Project CableX — Special Application Wires, Cables & Conductors Manufacturing Business

project cablex — investment opportunity in special application wires, cables & conductors manufacturing

project cablex is a proprietary blind teaser presenting a rare and compelling acquisition opportunity in the specialised wires, cables, and conductors manufacturing segment. this is a sale of business by the existing promoters of a two-decade-old, private limited company based in india, with a proven operational track record, internationally recognised quality certifications, and a robust global export engine spanning 30+ countries and 40+ active international dealer partners.

the company has established itself as a credible and respected name in the manufacturing of special application cables including pvc and rubber submersible pump cables, wind energy cables, rubber industrial cables, welding cables, battery cables, single and multi-core flexible cables, earthing cables, and earthing conductors. its customer base is entirely b2b in nature, comprising manufacturers of submersible pumps, windmills, and batteries; epc companies operating in water, oil, energy, and infrastructure sectors; and a wide network of domestic and international distributors and installers.

financially, the business has demonstrated consistent and growing top-line performance: revenues stood at ₹39.76 crore in fy23 (audited), grew to ₹41.74 crore in fy24 (audited), reached ₹45.34 crore in fy25 (provisional), and are projected at approximately ₹55 crore in fy26. adjusted ebitda has been steady in the range of ₹4.78 crore to ₹5.14 crore across audited years, with margins consistently maintained between 11% and 13%. a particularly noteworthy financial development is the dramatic reduction in current liabilities — from ₹9.86 crore in fy23 to just ₹1.90 crore in fy25 — reflecting strong cash generation capability, prudent financial management, and an increasingly clean balance sheet.

the company holds a portfolio of internationally recognised certifications that create significant competitive moats in regulated markets: ktw (germany) for potable water contact standards, wras (uk) under the water regulations advisory scheme, acs (france) for water contact materials, and ul and ulc certifications enabling access to the north american market. these certifications are not easily replicable and form a durable competitive advantage for any incoming investor or acquirer.