Financial Performance Summary

Birla Cable Limited reported exceptional FY26 results with standalone revenue growing 16.54% to ₹77,111.40 lakhs and net profit surging 246% to ₹1,690.29 lakhs from ₹489.14 lakhs in FY25. The strong performance was driven by robust demand for structured copper LAN cables. Key ratios improved significantly with Return on Equity at 7.28% (FY25: 2.25%) and net profit margin at 2.30% (FY25: 0.80%). Earnings per share stood at ₹5.63.

Corporate Actions & Amalgamation

The Board approved a scheme of amalgamation with Vindhya Telelinks Limited effective April 1, 2026, where Birla Cable shareholders will receive 10 equity shares of Vindhya Telelinks for every 115 shares held. The scheme is subject to regulatory approvals including NCLT clearance. The company also declared a final dividend of ₹1.25 per share, subject to shareholder approval at the 34th AGM scheduled for August 3, 2026.

Management & Governance Changes

The company recommended re-appointment of Director Dhan Raj Bansal and appointment of Somesh Laddha as Manager & CFO for three years with a remuneration package including basic salary of ₹70,000 per month and performance-linked incentive of ₹2,30,000 per month. The Board comprises 6 directors including 3 independent directors and complied with all SEBI LODR requirements.

Balance Sheet & Risk Management

Total assets stood at ₹46,445.00 lakhs with trade receivables of ₹20,297.37 lakhs identified as a key audit matter. The company maintained strong liquidity with current ratio of 2.19 and managed foreign currency, interest rate, and commodity price risks through hedging strategies and approved supplier relationships. Borrowings increased to ₹13,131.64 lakhs with debt-equity ratio at 0.55.

Regulatory Compliance & Subsidiaries

The auditors issued an unmodified opinion on the financial statements. The company complied with all regulatory requirements including MSME Act provisions and reported no overdue payments to small enterprises. The 100% owned subsidiary Birla Cable Infrasolutions DMCC contributed minimally to consolidated results with revenue of ₹14.93 lakhs.

Shareholding & Corporate Calendar

Major shareholders include Vindhya Telelinks Limited (19.33%), Birla Corporation Limited (17.96%), and Universal Cables Limited (13.00%). Important dates include Record Date of July 27, 2026 for dividend eligibility, remote e-voting from July 31 to August 2, 2026, and AGM on August 3, 2026 with dividend payment scheduled by August 31, 2026 if approved.