India · Delayed Price · Currency is INR R R Kabel Earnings Call Transcripts
Fiscal Year 2026
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Record 9-month revenue and profit growth driven by strong wires and cables demand, disciplined execution, and robust export performance. Margins improved despite commodity volatility, with continued CapEx and a positive outlook for both domestic and export markets.
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Q2 FY 2026 saw strong revenue and profit growth, led by the Wires and Cable segment, with margins expanding and exports rising, especially to Europe and the Middle East. The company targets further margin improvement, robust volume growth, and FMEG break-even by Q4 FY 2026.
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Q1 FY2026 delivered 13.9% revenue growth and 50% EBITDA increase year-over-year, with strong domestic and export performance. Cable capacity is being doubled, and guidance for 18% volume growth and margin expansion remains intact. FMEG losses narrowed, with breakeven expected this year.
Fiscal Year 2025
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Record revenue and EBITDA margins achieved in FY 2025, driven by strong volume growth in wires, cables, and FMEG. Strategic CapEx and Project RISE aim for 18% CAGR in wires/cables and 25% in FMEG, with double-digit EBITDA margins by FY 2028.
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Nine-month FY25 revenue hit a record high, with strong cable and FMEG growth despite macro headwinds. Margins improved sequentially, and a robust CapEx plan aims to boost future capacity, with double-digit EBITDA margins targeted by FY28.
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Q2 FY 2025 saw record revenue growth of 13% YoY, led by strong domestic cable and FMEG performance, despite margin pressure from copper volatility and export delays. Guidance for FY 2025 was revised to 10%-12% volume growth, with EBIT margin recovery expected in H2.