R R Kabel Ltd.
RRKABELIndustrials filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
12 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 12 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20231113 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240203 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240603 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240804 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241029 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250201 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250508 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250805 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251107 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260207 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260508 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260803 | 2026-06-30 | yes |
RRKABEL
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 2,529.80 |
| 52-week range | 1218.3 – 2928.4 |
| Return 1M | -9.69% |
| Return 3M | 1.67% |
| Return 1Y | 100.32% |
| Return 3Y | 114.25% |
| Return 5Y | not reported for this period |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 3,168.00 |
| Other income | 33.00 |
| Total income | 3,201.00 |
| Cost of materials consumed | 2,595.00 |
| Purchases of stock-in-trade | 154.00 |
| Changes in inventories | -169.00 |
| Employee benefit expense | 129.00 |
| Finance costs | 26.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.61 | -0.00 |
| institutions foreign | 0.11 | 0.02 |
| institutions domestic | 0.12 | -0.01 |
| mutual funds | 0.11 | -0.00 |
| public | 0.39 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 12 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,610.00 | 1,634.00 | 1,754.00 | 1,808.00 | 1,810.00 | 1,782.00 | 2,218.00 | 2,059.00 | 2,164.00 | 2,536.00 | 2,964.00 | 3,168.00 |
| Other income | 15.00 | 12.00 | 19.00 | 19.00 | 7.00 | 13.00 | 12.00 | 12.00 | 17.00 | 14.00 | 13.00 | 33.00 |
| Total income | 1,624.00 | 1,646.00 | 1,773.00 | 1,827.00 | 1,817.00 | 1,796.00 | 2,230.00 | 2,071.00 | 2,181.00 | 2,550.00 | 2,977.00 | 3,201.00 |
| Cost of materials consumed | 1,257.00 | 1,148.00 | 1,340.00 | 1,546.00 | 1,350.00 | 1,391.00 | 1,550.00 | 1,640.00 | 1,783.00 | 2,147.00 | 2,652.00 | 2,595.00 |
| Purchases of stock-in-trade | 111.00 | 103.00 | 98.00 | 112.00 | 130.00 | 127.00 | 126.00 | 106.00 | 114.00 | 109.00 | 131.00 | 154.00 |
| Changes in inventories | -78.00 | 71.00 | -6.00 | -163.00 | 42.00 | -63.00 | 107.00 | -62.00 | -142.00 | -175.00 | -371.00 | -169.00 |
| Employee benefit expense | 80.00 | 82.00 | 78.00 | 89.00 | 89.00 | 91.00 | 80.00 | 93.00 | 101.00 | 99.00 | 107.00 | 129.00 |
| Finance costs | 14.00 | 12.00 | 13.00 | 12.00 | 16.00 | 16.00 | 15.00 | 15.00 | 16.00 | 19.00 | 25.00 | 26.00 |
| Depreciation and amortisation | 17.00 | 16.00 | 16.00 | 16.00 | 17.00 | 18.00 | 19.00 | 20.00 | 22.00 | 24.00 | 26.00 | 30.00 |
| Other expenses | 118.00 | 117.00 | 129.00 | 130.00 | 113.00 | 125.00 | 161.00 | 139.00 | 131.00 | 152.00 | 183.00 | 175.00 |
| Total expenses | 1,520.00 | 1,550.00 | 1,668.00 | 1,741.00 | 1,757.00 | 1,706.00 | 2,058.00 | 1,952.00 | 2,026.00 | 2,374.00 | 2,754.00 | 2,941.00 |
| Profit before exceptional items and tax | 105.00 | 96.00 | 105.00 | 86.00 | 60.00 | 90.00 | 172.00 | 119.00 | 155.00 | 176.00 | 223.00 | 260.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 1.00 | 0.00 | 0.00 | -19.00 | 0.00 | 14.00 |
| Profit before tax | 105.00 | 96.00 | 106.00 | 86.00 | 60.00 | 90.00 | 173.00 | 119.00 | 155.00 | 157.00 | 223.00 | 274.00 |
| Current tax | 27.00 | 25.00 | 24.00 | 22.00 | 15.00 | 26.00 | 39.00 | 29.00 | 36.00 | 37.00 | 57.00 | 64.00 |
| Deferred tax | 4.00 | 0.00 | 3.00 | -0.00 | -5.00 | -5.00 | 5.00 | 1.00 | 2.00 | 4.00 | 1.00 | 7.00 |
| Tax expense | 31.00 | 25.00 | 27.00 | 22.00 | 10.00 | 22.00 | 44.00 | 30.00 | 39.00 | 41.00 | 57.00 | 71.00 |
| Profit for the period | 74.00 | 71.00 | 79.00 | 64.00 | 50.00 | 69.00 | 129.00 | 90.00 | 116.00 | 118.00 | 168.00 | 205.00 |
| Profit attributable to owners | 0.00 | — | — | — | — | — | — | — | — | — | — | — |
| Profit attributable to non-controlling interests | 0.00 | — | — | — | — | — | — | — | — | — | — | — |
| Other comprehensive income | -1.00 | 4.00 | -9.00 | 27.00 | 65.00 | -21.00 | -6.00 | 30.00 | -10.00 | -0.00 | -7.00 | 59.00 |
| Total comprehensive income | 73.00 | 75.00 | 70.00 | 92.00 | 114.00 | 48.00 | 123.00 | 120.00 | 107.00 | 118.00 | 161.00 | 264.00 |
| Earnings per share, basic | 6.66 | 6.35 | 7.03 | 5.71 | 4.39 | 6.07 | 11.43 | 7.94 | 10.28 | 10.46 | 14.85 | 18.14 |
| Earnings per share, diluted | 6.65 | 6.34 | 7.02 | 5.69 | 4.38 | 6.07 | 11.42 | 7.94 | 10.28 | 10.45 | 14.85 | 18.14 |
Annual results, as filed
| Line | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|
| Revenue from operations | 6,595.00 | 7,618.00 | 9,722.00 |
| Other income | 63.00 | 51.00 | 56.00 |
| Total income | 6,657.00 | 7,669.00 | 9,779.00 |
| Cost of materials consumed | 4,943.00 | 5,837.00 | 8,222.00 |
| Purchases of stock-in-trade | 404.00 | 495.00 | 460.00 |
| Changes in inventories | 3.00 | -77.00 | -749.00 |
| Employee benefit expense | 317.00 | 348.00 | 400.00 |
| Finance costs | 54.00 | 59.00 | 75.00 |
| Depreciation and amortisation | 65.00 | 70.00 | 92.00 |
| Other expenses | 467.00 | 529.00 | 606.00 |
| Total expenses | 6,252.00 | 7,262.00 | 9,106.00 |
| Profit before exceptional items and tax | 405.00 | 407.00 | 673.00 |
| Exceptional items | 1.00 | 2.00 | -19.00 |
| Profit before tax | 406.00 | 409.00 | 654.00 |
| Current tax | 101.00 | 103.00 | 159.00 |
| Deferred tax | 7.00 | -5.00 | 8.00 |
| Tax expense | 108.00 | 98.00 | 167.00 |
| Profit for the period | 298.00 | 312.00 | 492.00 |
| Other comprehensive income | 23.00 | 65.00 | 13.00 |
| Total comprehensive income | 321.00 | 377.00 | 505.00 |
| Earnings per share, basic | 26.62 | 27.58 | 43.53 |
| Earnings per share, diluted | 26.57 | 27.57 | 43.52 |
Balance sheet, as filed
| Line | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Total assets | 2,835.00 | 2,869.00 | 3,241.00 | 3,517.00 | 3,678.00 | 4,621.00 |
| Non-current assets | 760.00 | 874.00 | 1,096.00 | 1,264.00 | 1,415.00 | 1,512.00 |
| Current assets | 2,075.00 | 1,995.00 | 2,145.00 | 2,252.00 | 2,263.00 | 3,109.00 |
| Property, plant and equipment | 463.00 | 466.00 | 575.00 | 708.00 | 891.00 | 1,072.00 |
| Capital work-in-progress | 71.00 | 164.00 | 130.00 | 235.00 | 204.00 | 72.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 4.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 923.00 | 898.00 | 1,019.00 | 1,011.00 | 1,262.00 | 1,771.00 |
| Trade receivables | 626.00 | 641.00 | 711.00 | 823.00 | 856.00 | 998.00 |
| Cash and cash equivalents | 13.00 | 81.00 | 32.00 | 216.00 | 11.00 | 86.00 |
| Total equity and liabilities | 2,835.00 | 2,869.00 | 3,241.00 | 3,517.00 | 3,678.00 | 4,621.00 |
| Equity | 1,718.00 | 1,828.00 | 2,009.00 | 2,153.00 | 2,340.00 | 2,574.00 |
| Equity share capital | 56.00 | 56.00 | 57.00 | 57.00 | 57.00 | 57.00 |
| Other equity | 1,661.00 | 1,772.00 | 1,952.00 | 2,096.00 | 2,283.00 | 2,518.00 |
| Total liabilities | 1,117.00 | 1,041.00 | 1,232.00 | 1,364.00 | 1,338.00 | 2,047.00 |
| Non-current liabilities | 107.00 | 99.00 | 105.00 | 102.00 | 113.00 | 163.00 |
| Current liabilities | 1,010.00 | 942.00 | 1,127.00 | 1,262.00 | 1,226.00 | 1,884.00 |
| Borrowings, non-current | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 |
| Borrowings, current | 369.00 | 289.00 | 408.00 | 222.00 | 326.00 | 231.00 |
| Trade payables | 413.00 | 429.00 | 519.00 | 762.00 | 685.00 | 1,364.00 |
Cash flow, as filed
| Line | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Net cash from operating activities | 33.00 | 339.00 | 34.00 | 494.00 | -130.00 | 295.00 |
| Net cash from investing activities | 17.00 | -84.00 | -143.00 | -169.00 | -101.00 | -263.00 |
| Net cash from financing activities | -69.00 | -205.00 | 60.00 | -191.00 | 26.00 | -162.00 |
| Purchase of property, plant and equipment | 64.00 | 190.00 | 161.00 | 367.00 | 167.00 | 291.00 |
| Net increase in cash | -18.00 | 50.00 | -49.00 | 134.00 | -204.00 | -130.00 |
| con:CFO.BEFORE_TAX | 71.00 | 436.00 | 73.00 | 591.00 | -66.00 | 448.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 37.00 | 97.00 | 40.00 | 96.00 | 63.00 | 153.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 1.00 | 2.00 | 0.00 | 1.00 | 2.00 | 2.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-09-20 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 62.76 | 62.76 | 62.76 | 62.76 | 61.88 | 61.78 | 61.80 | 61.80 | 61.76 | 0.62 | 0.62 | 0.62 | 0.61 |
| Domestic institutions | 7.13 | 8.65 | 8.86 | 9.37 | 13.53 | 14.34 | 14.34 | 14.75 | 13.63 | 0.14 | 0.14 | 0.13 | 0.12 |
| Mutual funds | — | — | — | — | — | — | — | — | 10.97 | 0.11 | 0.12 | 0.11 | 0.11 |
| Insurance companies | 1.59 | 2.04 | 1.75 | 1.65 | 3.19 | 3.45 | 3.30 | 2.35 | 1.78 | 0.02 | 0.01 | 0.01 | 0.00 |
| Foreign institutions | 2.98 | 5.00 | 4.69 | 4.16 | 6.54 | 7.35 | 7.82 | 7.18 | 8.57 | 0.08 | 0.08 | 0.09 | 0.11 |
| Government | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | — | 0.00 |
| Public | 37.24 | 37.24 | 37.24 | 37.24 | 38.12 | 38.22 | 38.20 | 38.20 | 38.24 | 0.38 | 0.38 | 0.38 | 0.39 |
| Non-institutional | 27.13 | 23.59 | 23.69 | 23.71 | 18.05 | 16.53 | 16.04 | 16.27 | 16.04 | 0.16 | 0.16 | 0.16 | 0.16 |
| Shares outstanding | 112818761 | 112818761 | 112818761 | 112818761 | 112818761 | 113056597 | 113068453 | 113072901 | 113086233 | 113087717 | 113089201 | 113105505 | 113105505 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| RAM RATNA INTERNATIONAL | Entities where control/ significan | Any other transaction, Purchase of goods or services | 1,019,160,000.00 | 3 |
| RR IMPERIAL ELECTRICALS LIMITED | JOINT VENTURE | Sale of goods or services | 230,319,000.00 | 1 |
| RAM RATNA WIRES LIMITED | Entities where control/ significan | Dividend received, Purchase of fixed assets, Purchas | 100,435,000.00 | 4 |
| MEW ELECTRICALS LIMITED | Entities where control/ significan | Any other transaction, Dividend paid, Purchase of go | 63,943,000.00 | 4 |
| GLOBAL COPPER PRIVATE LIMITED | Entities where control/ significan | Sale of goods or services | 51,894,000.00 | 1 |
| EPAVO ELECTRICALS PRIVATE LIMITED | Entities where control/ significan | Purchase of goods or services, Sale of goods or serv | 46,057,000.00 | 2 |
| TRIBHUVANPRASAD RAMESHWARLAL KABRA | PROMOTERS | Any other transaction, Dividend paid, Remuneration | 41,103,000.00 | 4 |
| KGR WORLDWIDE SOLUTIONS LLP | PROMOTER GROUP | Dividend paid, Sale of goods or services | 39,231,000.00 | 2 |
| SHREEGOPAL RAMESHWARLAL KABRA | PROMOTERS | Any other transaction, Dividend paid, Remuneration | 35,295,000.00 | 4 |
| MAHENDRAKUMAR RAMESHWARLAL KABRA | INDEPENDENT DIRECTOR | Any other transaction, Dividend paid | 29,727,000.00 | 3 |
| SARITA JHAWAR | PROMOTER GROUP | Dividend paid | 26,309,000.00 | 1 |
| HEMANT MAHENDRAKUMAR KABRA | PROMOTER GROUP | Dividend paid | 18,135,000.00 | 1 |
| MAHHESH TRIBHUVANPRASAD KABRA | PROMOTER GROUP | Any other transaction, Dividend paid | 17,816,000.00 | 2 |
| KIRTIDEVI SHREEGOPAL KABRA | PROMOTERS | Any other transaction, Dividend paid | 17,128,000.00 | 3 |
| SHREEGOPAL KABRA HUF | PROMOTER GROUP | Any other transaction, Dividend paid | 14,351,000.00 | 3 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-03 | Q1FY27 | KABEL LIMITED, R R KABEL LIMITED | Read the call |
| 2026-05-08 | Q4FY26 | KABEL LIMITED, R KABEL LIMITED | Read the call |
| 2026-02-07 | Q3FY26 | Read the call | |
| 2025-11-07 | Q2FY26 | Read the call | |
| 2025-08-05 | Q1FY26 | Read the call | |
| 2025-05-08 | Q4FY25 | R R KABEL LIMITED | Read the call |
| 2025-02-01 | Q3FY25 | R KABEL LIMITED | Read the call |
| 2024-10-29 | Q2FY25 | KABEL LIMITED | Read the call |
| 2024-08-04 | Q1FY25 | R KABEL LIMITED | Read the call |
| 2024-06-03 | Q4FY24 | R R KABEL LIMITED | Read the call |
| 2024-02-03 | Q3FY24 | RR KABEL LIMITED | Read the call |
| 2023-11-13 | Q2FY24 | R R KABEL LIMITED | Read the call |
What they said about it, quarter by quarter
| Topic | Q2FY25 | Q2FY26 | Q3FY24 | Q3FY25 | Q3FY26 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | Our strategic and initiatives remain firmly on track and we are on course to complete the current CAPEX cycle, which will enable us to achieve our fut… | The second quarter saw stable GDP momentum, supported by government infrastructure spending, healthy private capex and gradually improving consumer se… | We are committed to a comprehensive CAPEX plan of Rs. | The current capex cycle continues to remain on track. | And sir, just on capacity utilization and just capex coming on line. | We are already undertaking capacity addition with the primary focus on power cable to improve margins as part of our comprehensive self-funded CAPEX p… | First, on the capex announcement of INR1,050 crores with 36,000 tons capacity. | Our INR1,200 crores capex program for FY26 to FY28 is progressing as planned. |
| Capital allocation | — | — | — | — | — | — | May 05, 2025 with our history of creating value for our shareholders and considerably paying dividend. | In line with our history of creating value for our shareholders and considerably paying dividend, it pleases me to announce that the Board of Director… |
| Costs | So, PV means last month raw material prices, it keeps changing on every next month supply. | Our ability to manage cost pressures while maintaining quality has been a key differentiator in an otherwise competitive market. | — | And what happens, always there will be like time lag between passing on the prices of like whatever raw material prices has been changed. | — | And third, since copper is a really large raw material for us, what is the internal thought process like inflation in copper prices in next 3 months t… | I understand volatility in raw material and general industry risk, but from a company perspective, what -- I was referring to more gaps that we need t… | The quarter was marked by heightened geopolitical tension, which created some uncertainty in global trade conditions and volatility in input costs. |
| Debt and cash | Additionally, we have successfully maintained our working capital days at 63 as of September 30th, 2024, further underscoring our commitment to sound … | Our working capital has remained stable during the period with debtors days being in line with previous periods. | During the nine months FY24 the Company has maintained its working capital days at 65 days, the same as previous quarters, and has improved from all t… | Additionally, we have successfully maintained our working capital days broadly in the range of 60 to 65 days as of December 31, 2024, further undersco… | Our focus remained on optimizing sourcing, strengthening supply chain efficiency and managing R R Kabel Limited February 02, 2026 working capital prud… | During FY24, the Company maintained its working capital days at 64 days, ensuring the short- term financial obligations and expenses are met while con… | The company has also been consistently improving its working capital cycle from 88 days in FY '22 to 56 days in FY '25. | Importantly, FMEG losses have reduced as compared to last year, and we remain on track to achieve breakeven in FY27. Our balance sheet and working cap… |
| Demand | But now we are focusing on changing the product mix to have higher profitability and our cable exports are increasing as my capacity is also enhancing… | While inflation moderated and rural demand is showing early signs of recovery, the broader industrial ecosystem remained cautious due to input cost fl… | So, we started our export journey through wire export only, but gradually and slowly we also developed a cable export and now cable is increasing, and… | Our cable and wire segment demonstrated moderate volume growth on a nine-month FY '25 basis, supported by steady demand fundamentals, especially in ca… | The supportive inflation environment enabled a more accommodative monetary stance with cumulative rate reductions, improving borrowing conditions acro… | Today, the Indian real estate sector stands at the pivotal juncture as India progresses towards becoming a developed economy with its strong multiplie… | With the industry growing at nearly twice the rate of GDP, the increasing participation of new entrants signals robust demand and a promising future. | Despite this, India continued to benefit from steady demand drivers led by infrastructure, housing and industrial activity. |
| Guidance | When we talk about guidance of our wire and cable business, given the situation of high volatility in copper prices during the first half of the impac… | R R Kabel Limited November 03, 2025 Looking ahead, we remain optimistic about the outlook for the second half of FY '26 and expect the second half to … | So, what's your guidance related to the losses when this entire portfolio breaks even? | As we reflect on Q3 FY '25, I would like to share some insights into the factors influencing our performance and our outlook for the remaining of the … | And it may be -- like, whatever we had guidance in the beginning of the year, where we want to project 100 basis improvement until Q3, we have done th… | What is leading to this margin expansion in FY25 and similarly, should we expect further margin expansion in FY26 also that's the question actually, I… | The margin expansion was supported by a favorable operating leverage and contained operational expenses, aligned with our earlier guidance of achievin… | But should we expect probably high single digit to low double digit volume growth to continue in the coming quarters as well? |
| Margin | The EBIT margin for the segment stood at 5.1% impacted by copper price volatility and delay in passing the cost instantaneous. | R R Kabel Limited November 03, 2025 On the profitability front, EBITDA rose sharply to INR176.1 crores, an increase of 105.8% year- on-year from INR85… | 372 crores driven by the increase in gross margin contribution supported by volume growth. | To capitalize on this demand, we continue to undertake several strategic initiatives, including capacity expansion, the introduction of high-margin pr… | On the profitability front, EBITDA for Q3 FY '26 increased to INR206 crores an 86% year-on- year growth compared to INR111 crores in Q3 FY '25. | We are pleased to announce that FY24 has been our most successful year yet, which record high in revenue operating EBITDA and PAT fueled by robust vol… | FY '25 has been a dynamic year filled with both challenges and meaningful achievements that have set up our resilience and positioned us for continued… | Last year, we had set a 3-year road map under ‘Project RRise’ with targets of 18% CAGR in Wires & Cables, along with 25% CAGR in FMEG, leading to a cu… |
| People | Capacity utilization for cables and wires for the second quarter. | Sir, my first question is on the utilization level. | So, I wanted to know what is the capacity utilization in the wires and cables? | And at what level of utilization of your capacity currently in? | And if you could just give us the capacity utilization numbers across wires & cables? | — | So this despite being brownfield expansion and assuming in a best case, we reached a full utilization of 36,000, assuming INR1,000 per kg realization,… | It means since in cable already we are at optimum utilization of more than 90% so to meet this growth plan we will keep adding capacity. |
| Pricing | One more question I had was that in case we were unable to pass on the price hike, my sense is from a pricing perspective in India, RR Kabel was prett… | So my first question, whether we have taken any price hike in Q2 or any price hike anticipation over the next one or two quarters? | So, still our majority of the exports are coming from wire and like wire product is considered very simple product in export market and therefore thei… | In lights also, we have seen a very good growth, but due to that price rationalization and negative pricing in lighting, the growth is flat at value l… | While volatility in copper and aluminium prices persisted during the period, improved pricing discipline across the industry and tighter procurement c… | So, how do you see the price hike that we and the industry would have taken in past 2 to 3 months, also if the metal cycle continues to remain on uptr… | So are you assuming, sir, like a substantial relative price hikes in your portfolio as in your currently pricing is lower compared to peers and you pl… | In this environment, timely pricing actions, disciplined procurement, and effective, efficient execution remained critical for sustaining performance. |
| Revenue growth | Our wire and cable business recorded a revenue of Rs.1,612 crores in Q2 FY'25, up from Rs.1,450 crores in Q2 FY'24, marking a growth of approx. 11%. | This growth was primarily driven by robust performance in the wires and cables business, where we achieved healthy volume expansion and improved reali… | 124.6 crores in nine months FY23 to INR 219.4 crores showcasing a notable growth of 76%. | Additionally, our FMEG segment continued its impressive trajectory, delivering a robust revenue growth of approximately 25% during this period. | This growth was primarily driven by strong momentum in the wires & cables business, supported by healthy volume growth and improved realization, mainl… | 1,754 crores, reflecting a growth of approx. 16% on a Y-o-Y basis. | Looking ahead, we see strong potential for continued growth in Wires & Cables segment, driven by strategic capacity expansion, targeting new markets, … | Full-year revenue stood at INR9,722.4 crores, reflecting growth of 27.6% over the previous year. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2023-11-13 | Q2FY24 | R R KABEL LIMITED | If I just back calculate the last year second half profit EBITDA margin blended, were around 7.5% and we are already there in the Q2. So, from here on, should we expect further improvement in margins or probably these are more steady state margins at least in the near term for next two, three quarters? |
| 2024-06-03 | Q4FY24 | R R KABEL LIMITED | And the way forward also guidance of the 20% plus of guidance, 25% of growth guidance in this segment, you are expecting your contribution to maintain at this level, or you are expecting the switches segment to grow faster and contribution to change in coming years? |
| 2025-02-01 | Q3FY25 | R KABEL LIMITED | Domestically, despite slowdown in the economy, we have seen 6% growth Y-o-Y in Q3. Looking ahead, we anticipate a significant boost in infrastructure and housing activity driven by higher government spending, positioning us for a robust recovery in coming quarters. |
| 2025-02-01 | Q3FY25 | R KABEL LIMITED | Additionally, we are on track to increase our revenue contribution from the cable segment from 30% to 35%. |
| 2025-02-01 | Q3FY25 | R KABEL LIMITED | On guidance for Q4, are you saying cable and wire EBIT margin can go to 8% from 7% in Q3? |
| 2025-05-08 | Q4FY25 | R R KABEL LIMITED | Over the next 3 years, we aim to deliver a Wires & Cables revenue CAGR of 18% and FMEG revenue CAGR of 25%, together, driving a 2.5x growth in EBITDA. |
| 2025-05-08 | Q4FY25 | R R KABEL LIMITED | And the last question is related to the EBITDA margin guidance of -- or the EBITDA guidance of 2.5x you are expecting, and that leading to around 300 basis points improvement. |
| 2026-05-08 | Q4FY26 | R KABEL LIMITED | When we say that from in three years our margins will improve by 300 basis points and if you see last year already we have done 130 basis points, still, like, we are guiding for 9.5% for FY2027. R R Kabel Limited April 30, 2026 It means this, considering that whatever business plan we have made based on our volume increase or better product mix or more efficient utilization or benefit of scale, by this we'll improve our margins to this 9.5% from this year. |
| 2026-08-03 | Q1FY27 | R R KABEL LIMITED | I mean, in the last quarter you had mentioned that the full year FY '28 margin guidance for Wires & Cables was about 10.5%. |
| 2026-08-03 | Q1FY27 | R R KABEL LIMITED | So we'll remain there because while we endeavor to touch our double-digit margins for the year, but since it is early in the year, we continue to maintain our overall margin guidance of 10.5% by FY '28. |