Johnsoncab Electricals Ltd
Johnsoncab Electricals manufactures low-voltage wires and cables rated up to 1.1 kV for power infrastructure, renewable energy, railways, and industrial applications. The company markets its products under the JOHNSON CABLES brand.
Overview
About the Company
Johnsoncab Electricals Limited was incorporated on November 12, 2020, evolving from a partnership firm named M/s. Johnson Cables established in February 2012. The company specializes in manufacturing low-voltage wires and cables rated up to 1.1 kV, marketing its products under the JOHNSON CABLES brand. Its product range includes control cables, power cables, industrial single-core and multicore cables, house and building wires, welding cables, solar/photovoltaic cables, and submersible flat cables. These products serve power transmission and distribution, renewable energy integration, industrial operations, railways, and allied sectors. The company operates two manufacturing units in Mehsana, Gujarat, with a combined annual installed capacity of 79,950 kilometres. Its facilities feature wire drawing, annealing, bunching, insulation, extrusion, testing, and packaging capabilities. The company has upgraded its infrastructure with automatic and semi-automatic machinery to enhance production capabilities. It serves both government entities and private-sector customers through direct orders, tender participation, and vendor approval processes. The company holds ISO and BIS certifications and possesses an Indian patent for three-core double-insulated flat cables for submersible pumps.
Company Details
📋 Objects of Issue (Use of Proceeds)
- › Construction of additional factory shed for expansion
- › Purchase of additional plant and machinery to increase capacity
- › Purchase of new machinery to manufacture paper-insulated conductors
- › Purchase and setup of rooftop solar power plant
- › Funding working capital requirements
- › Issue expenses and general corporate purposes
✅ Strengths
- ✓ Scalable business model with consistent multi-year operational revenue growth
- ✓ Continuous capital expenditure in manufacturing plants to expand capacity
- ✓ Diversified customer base across government tenders and private entities
- ✓ Integrated manufacturing infrastructure supporting end-to-end cable production
- ✓ Broad product portfolio with specialized patent-backed submersible cable solutions
⚠️ Risks
- ! Lack of long-term supply contracts exposes operations to raw material price volatility
- ! Substantial working capital needs may strain operational liquidity if unfulfilled
- ! High dependence on timely execution of ongoing capacity expansion projects
- ! Manufacturing processes involve high-heat operations vulnerable to workplace disruptions
- ! Outstanding borrowing levels expose profitability to prevailing interest rate hikes