Citi Maintains Buy Rating on RR Kabel with Target Price of ₹2,650
Citi has maintained a Buy rating on RR Kabel with a target price of ₹2,650, citing confidence in double-digit volume growth for FY27 and cumulative price hikes of 25–30%+ to manage commodity and FX pressures. A sharp export recovery is expected to drive growth and margin expansion via operating leverage, while competition is seen as manageable given the cable industry's structural dynamics. The FMEG segment is projected to reach breakeven in FY27, supported by fan category traction and pricing actions.
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.