Submission of Audited Standalone and Consolidated Financial Results of the Company for the quarter and financial year ended 31st March, 2026.
BIRLACABLE · price
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Birla Cable reported strong full-year results with standalone revenue from operations growing 16.5% to ₹77,111.40 lakhs (FY25: ₹66,165.23 lakhs). Net profit surged over 3x to ₹1,686.78 lakhs from ₹503.11 lakhs, driven by higher volumes and improved cost efficiencies. EBITDA margin expanded by ~157 basis points to approximately 4.98%. The Board recommended a dividend of ₹1.25 per share (12.50%). However, operating cash flow turned sharply negative at ₹-2,090.52 lakhs (vs +₹11,240.13 lakhs in FY25), due to a large build-up in trade receivables and inventories. The company also announced a scheme of amalgamation with Vindhya Telelinks Limited (the parent), with Birla Cable to be dissolved upon NCLT approval. Auditors issued an unmodified (clean) opinion on both standalone and consolidated results.
The 3x jump in net profit is a strong positive signal, but the negative operating cash flow raises concerns about working capital management and earnings quality. The pending amalgamation adds uncertainty around the company's standalone future. Shareholders should watch for further clarification on the cash flow deterioration and the amalgamation timeline.