Vidya Wires Limited has informed the Exchange about General Updates for Updated List of Signatories under Regulation 30 (5) of SEBI (LODR) Regulations, 2015
VIDYAWIRES · price
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Vidya Wires Limited reported strong full-year FY2026 consolidated results with revenue growing 24% to ₹18,396 million from ₹14,808 million in FY2025. Net profit jumped 42% to ₹576.55 million from ₹405.58 million. The company listed on BSE/NSE in December 2025 via an IPO raising ₹3,000 million. The Board approved audited financials with unmodified (clean) audit opinions from O.P. Rathi & Co. The Company Secretary and Compliance Officer, Mr. Alpesh Makwana, resigned effective May 12, 2026, and the KMP list was updated accordingly. The company is investing heavily in a new project at its subsidiary (ALCU Industries), having utilized ₹939.60 million of the ₹1,400 million allocated for this purpose. Operating cash flow remained negative at -₹92.90 million.
The clean audit opinion and strong 42% PAT growth are positive signals for shareholders, indicating healthy profitability despite negative operating cash flows. The IPO provides funding buffer, but investors should monitor working capital management and capex utilization.