Top 5 Optical Fibre Cable Stocks in India

Everyone in this world is somehow connected through the internet. And the internet’s secret lies in hair thin glass cables known as optical fibres. As India upgrades to 5G networks and expands rural internet, the demand for these cables is shooting through the roof. In this blog, we will break down the Best Optical Fibre Cable Stocks to Watch right now. We will explain what they do and why their demand is growing so fast.Let us dive in and explore the world of Optical Fibre Cable Stocks together.

Meaning of Optical Fibre Cable Stocks

Being an investor always do your own research about the company and in this blog first lets understand some basics about Optical Fibre Cable.

An optical fibre is a very thin strand of glass or plastic. It carries data in the form of light signals over long distances. Because data travels as light and internet speed is extremely fast. These cables form the physical backbone of our modern telecom networks. when you invest in optical fibre cable stocks, you are buying a small piece of the companies that manufacture these cables. Many of these companies do more than just manufacturing. They also take up large contracts to lay down the cables across cities and villages.

Reasons for high demand of Optical Fibre Cable Stocks

You might be wondering why everyone is suddenly focusing on optical fibres stocks. The truth is, our daily data consumption has gone up rapidly. Here are the main reasons why the demand for Optical Fibre Cable Stocks is soaring right now.

• 5G: The 5G internet is the biggest reason for the demand of optical fibre. 5G requires small towers placed very close to each other.
• BharatNet Project: The Union Cabinet approved a massive budget of Rs 1.3 trillion for the BharatNet project. This government project alone requires millions of kilometers of new cable.
• Fiber to the Home: More people want superfast internet directly in their homes for streaming and working. Telecom companies are constantly replacing old copper lines with new fibre cables to meet this consumer demand.

All these factors combined create a massive ongoing market for cable manufacturers. That is exactly why we are seeing so much positive interest in these businesses today.

Read Also: Top 10 Cable Stocks in India

Top five Optical Fibre Cable Stocks

Now that we know the basics, let us look at the top companies in this space. We have picked the top five Optical Fibre Cable Stocks based on their market presence and business models.

1. HFCL (Himachal Futuristic Communications Limited)

Look at HFCL they’re another big name in India’s optical fibre space. The company controls around 5% share of the market, currently they are producing roughly 50,000 kilometers of cable. However, they’re pushing hard to grow that share. 

They’ve already doubled their capacity to 28 million fibre kilometers, and the management target to hit 43 million by June 2026. On top of that, they’re gearing up to make their own raw materials, which should really help cut costs and boost profit margins 

Particulars	March’24	March’25	March’26
Revenue/ sales from operations (Rs in Cr)	4,465	4,064	4,949
Net Profit (Rs in Cr)	317	172	329
ROCE (%)	13.95	8.61	12.16
Current Market Cap (Rs in Cr)	–	–	24,633

2. Sterlite Technologies

Sterlite Technologies is a leader in providing fibre optic solutions. company commands a massive 30% market share in India. it has a capacity of producing 300,000 kilometers of optical fibre cables every single year.

What makes it special is their constant focus on new technologies. They make special bend insensitive cables that are perfect for 5G networks and home broadband. This shows that cables do not lose their signal strength even when they are bent around tight corners in our cities.

However, the future is looking much better. They have received a huge jump in new orders recently. Right now, they have a strong open order book of Rs 73.09 billion for future projects. This strong order book gives us hope for a very good recovery in the coming years.

Particulars	March’24	March’25	March’26
Revenue/ sales from operations (Rs in Cr)	5,478	3,996	4,475
Net Profit (Rs in Cr)	-68	-72	56
ROCE (%)	4.51	-0.75	6.7
Current Market Cap (Rs in Cr)	–	–	22,610

3. Finolex Cables

Finolex Cables is a very famous name in the Indian wire and cable market. They have an impressive 18 percent market share in the optical fibre space. The company operates three big manufacturing units to meet market demands across the country.

They produce a wide variety of items, from regular power cables to advanced optical fibres. This variety keeps their business very safe and stable during tough times. They are currently expanding their capacity to produce around 8 million kilometers of optical fibres by early 2026.

Finolex has shown great financial growth over the last three years. Their profits and return on capital are also very strong and stable. This consistent performance makes them a very reliable stock to watch in this sector.

Particulars	March’24	March’25	March’26
Revenue/ sales from operations (Rs in Cr)	5,014	5,318	6,321
Net Profit (Rs in Cr)	505	468	714
ROCE (%)	13.58	11.67	16
Current Market Cap (Rs in Cr)	–	–	16,794

4. Birla Cable

Birla Cable is a dedicated manufacturer of optical fibre cables and telecom hardware. They hold a solid 20 percent market share in India. They are capable of producing around 200,000 kilometers of cable every year.

They focus mostly on providing basic network hardware to telecom companies. The company relies heavily on big infrastructure spending and 5G network rollouts. This means their business can go up and down depending on how much telecom operators are spending on new towers.

They hit a high in March 2023 with sales of Rs 792 cr. Recently, their numbers have cooled down a bit due to market cycles. Birla Cable remains a key player that could bounce back quickly as telecom projects pick up speed again.

Particulars	March’24	March’25	March’26
Revenue/ sales from operations (Rs in Cr)	685	661	771
Net Profit (Rs in Cr)	224.9	50.3	16
ROCE (%)	13.34	6.58	10.69
Current Market Cap (Rs in Cr)	–	–	503

5. Vindhya Telelinks

Vindhya Telelinks does two major things to generate money. They manufacture telecommunication cables, and they also build complete network projects for their clients. They currently hold about a 15 percent market share in cable manufacturing.

Because they take up huge government and private contracts, their overall sales volume is massive. They lay down cables for telecom companies, power distribution networks, and rural projects. This dual approach of manufacturing and contracting helps them generate a lot of stable revenue. They are backed by a strong promoter group, making them a steady business.

Particulars	March’24	March’25	March’26
Revenue/ sales from operations (Rs in Cr)	4,086	4,054	3,593
Net Profit (Rs in Cr)	112	85	-3
ROCE (%)	5.75	4.89	4.03
Current Market Cap (Rs in Cr)	–	–	2,069

Conclusion

The shift to faster internet and connected devices is not stopping anytime soon. As we have seen, the demand for optical fibre cables is supported by real world needs like 5G and rural broadband. While the industry can face temporary ups and downs, the long term picture looks highly promising.

It is always wise to keep an eye on these infrastructure companies as they build the physical backbone of our digital future. If you are looking to research these stocks further or want to start your investing journey, a good trading platform makes all the difference. You can explore Pocketful, a fast and secure app in India. They offer zero brokerage on equity investing and a very clean interface to track your portfolio. Happy Investing

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Selection Methodology and Important Disclaimer The stocks included in this list are selected primarily on the basis of their market capitalisation, which represents the total market value of a company’s outstanding shares. The companies are arranged in descending order of market capitalisation, with larger companies appearing first, followed by relatively smaller companies. This methodology is intended to provide a structured approach for identifying companies based on their market size and overall presence within a sector. However, market capitalisation should not be considered the sole factor while evaluating investment opportunities, as it does not guarantee future performance, profitability, or returns. Investors should also assess other important factors such as financial health, business fundamentals, management quality, valuation metrics, industry outlook, and market conditions before making investment decisions. The information provided is for educational and informational purposes only and should not be construed as investment advice, recommendation, solicitation, or an offer to buy or sell any securities by Pocketful Fintech Capital Private Limited.