Birla Cable Q1 Results: Net profit jumps 21.8x YoY to ₹30.69 crore

2 min read     Updated on 02 Aug 2026, 06:21 PM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Birla Cable Limited delivered strong Q1FY27 results with standalone net profit soaring 21.8x YoY to ₹30.69 crore, fueled by a 51% revenue jump to ₹266.64 crore. Margins expanded significantly as expense growth lagged revenue growth. The company also announced a Scheme of Amalgamation with Vindhya Telelinks, effective April 1, 2026, subject to regulatory approvals.

powered bylight_fuzz_icon
47220660

*this image is generated using AI for illustrative purposes only.

Birla Cable Limited reported a standalone net profit of ₹30.69 crore for the quarter ended June 30, 2026 (Q1FY27), marking a 21.8-fold increase from the ₹13.45 lakh profit recorded in Q1FY26. This significant turnaround was driven by a 51.1% year-on-year surge in revenue from operations, which reached ₹266.64 crore compared to ₹176.44 crore in the prior year period. Consolidated net profit stood at ₹30.70 crore, up from ₹13.62 lakh in Q1FY26, while consolidated revenue mirrored the standalone figure at ₹266.64 crore.

The Board of Directors approved the unaudited financial results on August 2, 2026, pursuant to Regulation 33 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by the Statutory Auditors, V. Sankar Aiyar & Co. The filing covers both standalone and consolidated figures for the quarter and the corresponding year-to-date period.

Financial Performance Highlights

Revenue growth was the primary driver of profitability, with operating income expanding sharply against a backdrop of controlled cost inflation. While cost of raw materials consumed rose to ₹198.19 crore from ₹150.69 crore in Q1FY26, it remained well below revenue growth rates, preserving margins. Employee benefits expense decreased slightly to ₹85.04 lakh from ₹87.91 lakh, and finance costs fell to ₹20.50 lakh from ₹23.23 lakh, further supporting the bottom line.

Metric Q1FY27 Standalone (₹ in lakhs) Q1FY26 Standalone (₹ in lakhs) YoY Change
Revenue from Operations 26,663.67 17,643.76 +51.1%
Total Income 26,724.37 17,698.39 +50.9%
Total Expenses 22,616.45 17,514.36 +29.1%
Profit Before Tax 4,107.92 184.03 +2,132.2%
Net Profit After Tax 3,068.58 134.49 +2,174.0%
EPS (₹) 10.23 0.45 +2,173.3%

Basic and diluted earnings per share (EPS) jumped to ₹10.23 from ₹0.45 in the previous year. For the full fiscal year FY26, the company had reported a standalone net profit of ₹16.87 crore on revenue of ₹771.11 crore.

Amalgamation Scheme with Vindhya Telelinks

A material corporate development disclosed in the filing is the approval of a Scheme of Amalgamation between Birla Cable Limited (Transferor Company) and Vindhya Telelinks Limited (Transferee Company). The Board approved the scheme on March 21, 2026, with an appointed date of April 1, 2026. Upon effectiveness, Birla Cable will be dissolved, and shareholders will receive 10 equity shares of Vindhya Telelinks for every 115 equity shares held in Birla Cable. The scheme is subject to approvals from the National Company Law Tribunal and stock exchanges.

What the Numbers Show

The most striking aspect of Q1FY27 results is the divergence between revenue growth and expense growth. Revenue expanded by over 51%, while total expenses grew by only 29.1%. This operational leverage resulted in Profit Before Tax increasing more than 21 times year-on-year. The company’s ability to pass on input cost increases or benefit from volume efficiencies appears to have significantly improved margin dynamics. Additionally, Other Comprehensive Income (OCI) contributed ₹40.70 crore to total comprehensive income, primarily driven by items not reclassified to profit or loss, indicating potential unrealized gains in financial assets or revaluation reserves that bolstered overall equity value despite not impacting current PAT.

The statutory auditors, V. Sankar Aiyar & Co., confirmed that the statements comply with Ind AS 34 and SEBI Listing Regulations. The consolidated results include the wholly-owned subsidiary Birla Cable Infrasolutions DMCC, whose unaudited interim financials were certified by management as immaterial to the group.

Historical Stock Returns for Birla Cable

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+3.27%+0.84%+50.41%+19.47%+91.46%

How will the upcoming amalgamation with Vindhya Telelinks impact Birla Cable's future revenue streams and market positioning in the telecom infrastructure sector?

Can the company sustain the current operational leverage and margin expansion if raw material costs continue to rise or if competitive pricing pressures intensify?

What is the expected timeline for receiving final approvals from the National Company Law Tribunal and stock exchanges for the amalgamation scheme?

Birla Cable fixes record date for FY26 dividend

2 min read     Updated on 14 Jul 2026, 04:44 PM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Birla Cable Limited has fixed July 27, 2026, as the record date for its 34th Annual General Meeting (AGM) and to determine shareholder eligibility for the final dividend for the financial year 2025-26. The AGM is scheduled for August 3, 2026. The board recommended a dividend of ₹1.25 per equity share. The company reported a standalone net profit of ₹1686.78 lakh for FY26, with revenue from operations rising to ₹77111.40 lakh.

powered bylight_fuzz_icon
45223978

*this image is generated using AI for illustrative purposes only.

Birla Cable Limited has fixed July 27, 2026, as the record date for its 34th Annual General Meeting (AGM) and to determine shareholder eligibility for the final dividend for the financial year 2025-26. The AGM is scheduled to be held on August 3, 2026, at 4.45 P.M. at the Registered Office of the Company at Udyog Vihar, P.O. Chorhata, Rewa - 486 006 (M.P.). The dividend declaration is subject to approval by the members. This announcement follows the company's reporting of a standalone net profit of ₹1686.78 lakh for FY26, a significant increase from ₹503.11 lakh in the previous year.

The board had earlier recommended a dividend of ₹1.25 per equity share of face value ₹10 each, amounting to a payout of 22.23% of the standalone net profit for the year. The record date ensures that shareholders listed on the register of members as of July 27, 2026, will be entitled to attend the AGM and receive the dividend if declared. Additionally, the company has provided the web-link for the Annual Report 2025-26 and Notice of AGM on its website, https://www.birlacable.com , specifically for shareholders who have not registered their email addresses.

Financial Performance

The company's revenue from operations rose by 16.54% to ₹77111.40 lakh, primarily driven by historically high sales in the Structured Copper LAN Cable segment. This performance helped offset subdued demand in the Optical Fibre Cable market. The profit before tax stood at ₹2259.24 lakh, up from ₹683.56 lakh in FY25, while finance costs decreased to ₹1233.51 lakh from ₹1371.75 lakh in the prior year. The following table summarises the key financial metrics for the year:

Description: 2025-26 (₹ in Lakhs) 2024-25 (₹ in Lakhs)
Revenue from Operations 77111.40 66165.23
Profit Before Tax 2259.24 683.56
Net Profit for the year 1686.78 503.11
Earnings Per Share (Basic) 5.62 1.68

Operational Highlights

During the year under review, the company recorded standalone revenue from operations of ₹77111.40 lakh. This increase was primarily attributed to a significant rise in Structured LAN Cable sales, which reached the highest-ever revenue in this category. The order flow for Optical Fibre Cables remained broadly in line with the previous year. The company's capital expenditure for the year aggregated to ₹191.05 lakhs, consisting of additions to plant and equipment for capacity expansion.

Corporate Governance and Approvals

The board of directors appointed Shri Somesh Laddha as the Manager designated as the Manager & CFO of the company for a term of three years with effect from May 22, 2026, subject to shareholder approval. The board also approved the ratification of the remuneration payable to the Cost Auditors, Messrs D. Sabyasachi & Co., for the financial year ending March 31, 2027. The company's statutory auditors, Messrs V. Sankar Aiyar & Co., Chartered Accountants, have confirmed their eligibility to continue in office.

AGM and Voting Details

Pursuant to Regulation 47 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has intimated the exchanges regarding the newspaper publication of the Notice of the 34th AGM. The notice was published on July 11, 2026, in the 'Financial Express' and 'Dainik Jagran'. The facility for remote e-voting will be available from Friday, July 31, 2026, at 9.00 A.M. until Sunday, August 2, 2026, at 5.00 P.M., provided by Central Depository Services (India) Limited (CDSL). Members recorded as on the cut-off date of July 27, 2026, shall be entitled to avail the facility of remote e-voting and/or voting at the AGM.

Historical Stock Returns for Birla Cable

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+3.27%+0.84%+50.41%+19.47%+91.46%

Will the strong performance in Structured Copper LAN Cable segment continue to drive revenue growth in the next fiscal year?

How does the company plan to address the subdued demand in the Optical Fibre Cable market moving forward?

Will the significant increase in net profit lead to a higher dividend payout ratio in the future?

More News on Birla Cable

1 Year Returns:+19.47%