What we do V-Marc India Ltd manufactures and retails electrical wires, cables, and readymade garments through a retail chain across India. |
Founded in 2,014 |
Market share Leading manufacturer of LT/HT power cables supplying major government and industrial clients across multiple Indian states. |
Problem solved Provides reliable, BIS-certified electrical cables and trendy readymade garments catering to infrastructure and retail demands. |
Top clients or who we serve Government entities like Indian Railways, Electricity Boards, BHEL, GAIL; B2B power sector and B2C retail customers. |
Key management Vikas Garg (Managing Director, founder), Meenakshi Garg (Non-Executive Director), Raj Kumar Pandey (Independent Director). |
Our journey and innovations Started in 1996 as wires & cables maker, expanded product range and capacity, listed in 2021, acquired LimeRoad for omnichannel presence. |
Where we operate Pan-India with manufacturing in Uttarakhand and retail stores across various cities. |
Top products or what we offer Electrical cables (up to 33KV), control cables, solar cables, and value retail garments under 'V-MARC India' brand. |
Top brands V-Marc India certified cables; acquired LimeRoad for retail expansion. |
Raw materials needed Aluminium and copper for cable manufacturing sourced from NALCO, BALCO, Hindalco, and other suppliers. |
Raw materials supplier NALCO, BALCO, Hindalco, KLJ Ltd., Kalpana Industries Ltd. |
Recurring vs cyclical contribution Primarily recurring revenue from manufacturing contracts and steady retail sales. |
Our industry position One of India's top LT/HT cable manufacturers with strong government and industrial client base. |
Financial highlights Revenue Rs. 904.87 Cr, Net Profit Rs. 36.09 Cr for FY2024-25; 60% revenue growth year-on-year. |
Geographical revenue split Mainly India across northern and central states with expanding retail footprint. |
Order book - |
Whats driving growth Capacity expansion, new product lines, government contracts, retail acquisition, and e-commerce growth. |
Our future plans New manufacturing unit setup and merchandise aligned with emerging fashion trends for retail segment. |
Our green promise ISO 14001:2015 certified manufacturing with continuous energy conservation efforts. |
Our people and values 732 employees with emphasis on training, ethical conduct, and inclusive workplace culture. |
Key challenges ahead Raw material price fluctuation, competitive retail market, and expanding operational scale. |
Interesting facts Pioneered high voltage cable manufacturing up to 33KV and integrated omnichannel retail via LimeRoad acquisition. |
Risks and strategy Mitigates supply risks via strong supplier ties; growth through capacity expansion and diversified product mix. |
