CORDSCABLEBSECords Cable Industries LtdLowNeutral
Announced Thu, 28 May · 14:43 IST

This is to inform the exchanges that the Board of Directors of the Company at their meeting held on today i.e. Thursday, May 28, 2026 at the Registered Office of the company inter alia, ....

Board & Shareholder Meetings View source PDF

CORDSCABLE · price

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Price reaction · full curve 14 horizons · vs prior close
-6.2%1-day move
₹243.00
prior close
₹253.00
base price
After-mkt
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+0.4+0.3-2.0-3.2-6.2-7.9-8.6-9.2-9.9-13.4-10.3-13.7
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AI summary

Cords Cable Industries' Board approved audited FY2026 results showing strong performance. Revenue grew 20% to Rs. 95,390 lakhs from Rs. 79,456 lakhs in FY2025. Net profit jumped 41% to Rs. 2,064 lakhs, with EPS rising from Rs. 11.25 to Rs. 15.88. The Board recommended a final dividend of Rs. 1.20 per share (12% on Rs. 10 face value), payable within 30 days of the AGM. Both statutory auditors gave an unmodified opinion confirming clean financials. The company reappointed M/s Agarwal Nikhil & Co. as Internal Auditor and M/s S Chander & Associates as Cost Auditor for FY2026-27. Cash position improved to Rs. 61 lakhs from Rs. 17 lakhs year-over-year.

Likely market impact

Strong profit and revenue growth signals solid operational performance. The dividend recommendation provides direct shareholder returns, while the clean audit opinion reinforces financial reliability. Shareholders can expect a positive reaction given the 41% profit growth and consistent revenue expansion.