BSE: 531472
CYBELE INDUSTRIES LTD.
Manufactures and sells electrical wires and cables, and operates a real estate segment. The wires and cables business supplies electrical conductors, with manufacturing handled through subsidiary Cybele Electronics and trading through subsidiary Cybele Electra, while the real estate segment generates revenue from property activities. For FY26, the Cables segment recorded revenue of ₹12.50 cr and the Real Estate segment ₹17.24 cr in the segment trend data. FY26 total income was ₹7,443.67 lakhs (of which revenue from operations was ₹3,360 lakhs and other income ₹4,079.50 lakhs), with a standalone net profit of ₹3,498.46 lakhs reversing the prior-year loss. Materials are the dominant input cost at 97.7% of revenue, followed by employee cost at 18.4% and other opex at 10.2%. Long-term borrowings were reduced to ₹140.62 lakhs from ₹2,470.18 lakhs, but operating cash flow was negative at ₹838 lakhs in FY26. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Cables, Real Estate. Small, diversified industrials with a loss-making wires and cables business and a property segment
Exhibit 1: Financial summary, FY25–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 20 | 36 |
| EBITDA (ex other income) | (12) | (4) |
| margin % | (57.7) | (11.2) |
| Owners' profit | 0 | 35 |
| EPS, as reported (₹) | 12.72 | 27.03 |
| ROE % · ROCE % | (29.7) · (16.5) | 52.7 · 40.9 |
| Debt / equity (x) | 0.61 | 0.38 |
| Cash from operations | (6) | (15) |
| Capex | (1) | (6) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 6 | 6 | 5 | 11 | 15 | 6 | 9 |
| Profit before tax | (7) | (2) | (0) | 6 | 7 | 6 | 19 | 0 |
| Net profit | (7) | (2) | (0) | 6 | 7 | 6 | 19 | (0) |
| EPS (₹) | (6.44) | (1.89) | 0.39 | 5.22 | 6.44 | 5.76 | 14.24 | 0.20 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Cables | 39 | 47.2 |
| Real Estate | 44 | 52.8 |
| Total, before eliminations | 83 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| WAAREE ENERGIES LIMITED | 64,618 | 16.9 | 4.30 | 10.5 | 25.9 | 29.0 | — | 20.3 |
| APAR INDUSTRIES LTD. | 61,818 | 52.3 | 11.46 | 32.5 | 18.1 | 21.9 | 29.1 | 12.0 |
| PREMIER ENERGIES LIMITED | 38,368 | 22.7 | 8.90 | 15.7 | 35.0 | 25.7 | — | 30.8 |
| MTAR TECHNOLOGIES LIMITED | 21,476 | 160.9 | 26.11 | 114.7 | 11.4 | 12.4 | 28.9 | 25.8 |
| DIAMOND POWER INFRA LTD | 17,071 | 86.8 | — | 84.5 | (26.2) | 8.6 | — | 12.3 |
| EMMVEE PHOTOVOLTAIC PWR L | 16,879 | 12.7 | 4.57 | 9.4 | 29.3 | 31.2 | — | 36.3 |
| AVALON TECHNOLOGIES LTD | 13,663 | 102.2 | 18.93 | 68.1 | 15.6 | 20.0 | — | 12.5 |
| GENUS POWER INFRASTRU LTD | 8,270 | 11.5 | 3.73 | 10.5 | 26.7 | 22.7 | 50.8 | 22.1 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 1.3 | 22.4 | 3 of 52 | 96% |
| P/B | 0.6 | 3.3 | 2 of 49 | 98% |
| ROCE | 38.6 | 12.4 | 5 of 55 | 93% |
| ROE | 52.7 | 12.4 | 3 of 50 | 96% |
| Debt / Equity | 0.4 | 0.3 | 29 of 50 | 43% |
| EBITDA margin | 5.8 | 12.6 | 42 of 51 | 18% |
| Revenue growth | 96.9 | 20.7 | 4 of 46 | 93% |
| Profit growth | (104.7) | 37.7 | 43 of 45 | 5% |
| Market cap | 36 | 591 | 47 of 56 | 16% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Sep 2026 results: sales rise, profit falls and cash flow is negative | results | high | — | — |
| 28 Oct 2026 · Q2 sales rise 60%, but profit after tax falls 97% to Rs13 lakh | results | high | — | — |
| 21 Oct 2026 · Board to review September 2026 quarterly and half-yearly results | results | low | — | — |
| 9 Oct 2026 · Routine quarterly compliance certificate for securities dematerialisation | compliance | minimal | — | — |
| 29 Sept 2026 · 33rd AGM: All 6 resolutions passed, voting results submitted | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading Window Closed From Oct 1, 2026 Pending Q2 FY27 Results | compliance | minimal | — | — |
| 25 Sept 2026 · Cybele Industries holds 33rd AGM; six resolutions passed including related party approvals | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Cybele Industries announces 33rd AGM on Sept 25, 2026 via video conferencing | compliance | minimal | — | — |
| 2 Sept 2026 · 33rd AGM on Sep 25, 2026; book closure Sep 19 to 25 | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Cybele Industries 33rd AGM on Sept 25, 2026; record date Sept 18 | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.