Prime Cable FY26 PAT rises 66% to INR 12.24 crore

1 min read     Updated on 22 May 2026, 12:25 PM
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Prime Cable Industries Limited reported a 66% YoY rise in PAT to INR 12.24 crore for FY26, with revenue increasing 67% to INR 234.88 crore. The Board approved the audited financial results on May 21, 2026.

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Prime Cable Industries Limited announced its audited financial results for the financial year ended March 31, 2026, following a Board meeting on May 21, 2026. The company reported strong growth in profitability and operational metrics, supported by robust order execution and capacity expansion.

Financial Performance

For the full year FY26, Prime Cable Industries recorded a revenue from operations of INR 234.88 crore, a 67% increase compared to INR 141.0 crore in the previous year. Profit after tax (PAT) for the year stood at INR 12.24 crore, rising 66% from INR 7.35 crore in FY25. The company’s EBITDA for the year grew by 61% to INR 23.49 crore, with an EBITDA margin of 10.0%.

In the second half of FY26 (H2 FY26), revenue reached INR 144.17 crore, a 70% year-over-year increase, while PAT increased by 38% to INR 6.76 crore. The unexecuted order book as of May 15, 2026, was INR 191.0 crore, scheduled for execution over the next 4-6 months.

Metric FY25 FY26 YoY Change
Revenue from operations (INR Cr) 141.0 234.9 67%
PAT (INR Cr) 7.35 12.24 66%
EBITDA (INR Cr) 14.6 23.5 61%
EBITDA Margin 10.4% 10.0% -38bps

Operational Highlights

The company achieved an annualized capacity utilization of 55% in FY26, with facilities in Narela (Unit 1) and Ghiloth (Unit 2) nearing peak utilization by March 2026. Prime Cable secured BIS certifications for MV power cables, ACSR connectors, and solar cables, marking its entry into the renewable segment. The order book remains robust, supported by incremental state approvals in five states during the fiscal year.

Strategic Expansion

Prime Cable is expanding its manufacturing footprint with a new facility in Ghiloth (Unit 3), scheduled for commissioning by the end of H1 FY27. The project, with a total cost of INR 39.9 crore, will focus on medium voltage cables up to 33 kV. The company targets an installed capacity of 5,000 kms per annum by the end of H1 FY27 and 8,000+ kms by Q1 FY28. Management expects revenue to grow at a 45% CAGR over the next two years, driven by strong demand tailwinds and capacity ramp-up.

How will Prime Cable Industries fund the remaining capital expenditure for Unit 3 and the planned 8,000+ km capacity expansion, and what impact will this have on its debt-to-equity ratio?

Given the EBITDA margin compression of 38bps in FY26 despite strong revenue growth, what risks could further erode margins as the company scales toward its 45% CAGR revenue target?

With Unit 3 focusing on medium voltage cables up to 33 kV and new BIS certifications for solar cables, how much of Prime Cable's future order book does management expect to derive from the renewable energy sector?

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Prime Cable Industries Files SDD Compliance Certificate for FY26

1 min read     Updated on 20 May 2026, 11:30 AM
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Prime Cable Industries Limited submitted its SDD Compliance Certificate for FY26 to NSE Emerge, confirming the maintenance of a non-tamperable database for UPSI. The audit by Neetu Saini & Associates verified access controls and successful event capture with no non-compliance observed.

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Prime Cable Industries Limited has submitted its Structured Digital Database (SDD) Compliance Certificate for the financial year ended March 31, 2026, to the National Stock Exchange of India Limited (NSE) Emerge. The filing was made in accordance with Regulation 3(5) and 3(6) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

The compliance certificate was issued by M/s Neetu Saini & Associates, Company Secretaries. The audit confirmed that Prime Cable Industries Limited has a Structured Digital Database in place with adequate control over access. The system is designed to capture the nature of Unpublished Price Sensitive Information (UPSI) along with the precise date and time of dissemination.

Key Compliance Verifications

The certification process verified several critical operational aspects of the company's internal database systems. The auditor confirmed that the database is maintained internally with a comprehensive audit trail. Furthermore, the system was found to be non-tamperable and possesses the capability to maintain records for a minimum period of eight years.

Compliance Parameter Status
SDD Implementation In place
Access Control Exists
UPSI Capture Complete
Audit Trail Maintained
Record Retention 8 years

Event Capture and Audit Findings

During the review for the financial year 2025-26, the audit identified that three events were required to be captured within the database. The certification confirms that all specified events were successfully recorded. Neetu Saini, Proprietor of Neetu Saini & Associates, confirmed that no instances of non-compliance were observed for the fiscal year ending March 31, 2026.

The document was signed by Vandana, Company Secretary and Compliance Officer of Prime Cable Industries Limited, and submitted to the Listing and Compliance Department of NSE Emerge on May 16, 2026.

How might Prime Cable Industries Limited's consistent SDD compliance record influence investor confidence and its valuation on NSE Emerge as it potentially scales toward the main board?

With SEBI increasingly tightening insider trading regulations, what additional compliance requirements could SME-listed companies like Prime Cable Industries face in upcoming regulatory cycles?

Given that only three UPSI events were captured in FY2025-26, how could a significant business expansion or merger activity impact the complexity and volume of insider trading compliance obligations for Prime Cable Industries?

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