The cable and electronics components industry in India has been witnessing steady growth over the past few years. Companies in this sector play a crucial role in providing essential infrastructure for power transmission, telecommunications, and electronic devices manufacturing. In this article, we will delve into the financial performance and key metrics of some prominent companies in this sector, shedding light on their market position, growth prospects, and financial health.
Polycab India Ltd. (POLYCAB)
Polycab India Ltd. is one of the leading players in the cable industry with a substantial market capitalization of Rs. 92,459.66 crores as of March 2024. The company has managed to maintain a healthy enterprise value of Rs. 92,147.07 crores, indicating strong operational performance. Polycab’s debt-to-equity ratio stands at a mere 0.02, reflecting prudent financial management. With a return on equity (ROE) of 21.18%, the company efficiently utilizes shareholder funds to generate profits. Moreover, its price-earning ratio (PE) of 51.83 suggests that investors are willing to pay a premium for its growth prospects.
KEI Industries Ltd. (KEI)
KEI Industries Ltd., another significant player in the cable segment, boasts a market capitalization of Rs. 35,412.09 crores. While its enterprise value is slightly lower at Rs. 34,845.95 crores, KEI maintains a healthy debt-to-equity ratio of 0.05, indicating a balanced capital structure. The company’s ROE of 20.27% signifies efficient utilization of equity capital. However, its price-earning ratio (PE) of 60.98 indicates a relatively higher valuation compared to its peers.
RR Kabel Ltd. (RRKABEL)
RR Kabel Ltd. is a prominent player in the cable industry with a market capitalization of Rs. 19,160.01 crores. The company’s enterprise value of Rs. 19,400.10 crores and debt-to-equity ratio of 0.36 suggest a moderate level of financial leverage. RR Kabel’s ROE of 20.67% reflects its ability to generate profits from shareholders’ investments. However, its price-earning ratio (PE) of 100.91 indicates a relatively higher valuation, possibly due to market expectations of future growth.
Kaynes Technology India Ltd. (KAYNES)
Kaynes Technology India Ltd. operates in the electronics components segment with a market capitalization of Rs. 16,133.88 crores. The company’s enterprise value of Rs. 15,938.87 crores and debt-to-equity ratio of 0.14 reflect a conservative capital structure. Kaynes Technology’s ROE of 16.4% indicates efficient utilization of shareholder funds. Additionally, its price-earning ratio (PE) of 112.48 suggests favorable investor sentiment towards the company’s growth prospects.
Finolex Cables Ltd. (FINCABLES)
Finolex Cables Ltd. is a key player in the cable industry, with a market capitalization of Rs. 15,712.22 crores. The company has maintained a debt-free status, as indicated by its negligible total debt. With an enterprise value of Rs. 15,630.07 crores, Finolex Cables showcases strong operational efficiency. However, its debt-to-equity ratio of 0 indicates a conservative approach to financing. The company’s ROE of 12.16% suggests effective utilization of equity capital, while its relatively low price-earning ratio (PE) of 24.53 indicates a reasonable valuation.
Syrma SGS Technology Ltd. (SYRMA)
Syrma SGS Technology Ltd. operates in the electronics components segment and boasts a market capitalization of Rs. 8,375.80 crores. The company’s enterprise value of Rs. 8,866.54 crores and debt-to-equity ratio of 0.23 signify a moderate level of financial leverage. Syrma SGS Technology’s ROE of 11.71% reflects its ability to generate profits from shareholders’ investments. However, the company’s PEG ratio is not provided, making it challenging to assess its growth potential accurately.
Sterlite Technologies Ltd. (STLTECH)
Sterlite Technologies Ltd. is a significant player in the cable industry, with a market capitalization of Rs. 5,924.01 crores. The company’s enterprise value of Rs. 8,746.01 crores and debt-to-equity ratio of 1.77 indicate a relatively high level of financial leverage. Sterlite Technologies’ ROE of 11.56% suggests efficient utilization of equity capital. However, the absence of a price-earning ratio (PE) and PEG ratio makes it difficult to evaluate its valuation and growth prospects accurately.
Diamond Power Infrastructure Ltd.
Diamond Power Infrastructure Ltd. operates in the cable industry and has a market capitalization of Rs. 4,429.46 crores. The company’s total debt of Rs. 343.99 crores and enterprise value of Rs. 4,767.34 crores result in a debt-to-equity ratio of -0.38, indicating negative equity. Diamond Power Infrastructure has reported a negative ROE, implying that it has incurred losses, which raises concerns about its financial health and operational efficiency.
Insolation Energy Ltd.
Insolation Energy Ltd. operates in the electronics components segment and has a market capitalization of Rs. 3,776.22 crores. The company’s enterprise value of Rs. 3,817.29 crores and debt-to-equity ratio of 1.31 suggest a moderate level of financial leverage. Insolation Energy’s ROE of 29.2% reflects its ability to generate profits from shareholders’ investments. However, the absence of a price-earning ratio (PE) and PEG ratio limits the assessment of its valuation and growth prospects.
DCX Systems Ltd. (DCXINDIA)
DCX Systems Ltd. operates in the electronics components segment with a market capitalization of Rs. 3,376.68 crores. The company’s enterprise value of Rs. 3,153.54 crores and debt-to-equity ratio of 0.9 suggest a balanced capital structure. DCX Systems’ ROE of 20.95% reflects its efficient utilization of equity capital. With a price-earning ratio (PE) of 40.22, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
Avalon Technologies Ltd. (AVALON)
Avalon Technologies Ltd. is another player in the electronics components segment, with a market capitalization of Rs. 3,336.23 crores. The company’s enterprise value of Rs. 3,418.74 crores and debt-to-equity ratio of 1.41 indicate a moderately leveraged financial position. Avalon Technologies’ ROE of 34.37% signifies efficient profitability from shareholders’ equity. However, its price-earning ratio (PE) of 76.46 suggests a relatively higher valuation, possibly reflecting market expectations of future growth.
Apollo Micro Systems Ltd. (APOLLO)
Apollo Micro Systems Ltd. operates in the electronics components segment and has a market capitalization of Rs. 3,033.48 crores. The company’s enterprise value of Rs. 3,182.41 crores and debt-to-equity ratio of 0.42 indicate a relatively conservative capital structure. Apollo Micro Systems’ ROE of 5.71% suggests moderate profitability from shareholders’ equity. With a price-earning ratio (PE) of 119.46, the company’s valuation appears relatively high, possibly due to market expectations of future growth.
Websol Energy System Ltd. (WEBELSOLAR)
Websol Energy System Ltd. operates in the electronics components segment and has a market capitalization of Rs. 2,662.17 crores. The company’s enterprise value of Rs. 2,689.19 crores and debt-to-equity ratio of 0.14 suggest a conservatively leveraged financial position. Websol Energy System’s ROE of -12.37% indicates losses incurred on shareholders’ equity. With a negative price-earning ratio (PE) and absence of other valuation metrics, it’s challenging to assess the company’s current valuation and growth prospects accurately.
Centum Electronics Ltd. (CENTUM)
Centum Electronics Ltd. operates in the electronics components segment with a market capitalization of Rs. 2,461.95 crores. The company’s enterprise value of Rs. 2,716.80 crores and debt-to-equity ratio of 1.26 indicate a moderately leveraged financial position. Centum Electronics’ ROE of 3.24% suggests moderate profitability from shareholders’ equity. With a price-earning ratio (PE) of 82.25, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
Precision Wires India Ltd. (PRECWIRE)
Precision Wires India Ltd. is a significant player in the cable industry with a market capitalization of Rs. 2,381.49 crores. The company’s enterprise value of Rs. 2,384.26 crores and debt-to-equity ratio of 0.04 indicate a conservative capital structure. Precision Wires’ ROE of 14.6% reflects its efficient utilization of equity capital. However, its price-earning ratio (PE) of 37.32 suggests a relatively high valuation compared to its peers, possibly due to market expectations of future growth.
IKIO Lighting Ltd. (IKIO)
IKIO Lighting Ltd. operates in the electronics components segment and has a market capitalization of Rs. 2,211.39 crores. The company’s enterprise value of Rs. 2,008.61 crores and debt-to-equity ratio of 0.81 suggest a moderately leveraged financial position. IKIO Lighting’s ROE of 39.87% signifies efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 44.19, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
Paramount Communications Ltd. (PARACABLES)
Paramount Communications Ltd. is a prominent player in the cable industry, with a market capitalization of Rs. 2,166.52 crores. The company’s enterprise value of Rs. 2,279.23 crores and debt-to-equity ratio of 0.63 indicate a moderately leveraged financial position. Paramount Communications’ ROE of 21.15% reflects its efficient utilization of equity capital. However, its price-earning ratio (PE) of 31.02 suggests a relatively high valuation compared to its peers.
Universal Cables Ltd. (UNIVCABLES)
Universal Cables Ltd. is a key player in the cable industry with a market capitalization of Rs. 2,022.91 crores. The company’s enterprise value of Rs. 2,777.79 crores and debt-to-equity ratio of 0.44 suggest a moderately leveraged financial position. Universal Cables’ ROE of 8.47% indicates moderate profitability from shareholders’ equity. However, its price-earning ratio (PE) of 20.09 suggests a reasonable valuation, considering its growth prospects and financial performance.
Swelect Energy Systems Ltd. (SWELECTES)
Swelect Energy Systems Ltd. operates in the electronics components segment and has a market capitalization of Rs. 1,929.48 crores. The company’s enterprise value of Rs. 2,538.80 crores and debt-to-equity ratio of 0.7 indicate a moderately leveraged financial position. Swelect Energy Systems’ ROE of 3.82% reflects its moderate profitability from shareholders’ equity. With a price-earning ratio (PE) of 66.17, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
RIR Power Electronics Ltd. (517035)
RIR Power Electronics Ltd. operates in the electronics components segment with a market capitalization of Rs. 1,179.04 crores. The company’s enterprise value of Rs. 1,207.68 crores and debt-to-equity ratio of 0.97 suggest a moderately leveraged financial position. RIR Power Electronics’ ROE of 20.19% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 224.58, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
Dynamic Cables Ltd. (DYCL)
Dynamic Cables Ltd. is a player in the cable industry with a market capitalization of Rs. 955.96 crores. The company’s enterprise value of Rs. 1,035.62 crores and debt-to-equity ratio of 0.46 indicate a moderately leveraged financial position. Dynamic Cables’ ROE of 19.08% suggests efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 28.13, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
Kernex Microsystems (India) Ltd. (KERNEX)
Kernex Microsystems (India) Ltd. operates in the electronics components segment with a market capitalization of Rs. 825.07 crores. The company’s enterprise value of Rs. 824.84 crores and debt-to-equity ratio of 0.13 suggest a conservatively leveraged financial position. Kernex Microsystems’ ROE of -32.07% indicates losses incurred on shareholders’ equity. With a price-earning ratio (PE) of 0, the company’s valuation appears challenging, possibly due to its recent financial performance.
Vinyas Innovative Technologies Ltd. (VINYAS)
Vinyas Innovative Technologies Ltd. operates in the electronics components segment with a market capitalization of Rs. 807 crores. The company’s enterprise value of Rs. 867.51 crores and debt-to-equity ratio of 2.22 indicate a highly leveraged financial position. Vinyas Innovative Technologies’ ROE of 20.99% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 109.89, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
Birla Cable Ltd. (BIRLACABLE)
Birla Cable Ltd. is a significant player in the cable industry with a market capitalization of Rs. 762.6 crores. The company’s enterprise value of Rs. 924.35 crores and debt-to-equity ratio of 0.56 suggest a moderately leveraged financial position. Birla Cable’s ROE of 14.36% indicates efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 34.44, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
ICE Make Refrigeration Ltd. (ICEMAKE)
ICE Make Refrigeration Ltd. operates in the electronics components segment with a market capitalization of Rs. 756.09 crores. The company’s enterprise value of Rs. 778.42 crores and debt-to-equity ratio of 0.04 suggest a conservatively leveraged financial position. ICE Make Refrigeration’s ROE of 29.18% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 36.73, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
Australian Premium Solar (India) Ltd. (APS)
Australian Premium Solar (India) Ltd. is another player in the electronics components segment, with a market capitalization of Rs. 725.05 crores. The company’s enterprise value of Rs. 726.85 crores and debt-to-equity ratio of 0.15 indicate a moderately leveraged financial position. APS’s ROE of 26.05% signifies efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 217.45, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
SPEL Semiconductor Ltd. (517166)
SPEL Semiconductor Ltd. operates in the electronics components segment with a market capitalization of Rs. 641.49 crores. The company’s enterprise value of Rs. 666.65 crores and debt-to-equity ratio of 0.51 suggest a moderately leveraged financial position. SPEL Semiconductor’s ROE of -5.65% indicates losses incurred on shareholders’ equity. With a price-earning ratio (PE) of 0 and absence of other valuation metrics, it’s challenging to assess the company’s current valuation and growth prospects accurately.
Modern Insulators Ltd. (515008)
Modern Insulators Ltd. operates in the electronics components segment with a market capitalization of Rs. 553.47 crores. The company’s enterprise value of Rs. 550.84 crores and debt-to-equity ratio of 0.02 suggest a conservatively leveraged financial position. Modern Insulators’ ROE of 7.46% reflects moderate profitability from shareholders’ equity. With a price-earning ratio (PE) of 17.06, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
BPL Ltd. (BPL)
BPL Ltd. is a significant player in the electronics components segment with a market capitalization of Rs. 490.25 crores. The company’s enterprise value of Rs. 511.78 crores and debt-to-equity ratio of 0.1 indicate a moderately leveraged financial position. BPL’s ROE of 2.52% indicates moderate profitability from shareholders’ equity. With a price-earning ratio (PE) of 32.1, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
V-Marc India Ltd. (VMARCIND)
V-Marc India Ltd. operates in the cable industry with a market capitalization of Rs. 404.56 crores. The company’s enterprise value of Rs. 545.06 crores and debt-to-equity ratio of 0.95 suggest a moderately leveraged financial position. V-Marc India’s ROE of 14.02% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 15.07, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
Plaza Wires Ltd. (PLAZACABLE)
Plaza Wires Ltd. is a player in the cable industry with a market capitalization of Rs. 391.89 crores. The company’s enterprise value of Rs. 438.41 crores and debt-to-equity ratio of 0.75 indicate a moderately leveraged financial position. Plaza Wires’ ROE of 15.23% suggests efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 52.18, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
Hindusthan Urban Infrastructure Ltd. (539984)
Hindusthan Urban Infrastructure Ltd. operates in the electronics components segment with a market capitalization of Rs. 361.98 crores. The company’s enterprise value of Rs. 704.01 crores and debt-to-equity ratio of 0.87 suggest a moderately leveraged financial position. Hindusthan Urban Infrastructure’s ROE of -16.66% indicates losses incurred on shareholders’ equity. With a price-earning ratio (PE) of 0 and absence of other valuation metrics, it’s challenging to assess the company’s current valuation and growth prospects accurately.
Delton Cables Ltd. (504240)
Delton Cables Ltd. is a player in the cable industry with a market capitalization of Rs. 340.72 crores. The company’s enterprise value of Rs. 440.64 crores and debt-to-equity ratio of 1.44 indicate a moderately leveraged financial position. Delton Cables’ ROE of 1.02% suggests modest profitability from shareholders’ equity. With a price-earning ratio (PE) of 84.8, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
CWD Ltd. (543378)
CWD Ltd. operates in the electronics components segment with a market capitalization of Rs. 288.55 crores. The company’s enterprise value of Rs. 297.36 crores and debt-to-equity ratio of 0.22 suggest a conservatively leveraged financial position. CWD Ltd.’s ROE of 18.88% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 16.11, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
Vintron Informatics Ltd. (517393)
Vintron Informatics Ltd. operates in the electronics components segment with a market capitalization of Rs. 265.23 crores. The company’s enterprise value of Rs. 275.93 crores and debt-to-equity ratio of -0.84 suggest a potentially unusual financial position, as a negative debt-to-equity ratio could imply more equity than debt, which is uncommon. Vintron Informatics’ ROE of 0% indicates minimal profitability or potential losses incurred on shareholders’ equity. With a price-earning ratio (PE) of 25.93, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
Cords Cable Industries Ltd. (CORDSCABLE)
Cords Cable Industries Ltd. operates in the cable industry with a market capitalization of Rs. 229.86 crores. The company’s enterprise value of Rs. 280.44 crores and debt-to-equity ratio of 0.52 suggest a moderately leveraged financial position. Cords Cable Industries’ ROE of 4.64% reflects modest profitability from shareholders’ equity. With a price-earning ratio (PE) of 25.66, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
Cosmo Ferrites Ltd. (523100)
Cosmo Ferrites Ltd. operates in the electronics components segment with a market capitalization of Rs. 226.59 crores. The company’s enterprise value of Rs. 291.09 crores and debt-to-equity ratio of 2.27 indicate a moderately leveraged financial position. Cosmo Ferrites’ ROE of 7.78% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 0 and absence of other valuation metrics, it’s challenging to assess the company’s current valuation and growth prospects accurately.
Electro Force (India) Ltd. (EFORCE)
Electro Force (India) Ltd. operates in the electronics components segment with a market capitalization of Rs. 215.28 crores. The company’s enterprise value of Rs. 214.34 crores and debt-to-equity ratio of 0 suggest a conservatively leveraged financial position. Electro Force’s ROE of 55.7% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 26.92, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
Surana Solar Ltd. (SURANASOL)
Surana Solar Ltd. operates in the electronics components segment with a market capitalization of Rs. 182.65 crores. The company’s enterprise value is not available. Surana Solar’s ROE of 4.06% reflects modest profitability from shareholders’ equity. With a price-earning ratio (PE) of 0 and absence of other valuation metrics, it’s challenging to assess the company’s current valuation and growth prospects accurately.
DCG Cables & Wires Ltd. (DCG)
DCG Cables & Wires Ltd. operates in the cable industry with a market capitalization of Rs. 174.42 crores. The company’s enterprise value of Rs. 192 crores and debt-to-equity ratio of 1.18 indicate a moderately leveraged financial position. DCG’s ROE of 17.41% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 101.34, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
Aksh Optifibre Ltd. (AKSHOPTFBR)
Aksh Optifibre Ltd. operates in the cable industry with a market capitalization of Rs. 148.54 crores. The company’s enterprise value of Rs. 280.58 crores and debt-to-equity ratio of 2.11 suggest a moderately leveraged financial position. Aksh Optifibre’s ROE of -15.17% indicates losses incurred on shareholders’ equity. With a price-earning ratio (PE) of 0 and absence of other valuation metrics, it’s challenging to assess the company’s current valuation and growth prospects accurately.
Pulz Electronics Ltd. (PULZ)
Pulz Electronics Ltd. operates in the electronics components segment with a market capitalization of Rs. 130.03 crores. The company’s enterprise value of Rs. 130.13 crores and debt-to-equity ratio of 0.01 suggest a conservatively leveraged financial position. Pulz Electronics’ ROE of 38.33% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 25.11, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
Ultracab (India) Ltd. (538706)
Ultracab (India) Ltd. operates in the cable industry with a market capitalization of Rs. 127.87 crores. The company’s enterprise value of Rs. 166.13 crores and debt-to-equity ratio of 1.1 suggest a moderately leveraged financial position. Ultracab’s ROE of 20.01% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 21.56, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
Edvenswa Enterprises Ltd. (517170)
Edvenswa Enterprises Ltd. operates in the electronics components segment with a market capitalization of Rs. 110.87 crores. The company’s enterprise value is not available. Edvenswa Enterprises’ ROE of 18.88% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 16.11, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
Relicab Cable Manufacturing Ltd. (539760)
Relicab Cable Manufacturing Ltd. operates in the cable industry with a market capitalization of Rs. 102.97 crores. The company’s enterprise value of Rs. 112.75 crores and debt-to-equity ratio of 0.97 suggest a moderately leveraged financial position. Relicab Cable Manufacturing’s ROE of 14.7% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 68.48, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
BCC Fuba India Ltd. (517246)
BCC Fuba India Ltd. operates in the electronics components segment with a market capitalization of Rs. 97.75 crores. The company’s enterprise value of Rs. 104.7 crores and debt-to-equity ratio of 0.44 suggest a conservatively leveraged financial position. BCC Fuba India’s ROE of 15.82% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 26.82, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
Marco Cables & Conductors Ltd. (MARCO)
Marco Cables & Conductors Ltd. operates in the cable industry with a market capitalization of Rs. 88.82 crores. The company’s enterprise value of Rs. 129.06 crores and debt-to-equity ratio of 2.41 indicate a moderately leveraged financial position. Marco Cables & Conductors’ ROE of 22.41% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 31.64, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
Gujarat Poly Electronics Ltd. (517288)
Gujarat Poly Electronics Ltd. operates in the electronics components segment with a market capitalization of Rs. 71.66 crores. The company’s enterprise value of Rs. 79.38 crores and debt-to-equity ratio of 0 suggest a conservatively leveraged financial position. Gujarat Poly Electronics’ ROE of 116.3% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 33.21, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
Containe Technologies Ltd. (543606)
Containe Technologies Ltd. operates in the electronics components segment with a market capitalization of Rs. 61.53 crores. The company’s enterprise value of Rs. 66.45 crores and debt-to-equity ratio of 0.51 suggest a conservatively leveraged financial position. Containe Technologies’ ROE of 5.3% reflects modest profitability from shareholders’ equity. With a price-earning ratio (PE) of 175.97, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
Ultra Wiring Connectivity Systems Ltd. (UWCSL)
Ultra Wiring Connectivity Systems Ltd. operates in the electronics components segment with a market capitalization of Rs. 54.9 crores. The company’s enterprise value of Rs. 61.12 crores and debt-to-equity ratio of 0.3 indicate a conservatively leveraged financial position. UWCSL’s ROE of 13.77% reflects efficient profitability from shareholders’ equity. With a price-earning ratio (PE) of 24.67, the company’s valuation appears reasonable, considering its growth prospects and financial performance.
Tamilnadu Telecommunications Ltd. (523419)
Tamilnadu Telecommunications Ltd. operates in the cable industry with a market capitalization of Rs. 49.47 crores. The company’s enterprise value is not available. Tamilnadu Telecommunications’ ROE of -0.21% indicates minimal profitability or potential losses incurred on shareholders’ equity. With a price-earning ratio (PE) of -0.31 and absence of other valuation metrics, it’s challenging to assess the company’s current valuation and growth prospects accurately.
Fine-Line Circuits Ltd. (517264)
Fine-Line Circuits Ltd. operates in the electronics components segment with a market capitalization of Rs. 45.19 crores. The company’s enterprise value of Rs. 49.91 crores and debt-to-equity ratio of 0.74 suggest a conservatively leveraged financial position. Fine-Line Circuits’ ROE of 0.85% indicates minimal profitability or potential losses incurred on shareholders’ equity. With a price-earning ratio (PE) of 0 and absence of other valuation metrics, it’s challenging to assess the company’s current valuation and growth prospects accurately.
Jigar Cables Ltd. (540651)
Jigar Cables Ltd. operates in the cable industry with a market capitalization of Rs. 44.09 crores. The company’s enterprise value of Rs. 48.93 crores and debt-to-equity ratio of 0.36 suggest a conservatively leveraged financial position. Jigar Cables’ ROE of 6.78% reflects modest profitability from shareholders’ equity. With a price-earning ratio (PE) of 44.41, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
Cybele Industries Ltd. (531472)
Cybele Industries Ltd. operates in the cable industry with a market capitalization of Rs. 42.25 crores. The company’s enterprise value of Rs. 60.35 crores and debt-to-equity ratio of 0.58 suggest a conservatively leveraged financial position. Cybele Industries’ ROE of 1.17% indicates minimal profitability or potential losses incurred on shareholders’ equity. With a price-earning ratio (PE) of 0 and absence of other valuation metrics, it’s challenging to assess the company’s current valuation and growth prospects accurately.
Incap Ltd. (517370)
Incap Ltd. operates in the electronics components segment with a market capitalization of Rs. 34.31 crores. The company’s enterprise value of Rs. 39.69 crores and debt-to-equity ratio of 0.07 suggest a conservatively leveraged financial position. Incap Ltd.’s ROE of 4.17% reflects modest profitability from shareholders’ equity. With a price-earning ratio (PE) of 57.95, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
Pan Electronics (India) Ltd. (517397)
Pan Electronics (India) Ltd. operates in the electronics components segment with a market capitalization of Rs. 27.62 crores. The company’s enterprise value is not available. Pan Electronics (India) Ltd.’s ROE of -1.37% indicates minimal profitability or potential losses incurred on shareholders’ equity. With a price-earning ratio (PE) of -2.31 and absence of other valuation metrics, it’s challenging to assess the company’s current valuation and growth prospects accurately.
Switching Technologies Gunther Ltd. (517201)
Switching Technologies Gunther Ltd. operates in the electronics components segment with a market capitalization of Rs. 22.05 crores. The company’s enterprise value of Rs. 22.05 crores and debt-to-equity ratio of -0.42 suggest a conservatively leveraged financial position. Switching Technologies Gunther Ltd.’s ROE of 0% reflects minimal profitability or potential losses incurred on shareholders’ equity. With a price-earning ratio (PE) of 1.79, the company’s valuation appears reasonable, considering its modest growth prospects and financial performance.
Richa Info Systems Ltd. (RICHA)
Richa Info Systems Ltd. operates in the electronics components segment with a market capitalization of Rs. 21.17 crores. The company’s enterprise value of Rs. 28.5 crores and debt-to-equity ratio of 1.22 suggest a moderately leveraged financial position. Richa Info Systems Ltd.’s ROE of 6.32% reflects modest profitability from shareholders’ equity. With a price-earning ratio (PE) of 25.93, the company’s valuation appears relatively high, possibly reflecting market expectations of future growth.
CMI Ltd. (CMICABLES)
CMI Ltd. operates in the cable industry with a market capitalization of Rs. 8.61 crores. The company’s enterprise value of Rs. 388.76 crores and debt-to-equity ratio of 0 suggest a conservatively leveraged financial position. CMI Ltd.’s ROE of 0% reflects minimal profitability or potential losses incurred on shareholders’ equity. With a price-earning ratio (PE) of -0.07 and absence of other valuation metrics, it’s challenging to assess the company’s current valuation and growth prospects accurately.
Continental Controls Ltd. (531460)
Continental Controls Ltd. operates in the electronics components segment with a market capitalization of Rs. 8.25 crores. The company’s enterprise value of Rs. 6.9 crores and debt-to-equity ratio of 1.15 suggest a moderately leveraged financial position. Continental Controls Ltd.’s ROE of -53.55% indicates significant losses incurred on shareholders’ equity. With a price-earning ratio (PE) of 3.95, the company’s valuation appears relatively low, possibly reflecting its current financial difficulties.
SGN Telecoms Ltd. (531812)
SGN Telecoms Ltd. operates in the cable industry with a market capitalization of Rs. 5.17 crores. The company’s enterprise value is not available. SGN Telecoms Ltd.’s ROE of -12.91% indicates significant losses incurred on shareholders’ equity. With a price-earning ratio (PE) of 9.79 and absence of other valuation metrics, it’s challenging to assess the company’s current valuation and growth prospects accurately.
Linaks Microelectronics Ltd. (517463)
Linaks Microelectronics Ltd. operates in the electronics components segment with a market capitalization of Rs. 2.1 crores. The company’s enterprise value is not available. Linaks Microelectronics Ltd.’s ROE of 0% reflects minimal profitability or potential losses incurred on shareholders’ equity. With a price-earning ratio (PE) of -0.09 and absence of other valuation metrics, it’s challenging to assess the company’s current valuation and growth prospects accurately.
Magnus Retail Ltd. (517320)
Magnus Retail Ltd. operates in the cable industry with a market capitalization of Rs. 2.09 crores. The company’s enterprise value of Rs. 3.54 crores and debt-to-equity ratio of -1.01 suggest an unusual financial position. Magnus Retail Ltd.’s ROE of 0% reflects minimal profitability or potential losses incurred on shareholders’ equity. With a price-earning ratio (PE) of -1.26 and absence of other valuation metrics, it’s challenging to assess the company’s current valuation and growth prospects accurately.
The cable and electronics components industries in India present a spectrum of companies with varied market capitalizations, financial positions, and growth trajectories. While some companies demonstrate robust financial performance and efficient profitability, others face challenges such as high leverage or significant losses. Investors should conduct thorough due diligence, considering factors like financial ratios, market dynamics, and growth potential, before making investment decisions. Additionally, monitoring industry trends and regulatory developments is crucial for staying informed and making prudent investment choices in these sectors.
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