With 5g rollout around the corners, this looks interesting. In ofc space this is an ethical company, rest all have ethical issues ( like aksh optifiber), or high debt ( like sterlite tech ).
5g would call 5x ofc as compared to current ofc penetration, as only 20% of today’s cables are ofc based and 5g can only work with ofc.
Current revenue of company - 13.5% comes from ofc space, although it is low compared to overall. They are at 75% capacity and plan to do capex for additional 60% increase. So they can increase their revenue proportion from ofc. They have a huge opportunity ahead if they act aggressive.
Need to evaluate the presence and pie size in ofc for other competitor like polycab .
Disc : recently added 2.5% in portfolio with 5g story as opportunity for next 5 years in mind