MoneyWorks4Me

Prime Cable Industries Ltd (PRIMECAB)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: PRIMECAB Cable | Small Cap | Prime Cable Inds. Share Price

BSE Share Price
Not Listed

Prime Cable Industries Ltd (PRIMECAB)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: PRIMECAB Cable | Small Cap | Prime Cable Inds. Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹314 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
-
TTM Sales
-
Book Value per Share
-
P/E Ratio
Industry PE
54.1
Price to Book (P/B)
Price to Sales (P/S)
EV/EBITDA
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
%
Return on Capital Employed (ROCE)
%
Return on Assets (ROA)
%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
70.82%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
68.53%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
-
Equity
₹9.2 Cr.
Face Value
₹5
All Time Low / High
₹0.00 / 0.00

Prime Cable Industries stock performance

Key Ratios
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Valuation

Overvalued

Price Trend

Weak
Q.1 Is Prime Cable Industries Ltd a good quality company?
Prime Cable Industries Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Prime Cable Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Prime Cable Industries Ltd vs industry peers?
Prime Cable Industries Ltd revenue CAGR is %, compared to the industry median CAGR of 0%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Prime Cable Industries Ltd?
Promoters hold 68.53% of the Prime Cable Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Prime Cable Industries Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Prime Cable Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ7.9%10.1%13.6%30.5%-
Value Creation
Index ⓘ
-0.4-0.30.01.2-

Growth Parameters ⓘ

Sales ⓘ53.673.682.5141235
Sales YoY Gr.-37.5%12.1%70.8%-
Adj EPS ⓘ0.30.21.35.56.7
YoY Gr.--48.5%682.4%312%-
BVPS (₹) ⓘ3.83.95.210.628.4
Adj Net
Profit ⓘ
0.50.21.87.512
Cash Flow from Ops. ⓘ-4.2-11.13.4-
Debt/CF from Ops. ⓘ-3.9-23.228.611.2-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANA38.1%70.8%
Adj EPS ⓘNANA155.1%312%
BVPSⓘNANA41.3%105.6%
Share Price - - - -

Key Financial Parameters ⓘ

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ
8.84.529.569.434.3
Op. Profit
Mgn % ⓘ
3.74.16.110.6NAN
Net Profit
Mgn % ⓘ
0.90.32.25.35.2
Debt to
Equity ⓘ
3.24.34.62.6-
Working Cap
Days ⓘ
01331341290
Cash Conv.
Cycle ⓘ
08486670

Valuation of Prime Cable Inds. - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

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No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

data not found
No data found!
data
No data found!
data
No data found!
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No data found!

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Prime Cable Industries Ltd FAQs

The current trading price of Prime Cable Inds. on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Prime Cable Inds. stood at ₹313.5 Cr

The latest P/E ratio of Prime Cable Inds. as of 31-Dec-1969 is 25.62.

The latest P/B ratio of Prime Cable Inds. as of 31-Dec-1969 is 6.04.

The 52-week high of Prime Cable Inds. is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Prime Cable Inds. is ₹235 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Prime Cable Industries Ltd is a below average quality company.

The key valuation ratios of Prime Cable Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Prime Cable Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Prime Cable Industries Ltd

Prime Cable Industries was incorporated as a private limited company in the name and style of ‘RC Cable Private Limited’ under the provisions of the Companies Act, 1956 vide certificate of incorporation dated May 12, 2008 issued by Registrar of Companies, National Capital Territory of Delhi and Haryana. Later effective from April 1, 2009, the company took over the business of proprietorship concern of one of its Promoter Purshotam Singla, namely M/s Prime Cable Industries as per the business transfer agreement dated March 27, 2009 on a going concern basis. Further, the name of the company was changed to ‘Prime Cable Industries Private Limited’ and a fresh certificate of incorporation dated February 22, 2019 was issued by Registrar of Companies, Delhi. Subsequently, the company was converted into a public limited company and the name of the company was changed from ‘Prime Cable Industries Private Limited’ to ‘Prime Cable Industries Limited’ and a fresh certificate of incorporation was issued on December 18, 2024 by the Registrar of Companies, Central Processing Centre.

The company has been engaged in the manufacturing and sale of cables and wires. It manufactures low voltage control cables, power cables, aerial bunch cables, instrumentation cables, housing/building wires and conductors catering to several institutions which includes EPC players, electricity boards, public sector undertakings responsible for generation, transmission and distribution of power (transmission, distribution and generation), oil & gas, mining, steel, real estate, electric panel builders, etc. It generally procures orders directly from non-government clients, government entities directly through the vendor approval process and also on open or limited tender basis. It is an ISO and BIS certified company which manufacture and sell cables primarily under its brand i.e. ‘PRIMECAB’ and ‘RENUFO’.

Its customers primarily include leading EPC players, electricity boards, public sector undertakings responsible for generation, transmission and distribution of power. It also supplies products to other industries viz. oil & gas, mining, steel, real estate and electric panel builders, etc. It operates through a well-established infrastructure that supports its manufacturing demands. The company has developed expertise and upgraded its technology by adding several automatic and semi-automatic machineries and equipment to its manufacturing units, which has helped it to boost its manufacturing capacity and maintain the quality of its products it manufactures. Its manufacturing units are equipped with in-house testing laboratories. Its manufacturing units are well equipped with modern machinery to manufacture quality products. It maintains high standards of quality and environmental responsibility and offers products as per different Indian and world standards. 

Business area of the company

The company is engaged in the manufacturing and sale of cables and wires. It manufactures low voltage control cables, power cables, aerial bunch cables, instrumentation cables, housing/building wires and conductors catering to several institutions which includes EPC players, electricity boards, public sector undertakings responsible for generation, transmission and distribution of power, oil & gas, mining, steel, real estate, electric panel builders, etc.

Products of the company

  • Control Cables
  • Power cables
  • Aerial Bunch Cables
  • Instrumentation Cable
  • Housing/Building wires & Conductor

Certifications

  • 2023: The company has received ISO 14001:2015 certification. 
  • 2023: The company has received ISO 45001:2018 certification. 
  • 2024: The company has received ISO 9001:2015 certification. 
  • 2024: The company has received ISO/IEC 17025:2017 certification. 
  • 2024: The company has received ISO 45001:2018 certification. 
  • 2024: The company has received ISO 9001:2015 certification. 
  • 2024: The company has received ISO 14001:2015 certification. 

History and milestones

  • 2008: Incorporation of the company as ‘R C Cable Private Limited’
  • 2009: Took over the business of proprietorship concerns of one of its Promoters Purshotam Singla, namely M/s Prime Cable Industries as per the business transfer agreement on a going concern basis along with goodwill and all other assets and liabilities of Prime Cable Industries with effect from April 1, 2009
  • 2009: Opened a unit in DSIDC Narela, Delhi with an area of 3,767.37 sq. ft.
  • 2019: Change in name from ‘R C Cables Private Limited’ to ‘Prime Cable Industries Private Limited’
  • 2020: Setting up of Manufacturing Unit-II Ghiloth with an area of 67,177.56 sq. ft.
  • 2021: Opened a Warehouse in Bangalore to make its product readily available in the southern region of India.
  • 2024: Started production at Manufacturing Unit-II for manufacture of Control Cables, Power Cables etc.
  • 2024: Setting up of in-house testing lab at Manufacturing Unit-II certified by NABL
  • 2024: Change in name from ‘Prime Cable Industries Private Limited’ to ‘Prime Cable Industries Limited’ pursuant to the conversion of the Company from Private to Public Company.

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