Ashish Kacholia-Backed Multibagger Cable & Wire Stock Jumps 11% After Q4FY26 Results; PAT Surges 157%, Announces 5:1 Bonus Issue And Rs 500 Crore Capex Plan

The Indian equity markets ended lower on Monday, with the benchmark Nifty 50 index declining 1.49 per cent to 23,815.85 during the session. Despite weakness in the broader market, stock-specific buying interest remained visible in select cable and wire stocks. In this segment, V-Marc India remained in focus after the company announced its H2FY26 and FY26 consolidated financial results along with Bonus issue approval. On Monday, V-Marc India share price surged 11.25 per cent to Rs 1,133.60. The stock also witnessed trading volume of around 1.94 lakh shares, marking its highest single-day volume since November.

V-Marc India Q4FY26 Results

V-Marc India reported consolidated revenue from operations of Rs 1,105.76 crore in Q4FY26 as against Rs 559.66 crore reported in Q4FY25, registering a sharp growth of 97.6 per cent YoY. Total income for the quarter stood at Rs 1,108.15 crore compared to Rs 560.45 crore in the corresponding quarter previous year.

Profit before Tax came in at Rs 85.21 crore during Q4FY26 as against Rs 34.39 crore reported in Q4FY25, reflecting a growth of 147.8 per cent YoY. Profit after tax stood at Rs 63.61 crore in Q4FY26 compared to Rs 24.73 crore reported in the corresponding quarter last year, registering a strong growth of 157.2 per cent YoY. Earnings per share for the quarter stood at Rs 26.05 compared to Rs 10.13 reported in Q4FY25.

V-Marc India FY26 Annual Performance

For the financial year ended March 31, 2026, V-Marc India reported consolidated revenue from operations of Rs 1,797.31 crore as against Rs 904.87 crore reported in FY25, registering a sharp growth of 98.6 per cent YoY. Total income for FY26 stood at Rs 1,800.48 crore compared to Rs 906.24 crore in FY25.

Profit before tax came in at Rs 134.03 crore during FY26 as against Rs 49.71 crore reported in FY25, reflecting a growth of 169.6 per cent YoY. Profit after tax stood at Rs 100.05 crore in FY26 compared to Rs 36.09 crore reported in the previous financial year, registering a growth of 177.2 per cent YoY. Earnings per share for FY26 stood at Rs 40.97 compared to Rs 14.78 in FY25.

Bonus Issue and Capex Plan

The Board approved a bonus issue in the ratio of 5:1, under which shareholders will receive five bonus equity shares for every one existing equity share held. The company also approved an increase in authorised share capital from Rs 30 crore to Rs 150 crore.

V-Marc India further announced a capital expenditure plan of around Rs 500 crore through FY30 to expand installed production capacity to over 10 lakh circuit kilometres. The expansion is expected to be commissioned in phases between FY27 and FY30.

About V-Marc India

V-Marc India Ltd is engaged in the manufacturing and sale of wires and cables catering to residential, commercial, industrial and infrastructure applications. The company manufactures products including building wires, high tension cables, low tension cables and industrial cables.

The company operates manufacturing facilities in Uttarakhand and Maharashtra and supplies products across domestic as well as export markets. During FY26, the company also expanded its export business and established a dedicated export team for international markets including the US, Europe, Australia and Japan. Ace Investor Ashish Kacholia held a 2.71 per cent stake in V-Marc India as of March 2026.

Share your thoughts on V-Marc India’s FY26 performance and bonus issue announcement in the comments below.
Disclaimer: This article is for informational purposes only and not investment advice.