A special issue containing information on India’s leading wire and cable companies! For the purpose of presenting the business topography of the industry, Wire & Cable India magazine came up with its sixth edition of Top Cable Companies. Started in 2012, this year’s ‘Top Cable Companies 2022’ list identifies the true leaders in the sector which are aiming to enhance their presence while demonstrating a gleaming growth potential. We present a structured analysis emphasising the key parameters of the listed companies apposite to their growth.
In the wire & cable industry, there have been manifold transformations, creating newer growth opportunities which are also driving the growth in other related sectors such as – telecom, power transmission & distribution, and so on.
Wires and cables, which are used everywhere, are regarded as the arteries of electrical systems. They are used for a wide range of purposes such as electricity, telecommunication, transmission & distribution networks, powering electronic devices, in addition to other industrial applications. Today, a wide variety of industries including the defence, medical, telecom, networking, and power, are able to apply and use industry-specific wires and cables for their specific purposes.
Perhaps, the previous two to three decades have been the fastest-growing years in terms of infrastructure, which defines the growth in the wire & cable industry. Notably, the advancement in transmission & distribution and the demand from data centres and the telecom sector are some of the predominant factors which are expected to drive the further growth of the wire & cable sector.
Cable Fable: Growth Story of the Indian Market
We are entering into a new era of growing transport infrastructure with the PM GatiShakti National Master Plan (PMGS-NMP), which was launched in October 2021, and is aimed at strengthening the multimodal connectivity infrastructure to various economic zones. The PM GatiShakti is a transformative approach, being driven by 7 engines, namely, railways, roads, ports, waterways, airports, mass transport, and logistics infrastructure. This vision will further scale up the growth in infrastructure and will further push the growth rate exponentially in the wire and cable sector in a big way.
Since the government is infusing significant investments in the expansion of power grid infrastructure, including smart grids and T&D network expansion, modernisation of the grid further augurs well for the sector. Also, there have been a growing number of underground cabling projects all around the country due to the sheer dearth of open spaces as well as the expansion of the metro railway which creates the demand for EHV & HV underground cables.
Going ahead, in our journey of becoming globally competent, it is imperative that we start talking about sustainable operations, and integrate newer technologies into our manufacturing systems. The future growth story in the sector would be foregrounded by new product launches, strong demand for optic fibre networks, and the ongoing expansion of the power grid & distribution network.
Capitalising Growth Opportunities
All these interesting developments present huge opportunities for the wire and cable sector in India. The cable companies are increasingly aligning themselves to the international quality and technology benchmark to produce wires and cables satisfying both domestic and global customers. Besides developing new technologies and bringing out product innovations, the companies are also planning expansion either organically or inorganically.
One of the largest manufacturers in the wires and cables industry in India, Polycab India Ltd. launched Etira wires for the economy segment and relaunched Polycab Green Wire with the benefit of 5-in-1 GreenShield Technology. Meanwhile, APAR Industries has also developed specialised OFC cables, tether cables, tactical cables, submarine pressure tight cables, and torpedo cables, for defence and shipyards. Sterlite Power Transmission Ltd. has developed new Lead Sheath EHV Cables, Fibre integrated Power Cables (FIPC), Co Extruded Duct Cables (CCD), and Low Loss Cables (HAC).
The Indian Railways has an ambitious plan to electrify its entire network by 2023-24 which again paves way for the industry. KEC International established railway cables and conductors manufacturing unit at Vadodara, for a suite of products to cater to electrification of Indian Railways, in line with the modernisation and High-Speed Rail programs of the government.
BharatNet, which is the world’s largest rural broadband project, was launched to provide broadband connectivity to all the 2.5 lakh gram panchayats across India. Through this vision, large-scale laying of optical fibre cables is being implemented to ensure last-mile connectivity across the nation. HFCL is one of the few companies in India that has completed the deployment of 7,843 km of OFC Network in Punjab and 7,733 km in Jharkhand for the BharatNet Phase II project and played a significant role in bringing broadband connectivity to 3,200 villages in Punjab and 1,789 villages in Jharkhand.
Driven by the ongoing telecom and 5G expansions, the telecom cable manufacturers are well positioned with their 5G-centric products and its optical fibre cables business. As per a report by Ventura Research, 5G rollout & continuing 4G expansion in remote areas, FTTH penetration, and BharatNet are expected to bring a growth opportunity worth INR 3 lakh crore in the OFC space. Owing to such developments, Birla Cable launched various types of Fibre-To-The Home (FTTH) cables and micro-optical fibre cables.
The country aims to achieve 175GW of renewable energy capacity by 2022, comprising 100GW of solar, 60GW of wind, 10GW of biomass power, and 5GW of small hydropower and this ambitious target can never be completed without the contribution of the wire & cable industry. Finolex Cables commenced construction of a plant for the manufacture of solar cables in Pune which will serve the renewable energy sector as well as the construction and automobile sectors.
The wire & cable industry sees tremendous opportunities and making all the right moves. KEI Industries is in the process of expanding the capacity for LT, HT, and EHV cables with an investment of around INR 800 crore, which will be made in Greenfield projects over four to five years. Besides catering to the domestic market, cable companies are also eyeing global expansion. In the recent past, STL acquired two companies in Italy namely Metallurgica Bresciana to expand the OFC manufacturing footprint in Europe and Optotec to widen their optical interconnect portfolio globally. An ambitious joint venture of Ram Ratna Group and Imperial Group, RR-Imperial Electricals Ltd. is engaged in the manufacturing of enamelled copper wire and PVC insulated wire etc. and aims to be a leader on the horizon of Bangladesh’s hugely potential electrical industry.
Also Read: Top Cable Companies in India 2020
Competent Players in the Wire & Cable Sector
Wire & Cable India’s Top Cable Companies in India, a biennial survey of wire and cable companies of India, is presented with a comprehensive report based on various key parameters. The sixth in the series is a detailed list of India’s prominent wire and cable companies, as decided by production, financials – turnover, net profit, growth rate (in both turnover and net profit) & net worth. A composite score is calculated based on these five metrics equally, as one metric alone would present an inaccurate assessment. Further, the said parameters are the basis of our ranking calculation as these are objective and quantitative in nature. This year’s report, the sixth edition – Top Cable Companies 2022 – by Wire & Cable India, examines the scale of the country’s largest manufacturers in the sector.
The leading names are identified on the basis of the key metrics – which are focussed on sustaining and increasing their top & bottom line growth and have grown their businesses significantly with a forward-looking approach.
Disclaimer:
The data has been compiled either on the basis of inputs directly given by the companies or from the annual report that was available on the public domain. Wire & Cable India, at its best possible approach, attempted to accumulate data from the companies; however, some of the companies could not be included in the ‘Top Cable Companies in India 2022 Special Feature’ due to unavailability of information. Even if the Company takes every precaution to ensure that calculations and the content are both current and accurate; errors can occur. The financials are given in mn, i.e. million (10 million = 1 crore). Wire & Cable India takes no responsibility for any errors or omissions, or for the results obtained from the use of this information.
Polycab India Limited
Connection Zindagi Ka
| Year of establishment : | 1968 |
| Headquarter/Branch locations: | |
| Headquarter : | Mumbai, Maharashtra |
| Branches : | 4 regional and 11 local offices across the country |
| Number of manufacturing facilities and locations: | 23 manufacturing facilities spread over four locations across Gujarat, Maharashtra, Uttarakhand and Daman. Wire and cables are manufactured in Halol, Gujarat and Daman. |
| Number of employees: | 4,431 on roll & 7,337 on contract |
| Production capacity (Product wise): | |
| 2021-22 | 5.2 million kms of cables and wires |
| 2020-21 | 4.1 million kms of cables and wires |
| Product portfolio and applications: | Wires: House wires, Green wires – HR-FR-LSH-LH, Industrial flexible wires, Speaker wires. Cables: EHV cables, Fire survival cables, Optical Fibre Cables (OFC), Jelly filled telephone cables, High voltage cables, LAN cables, Power and control cables, Instrumentation cables, Co-axial cables, and Thermoplastic High Heat Resistant Nylon coated cable. Diverse customer base across a wide range of industries including Chemicals, Energy, Metals, Technology, Consumer Durables, Oil & Gas, Telecom, Defence, Manufacturing, Real estate etc. |
| Financials: | |
| Turnover : | 2021-22: INR 122,038 mn 2020-21: INR 89,265 mn |
| Turnover for Cables : | 2021-22: INR 106,953 mn 2020-21: INR 72,921 mn |
| Growth Rate (turnover) : | 39% |
| Profit (EBITDA) : | 2021-22: INR 12,626 mn 2020-21: INR 11,668 mn |
| Growth Rate (EBITDA) : | 14% |
| Net Worth : | INR 55,438 mn |
| Market Capitalization : | INR 353 bn |
| CSR activities undertaken: | · CSR expenditure was INR 192 mn spread over various activities. · Education: – Development of academic institutions, which include renovating or building schools, development of Anganwadis, science and computer laboratories among others to ensure that India’s children and youth are capable and empowered. – The Leadership Enrichment for Adolescence through Assessment & Development (LEAAD) program was organised to help build leadership qualities among students. – Contributed in the setting up of solar panels, computer, maths and science laboratories to cater to the educational needs of tribal boys. · Women Empowerment: A three-year certification course in self-defence to train women in physical and mental preparedness. Also, the Company organised skill training courses such as beauty course and sewing classes. · Environmental preservation: – Preserving the environment around the areas of operation. – Good quality seedlings were distributed in 21 villages to help residents create their own gardens to source nutritious food. Around 6000 trees were planted. – Company’s Environmental expenditure to preserve nature is INR 136 mn – Installed 14.20 MW renewable energy, – Reduced 15000 tonnes CO2 footprint, – More than 67 mn litres water recycled/reused · Water and Sanitation: Construction of toilets and provided clean drinking water in Gadhmahuda, Chachariya and Govindpuri villages in Gujarat. Constructed four new check dams and renovated four in Rayankhand, Vavdi village in and Pandol village in Gujarat. · Healthcare: – Mobile Medical Unit (MMUs) offer services such outdoor consultation, medicine supply, health counselling, and so on. – More than 8000 women have benefited from health camps focused on promoting breast cancer awareness. Special health camps for physically challenged people. – Support provided to Dr. Hedgewar Hospital, Aurangabad in setting up two General Wards of 25 beds each and mammography machine in the Radiology department. – Partnered with the Rotary Club, Calicut East, to jointly provide medical equipment to the newly opened paediatric ICU ward of the Government Hospital at Beach Road, Calicut. – Created a Blood Bank with Shree Halol Arogya Mandal. · Rural development: – Held a session to create awareness on best farming practices, crop planning and care, mushroom farming, post-harvest management, product sales and marketing. – To facilitate villagers’ access to various government schemes that have been instituted for their welfare. |
| New developments since 2021: | · Heavy Duty & Light Duty Cables verticals merged to unlock significant value. · Created a focused vertical to penetrate emerging clusters in both semi-urban and rural India. · Built presence in alternate channels such as e-commerce, modern trade, etc. · Forayed into new several new geographies globally. |
| Product/brand launches since 2021: | · Etira wires for the economy segment. · Relaunched Polycab Green Wire with a new product proposition which highlights the benefit of 5in1 GreenShield Technology. · Super-Efficient ceiling fan in various wattages i.e 28W, 32W & 35W with BLDC technology |
| Market served (domestic/exports in %) and countries served: | Exports to 60+ countries |
| No. of EPC contracts undertaken/ongoing with respective locations: | The other segment, which largely represents the Company’s EPC business and subsidiaries, clocked INR 2,943 mn in revenue, growing by 20 percent YoY with construction activities picking pace. |
| Market footprint: | · Dealers/Distributors: 4,600+ · Retail Outlets: 205,000+ · 22-24 percent share in the organised wires and cable market. |
| Future targets: | · With a clear goal of surpassing INR 200 billion in sales by FY26, Polycab is now focusing on diversification-led growth and enhancing brand recall across product categories. · The Company aims to increase its direct presence in lower tier towns as well as new countries globally, while providing a diverse range of world-class products to its channel partners, enabling them to achieve long-term sustainable growth. · Customer-centricity, digitalisation, and a sharper focus on environment, sustainability and governance aspects will continue to drive strategic decisions over the long term. |
| Details of joint ventures or details of the joint venture you are planning to set up with a firm in the near future: | The Group entered into agreement with Renuka Investments and Finance Limited (a wholly-owned subsidiary of Hindalco Industries Limited) for divesting 100 percent stake of Ryker Base Private Limited at a consideration of INR 1,778.92 mn. |
Source: Annual Report
KEI Industries Limited
The Power Behind the Power
| Year of establishment : | 1968 |
| Headquarter/Branch locations: | |
| Headquarter : | New Delhi |
| Branches : | 36 Offices |
| Number of manufacturing facilities and locations: | 5 Units Unit 1 : Bhiwadi, Rajasthan Unit 2 : Rakholi, Silvassa (Dadra & Nagar Haveli and Daman and Diu) Unit 3 : Pathredi, Alwar, Rajasthan Unit 4 : Chopanki, Alwar, Rajasthan Unit 5 : Chinchpada, Silvassa, (Dadra & Nagar Haveli and Daman and Diu) |
| Number of employees: | 5478 (on Roll, off Roll, & Contractual/Temporary) |
| Production capacity (Product wise): | |
| 2021-22 | EHV Cables: 900 Kms HT Cables: 10,400 Kms LT Power, control, instrumentation, rubber, communication & other cables: 1,42,700 Kms Winding, Flexibles & House Wires: 13,32,000 Kms Stainless Steel Wires: 9,000 MT |
| 2020-21 | EHV Cables: 900 Kms HT Cables: 11,100 Kms LT Power and other cables: 116,600 Kms Winding, Flexibles & House Wires: 11,17,000 Kms Stainless Steel Wires: 7,200 MT |
| Actual production in the last 2 years (Product wise): | 2021-22: The Company’s capacity utilization for Cables, Housing/Winding wires and Stainless Steel wires stood at 76%, 59%, and 84% respectively. 2020-21: The Company’s capacity utilization for Cables, Housing/Winding wires and Stainless Steel wires stood at 59%, 61%, and 85% respectively as against 76%, 68%, and 91% respectively in 2019-20. |
| Product portfolio and applications: | EHV Cables (up to 400 kV), HT Cables, LT Cables, Control Cables, Instrumentation Cables, Marine & Offshore Cables, Solar Cables, Stainless Steel Wires, Winding Wires, House Wires, Single Core/Multi Core Flexible Cables, Rubber Cables, Fire Survival/Resistant Cables, Communication Cables, and Thermocouple Cables. |
| Financials: | |
| Turnover : | 2021-22: INR 57,265.51 mn 2020-21: INR 41,814.88 mn |
| Growth Rate (turnover) : | 36.95% |
| Turnover for Cables & Wires: | 2021-22: INR 51,226.84 mn 2020-21: INR 35,742.11 mn |
| Turnover for Stainless Steel Wire Products: | 2021-22: INR 2,259.37 mn 2020-21: INR 1,416.53 mn |
| Profit (EBITDA) : | 2021-22: INR 6,040 mn 2020-21: INR 4,760 mn |
| Growth Rate (EBITDA) : | 27% |
| Net Worth : | INR 21,353.20 mn |
| CSR activities undertaken: | · Women and Child Welfare: The “VatsalyaGram” program, in collaboration with welfare organization Param Shakti Peeth. It is being undertaken in a 52-acre campus in Vrindavan (Uttar Pradesh). · Education: The Company extended support to ‘The Kalptaru Society’. This enabled children from the underprivileged background in Uttar Pradesh to continue their education. Also, the Company partnered with Bharat Lok Shiksha Parishad to support schools (Ekal Vidyalaya) in 227 villages in Garhwal region of Uttarakhand. · Hunger and Poverty Eradication: Partnered with SOS Children’s Villages of India to implement the Family Strengthening program. Under this, support was extended to 258 marginalised and disadvantaged children belonging to the most vulnerable families of Girdharipura and Mundiya Ramsar, Rajasthan. Around 6,25,000 meals were supported by KEI during the year under ‘Food for Life’ program of ISKCON, Dwarka, New Delhi. · Healthcare: Supported the construction of a 500-bed pediatric hospital under the Tirumala Tirupati Devasthanam project in Chittoor, Andhra Pradesh. · The company participated in Mahakumbh 2021, held at Haridwar, Uttar Pradesh. The objective was to facilitate the pilgrimage and also support the state government in clean and green Kumbh. We also connected responsibly with over 9.1 million pilgrims. |
| New developments since 2021: | · Added 25,400 kms to cables, 2,15,000 kms to House Wires/Winding Wire and 1,800 MT to Stainless Steel Wire manufacturing capacity during FY 2021-22. · Expansion of Flexible and House wire in Silvassa. · Winding wire division has been shifted at new location in HT plant to add the production capacity from 150 MT CU consumption/month to 225 MT CU consumption/month by adding 08 nos. of tapping machine and one annealing furnace. · XLPE Compounding plant (Buss-make) was installed for LT-XLPE grade insulated compound. · X-RAY 8000 NXT & LASER 2030 XY with ECOCONTROL 1000 of SIKORA make installed on rubber CCV lines to improve the quality of product, optimize the materials consumption & reduce the scrape. · Niehoff make 08 wire – Multi wire drawing machine has been added in Pathredi plant to enhance the cu wire drawing capacity for control/instrumentation cable. · New high-speed 19 wire double twist stranding machine from Setic was installed & commissioned successfully in Pathredi plant to enhance the capacity of conductors. · Added 32 Wires multi wire drawing machine in Chinchpada with additional bunches. · Installed new machines for AB & LT cables in Chinchpada plant. So, the Company can now also make AB & LT cables in the Chinchpada plant also. · On line taping & sintering machine of 6 heads installed in Bhiwadi plant to enhance the capacity of poly winding wires (WW). · To enhance the production capacity 100 MT/Month of SS wire, 10 nos. of Wet wire drawing machines) and 02 Multi dry block machines have been added in SS wire division Bhiwadi. |
| Product/brand launches since 2021: | · Special Cable Development – LT Coaxial Cable 3.5C240 SQMM. – Light Reflective Rubber Cable 3CX300+2CX150+1CX50. – Rubber Cable 3CX35+3CX10 (33kV). – EHV 400kV, 1C x 2500 Sq.mm Enameled copper cable. – Non Magnetic Double SS Tape 220kV 1Cx 2000 Sq.mm cable. – Stainless Steel Tape corrugation & Double Brass Tape 132kV 1C x630 SQMM. – 3CX300 SQMM 66KV(E) along with optical fiber. – 1Cx630 SQMM 110kV with optical fibre in Metal tube. · Flexible aluminium cables, aluminium FS cables, fire rated cables, ceramified silicone FS wires, cables suitable for -60°C, and solar cables. · Rubber compounds: Developed and modified compounds chemically as per European Standards for special applications as per Indian market’s requirements. · Introduced embedded OFC for EHV cables as well as FRLS jacket for EHV cables. · Developed FR HDPE jacketed cables. · Developed Non Magnetic Stainless Steel corrugated sheath. · For the South African market, developed Bi-Color jacketed MV Cables. · Developed Round Compact 1200sq.mm Aluminum- Conductor. · Individual sheathed Triplex Cable for Australian market developed. · Developed and manufactured 400 kv Cables. · Nano dies introduced for Round Compact Conductor. · New Packing developed, which is cost effective & replacing wood as packing material. |
| Market served (domestic/exports in %) and countries served: | In FY22, exports amounted to 10% off total sales. Exports made to 50+ countries across the world; including subsidiary in Australia and associate in South Africa, overseas marketing/project offices in Dubai, Gambia, and Nepal. |
| No. of EPC contracts undertaken/ongoing with respective locations: | The EPC sales stood at 7% of the overall sales. EPC Projects Segment (excluding cables) contributed a turnover of INR 3780 million as compared to INR 4660 million in FY 2020-21. |
| Market footprint: | · Dealers/Distributors: 1800+ · 22 depots and 36 Marketing Offices across India |
| Future targets: | · The future goal is to achieve 50% of revenue from the retail segment in the next 2-3 years by growing it at 30-35% per annum. In line with this objective, the Company is strengthening the business enablers including mapping retailers, expansion of distribution network, and enhancing the brand connect. · Strategic investments are being made to capture the unfolding opportunities. The Company is in the process of expanding the capacity for LT, HT, and EHV cables with an investment of around INR 800 crore, which will be made in Greenfield projects over four to five years. · The Company seeks to enter the FMEG sector once their retail segment reaches about 50% of the total sales. · In parallel, debottlenecking projects and efficiency improvements are continuous focus areas. Meanwhile, sufficient capacity exists to meet the increased demand for products in FY2022-23 and 2023-24. · Focus on growing distribution network to strengthen KEI’s pan India presence as well as enhance the international presence. |
| Details of joint ventures or details of the joint venture you are planning to set up with a firm in the near future: | Technological collaboration with Switzerland-based Brugg Kabel AG |
Source: Annual Report
Sterlite Technologies Limited
Beyond Tomorrow
| Year of establishment : | 1988 |
| Headquarter/Branch locations: | |
| Headquarter : | Pune, Maharashtra |
| Overseas Offices : | Australia, Belgium, Brazil, China, Columbia, France, Germany, Italy, Ivory Coast, Malaysia, Netherlands, Philippines, Russia, SEA, South Africa, Singapore, Spain, Sweden, UAE, UK, USA |
| Number of manufacturing facilities and locations Optical Fiber : | |
| 8 Plant Locations Optical Fiber: | 2 in Aurangabad, Maharashtra 1 in China |
| Fiber Optic Cables, OPGW Cables Optical Interconnect: | 1 in Silvassa, India 2 in Italy 1 in Brazil |
| Copper Telecom Cables & Structured Data Cables and Optical Interconnect : | 1 in Dadra, India |
| Number of employees: | 3000+ |
| Production capacity (Product wise): | |
| Optical Fiber : | 50 million fkm |
| Optical Fiber Cables : | 34 million fkm |
| Product portfolio and applications: | Optical fibre, Fiber optic Cables, OPGW Cables Optical Interconnect, Copper Telecom Cables & Structured Data Cables and Optical Interconnect |
| Financials: | |
| Turnover : | 2021-22: INR 57,540 mn 2020-21: INR 48,250 mn |
| Growth Rate (turnover) : | 19% |
| Profit (EBITDA) : | 2021-22: INR 5,940 mn 2020-21: INR 8,540 mn |
| Growth Rate (EBITDA) : | (-) 30% |
| CSR activities undertaken: | · Promoting Gender Equality in Rural Maharashtra: Through the ‘Jeewan Jyoti programme’, STL has helped 800+ women in becoming financially independent by providing them with vocational skilling, leadership training, management, and micro-financing linkages as well as access to self-help groups. Over the years, the programme has been providing women across 100+ villages in Velhe, Bhor, and Haveli districts with a holistic system, which supports transportation facilities and a crèche that has enabled them to lead the change they want to see. Around 5000+ lives are benefitted and INR 1.2 crore has been disbursed through micro-financial linkages. · Tech-led Education: During the pandemic, the digital empowerment initiative in Pune ensured that internet platforms were fully utilised to access essential learning opportunities, and even equip individuals with livelihood opportunities. Across Aurangabad, Nandurbar, and Silvassa, the Company’s digital equaliser and improved learning programme ensured that children from rural areas and marginalised communities do not fall out of the education system. Community classes in a safe environment were held for students that did not have digital devices. In regions like Nandurbar, learning resource centres, and door-to-door awareness sessions have enabled the inclusion of toddlers and children into the education system. 2100+ teachers were also trained on how to leverage digital learning techniques. STEM learning and digital content in vernacular mediums further helped ensure equitable learning opportunities for children. About 110,000+ lives were benefitted and 200+ villages were covered across three districts. Thus, 1100+ individuals were digitally empowered. · Ensuring Last-Mile Access to Quality Healthcare: Throughout the pandemic, the Company continued to offer quality healthcare facilities and oxygen supply to rural areas and hospitals, respectively. In addition, they also realigned on-going programmes to offer COVID-19-related treatments, teleconsultations, doorstep testing, vaccinations as well as anytime, anywhere access to a doctor through 24/7 teleconsultation services. This hybrid healthcare model helped promote teleconsultations in remote rural areas. Specialised camps were organised on cardio-metabolic disorders, eye care, nutrition, women’s health, rapid testing, and much more. As an outcome, 230,000+ lives were impacted through hybrid healthcare interventions and 1200+ villages were covered across five districts. Also, 900,000+ lives were benefitted through COVID-19 interventions and 30,000+ teleconsultations were done. · Climate Action: Through convergence with the Government of Maharashtra, a holistic water programme has been designed that not only ensures surface and groundwater replenishment and rainwater harvesting but also educates the masses on the judicious use of water. To ensure sustainability, women-led self-help groups are formed and trained to maintain the structures built and redeveloped. Through funding from the government, sustainable agricultural practices like micro-irrigation are being promoted to avoid flood irrigation and provide residents with access to clean drinking water. Thus, 1.4+ million cu m of water was replenished, 1,01,000+ lives were benefitted, and 5,200+ households were provided with access to clean drinking water. Also, 85 water storage structures were built and redeveloped, 169,000 plantations were done, and 79 hectares of land was brought under micro-irrigation. |
| New developments since 2021: | · In the optical networking business, STL acquired two companies in Italy namely Metallurgica Bresciana to expand the OFC manufacturing footprint in Europe and Optotec to widen their optical interconnect portfolio globally. In addition, the Company invested in expanding installed OF capacity to about 50 million fkm and OFC capacity to 34 million fkm. · The company reached more than 20% market share in Europe and took the attach rate from 3% to 11% for Optical Interconnect business. · In the global services business, the Company acquired IDS to offer network services for data centres across Europe and Clearcomm to enable fibre roll-out in the UK. As a result of these moves, the company closed the year with an open order book of INR 1,000 crores in the region with several leading telcos and Altnets aligning with the vision. · The company got multi-million dollar orders for optical fibre cables in the North American market and became a partner in RDOF to bring gigabit broadband services to 18 US states besides creating ripples in the Latin American market. · The efforts towards R&D grew at tremendous scale in FY22 with patent portfolio (filed + granted) going up to 733. The company also earned their first 5G deployment patent granted in the U.S. · To further the R&D capabilities, established one-of-a-kind Centre of Excellence and innovation centre for 5G in India. This 5G innovation lab will provide the required resources to enable the testing and optimisation of 5G products in a real 5G radio environment. · In the Software and Access solutions business, the Company invested in Elitecore within network software and ASOCS in the field of CU and DU in RAN systems. These strategic investments enhanced the ability to target a higher wallet share of the investments made by existing customers as well as add new ones. Going forward, the Company has identified major strategic levers to propel theF growth. These levers would be backed by prudent capital management and strong global leadership for each of the business units. · The Company announced partnership with Netomnia, a wholesale fibre network operator in the UK to support their plans to deploy ultrafast full-fibre broadband in multiple cities by 2023. · STL partnered with Facebook Connectivity to design and develop 4G and 5G radio products and successfully completed a proof-of-concept (PoC) with Chunghwa Telecom. · Company’s people practices earned it the Great Place to Work certification for the third year in a row and it was also voted the Best Organization for Women by The Economic Times. · The year brought great glory as it completed two major projects of national importance – Mahanet and Navy Communications Network. · Entered multi-year supply contracts for fibre optic cables and optical interconnect products with two of the leading Tier-1 telcos and became a partner for a large-scale, inter-capital fibre network build project in Western Australia. |
| Product/brand launches since 2021: | · The cornerstone was the launch of Accellus, flagship solution for 5G-ready, open and programmable networks. The year was foundational for the business as multiple products under Accellus Solution became market ready. · Announced the general availability of our indoor small cells – Garuda, programmable FTTX (pFTTx), and WiFi6 access point. · Also launched a series of macro radios called Firebird and did the Minimum Viable Product (MVP) release for RAN Intelligent Controller (RIC). |
| Market served (domestic/exports in %) and countries served: | · Supplying 34 million fkm across five continents and 60+ countries. · The bygone financial year saw close to 50% of annual revenue coming from focus markets of North America and Europe – a clear indicator of our global success. · Brought gigabit broadband services to 18 US states besides creating ripples in the Latin American market. · Gained significant market share (20%+) in Europe |
| Market footprint: | Presence in over 100 countries |
| Future targets: | · The Company intends to capitalise and continue to focus on expanding the market share in the global optical fibre cable market, particularly in their focus markets of India, North America, and Europe. In this connection, the Company intends to continue our fibre capacity augmentation programmes, through both Greenfield and Brownfield investments. · STL intends to increase its market share by continuing to foster deep engagement with key customer accounts besides cross-selling additional products in the comprehensive end-to-end products portfolio. As part of fostering deep customer engagement, they will continue to partner with existing customers on R&D efforts to develop new products and revenue streams. · With the intent to further leveraging their existing customer relationships with key telecom companies, the Company will focus on building their optical interconnect portfolio for hyperscalers and data centres to gain new customers. In this pursuit, in addition to the in-house R&D development initiatives, they may augment their capabilities through inorganic initiatives, to expand the product offerings and access to new customers across the globe. · Looking ahead, the Company is working towards increasing the share in the telecom and cloud segments and are expanding in Europe, the Middle East, and America. · Paving the way for sustainable networks, the company targets to be emission free by 2030 on the back of environment positive actions like Net Zero emissions, water positivity goals, Zero Waste to Landfill certifications, and sustainable sourcing. |
| Details of joint ventures or details of the joint venture you are planning to set up with a firm in the near future: | · Sterlite Conduspar Industrial Ltd – a (50:50 joint venture between Sterlite Technologies UK Ventures Limited and Conduspar Condutores Eletricos Limited) · Metis Eduventures Private Limited – (Upto 31 October 2021). |
Source: Annual Report
Havells India Limited
Wires that don’t catch Fire
| Year of establishment : | 1971 |
| Headquarter/Branch locations: | |
| Headquarter : | Noida, Uttar Pradesh |
| Branches : | 35 Branch Offices |
| Number of manufacturing facilities and locations: | |
| Research Centers : | 3 |
| Manufacturing Plants : | 14 |
| Number of employees: | 5970 (On Roll) & 5182 (contractual) |
| Product portfolio and applications: | Cables (Power & Flexible), Switchgears, Lighting and Fixtures, Electrical Consumer Durables (ECD), Lloyd Consumers, Motors, Pump & Water Purifiers, Personal Grooming Products |
| Financials: | |
| Turnover : | 2021-22: INR 138,890 mn 2020-21: INR 104,280 mn |
| Turnover (Cables) : | 2021-22: INR 46,427.7 mn 2020-21: INR 31,801.7 mn |
| Growth Rate (turnover) : | 33.17% |
| Profit (EBITDA) : | 2021-22: INR 17,580 mn 2020-21: INR 15,650 mn |
| Growth Rate (EBITDA) : | 12.7% |
| Net Worth : | INR 59,890 mn |
| CSR activities undertaken: | · Havells spent INR 237 mn in various CSR activities. · Havells has planted 15 lakh + trees in Bhopal, Alwar and Neemrana. It has entered into an MoU with Madhya Pradesh’s Van Vikas Vigam Limited till 2027. · In association with the Government of Rajasthan, it has developed an eight-bed state-of-the-art modern ICU ward in Alwar, Rajasthan. · The QRG Foundation provides transport and related services for the distribution of dry food rations (wheat and rice) to over 400 government schools, directly benefiting 7 lakhs students in Alwar, supported by the Rajasthan government and school authorities. · The company partnered with Aga Khan Trust for Culture (AKTC) to support the building of Humayun’s Tomb Interpretation Centre and the restoration of Sabz Burj monument. · Climate strategy and action: The company ensures low carbon footprint and carbon intensity of products in manufacturing and usage. CO2 emission intensity reduction from FY15-16 as baseline was 56%. · Circular economy and waste management: The company promotes responsible end of life disposal of their product and services by following ‘5Rs’ – reduce, reuse, recycle, recover and residual management; strive for zero waste to landfill. Total water recycled was 69.2 million cubic metres. · Human rights and CSR: The company contributes to the upliftment of the society and upholding human rights as per the UN Declaration of Human Rights. |
| New developments since 2021: | · Set up of one new factory · 233 new deigns approved · Capex: The company’s total capital expenditure primarily directed towards enhancing infrastructure and capabilities during the year was INR 2560 mn. · The company commissioned the most advanced robotic manufacturing plant in Ghiloth, Rajasthan, in line with the ‘Make in India’ vision. This is a washing machine manufacturing plant with the capacity to produce 3 lakhs units/ annum. Manufacturing Execution System (MES) has been installed to monitor the production cycle in real time, improving operations and saving time. · In endeavor to reach <10k population towns , a new Rural Retail initiative was started called Havells UTSAV exclusive store, wherein a pilot of 50+ stores was completed in FY 2021-22, with a target of 1,000 stores by FY 2022-23. · Under Rural Vistaar initiative, Havells India is now the most penetrated FMEG brand in rural markets through the presence of rural distributors in 3,000 towns under POP strata of 10k-50K, covering 40k+ retail points. · 40 New SKUs Launched in Domestic Appliances in FY 2021-22 · Establish Lloyd as a ‘mass premium brand’. · Havells has been one of the first companies to get ISI license for HFFR cables. Over the period, it has expanded its range to include Solar, Telecom and CCTV cables. |
| Product/brand launches since 2021: | · Signia L1 smart touch, launched with both the smart WiFi communication feature and soft touch operation with reduced noise, marks a new benchmark of connectivity and ease of operation in switches. · Launched new range of air conditioners, refrigerators, geyser, air purifier, heaters, and mixer grinders. |
| Market served (domestic/exports in %) and countries served: | 60+ countries served |
| Market footprint: | · Dealers: 14,000 · Retailers: 2.05 lakhs |
| Future targets: | · Improving brand reach across multiple channels; · Continuing investments in R&D for developing innovative and quality products; · Extending product line and diversifying portfolio; · Penetrating newer markets, especially in the semi-urban and rural regions; · Tie-ups with multi-brand outlets, regional retailers, and modern formats; · Incorporating digital technologies in all aspects of the business to create enhanced value for all stakeholders; · Investing and nurturing in building business for tomorrow. |
Source: Annual Report
RR Kabel Limited
Akalmand Bano, Sahi Chuno
| Year of establishment : | 1995 |
| Headquarter/Branch locations: | |
| Headquarter : | Mumbai, Maharashtra |
| Branches & Warehouses : | Vadodara, Kolkata, Indore, Coimbatore, Delhi, Lucknow, Varanasi, Guwahati, Jaipur, Bhubaneshwar, Vijayawada, Bhiwandi, Ernakulam, Ahmedabad, Pune, Sonipat, Haridwar, etc |
| Number of manufacturing facilities and locations: | 5 Units |
| Wires & Cables : | 2 units |
| FMEG : | 3 units |
| Number of employees: | 4,000+ |
| Production capacity (Product wise): | |
| Cable & Wire : | 50,00,000 CKM |
| FMEG: | |
| Ceiling Fans : | 36,00,000 |
| Lighting : | 75,00,000 |
| Other Fans : | 30,000 |
| Total : *Capacity is as on 31.03.2022 | 1,11,30,000 |
| Actual production in the last 2 years (Product wise): | Currently, RR Kabel is operating at more than 90% of the installed capacity. |
| Financials: | |
| Turnover : | 2021-22: INR 44,322.2 mn 2020-21: INR 27,459.4 mn |
| Growth Rate (turnover) : | 61% |
| Growth Rate (EBITDA) : | 39% |
| Net Worth : | INR 10,458.6 mn |
| CSR activities undertaken: | · The company’s CSR initiatives are focused towards education, health care, rural development, and women empowerment. The company spent INR 330 lakhs during FY 21-22. |
| Market served (domestic/exports in %) and countries served: | Exports: 23% of the total turnover to 90+ countries |
| Market footprint: | · Dealers/Distributors: Approx 25,000 · Retailers: Approx 1,50,000 |
| Details of joint ventures or details of the joint venture you are planning to set up with a firm in the near future: | Joint venture company name: RR-Imperial Electricals Limited, Bangladesh, engaged in the manufacturing of enamelled copper wire and PVC insulated wire etc. |
Finolex Cables Limited
Behtar ElectriKAL ke liye!
| Year of establishment : | 1958 |
| Headquarter/Branch locations: | |
| Headquarter : | Pune, Maharashtra |
| Number of manufacturing facilities and locations: | 5 Manufacturing Sites at Roorkee, Uttarakhand; Urse, Pune; Pimpri, Pune; Verna, Goa; Ponda, Goa. |
| Number of employees: | 1,589 |
| Actual production in the last 2 years (Product wise): | |
| 2021-22: | Electrical Cables : 48,166 MT Communication Cables – Metal-based : 5,961 MT Communication Cables – Optic fiber cables : 1,472,435 FKM |
| 2020-21: | Electrical Cables : 52,248 MT Communication Cables – Metal-based : 6,457 MT Communication Cables – Optic fiber cables : 1,233,952 FKM |
| Product portfolio and applications: | · Electrical Cables: – 1100V PVC insulated cables (for Electrification of industrial establishments, used by construction industry, electrical panel wiring and consumer electrical goods) – Motor winding PVC insulated cables (Submersible pumps and electrical motors) – Automotive/battery cables (Wiring harness for the automobile industry and battery cables for various applications) – UPS cables (for providing power from the UPS to the computer / appliances in the networking environment) – Heavy-duty, underground, low voltage, power and control cables (Connection to the user point from the main supply of power) – Heavy-duty, underground, high voltage, power cable (Intra-city power distribution network) – Elevator cables (For use by the elevator industry) – Solar cables (Specially insulated cables for use in solar parks) · Communication Cables – Optic fiber cables (Networks requiring high-speed transfer of large bandwidth for voice image and data transmission) – Optic fiber (The principal raw material for optic fiber cables) – Coaxial cables (Cable TV network solutions, microwave communications, mobile towers) – Local area network (LAN) cables (Indoor and outdoor networking, voice and data transmission, broadband usage) – CCTV cables (For a better quality of CCTV images) – Speaker cables (Broadcasting applications in buildings and electronic goods) – Jelly-filled telephone cables (JFTCs)(Telephone line connections to exchanges and users) – PE insulated telephone cables (Telephone instrument connections to EPABX) – V-SAT cables (For connecting V-SAT dish to a base station) · Copper Rods – CCC rods of 8mm in diameter (For manufacturing copper-based cables) · Apart from Wires and Cables, the company also manufactures Conduits & Fittings, Lighting Products, Water Heaters, Switchgears and Accessories. |
| Financials: | |
| Turnover : | 2021-22: INR 37,681 mn 2020-21: INR 28,451 mn |
| Turnover (Electrical Cables): | 2021-22: INR 31,932 mn 2020-21: INR 23,099 mn |
| Turnover (Communication Cables) : | 2021-22: INR 3,797 mn 2020-21: INR 3,215 mn |
| Growth Rate (turnover) : | 36.1% |
| Profit (EBITDA) : | 2021-22: INR 5,669 mn 2020-21: INR 4,318 mn |
| Growth Rate (EBITDA) : | 31.28% |
| Net Worth : | INR 32,638 mn |
| CSR activities undertaken: | · INR 85.3 mn was spent in CSR activities. Education, healthcare, women empowerment, and environment protection form the most important focus areas. – Donation to Agricultural Development Trust, Pune – Donation to Maharaja Jagat Singh Medical Relief Society – Donation to ABMM Maheshwari Relief Foundation – Mumbai – Donation to IIME – International Institute of Management & Entrepreneurship – Jaipur – Free OPD Medical centre in Khandala, Pune through Sadhu Vaswani Mission – Project for helping Diabetic and needy children – Medical Ambulance for below poverty line people – Helping children of farmer who had committed suicide due to droughts through Snehawan – Partnered with reputed NGOs to assist farmers’ children during severe floods and drought; – Contributed to Agriculture and Education Development for Research and AI Engineering in agriculture to increase mechanisation and product development for local farming needs; – Provided assistance to a non-profit research organisation in the field of research and social welfare for the benefit of the society; – Contributed to Augment Health Care Infrastructure for various community healthcare institutions; – Extended medical care and facilities to children suffering from H-1B diabetes; – Provided ambulance and medical equipment for emergency medical care of unprivileged people; – Supported in betterment of school and classroom infrastructure across schools in various states; – Donated patient transport ambulance to Sadhu Vaswani, a mission free health clinic at Lonavala, Maharashtra and neighbouring villages; – Donated sonography machine and computerized radiography X-ray machine for the marginalised masses. |
| New developments since 2021: | · Commenced construction of a plant for the manufacture of solar cables in Pune which will serve the renewable energy sector as well as construction and automobile sectors. · Installing a new line to make tinned copper and foray into instrumentation cables, which will also strengthen backward integration. · For growing channel partner reach, Lucrative incentive schemes backed by ambitious targets were launched during the year which showed excellent outcomes. · Expanded retail coverage from 90,000 to 1,50,000 touchpoints; Received encouraging response received from the semi-urban and rural areas. · Stepped up the digital marketing and social media campaigns to reach out to our target audiences and deliver a unique experience. · Received the ‘e4m Pride of India – The Best of Bharat’ Award, 2022 to celebrate and honour the brands built in Bharat for Bharat. This award is given to brands that have demonstrated leadership, strategic accomplishments, creativity, and constant innovation in their product, processes, and marketing practices. · FINOLEX Documentary: During the year, the History TV18 & CNBC channel developed and aired a 22-minute documentary on ‘The Finolex Story’ that was broadcasted across the TV18 network. This program took the viewers through the inception and history of Finolex Group and its growth plans for the coming years. · Received the ‘Maha brands of Maharashtra’ Award, in recognition of our contribution to providing impetus to the growth and industrialisation of Maharashtra. |
| Product/brand launches since 2021: | · Forayed into the room heater category with a range of six high-performance aesthetically designed variants. · Launched decorative ceiling fans in the premium and popular segments · Added a plethora of products to innovative LED lighting range |
| Market served (domestic/exports in %) and countries served: | |
| Exports: | INR 276 mn |
| Market footprint: | · 22 percent Market Share in the organised wires industry · Depots: 26 · Channel Partners: 5,000 · Retailers: 150,000 across 773 districts of India |
| Future targets: | · Capex plan of Rs. 200 Crores over the next year · The company plans to penetrate further into the markets and enhancing presence across newer territories. · It is focussed on expanding its capacities and investing in backward integration to cater to the evolving customer requirements and further diversify its business. · Moving forward, Finolex strives to de-risk its business and generate higher revenues from consumer electrical products. |
| Details of joint ventures or details of the joint venture you are planning to set up with a firm in the near future: | · Finolex J-Power Systems Ltd (FJPSL) · Corning Finolex Optical Fibre Pvt. Ltd.(CFOFPL) |
Source: Annual Report
Sterlite Power Transmission Limited
Empowering Humanity by Addressing the Toughest Challenges of Energy Delivery
| Year of establishment : | 2000 |
| Headquarter/Branch locations: | |
| Headquarter : | Gurugram, Haryana |
| Branches : | Mumbai, Hyderabad, Bangalore and Kolkata |
| Number of manufacturing facilities and locations: | 4 Units (1 for Cable & 3 for Conductor/OPGW) |
| Number of employees: | 570 |
| Production capacity (Product wise): | |
| 2021-22 | MV & EHV : ~3000 km |
| 2020-21 | MV & EHV : ~3000 km |
| Actual production in the last 2 years (Product wise): | |
| 2021-22 | MV : 1500 km EHV : 850 km |
| 2020-21 | MV : ~750 km EHV : 350 km |
| Product portfolio and applications: | MV & EHV Cable |
| Financials: | |
| Turnover : | 2021-22: INR 37,970 mn 2020-21: INR 29,340 mn |
| Growth Rate (turnover) : | 29.41% |
| Profit (EBITDA) : | 2021-22: INR 3,650 mn 2020-21: INR 5,900 mn |
| Growth Rate (EBITDA) : | -38% |
| Net Worth : | INR 19,620 mn |
| CSR activities undertaken: | · Sterlite EdIndia Foundation: Sterlite EdIndia Foundation is a not-for-profit organization incubated by Sterlite Power & its group companies. It was established with the mission to improve quality of education in public education system at scale by leveraging digital technology to create innovative solutions. Acknowledging the fact that there are existing barriers to integrate technology within the public education system in India, EdIndia spearheads initiatives like Project Pragyan and Nirnay that capitalize on modern digital tools, data analytics, smart classrooms as well as training of teachers for better classroom engagement and improved teaching-learning process. · Having partnered with state education departments of Rajasthan, Tripura and Uttarakhand as well as district education departments of Mumbai, Aurangabad and Thane in Maharashtra, EdIndia has been running projects around teachers’ training, vernacular online resources creation and awareness of data utilization for decision making, since 2012. These programs now impact more than 40 lakh students and supports over 2 lakh teachers of 40,000+ schools across four states in India. Especially during COVID pandemic, EdIndia has reached out to more than 1.8 lakh teachers to support them in facing challenge of online education by training them about digital tools as well as teaching methods to be used during this phase. |
| New developments since 2021: | · 220kV PQ Test Completed successfully. · Lead sheathing facility added at Cable Plant. · 220kV Lead cable successfully type tested at CPRI. · Order worth 200 Crs booked for lead cables across all EHV Voltage segment (66 kV to 220 kV). · Major order bagged from MH for 220kV Cu CAS Cable (40 KM) on a turnkey basis. · First EHV Cable system order of MP govt., won by us for Bhopal Metro RSS & Bhopal Smart City Projects. |
| Product/brand launches since 2021: | New Cable developed – Lead Sheath EHV Cable, Fibre integrated Power Cable (FIPC), Co Extruded Duct Cable (CCD), Low Loss Cable (HAC) |
| Market served (domestic/exports in %) and countries served: | |
| For Cables: | Domestic: 90% Exports: 10% |
| No. of EPC contracts undertaken/ongoing with respective locations: | 220kV: MSETCL Shendra (~INR 100 Cr) & Nxtra Data Center 132kV: OPTCL Smart City (100 km/INR 200 Cr), UPPTCL (~90 km/INR 80 Cr), KSEB (~50KM/INR 45 Cr), MPPTCL (50 km/INR 80 Cr), Torrent (20 km/INR 25 Cr) |
| Market footprint: | Since the Company is dealing in MV & EHV Cables, we work on a B2B basis. |
| Future targets: | Develop 400kV Cable & HVDC Cable. |
| Details of joint ventures or details of the joint venture you are planning to set up with a firm in the near future: | Partnership with Taihan Cable Solution, Korea for EHV. |
Universal Cables Limited
Creating Milestones
| Year of establishment : | 1962 |
| Headquarter/Branch locations: | |
| Headquarter : | Satna, Madhya Pradesh |
| Branches : | 18 branch offices in India 1 in Dhaka, Bangladesh for undertaking EPC projects. |
| Number of manufacturing facilities and locations: | Unit 1 : Satna, Madhya Pradesh Unit 2 : Verna, Goa |
| Number of employees: | 926 |
| Product portfolio and applications: | · XLPE Cables – Extra High Voltage Cables – Medium Voltage Cable – Low Voltage Cables – Aeriel Bunched Cables · PVC Cables – Power and Control Cable – Winding Wire and Flat Motor Leads · Elastomeric Cables – Elastomeric Cables |
| Financials: | |
| Turnover : | 2021-22: INR 18,135.39 mn 2020-21: INR 12,806.65 mn |
| Growth Rate (turnover) : | 41.61% |
| Profit (EBITDA) : | 2021-22: INR 1,424.03 mn 2020-21: INR 1,042.97 mn |
| Growth Rate (EBITDA) : | 36.53% |
| Net Worth : | INR 5620.87 mn (Tangible net worth) |
| CSR activities undertaken: | · CSR Spend was INR 7.40 mn during the financial year. · Covid Relief measures: Health Care including preventive Health Care and Disaster Management. · Development of Medical Facilities, Repairing and Maintenance of Hospital Building, Fixtures, Equipments and other General Operational Expenses at M.P. Birla Hospital. · Rural Development: Repairing/ Construction of connecting Road and Side Shoulders, Site Development including leveling & dressing of open land and Tree Plantation in Ghoordang Village near Bela Panchayat. · Education and Employment enhancing vocational skill development especially among children, women, elderly and the differently abled and livelihood enhancement projects. · Distribution of Artificial Limps for disabled persons. · Environment Sustainability: Tree Plantation & Development work at Amrit Park. · Animal Welfare: Construction of Cow Shed at Dayodaya Pashu Sewa Kendra. · Empowerment of physically challenged persons; · Training to promote Rural Sports and Nationally recognised Sports. · Upgradation of Aanganwadi Centre, Ambedkar School, Village : Kripalpur to promote education. |
| New developments since 2021: | · The Company has successfully completed the Type Test of very specialised 1 x 2500 Sq mm Enameled Copper Conductor 400kV EHV cable at world renowned Testing Laboratory-CESI/IPH, Germany as well as at renowned domestic test laboratory i.e. Central Power Research Institute. · In the HV and MV segment, the Company commands a sizeable market share with widest range of cables in HV and MV segment. The capacity expansion project accomplished in financial year 2020-21 further strengthened its market share. · In the LV segment, the Company has accelerated further expansion in manufacturing capacity of LV segment in phased manner which is expected to pass through a rising growth curve to meet the need for infrastructural development. · Installed all new machines duly configured and equipped with state-of-the-art technology for ensuring optimised productivity and energy efficient performance. · Optimised operational efficiency of existing 2 MW Solar Power Plant installed last year thereby increasing the ratio of Solar Energy in total energy consumption from 29.8% to 30.5%. · In addition to 2 MW Capacity Roof Top Solar Power Plant installed in previous (2020-21), the Company has installed another Roof Top Solar Plant of 500 KW capacity at its Goa Unit during this year (2021-22). · Identification and sourcing of new and alternate materials for ensuring quality improvement and cost competitiveness. · Diversification and wider product range to address emerging market opportunities. · Developed following new varieties of Cables & Capacitors: – Elastomer insulated turbine cables for wind energy applications. – E-beam cross linked elastomer insulated short loop cables for ABB drive panels. – Made three major improvements in capacitor design namely Fuse less Capacitor (645 KVAr/17.32 kV), IP 54 Enclosure for Capacitor banks and APFC Panel for temperature rise test. |
| Product/brand launches since 2021: | · During the year under review, the Company has manufactured and supplied at commercial scale 400kV EHV cables which is the highest voltage segment for underground cables in India. |
| Market served (domestic/ exports in %) and countries served: | The company has national and international presence. It has been successful in penetrating into European & South American Market in EHV cable segment besides the neighbouring countries such as Bangladesh Sri Lanka etc. The revenue from exports for Company stood at INR 1044.43 mn during the year. |
| No. of EPC contracts undertaken/ongoing with respective locations: | · The Company has opened a branch office in Dhaka (Bangladesh) for undertaking EPC projects in the country. · Vindhya Telelinks Limited, an associate company is engaged in the business of Engineering, Procurement and Construction (EPC) business. |
| Future targets: | · Universal Cables expects to complete the ongoing 400kV Cable project during the financial year 2022-23 and hopeful of receiving further turnkey orders from Government utilities which will help in building reasonable strong credential in this niche segment. · In line with expected demand growth in EHV Cable segment, the Company envisages further capacity augmentation and modernisation armed with the latest technologies of its manufacturing facility which is expected to be on stream by the first quarter of financial year 2023-24. · The Company will continue to invest in new technologies in phases in tandem with demand growth for its overall business transformation. |
| Details of joint ventures or details of the joint venture you are planning to set up with a firm in the near future: | · Joint Ventures (Joint Arrangements): Birla Furukawa Fibre Optic Private Limited (BFFOPL) · Associate Company: Vindhya Telelinks Limited (VTL) · Joint Venture of an Associate Company: Birla Visabeira Private Limited (BVPL) · Wholly owned Subsidiaries of an Associate Company: – August Agents Limited (AAL) – Insilco Agents Limited (IAL) – Laneseda Agents Limited (LAL) · The Company also has a foreign collaboration. It had entered into a Manufacturing Technical Collaboration Agreement with NKT GmbH & Co. KG, Germany on 9th August, 2018 for 400 kV Extra High Voltage XLPE Underground Cables, which continues to remain in force. |
Source: Annual Report
Vindhya Telelinks Limited
Journey Towards Digital Future
| Year of establishment : | 1983 |
| Headquarter/Branch locations: | |
| Registered Office : | Rewa, Madhya Pradesh |
| Corporate Office : | New Delhi |
| Branches : | Ahmedabad, Bangalore, Chennai, Goa, Mumbai, Hyderabad, Kolkata |
| Number of manufacturing facilities and locations: | Unit : Rewa, Madhya Pradesh |
| Number of employees: | 1511 |
| Product portfolio and applications: | · Fibre Optic Cables: Central-tube Unarmoured Cable, Multi-tube Single Sheath Unarmoured Cable, Central-tube Steel Tape Armoured Cable, Multi-tube Single Sheath Armoured Cable, Dielectric Rodent Protected Cable, Multi-tube Steel Wire Armoured Cable, Multi-tube FRP Rod Armoured Cable, Multi-tube Ribbon Type Cable, All Di-electric, Self Supporting Aerial Cable, Hybrid (Optical & Copper) Under Ground Armoured Cable, Drop Cable, etc. · Copper Cables: Foam Skin / Solid PE Insulated Jelly Filled Telephone Cable, Self Supporting Aerial (Figure 8 Type) Telephone Cable, Underground Jelly Filled Quad Cable, Signaling Cable, Jumper Wire, Electroplated Tinned Copper Wire, etc. · Solar PV Cables · Power Cable: LT Aerial Bunched Cable, Instrumentation Cable 1, Instrumentation Cable 2, Control Cable, PVC Insulated Industrial Cable (Unsheathed), PVC Insulated Industrial Cable (Sheathed). · Telecom Fibre Accessories |
| Financials: | |
| Turnover : | 2021-22: INR 13,239.49 mn 2020-21: INR 15,020.55 mn |
| Turnover for Cable : | 2021-22: INR 5,602.47 mn 2020-21: INR 4,819.28 mn |
| Growth Rate (turnover) : | (-)11.86% |
| Growth Rate (cable turnover) : | 16.25% |
| Profit (EBITDA)* : | 2021-22: INR 1,910.61 mn 2020-21: INR 2,338.68 mn *Standalone Amount |
| Growth Rate (EBITDA) : | (-)18.3% |
| Net Worth : | INR 9,383.55 mn |
| CSR activities undertaken: | · CSR spend was INR 18.255 mn. As a part of its initiative under Corporate Social Responsibility (CSR), the Company has undertaken CSR projects and programmes in the areas of – Animal welfare; – Promoting healthcare including preventive healthcare and sanitation facilities; – Ensuring environmental sustainability; – Disaster management, including relief and rehabilitation activities in and around the local/nearby area(s) where the Company operates. |
| New developments since 2021: | · The Company’s Electron Beam Irradiation facility (E-Beam cable facility) which helps to cross link the Polymer jacket of the cables have been successfully stabilized and is now operating at par optimum capacity level and delivering superior products conforming to national and international standards for a variety of applications. · The Company has approved a Technology Cooperation Agreement with Huber + Suhner AG, Switzerland (“H+S”) for the exclusive license on the licensed patents, the licensed trademarks and right to use the licenses know-how/technology to manufacture and sale of globally renowned RADOX® families cables in India by making use of H+S business processes to Indian Railways, its allied companies and also for the Metro and high speed railway projects (Rolling Stock Industry) application, etc. The said Agreement will enlarge Company’s E-Beam cable products range to meet the ever increasing demand in Railway infrastructure projects which is likely to open new frontier of growth opportunities. · Company’s expertise in successfully manufacturing specialty communication cables for rugged field applications has come in very handy and it helped the Company to achieve good results despite the challenges posed by the Pandemic during the first quarter of the financial year 2021-22. · The Company’s IP-1 optical fibre cable infrastructure is today recognised for best in class network quality, delivery standards and fully conforms to the highest uptime requirement stipulation in the telecom space. |
| Market served (domestic/exports in %) and countries served: | · Domestic Sales: INR 12,589.20 mn · Exports / Overseas Sales: INR 650.29 mn · The Company continues to make concerted efforts to boost export turnover as a strategy in the new geopolitical scenario. |
| No. of EPC contracts undertaken/ongoing with respective locations: | · The Company’s Revenue from EPC Contracting/Turnkey Services in the EPC business segment – INR 8,594.01 mn · EPC Locations: Company has a pan India presence and executing Infrastructure projects in more than 15 states and Union Territories of India including J&K, Himachal Pradesh, Punjab, Haryana, Delhi NCR, Uttarakhand, Uttar Pradesh, Madhya Pradesh, Andhra Pradesh, Tamil Nadu, Telangana, Bihar, Jharkhand, Orissa and Arunachal Pradesh. · The Company’s EPC division is well positioned to execute large ticket(s) turnkey projects across the business verticals like, Telecommunications, Defence, Water including Jal Jeevan Mission/Rural Water supply, Power sub-transmission and distribution, Gas pipeline including city gas distribution infrastructure projects and other allied verticals. · Under the Company’s IP -1 License for creating the complete optical fibre cable network, various telecom operators have been relying upon network created by the Company with gradual expansion to enlarge coverage in new geographies in India based on increased demand for shared passive infrastructure from the telecom operators and other service providers. |
| Future targets: | · The Company has planned for further increase in the capacity of E-Beam Cable facility to cater to the increased business demands in all the user segments like solar energy, railways, ship building and the new technology segments. |
| Details of joint ventures or details of the joint venture you are planning to set up with a firm in the near future: | 1 Joint Venture – Birla Visabeira Pvt. Limited |
Source: Annual Report
Birla Cable Limited
Innovation for Sustainability
| Year of establishment : | 1992 |
| Headquarter/Branch locations: | |
| Headquarter : | Rewa, Madhya Pradesh |
| Branches : | Mumbai, New Delhi, Ahmedabad, Chennai, Bangalore, Goa, Hyderabad, and Kolkata. |
| Subsidiary : | Dubai, UAE |
| Number of manufacturing facilities and locations: | Unit 1 : Rewa, Madhya Pradesh |
| Number of employees: | 265 |
| Actual production in the last 2 years (Product wise): | |
| 2021-22: | Copper : 507,000 Boxes OFC : 36.24 Lakh Cabled fibre kms |
| 2020-21: | Copper : 380,000 Boxes OFC : 20.37 Lakh Cabled fibre kms |
| Product portfolio and applications: | · Optical Fibre Cables: Central-tube Unarmoured Cable; Multi-tube Single Sheath Unarmoured Cable; Multi-tube Double Sheath Unarmoured Cable; Multi-tube Double Layer Unarmoured Cable; Central-tube Steel Tape Armoured Cable; Multi-tube Single Sheath Armoured Cable; Multi-tube Double Sheath Armoured Cable; Dielectric Rodent Protected Cable; Multi-tube Steel Wire Armoured Cable; Multi-tube FRP Rod Armoured Cable; Multi-tube Ribbon Type Cable; All Di-electric Self Supporting Aerial Cable; Single-tube Figure-8 Type Aerial Cable; Multi-tube Figure-8 Type Aerial Cable; Hybrid (Optical & Copper) Underground Armoured Cable; Drop Cable; Indoor Drop Cable; Central-tube Micro Cable; Multi-tube Micro Cable; Interconnect Cable; Breakout Tight Buffered Unarmoured Cable; Fan out Tight Buffered Unarmoured Cable; and Fibre to Antenna. · Copper Structured Lan Cables: 4 Pair UTP CAT 5e Cable; 4 Pair FTP CAT 5e Cable; 4 Pair SFTP CAT 5e Cable; Hybrid 4 Pair CAT 5e with 2 F Cable; 4 Pair CAT 5e armoured LSZH Cable; 4 Pair UTP CAT 6 Cable; 2/4Pair CAT 5e Drop Cable – Single Sheath; 2/4Pair CAT 5e Drop Cable – Double Sheath; 2/4Pair Data Communication Cable; Switchboard Cables (Screened/Unscreened); Automobile Wires · Telecom Accessories: Copper Patchcords; Fibre Patchcords; Fibre Pigtails; Fibre Management Series – Rackmount; Fibre Management Series – Wall mount; and FOSC – 400. |
| Financials: | |
| Turnover : | 2021-22: INR 5,381.4 mn 2020-21: INR 3,303.6 mn |
| Growth Rate (turnover) | 63% |
| Profit (EBITDA) : | 2021-22: INR 461.5 mn 2020-21: INR 270 mn |
| Growth Rate (EBITDA) : | 41.5% |
| Net Worth : | INR 1,792.2 mn as on 31.03.2022 |
| Market Capitalization : | INR 3,934.5 mn as on 31.03.2022 |
| CSR activities undertaken: | · Contribution to Gaushala (Cow Ranch) at Rewa, Madhya Pradesh. · Operation and Maintenance of Open Gymnasium (Gym) equipment installed at Rewa, Madhya Pradesh. · Operation and Maintenance services of a Fire Tender being operated at Udyog Vihar Industrial Area, Rewa, Madhya Pradesh and its surrounding areas. · Expenditure by way of donation/ contribution for Corona virus medication and other medical equipments for treatment of COVID-19 patients. · Development of Medical Facilities, Repairing and Maintenance of Hospital Building, Fixtures, Equipment and other General Operational Expenses at M.P. Birla Hospital, Satna, Madhya Pradesh. |
| New developments since 2021: | Various types of Fibre-To-The Home (FTTH) Cables, Micro Optical Fibre Cables |
| Product/brand launches since 2021: | High Fibre count Micro Module Cables, Speciality EPFU / CFU Cables, Drop Cables, etc |
| Market served (domestic/exports in %) and countries served: | Domestic: 61% Exports: 39% |
| Future targets: | · Optical Fibre Cables: 80 Lakh Cabled Fibre kms · Structured Copper LAN Cables: 10 Lakh Boxes |
Apar Industries Limited
Tomorrow’s Solutions Today
| Year of establishment : | 1958 |
| Headquarter/Branch locations: | |
| Headquarter : | Mumbai, Maharashtra |
| Registered Office : | Vadodara, Gujarat |
| Branches : | Delhi, Kolkata, Chennai, Bengaluru, Hyderabad, Vadodara, and Pune |
| Number of manufacturing facilities and locations: | 9 units at Umbergaon, Khatalwad, Rabale, Silvaasa, Athola, Lapanga, Jharsuguda, and Sharjah |
| Number of employees: | 1,530 |
| Production capacity (Product wise): | |
| Power Cables : | 186,000 km |
| OFC Cable : | 180,000 km |
| Oil : | 542,000 KL |
| Conductor : | 194,560 MT |
| Actual production in the last 2 years (Product wise): | |
| Power Cables : | 162,643 km |
| OFC Cable : | 123,651 km |
| Oil : | 458,350 KL |
| Conductor : | 107,463 MT |
| Product portfolio and applications: | · Cables: LV/MV/HV XLPE power cables (upto 66 kV for power distribution); building and flexible house wires & cables; elastomeric cables for flexible applications; e-beam irradiated cables for railways, shipping & renewables; optic fibre cables for telecommunication; speciality hybrid cables for defence applications; and medium voltage covered conductor for overhead applications. · Speciality Oils, under the POWEROIL brand: Transformer oil; White & pharmaceutical oils; Industrial & process oils; industrial lubricants automotive lubricants & solutions; petroleum jelly; and natural ester transformer oil. · Conductors: Aluminium conductor composite core (ACCC®); best in HTLS category; Optical ground wire (OPGW); copper railway conductor; continuously transposed conductors (CTC); and turnkey solutions |
| Financials: | |
| Turnover : | 2021-22: INR 93,200 mn 2020-21: INR 63,880 mn *This is consolidated financial figures for the entire business of APAR Industries, including its cable division. |
| Growth Rate (turnover) : | 46% |
| Profit (EBITDA) : | 2021-22: INR 5,740 mn 2020-21: INR 4,380 mn |
| Growth Rate (EBITDA) : | 36% |
| Net Worth : | INR 17,150 mn |
| Market Capitalization : | INR 52,000 mn (as on 24-08-22) |
| CSR activities undertaken: | The CSR activities of the Company mainly aim at Principle of Trusteeship, by serving the community through programmes and projects having focus on: · Healthcare and upliftment of weaker sections of society. · Education and medical. · Environmental sustainability and rural development. · Welfare of under privilege and destitute children, including girl children. · Empowerment of physically/mentally challenged and underprivileged children, adults, and providing free education. · Restoration and re-building efforts post cyclone. · Mid-Day Meal. |
| New developments since 2021: | · Cables: – Commissioned 2.5 MeV e-beam line, over and above existing 3 e-beam facilities. – JV with Clean Max Rudra Private Limited for solar hybrid power generation facilities in Gujarat. – Cables factory Undergoing commissioning of 2 CCV lines. – Highest 18 UL approvals achieved and US orders for cables. · Oil: Saudi Aramco Base Oil Company – Luberef has signed a memorandum of understanding (MoU) with APAR. · Conductors: Agreement with Hindalco for sourcing molten metal. |
| Product/brand launches since 2021: | · APAR Cables Solutions: – 18 UL approvals for the US market. – Specialised OFC cables, tether cables, tactical cables, submarine pressure tight cables, torpedo cables, for defence and shipyards. – Complete cable harness for locomotives & railway coaches. – Earthing kits for rolling stock, PA system cable harness. – Complete integrated harness for electric buses, and EV – 2 & 3 wheelers. – EV chargers. – Solar jumpers and moulded harness with inline fuse. – Wires, cables & harnesses for automotives. – Re-launched best-in-class APAR Anushakti house wire (powered by e-beam technology, melt-resistant, 50 years life). – Sonu Sood signed as brand ambassador. – One of the largest exporters, a leader in CATV/ broadband fibre optic cables for the US & other global markets. · Conductor: – Copper conductor for Railways and Optical Ground Wire. – (OPGW) & CTC for transformer industry. – Supplies to all top 25 global turnkey operators and leading utilities. |
| Market served (domestic/exports in %) and countries served: | 140+ countries Top 10 export countries for group: USA, Bangladesh, UAE, Australia, Brazil, Nepal, Ecuador, Turkey, Iraq, and South Africa. |
| No. of EPC contracts undertaken/ongoing with respective locations: | 100+ conductor turnkey solutions |
| Future targets: | Expand the LDC business. |
| Details of joint ventures or details of the joint venture you are planning to set up with a firm in the near future: | JV with Clean Max Rudra Private Limited for the purpose of establishing and developing wind and solar hybrid power generation facilities in the state of Gujarat. |
Gupta Power Infrastructure Limited
Powering a Smarter Tomorrow
| Year of establishment : | 1961 |
| Headquarter/Branch locations: | |
| Headquarter : | Bhubaneswar, Odisha |
| Registered Office : | Kolkata, West Bengal |
| Branches : | New Delhi, Chandigarh, Uttar Pradesh, Rajasthan, Punjab, Telangana, Chennai, Madhya Pradesh, Coimbatore, and Madurai. |
| Number of manufacturing facilities and locations: | Unit 1 : Khurda, Odhisa Unit 2 : Gummidipoondi, Tamil Nadu Unit 3 : Kashipur, Uttrakhand Unit 4 : Halol, Gujarat |
| Number of employees: | 2,000+ |
| Product portfolio and applications: | · Cables: LV PVC/XLPE Power & Control Cable; EHV Power Cable up to & including 132kV with Al Corrugation; LV/MV Aerial Bundled Cable up to 33kV; Specialized Cables for Solar/Wind Power; Instrumentation Cable; Railway Signaling Cable as per RDSO specification; Fire Survival Cable; Thermocouple Extension / Compensating Cable; Switchboard Cables; House Wires/Flexible Cable; Mining Cable; Airfield Lighting Cable up to 5kV; Building Wire as per UL standard (USE/XHHW); Medium Voltage Covered Conductor (Mvcc) up to 33kV; and Contact Wire & Catenary Wires for Indian Railway. · LED Lighting: Indoor Lighting; Retail Lighting; Outdoor Lighting; Warehouse Lighting; Healthcare Lighting; Corporate Campus Lighting; Façade Lighting; Residential Lighting; Landscape Lighting, etc. · Smart Conductors: Overhead Conductor (AAC/AAAC/ACSR); Overhead Smart Conductors (HTLS: ACCC/STACIR/TACSR/ ACSS/GAP etc.) · Optical Fibre Cables: Duct Cables, Armored Cables; ADSS Cables; Aerial Cables; Hybrid Cables; CATV Cables; FTTH Cables; and Indoor Cables. · Wire Rods: Aluminium and Alloys as per AA 1000, 5000, 6000, 8000. |
| Financials: | |
| Turnover : | 2021-22: INR 37,050 mn |
| CSR activities undertaken: | · Gupta Power has allotted funds to JRG Education Trust registered under the Indian Trust Act for regulating, developing, conducting, and progressing weaker section of the society with relation to low economic groups. · The Company is currently working to support: – Computer & Accessories – Plantation & Environmental Awareness – Safe & Clean Water – Sports & Cultural Activities – Scholarship/Financial assistance to EWS/SC/ST students. |
| No. of EPC contracts undertaken/ongoing with respective locations: | · The motto of Gupta Power – EPC wing is to offer holistic solutions to Power Infrastructure Projects which includes conceptualizing, panning, designing, engineering, Procurement, Erection, testing & commissioning. The Company has already served PGCIL for their 132kV transmission lines and OPTCL, TSTRANSCO & MSETCL for their 132kV & 220kV lines, and substation. · Gupta Power has also served the Government of Odisha under OPTCL towards strengthening of distribution system for 120 nos AIS & GIS 33/11 kV substations & lines. Now, we are executing various projects on 132 kV, 220 kV, and 400 kV transmission lines & substation, underground cabling, and distribution projects for OPTCL, WBSEDCL, BSPTCL, PGCIL, GETCO, APTRANSCO, TSTRANSCO, REC Leh-Kargil, Haryana, UPPTCL & MSETCL. · With the growing need to address uninterrupted power supply & uprating of existing infra transmission capacity, GPIL is already designing, manufacturing, supplying, & installing all types of HTLS conductors (ACCC (CARBON Composite Core), STACIR, ACSS, GAP) on voltage levels up to 400kV. We have also completed our project with ACCC HTLS conductor in OPTCL Odisha, PSPTCL, Punjab, and BPC, Bhutan, and currently executing near about 1000 km of HTLS work under BSPTCL, UPPTCL, and MPPTCL on Turnkey basis. Also, the Company has completed the reconductoring of HTLS GAP conductor in 400 kV in PGCIL. |
HFCL Limited
| Year of establishment : | 1987 |
| Headquarter/Branch locations: | |
| Registered Office : | Solan, Himachal Pradesh |
| Corporate Office : | New Delhi |
| Number of manufacturing facilities and locations: | Unit 1 : Hyderabad, Telangana Unit 2 : Verna, Goa Unit 3 : Chennai, Tamil Nadu Unit 4 : Hosur, Tamil Nadu Unit 5 : Solan, Himachal Pradesh |
| Number of employees: | 3,400+ Employees, 1,890+ Engineers |
| Production capacity (Product wise): | |
| Optical Fibre Cable : | 23.95 mn fkm |
| Optic Fibre : | 10 mn fkm |
| FTTH Cables : | 690k ckm |
| IGFR : | 2,700 MT |
| FRP Rods : | 504k km |
| ARP Rod : | 660k km |
| Product portfolio and applications: | · Optical Fibre and Cables – Optic Fibre, Micro Cable, Micro Module Cable, Aerial Cable, Armoured Cable, Unarmoured Cable, FTTH Cable, Passive connectivity solutions. · Telecom Equipment- Indoor & Outdoor Wi-Fi 5 and 6 Access Points Ethernet L2/L3 Switches, Point to point Unlicensed band radios, Cloud based Network management system. · Electronics- Electro Optical Devices, Electronic Fuses, VMS and Video Analytics, High-Capacity Radio Relay. |
| Financials: | |
| Turnover : | 2021-22: INR 47,700 mn 2020-21: INR 44,590 mn |
| Growth Rate (turnover) : | 7% |
| Profit (EBITDA) : | 2021-22: INR 6,930 mn 2020-21: INR 5,860 mn |
| Growth Rate (EBITDA) : | 18.45% |
| Net Worth : | INR 28,180 mn |
| CSR activities undertaken: | · The Company has spent an amount of INR 62.1 mn towards its various CSR activities. · Healthcare: – The HFCL Social Services Society carries out preventive health care initiatives in collaboration with HelpAge India and Wockhardt Foundation by running Mobile Medical Units. – The Company started procuring Oxygen Concentrators and Oxygen Cylinders and supplying across various parts in India. – HFCL distributed survival kits and food items to meet the day-to-day food and hygiene needs of the underprivileged community in and around Solan, Himachal Pradesh and Sardarshahar, Rajasthan. · Education: – HFCL collaborated with Extra Marks Education Foundation on a smart class education initiative that is benefitting over 10,000 students from Sardarshahar (Rajasthan), Ghaziabad and Ghazipur (Uttar Pradesh). – In association with Hari Prem Society, HFCL is imparting computer training to underprivileged youth in Ghazipur (Uttar Pradesh). – By joining hands with Samarpan Foundation, HFCL delivers basic education and nutritious meals to the street children in Delhi – HFCL also offers grants for education and sports training to students from the marginalized sections of the society. · Energy Management: – Energy Conservation: To reduce electricity consumption, HFCL has replaced all traditional lights with LEDs across the organisation. The Company has turned its workplace into an energy-efficient one by using natural light for illumination. – Sustainable Energy Sourcing: HFCL mainly uses solar charging for its Base Transceiver Station (BTS) sites in Left-Wing Extremism (LWE) projects, avoiding the use of diesel generators for backup power supply for the BTS and microwave radios. – The Company manufactures Optical Fibre, Optical Fibre Cables (OFC) with various type of designs and always take care of environmental concerns and endeavour to reduce carbon footprint generation, while designing cables by selecting raw material which meets compliance obligations. · Water Management: – Water is continuously recycled in both Goa and Hyderabad manufacturing facilities through an efficient and effluent recycling process, reducing fresh water consumption. In addition, the Company operates a 15 KL/day and 30 KL/day Sewage Treatment Plants (STP) that recycles waste water for gardening purposes both at Hyderabad and Goa Plant respectively. · Every year, the Company observes CSR Week from January 25 to January 31, visiting various NGOs or institutions with employees with a motto of ‘Smile with someone and let someone smile’. |
| New developments since 2021: | · HFCL has been working constantly to reduce the diameter of optical fibre cables to maximise resource utilisation. During the year, the Company reduced diameters by 15%, resulting in higher fibre count cables and a 25% reduction in cable weight as well. As a result, the cables are compact, light, and easy to handle. · The Company has established two new wholly owned subsidiaries in Texas and Amsterdam – HFCL Inc., a company registered in the State of Texas, in the United States and HFCL B.V., a private limited company registered in Amsterdam, in the sovereign state of the Netherlands · HFCL is one of the few companies in India that has completed the deployment of 7,843 km of OFC Network in Punjab and 7,733 km in Jharkhand for the BharatNet Phase II project and has played a significant role in bringing broadband connectivity to 3,200 villages in Punjab and 1,789 villages in Jharkhand. · The Company formed strategic partnerships with various global accredited names such as Wipro, O-RAN Alliance, CommAgility, Aprecomm, BigCat Wireless, Nivetti Systems, VVDN Technologies, Metanoia, Capgemini Engineering, NXP, IP Infusion. |
| Product/brand launches since 2021: | · 50 new products launched · Various products are in testing phase and are expected to start producing revenue soon. Some of the products under development include 5G RAN products, Wi-Fi 7 access points, Cell Site Routers, DU/CU Aggregation Routers, Home Mesh Router, Passive optical network (PON) products, Small Cell for 5G, etc. |
| Market served (domestic/ exports in %) and countries served: | Supplies OFC to almost all major telecom service providers in India and also exports to more than 30 countries. The export revenue of the Company increased significantly to INR 3630 mn in FY22 from INR 2010 mn in the previous year with 80% YoY growth. |
| Market footprint: | · As one of the largest infrastructure providers in South East Asia, HFCL recognised the potential of European markets and formed strategic alliances with local players in these regions to provide EPC services for OFC / FTTH rollout. · From 27% products and 73% EPC projects in FY21, the Company has moved towards 43% products and 57% EPC projects in FY22. |
| Market footprint: | 30+ Countries serviced |
| Future targets: | · The Company aspires to advance India’s 5G transition through infrastructure development and product innovation, leveraging its own R&D capabilities, collaborating with global technology leaders and supply of locally manufactured products across the world. · The Company is geared up to capitalise on ambitious projects launched by honourable Prime Minister of India to strengthen the nation’s broadband connectivity and fibre footprint. · While focussing on long-term business growth, the Company is committed to environmental sustainability, social well-being and ethical business practises. · During FY22, HFCL decided to expand its Optical Fibre and Optical Fibre Cable manufacturing capacities. The expansion is to be completed by FY24 with an overall capital outlay of INR 550 crores. · GreenField Capacity Expansion: HFCL is also setting up a dedicated facility for its defence equipment which will be in line with – ‘Make in India’. |
| Details of joint ventures or details of the joint venture you are planning to set up with a firm in the near future: | · The company has two associates – Nimpaa Telecommunications Private Limited – Associate w.e.f. June 14, 2021 – BigCat Wireless Private Limited – Associate w.e.f. November 12, 2021. |
Source: Annual Report
KEC International Limited
Building Infrastructure for the World of Tomorrow
| Year of establishment : | 1945 |
| Headquarter/Branch locations: | |
| Headquarter : | Mumbai, Maharashtra |
| Branches : | Bengaluru, Chennai, Gurugram, Hyderabad, Kolkata, Pune, Vadodara |
| Number of manufacturing facilities and locations: | Unit 1 : Vadodara, Gujarat Unit 2 : Mysore, Karnataka |
| Number of employees: | 9,114 |
| Production capacity (Product wise): | |
| Power Cables : | 40,000 km per annum |
| Instrumentation Cables : | 3,600 km per annum |
| Optical Fibre Cables : | 8 lakh fibre km per annum |
| Copper Telecom Cables : | 6 lakh conductor km per annum |
| Catenary Conductors : | 2,040 MTPA |
| Contact wire : | 3,240 MTPA |
| Product portfolio and applications: | · Power Cables: Extra High Voltage (66 kV to 220 kV); High Voltage (3.3 kV to 33 kV); and Low Voltage (up to 1.1 kV) · Control & Instrumentation Cables: Control Cables (1.1 kV) and Instrumentation Cables (up to 1.1 kV) · Railway Cables & Conductors: Contact and Catenary Wires; Cu-Ag Contact Wire; Railway Signalling Cables; Quad Cables; Cables for Metro Rail & Tunnelling projects; Dropper, Jumper & Feeder wires; and Earthing Conductors (AEC, BEC, and ACSR) · Telecom Cables: Optic Fibre Cables / ADSS Cables / PIJF Cables; LSZH Sheathed Cables; and CATV Cables · Special Cables: Solar Cables; CPR Compliant FR Cables; 110°C FR Cables; Lead Sheathed LT Power and Instrumentation Cables; Nylon Sheathed Termite Resistant Cables; Hybrid Cables; Mining Cables; Cathodic Protection Cables; Concentric Cables; and Submersible Cables. |
| Financials: | |
| Turnover : | 2021-22: INR 15,240 mn 2020-21: INR 10,620 mn |
| Growth Rate (turnover) : | 44% |
| Net Worth : | INR 36,200 mn |
| Market Capitalization : | INR 97,420 mn (as on March 31, 2022) |
| CSR activities undertaken: | · Swayam Health: Vocational skills training for entry level job roles in healthcare industry. · Swayam Drive: Two-wheeler riding training to secure employment as a delivery executive. · Swayam Skills: Skills training for micro-entrepreneurs to support their income-generating skills or trades. · Swayam Digital: Vocational training on digital skills such as Hardware, Networking, Digital Marketing, Data Entry Operator, etc. · Swayam Construction: Vocational skills training for entry level jobs in high demand infrastructure sectors, for roles such as Construction worker, Electrician, Mason, Carpenter, Scaffolder, Rigger, Welder, etc. · Pehlay Akshar Schooling: Functional English classes imparted to children through various offline and online modes (TV-DD Program, A-Story-A-Day Campaign, YouTube, etc.). · Pehlay Akshar Training – Capacity building of government school teachers and helping them create ‘Magic Classrooms’ – safe learning environment for school children and effective classes. · Heritage: Upliftment and revival of sites, which are of historical significance. |
| New developments since 2021: | · The Cables business delivered a quantum leap in revenue during the year and achieved a growth of 44% along with significant improvement in profitability, on the back of higher sales in Power cables and Railway cables segment and increased efficiency in manufacturing and procurement. · Achieved 100% growth in Railway cable orders in FY22. · Delivered a growth of 45% in LT cable segment in FY22 as compared to FY21. · Exported cables and cabling solutions to 35 countries across the globe, including 7 new countries. · Established Railway Cables and Conductors manufacturing unit at Vadodara, for a suite of products to cater to electrification of Indian Railways, in line with modernization and High-Speed Rail programs of Govt of India. · Diversified its client base and successfully executed prestigious projects for major Metro Rail applications and tunnel electrification & ventilation projects. · Partnered with premier EPC companies and bespoke industries for projects in sectors such as Steel, Oil & Gas, Cement, and Tyres. · Increased penetration in the EHV segment through several prestigious orders, including an order for supplying 220 kV EHV cables for a data centre. · Continued thrust on new product development and developed new products for the Railway segment. · Developed and commercialised Type2 All Dielectric Self Support (ADSS) which are used for laying of OFC cables on power lines. · Commercialised a wide range of cables, which include new varieties of contact wires, catenary conductors, feeder, jumper, and dropper wires, railway OFC cables, and Quad cables for Railway applications. · Launched Hybrid cables and commenced supplies to utilities. · Received approval for manufacturing LV & MV multicore mining cables and signalling power cables. · In-house R&D centres in Vadodara & Mysuru manufacturing facility received recognition from Department of Scientific & Industrial Research (DSIR), Ministry of Science & Technology, Government of India. · Established state-of-the-art Customer Experience Centre in Vadodara to facilitate customer interface including inspections. · Vadodara manufacturing facility presented with an award in Engineering category at the India Manufacturing Excellence Awards 2021, recognising our superior manufacturing capabilities. |
| Product/brand launches since 2021: | · RPG CABLES is now rebranded as ASIAN CABLES. · Contact & Catenary conductors, Signalling cables, Quad cables, Contact wire, Dropper, Jumper & Feeder wires, OFC cables, Earthing conductors, Hybrid cables, Type2 All Dielectric Self Support (ADSS), and 220 kV 2,500 sq mm EHV cable. |
| Market served (domestic/ exports in %) and countries served: | · Domestic: 90% · Exports: 10% (35 countries) |
| No. of EPC contracts undertaken/ongoing with respective locations: | 12 ongoing underground cabling EPC contracts in domestic and international locations |
| Market footprint: | · Dealers / Channel Partners – Domestic: 40+ – International: 10 |
V-Guard Industries Limited
Bring Home a Better Tomorrow
| Year of establishment : | 1996 |
| Headquarter/Branch locations: | |
| Headquarter : | Kochi, Kerala |
| Branches : | 32 Branch Offices |
| Number of manufacturing facilities and locations: | 9 Units Located at Coimbatore, Tamil Nadu; Perundurai, Tamil Nadu; Kashipur, Uttarakhand; Kala Amb; Himachal Pradesh; Rangpo, Sikkim; Mamring, Sikkim; Haridwar, Uttarakhand; Pantnagar, Uttarakhand and Roorkee, Uttarakhand. Wiring and Cables are manufactured at Coimbatore and Kashipur units. |
| Number of employees: | 2,477 |
| Product portfolio and applications: | · Wires & Cables: House Wiring, Speaker Cables, Flame Retardant Flexible Cables, Flame Retardant Low Smoke (FRLS) & Flame Retardant Low Halogen (FRLH) Flexible Cables, Service Cables, Round Cables, Coaxial Cables, LAN Cables, Telephone Cables, Flat Submersible Cables, and CCTV Cables · Electronics: Stabilizers, Inverters, Batteries, Solar Power System · Electrical: Switchgears, Modular Switches, Pumps · Consumer durables: Solar &Electric Water Heaters, Fans, Air Coolers, Kitchen Appliances |
| Financials: | |
| Turnover : | 2021-22: INR 34,747 mn 2020-21: INR 26,990 mn |
| Growth Rate (turnover) : | 28.74% |
| Profit (EBITDA) : | 2021-22: INR 3,321.4 mn 2020-21: INR 3,065 mn |
| Growth Rate (EBITDA) : | 8.4% |
| Net Worth : | INR 14,025 mn |
| CSR activities undertaken: | · Healthcare: – COVID-19 Relief Measures – Included robust support to government hospitals, health institutions and the people at large, by providing ventilators, bio-medical equipment, PPE kits, masks, gloves and supportive medicine, among other essentials. Also, undertook a massive community vaccination drive across India during the year. – Ambulances for Rural Population – Provided ambulances to Nagaland, Kerala, and Himachal Pradesh with the aim of enabling emergency medical attention for rural people. – Disability Care Project – Implemented a comprehensive community-based disability care project during the year by providing corrective surgeries, aid and appliances. · Education & Skill Development: – Smartphones for Remote Learning – Provided children from the disadvantaged sections of the society with Smartphones to facilitate their education in amid the pandemic-triggered lockdowns. – School Support Program – Government schools in Jammu, Uttarakhand, Karnataka, UP, Maharashtra, and Kerala were supported by the project, which involved construction of various facilities. – Tarang Skill Development Project – Provided youth with training in the electrical sector, and facilitating their placement. This youth skill development project is a residential skill development program, under which classroom training and on-the-job training is given to unemployed youth in the electrical and electromechanical sectors. – Navdharshan – Provide quality school education, along with therapeutic support and vocational training, to children. · Environment Conservation: Initiated several awareness programs during the year in Odisha, Bengal and Rajasthan. Also, the Company conducted tree plantation drives in these states. In Delhi, an air purification device was installed to support the state’s efforts to minimize air pollution. |
| New developments since 2021: | · The Company’s Electricals segment grew by 32.6% during FY 22 and contributed 45.9% to total revenue. · Project Disha was commissioned to drive a structured approach for penetrating existing territories (extraction) and expanding into new ones (expansion). · During the year, V-Guard completed the Phase 1 off Project Neev, aimed at strengthening some of the fundamental pillars of sales and marketing function. · Rishta Program, Pragati Program, VIP V-Guard Instore Promoter Program, Retail Universe Mapping (RUM) were multiple programs which saw considerable progress in a way where the company made growth trajectory to implement transformation. · Smart investments were made during the year for brand building and increasing shift towards digital marketing. · A dedicated and focused team was created, who collaborated cohesively across units to drive Manufacturing Excellence(ME) agenda for faster adoption of ME principles during the year. · V-Guard was recognized in the Forbes Asia’s Best Under A Billion 2021 List.The Company won the Ambition Box Best Places to Work in India 2021 in the Mid-Sized Companies category. Kashipur Factory of WCD won the Par Excellence and Excellence Awards at the 46th International Convention on Quality Control Circles (ICQCC-2021). · The first plant as part of the VCPL subsidiary has recently started operations with manufacturing of stabilizers and Digital UPS in Pantnagar, Uttarakhand, and commercialized the unit in March 2022. · Performed cost optimization activities in running models by: efficient thermal management, synchronized relay switching technology, transformer design optimization, and packaging design optimization. · Initiated development of BOM and change management system through Product Life Cycle Management Platform. · Introduced on-grid solar system. |
| Product/brand launches since 2021: | · The company launched a total of 377 new SKUs during the year to expand their product portfolio to address the needs of neo customers. · The Company formed V-Guard Consumer Products Limited (VCPL), as wholly-owned subsidiary, for focusing more on manufacturing and development activities and achieving manufacturing excellence. · VCPL is engaged in the business of manufacturing and selling of various electronics, electricals and consumer durables. All manufacturing units planned by the Company in respect of various product categories will be set up under VCPL. In-house PVC development to meet the Termite & Rodent repellent house wiring cables. · Developed ROHS (Restriction of Hazardous Substances) technology and Halogen Free Flame Retardant (HFFR) in house wiring cables. · Introduction of Outdoor wires & fixed installation segment. · Launched various consumer durables like Sol SMART series of Solar Power System, Modular solar water heaters, the unbreakable PC lid-equipped AG754 plus series of mixer grinders, AquaSmart + Pump, the Enviro-32 fan, Envibe 12D4 Router UPS, New Cooktops (Matteo 2B, 3D), Water Purifiers, Kitchen Hoods. |
| Market footprint: | · Retail Channel Partners: 50,000+ |
| Future targets: | · The focus will be on investments in capacity augmentation, along with growing the national presence, to harness the opportunities ahead for which the company plans to invest INR 200 crores in capacity augmentation over next three fiscal years. · By second quarter of FY23, the company targets to start the production of inverters too. · By second quarter of FY23, the company is expecting several new products to begin flowing in the fast charging battery technology space across the Stabilizers, UPS and even Consumer Durables product categories and the company is hopeful of the sample battery pack being delivered to them for testing and evaluation. · There will also be the major focus on improving the portfolio as well as the competitiveness in terms of aesthetics, efficiency, cost, and margins. |
| Details of joint ventures or details of the joint venture you are planning to set up with a firm in the near future: | · In December 2021, the Company announced the strategic acquisition of Simon Electric Private Limited (SEPL) from SIMON, SA. This will provide the Company the access to product capabilities in premium and super premium ranges and also a ready manufacturing facility which will bring cost competitiveness. · As on March 31, 2022, the Company’s investment in Guts Electro – Mech Ltd., which is engaged in the business of manufacture and supply of MCB & RCCB, continues at 74%. |
Source: Annual Report
Paramount Communications Limited
Expanding Horizons Delivering Growth
| Year of establishment : | 1994 |
| Headquarter/Branch locations: | |
| Headquarter : | New Delhi |
| Number of manufacturing facilities and locations: | Unit 1 : Alwar, Rajasthan Unit 2 : Rewari, Haryana |
| Number of employees: | 254 |
| Product portfolio and applications: | · Power Cables: Low Tension (LT) and High Tension (HT) Power Cables; LT and HT Aerial Bunch Cables; Control Cables; and Instrumentation Cables · Railway Cables: Signalling Cables; Railway Power Cables; and Axle Counter Cables · Telecom Cables: Optical Fiber Cables (OFC); Fiber to the Home (FTTH) Cables; Jelly Filled Telephone Cables (JFTC); and CATV Cables · Domestic Wires & Cables: Building Wires; Submersible Cables; Multi-Core Cables; and Coaxial & LAN Cables · Special Products: PTFE and Thermocouple Cables; Fire Survival Cables; and Solar Cables · Specialized Turnkey Services: Telecom Consultancy and Turnkey; Power and Railway Turnkey Projects; and Specialized Projects: OPGW & Submarine Cables Installation & Repair |
| Financials: | |
| Growth Rate (turnover) : | 12% |
| Profit (EBITDA) : | 2021-22: INR 241.6 mn 2020-21: INR 192.2 mn |
| Growth Rate (EBITDA) : | 25.7% |
| Net Worth : | INR 2,017.4 mn |
| Market Capitalization : | INR 1,893.3 mn |
| Turnover : | 2021-22: INR 5,809 mn 2020-21: INR 5,190 mn |
| CSR activities undertaken: | · The Company has focused on several corporate social responsibility programmes like Empowering Children and Women, Promoting Health & Sanitation, and Nurturing. · Communities and COVID-19 vaccination drives. |
| New developments since 2021: | · New Approval for cable manufacturing up to 66kV as per IS 7098: Part 3. |
| Market served (domestic/exports in %) and countries served: | Australia, Bangladesh, Chile, Ghana, Iraq, Libya, Myanmar, Nepal, Nigeria, Qatar, Sri Lanka, Singapore, Spain, Tanzania, UAE, UK, USA, and Zambia. |
| Market footprint: | · Dealers: 153 · Distributors: 102 · Retailers: 415 · 1500+ counters across India |
| Future targets: | To leverage our domestic market position with pre-qualification credentials, expansion of export markets, and focus on fast growing real estate market in India. |
Dynamic Cables Limited
Promoting Value Engineering
| Year of establishment : | 1986 |
| Headquarter/Branch locations: | |
| Headquarter : | Jaipur, Rajasthan |
| Branches : | Delhi, Mumbai, Chennai, Bengaluru, Vadodara, Kolkata, and Hyderabad |
| Number of manufacturing facilities and locations: | 2 Units at Jaipur, Rajasthan 1 Unit at Reengus, Rajasthan |
| Production capacity (Product wise): | Unit 1: 3510 km/month Unit 2: 45550 km/month Unit 3: 1410 km/month |
| Product portfolio and applications: | · LT Polyvinyl Chloride (PVC) and Crosslinked Polyethylene (XLPE) Power & Control Cables, HT & LT Crosslinked Polyethylene (XLPE) Aerial Bunched Cables, XLPE UG Power Cables, ALL Aluminium Conductors (AAC), ALL Aluminium Alloy Conductors (AAC), Aluminium Conductor Steel Reinforced (ACSR) Conductors & Bare Copper Conductors and PVC Insulated, Underground, Screened/Unscreened, Armoured/Unarmoured/DST Armoured Power Cables, Single Core/Multi Core Signalling, Telecom Screened/Unscreened, /Armoured/ Unarmoured Quad Cables for Railways Indoor/Outdoor Signalling use and Medium Voltage Covered Conductor (MVCC). · LV Power Cables, Power Cables, Copper Control Cables, Mining Cables, Flat Cables, LV Aerial Bunched Cables, MV Aerial Bunched Cables, Flexible Multi Core Cables, Solar Cables, EV Charging Cables, Medium Voltage Covered Conductor (MVCC), ALL Aluminium Conductors (AAC), ALL Aluminium Alloy Conductors (AAC), Aluminium Conductor Steel Reinforced (ACSR) Conductors & Bare Copper Conductors. |
| Financials: | |
| Turnover : | 2021-22: INR 5,635.64 mn 2020-21: INR 3,421.11 mn |
| Growth Rate (turnover): | 64.73% |
| Profit (EBITDA) : | 2021-22: INR 598.40 mn 2020-21: INR 256.28 mn |
| Growth Rate (EBITDA) : | 133.5% |
| Net Worth : | INR 1,476.21 mn |
| CSR activities undertaken: | · Promoting education: – Construction of School Blocks, Classrooms, and Toilets: Projects implemented through Round Table India, a trust working to aid and organise activities having the objects of relief to the poor, handicapped and the under privileged, education, medical relief or advancement of other objects of general public utility & a motto of freedom through education. – Construction of School and Hostel Facility: Projects implemented through Vandan Institute of Rehabilitation & Research, an institute working for mentally retarded, autism, cerebral palsy, hearing handicapped & multiple disability by training the students through special education, vocational training, music therapy, Reiki, computer training, and concept training. – Providing assets to schools: Project implemented directly by the company. · Ensuring environmental sustainability: CSR Initiatives at different locations for environment sustainability were implemented by the company. · Promoting healthcare: The initiatives to promote healthcare were implemented directly by the company. |
| New developments since 2021: | · Registration with a few Indian leading companies. · Enhanced presence in the eastern region. · Purchased corrugation line for 66kV is under process. · A dedicated MVCC line is also under process. |
| Product/brand launches since 2021: | · MVCC · 66kV Cables |
| Market served (domestic/exports in %) and countries served: | Domestic: 89% Export: 11% Countries Served for Exports: 42 Countries |
| No. of EPC contracts undertaken/ongoing with respective locations: | There are about 100 EPC contracts which are undertaken and are ongoing. |
| Market footprint: | Number of Dealer/ Distributors/Retail outlets (Domestic & International) are being nominated and tied-up. |
| Future targets: | · The order booking target in FY 2022-23 is set to be INR 1200 cr. · Also, the Company intends to achieve the sales of INR 800 Cr in the FY 23. · The Company also plans to attain the certifications like BASEC, UL APPROVAL, and other important approvals. |
| Details of joint ventures or details of the joint venture you are planning to set up with a firm in the near future: | · Discussions on pre-bid tie-ups with some reputed EPC contractors in India are being worked out. · Also, the Company is under discussions for some JV with a Leading Cable manufacturer for their Indian and overseas projects. |
Chandresh Cables Limited: Avocab
Safe Rakhega, Mast Chalega
| Year of establishment : | 1988 |
| Headquarter/Branch locations: | |
| Headquarter : | Ahmedabad, Gujarat |
| Branches : | Mumbai, Delhi, Chennai, Bengaluru, Hyderabad, Vadodara, Pune, and Surat |
| Number of manufacturing facilities and locations: | 3 Units in Gujarat |
| Number of employees: | 400 |
| Production capacity (Product wise): | |
| Power Cables : | 12,000 km |
| Control & Instrumentation Cables : | 15,000 km |
| Flexibles : | 15 Lakhs Meters |
| Actual production in the last 2 years (Product wise): | Running at 100% |
| Product portfolio and applications: | Electrical Power Cables (up to 22kV); Control & Instrumentation Cables; House Wires; Solar Cables; Flexible Cables; Flat Cables; Copper Conductors; Fire Survival Cables; Paper Insulated Copper Conductors; Copper Strips; and PV Ribbons. |
| Financials: | |
| Turnover : | 2021-22: INR 5,500 mn 2020-21: INR 4,000 mn |
| Growth Rate (turnover) : | 37% |
| Growth Rate (EBITDA) : | 8% |
| CSR activities undertaken: | · The Company is actively involved in various social initiatives including the development of hospitals during COVID-19 and donation of oxygen machines. · Chandresh Foundation is involved in helping the poor and aged through our various activities and interventions. |
| New developments since 2021: | · Initiated manufacturing of cables up to 66kV. · Started manufacturing of copper products like PICC, Copper Strips, and PV Ribbons. |
| Product/brand launches since 2021: | AVOCAB Branded FRLSZH Wires, Customized Circuit Integrity Cables, and Copper Products. |
| Market served (domestic/exports in %) and countries served: | |
| Domestic: | 80% |
| Exports: | 20% (Including Africa, the Middle East, and South East Asian Countries) |
| Market footprint: | More than 100 dealers pan India |
| Future targets: | Clock revenues of INR 1000 Cr and have a retail presence in more than 1000 outlets. |
Cords Cable Industries Limited
Providing Quality Products and Services to the Customers in Time
| Year of establishment : | 1991 |
| Headquarter/Branch locations: | |
| Headquarter : | New Delhi |
| Branches : | Mumbai, Hyderabad, Chennai, Kolkata, Bangalore, Ahmedabad, Chandigarh, and Indore |
| Number of manufacturing facilities and locations: | 2 Units in Alwar, Rajasthan |
| Number of employees: | 530 |
| Production capacity (Product wise): | |
| 2021-22 | Plant 1 & 2 : 65,000 km |
| 2020-21 | Plant 1 & 2 : 60,000 km |
| Actual production in the last 2 years (Product wise): | |
| 2021-22: | Capacity Utilization : 73% Sales Breakup – C&I : 74%; Power : 26% |
| 2020-21: | Capacity Utilization : 55% Sales Breakup – C&I : 78%; Power : 22% |
| Product portfolio and applications: | LV Power, Control, Instrumentation, Flexible wires & cables, Specialised Thermocouple Heat Resistant and Fire Survival cables, Railway Signalling, Balise Cables, and Other Specialsed Cables |
| Financials: | |
| Turnover : | 2021-22: INR 4,379.92 mn 2020-21: INR 3,233.70 mn |
| Growth Rate (turnover) : | 35% |
| Profit (EBITDA) : | 2021-22: INR 382.14 mn 2020-21: INR 347.31 mn |
| Growth Rate (EBITDA) : | 10.03% |
| Net Worth : | INR 1,520.73 mn |
| Market Capitalization : | INR 920 mn (as on 11.11.2022) |
| CSR activities undertaken: | · Sansthanam Abhay Daanam Upliftment of Bird and Animal life for ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare agro forestry. · Artificial Limbs (Rotarry Viklang Kendra) for promoting health care. |
| New developments since 2021: | · Expansion in Power cable capacity. · Development of Quad cable for railway signalling sector. · Specialised cables for Metro Railway |
| Product/brand launches since 2021: | Quad cable and Balise cable for Railway protection system. |
| Market served (domestic/exports in %) and countries served: | Domestic: 80% Export: 20% Export markets are Middle East countries, European countries, and African Countries. |
| Market footprint: | · Dealers / Distributors: – Domestic: 20 – International: 5 |
| Future targets: | To increase top line substantially by adding new products, market segments, and capacity expansion. |
