Summary of Key Information:
Reporting Period: Quarter ended 30th June, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Corporate Decisions
Audit Opinion:
Clean opinion - Statutory auditors BGJC & Associates LLP issued unqualified limited review reports for both standalone and consolidated financial results
Key Financial Highlights [₹ in lakhs]:
Standalone Results:
Revenue from Operations: ₹94,505.94 (Q1 FY27) vs ₹60,019.29 (Q1 FY26) - 57.50% YoY growth
Total Income: ₹94,817.85 (Q1 FY27) vs ₹60,258.43 (Q1 FY26)
EBITDA: Not explicitly disclosed but calculated approximately ₹9,457 lakhs based on press release
Net Profit: ₹3,717.89 (Q1 FY27) vs ₹1,949.85 (Q1 FY26) - 90.65% YoY growth
EPS: ₹10.72 (Q1 FY27) vs ₹5.62 (Q1 FY26)
Other Equity: Not specified for current quarter
Cash and Cash Equivalents: Not disclosed
Debt: Not separately disclosed
Consolidated Results:
Revenue from Operations: ₹94,505.94 (Q1 FY27) vs ₹60,019.29 (Q1 FY26) - 57.50% YoY growth
Total Income: ₹94,817.85 (Q1 FY27) vs ₹60,258.43 (Q1 FY26)
Net Profit: ₹7,014.19 (Q1 FY27) vs ₹3,359.81 (Q1 FY26) - 108.76% YoY growth
EPS: ₹20.22 (Q1 FY27) vs ₹9.68 (Q1 FY26)
Other Equity: ₹186,689.96 (as of 31st March, 2026)
Segment-wise Performance:
The Company has only one reportable primary business segment: Electrical and other Cables, Wires, Conductors, Accessories for Cables and Conductors, Products for quality power solutions (Capacitors and Capacitor Banks, Harmonic Filters, SVGs, etc.) and Turnkey Projects predominantly relating thereto
Power capacitor division recorded revenue growth of 63.10% during Q1 FY27
Export business grew 187% YoY to ₹120.01 crore (12.70% of total revenue)
Corporate Actions:
No dividend declarations, share splits, bonus issues, or buybacks announced
Other Significant Information:
Capacity Expansion Projects:
- Ongoing capacity expansion project outlay increased from ₹550 crores to ₹617 crores for MV/HV cable capacity augmentation through debottlenecking
- Additional investment of ₹67 crores to be funded through long-term debt and internal accrual
- Capacity augmentation expected in two phases by September 2026 and June 2027
- EHV cable manufacturing facility modernization with ₹74 crore investment at Satna
Joint Venture Expansion:
- Birla Furukawa Fibre Optics Private Limited (JV with Furukawa Electric Co, Ltd., Japan) approved optical fiber capacity tripling with preform manufacturing facility
- Estimated investment: USD 500 Million (approx. ₹4800 crore)
- Target completion: 31st December, 2028
- Funding: Mix of internal accrual, equity and debt
- Technical collaboration with Lightera LLC, USA/Furukawa Electric Co, Ltd., Japan
Order Book:
- Pending order book: ₹2860 crore as of 1st July, 2026 (including export orders of ₹485 crore)
- Pipeline export orders: ₹390 crore
- Projected revenue growth: 25%+ for FY 2026-27
Retrospective Restatement:
- Vindhya Telelinks Limited (Associate) restated financials due to consolidation of three wholly owned subsidiaries
- Cumulative adjustment of ₹750.77 lakhs (net of tax) to opening balance of Other Equity as at 1st April, 2025
- Comparative figures for Q1 FY26 and FY26 restated accordingly
Entities in Consolidation:
- Birla Furukawa Fibre Optics Private Limited (Joint Venture)
- Vindhya Telelinks Limited (Associate)