What we do Systematic Industries Ltd manufactures and supplies steel wires and specialty cables for power, infrastructure, telecom, and agro sectors. |
Founded in 2,000 |
Market share Ranked as India's third-largest steel wire and specialty cable manufacturer. |
Problem solved Provides durable steel and fiber optic cables essential for power transmission, telecommunications, and infrastructure development. |
Top clients or who we serve Serves power transmission, telecommunications, infrastructure, agriculture sectors; B2B customers including PSUs and private industries. |
Key management Siddharth Rajendra Agarwal, Managing Director with over 25 years of industry experience. |
Our journey and innovations Started in 2002 with steel wires; expanded to diverse steel wire products and fiber optic cables; recently launched integrated OPGW and OFC products. |
Where we operate India-wide presence across 25 states; exports to 30+ countries including Japan, Europe, Latin America. |
Top products or what we offer Steel wires (MS, GI, HC, ACS), Optical Ground Wire (OPGW), Optical Fiber Cable (OFC) under brand 'Dura Fiber'. |
Top brands Dura Fiber: integrated fiber optic cables, first in India for zinc aluminum wire. |
Raw materials needed Steel, aluminum, optical fibers, chemicals for cable manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from cyclical industrial and infrastructure sectors with recurring contracts. |
Our industry position Third largest steel wire manufacturer in India; leading integrated OPGW producer. |
Financial highlights FY24 revenue Rs. 446.51 Cr, net profit Rs. 18.46 Cr; consistent CAGR and margin improvement. |
Geographical revenue split India contributes about 93%, Export about 7%. |
Order book - |
Whats driving growth Expansion into telecom fiber optic cables, capacity utilization, debt reduction, and high-margin product focus. |
Our future plans Aim to double volumes with existing capacity; expand fiber optic product range; targeted 25-30% growth per year to 2030. |
Our green promise - |
Our people and values Emphasizes transparency, compliance, and robust internal controls fostering sustainable growth. |
Key challenges ahead Steel price volatility, competition in telecom cables, dependence on infrastructure sector investments. |
Interesting facts Unique integrated OPGW manufacturing from steel wire to cable in India; major approvals from BSNL and RDSO. |
Risks and strategy Mitigates steel price risk through cost-plus contracts; invests in R&D and strategic partnerships for diversification. |
