Prime Cable Industries has received an order worth Rs 16.49 crore from a reputed Indian listed company. The scope covers supply of MV cables of 11 KV, with the contract running for 4 months.

This order was disclosed to the exchange on September 29, 2026, and is classified as a significant order. It is not a related-party transaction and carries no promoter interest. The order value is stated as inclusive of tax treatment.

Order in Financial Context

The Rs 16.49 crore order represents a significant incremental booking for the company. Its size relative to average quarterly revenue cannot be calculated as the Trailing Twelve Month (TTM) revenue stands at Rs 0.0 crore. Consequently, the book-to-bill ratio is not computable on a standard revenue basis.

Prime Cable Industries has now disclosed orders from multiple domestic entity types, including a reputed state discom, a reputed EPC contractor, a joint venture between a private power company and a state government, and a reputed Indian listed company.

Company Order Track Record

Order inflow has been recorded across Q1FY27 and Q2FY27, with the Q2FY27 quarter reflecting three separate disclosures including the latest one in September 2026.

Note: Q2FY27 total includes the new Rs 16.49 crore order.

Detailed Order History

Execution and Revenue Quality

The company's consolidated financials show zero revenue and zero net profit for the trailing twelve months, resulting in a 0.0% Operating Profit Margin (OPM). This lack of recent revenue data makes it difficult to assess whether existing backlogs are converting into revenue.

Working Capital and Execution Capacity

With no operating cashflow or free cashflow data available for the latest period, the company's ability to fund working capital requirements for these orders remains unquantified from public filings. The 4-month execution window on the new order provides a shorter horizon compared to the previously disclosed contracts.

Key Observations

• Zero revenue base: TTM revenue is Rs 0.0 crore, rendering traditional valuation multiples less relevant for immediate comparison. The market cap of Rs 342.84 crore (as of 29 Sep 2026) reflects forward-looking expectations rather than current earnings.
• High ROCE vs Zero Earnings: Despite reporting zero profit in the TTM period, the company maintains a Return on Capital Employed (ROCE) of 28.76% based on FY26 audited financials.
• Small Cap Scale: With a market cap of Rs 342.84 crore (as of 29 Sep 2026), the company falls into the small-cap category.
• Multiple entity types: Orders have now been received from a state discom, an EPC contractor, a joint venture of a private power company and a state government, and a reputed Indian listed company, indicating engagement across different domestic buyer categories.

Prime Cable Industries has secured an order worth ₹16.49 crore for 11 KV medium voltage (MV) cables.

Order details

The following table summarises the key details of the order as disclosed:

The order is for the supply of 11 KV MV cables, a product segment that forms part of Prime Cable Industries' core manufacturing portfolio. The order value of ₹16.49 crore represents a notable contract relative to the company's market capitalisation of ₹343 crore.