R R Kabel Shares Surge 20% on Strong Q4 Performance and Ambitious Growth Plans
R R Kabel's share price has increased by nearly 20% in two trading sessions following impressive Q4 results. The company reported better-than-expected revenue growth, improved EBITDA, and higher net profit. HSBC projects a further 15% upside potential with a target price of ₹1,400.00. R R Kabel also announced a medium-term strategic plan to increase EBITDA by 2.5 times over FY2025-2028, signaling confidence in future growth prospects.
05May 25
RR Kabel Reports Record Q4 Revenue, Beats Estimates with 63% Profit Surge
RR Kabel Ltd achieved its highest-ever quarterly revenue of ₹2,217.00 crore, a 26.39% year-on-year growth. Net profit surged 63.00% to ₹129.00 crore, while EBITDA grew 68.55% to ₹193.50 crore. The company announced expansion plans, adding 36,000 MT capacity at Waghodia plant and 6,000 MT at Silvassa unit. RR Kabel aims for an 18.00% CAGR in its wires and cables business over the next three years. The board recommended a final dividend of ₹3.50 per share.
02May 25
R R Kabel Reports 84% Drop in Q4 Profit, Beats Estimates Amid Expansion Plans
R R Kabel Limited, an Indian wire and cable manufacturer, reported an 84% year-on-year decline in Q4 FY25 net profit to ₹129.00 crore, despite a 26.40% increase in revenue to ₹2,217.00 crore. The company's Wires & Cables segment grew by 28.40%, while the FMEG segment increased by 13.30%. Despite the profit drop, R R Kabel announced significant capacity expansion plans for its Waghodia and Silvassa units, with a total investment of approximately ₹1,450 crore. The Board recommended a final dividend of ₹3.50 per share for FY25.