Cable stock jumps after securing BIS License for manufacturing of power conductors

SYNOPSIS: The article covers Prime Cable’s newly obtained BIS license for aluminium alloy conductors, its scope and validity, and how this certification supports the company’s participation in regulated power-sector opportunities.

During Tuesday’s trading session, shares of one of the leading manufacturers of low-voltage cables and wires surged nearly 2.5 percent on the NSE, after the company announced securing a Bureau of Indian Standards (BIS) license for power conductors.

At 12:44 p.m., shares of Prime Cable Industries Limited were trading in green at Rs. 101.5 on NSE, up by around 2.5 percent, compared to its previous closing price of Rs. 99, with a market cap of Rs. 186 crores.

What’s the News:

According to recent regulatory filings with the NSE, Prime Cable Industries Limited has received a license from the Bureau of Indian Standards (BIS) for manufacturing High Conductivity Aluminium Alloy Standard Conductors for overhead power transmission. 

The approval covers conductor sizes up to 774 sq. mm (actual aluminium conductor area) and applies to the company’s facility located at Ghiloth, Neemrana, Alwar, Rajasthan. Further, the certificate is valid until 27th November 2026.

The BIS certification enables the company to participate in high-value government and utility sector tenders that mandate BIS-compliant products. It also enhances product reliability, as the licensing process involves stringent testing and quality-control requirements. Overall, this certification broadens the company’s eligibility for larger orders and strengthens its competitive positioning.

Financials & More:

Prime Cable reported a significant growth in revenue from operations, experiencing a year-on-year increase of more than 62 percent, from Rs. 56 crores in H1 FY25 to Rs. 91 crores in H1 FY26.

Likewise, the company’s net profit increased during the same period from Rs. 2 crores to Rs. 5 crores, representing an impressive rise of nearly 150 percent YoY.

In H1 FY26, the company reported total revenue from operations of Rs. 91 crore, in which, Control Cables segment contributed the largest share at Rs. 43 crore, accounting for 47.3 percent of revenue.

Power Cables segment generated Rs. 24.4 crore or 27 percent, while Aerial Bunch Cables contributed Rs. 14.6 crore, representing 16 percent. Instrumentation Cables vertical added Rs. 1.09 crore (1.2 percent), and Housing/Building Wires & Conductors accounted for Rs. 3.12 crore (3.5 percent). The remaining product category, classified as Others, contributed Rs. 4.5 crore, making up 5 percent of the revenue mix.

As of H1 FY26, the company has an annual production capacity of 27,000 km of cables and 10,000 km of wires. In FY26, the company expects to achieve an annualised capacity utilisation of around 55 percent for cables and 70 percent for wires. Prime Cable holds vendor approvals across 15 states, reflecting its widespread acceptance in key markets, and currently maintains a pending order book of Rs. 106 crore.

Prime Cable Industries Limited is an indigenous manufacturer of high-quality low-voltage cables and wires, with a comprehensive portfolio including control cables, power cables, aerial bunch cables, instrumentation cables, house/building wires, and conductors. 

It supplies mission-critical products to State Electricity Boards, Public Sector Undertakings (PSUs), EPC contractors, and industries like oil & gas, mining, steel, real estate, and electric panel manufacturing.

Written by Shivani Singh

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