January 18, 2017 5:03 AM ET

Electrical Equipment

Company Overview of Shilpi Cable Technologies Limited

Company Overview

Shilpi Cable Technologies Limited manufactures and sells cables, wires, and accessories primarily for telecom, automobile, consumer durables, and power sectors in India and internationally. It offers radio frequency cables, connectors, and jumpers, as well as automotive, PVC insulated battery and power control, photovoltaic solar, power energy, control, solar, telephone, LAN, and co-axial cables. The company also provides power cords, house wires, enameled copper wires, wiring harnesses, and in building wireless solutions. In addition, it sells wires, MCBs, and switches through distributors under the SAFE brand name. The company was formerly known as Rosenberger Shilpi Cable Technologies Ltd...

Mohan Co-operative Industrial Estate

A-19/B-1 Extension

Mathura Road

PO Badarpur

New Delhi,  110044

India

Founded in 2006

Phone:

91 11 4311 7900

Fax:

91 11 4311 7902

Key Executives for Shilpi Cable Technologies Limited

Chief Executive Officer
Total Annual Compensation: 6.8M
Managing Director, Whole Time Director and Member of Finance Committee
Age: 34
Total Annual Compensation: 18.0M
Chief Financial Officer
Total Annual Compensation: 4.1M
Whole Time Director, Member of Audit Committee, Member of Stakeholders' Relationship Committee, Member of Corporate Social Responsibility Committee and Member of Finance Committee
Age: 61
Total Annual Compensation: 3.0M
Compensation as of Fiscal Year 2016.

Shilpi Cable Technologies Limited Key Developments

Shilpi Cable Technologies Limited, Board Meeting, Dec 30, 2016

Shilpi Cable Technologies Limited, Board Meeting, Dec 30, 2016, at 17:00 Indian Standard Time. Agenda: To consider the acquisition of 100% shareholding of Gulf Aglow LED Lighting FZCO (GAL).

Shilpi Cable Technologies Ltd., Q2 2017 Earnings Call, Nov 25, 2016

Shilpi Cable Technologies Ltd., Q2 2017 Earnings Call, Nov 25, 2016

Shilpi Cable Technologies Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2016; Provides CapEx Guidance for the Fiscal Year 2017

Shilpi Cable Technologies Limited reported unaudited standalone and consolidated earnings results for the second quarter and six months ended September 30, 2016. For the quarter, on the standalone basis, net sales/income from operation (net of excise duty) was INR 5,394.547 million against INR 4,160.190 million a year ago. Profit from operation before other income, interest and exceptional items were INR 540.046 million against INR 384.880 million a year ago. Profit from ordinary activities before tax was INR 308.405 million against INR 231.618 million a year ago. Net profit for the period was INR 197.326 million or INR 1.77 per diluted share before and after extraordinary items (not annualized) against INR 153.100 million or INR 1.49 per basic and diluted share before and after extraordinary items (not annualized) a year ago. Net profit attributable to consolidated group was INR 197.326 million against INR 153.100 million a year ago.   For the six months, on the standalone basis, net sales/income from operation (net of excise duty) was INR 10,719.132 million against INR 8,431.003 million a year ago. Profit from operation before other income, interest and exceptional items were INR 1,013.951 million against INR 749.664 million a year ago. Profit from ordinary activities before tax was INR 575.252 million against INR 441.592 million a year ago. Net profit for the period was INR 371.823 million or INR 3.35 per diluted share before and after extraordinary items (not annualized) against INR 291.892 million or INR 2.84 per basic and diluted share before and after extraordinary items (not to be annualized) a year ago. Net profit attributable to consolidated group was INR 371.823 million against INR 291.892 million a year ago. For the quarter, on the consolidated basis, net sales/income from operation (net of excise duty) was INR 11.973.261 million against INR 8,223.464 million a year ago. Profit from operation before other income, interest and exceptional items were INR 1,020.502 million against INR 582.029 million a year ago. Profit from ordinary activities before tax was INR 722.732 million against INR 346.006 million a year ago. Net profit for the period was INR 615.844 million or INR 4.83 per diluted share before and after extraordinary items (not annualized) against INR 267.469 million or INR 2.61 per basic and diluted share before and after extraordinary items (not annualized) a year ago. For the six months, on the consolidated basis, net sales/income from operation (net of excise duty) was INR 23,253.375 million against INR 18,332.292 million a year ago. Profit from operation before other income, interest and exceptional items were INR 2,013.320 million against INR 1,416.336 million a year ago. Profit from ordinary activities before tax was INR 1,450.852 million against INR 972.720 million a year ago. Net profit for the period was INR 1,247.422 million or INR 10.46 per diluted share before and after extraordinary items (not annualized) against INR 822.373 million or INR 8.01 per basic and diluted share before and after extraordinary items (not annualized) a year ago. The company has a CapEx plan of INR 500 million for the fiscal year 2017.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 30, 2016
Gulf Aglow Lighting Ltd
Merger/Acquisition
May 31, 2016
Shilpi Worldwide Pte. Ltd.
 

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