Financial Performance Highlights
RR Kabel reported exceptional financial results for FY 2025-26, achieving record revenue of ₹9,722 Crores with 27.6% YoY growth, crossing the $1 billion milestone for the first time. Net profit surged 58% to ₹492 crore, while EBITDA grew 61.8% to ₹789 crore. The company maintained strong operational performance with earnings per share reaching ₹43.06 (basic).
Segment Performance
Wires & Cables (90% of revenue): Segment revenue grew 31% to ₹8,764 Crores with margins expanding from 7.4% to 8.9%, driven by volume growth in high double-digits and exports contributing 29% of sales.
FMEG (10% of revenue): Revenue reached ₹958.6 crore with losses reducing by 28% to ₹33 crore, targeting EBIT breakeven by FY27 with premium products contributing 25% of revenue.
Dividend Declaration & Corporate Actions
The Board approved total dividends of ₹9.50 per share comprising an interim dividend of ₹4.00 (paid November 2025) and proposed final dividend of ₹5.50 per share (subject to shareholder approval). The company also completed a leadership transition with Ramesh D. Chandak appointed as Non-Executive Chairman and Mahendrakumar Kabra as Managing Director effective June 2025.
Operational & Expansion Initiatives
RR Kabel implemented a ₹1,200 Crore 3-year capex plan (FY26-FY28) under Project RRise, with first tranche deployed for capacity expansion at Silvassa and Waghodia facilities. The company operates 5 integrated manufacturing facilities with 7,200+ distributors and 2,15,000+ retailers, maintaining 66+ country international presence.
Sustainability & ESG Performance
The company demonstrated strong ESG commitment with 33% renewable energy consumption, 100% human rights training coverage, and waste recovery rate of 98.1%. Renewable capacity at Waghodia facility expanded to 48%, while CSR initiatives under RRoshani spent ₹85.96 lakhs on education, skill development, and women empowerment.
Regulatory Compliance & Audits
Statutory auditors B S R & Co. LLP issued an unqualified opinion but noted qualifications regarding audit trail functionality in accounting software. The company faces various tax disputes totaling ₹141.3 crore across income tax, GST, service tax, and sales tax. Secretarial audit conducted by Ms. Deepa Gupta showed no qualifications.
Financial Position & Capital Structure
Total assets stood at ₹4,609.2 crore with equity of ₹2,562.2 crore. Property, plant & equipment net block was ₹7,076.13 crore with capital work-in-progress of ₹721.85 crore. The company recognized ₹190.11 crore incremental liability towards employee benefit obligations under new labor codes.
Joint Venture & Related Parties
Transactions with joint venture RR-Imperial Electricals Limited (Bangladesh) amounted to ₹696.86 crore in sales, with the company's share of net profit at ₹53.17 crore. Related party transactions were conducted at arm's length basis.
Forward Outlook
The company continues to focus on modular capacity expansions aligned with demand, maintaining credit rating at 'IND AA-' (Stable) by India Ratings and Research, while targeting continued growth in both domestic and export markets.