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3 Wires and Electricals Brand, Cables and Consumer Electricals Maker and Bimetal Contacts Specialist Stocks With a Strong Future Roadmap: RR Kabel, Finolex Cables and Shivalik Bimetal

RR Kabel, Finolex Cables and Shivalik Bimetal: ROE of 11.7% to 19.9% and FY22 to FY26 revenue CAGR of 14.0% to 21.9%. Prices as of 28 Oct 2026.


29 Oct 2026 • 12:47 pm

3 Wires and Electricals Brand, Cables and Consumer Electricals Maker and Bimetal Contacts Specialist Stocks With a Strong Future Roadmap: RR Kabel, Finolex Cables and Shivalik Bimetal

Quick Answer

The three wire, cable and contact component stocks to watch are RR Kabel, Finolex Cables and Shivalik Bimetal. Their return on equity ranges from 11.7% to 19.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 14.0% to 21.9%. Shivalik Bimetal has the highest return on equity at 19.9%, while RR Kabel has the fastest revenue growth at 21.9% a year. Prices are based on the 28 October 2026 close, and this article is educational, not investment advice.

Wire, cable and contact component stocks bring together companies with a visible plan for the years ahead. RR Kabel, Finolex Cables and Shivalik Bimetal cover a wires and electricals brand, a cables and consumer electricals maker and a bimetal contacts specialist.

This list covers three wire, cable and contact component stocks with complete current figures: RR Kabel, Finolex Cables and Shivalik Bimetal. Every figure comes from the latest reported financials and the 28 October 2026 market close. Companies without complete current figures were left out.

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What Are Wire, Cable and Contact Component Stocks?

Wire, cable and contact component stocks are listed companies that make wires, cables, fans, lights and switches for homes and industry, and produce bimetal strips and contact parts used in appliances, vehicles and electrical equipment. Their earnings depend on construction activity, copper costs and brand strength.

Wire, Cable and Contact Component Stocks at a Glance

Company CMP (Rs) Market Cap (Rs Cr) P/E Industry P/E ROE (%) D/E
RR Kabel 2,207.4 24,189 39.8 37.5 19.1 0.13
Finolex Cables 1,149.7 19,615 24.5 45.1 11.7 0.00
Shivalik Bimetal 1,039.1 5,383 50.7 11.3 19.9 0.13

On valuation, Finolex Cables trades at a P/E below the industry P/E, while RR Kabel and Shivalik Bimetal trade above it, which reflects the growth the market already expects. Readers comparing wire, cable and contact component stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain. With the Q2 FY27 results season close, investors in wire, cable and contact component stocks can use the coming numbers to test whether growth is holding.

Why Do Wire, Cable and Contact Component Stocks Have a Strong Roadmap in India?

Wire, cable and contact component stocks have a strong roadmap in India because new housing, grid upgrades, rising appliance use and growing power infrastructure keep widening the market for these wire, cable and component makers.

  • Housing demand. New homes need wiring and electricals.
  • Grid upgrades. Power projects need cables and contacts.
  • Brand strength. Trusted names support repeat dealer orders.

Why RR Kabel Features Among These Wire, Cable and Contact Component Stocks

Among the wire, cable and contact component stocks on this list, RR Kabel manufactures wires and cables for homes, industry and infrastructure, and it also sells electrical products such as fans, lighting and switches under its own brand.

Revenue rose from Rs 4,432 crore in FY22 to Rs 9,779 crore in FY26, a compound annual growth rate of 21.9%. Net profit grew from Rs 214 crore in FY22 to Rs 492 crore in FY26, which works out to a compound annual growth rate of 23.2%.

In the June 2026 quarter, revenue grew 54.6% year on year to Rs 3,201 crore, while net profit rose 128.8% to Rs 205 crore. The company has a return on equity of 19.1%, a debt to equity ratio of 0.13 and a market capitalisation of Rs 24,189 crore. The stock trades at a P/E of 39.8, above the industry P/E of 37.5.

Roadmap: The company is growing its fast-moving electrical goods range and widening its dealer reach. Rising housing and infrastructure activity supports steady demand for wires and cables.

What to watch: Follow copper and aluminium costs, dealer network growth and the share of electrical goods in sales.

Why Finolex Cables Features Among These Wire, Cable and Contact Component Stocks

Among the wires and switch products shares on this list, Finolex Cables is a Pune-based maker of electrical cables and wires, communication cables, copper products and consumer electricals such as fans, lighting and switchgear, sold under the Finolex brand.

In the June 2026 quarter, revenue grew 42.4% year on year to Rs 2,065 crore, while net profit rose 53.1% to Rs 249 crore. Revenue rose from Rs 3,840 crore in FY22 to Rs 6,487 crore in FY26, a compound annual growth rate of 14.0%.

Net profit grew from Rs 504 crore in FY23 to Rs 714 crore in FY26, which works out to a compound annual growth rate of 12.3%. The company has a return on equity of 11.7%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 19,615 crore. The stock trades at a P/E of 24.5, below the industry P/E of 45.1.

Roadmap: Strong brand recall among electricians and a wide distribution network support its position in housing wires. Infrastructure, housing and telecom projects add to demand for its cables and related electricals.

What to watch: Track growth in the electrical consumer products business and copper price trends.

Why Shivalik Bimetal Features Among These Wire, Cable and Contact Component Stocks

Among the three companies on this list, Shivalik Bimetal Controls makes thermostatic bimetal strips, shunts and electrical contact components used in appliances, automobiles and electrical equipment, selling to customers in India and abroad.

The company has a return on equity of 19.9%, a debt to equity ratio of 0.13 and a market capitalisation of Rs 5,383 crore. The stock trades at a P/E of 50.7, above the industry P/E of 11.3.

Revenue rose from Rs 329 crore in FY22 to Rs 583 crore in FY26, a compound annual growth rate of 15.3%. Net profit grew from Rs 55.1 crore in FY22 to Rs 95.9 crore in FY26, which works out to a compound annual growth rate of 14.8%. In the June 2026 quarter, revenue grew 33.7% year on year to Rs 186 crore, while net profit rose 44.9% to Rs 33.0 crore.

Roadmap: The company is growing its shunt business for electric and hybrid vehicles and smart meters while adding new components for industrial and appliance customers. Its materials expertise supports a strong position in the niche.

What to watch: Follow shunt demand from electric vehicles and meters and new component launches.

RR Kabel vs Finolex Cables vs Shivalik Bimetal on Key Financials

The table below sets the three wire, cable and contact component stocks side by side on revenue, profit and margin, using reported figures.

Company FY22 Revenue (Rs Cr) FY26 Revenue (Rs Cr) Revenue CAGR (FY22-FY26) FY26 Net Profit (Rs Cr) FY26 Net Margin
RR Kabel 4,432 9,779 21.9% 492 5.0%
Finolex Cables 3,840 6,487 14.0% 714 11.0%
Shivalik Bimetal 329 583 15.3% 95.9 16.4%

Shivalik Bimetal posts the highest return on equity in this group at 19.9%. RR Kabel combines the largest FY26 revenue at Rs 9,779 crore with the fastest revenue growth, a 21.9% compound annual rate. A useful habit with wire, cable and contact component stocks is to check each new quarterly result against the capacity plans the company described earlier.

The June 2026 quarter, the latest reported, gives a fresh read on momentum:

Company Q1 FY26 Revenue (Rs Cr) Q1 FY27 Revenue (Rs Cr) Year-on-Year Growth
RR Kabel 2,071 3,201 54.6%
Finolex Cables 1,450 2,065 42.4%
Shivalik Bimetal 139 186 33.7%

Key Risks to Check Before Investing in Wire, Cable and Contact Component Stocks

Every theme carries risks that deserve a check before any decision. For these wire, cable and contact component stocks, the main points are: Long-term wires and switch products shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.

  • Input costs. Metal and material prices can move margins.
  • Demand cycles. Sales can vary with seasons and rates.
  • Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.

Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.

Use the Univest Stock Screener to filter wire, cable and contact component stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.

Final Thoughts on Wire, Cable and Contact Component Stocks

Wire, cable and contact component stocks suit investors who prefer to study business strength before price moves. RR Kabel, Finolex Cables and Shivalik Bimetal each have a clear plan to grow. Based on the 28 October 2026 close, RR Kabel trades at Rs 2,207.4, Finolex Cables at Rs 1,149.7 and Shivalik Bimetal at Rs 1,039.1. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these wire, cable and contact component stocks to a watchlist.

Download the Univest iOS App or Univest Android App to track wire, cable and contact component stocks, set price alerts and get research-backed stock ideas.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

What are wire, cable and contact component stocks?

Ans. Wire, cable and contact component stocks are listed companies that make wires, cables, fans, lights and switches for homes and industry, and produce bimetal strips and contact parts used in appliances, vehicles and electrical equipment. Their earnings depend on construction activity, copper costs and brand strength. This list looks at three of them, RR Kabel, Finolex Cables and Shivalik Bimetal, using reported FY22 to FY26 financials and the 28 October 2026 closing prices.

Which wire, cable and contact component stocks are covered in this list?

Ans. This list covers RR Kabel, Finolex Cables and Shivalik Bimetal. Based on the 28 October 2026 close, RR Kabel traded at Rs 2,207.4, Finolex Cables at Rs 1,149.7 and Shivalik Bimetal at Rs 1,039.1. Their return on equity ranges from 11.7% to 19.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 14.0% to 21.9%.

Why do wire, cable and contact component stocks have a strong future roadmap in India?

Ans. Wire, cable and contact component stocks have a strong roadmap in India because new housing, grid upgrades, rising appliance use and growing power infrastructure keep widening the market for these wire, cable and component makers. The main drivers are as follows. Housing demand. New homes need wiring and electricals. Grid upgrades. Power projects need cables and contacts. Brand strength. Trusted names support repeat dealer orders. Together these factors give the companies on this list a visible path for growth over the coming years.

How has RR Kabel performed financially?

Ans. Revenue rose from Rs 4,432 crore in FY22 to Rs 9,779 crore in FY26, a compound annual growth rate of 21.9%. Net profit grew from Rs 214 crore in FY22 to Rs 492 crore in FY26, which works out to a compound annual growth rate of 23.2%. In the June 2026 quarter, revenue grew 54.6% year on year to Rs 3,201 crore, while net profit rose 128.8% to Rs 205 crore. The company has a return on equity of 19.1%, a debt to equity ratio of 0.13 and a market capitalisation of Rs 24,189 crore. The stock trades at a P/E of 39.8, above the industry P/E of 37.5. Looking ahead, the company is growing its fast-moving electrical goods range and widening its dealer reach. Rising housing and infrastructure activity supports steady demand for wires and cables.

How has Finolex Cables performed financially?

Ans. Revenue rose from Rs 3,840 crore in FY22 to Rs 6,487 crore in FY26, a compound annual growth rate of 14.0%. Net profit grew from Rs 504 crore in FY23 to Rs 714 crore in FY26, which works out to a compound annual growth rate of 12.3%. In the June 2026 quarter, revenue grew 42.4% year on year to Rs 2,065 crore, while net profit rose 53.1% to Rs 249 crore. The company has a return on equity of 11.7%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 19,615 crore. The stock trades at a P/E of 24.5, below the industry P/E of 45.1. Looking ahead, strong brand recall among electricians and a wide distribution network support its position in housing wires. Infrastructure, housing and telecom projects add to demand for its cables and related electricals.

How has Shivalik Bimetal performed financially?

Ans. Revenue rose from Rs 329 crore in FY22 to Rs 583 crore in FY26, a compound annual growth rate of 15.3%. Net profit grew from Rs 55.1 crore in FY22 to Rs 95.9 crore in FY26, which works out to a compound annual growth rate of 14.8%. In the June 2026 quarter, revenue grew 33.7% year on year to Rs 186 crore, while net profit rose 44.9% to Rs 33.0 crore. The company has a return on equity of 19.9%, a debt to equity ratio of 0.13 and a market capitalisation of Rs 5,383 crore. The stock trades at a P/E of 50.7, above the industry P/E of 11.3. Looking ahead, the company is growing its shunt business for electric and hybrid vehicles and smart meters while adding new components for industrial and appliance customers. Its materials expertise supports a strong position in the niche.

What risks should investors check before buying wire, cable and contact component stocks?

Ans. Investors should check a few risks before buying wire, cable and contact component stocks. Input costs. Metal and material prices can move margins. Demand cycles. Sales can vary with seasons and rates. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.

Is this list of wire, cable and contact component stocks investment advice?

Ans. No. This article is educational and uses publicly available data as of the 28 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.

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