R R Kabel Ltd.Record Performance with Project RRise on Track

R R Kabel delivered exceptional performance in Q4 FY26, achieving record quarterly revenue of ₹2,964 crores, up 33.7% year-on-year, and annual revenue of ₹9,722 crores, reflecting 27.6% growth.

The Wires & Cables segment drove growth with 36.3% quarterly revenue increase to ₹2,666 crores, while full-year segment revenue reached ₹8,764 crores with 31% growth. EBITDA surged 61.8% to ₹789 crores for FY26, and PAT grew 58% to ₹492 crores. Management reported strong progress on Project RRise, achieving 130 basis points margin improvement and targeting 10.5% EBIT margins by FY28. The company is executing a ₹1,200 crore capex program to expand cable capacity from 66 KV to 220 KV, with major outflows expected in FY27.

Volume growth stood at 16% for FY26, with cable volumes growing in high teens. Despite FMEG challenges and Middle East export disruptions impacting Q1 FY27, management maintains confidence in diversified markets and targets 16-18% volume growth going forward.