Cords Cable Industries Limited

Cords Cable Industries Limited (CORDSCABLE) is a micro-cap Capital Goods company valued at ₹399 crore operating in Cables - Electricals on the NSE and BSE.

Recent price move

Cords Cable Industries Limited last traded at ₹308.7, modestly up 0.50% on the day.

Recent developments

On 2026-09-21, the company announced a dividend of ₹1.20 per share, ex-date, signaling a commitment to returning value to shareholders. The latest quarter results show a significant jump in net profit, reflecting improved performance in the last three months.

Financial performance

The company's business is improving, with annual revenue rising 20.0% and net profit growing 37.6% year-over-year. The latest quarter saw revenue increase 9.5% compared to the same quarter a year earlier, while net profit surged 101.6%, indicating strong growth in the most recent period.

Valuation multiples

The stock trades at 19.4 times earnings, 2.32 times book value. It yields 0.3%.

Things to watch

The stock is 21.6% below its 52-week high, indicating a pullback from recent peak levels. The company's net profit margin, while up, remains at 2.2%, which is relatively low compared to industry standards. Promoter holding is at 52.45%, which is a stable level but not indicative of active selling.

Where it stands

The company has shown strong growth in both revenue and net profit over the past year and quarter, with a notable increase in net profit in the latest quarter. The most significant movement is the 101.6% rise in net profit, which highlights improved operational performance. The stock is currently trading below its 52-week high, but the company's financials show positive momentum.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.