industry in India. Total returns to shareholders of 69% over the past three years. Reported Earnings • Oct 21
Second quarter 2023 earnings released: EPS: ₹1.33 (vs ₹1.19 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.33 (up from ₹1.19 in 2Q 2022). Revenue: ₹1.32b (up 25% from 2Q 2022). Net income: ₹17.2m (up 13% from 2Q 2022). Profit margin: 1.3% (down from 1.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Oct 07
Cords Cable Industries Limited to Report Q2, 2023 Results on Oct 20, 2022 Cords Cable Industries Limited announced that they will report Q2, 2023 results on Oct 20, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: ₹1.34 (vs ₹1.13 in 1Q 2022) First quarter 2023 results: EPS: ₹1.34 (up from ₹1.13 in 1Q 2022). Revenue: ₹1.24b (up 40% from 1Q 2022). Net income: ₹17.4m (up 20% from 1Q 2022). Profit margin: 1.4% (down from 1.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Aug 11
Cords Cable Industries Limited, Annual General Meeting, Sep 23, 2022 Cords Cable Industries Limited, Annual General Meeting, Sep 23, 2022, at 15:00 Indian Standard Time. Announcement • Aug 03
Cords Cable Industries Limited to Report Q1, 2023 Results on Aug 10, 2022 Cords Cable Industries Limited announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹4.91 (vs ₹3.37 in FY 2021) Full year 2022 results: EPS: ₹4.91 (up from ₹3.37 in FY 2021). Revenue: ₹4.38b (up 35% from FY 2021). Net income: ₹63.7m (up 46% from FY 2021). Profit margin: 1.5% (up from 1.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Buying Opportunity • May 12
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 18%. The fair value is estimated to be ₹66.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Earnings per share has declined by 10%. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improved over the past week After last week's 20% share price gain to ₹61.60, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 19x in the Electrical industry in India. Total loss to shareholders of 4.6% over the past three years. Buying Opportunity • Mar 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be ₹62.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.4% per annum over the last 3 years. Earnings per share has declined by 10% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹46.75, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 18x in the Electrical industry in India. Total loss to shareholders of 18% over the past three years. Buying Opportunity • Feb 21
Now 20% undervalued Over the last 90 days, the stock is up 4.8%. The fair value is estimated to be ₹65.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.4% per annum over the last 3 years. Earnings per share has declined by 10% per annum over the last 3 years. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.20 (up from ₹0.99 in 3Q 2021). Revenue: ₹1.11b (up 23% from 3Q 2021). Net income: ₹15.4m (up 17% from 3Q 2021). Profit margin: 1.4% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improved over the past week After last week's 16% share price gain to ₹64.05, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 23x in the Electrical industry in India. Total returns to shareholders of 1.2% over the past three years. Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹48.95, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 25x in the Electrical industry in India. Total loss to shareholders of 33% over the past three years. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹1.13 (vs ₹0.07 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹886.7m (up 81% from 1Q 2021). Net income: ₹14.5m (up ₹13.3m from 1Q 2021). Profit margin: 1.6% (up from 0.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jul 06
Full year 2021 earnings released: EPS ₹3.42 (vs ₹8.25 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹3.25b (down 23% from FY 2020). Net income: ₹43.6m (down 59% from FY 2020). Profit margin: 1.3% (down from 2.5% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year. Executive Departure • Jun 25
Additional Independent Director Anju Khera has left the company On the 17th of June, Anju Khera's tenure as Additional Independent Director ended after less than a year in the role. We don't have any record of a personal shareholding under Anju's name. A total of 6 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 18% share price gain to ₹63.60, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 26x in the Electrical industry in India. Total loss to shareholders of 8.0% over the past three years. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 16% share price gain to ₹57.30, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 23x in the Electrical industry in India. Total loss to shareholders of 22% over the past three years. Executive Departure • Apr 27
Additional Independent Director has left the company On the 25th of April, Om Bhandari's tenure as Additional Independent Director ended after less than a year in the role. We don't have any record of a personal shareholding under Om's name. A total of 5 executives have left over the last 12 months. Executive Departure • Apr 27
Non-Executive Independent Director has left the company On the 22nd of April, Vimal Monga's tenure as Non-Executive Independent Director ended after 6.0 years in the role. We don't have any record of a personal shareholding under Vimal's name. A total of 5 executives have left over the last 12 months. Executive Departure • Apr 27
Chief Financial Officer has left the company On the 24th of April, Manoj Gupta's tenure as Chief Financial Officer ended after 6.1 years in the role. We don't have any record of a personal shareholding under Manoj's name. A total of 3 executives have left over the last 12 months. Executive Departure • Apr 09
Non-Executive Independent Director has left the company On the 31st of March, Asha Bhandari's tenure as Non-Executive Independent Director ended after 6.0 years in the role. We don't have any record of a personal shareholding under Asha's name. A total of 2 executives have left over the last 12 months. Is New 90 Day High Low • Mar 01
New 90-day low: ₹41.60 The company is down 4.0% from its price of ₹43.25 on 01 December 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 35% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS ₹0.99 (vs ₹1.62 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹900.8m (down 20% from 3Q 2020). Net income: ₹13.1m (down 38% from 3Q 2020). Profit margin: 1.5% (down from 1.9% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Feb 03
Cords Cable Industries Limited to Report Q3, 2021 Results on Feb 12, 2021 Cords Cable Industries Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Jan 04
New 90-day high: ₹49.10 The company is up 21% from its price of ₹40.70 on 06 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 33% over the same period. 
