Prime Cable Industries Secures Material Contract Worth ₹8,30,13,000 for Manufacture & Supply of 11 KV HT Cable

1 min read     Updated on 10 May 2026, 04:49 AM
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Reviewed by
Suketu GScanX News Team
AI Summary

Prime Cable Industries Limited has received a material contract valued at ₹8,30,13,000 (inclusive of GST) from a private domestic entity for the manufacture and supply of 11 KV HT Cable. The order is to be executed within 30 days or as per the schedule requirement from the MFC issued by the private entity. The contract involves no related party transactions and no promoter or group company interest in the awarding entity. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on 09.05.2026.

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Prime Cable Industries Limited has secured a material contract worth ₹8,30,13,000 (inclusive of GST) from a private domestic entity for the manufacture and supply of 11 KV HT Cable. The development was disclosed by the company pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on 09.05.2026.

Contract Overview

The contract was awarded by a private domestic entity and pertains to the manufacture and supply of 11 KV HT Cable. The company confirmed that neither the promoter, promoter group, nor group companies hold any interest in the awarding entity, and the transaction does not fall within the scope of related party transactions. The key details of the contract are presented below:

Parameter: Details
Awarding Entity: Private Entity
Nature of Contract: Manufacture & Supply of 11 KV HT Cable
Domestic / International: Domestic
Contract Value: ₹8,30,13,000 (inclusive of GST)
Execution Timeline: Within 30 days or as per schedule requirement from MFC issued by the Private Entity
Related Party Transaction: No
Promoter / Group Interest in Awarding Entity: No

Regulatory Disclosure

The intimation was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The disclosure was signed by Vandana, Company Secretary and Compliance Officer (Membership No. 62136), on behalf of Prime Cable Industries Limited.

Could this contract signal a broader expansion strategy for Prime Cable Industries into the high-tension cable segment, and are there plans to bid for larger government or infrastructure projects in the near future?

Given the tight 30-day execution timeline, how might supply chain constraints or raw material price volatility impact Prime Cable Industries' ability to deliver and maintain margins on this contract?

How does this ₹8.3 crore contract compare to Prime Cable Industries' historical order book size, and what does it indicate about the company's revenue growth trajectory for FY2026-27?

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Prime Cable Industries Limited Reports 66% Revenue Growth in FY26, Secures Record Order Worth ₹32.0 Crores

2 min read     Updated on 25 Apr 2026, 08:46 AM
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Radhika SScanX News Team
AI Summary

Prime Cable Industries Limited reported exceptional growth in FY26 with revenue increasing 66.4% year-on-year to ₹234.6 crores, while Q4 FY26 revenue reached ₹72.3 crores, up 66.5% from the previous year. The company secured its largest-ever order worth ₹32.0 crores for supply of high tension cables, low tension aerial bunched cables, and covered conductors to a private EPC contractor. Prime Cable also obtained BIS certification for solar cable manufacturing, enabling participation in the renewable energy sector, and maintains an order book of ₹217.0 crores as of April 22, 2026.

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Prime Cable Industries Limited has delivered impressive financial performance in FY26, demonstrating strong growth momentum across its wire and cable manufacturing operations. The Delhi-based company reported significant revenue expansion while securing strategic certifications and landmark orders that position it for continued growth in India's power transmission and distribution sector.

Strong Financial Performance in FY26

The company's financial results for FY26 showcase robust growth across key metrics. Prime Cable achieved substantial revenue expansion, reflecting increased demand for its diversified product portfolio in the power sector.

Financial Metric: FY26 FY25 Growth (%)
Annual Revenue: ₹234.6 crores ₹141.0 crores +66.4%
Q4 Revenue: ₹72.3 crores ₹48.0 crores +66.5%
Order Book (March 31, 2026): ₹170.0 crores - -

The company's order book stood at ₹170.0 crores as of March 31, 2026, providing strong revenue visibility for the upcoming periods. Prime Cable continues to witness increased tendering activity from State Electricity Boards along with sustained enquiry flow, indicating healthy demand conditions in its target markets.

Record Order Win and Strategic Developments

Building on its strong Q4 momentum, Prime Cable secured its largest-ever domestic order worth ₹32.0 crores from a reputed private sector EPC contractor. This milestone order encompasses the supply of multiple product categories for power infrastructure projects.

Order Details: Specifications
Order Value: ₹32.0 crores
Customer Type: Private sector EPC contractor
Products: High Tension cables, Low Tension Aerial Bunched cables, Covered conductors
End Application: State Electricity Board projects
Execution Timeline: Six months
Updated Order Book: ₹217.0 crores (as of April 22, 2026)

The products will be deployed in projects executed for a State Electricity Board in India, with execution scheduled over the next six months. Including this new order, the company's total order book increased to ₹217.0 crores as of April 22, 2026.

Business Expansion and Certifications

Prime Cable achieved a significant milestone by securing BIS certification for manufacturing solar cables with 1500V DC, Class 5 conductor specifications. This certification enables the company to participate in India's fast-growing solar and renewable energy EPC ecosystem, expanding its addressable market beyond traditional power transmission and distribution segments.

The company operates with over 17 years of experience in wire and cable manufacturing, offering a diversified product portfolio that includes:

  • Low voltage control cables
  • Power cables
  • Aerial bunched cables
  • Instrumentation cables
  • Housing wires
  • Conductors

Prime Cable serves a wide range of end-user industries through its customer base comprising EPC contractors, electricity boards, public sector undertakings involved in power generation, transmission and distribution, as well as sectors such as oil & gas, mining, steel, real estate, and electrical panel manufacturers. The company manufactures and markets its products under the "PRIME CAB" and "RENUFO" brands, maintaining ISO and BIS certifications that reflect its adherence to quality and manufacturing standards.

How will Prime Cable's new BIS certification for solar cables position the company to capitalize on India's renewable energy targets and upcoming solar projects?

What impact could the increased tendering activity from State Electricity Boards have on Prime Cable's market share and competitive positioning in FY27?

Will Prime Cable need to expand its manufacturing capacity or invest in new facilities to execute its ₹217 crore order book within the projected timelines?

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