52-Week High Electrical Equipment Stock Reports Highest-Ever Q1 FY27 Revenue; Shares Rally Over 7% Intraday; PAT Jumps 129% YoY
R R Kabel reported record quarterly revenue and profitability in Q1 FY27, driven by strong growth in its Wires & Cables business, while its FMEG segment achieved operational breakeven.
✨ Key Takeaways
On Tuesday, Indian equity benchmark indices traded marginally higher, with the benchmark Nifty 50 index rising 16.55 points, or 0.07 per cent, to 24,012.50. Amid the positive market sentiment, R R Kabel share price jumped 3.16 per cent to Rs 2,605.20. During the session, the stock rallied 7.17 per cent from its previous close of Rs 2,590.60 to an Intraday high of Rs 2,775.00, while trading volumes surged to 2.53 million shares, significantly higher than the 30-day average volume of 772,970 shares.
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Download Service BrochureHighest-Ever Quarterly Financial Performance
On a consolidated basis, revenue from operations increased 54 per cent YoY and 7 per cent QoQ to a record Rs 3,168.2 crore in Q1 FY27, compared with Rs 2,058.6 crore in Q1 FY26 and Rs 2,964.1 crore in Q4 FY26.
Operating EBITDA nearly doubled, rising 99 per cent YoY and 8 per cent QoQ to Rs 285.3 crore, while the EBITDA margin expanded to 9.0 per cent from 7.0 per cent a year ago.
Profit Before Tax (PBT) increased 130 per cent YoY and 22 per cent QoQ to Rs 276.0 crore, while Profit After Tax (PAT) surged 129 per cent YoY and 22 per cent QoQ to Rs 205.2 crore, with the PAT margin improving to 6.5 per cent from 4.4 per cent in the corresponding quarter last year.
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Wires & Cables Business Continues Strong Momentum
The company's Wires & Cables (W&C) business continued to outperform, delivering 57 per cent YoY revenue growth supported by robust volume growth, strong execution and favourable industry demand. Segment profit increased 105 per cent YoY, while segment margins expanded by 232 basis points, driven by an improved product mix, disciplined commodity management and higher operating efficiencies.
FMEG Business Achieves Operational Breakeven
The Fast Moving Electrical Goods (FMEG) business reported strong revenue growth, supported by continued demand for premium products, new product launches and expansion of the company's distribution network. During the quarter, the business achieved operational breakeven, marking a significant milestone in its transformation journey, while profitability improved substantially through premiumisation and operating leverage.
Management Commentary
Commenting on the results, Mr. Mahendrakumar Kabra, Managing Director, said: "We have started FY27 on a strong note with another quarter of record performance, reflecting the strength of our business model and disciplined execution across the organization. Robust growth across our Wires & Cables business, coupled with healthy profitability, demonstrates our ability to capitalize on the strong demand environment while maintaining operational excellence.
Our strategic focus on expanding the cables portfolio, strengthening our distribution network and enhancing execution capabilities continues to yield encouraging results. We are also pleased to achieve operational breakeven in FMEG business during the quarter, an important milestone that reflects the progress of our premiumization strategy and sustained focus on improving operating efficiencies. We remain confident in our ability to strengthen our market position, drive profitability growth and create long-term value for our stakeholders."
About R R Kabel
R R Kabel Ltd is one of India's leading consumer electrical companies and the country's largest exporter of wires and cables. The company manufactures a wide range of products, including wires and cables, fans, lighting solutions, electrical accessories and appliances for residential, commercial, industrial and infrastructure applications.
With more than 27 years of operating history, the company continues to expand its presence through product innovation, distribution network expansion and premiumisation. Its products comply with global quality standards, including REACH and RoHS certifications, and are exported to several international markets.
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Disclaimer: The article is for informational purposes only and not investment advice.
