---
title: "Crystal Cable Industries Ltd (531368) — Share Price, Financials & Analysis"
symbol: "531368"
company: "Crystal Cable Industries Ltd"
canonical: "https://tapetide.com/stocks/531368"
bse_code: "531368"
generated_at: "2026-10-13T11:00:21.492Z"
---

# Crystal Cable Industries Ltd (531368)

Canonical page: https://tapetide.com/stocks/531368

## Company

- **BSE Code:** 531368
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Debtor days have improved from 169 to 120 days.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.59% over past five years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -58% | 40% | -20% |
| revenue growth | -9% | 2% | 5% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 10021 | 10730 | 11248 | 11572 | 12199 | 12547 | 12686 | 12801 | 10634 | 12264 | 11609 | 11373 |
| Expenses | 4096 | 4237 | 4424 | 4618 | 4753 | 4947 | 5752 | 5726 | 6770 | 5989 | 6644 | 6095 |
| Financing Profit | 574 | 630 | 653 | 677 | 623 | 460 | -405 | -498 | -3722 | -1350 | -2235 | -1533 |
| Financing Margin % | 6 | 6 | 6 | 6 | 5 | 4 | -3 | -4 | -35 | -11 | -19 | -13 |
| Other Income | 2154 | 2210 | 2282 | 2396 | 2508 | 2442 | 2185 | 2355 | 709 | 2157 | 1651 | 1707 |
| Interest | 5351 | 5863 | 6171 | 6277 | 6822 | 7139 | 7339 | 7573 | 7586 | 7624 | 7199 | 6811 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2727 | 2840 | 2935 | 3073 | 3131 | 2902 | 1780 | 1857 | -3013 | 807 | -584 | 174 |
| Tax % | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 24 | -23 | 25 | -25 | 26 |
| Net Profit | 2043 | 2124 | 2202 | 2301 | 2349 | 2171 | 1331 | 1402 | -2329 | 604 | -437 | 128 |
| EPS in Rs | 26.34 | 27.38 | 28.34 | 29.59 | 30.18 | 27.88 | 17.09 | 18 | -29.89 | 7.75 | -5.61 | 1.64 |
| Gross NPA % | 1.98 | 1.94 | 1.93 | 1.92 | 1.92 | 2.02 | 2.11 | 2.25 | 3.13 | 3.64 | 3.6 | 3.56 |
| Net NPA % | 0.59 | 0.58 | 0.57 | 0.57 | 0.57 | 0.6 | 0.64 | 0.68 | 0.95 | 1.12 | 1.04 | 1.04 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 44 | 76 | 106 | 109 | 133 | 163 | 156 | 142 | 182 | 166 |
| Expenses | 38 | 82 | 101 | 104 | 138 | 156 | 148 | 134 | 173 | 155 |
| Operating Profit | 6 | -6 | 4 | 6 | -5 | 7 | 8 | 8 | 9 | 11 |
| OPM % | 13 | -8 | 4.2 | 5 | -3.6 | 4.2 | 4.9 | 6 | 5 | 7 |
| Other Income | 0 | 24 | 1 | 0 | 22 | 1 | 0 | 4 | 0 | 0 |
| Interest | 4 | 3 | 3 | 4 | 4 | 6 | 7 | 7 | 8 | 10 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 13 | 1 | 0 | 12 | 1 | 0 | 4 | 1 | 0 |
| Tax % | 4 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 8 |
| Net Profit | 1 | 13 | 1 | 0 | 12 | 1 | 0 | 4 | 1 | 0 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6 | 6 | 6 | 7 | 7 | 6 | 3 | 7 | 7 | 7 |
| Reserves | -43 | -22 | -21 | -20 | -8 | -8 | -5 | -5 | -4 | -4 |
| Borrowings | 56 | 36 | 42 | 42 | 39 | 44 | 48 | 48 | 55 | 71 |
| Other Liabilities | 15 | 20 | 12 | 11 | 23 | 28 | 42 | 75 | 87 | 42 |
| Total Liabilities | 35 | 40 | 39 | 40 | 61 | 71 | 88 | 125 | 145 | 116 |
| Fixed Assets | 14 | 12 | 10 | 9 | 7 | 7 | 9 | 8 | 8 | 9 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 21 | 28 | 29 | 31 | 54 | 64 | 80 | 117 | 137 | 107 |
| Total Assets | 35 | 40 | 39 | 40 | 61 | 71 | 88 | 125 | 145 | 116 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1 | 3 | -2 | — | — | 2 | 7 | 3 | 1 | 0 |
| Cash from Investing Activity | -1 | 0 | 0 | — | — | -1 | -2 | 4 | 0 | 0 |
| Cash from Financing Activity | 0 | -3 | 3 | — | — | -1 | -5 | -7 | 0 | 0 |
| Net Cash Flow | 0 | 0 | 1 | — | — | 1 | 0 | 0 | 1 | 0 |
| Free Cash Flow | 0 | 3 | -3 | — | — | 2 | 5 | 6 | 1 | 0 |
| CFO/OP | 17 | -53 | -47 | — | — | 35 | 96 | 33 | 6 | 2 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 103 | 84 | 60 | 59 | 98 | 78 | 101 | 194 | 193 | 120 |
| Inventory Days | 81 | 55 | 35 | 40 | 45 | 62 | 78 | 104 | 75 | 114 |
| Days Payable | 160 | 103 | 38 | 35 | 54 | 45 | 72 | 175 | 171 | 86 |
| Cash Conversion Cycle | 24 | 37 | 57 | 64 | 89 | 95 | 106 | 123 | 96 | 148 |
| Working Capital Days | 44 | 39 | 55 | 64 | 80 | 77 | 85 | 107 | 93 | 134 |
| ROCE % | 25 | 22 | 16 | 14 | 14 | 16 | 16 | 24 | 16 | 16 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 16.8% | 16.77% | 16.8% | 14.34% | 16.55% | 16.52% | 16.5% | 16.4% | 15.83% | 15.82% |
| FIIs | 48.6% | 52.06% | 53.53% | 53.58% | 50.91% | 46.33% | 42.16% | 40.25% | 29.53% | 31.6% |
| DIIs | 13.8% | 11.17% | 9.75% | 15.5% | 18.11% | 21.85% | 26.54% | 28.09% | 36.32% | 35% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0.37% | 0.37% | 0.38% | 0.38% |
| Public | 20.81% | 20% | 19.92% | 16.58% | 14.43% | 15.3% | 14.45% | 14.9% | 17.94% | 17.2% |
| No. of Shareholders | 117797 | 125987 | 151950 | 302853 | 420350 | 443112 | 378303 | 398181 | 771743 | 649084 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 16.5% | 16.49% | 16.47% | 16.45% | 16.4% | 16.38% | 16.36% | 16.29% | 15.83% | 15.82% | 15.82% | 15.82% |
| FIIs | 42.16% | 42.34% | 41.48% | 42.47% | 40.25% | 38.4% | 34.11% | 24.74% | 29.53% | 33.68% | 34.32% | 31.6% |
| DIIs | 26.54% | 26.22% | 28.17% | 26.21% | 28.09% | 29.69% | 34.6% | 42.43% | 36.32% | 33.18% | 31.57% | 35% |
| Government | 0.37% | 0.37% | 0.37% | 0.36% | 0.37% | 0.37% | 0.37% | 0.39% | 0.38% | 0.38% | 0.38% | 0.38% |
| Public | 14.45% | 14.59% | 13.5% | 14.52% | 14.9% | 15.16% | 14.56% | 16.16% | 17.94% | 16.92% | 17.91% | 17.2% |
| No. of Shareholders | 378303 | 364290 | 360027 | 359688 | 398181 | 417359 | 439052 | 639709 | 771743 | 695674 | 701711 | 649084 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 3 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1.38 | Buy |
| EMA (10) | 1.36 | Buy |
| SMA (20) | 1.2 | Buy |
| EMA (20) | 1.31 | Buy |
| SMA (50) | 1.4 | Buy |
| EMA (50) | 1.38 | Buy |
| SMA (100) | 1.54 | Sell |
| EMA (100) | 1.44 | Buy |
| SMA (200) | 1.37 | Buy |
| EMA (200) | 1.32 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 61.48 | Neutral |
| MACD (12,26,9) | 0.03 | Buy |
| Stochastic (14,3,3) | 83.05 | Sell |
| ADX (14) | 26.58 | Buy |
| Williams %R (14) | -11.11 | Sell |
| ATR (14) | 0.07 | High Volatility |
| ROC (12) | 31.82 | Buy |
| Stoch RSI (14) | 90.23 | Sell |
| UO (7,14,28) | 63.03 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-09 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachLive/fc5bb3fa-6e51-43af-b4b8-1b3190b37e34.pdf) |
| 2026-03-01 | [Analysts / Institutional Investors Meet](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bfc5d759-21aa-4720-8916-e129e62c3be1.pdf) |
| 2026-02-26 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b1ccd0e-be63-41b3-9fe9-8bce94290175.pdf) |
| 2026-02-25 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0651f4d9-1d8b-453d-84eb-1f77b84ed5f4.pdf) |
| 2026-02-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fa47bceb-e094-4e17-84a0-851bfe59fceb.pdf) |
| 2026-02-24 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c92995d8-a717-42be-bfbc-087924682fe0.pdf) |
| 2026-02-24 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4a138abb-93c7-428d-843e-eeb482187535.pdf) |
| 2026-02-24 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ac21075b-5198-43cf-8b58-236b2364fd69.pdf) |
| 2026-02-24 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ae938371-d3b8-40da-9a20-9a775a534762.pdf) |
| 2026-02-23 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c0d74404-6256-4c61-9202-c11fedf6828b.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0d0c950-1cf0-4d5a-972b-79a608a81bff.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f6c53d4f-6329-4818-b362-15fc7bc97ade.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f4693a35-970b-40d7-9894-e25897577b99.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/532187/73929532187.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/532187/69276532187.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/532187/65882532187.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/532187/5321870319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/532187/5321870318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/532187/5321870317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/532187/5321870316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jan 2026 | Concall - Jan 2026 |
| Oct 2025 | Concall - Oct 2025 |
| Aug 2025 | Concall - Aug 2025 |
| May 2025 | Concall - May 2025 |
| Mar 2025 | Concall - Mar 2025 |
| Jan 2025 | Concall - Jan 2025 |
| Oct 2024 | Concall - Oct 2024 |
| Aug 2024 | Concall - Aug 2024 |
| May 2024 | Concall - May 2024 |
| Jan 2024 | Concall - Jan 2024 |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-01-16 | Credit rating update — India Ratings |
| 2025-08-23 | Credit rating update — CRISIL |
| 2025-05-30 | Credit rating update — CARE Ratings |
| 2025-05-28 | Credit rating update — CRISIL |
| 2025-05-15 | Credit rating update — CARE Ratings |
| 2025-05-07 | Credit rating update — CRISIL |
| 2025-03-18 | Credit rating update — CRISIL |
| 2025-02-11 | Credit rating update — India Ratings |
| 2024-03-14 | Credit rating update — India Ratings |
| 2023-09-18 | Credit rating update — India Ratings |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:21.492Z.
