RRKABELNSER R Kabel LimitedMediumNeutral
Announced Tue, 5 Aug · 20:26 IST

R R Kabel Limited has informed the Exchange about the transcript of the Earnings Conference Call held on 1 August 2025 in relation to the financial results of the Company for the quarter ended on 30 June 2025.

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedInvestor Communications View source PDF

RRKABEL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

R R Kabel reported strong Q1 FY26 results with revenue up 13.9% YoY to INR 2,058.6 crores, EBITDA up 50% to INR 143.1 crores (margin expanded to 7% from 5.3%), and PAT up 39.4% to INR 89.8 crores. New Managing Director Mahendrakumar Kabra addressed investors for the first time. Wire volume grew ~10% while cable volumes grew only 2% due to spillover of large orders (now expected in Q2). FMEG segment losses narrowed sharply to INR 7.1 crores from INR 20.7 crores. Management maintained full-year guidance of 18% volume growth and 100 bps EBITDA margin improvement, with FY26 capex of ~INR 300 crores (INR 1,200 crores over 3 years) targeting incremental revenue of ~INR 4,500 crores at full capacity. Cable mix expected to shift from 30% to 32-35% by year-end and potentially 40-42% in 3 years.

Likely market impact

Strong earnings beat with healthy margin expansion and reaffirmed FY26 guidance is positive for the stock. Key catalysts ahead include cable capacity ramp-up (utilization already at 92-95%), FMEG breakeven target, and aluminium cable exploration to mitigate US tariff risk. Limited US exposure (~2.5% of revenue) reduces direct tariff impact.