- CEO
- Devangbhai H. Patel
- Full Time Employees
- 48
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Survey No. 741 Ahmedabad India 382220
- IPO Date
- Apr 16, 2024
- Business
- DCG Cables & Wires Ltd manufactures and sells copper cables and wires primarily for use in transformers and related electrical applications. The company's core products include bare copper strips and flats; paper-covered copper strips and wires in Kraft, Crepe, Nomex, and Mica variants in rectangular and round shapes; multi-paper-covered copper conductors and connection cables; enamelled copper wires and magnet wires; enamelled copper strips; bare annealed copper wires and strips; copper tapes; and fiberglass-covered copper strips and wires. These offerings cater to transformer manufacturers, electrical wiring, power distribution, grounding systems, and construction materials across India.
Originally established in 2007 as Dhara Conductors, the company rebranded to DCG Cables & Wires Pvt Ltd in 2019, adopting the DCG brand, and converted to a public limited company in 2017 before listing on the NSE Emerge via an IPO in April 2024. Headquartered at 12, Agrasen Industrial Estate, Odhav Road, Ahmedabad, Gujarat, India, DCG operates a manufacturing facility in the GIDC Odhav area and is constructing a new plant spanning over 8,308 square meters in Bhayala, Bavla, Gujarat, leased from Promoter Director Devangbhai Patel for seven years starting November 2023 to consolidate operations, enhance efficiency, and optimize costs.
In its September 2025 Annual General Meeting, shareholders approved raising the borrowing limit to Rs. 700 crore, creating charges on assets, reappointing the managing director, and authorizing material related-party transactions, reflecting strategic financial expansion. The company has demonstrated strong growth, with compounded sales growth of 97% over five years and profit growth of 229% CAGR in the same period as of March 2025, alongside improved debtor days from 102 to 38. DCG Cables & Wires Ltd focuses on the electrical cables segment within India's industrials capital goods industry, employing approximately 69 people as of early 2024 and maintaining no dividend payouts to date.