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Standalone net sales (including other operating income) of Cords Cable Industries for the quarter ended Sep 2024 has increased 25.89% to Rs 182.95 crore. Operating profit margin has jumped from 6.12% to 6.24%, leading to 28.46% rise in operating profit to Rs 11.42 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 81.11% to 81.44%. Employee cost decreased from 5.02% to 4.63%. Other expenses fell from 7.82% to 7.81%. Other income fell 76.25% to Rs 0.62 crore. PBIDT rose 4.70% to Rs 12.04 crore. Provision for interest fell 4.46% to Rs 6.42 crore. PBDT rose 17.57% to Rs 5.62 crore. Provision for depreciation rose 5.05% to Rs 2.08 crore. Profit before tax grew 26.43% to Rs 3.54 crore. Provision for tax was expense of Rs 0.91 crore, compared to Rs 0.76 crore. Effective tax rate was 25.71% compared to 27.14%. Profit after tax rose 28.92% to Rs 2.63 crore. For year-to-date (YTD) results analysis
Net sales (including other operating income) of Cords Cable Industries has increased 26.84% to Rs 355.91 crore.
Operating profit margin has declined from 6.71% to 6.13%, leading to 15.99% rise in operating profit to Rs 21.83 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 80.83% to 81.69%. Employee cost decreased from 5.07% to 4.68%. Other expenses rose from 7.31% to 7.55%. Other income fell 21.67% to Rs 2.53 crore. PBIDT rose 10.48% to Rs 24.36 crore. Provision for interest fell 1.16% to Rs 12.75 crore. Loan funds rose to Rs 76.06 crore as of 30 September 2024 from Rs 75.57 crore as of 30 September 2023. Inventories rose to Rs 66.93 crore as of 30 September 2024 from Rs 57.53 crore as of 30 September 2023. Sundry debtors were higher at Rs 171.37 crore as of 30 September 2024 compared to Rs 160.81 crore as of 30 September 2023. Cash and bank balance rose to Rs 27.18 crore as of 30 September 2024 from Rs 24.47 crore as of 30 September 2023. Investments rose to Rs 1.75 crore as of 30 September 2024 from Rs 0.38 crore as of 30 September 2023 . PBDT rose 26.89% to Rs 11.61 crore. Provision for depreciation rose 6.94% to Rs 4.16 crore. Fixed assets declined from Rs 95.83 crore as of 30 September 2023 to Rs 88.75 crore as of 30 September 2024. Profit before tax grew 41.63% to Rs 7.45 crore. Provision for tax was expense of Rs 1.95 crore, compared to Rs 1.37 crore. Effective tax rate was 26.17% compared to 26.05%.Profit after tax rose 41.39% to Rs 5.50 crore. Equity capital stood at Rs 12.93 crore as of 30 September 2024 to Rs 12.93 crore as of 30 September 2023. Per share face Value remained same at Rs 10.00. Promoters’ stake was 51.92% as of 30 September 2024 ,compared to 51.77% as of 30 September 2023 .
| Cords Cable Industries : Standalone Results | | Quarter ended | Year to Date | Year ended |
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| Particulars | 202409 | 202309 | Var.(%) | 202409 | 202309 | Var.(%) | 202403 | 202303 | Var.(%) |
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| Net Sales (including other operating income) | 182.95 | 145.33 | 25.89 | 355.91 | 280.59 | 26.84 | 627.74 | 526.26 | 19.28 | | OPM (%) | 6.24 | 6.12 | 13 bps | 6.13 | 6.71 | -57 bps | 6.58 | 7.51 | -93 bps | | OP | 11.42 | 8.89 | 28.46 | 21.83 | 18.82 | 15.99 | 41.31 | 39.54 | 4.48 | | Other Inc. | 0.62 | 2.61 | -76.25 | 2.53 | 3.23 | -21.67 | 5.23 | 1.39 | 276.26 | | PBIDT | 12.04 | 11.50 | 4.70 | 24.36 | 22.05 | 10.48 | 46.54 | 40.93 | 13.71 | | Interest | 6.42 | 6.72 | -4.46 | 12.75 | 12.9 | -1.16 | 24.64 | 23.49 | 4.90 | | PBDT | 5.62 | 4.78 | 17.57 | 11.61 | 9.15 | 26.89 | 21.90 | 17.44 | 25.57 | | Depreciation | 2.08 | 1.98 | 5.05 | 4.16 | 3.89 | 6.94 | 8.15 | 7.69 | 5.98 | | PBT | 3.54 | 2.80 | 26.43 | 7.45 | 5.26 | 41.63 | 13.75 | 9.75 | 41.03 | | PBT before EO | 3.54 | 2.8 | 26.43 | 7.45 | 5.26 | 41.63 | 13.75 | 9.75 | 41.03 | | EO Income | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | PBT after EO | 3.54 | 2.8 | 26.43 | 7.45 | 5.26 | 41.63 | 13.75 | 9.75 | 41.03 | | Taxation | 0.91 | 0.76 | 19.74 | 1.95 | 1.37 | 42.34 | 3.68 | 2.53 | 45.45 | | PAT | 2.63 | 2.04 | 28.92 | 5.5 | 3.89 | 41.39 | 10.07 | 7.22 | 39.47 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 2.63 | 2.04 | 28.92 | 5.5 | 3.89 | 41.39 | 10.07 | 7.22 | 39.47 | | EPS (Rs)* | 2.03 | 1.58 | 28.92 | 4.25 | 3.01 | 41.39 | 7.79 | 5.58 | 39.47 | | | * EPS is on current equity of Rs 12.93 crore, Face value of Rs 10, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
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Peer Comparision (Standalone)
|
Q-202409
|
Sales
(Rs. Crs)
|
var.(%)
|
OP
(Rs. Crs)
|
var.(%)
|
Net Profit
(Rs. Crs)
|
var.(%)
|
Share Price(Rs)
11-Nov-2024
|
var.(%)
over
One year
|
TTM EPS
|
TTM PE
|
|
Cords Cable Industries Ltd
|
182.95
|
25.89
|
11.42
|
28.46
|
2.63
|
28.92
|
207.20
|
78.77
|
9.04
|
22.91
|
|
Dynamic Cables Ltd
|
234.15
|
52.53
|
23.73
|
77.35
|
13.85
|
172.1
|
816.40
|
105.13
|
19.29
|
42.32
|
|
KEI Industries Ltd
|
2,279.65
|
17.21
|
220.60
|
9.1
|
154.81
|
10.41
|
3,989.50
|
54.94
|
69.17
|
57.68
|
|
Paramount Communications Ltd
|
352.10
|
40.68
|
30.61
|
45.28
|
20.27
|
4.22
|
70.67
|
8.39
|
3.18
|
22.25
|
|
Polycab India Ltd
|
5,365.99
|
26.08
|
605.12
|
-4.06
|
430.65
|
-4.25
|
6,702.65
|
30.11
|
115.41
|
58.07
|
|
R R Kabel Ltd
|
1,810.14
|
12.45
|
85.77
|
-29.06
|
49.75
|
-32.72
|
1,494.95
|
-8.64
|
23.27
|
64.25
|
|
Universal Cables Ltd
|
638.12
|
29.07
|
47.11
|
103.15
|
18.90
|
136.84
|
634.80
|
25.75
|
16.63
|
38.18
|
|
Industry
|
10,863.10
|
22.69
|
1,024.36
|
0.39
|
690.86
|
-1.09
|
169,549.40
|
36.61
|
|
54.84
|
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