Quarter Ended: March 2026

R R Kabel Ltd – Q4 FY26 Results

NSE

rrkabel

BSE

543981

R R Kabel delivered robust topline growth and significant profitability expansion, supported by strong core segment execution and operating leverage despite rising working capital.

key financial highlights

Revenue from Operations:
- Revenue (Q4 FY26): ₹2,964.14 Cr
  - QoQ Change: +16.9%
  - YoY Change: +33.7%
- Previous Quarter (Q3 FY26): ₹2,535.86 Cr
- Previous Year (Q4 FY25): ₹2,217.83 Cr
Profit After Tax (PAT):
- PAT (Q4 FY26): ₹167.95 Cr
  - QoQ Change: +41.9%
  - YoY Change: +30.0%
- Previous Quarter (Q3 FY26): ₹118.25 Cr
- Previous Year (Q4 FY25): ₹129.13 Cr
QoQ Performance
- Revenue Trend: Strong growth
- Profit Trend: Strong growth

Margin Analysis

Drivers:

Operating leverage from higher volumes
Strong performance in Wires & Cables segment
Controlled finance costs relative to revenue growth
Stable cost structure despite raw material pressures

Insight:

Margins are expanding moderately, indicating efficient scaling and improved cost absorption

Segment performance

Segment: Wires & Cables

Revenue: ₹2,666.44 Cr
Insights:
- Core segment (~90% contribution)
- Strong YoY and QoQ growth
- Major profit contributor

Segment: Fast-Moving Electrical Goods (FMEG)

Revenue: ₹297.69 Cr
Insights:
- Smaller but strategic segment
- Currently loss-making at EBIT level
- Investment phase continues

Segment insight

Summary:

The business is heavily driven by the Wires & Cables segment, while FMEG remains a growth bet but currently dilutive to margins

Charcateristics:

Core infra-driven demand (Wires & Cables)
FMEG = brand-building phase
High working capital intensity
Scale-driven profitability

Earning quality check

Drivers:

Earnings largely from core operations
No major reliance on exceptional income
Consistent growth in operating profit

Interpretations:

Earnings quality is strong and sustainable, backed by core segment strength rather than one-offs

balance sheet Analysis

Total Assets: ₹4,621.38 Cr
Total Liabilities: ₹2,046.98 Cr

Insight:

Balance sheet expanded significantly due to working capital growth (receivables & inventory), indicating aggressive business scaling

key risks

High working capital requirements
FMEG segment losses impacting margins
Raw material (copper/aluminium) volatility
Competitive pricing pressure

management strategy signals

Focus Area:

Scale up Wires & Cables business
Expand FMEG segment footprint
Improve operational efficiency
Strengthen distribution network

Financial metrics table

Particular	Q4 FY26	Q.O.Q	Y.O.Y
Revenue	₹2,964 Cr	+16.9%	+33.7%
Total Expense	₹2,753 Cr	+15.9%	+33.8%
Net Profit	₹168 Cr	+41.9%	+30.0%

R R Kabel has delivered a strong quarter with robust revenue growth and healthy profit expansion. The Wires & Cables segment continues to dominate and drive earnings, while FMEG remains a strategic long-term play. Rising working capital is a key watchpoint, but overall business momentum remains strong

Official Exchange Filing: R R Kabel Limited

Quarterly Performance Context

COST OF OPERATIONS AS % OF REVENUE

93%

NET PROFIT AS % OF REVENUE

FISCAL YEAR

2025-2026

AUDIT STATUS

REVIEWED