VIDYAWIRESNSEVidya Wires LimitedMediumNeutral
Announced Mon, 18 May · 17:39 IST

Vidya Wires Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedInvestor Communications View source PDF

VIDYAWIRES · price

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

Price reaction · full curve 14 horizons · vs prior close
-3.3%1-day move
₹91.69
prior close
₹92.80
base price
After-mkt
timing
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-0.4-1.5-1.2-1.1-3.3-3.4-3.1+2.0+12.2+18.6-2.6+16.9+0.8
Up moveDown movePending
AI summary

Vidya Wires reported FY26 revenue of ₹18,396.4 million (up 24.2% YoY), EBITDA of ₹857.8 million (margin 4.66%, up 35 bps), and PAT of ₹576.1 million. Volume grew 6.5% to ~18,024 metric tons. The ALCU Industries subsidiary commenced production on Feb 7, 2026, contributing ~800 tons in the quarter. Total capacity is being expanded from ~19,000 to ~36,000 metric tons by Diwali, with full utilization targeted by FY28 at 50-60% in FY27. Management guided that EBITDA per ton will improve due to a higher-value product mix (CTC, PV ribbon, enamelled wires for transformers, EV, renewables). Working capital is at 60 days, with a target to reduce to 50-52 days by improving debtor collections (41 days to 35). Exports currently at 12% vs. a 25% target. ₹100 crore of IPO proceeds used to repay working capital debt.

Likely market impact

Management's emphasis on margin improvement through product mix shift and disciplined capacity ramp-up signals a potential re-rating as the ALCU facility scales. Strong demand across power, transformers, and EV segments provides revenue visibility, but working capital management remains a watch item.