Cutix Cables

What Cutix Cables does

Cutix PLC is a Nigerian public limited company listed on the Nigerian Exchange (ticker: CUTIX) that manufactures and sells electrical wires and cables for residential, commercial, industrial, and telecommunications applications. Founded in 1983 and headquartered in Nnewi, Anambra State, the company operates a horizontal product portfolio spanning house wiring cables, industrial power cables, flexible cables, bare copper conductors, aluminum service cables, and a newly launched HFFR (Halogen-Free Fire-Resistant) line targeting safety-critical installations. The business serves three primary customer segments — residential/house wiring end-users, industrial and commercial energy distribution customers, and electrical contractors and distributors — through a quote-based sales model executed via its headquarters and 9 regional branch offices across Nigeria (Aba, Enugu, two Lagos, two Abuja, Obosi, Port Harcourt, Uyo), supplemented by a distributor network.

The company generates revenue almost exclusively through hardware sales of cables and wires, with reported revenue of N10.9 billion for the nine months ended January 2026. It employs between 101 and 250 people. Recent strategic activity includes commissioning a new extrusion line in 2025 to expand manufacturing capacity and the launch of the HFFR fire-resistant cable product. The company is recognized by the Financial Times as Africa's fastest growing company in cable manufacturing and its former CEO received a NASME leadership award in 2025. Distribution is exclusively domestic (Nigeria); no international operating footprint, subsidiaries, patents, formal partnerships, or AI/technology platform capabilities were disclosed. In March 2026, Cutix appointed an Acting CEO (Uchechukwu Igbokwe, an internal promotion) and Acting CFO following the exit of their predecessors, concurrent with a reported 94.5% year-over-year decline in pre-tax profit to N69.4 million.

Name

Cutix Cables

Legal name

Cutix Plc

Website

https://cutixplc.com.ng

Company type

Public

Founded year

1983

Operating status

Operating

Headcount range

101–250 employees

Short description

Cutix PLC is a Nigerian publicly listed cable and wire manufacturer serving residential, industrial, and commercial customers across Nigeria through 10 branch offices and a distributor network. Founded in 1983 and headquartered in Nnewi, it produces house wiring, industrial power, flexible, bare conductor, aluminum service, and fire-resistant cables.

Ownership category

akta.pro rank

Product category

Electrical Cable Manufacturing

NAICS

Communication and Energy Wire and Cable Manufacturing (33592), Other Communication and Energy Wire Manufacturing (335929)

SIC

Electric Lighting & Wiring Equipment (3640), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Building Wire & Cable (Residential/Commercial) (IMADAMAA)

akta.pro secondary industries

Industrial Power Cable (MV/HV) (IMADAMAB), Flexible Cords, Portable Power & Cord Sets (IMADAMAI), Power Cables & Conductors (LV/MV cables, flexible cables, bus wire, armored cable) (IMAGAEAC)

Keywords

• Electrical cable manufacturing
• House wiring cables
• Industrial power cables
• Fire resistant cables
• Bare copper conductors

Headquarters

HQ city

Nnewi

HQ country

Nigeria

HQ region

Africa

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Cable and Wire Sales: Cutix generates revenue primarily from manufacturing and selling a wide range of electrical cables and wires including house wiring, industrial power cables, flexible cables, bare conductors, and aluminum service cables. The company reported revenue of N10.9 billion for the nine months ended January 2026.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Cutix Plc manufactures and sells a diversified range of electrical cables and wires in Nigeria, including house wiring cables for residential use, industrial power cables for energy distribution, flexible cables for automotive and variable routing, bare copper conductors for earthing, aluminum service cables for overhead distribution, and fire-resistant HFFR cables for safety-critical installations. Products are sold directly through its Nnewi head office and nine regional branches, and through an authorized distributor network.

Product overview

Cutix Cables is a cable and wire manufacturing company offering a diversified portfolio of electrical cable products. The core product lineup consists of House Wiring Cables for residential applications, Industrial Power Cables for demanding industrial energy distribution, Flexible Cables for automotive and variable routing uses, Bare Conductors (copper) for earthing applications, and Aluminum Service Cables for overhead distribution. Recently, the company expanded into advanced safety products with its Fire-Resistant Cable (HFFR Halogen Free) line. All products undergo rigorous quality assurance to meet necessary standards and ensure safety, durability, and performance.

Differentiator

Problem solved

Functional benefit

Products and services

• House Wiring Cables Electrical cables designed for residential wiring applications, meeting safety and quality standards for domestic energy distribution.
• Industrial Power Cables Heavy-duty cables engineered for energy distribution installations in industrial settings, designed to withstand harsh environmental conditions and ensure long-term reliability with reduced energy loss.
• Flexible Cables Cables designed for applications requiring flexibility, including automotive and variable routing installations, allowing for ease of installation in tight spaces and moving components.
• Bare Conductors Bare copper conductors primarily used in earthing applications to maximize thermal and electrical conductivity, manufactured to international standards for durability and corrosion resistance.
• Aluminum Service Cables Cables utilizing aluminum conductors designed for service drop applications, offering lightweight and cost-effective solutions for energy distribution.
• Fire-Resistant Cable (HFFR Halogen Free) Advanced fire-resistant cables with halogen-free properties designed for enhanced safety in buildings and installations where fire protection is critical.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves3 records

Expansion highlights4 records

Regional players

• Ducab: UAE-based cable manufacturer serving the Middle East and Africa with industrial, building, and specialty cables including fire-resistant variants. Comparable on product mix and emerging-market commercial dynamics; does not directly compete in Nigeria.
• South Ocean Holdings (Waco Industries): South African group with cable manufacturing operations also serving West African markets. Comparable as a regional cable peer with similar product mix but operating primarily from a different geography.
• Tropical Cables and Conductors: Zambian manufacturer of power cables, conductors, and house wiring cables serving Southern and East African markets. Comparable as a regional African cable peer with overlapping product categories.
• African Cables Limited: South African cable manufacturer producing low- and medium-voltage power cables, conductors, and bare wires. Operates in a different geography but with overlapping product portfolio and customer use cases in power distribution and electrification.

Broad incumbents

• LS Cable & System: Korean global cable and conductor manufacturer with broad power, telecom, and specialty cable offerings. Comparable as a broad incumbent that competes for large infrastructure projects in Africa.
• Nexans: Global cable manufacturer with strong presence in power distribution, industrial, and building wire segments. Comparable product categories to Cutix but operating at vastly larger scale across multiple continents.
• Prysmian Group: World's largest cable manufacturer with a global portfolio across energy, telecom, and building cables. Sets benchmark pricing, quality, and certification standards for the cable industry and competes for large industrial and utility tenders in Africa.

Direct peers

• Coleman Wires and Cables: Nigeria-based manufacturer of electrical wires and cables serving residential, commercial, and industrial markets. Direct competitor with overlapping product categories (house wiring, flexible, industrial power) and the same Nigerian distribution dynamics.
• KAM Industries (Kabelmetal Nigeria): Nigerian manufacturer of electrical cables including building wires, flexible cords, and power cables. Direct competitor operating in the same domestic market with comparable product breadth and customer base.

Emerging players

• International Wire Group (CASCO): Specialty wire and cable manufacturer serving industrial, energy, and infrastructure applications. Comparable on product form factor (bare and insulated conductors, specialty cabling) although primarily serving North American and European customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/cutixcable
• Xx.com/Cutixcables
• LinkedInlinkedin.com/company/cutix-cables

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cutix Cables