Cords Cable Industries Ltd

Cords Cable Industries Ltd maintains a conservative capital structure with a debt-to-equity ratio of 0.46, below the median for its industry, and a current ratio of 1.59, indicating moderate liquidity. The company's liquidity position is further supported by an operating cash flow of INR 298.26 million, though capital expenditures of INR 54.86 million suggest ongoing investment in production capacity.

Profitability metrics show a return on equity of 1.91% and a return on assets of 0.89%, both below the industry median for electrical equipment manufacturers. The company's net income of INR 32.29 million reflects a narrow margin, with operating income of INR 100.09 million and a gross profit of INR 342.60 million. These figures suggest limited pricing power and cost control challenges.

The company's revenue is concentrated in India, with no disclosed international operations. While the input data does not specify segment revenue breakdowns, the lack of geographic diversification increases exposure to domestic economic and regulatory shifts.

Outlook data is not available for the next fiscal year, but historical revenue growth is constrained by the company's current performance. The company's operating cash flow and capital expenditures suggest a stable but not aggressive growth trajectory.

Risk factors include a medium liquidity risk due to a current ratio of 1.59 and a negative net cash position after subtracting total debt. The dilution risk is low, with no significant changes in shares outstanding between basic and diluted shares. No recent events or filings are disclosed in the input data to suggest material changes in the company's risk profile.

No recent events, filings, or transcripts are disclosed in the input data to inform the company's recent developments.

Revenue grew at a 25.2% CAGR over four years, demonstrating strong top-line expansion for the company.

Net income surged with a 35.5% CAGR, significantly outpacing revenue growth and indicating improving profitability.

Cash conversion ratio of 9.24 is best-in-class compared to the cohort median of 0.89.

Debt-to-equity ratio of 0.46 is below the cohort median of 0.24, suggesting manageable leverage.

The company faces high credit risk, posing significant potential challenges for financial stability and borrowing.

Medium liquidity risk suggests potential difficulties in meeting short-term financial obligations promptly.

Revenue INR 6.28B, +19,3% YoY; Operating income +3,9% YoY.

• ▍Revenue INR 6.28B, +19,3% YoY
• ▍Operating income +3,9% YoY
• ▍Net income +39,5% YoY
• ▍Free cash flow +40,9% YoY
• ▍Net margin 1.6%

Revenue INR 5.26B, +20,1% YoY; Operating income +3,3% YoY.

• ▍Revenue INR 5.26B, +20,1% YoY
• ▍Operating income +3,3% YoY
• ▍Net income +13,4% YoY
• ▍Free cash flow +136,8% YoY
• ▍Net margin 1.4%

Revenue INR 4.38B, +35,5% YoY; Operating income +11,8% YoY.

• ▍Revenue INR 4.38B, +35,5% YoY
• ▍Operating income +11,8% YoY
• ▍Net income +46,2% YoY
• ▍Free cash flow −50,3% YoY
• ▍Net margin 1.5%

Revenue INR 3.23B; Operating income INR 276.5M.

• ▍Revenue INR 3.23B
• ▍Operating income INR 276.5M
• ▍Net margin 1.3%