Whalesbook
Data Centers Ka Dhamaka!
Dekho, pehle toh ye companies simple wires banati thi. Par ab toh pura game change ho gaya hai. Ye sab AI aur cloud computing ki wajah se ho raha hai, jisse India mein data centers boom kar rahe hain. Report bolti hai ki 2025 mein India ki data center capacity jo 1,337 MW thi, woh 2030 tak 3,395 MW ho jayegi! Is bade expansion mein wires aur cables ka business hi lagbhag ₹4,600 crore ka ho sakta hai. Poore industry ka size bhi ₹90,000 crore se badhkar ₹1,57,500 crore tak ja sakta hai FY30 tak. Isiliye companies ab Extra High Voltage (EHV) aur fiber-optic cables par zyada focus kar rahi hain.
Top Companies Ki Kahaani
Polycab, jo wires and cables mein India ki sabse badi player hai, FY26 mein ₹28,884 crore ka revenue kamaya. Ye log EHV capacity bana rahe hain jo late 2027 tak ready ho jayegi. Company ka FY26 EBITDA 35% badh kar ₹4,006 crore ho gaya tha.
R R Kabel ne toh FY26 mein $1 billion ka revenue cross kar liya, jo ₹9,722 crore banta hai. Ye log 220 KV tak ke EHV cables banane ke liye ₹1,200 crore invest kar rahe hain, jo FY28 tak aayega. FY26 mein EBITDA 62% jump karke ₹789 crore ho gaya tha.
Aur KEI Industries bhi peeche nahi hai. FY26 mein ₹11,748 crore ka revenue kamaya aur Sanand plant ka expansion Q4FY27 tak aa raha hai, jisse FY28 mein 20% tak ka volume growth expect hai. America mein data centers ke liye inki exports bhi zabardast hai.
Kya Hain Risks?
Abhi sab acha lag raha hai, par kuch risks bhi hain. Copper aur aluminum jaise raw materials ke price fluctuate ho sakte hain, jisse profit margin par asar pad sakta hai. Middle East se R R Kabel ki export revenue 12% hai, jisme thoda risk hai. Aur haan, ye sabhi stocks abhi P/E 50x ke aas paas trade kar rahe hain, matlab future growth kaafi price mein already include hai. Agar data centers ki demand kam hui toh correction aa sakta hai.