Prime Cable Industries Limited reported a 67% year-on-year increase in revenue from operations to INR 234.9 crore for the financial year ended March 31, 2026 (FY26), driven by strong execution across utility and infrastructure projects. Profit after tax (PAT) rose 66% to INR 12.24 crore, while EBITDA grew 61% to INR 23.5 crore, with margins remaining stable at approximately 10%. The company disclosed these figures during its earnings conference call held on May 22, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

For the second half of FY26 (H2 FY26), revenue reached INR 144.2 crore, a 70% increase from INR 84.9 crore in the corresponding period of the previous year. PAT for H2 FY26 stood at INR 6.7 crore, reflecting a 38% year-on-year growth. The company incurred one-time professional and advisory expenses of approximately INR 2 crore during H2 FY26 related to fundraising and public market readiness initiatives, with a post-tax impact of INR 1.5 crore.

Operational Highlights and Order Book

The company achieved an annualized capacity utilization of 55% in FY26, with near-peak utilization in March 2026. Prime Cable secured BIS certifications for solar cables, aluminium conductors, and power cables up to 33 kV, enabling entry into the renewable segment and higher-value power infrastructure projects. As of May 31, 2026, the order book stood at INR 191 crore, supported by a recent INR 32 crore order from a private EPC contractor. The order book provides execution visibility for the next 4 to 6 months.

Strategic Expansion and Guidance

Prime Cable is expanding its manufacturing footprint with a new facility in Ghiloth (Unit 3), scheduled for commissioning by the end of Q2 FY27. The project, with a total capital expenditure of INR 40 crore, will focus on medium voltage cables and is expected to add INR 250 crore of annual revenue capacity at peak utilization. Management targets a total installed revenue capacity of over INR 600 crore by Q1 FY28. The company expects revenue to grow at a compound annual growth rate (CAGR) of 45% over the next two years, with EBITDA margins projected to remain in the 10% to 11% range in FY27 before expanding with the medium voltage mix.

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.

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.