Orient Cables IPO Review, Financial Analysis & Valuation

In-depth editorial analysis, statutory financial disclosures, and peer valuation metrics to help you evaluate if the Orient Cables IPO is good or bad.

Business Overview

Orient Cables is one of the premier companies in terms of networking cables and passive networking equipment, as the company has been operating it for around 20 years. These are providing to advanced industries such as broadband, telecom, data centres, renewable energy, smart building automation/ security, system integration, FMEG, and automotive.

Financial Performance

Period EndedRevenueExpensePATAssets
2024₹664.98₹610.62₹40.07₹293.22
2025₹831.86₹760.15₹53.32₹427.19
2026₹1,181.67₹1,109.07₹53.56₹580.79
June 2026₹490.94₹446.44₹32.78₹743.19

Peer Comparison & Valuation

Compare the valuation of Orient Cables against its listed industry peers to determine if the issue price is justified.

CompanyEPSPE RatioRoNW %NAVIncome
RR Kabel Limited43.5354.8520.83%227.61– Cr.
Polycab India Limited177.5346.6924.58%805.50– Cr.
Finolex Cables Limited46.6726.2912.33%397.93– Cr.
Havells India Limited26.9542.6918.97%150.95– Cr.
KEI Industries Limited96.0948.9914.75%697.17– Cr.
Paramount Communications Limited1.9633.477.99%25.49– Cr.
Birla Cable Limited5.6363.546.33%93.63– Cr.
Sterlite Technologies Limited1.15708.382.63%46.46– Cr.

Should you apply for the Orient Cables IPO?

Determining whether the Orient Cables IPO is good or bad requires evaluating the company's financial growth trajectory, the sector's macroeconomic tailwinds, and the premium demanded by the promoters in the price band.

  • Review the PAT (Profit After Tax) margins in the financials table above to ensure profitability is not artificially inflated just before the IPO.
  • Examine the P/E Ratio in the peer comparison section. A lower P/E relative to industry peers may indicate an undervalued issue.
  • Monitor the QIB subscription data on the final day, as heavy institutional buying is a strong indicator of smart-money confidence.