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Earnings Call Transcript

R R Kabel Earnings Call Transcript: Key Takeaways

RR Kabel delivered record Q1 FY27 results with revenue of ₹3,168 Cr (+54% YoY) and EBITDA of ₹285 Cr (+100% YoY). Segmental transformation saw FMEG reaching operational breakeven for the first time.

Guidance and delivery
Management target Revenue 18.0% FY27
Highlights
Revenue growth54% YoY overall; 57% in Wires & Cables segment.
MarginsEBITDA margin improved to 9% (vs 7% YoY) due to scale.
Demand visibilityStrong; healthy activity in infrastructure, construction, and industrial projects.
Management confidenceHigh; citing market share gains and operational breakeven in FMEG.

Growth

Wires & Cables revenue grew 57% YoY driven by 17% volume growth. FMEG grew 28% YoY.

Outlook

Guided 18% volume growth for FY27. ₹1,200 Cr capex plan for FY26-FY28 on track; ₹650 Cr planned for FY27.

Risks

Volatility in metal prices and forex; supply chain disruptions in the Middle East; raw material price fluctuations.

Last quarter's promises, checked

Delivered

  • Guided 16-18% FY26 volume growth → delivered 16% (= BEAT)
  • Guided highest ever revenue → delivered ₹9,722.4 Cr (= BEAT)
  • Guided W&C margin improvement → delivered 130 bps expansion (= BEAT)

Partly delivered

  • Guided ₹1,200 Cr capex (FY26-28) → delivered ₹300 Cr in FY26 (= PARTIAL)

Missed

  • Guided FMEG breakeven by March 2026 → delivered missed (pushed to FY27) (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: RRKABEL. Summary written with AI assistance from the document.

Read the document ↗

R R Kabel Ltd: key numbers

Share price
₹2,528.30
Market cap
₹28,596 Cr
Revenue (annual)
₹9,722 Cr
Net profit (annual)
₹492.2 Cr
P/E (TTM)
47.1×Sector 45.9×
Promoter holding
61.38%-0.27% QoQ
FII holding
10.68%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from R R Kabel Ltd

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Acquisition

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21:42 IST BSE
Acquisition

R R Kabel Acquisition Worth ₹77 Cr

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Value
₹77.00 Cr
Execution
60 days from the date of execution of the Business Transfer Agreement
21:12 IST BSE
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R R Kabel Credit Rating

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manufacturing capacity
12000.0 MT per annum