Cords Cable Industries Limited (CORDSCABLE) AI Stock Analysis

Cords Cable Industries Limited

(NSE:CORDSCABLE)

Select Model

Rating:56Neutral

Price Target:INR 291.00▲(2.90% Upside)

Action:reiterated

Date:09/09/26

The overall score reflects a business with healthy revenue growth and a reasonably stable balance sheet but constrained by thin margins and weak, volatile cash flows, combined with a strongly extended price trend and high volatility that increase near-term downside risk; the valuation appears broadly moderate with little income support, reinforcing a cautious, mid-range assessment.

Positive Factors

Revenue ScalingThe substantial multi-year revenue expansion indicates that Cords Cable has broadened its business scale and maintained demand across its served markets. Continued growth provides a larger base for operating leverage, customer relationships, and reinvestment over the next several quarters.

Negative Factors

Gross Margin CompressionThe sharp reduction in gross margin shows that revenue growth is not translating proportionally into underlying profitability. If this level persists, it can constrain operating leverage, reduce earnings resilience, and leave the company more exposed to cost or pricing pressure.

Cords Cable Industries Limited (CORDSCABLE) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 3.67B
Dividend Yield: 0.42%
Average Volume (3M): 15.15K
Price to Earnings (P/E): 15.0
Beta (1Y): 1.49
Revenue Growth: 15.12%
EPS Growth: 56.93%
Country: India
Employees: 243
Sector: General
Sector Strength: 55
Industry: Electrical Equipment & Parts

Cords Cable Industries Limited Business Overview & Revenue Model

Company Description

Cords Cable Industries Limited, an Indian enterprise founded in 1987 and headquartered in New Delhi, specializes in the engineering, manufacturing, and distribution of a broad spectrum of cables. The company supplies power, control, instrumentation,...

Cords Cable Industries Limited Financial Statement Overview

Summary

Solid revenue growth and improving balance sheet strength are offset by thin profitability and weak, volatile cash generation, resulting in a mid-range financial profile.

Income Statement

63Positive

Balance Sheet

67Positive

Cash Flow

44Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	9.79B	9.54B	7.95B	6.28B	5.26B	4.38B
Gross Profit	1.47B	1.20B	1.06B	1.21B	1.05B	735.37M
EBITDA	671.66M	632.83M	533.52M	437.54M	376.97M	382.39M
Net Income	245.75M	206.43M	146.70M	100.71M	72.19M	63.66M
Balance Sheet
Total Assets	0	4.90B	4.21B	3.62B	3.37B	3.24B
Cash, Cash Equivalents and Short-Term Investments	278.45M	278.45M	252.79M	16.27M	203.37M	41.75M
Total Debt	0	1.11B	1.07B	847.47M	834.26M	928.73M
Total Liabilities	-2.02B	2.88B	2.38B	1.92B	1.77B	1.72B
Stockholders Equity	2.02B	2.02B	1.82B	1.69B	1.59B	1.52B
Cash Flow
Free Cash Flow	214.12M	86.78M	-279.70M	243.40M	291.20M	200.47M
Operating Cash Flow	266.88M	191.66M	-77.16M	298.26M	349.96M	299.28M
Investing Cash Flow	-49.84M	-121.44M	-192.66M	-65.77M	-59.64M	-98.17M
Financing Cash Flow	-216.15M	-65.78M	270.09M	-232.79M	-325.40M	-170.96M

Cords Cable Industries Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price282.80

Price Trends

50DMA308.31Negative

100DMA259.77Positive

200DMA217.81Positive

Market Momentum

MACD-8.41Positive

RSI43.58Neutral

STOCH64.39Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CORDSCABLE, the sentiment is Negative. The current price of 282.80 is below the 20-day moving average (MA) of 296.50, below the 50-day MA of 308.31, and above the 200-day MA of 217.81, indicating a neutral trend. The MACD of -8.41 indicates Positive momentum. The RSI at 43.58 is Neutral, neither overbought nor oversold. The STOCH value of 64.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CORDSCABLE.

Cords Cable Industries Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:CORDSCABLE against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:KEI	69Neutral	INR 359.63B	34.14	―	0.12%	25.18%	32.49%
IN:POLYCAB	67Neutral	INR 1.18T	37.00	―	0.60%	40.99%	28.09%
IN:FINCABLES	66Neutral	INR 174.25B	21.79	―	0.79%	26.53%	29.17%
IN:RRKABEL	66Neutral	INR 232.61B	34.60	―	0.46%	45.36%	66.42%
IN:RAMRAT	61Neutral	INR 47.35B	37.31	―	0.49%	71.52%	95.45%
IN:CORDSCABLE	56Neutral	INR 3.66B	15.01	―	0.42%	15.12%	56.93%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

IN:CORDSCABLE and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:CORDSCABLE	Cords Cable Industries Limited	282.80	92.38	48.51%
IN:FINCABLES	Finolex Cables Limited	1139.35	348.13	44.00%
IN:KEI	KEI Industries Limited	3760.00	-217.69	-5.47%
IN:POLYCAB	Polycab India Ltd.	7800.00	211.22	2.78%
IN:RAMRAT	Ram Ratna Wires Limited	507.25	198.99	64.55%
IN:RRKABEL	RR Kabel Ltd.	2056.60	673.41	48.69%

Cords Cable Industries Limited Corporate Events

Cords Cable wins key GST appeal, tax demands set aside

Oct 24, 2026

Cords Cable Industries Limited has received a favourable Order-in-Appeal from the Commissioner (Appeals), Central GST, Jaipur, overturning key portions of a February 2025 tax demand related to input tax credit for the 2020-21 financial year. The earl...

Cords Cable Flags Upcoming Board Meeting to Consider Q2 FY27 Results

Oct 23, 2026

Cords Cable Industries Limited, a New Delhi-based manufacturer of industrial and specialized cables with production units in Bhiwadi, Rajasthan, is listed on both the NSE and BSE. The company serves infrastructure and process industries, leveraging i...

Cords Cable Flags Routine Newspaper Disclosure to Exchange

Aug 25, 2026

Cords Cable Industries Limited informed the stock exchange that it has published a statutory notice in newspapers, fulfilling its disclosure obligations to shareholders and regulators. The release signals routine compliance with listing and corporate...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 09, 2026

Cords Cable Industries Limited AI Stock Analysis