RPG Cables Limited
Add to watch list to get report alerts
BSE Code:
517056
NSE Code:
RPGCABLES
Business Profile
Business Profile
RPG Cables (RPGCAB), part of the RPG group, is engaged in the manufacture of cables. It was formed with the merger of Upcom Cables (Rae Bareli), RPG Telecom (Mysore) and Asian Cables & Industries (Thane).
The company manufactures power and control cables, jelly-filled telephone cables, optical fiber cables and house wiring cables. It operates through four manufacturing units located in Thane, Mysore, Rae Bareli and Silvassa. The Thane unit is a leading manufacturer of elastomeric cables in India and supplies flame-retardant house wire cables. The Mysore unit has an installed capacity of 625,000 CKM jelly-filled telecom cables. This unit also manufactures fiber optic cables with an installed capacity of 440,000 FKM. The Silvassa unit manufactures low tension power cables. The Rai Bareli unit manufactures jelly-filled cables with an installed capacity of 2.1 million CKM of jelly-filled cables. All the manufacturing units are ISO 9001 and ISO 14001 certified.
RPG Cables provides turnkey solutions like supply and installation of 33KV copper cable and accessories to IPCL Gandhar, the supply and installation of 11 KV and 6.6 KV cable and accessories to MRPL, and many such solutions. In July 2007, the company received an order for the supply of PIJF cables from Mahanagar Telephone Nigam (MTNL) valued at Rs 333.1 million.
The company has clients including names like MTNL, Tata, Reliance, Indian Oil, ONGC, Siemens, L&T, Infosys, and Wipro. It has its registered office at Hebbal Industrial Area, Hootagalli, Belavadi Post, Mysore-571186, Karnataka.
Financials
RPG Cables registered a loss of Rs 62.1 million for the quarter ended September 2007.
It recorded a net sales of Rs 622.1 million for the quarter.
Total income was Rs 625.6 million for the quarter ended September 2007.
The diluted loss per share of the company stood at Rs 1.97 for the quarter ended September 2007.
Recent Developments
14-APR-09
Board for Industrial and Financial Reconstruction of India (BIFR), State Bank of India and the operating agency (OA) of the company has constituted asset sale committee (ASC) to sell off the company`s land portion situated at Thane, Maharashtra. The reserve price has been fixed at Rs 620 million.