R R Kabel Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹23,251 Cr
- P/E
- 38.03
- ROE
- 21.33%
- PEG
- 0.98
- Price to sales
- 2.13
- Debt to equity
- 0.13
- 52W high / low
- ₹2,928 / ₹1,293
- Sales growth (5Y)
- 28.98%
- EBITDA margin
- 8.54%
- Net profit margin
- 5.19%
- Promoter holding
- 59.33%
- Sales (last year)
- ₹10,832 Cr
Incorporated in 1995, RR Kabel provides consumer electrical products used for residential, commercial, industrial, and infrastructure purposes in two major segments, namely wires and cables including house wires, industrial wires, power cables, and special cables; and FMEG including fans, lighting, switches, and appliances.
Guidance scorecard · Q2 FY27 call
What R R Kabel Ltd's management guided
and where it ranks in Industrial Products
Industrial Products
RevenueQ1 FY27 call
20–40%- Targeting around 18% year-on-year volume growth for FY '27, consistent with earlier guidance.
- Expecting overall sales/revenue growth of approximately 20% year-on-year in the FMEG business.
- Cables segment expected to grow at a higher pace compared to wires, driven by infrastructure, green energy, data centers, and export opportunities.
- Export growth primarily from Europe, Middle East, and potential for significant opportunity in the U.S. once tariff issues settle.
- FMEG business aims to sustain breakeven and move to profitability over the next 2-3 years with continuous 20% top-line growth annually.
2 more points from R R Kabel Ltd's call on revenue
Create a free account to keep reading this call
MarginsQ1 FY27 call
FlatSee what R R Kabel Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Capex plan of INR 1,200 crores is on track for FY '26 to FY '28.
- Around INR 300 crores invested last year.
- Planned capex of approximately INR 600-650 crores in the current fiscal year.
- About 80% of the capex is focused on expanding cable business capacities.
- New capacities expected to be added in Silvassa (wire side) and Waghodia (cable side) during the current year.
- Expansion aimed at meeting projected volume growth and revenue targets.
- Focus on increasing presence in HV cable segment alongside existing LV cable business.
2 more points from R R Kabel Ltd's call on capex
Create a free account to keep reading this call
FundraisingQ1 FY27 call
See what R R Kabel Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- The company is experiencing strong volume growth, particularly in the cables segment (25% volume growth), supported by domestic and export markets.
- There is a focus on expanding B2B business in project, industrial, and power cables, indicating potential future order inflows.
- Export markets, including Europe, Middle East, and emerging focus on the U.S., are contributing to growth and opportunities.
2 more points from R R Kabel Ltd's call on the order book
Create a free account to keep reading this call
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Industrial Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹532 Cr | 21.2 | |
| 2 | 40%+ | Up 2%+ | ₹450 Cr | 13.2 | |
| 3 | 40%+ | Up 2%+ | ₹371 Cr | 26.1 | |
| 4 | 40%+ | Up 0–2% | ₹1,340 Cr | 32.9 | |
| 5 | 40%+ | Up 0–2% | ₹1,196 Cr | 14.1 | |
| 6 | 40%+ | Flat | ₹966 Cr | 25.0 |
Sign up free to see every company in the sector ranking and track R R Kabel Ltd.
Pro shows every company guiding 40%+ revenue growth →Full Industrial Products rankingR R Kabel Ltd announcements
All announcements →- Acquisition / mergerMajor developmentR R Kabel Limited reports Q2 and H1 FY27 unaudited financials, declares interim dividend
- Acquisition / mergerNotableR R Kabel Limited executes Business Transfer Agreement to acquire U M Cables Limited's business
- Capex / expansionNotableR R Kabel Limited commences commercial production at new Silvassa unit
Financials of R R Kabel Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
R R Kabel Ltd
Shareholding breakup across reporting periods.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters + | 62.76% | 62.76% | 61.89% | 61.78% | 61.80% | 61.80% | 61.76% | 61.76% | 61.65% | 61.65% | 61.38% | 59.33% |
| FIIs + | 4.69% | 4.16% | 6.54% | 7.35% | 7.83% | 7.17% | 8.57% | 8.18% | 8.40% | 9.10% | 10.68% | 12.51% |
| DIIs + | 8.83% | 9.37% | 13.53% | 14.34% | 14.33% | 14.75% | 13.62% | 13.87% | 13.94% | 13.33% | 11.87% | 10.25% |
| Public + | 23.73% | 23.70% | 18.04% | 16.54% | 16.03% | 16.27% | 16.05% | 16.20% | 16.00% | 15.91% | 16.07% | 17.92% |
| No. of Shareholders | 1,56,947 | 1,45,858 | 1,34,822 | 1,28,740 | 1,38,200 | 1,46,892 | 1,35,697 | 1,35,711 | 1,28,337 | 1,30,587 | 1,43,418 | 1,58,941 |
Financials of R R Kabel Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,610 | 1,634 | 1,754 | 1,808 | 1,810 | 1,782 | 2,218 | 2,059 | 2,164 | 2,536 | 2,964 | 3,168 | 3,284 |
| Expenses + | 1,489 | 1,521 | 1,639 | 1,713 | 1,725 | 1,672 | 2,023 | 1,917 | 1,988 | 2,332 | 2,702 | 2,885 | 3,000 |
| Operating Profit | 121 | 113 | 115 | 95 | 86 | 111 | 194 | 142 | 176 | 204 | 262 | 283 | 284 |
| OPM % | 8% | 7% | 7% | 5% | 4.7% | 6% | 9% | 7% | 8% | 8% | 9% | 9% | 9% |
| Other Income + | 15 | 12 | 20 | 19 | 7 | 14 | 13 | 13 | 17 | -3 | 15 | 49 | 22 |
| Interest | 14 | 12 | 13 | 12 | 16 | 16 | 15 | 15 | 16 | 19 | 25 | 26 | 33 |
| Depreciation | 17 | 16 | 16 | 16 | 17 | 18 | 19 | 20 | 22 | 24 | 26 | 30 | 31 |
| Profit before tax | 105 | 96 | 106 | 86 | 60 | 90 | 173 | 120 | 155 | 159 | 225 | 276 | 242 |
| Tax % | 29% | 26% | 26% | 25% | 17% | 24% | 25% | 25% | 25% | 26% | 25% | 26% | 25% |
| Net Profit + | 74 | 71 | 79 | 64 | 50 | 69 | 129 | 90 | 116 | 118 | 168 | 205 | 181 |
| EPS in Rs | 6.57 | 6.29 | 6.98 | 5.71 | 4.38 | 6.06 | 11.42 | 7.93 | 10.28 | 10.46 | 14.84 | 18.14 | 15.97 |
Financials of R R Kabel Ltd
Profit & Loss
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 2,479 | 2,724 | 4,386 | 5,599 | 6,595 | 7,618 | 9,722 | 11,952 |
| Expenses + | 2,272 | 2,492 | 4,082 | 5,276 | 6,133 | 7,131 | 8,936 | 10,919 |
| Operating Profit | 207 | 232 | 304 | 323 | 462 | 487 | 786 | 1,033 |
| OPM % | 8% | 9% | 7% | 6% | 7% | 6% | 8% | 9% |
| Other Income + | 27 | 23 | 50 | 35 | 64 | 53 | 43 | 83 |
| Interest | 37 | 29 | 24 | 43 | 54 | 60 | 77 | 103 |
| Depreciation | 39 | 45 | 46 | 60 | 65 | 70 | 92 | 111 |
| Profit before tax | 158 | 181 | 284 | 256 | 406 | 409 | 659 | 902 |
| Tax % | 22% | 25% | 25% | 26% | 27% | 24% | 25% | |
| Net Profit + | 122 | 135 | 214 | 190 | 298 | 312 | 492 | 672 |
| EPS in Rs | 13.08 | 14.16 | 22.38 | 19.84 | 26.43 | 27.56 | 43.52 | 59.41 |
| Dividend Payout % | 25% | 0% | 11% | 23% | 23% | 22% | 22% |
Financials of R R Kabel Ltd
Balance Sheet
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 24 | 24 | 48 | 56 | 57 | 57 | 57 |
| Reserves | 881 | 1,023 | 1,226 | 957 | 1,772 | 2,096 | 2,518 | 2,982 |
| Borrowings + | 400 | 507 | 533 | 996 | 360 | 290 | 337 | 577 |
| Other Liabilities + | 242 | 161 | 268 | 633 | 681 | 1,074 | 1,710 | 2,190 |
| Total Liabilities | 1,545 | 1,715 | 2,051 | 2,634 | 2,869 | 3,517 | 4,621 | 5,805 |
| Fixed Assets + | 391 | 399 | 398 | 517 | 535 | 769 | 1,173 | 1,200 |
| CWIP | 15 | 7 | 43 | 44 | 164 | 235 | 72 | 186 |
| Investments | 221 | 237 | 268 | 363 | 342 | 239 | 255 | 396 |
| Other Assets + | 919 | 1,072 | 1,342 | 1,710 | 1,830 | 2,274 | 3,121 | 4,023 |
| Total Assets | 1,545 | 1,715 | 2,051 | 2,634 | 2,869 | 3,517 | 4,621 | 5,805 |
Financials of R R Kabel Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 216 | -71 | 98 | 454 | 339 | 494 | 295 |
| Cash from Investing Activity + | -128 | -6 | -63 | -334 | -84 | -169 | -263 |
| Cash from Financing Activity + | -82 | 74 | -32 | -102 | -205 | -191 | -162 |
| Net Cash Flow | 5 | -3 | 4 | 19 | 50 | 134 | -130 |
| Free Cash Flow | 123 | -118 | 35 | 346 | 152 | 129 | 7 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 120% | -13% | 56% | 158% | 94% | 121% | 57% |
Financials of R R Kabel Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 62 | 56 | 43 | 39 | 35 | 39 | 37 |
| Inventory Days | 71 | 91 | 72 | 69 | 61 | 59 | 81 |
| Days Payable | 34 | 19 | 17 | 35 | 29 | 44 | 63 |
| Cash Conversion Cycle | 99 | 128 | 98 | 72 | 67 | 54 | 56 |
| Working Capital Days | 50 | 62 | 49 | 31 | 40 | 34 | 41 |
| ROCE % | 15% | 18% | 16% | 22% | 20% | 28% |
Guidance history
How R R Kabel Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Flat | Planned | — | Rising |
| Q4 FY26 call → | 10–20% | Up 0–2% | Planned | — | — |
| Q3 FY26 call → | 20–40% | Up 0–2% | Planned | — | — |
| Q2 FY26 call → | 10–20% | Up 0–2% | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
35 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +45.8% | 85% |
| Last 6 months | +30.9% | 82% |
| Last 3 months | −21.0% | 19% |
The price is 29.8% below its all-time high of ₹2,928.4 (31 Aug 2026). Stocks more than 20% below their peak have their score halved, so 70 became 35.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For R R Kabel Ltd: 0.4 × 85 + 0.4 × 82 + 0.2 × 19 = 70, halved to 35 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What R R Kabel Ltd's management said in earlier quarters
Others in Industrial Products this season
- Captain Polyplast Ltd (Q2 FY27)
32.9% increase . Key results statement takeaways from Captain Polyplast Ltd's Q2 FY27 results statement — and how it ranks against sector peers.
- Shyam Metalics & Energy Ltd (Q2 FY27)
Q2 FY27 Revenue:** ₹5,960.2 crore, up 33.4% YoY (Page 38) . Key investor presentation takeaways from Shyam Metalics & Energy Ltd's Q2 FY27 investor presentation
- Ratnaveer Precision Engineering Ltd (Q2 FY27)
Q2 FY27 Revenue: ₹3,872.37 million . Key investor presentation takeaways from Ratnaveer Precision Engineering Ltd's Q2 FY27 investor presentation — and how it r
- HEG Advanced Materials Ltd (Q2 FY27)
For the quarter ended September 30, 2026, HEG Limited reported total revenue from operations of ₹1,520.64 crores. Key results statement takeaways from HEG Advan