Annual Report for the Financial Year 2024-25.
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Awaiting price reaction for this filing.
Relicab Cable Manufacturing has filed its Annual Report for FY 2024-25, reporting operating revenues of Rs. 3,983.33 lacs, EBITDA of Rs. 500.7 lacs, and profit after tax of Rs. 171.91 lacs. The company began exports to Ghana, a new territory, and received approval from CG Power's Nashik plant for OEM supply. It also secured export orders for MM S/C cable, installed new dual extruder lines, and took additional factory land on lease to expand production. The 16th AGM is scheduled for September 30, 2025 via video conferencing, with shareholders being asked to approve related party transactions up to Rs. 15 crores and appoint new independent directors.
The annual report highlights strong revenue and profit growth along with capacity expansion and new export markets, which is positive for shareholders. Approval of related party transactions up to Rs. 15 crores is a routine governance item but worth monitoring.