Orient Cables (India) Ltd
Orient Cables is a manufacturer of networking cables and passive networking equipment with nearly two decades of experience, serving industries including broadband, telecommunications, data centres, renewable energy, and automotive. The company was among the top four networking cable players in India with approximately 22.9% market share in Fiscal 2026.
Overview
About the Company
Orient Cables (India) Limited was incorporated in September 2005 and has established itself as a significant manufacturer of networking cables and passive networking equipment. The company operates three manufacturing facilities with two in Rajasthan and one in Karnataka, with an installed capacity of 895,776 km as of June 30, 2026. Its product portfolio encompasses CAT5, CAT5e, CAT6 and CAT6A networking cables, patch cords, CCTV and coaxial cables, instrumentation and control cables, power cables, optical fibre cables, fibre patch cords, keystone jacks, power strips and power cords. The company has expanded into specialized areas including E-beam irradiated specialty cables, solar junction boxes, tethered drone systems, cable harnesses, power cords and EV charging cables and guns, with its EV charging cables holding TÜV certification. The company serves a diverse customer base across telecom, broadband, data centres, renewable energy, e-mobility, FMEG, smart homes and offices, security and surveillance, railways, defence and aerospace sectors, with export markets including the Middle East and North America.
Company Details
📋 Objects of Issue (Use of Proceeds)
- › Funding capital expenditure requirements for purchase of machinery, equipment and civil works at manufacturing facilities (₹91.50 Cr)
- › Repayment or prepayment of certain outstanding borrowings availed by the company (₹155.50 Cr)
- › General corporate purposes (₹73.00 Cr)
✅ Strengths
- ✓ Long-standing customer relationships established over nearly two decades of operations
- ✓ Strategically located manufacturing facilities across Rajasthan and Karnataka
- ✓ Presence across diverse end-user industries including telecom, data centres, renewable energy and automotive
- ✓ Customized product development capabilities to meet specific customer requirements
- ✓ Established presence as one of the top four networking cable players in India with approximately 22.9% market share
- ✓ Focus on product innovation and new product development including EV charging solutions
- ✓ Diversified portfolio of networking and specialty cable products including TÜV certified EV charging cables
- ✓ Early mover advantage in organized domestic keystone jack manufacturing
- ✓ Broad market reach across India and export destinations including Middle East and North America
- ✓ Multiple global and domestic quality certifications including BIS, UL and CE
⚠️ Risks
- ! High supplier concentration without long-term supply agreements creating potential input cost volatility
- ! Top 10 customers account for over 84% of total revenue indicating significant customer concentration risk
- ! Uncertain market acceptance for planned new product line expansions including tethered drone systems
- ! Foreign anti-dumping duties and tariffs may reduce export competitiveness in key international markets
- ! Recent negative operating cash flows due to high working capital needs affecting liquidity
- ! Dependence on raw materials such as copper and polyvinyl chloride compounds subject to commodity price fluctuations
- ! Limited track record in some newer product segments like EV charging infrastructure