R R Kabel (RRKABEL) Q4 25/26 earnings summary

Executive summary

• Achieved record quarterly and annual revenue in FY 2026, surpassing $1 billion, driven by strong demand in wires and cables and disciplined execution despite global volatility.

• Operating EBITDA grew 34.6% YoY in Q4 and 61.8% for FY26, with EBITDA margin up 171 bps annually due to revenue growth and operational efficiencies.

• PAT increased 30.1% YoY in Q4 and 58% for FY26, reflecting robust performance in core segments.

• Audited standalone and consolidated financial results for FY26 were approved, with statutory auditors issuing unmodified opinions.

• Board approved a total dividend of INR 9.50 per share for FY26, including a final dividend of Rs. 5.5 per share and an interim dividend of Rs. 4 per share.

Financial highlights

• FY26 revenue from operations reached INR 9,722.4 crore, up 27.6% YoY; Q4 FY26 revenue was INR 2,964.1 crore, up 33.7% YoY.

• FY26 EBITDA was INR 789.1 crore (8.1% margin), up from INR 487.7 crore (6.4%) in FY25.

• FY26 PAT was INR 492.2 crore (5.1% margin), up from INR 311.6 crore (4.1%) in FY25.

• Basic EPS (consolidated) for FY26 was Rs. 43.53, up from Rs. 27.58 in FY25.

• Consolidated cash and cash equivalents at year-end stood at Rs. 8,552.50 lakhs, down from Rs. 21,567.67 lakhs in FY25.

Outlook and guidance

• Projected 16%-18% annual volume growth in wires and cables, targeting 10.5% EBIT margin by FY 2028.

• FMEG segment targets 20%-25% value growth in FY27, with breakeven expected in FY27.

• CapEx of INR 1,200 crore planned for FY26-28, with major expansion in FY27.

• Continued focus on domestic and export market growth, leveraging favorable industry momentum and institutional demand.

• Ongoing investments in brand building and distribution expansion, especially in FMEG.