Incorporated in 1995, RR Kabel provides consumer electrical products used for residential, commercial, industrial, and infrastructure purposes in two major segments, namely wires and cables including house wires, industrial wires, power cables, and special cables; and FMEG including fans, lighting, switches, and appliances. Presenting below are its Q1 FY26 earnings.
Q1 FY26 Earnings Summary
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Consolidated Revenue from Operations: ₹2,058.6 crore, up 13.9% year-over-year (YoY) from ₹1,808.1 crore in Q1 FY25.
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Operating EBITDA: ₹143.1 crore, up 50% YoY (Q1 FY25: ₹95.4 crore); EBITDA margin improved to 7.0% from 5.3%.
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Profit Before Tax (PBT): ₹120.0 crore, up 39.4% YoY from ₹86.1 crore; margin at 5.8% (+107 bps).
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Profit After Tax (PAT): ₹89.8 crore, up 39.4% YoY from ₹64.4 crore; PAT margin at 4.4% (+80 bps).
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Wires & Cables Segment: Revenue grew around 16% YoY to ₹1,833.5 crore, driven by improved demand and favorable copper prices; segment profit rose ~23% aided by higher realisations and operational efficiency.
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FMEG Segment: Revenue remained flat YoY, but segment losses reduced substantially due to operational cost savings and product mix improvements.
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Exports: Accounted for 29% of total revenue.
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Q-o-Q: Revenue fell 7.2% from Q4 FY25; PAT declined 30.5% sequentially reflecting strong year-end seasonality.
Key Management Commentary & Strategic Highlights
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Management reported “broad-based growth across key financial and operational parameters,” highlighting execution strength, business model resilience, and customer trust.
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Wires & Cables saw robust growth, propelled by infrastructure expansion, electrification, and export market strength, as well as supportive copper prices.
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FMEG maintained steady revenues with sharply reduced losses due to operational cost-stringency and a better product mix.
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Focused on sustaining profitability improvements through operational efficiency, balanced growth, and product-strengthening in both core and emerging categories.
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The company continues to invest in technological upgrades, expand manufacturing and is optimistic about maintaining growth momentum.
Q4 FY25 Earnings Summary
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Consolidated Revenue from Operations: ₹2,217.8 crore, up 15.9% YoY from ₹1,530.4 crore in Q4 FY24.
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Profit Before Tax (PBT): ₹173.2 crore, up 20.7% YoY from ₹143.5 crore.
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Profit After Tax (PAT): ₹129.1 crore, up 20.6% YoY from ₹107.1 crore.
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Operating EBITDA: ₹195.8 crore, up from ₹134.6 crore in Q4 FY24; margin around 8.8%.
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EPS: ₹7.00 in Q4 FY25, up 14.8% sequentially.
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Segment Growth: Strong demand in Wires & Cables; ongoing improvements and loss reduction in the FMEG portfolio.
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Balance Sheet: The company maintained a healthy mix of domestic and export revenues, and strengthened margins on cost efficiencies and mix