Synopsis:
Shares of Containerway International Ltd surged 5 percent on Thursday after the company announced its entry into household cables manufacturing under the brand “Indus Cables.” The new business is expected to commence in October 2025, with management projecting substantial growth over the next five years, supported by strong real estate demand.
A logistics and infrastructure solutions player unveiled plans to diversify into the cables business. Investors responded positively, with the stock opening at its day’s high and locking into the upper circuit, signaling confidence in the company’s growth outlook.
Containerway International Ltd, with a market capitalization of Rs. 25.74 crore, opened at Rs. 22.24 against a previous close of Rs. 21.19. The stock opened at its intraday high of Rs. 22.24 and immediately hit its 5 percent upper circuit.
What’s the News?
The company announced its foray into the manufacturing of household cables under the brand “Indus Cables.” Management confirmed that tie-ups and contractual arrangements for the venture are underway, with operations expected to commence from October 2025.
This strategic move is aimed at capitalizing on the anticipated surge in real estate development over the next five years. The company expects this expansion to significantly boost turnover in the coming 5 years, with management expressing optimism about creating sustainable value for shareholders.
By establishing Indus Cables, the company is diversifying beyond its traditional business areas, positioning itself to tap into the fast-growing household and real estate-linked demand for cables, thereby broadening revenue streams and strengthening long-term growth prospects.
Also read: Penny stock under ₹50 in focus after promoter bought 1 Cr shares in the Co.
Financial Snapshot
In Q1FY26, sales declined sequentially from Rs. 7.81 crore to Rs. 7.14 crore, a fall of 8.6 percent. Operating loss widened from Rs. 0.30 crore to Rs. 3.01 crore, while negative profit before tax widened from a loss of Rs. 0.27 crore to a loss of Rs. 3 crore. Net loss expanded from Rs. 0.36 crore to Rs. 2.05 crore.
On a yearly basis, sales improved from nil in Q1FY25 to Rs. 7.14 crore in Q1FY26, though the company had reported other income of Rs. 1.07 crore in the base period. Operating loss widened from Rs. 0.05 crore to Rs. 3.01 crore. Profit before tax fell from a gain of Rs. 1.02 crore to a loss of Rs. 3 crore, while net profit turned into a loss of Rs. 2.05 crore compared to a profit of Rs. 0.89 crore last year. Over the past year, the stock has delivered a strong return of 87 percent.
About the Company
Containerway International Ltd, now rebranded as Indus Aluminium Recyclers Limited, was earlier engaged in transport and logistics services, handling freight booking, customs clearance, documentation, and haulage.
The company has recently realigned its focus towards aluminum recycling, in line with growing global demand for sustainable materials and ESG compliance requirements.
This transition marks a strategic shift from pure logistics operations to a recycling-led business model, with added diversification into household cables manufacturing under the Indus Cables brand.
Written by – Manan
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
