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Vidya Wires Ltd

Q2 FY26Industrial Products

Vidya Wires Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹85
Market cap₹1.9K Cr
P/E30.4
Updated26 Aug 2026
Read4 min read

The short version

Capacity expansion underway to nearly double manufacturing capacity from 19,680 MT to 37,680 MT by early 2026, expected to significantly boost revenues. Revenue CAGR for FY2023 to FY2025 was 21.23%, indicating strong growth momentum. - EBITDA CAGR during the same period was 33.86%, with margins improving by 50 basis points to 4.3%. - PAT CAGR stood at 37.86% with PAT margin increasing to 2.8%, signaling robust profit growth. - EPS grew by 29% to Rs.

From Vidya Wires Ltd's Q2 FY26 earnings-call transcript · updated 26 Aug 2026.

Revenue & Sales Performance

  • Capacity expansion underway to nearly double manufacturing capacity from 19,680 MT to 37,680 MT by early 2026, expected to significantly boost revenues.
  • Current capacity utilization is around 90%; post-expansion, initial utilization expected at 55-60%, targeting ~26,000-27,000 MT volume.
  • Revenue CAGR of 21.23% over FY2023-25, with EBITDA and PAT growth outpacing revenue.
  • Export share targeted to increase from 13-18% to 22-25% post-expansion.
  • Growth driven by new product lines (expanding from 12 to 18 product categories) including high-voltage and specialty products linked to renewables and EV sectors.
  • Domestic market expected to remain strong, currently 86% of revenues.

2 more points from Vidya Wires Ltd's call on revenue

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Profitability & Margins

See what Vidya Wires Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Vidya Wires is nearly doubling its manufacturing capacity from 19,680 MT to 37,680 MT through a new facility at Narsanda via subsidiary ALCU Industries.
  • Rs. 140 Crores of IPO proceeds allocated for capital expenditure at ALCU Industries to support this expansion and new product lines.
  • Construction of the new facility is over 75-80% completed, with phased operations expected to begin in the last quarter (around January/February 2026), full capacity operational within 4-5 months thereafter.
  • Expansion includes broadening product portfolio from 12 to 18-20 categories, including high voltage products, enamelled aluminium products, PV ribbons, copper foils etc.

2 more points from Vidya Wires Ltd's call on capex

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Top-ranked in Industrial Products

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 1
2Shera Energy
Rev 1Mar 1
3
Rev 1Mar 1
4
Rev 1Mar 2
5
Rev 1Mar 2
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Vidya Wires Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Relevant insights include: - The growing demand outlook is positive due to India's expanding power sector, renewable energy targets, and electrification. - The company serves over 458 customers with a repeat customer revenue of 94%, indicating a stable order flow. - The electrical infrastructure growth and government initiatives provide a durable demand funnel.

2 more points from Vidya Wires Ltd's call on order book

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Vidya Wires Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹599 Cr, net profit ₹20 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Vidya Wires Ltd's management said in earlier quarters

Others in Industrial Products this season

  • Lead Reclaim and Rubber Products Ltd (Q2 FY26)

    Revenue from Operations for H1 FY26: ₹2,190 lakhs, up 138.04% YoY (from ₹920 lakhs in H1 FY25) (Page 19) . Key investor presentation takeaways from Lead Reclaim

  • Shubhshree Biofuels Energy Ltd (Q2 FY26)

    Revenue from operations for H1 FY26: ₹9,604.6 Lakhs . Key investor presentation takeaways from Shubhshree Biofuels Energy Ltd's Q2 FY26 investor presentation —

  • De Neers Tools Ltd (Q2 FY26)

    H1FY26 Net Sales:** ₹670.4 Mn . Key investor presentation takeaways from De Neers Tools's Q2 FY26 investor presentation — and how it ranks against sector peers.

  • WOL 3D India Ltd (Q2 FY26)

    Revenue from Operations for H1FY26 is Rs 415 Mn, up 82% YoY from Rs 227 Mn in H1FY25 (Page 9, Page 5). Key investor presentation takeaways from WOL 3D India Ltd

🔎 Who's planning the most growth?

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Frequently Asked Questions

What were Vidya Wires Ltd Q2 FY26 results?

Capacity expansion underway to nearly double manufacturing capacity from 19,680 MT to 37,680 MT by early 2026, expected to significantly boost revenues. Revenue CAGR for FY2023 to FY2025 was 21.23%, indicating strong growth momentum. - EBITDA CAGR during the same period was 33.86%, with margins improving by 50 basis points to 4.3%. - PAT CAGR stood at 37.86% with PAT margin increasing to 2.8%, signaling robust profit growth. - EPS grew by 29% to Rs.

What is Vidya Wires Ltd share price analysis?

Vidya Wires Ltd currently shows a neutral. The stock trades at a P/E of 30.4 with a market cap of ₹1,903 Cr. Investors should review the full earnings analysis for detailed insights.

Is Vidya Wires Ltd planning capital expenditure?

Vidya Wires is nearly doubling its manufacturing capacity from 19,680 MT to 37,680 MT through a new facility at Narsanda via subsidiary ALCU Industries.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.