Top 10 Cables companies in India 2024

Cables companies specialize in the manufacturing and distribution of electrical and communication cables and wires. These companies produce a wide range of products, including power cables, control cables, fiber optic cables, and telecommunication wires. They serve various industries such as construction, automotive, telecommunications, and energy. Leading companies in this sector focus on innovation, quality, and compliance with international standards to ensure reliable and efficient transmission of electricity and data. They often provide customized solutions and technical support to meet the specific needs of their clients.

The wire and cable industry in India plays a crucial role in powering the infrastructure of the country. It plays a vital role in the transmission of electricity and communication, and it is constantly evolving to meet the growing demands of the Indian economy. In this blog post, we will explore the top 10 wire and cable companies in India, provide an overview of the industry, and discuss factors contributing to its growth.

Top Cables Companies List by Market Capitalisation

India's cable industry plays a critical role in the country's infrastructure, industrial, and domestic sectors. Here are the top 10 cable companies in India known for their quality products and significant market presence:

1. Polycab India

• Market Cap: ₹ 101049.28 Cr.
• Sales (latest quarter): ₹ 5591.9 Cr.
• Net Profit (latest quarter): ₹ 553.47 Cr.
• Quarterly profit growth: 28.46 %
• Exchange: BSE, NSE

Polycab Wires Private Limited is a leading cables manufacturer in India. The company offers a wide range of cables, including power cables, control cables, and data cables. Polycab Wires is known for its high-quality products and reliable services. With a strong presence across the country, the company caters to various sectors, including infrastructure, power, and telecommunications.

Polycab India is a leading electrical equipment manufacturer in India. The company specializes in cables and cable fittings, offering a wide range of products for both residential and industrial purposes. With a diverse product portfolio and a strong commitment to quality, Polycab India has become a key player in the industry.

Polycab India was established in 1988 in Navi Mumbai, India. The company started its operations as a manufacturer of electrical cables and soon expanded its product portfolio to include cable fittings and lighting solutions. Over the years, Polycab India has built a strong reputation for quality and customer satisfaction, establishing itself as a major player in the electrical industry.

Products

Polycab India offers a wide range of products to cater to different customer needs. Some of the key product categories offered by the company include:

• Cables: Polycab India manufactures a wide range of cables, including power cables, control cables, and communication cables. The company offers both standard and customized cables to meet the specific requirements of its customers.
• Cable Fittings: Polycab India also manufactures a comprehensive range of cable fittings, including connectors, plugs, and sockets. These fittings are designed to provide a secure and reliable connection between cables, ensuring efficient and reliable power transmission.
• Lighting Solutions: In addition to cables and fittings, Polycab India offers a wide range of lighting solutions. The company manufactures LED lights, floodlights, and lighting fixtures for both indoor and outdoor applications.
• Wires and Wire Harnesses: Polycab India also manufactures wires and wire harnesses for various applications. These products include electrical wiring, wiring harnesses for automobiles, and customized wire solutions.

Also See: Top 10 Wire Company in India 2024

2. KEI Industries

• Market Cap: ₹ 36944.88 Cr.
• Sales (latest quarter): ₹ 2319.28 Cr.
• Net Profit (latest quarter): ₹ 168.79 Cr.
• Quarterly profit growth: 22.21 %
• Exchange: BSE, NSE

KEI Industries is a global leader in the manufacturing and engineering industry. With a strong presence in various sectors, such as automotive, electronics, and renewable energy, KEI Industries has established itself as a reliable and innovative partner.

KEI Industries was founded in 1968 by a group of visionary entrepreneurs. With a commitment to quality and customer satisfaction, the company quickly expanded its operations and became a major player in the global market.

Products and Services

KEI Industries offers a wide range of products and services to meet the diverse needs of its customers. Some of the key product offerings include:

• Automotive Components: KEI Industries is a trusted supplier of automotive components, including lighting systems, braking systems, and vehicle electronics.
• Electronics: The company specializes in manufacturing electronic components, including sensors, circuit boards, and semiconductors.
• Renewable Energy: KEI Industries is actively involved in developing and deploying renewable energy solutions, including solar and wind power systems.
• Engineering Services: KEI Industries also provides engineering services, including design, prototyping, and testing.

Also See: Top 10 Battery Companies in India

3. Finolex Cables

• Market Cap: ₹ 22113.8 Cr.
• Sales (latest quarter): ₹ 1401.02 Cr.
• Net Profit (latest quarter): ₹ 146.22 Cr.
• Quarterly profit growth: 8.65 %
• Exchange: BSE, NSE

Finolex Cables is a leading player in the cable industry in India. The company offers a wide range of cables and wires that meet the diverse requirements of various sectors such as electrical, telecommunications, and construction. With a commitment to innovation and quality, Finolex Cables has gained a reputation for its reliable and trusted products.

Product Range

Finolex Cables offers a wide range of cables and wires to cater to various industries and applications. Some of its products include:

• Electric Cables: Finolex Cables manufactures a wide range of electric cables, including power cables, control cables, and instrumentation cables. These cables are designed to meet the specific requirements of different electric systems and ensure safe and reliable operations.
• Telecommunications Cables: Finolex Cables offers a comprehensive range of telecommunications cables, including coaxial cables, fiber optic cables, and twisted pair cables. These cables are specifically designed for efficient data transmission and connectivity in telecommunications networks.
• Building Wires: Finolex Cables manufactures building wires for residential and commercial construction projects. These wires are designed to provide reliable electrical distribution and ensure the safety of the occupants.
• Solar Cables: Finolex Cables specializes in manufacturing solar cables, which are specifically designed for connecting solar photovoltaic systems. These cables are robust and weatherproof, ensuring uninterrupted power transmission even in harsh weather conditions.

Also See: Top 10 Consumer Durables Companies In India

4. R R Kabel

• Market Cap: ₹ 19407.17 Cr.
• Sales (latest quarter): ₹ 1754.07 Cr.
• Net Profit (latest quarter): ₹ 78.47 Cr.
• Quarterly profit growth: 21.43 %
• Exchange: BSE, NSE

R R Kabel is a leading provider of cable and wire products. With a strong commitment to quality and innovation, R R Kabel offers a wide range of products that meet the diverse needs of customers in various industries.

R R Kabel was founded in 1985 and has since grown to become a major force in the cable and wire industry. The company's founders recognized the need for high-quality and reliable cables and wires, and they set out to establish a brand that would provide innovative solutions to meet customer demands.

Products

R R Kabel offers a wide range of products, including:

• Cables and Wires: R R Kabel manufactures a wide range of cables and wires, including power cables, coaxial cables, Ethernet cables, and more. Their products are designed to provide optimal performance and durability in various applications.
• Connectors and Adapters: R R Kabel also offers connectors and adapters that are compatible with their cables. These accessories help simplify the installation process and ensure a secure connection between devices.
• Cable Management Solutions: R R Kabel understands the importance of organized and efficient cable management. Their product line includes cable trays, cable conduits, and cable management solutions that help organize and route cables in an efficient and safe manner.
• Wire Harnesses: R R Kabel specializes in designing and manufacturing wire harnesses for various applications. Their harnesses are custom-built to meet the specific requirements of each customer, ensuring optimal functionality and performance.

5. Sterlite Tech.

• Market Cap: ₹ 6143.19 Cr.
• Sales (latest quarter): ₹ 1140 Cr.
• Net Profit (latest quarter): ₹ -82 Cr.
• Quarterly profit growth: -203.75 %
• Exchange: BSE, NSE

Sterlite Tech is a leading technology company specializing in providing innovative solutions in the field of telecommunications and data management. With a strong focus on delivering cutting-edge products and services, Sterlite Tech has become a trusted partner for various organizations worldwide.

Sterlite Tech was founded in 1985 and has since grown to become one of the largest providers of telecommunications infrastructure in India. The company's initial focus was on optical fiber cable manufacturing, but it has expanded its portfolio to include a wide range of products and services.

Products and Services

Sterlite Tech offers a wide range of products and services to cater to the needs of organizations across different industries. Some of its key offerings include:

• Fiber Optic Cable: The company manufactures and supplies high-quality optical fiber cables for various applications, including telecommunications, data centers, and smart cities.
• Data Center Solutions: Sterlite Tech offers comprehensive data center solutions that include design, implementation, and management services.
• Network Solutions: The company provides scalable and reliable network solutions that enable efficient data transmission and connectivity.
• Smart City Solutions: Sterlite Tech offers smart city solutions that integrate various technologies, such as IoT, data analytics, and AI, to improve efficiency, sustainability, and quality of life in urban areas.
• IoT Solutions: Sterlite Tech helps organizations leverage the Internet of Things (IoT) by providing IoT platforms, connectivity solutions, and data analytics services.

6. Diamond Power Infrastructure Ltd

• Market Cap: ₹ 5061.06 Cr.
• Sales (latest quarter): ₹ 134.41 Cr.
• Net Profit (latest quarter): ₹ 14.42 Cr.
• Quarterly profit growth: 188.99 %
• Exchange: BSE, NSE

Diamond Power Infrastructure Limited is an Indian power products & services manufacturer. Established in 1980, Diamond Power Infrastructure Ltd has a rich history of delivering world-class power projects. Over the years, the company has successfully executed numerous projects and has gained a reputation as one of the most reliable players in the energy market.

7. Paramount Comm.

• Market Cap: ₹ 2341.74 Cr.
• Sales (latest quarter): ₹ 323.37 Cr.
• Net Profit (latest quarter): ₹ 29.49 Cr.
• Quarterly profit growth: 113.7 %
• Exchange: BSE, NSE

One of India's leading wire and cable manufacturers is Paramount Communications Ltd, part of the Paramount Cables Group.

Over the past six decades, the company has built up a portfolio that includes HV & LV Power Cables, Optical Fiber Cables, Telecom Cables, Railway Cables, Specialised Cables, Instrumentation & Data Cables, Fire Survival Cables, etc. Our clientele includes government, institutional, and major private sector organizations, both national and international, in the fields of Power, Telecom, Railways, IT and Communication, Construction, Defence, and Space Research.

With a commitment to manufacturing excellence, technological advancement, and customer satisfaction, Paramount strives to provide its customers with total cabling solutions.

8. Universal Cables

• Market Cap: ₹ 2122.53 Cr.
• Sales (latest quarter): ₹ 580.33 Cr.
• Net Profit (latest quarter): ₹ 48.57 Cr.
• Quarterly profit growth: 18.29 %
• Exchange: BSE, NSE

In 1962, Shri M.P. Birla, the then Chairman of Universal Cables Limited (UCL), established a modern plant to manufacture paper-insulated cables. The Company has achieved a world-class reputation since then.

A leader in the Indian Cable Industry, UCL offers the widest range of products. Cable division products are very diverse. To meet the needs of customers, it includes low voltage, medium voltage, and extra high voltage/flexible standards. "UNISTAR" is the brand name of the company's cables and capacitors.

In order to meet the growing demand for Extra High Voltage Cables (220 kV and above), UCL has already entered this market segment. UCL has adopted the VCV process at its Satna Plant in technical collaboration with Furukawa Electric Co., Ltd., Japan. Cable design, manufacture, laying, jointing, testing, and installation are all covered by the technical collaboration.

For sourcing new generation cable jointing accessories for 220 kV and above, UCL has also partnered with Viscas Corporation, Japan (Power Cable Alliance of Furukawa & Fujikura).

We have a full-fledged EPC division to execute Turnkey Contracts for various utilities and projects in addition to manufacturing electrical cables for a wide range of applications.

By doing this, UCL is positioning itself as a complete solution provider for EHV underground power cable transmission systems up to 500 kV, including designing, manufacturing, laying, jointing, and installing.

9. Dynamic Cables

• Market Cap: ₹ 1204.18 Cr.
• Sales (latest quarter): ₹ 240.91 Cr.
• Net Profit (latest quarter): ₹ 13.77 Cr.
• Quarterly profit growth: 37.98 %
• Exchange: BSE, NSE

Dynamic Cables LTD is a leading manufacturer and distributor of high-quality cables and connectors. With a strong focus on innovation and customer satisfaction, we strive to deliver reliable products that meet the ever-evolving needs of our customers.

Established in 2014, Dynamic Cables LTD has grown to become a trusted name in the cable industry. Our humble beginnings started with a small team focused on designing and manufacturing custom cables for a diverse range of industries. Over the years, we have expanded our product range and partnered with renowned brands to meet the increasing demands of our customers.

Products

At Dynamic Cables LTD, we offer a comprehensive product portfolio designed to meet the needs of various industries. Our products include:

• Cables and Connectors: We specialize in manufacturing a wide range of cables and connectors, including audio/video cables, Ethernet cables, USB cables, and power cords. Our products are designed to provide optimal performance and withstand the demands of modern applications.
• Wires and Cable Assemblies: In addition to cables, we also provide custom wire and cable assemblies. Our skilled engineers work closely with customers to design and fabricate cables that meet their specific requirements.
• Accessories: To complement our cables, we offer a range of accessories, including cable management products, adapters, and connectors. These accessories help organize and protect your cables, ensuring a neat and tidy installation.

10. Birla Cable

• Market Cap: ₹ 696.44 Cr.
• Sales (latest quarter): ₹ 174.72 Cr.
• Net Profit (latest quarter): ₹ 1.46 Cr.
• Quarterly profit growth: -88.73 %
• Exchange: BSE, NSE

Birla Cable Limited is a leading cable manufacturer in India. The company offers a wide range of cables and wires to cater to different industries and applications. With a strong presence in the market, Birla Cable Ltd is committed to providing high-quality products and exceptional customer service.

Birla Cable Limited was established in 1983 and is a part of the prestigious Birla Group, known for its strong industrial and financial background. The company has made significant strides in the cable industry and has gained a reputation for its advanced technology and innovative solutions.

Product Range

Birla Cable Ltd offers a diverse range of cables and wires to cater to various needs. Some of the key products offered by the company include:

• Power Cables: Birla Cable Ltd manufactures power cables suitable for various applications, including power transmission and distribution, construction, and infrastructure projects.
• XLPE Cables: The company specializes in manufacturing XLPE cables, which are robust and resistant to electrical and mechanical damages. These cables are widely used in various industries, including power, telecommunications, and industrial sectors.
• Control Cables: Birla Cable Ltd manufactures control cables, which are designed for controlling equipment in industrial and automation applications. These cables ensure reliable transmission of electrical signals and withstand harsh environmental conditions.
• Instrumentation Cables: Birla Cable Ltd produces instrumentation cables for connecting measurement and control equipment in industries such as petrochemical, pharmaceutical, and oil & gas. These cables provide accurate and reliable signal transmission.
• Optical Fiber Cables: Birla Cable Ltd manufactures optical fiber cables, which are essential for data transmission in telecommunications networks. The company offers a wide range of optical fiber cables, including single-mode and multi-mode cables, to meet different requirements.

Conclusion

In conclusion, the wire and cable industry in India plays a vital role in powering the infrastructure of the country. The top 10 companies in the industry are at the forefront of driving innovation and delivering high-quality products. With a growing economy and increasing demand for power, communication, and technology, the industry is poised for further growth and expansion.