Johnsoncab Electricals

About the Company

Johnsoncab Electricals manufactures low-voltage wires and cables up to 1.1 kV for power infrastructure, renewable energy, railways, and industrial applications. The company generates revenue by producing and supplying control cables, power cables, industrial single- and multicore control cables, building wires, and special-purpose cables such as solar, submersible flat, and welding cables under the JOHNSON CABLES brand name. With two manufacturing facilities located in Mehsana, Gujarat, possessing an installed capacity of 79,950 kilometers, the company is equipped for wire drawing, annealing, bunching, insulation, extrusion, testing, and packaging. It serves government entities and private-sector clients through direct customer engagements, vendor approvals, and participation in competitive tenders. In addition, the company holds an Indian patent for three-core double-insulated flat cables for submersible pumps, enhancing its product differentiation in specialized electrical application segments across key domestic infrastructure markets.

Strengths

• Scalable business model with consistent multi-year operational revenue growth.
• Continuous capital expenditure in manufacturing plants to expand capacity.
• Diversified customer base across government tenders and private entities.
• Integrated manufacturing infrastructure supporting end-to-end cable production.
• Broad product portfolio with specialized patent-backed submersible cable solutions.

Risks

• Lack of long-term supply contracts exposes operations to raw material price volatility.
• Substantial working capital needs may strain operational liquidity if unfulfilled.
• High dependence on timely execution of ongoing capacity expansion projects.
• Manufacturing processes involve high-heat operations vulnerable to workplace disruptions.
• Outstanding borrowing levels expose profitability to prevailing interest rate hikes.