The electrifying run of wire and cable manufacturers

Shareholders of wire and cable companies are on the moon. In the last five years, the wire and cable industry has grown at an annual growth rate of 12 per cent, with all the major players witnessing a significant uptick in their profitability and topline. Five-year performance Polycab and KEI lead in profit growth and market returns Company M-cap (Rs cr) 5Y revenue growth(% pa) 5Y PAT growth (% pa) 5Y average ROE (%) 5Y return (% pa) Havells 82041 15.7 10.1 19.5 12.7 Polycab 74984 15.8 28.8 20 59.4* KEI Industries 23598 14.8 27 21 45 Finolex Cables 16478 9.7 8.8