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.

Relicab Cable Manufacturing Limited has announced that its Board of Directors will meet on Friday, May 29, 2026. The primary agenda for the meeting is to consider and approve the audited financial results of the company for the financial year ended March 31, 2026, along with the Auditor's Report.

The board will also discuss any other business with the permission of the Chairperson. This meeting is being held in compliance with Regulation 29 and Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and the SEBI (Prohibition of Insider Trading) Regulations, 2015.

In conjunction with the upcoming results, the company has closed the trading window for dealing in its securities. This closure applies to designated persons, including employees and directors, effective from April 1, 2026. The window will remain closed until 48 hours after the declaration of the audited financial results for the year ended March 31, 2026.

The closure is implemented under the company's Code of Practice and Procedures for Fair Disclosure of Unpublished Price Sensitive Information and the relevant SEBI regulations. This measure is intended to ensure compliance with insider trading norms during the period leading up to the financial announcement.

Key Meeting Details

The company has requested the stock exchange to take the information on record and acknowledge the same.