Relicab Cable Manufacturing has secured a contract worth ₹13.33 crore for the supply of control cables from a domestic entity in the power and energy sector. The order, including GST, is scheduled for delivery on or before August 10, 2026, reinforcing the company's position in the industrial cable supply market.

Order Details

The purchase order was received under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The client is identified as one of the leading global power and energy technology companies operating in India, though the specific name was withheld due to competitive sensitivity.

The disclosure confirmed that the order does not involve any related party transactions and that the promoter group has no interest in the entity awarding the contract. This order win highlights Relicab Cable Manufacturing's capability to secure contracts from major players in the infrastructure and energy sectors.

Relicab Cable Manufacturing Ltd reported a 9.2% rise in net profit for the financial year ended March 31, 2026, to ₹187.67 crore, compared to ₹171.91 crore in the previous year. This growth was supported by a 60.4% increase in total revenue, which reached ₹6,518.38 crore from ₹4,063.30 crore in FY25. Revenue from operations for the year stood at ₹6,420.59 crore, while other income contributed ₹97.78 crore.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. M/s. Jain Jagawat Kamdar & Co., Statutory Auditors, issued an audit report with an unmodified opinion on the financial results. However, the auditors drew attention to several key areas requiring management focus.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a net profit of ₹72.34 crore, a significant increase from ₹42.62 crore in the corresponding period of the previous year. Total revenue for the quarter rose to ₹2,636.79 crore from ₹1,649.89 crore in Q4FY25. Revenue from operations for the quarter was ₹2,597.22 crore.

Expenses for the full year increased to ₹6,301.63 crore from ₹3,826.58 crore in the prior year, primarily driven by the cost of materials consumed, which stood at ₹5,254.55 crore. Finance costs for the year amounted to ₹267.38 crore. The basic earnings per share (EPS) for FY26 improved to ₹1.86 from ₹1.70 in the previous year.

Auditor Observations

The auditors highlighted that the Government of India notified Labour Codes effective from November 21, 2025. The company is currently evaluating the impact of these codes on employee benefit obligations, and the financial impact on the statements for the year ended March 31, 2026, could not be ascertained at this stage.

Additionally, the auditors noted that the company does not have an appropriate system for obtaining confirmations and performing reconciliations of balances for deposits, advances, and other receivables or payables. Due to the absence of sufficient appropriate audit evidence, the auditors were unable to determine the possible impact on the financial results. The auditors also pointed out that trade payables were classified into MSME and others based solely on management assessment without supporting audit evidence.