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August 03, 2015 10:10 PM ET

Electrical Equipment

Company Overview of Shilpi Cable Technologies Ltd.

Company Overview

Shilpi Cable Technologies Limited manufactures and sells cables, wires, and accessories in India. It offers radio frequency cables, connectors, and jumpers, as well as automotive, PVC insulated battery and power control, photovoltaic solar, power energy, control, telephone, LAN, and co axial cables. The company also provides power cords, house wires, in building wireless solutions, and wiring harnesses. It primarily serves telecom, consumer durables/assemblies, automotive, and power and energy sectors. The company exports its products to the United Arab Emirates, Taiwan, the Philippines, Turkey, and the United States. Shilpi Cable Technologies Limited was founded in 2006 and is based in New ...

Mohan Co-operative Industrial Estate

A-19/B-1 Extension

Mathura Road

P.O. Badarpur

New Delhi,  110044

India

Founded in 2006

Phone:

91 11 4311 7900

Fax:

91 11 4311 7902

Key Executives for Shilpi Cable Technologies Ltd.

Founder, Chairman and Head of Quality
Age: 61
Total Annual Compensation: $2.4M
Managing Director and Whole Time Director
Age: 33
Total Annual Compensation: $2.4M
Whole Time Director, Member of Audit Committee, Member of Stakeholders Relationship Committee, Member of Nomination & Remuneration Committee and Member of Corporate Social Responsibility Committee
Age: 60
Total Annual Compensation: $1.6M
Compensation as of Fiscal Year 2014.

Shilpi Cable Technologies Ltd. Key Developments

Shilpi Cable Technologies Ltd., Board Meeting, Jun 08, 2015

Shilpi Cable Technologies Ltd., Board Meeting, Jun 08, 2015. Agenda: To grant stock options to the eligible employees under the Shilpi Employees Stock option scheme 2014.

Shilpi Cable Technologies Ltd. Announces Audited Consolidated and Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015

Shilpi Cable Technologies Ltd. announced audited consolidated and standalone earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter on standalone basis, the company reported net sales or income from operations of INR 4,271.816 million against INR 3,554.743 million a year ago. Profit from operations before other income, interest and exceptional items were INR 315.067 million against INR 273.145 million a year ago. Profit from ordinary activities before tax was INR 99.321 million against INR 97.005 million a year ago. Net profit was INR 63.824 million against INR 77.978 million a year ago. Earnings per basic and diluted share were INR 0.64 against INR 2.02 a year ago. On standalone basis for the year, the company reported net sales or income from operations of INR 14,076.779 million against INR 9,860.339 million a year ago. Profit from operations before other income, interest and exceptional items was INR 1,103.066 million against INR 885.540 million a year ago. Profit from ordinary activities before tax was INR 526.189 million against INR 398.980 million a year ago. Net profit was INR 349.826 million against INR 280.301 million a year ago. Earnings per basic and diluted share were INR 3.54 against INR 7.27 a year ago. On consolidated basis for the quarter, the company reported net sales or income from operations of INR 9,024.466 million against INR 6,635.729 million a year ago. Profit from operations before other income, interest and exceptional items was INR 739.216 million against INR 488.685 million a year ago. Profit from ordinary activities before tax was INR 460.635 million against INR 302.529 million a year ago. Net profit was INR 422.874 million against INR 283.318 million a year ago. Earnings per basic and diluted share were INR 4.06 against INR 7.55 a year ago. On consolidated basis for the year, the company reported net sales or income from operations of INR 32,129.345 million against INR 17,529.398 million a year ago. Profit from operations before other income, interest and exceptional items was INR 2,522.563 million against INR 1,661.864 million a year ago. Profit from ordinary activities before tax was INR 1,778.708 million against INR 1,119.745 million a year ago. Net profit was INR 1,599.882 million against INR 1,000.882 million a year ago. Earnings per basic and diluted share were INR 16.20 against INR 25.95 a year ago.

Shilpi Cable Technologies Ltd Appoints Chitra Sarkar as Woman Independent Director

Shilpi Cable Technologies Ltd. announced that the Board of Directors of the company at its meeting held on May 29, 2015, has appointed Ms. Chitra Sarkar as Woman Independent director of the company.

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January 9, 2015
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