RR Kabel Delivers Robust Q2 FY26 Performance with 19.5% Revenue Growth and 105.8% EBITDA Surge
RR Kabel Limited posted robust Q2 FY26 results with revenue up 19.5% to ₹2,163.80 crore and PAT surging 134.7% to ₹116.30 crore. The wires and cables segment drove growth with a 22.3% revenue increase. EBITDA margin improved to 8.1%. H1 FY26 saw record revenue and PAT of ₹206.00 crore. Exports showed strong performance, particularly in Europe and the Middle East. Management expressed confidence in future growth, focusing on institutional, project, and retail sales. The company plans a ₹1,200.00 crore expansion, primarily in the cable segment.

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RR Kabel Limited , a leading player in the wires and cables industry, has reported strong financial results for the second quarter of fiscal year 2026, demonstrating significant growth across key metrics.
Financial Highlights
| Metric | Q2 FY26 | Q2 FY25 | YoY Growth |
|---|---|---|---|
| Revenue from Operations | ₹2,163.80 crore | ₹1,810.10 crore | 19.5% |
| EBITDA | ₹176.10 crore | ₹85.60 crore | 105.8% |
| EBITDA Margin | 8.1% | 4.7% | 340 bps |
| Profit After Tax (PAT) | ₹116.30 crore | ₹49.50 crore | 134.7% |
| PAT Margin | 5.4% | 2.7% | 270 bps |
The company's performance was primarily driven by robust growth in its core wires and cables segment, which saw a 22.3% increase in revenue to ₹1,971.20 crore, supported by a 16% volume expansion.
Segment Performance
Wires and Cables
The wires and cables segment continued to be the primary growth engine for RR Kabel. The segment reported a sharp rise in profit to ₹180.40 crore, more than doubling from ₹81.80 crore in the same quarter last year.
FMEG Segment
In contrast, the FMEG (Fast-Moving Electrical Goods) segment experienced a marginal decline in revenue, recording ₹192.60 crore compared to ₹198.30 crore in Q2 FY25. Despite challenges in the fans and appliances categories, the company noted better performance in switches and lighting products.
H1 FY26 Performance
For the first half of FY26, RR Kabel achieved its highest ever half-yearly revenue and reported a record H1 PAT of ₹206.00 crore, marking an 80.9% year-on-year increase. The company's revenue grew by 16.7% year-on-year during this period.
Export Performance
The company reported strong growth in exports, with Europe and the Middle East remaining the biggest markets, contributing 75% to 80% of export revenue. Management expressed confidence in normalizing U.S. market conditions and anticipates higher growth from these markets in the future.
Management Commentary
Mahendrakumar Kabra, Managing Director of RR Kabel, expressed confidence in the company's growth trajectory, stating, "We are focusing more on institutional sales, project sales, and retail sales, which is definitely going to help us grow further."
Rajesh Jain, newly appointed Chief Operating Officer, added, "We are quite hopeful that our H2 will be better than H1, what we have achieved." The management team expects to maintain sequential growth and aims to achieve EBIT margins of 10.5%-11% by FY28.
Future Outlook
RR Kabel remains optimistic about its growth prospects, supported by favorable market conditions including:
- Government infrastructure initiatives
- Ongoing formalization of the electrical sector
- Increasing consumer preference for branded, energy-efficient products
The company plans to focus on:
- Deepening its distribution reach
- Expanding its export footprint
- Introducing technologically advanced products catering to emerging sectors
The management has outlined a long-term expansion plan involving an investment of ₹1,200.00 crore, primarily focused on the cable segment. This investment aims to enhance the company's presence in:
- Utility business
- B2B infrastructure projects
- Data centers
- OEM business
As RR Kabel continues to execute its growth strategy, it remains well-positioned to capitalize on the positive trends in the Indian economy and the global demand for quality wire and cable products.
Historical Stock Returns for RR Kabel
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.54% | -2.49% | +8.56% | +11.82% | -11.07% | +14.93% |






































