Board Meeting Details

The meeting commenced at 4:30 PM and concluded at 7:00 PM on 23rd May 2026.

Key Decisions and Approvals

1. Financial Results Approval

The Board approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended 31st March 2026. The results were reviewed by the Audit Committee and include reports from statutory auditors V. Sankar Aiyar & Co., Chartered Accountants.

2. Dividend Recommendation

Recommended a dividend of ₹6.00 per share (60%) on 1,18,50,863 equity shares of face value ₹10 each for FY2025-26. The dividend payment is subject to shareholder approval at the 43rd Annual General Meeting and will be paid within 30 days of declaration, subject to applicable TDS provisions.

3. Director Appointments and Changes

  • Re-appointment: Recommended re-appointment of Shri Priya Shankar Dasgupta (DIN: 00012552) as Non-Executive Independent Director for a second term of five years from 21st November 2026 to 20th November 2031.
  • New Appointment: Approved appointment of Shri Pandanda Kariappa Madappa (DIN: 00058822) as Additional Non-Executive Independent Director for a first term of five years from 23rd May 2026 to 22nd May 2031.
  • Cessation: Shri Bachh Raj Nahar (DIN: 00049895) will cease to be director effective close of business on 13th June 2026 due to attaining age 75 years and failure of special resolution for continuation.

4. Fund Raising

Approved raising funds up to ₹200 crores through issuance of Non-Convertible Debentures (NCDs) or other debt securities on private placement basis, subject to regulatory approvals. Constituted a "Debenture Issue & Allotment Committee" to facilitate the process.

5. Capacity Expansion

Approved augmentation of Specialty Optical Fibre Cable production capacity at Rewa, Madhya Pradesh facility with additional capital investment of ₹65 crores, increasing total outlay from ₹36.70 crores to ₹101.70 crores. The expansion aims to meet rising demand from hyperscale data centers and advanced optical fibre products.

6. Scheme of Amalgamation

Approved Scheme of Amalgamation between Birla Cable Limited (Transferor Company) and Vindhya Telelinks Limited (Transferee Company) effective 1st April 2026. Share exchange ratio: 10 equity shares of VTL for every 115 equity shares of Birla Cable. Applications filed with BSE and NSE for no-objection/observation letters. Subject to NCLT approval.

Financial Performance (Standalone)

Quarterly Performance (₹ in lakhs)

| Particulars | Q4 FY2026 (Audited) | Q3 FY2026 (Unaudited) | Q4 FY2025 (Audited) |

| Revenue from Operations | 100,502.02 | 71,055.21 | 123,064.85 |

| Other Income | 228.37 | 81.60 | 159.59 |

| Total Income | 100,730.39 | 71,136.81 | 123,224.44 |

| Total Expenses | 98,137.79 | 73,732.14 | 118,095.35 |

| Profit/(Loss) before Tax | 2,592.60 | (2,595.33) | 5,129.09 |

| Tax Expense | 608.01 | (637.29) | 1,314.12 |

| Profit/(Loss) for the period | 1,984.59 | (1,966.49) | 3,814.97 |

| EPS (₹) | 16.75 | (16.59) | 32.19 |

Annual Performance (₹ in lakhs)

| Particulars | FY2026 (Audited) | FY2025 (Audited) |

| Revenue from Operations | 356,628.58 | 405,383.41 |

| Other Income | 1,904.42 | 1,820.95 |

| Total Income | 358,533.00 | 407,204.36 |

| Total Expenses | 351,710.65 | 392,008.48 |

| Profit before Tax | 6,822.35 | 15,195.88 |

| Tax Expense | 1,543.64 | 3,648.28 |

| Profit for the year | 5,278.71 | 11,547.60 |

| EPS (₹) | 44.54 | 97.44 |

Segment-wise Performance (Standalone Q4 FY2026)

  • Cables Segment: Revenue ₹27,955.91 lakhs, Segment Result ₹2,019.53 lakhs
  • EPC Segment: Revenue ₹73,528.01 lakhs, Segment Result ₹4,508.67 lakhs
  • Inter-segment revenue elimination: ₹981.90 lakhs

Financial Performance (Consolidated)

Quarterly Performance (₹ in lakhs)

| Particulars | Q4 FY2026 (Audited) | Q3 FY2026 (Unaudited) | Q4 FY2025 (Audited) |

| Revenue from Operations | 100,929.67 | 71,655.98 | 123,121.61 |

| Profit before Tax | 13,785.67 | (93.64) | 14,816.00 |

| Profit for the period | 10,347.13 | (103.91) | 10,994.33 |

| EPS (₹) | 87.31 | (0.88) | 92.77 |

Annual Performance (₹ in lakhs)

| Particulars | FY2026 (Audited) | FY2025 (Audited) |

| Revenue from Operations | 359,320.79 | 405,440.17 |

| Profit before Tax | 29,201.86 | 26,963.94 |

| Profit for the year | 22,017.63 | 20,284.32 |

| EPS (₹) | 185.79 | 171.16 |

Key Financial Metrics

Standalone Balance Sheet (as at 31st March 2026)

  • Total Assets: ₹45,919.96 lakhs (Previous year: ₹40,790.00 lakhs)
  • Equity Share Capital: ₹1,185.09 lakhs (unchanged)
  • Other Equity: ₹13,891.24 lakhs (Previous year: ₹13,667.90 lakhs)
  • Total Equity: ₹14,009.75 lakhs (Previous year: ₹13,786.41 lakhs)
  • Non-current Liabilities: ₹3,492.94 lakhs (Previous year: ₹2,276.00 lakhs)
  • Current Liabilities: ₹28,417.28 lakhs (Previous year: ₹24,727.60 lakhs)

Cash Flow Statement (Standalone FY2026)

  • Net Cash from Operating Activities: (₹16,842.42) lakhs
  • Net Cash from Investing Activities: (₹2,155.22) lakhs
  • Net Cash from Financing Activities: ₹11,200.37 lakhs
  • Net decrease in Cash: (₹7,797.27) lakhs
  • Cash and Cash Equivalents at end: ₹703.73 lakhs (Previous year: ₹8,501.00 lakhs)

Important Notes to Financial Statements

1. Employee Benefits Impact

Employee Benefits Expense includes incremental impact of Gratuity liability amounting to ₹823.53 lakhs (standalone) and ₹830.70 lakhs (consolidated) due to implementation of new Labour Codes effective from 21st November 2025.

2. Subsidiary Companies Issue

Consolidated financial results exclude three wholly owned subsidiary companies (August Agents Ltd., Insilco Agents Ltd., Laneseda Agents Ltd.) due to unauthorized possession of books and records by ex-directors. Legal proceedings ongoing for recovery of records.

3. Segment Reporting

Business segments are Cables and Engineering, Procurement & Construction (EPC). Inter-segment revenue eliminated in consolidation.

Additional Information

  • PAN: AAACV7757J