Cords Cable FY26 net profit rises 40.7% to ₹2064.33 lakh

1 min read     Updated on 30 May 2026, 02:49 PM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Cords Cable Industries Limited reported a 40.7% increase in net profit to ₹2064.33 lakh for FY26, with revenue rising to ₹95887.80 lakh. The Board recommended a final dividend of ₹1.20 per share and approved the re-appointment of auditors for FY27.

powered bylight_fuzz_icon
40822473

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

Cords Cable Industries Limited reported a 40.7% increase in net profit to ₹2064.33 lakh for the financial year ended March 31, 2026, compared to ₹1466.99 lakh in the previous year. Revenue from operations for the year stood at ₹95887.80 lakh, up from ₹79848.94 lakh in FY25. The Board of Directors approved the audited standalone financial results for the fourth quarter and financial year ended March 31, 2026, at a meeting held on May 28, 2026.

Financial Performance

The company's profit for the period from continuing operations rose to ₹2064.33 lakh in FY26 from ₹1466.99 lakh in FY25. For the quarter ended March 31, 2026, the net profit was ₹828.11 lakh. Total income for the year increased to ₹95887.80 lakh from ₹79848.94 lakh in the prior year. Earnings per share (EPS) for the year improved to ₹15.88 from ₹11.25 in the previous year.

Dividend Declaration

The Board has recommended a final dividend of ₹1.20 per equity share, which is 12% of the face value of ₹10 each, for the financial year 2025-26. This dividend is subject to the approval of shareholders at the ensuing Annual General Meeting. Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, the record date for the purpose of the final dividend shall be intimated in due course.

Auditor and Appointments

The statutory auditors, M/s Alok Misra & Co., issued an unmodified opinion on the audited standalone financial results. Additionally, the Board approved the re-appointment of M/s Agarwal Nikhil & Co., Chartered Accountants, as Internal Auditor and M/s S Chander & Associates, Cost Accountants, as Cost Auditor for the financial year 2026-27.

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 95887.80 79848.94
Total Income 95887.80 79848.94
Total Expenses 93117.31 77884.72
Net Profit 2064.33 1466.99
EPS (Basic) 15.88 11.25

Historical Stock Returns for Cords Cable Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.89%-8.11%-3.61%+14.85%+2.62%+262.01%

What strategic initiatives will Cords Cable Industries pursue to sustain the 40% profit growth in FY27?

How will the company utilize its increased earnings to fund future expansion or reduce debt?

Will the dividend payout ratio increase in the coming years given the improved EPS?

like20
dislike

Cords Cable Industries Launches Saksham Niveshak Campaign for Unclaimed Dividends

1 min read     Updated on 25 Apr 2026, 07:37 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Cords Cable Industries Limited announced its participation in IEPFA's 'Saksham Niveshak' campaign through newspaper advertisements dated April 24, 2026. The initiative aims to help shareholders update their KYC details, bank information, and contact details while claiming unpaid dividends before they are transferred to the Investor Education and Protection Fund.

powered bylight_fuzz_icon
38483150

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

Cords Cable Industries Limited has published newspaper advertisements in Financial Express and Jansatta dated April 24, 2026, announcing its participation in the Investor Education and Protection Fund Authority's Second 100 Days Campaign titled "Saksham Niveshak." The initiative runs from April 01, 2026 to July 09, 2026, aimed at reaching shareholders with unpaid or unclaimed dividends.

Campaign Objectives and Timeline

The IEPFA-initiated campaign focuses on creating awareness among shareholders to update their KYC details, bank account information, nominee details, and contact information. This proactive approach aims to prevent dividends and shares from being transferred to the Investor Education and Protection Fund.

Parameter: Details
Campaign Name: Second 100 Days Campaign - "Saksham Niveshak"
Duration: April 01, 2026 to July 09, 2026
Objective: Update KYC and prevent IEPF transfers
Target: Shareholders with unpaid/unclaimed dividends

Shareholder Action Requirements

Shareholders are encouraged to update their KYC particulars, bank account details, nominee information, and contact details to ensure smooth dividend payments. The company emphasizes the importance of maintaining current information to prevent automatic transfer of unclaimed dividends to the IEPF after the statutory seven-year period.

Contact Information for Updates

Shareholders wishing to update their information or claim unpaid dividends should contact the company's Registrar and Share Transfer Agent. All communications should be directed to MUFG Intime India Private Limited at Noble Heights, 1st Floor, Plot No. NH-2, LSC, C-1 Block, Near Savitri Market, Janakpuri, New Delhi-110058.

Contact Method: Details
Email: shamwatt.kushwah@in.mpms.mufg.com
CC Email: csc@cordscable.com
Physical Address: Noble Heights, Janakpuri, New Delhi-110058

Regulatory Compliance and Documentation

The newspaper advertisement was published in compliance with regulatory requirements and the company's commitment to shareholder engagement. The notice was signed by Company Secretary Garima Pant and is also available on the company's website at www.cordscable.com for easy access by all stakeholders.

Shareholders are advised to take prompt action during the campaign period to ensure their dividend entitlements are protected and their shareholding records remain current with the company's registrar.

Historical Stock Returns for Cords Cable Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.89%-8.11%-3.61%+14.85%+2.62%+262.01%

What percentage of Cords Cable's shareholders typically have unclaimed dividends, and how might this campaign impact the company's future dividend distribution costs?

Will other listed companies follow Cords Cable's proactive approach to IEPF compliance, potentially making such campaigns an industry standard?

How might the success of this 100-day campaign influence IEPFA's future investor education initiatives and regulatory requirements?

like20
dislike

More News on Cords Cable Industries

1 Year Returns:+2.62%