Value Investing

Polycab leads with superior market capitalization, robust profitability, and diversified portfolio (wires/cables and consumer products). Apar emphasizes industrial/export segments but faces margin pressures. Finolex focuses on conservative, profitable growth in residential cables, maintaining stability with operational efficiency and zero debt but lower diversification versus Polycab.

Value Investing

India’s wire and cable industry is dominated by Finolex Cables, Polycab, Havells, KEI Industries, and RR Kabel. Polycab leads in revenue and market share, while Havells benefits from diversification. KEI is strong in EPC projects, RR Kabel is expanding aggressively, and Finolex focuses on high-quality electrical and communication cables. Each company has unique strategies, strengths, and customer segments, shaping its competitive edge.