PRIMECAB

Prime Cable Industries financials

Market cap: ₹313 Cr
Sector: Capital Goods
Calls analysed: 2

Latest concall · Q4 FY26 · call held 22 May 2026

PRIMECAB Q4 FY26

Revenue ₹234.9 cr +67%EBITDA ₹23.5 cr +61%EBITDA Margin 10% PAT ₹12.3 cr +66%

What went well

Full Year FY26 Revenue of approximately INR235 crores, up 67% YoY.
Full Year FY26 PAT increased from INR7.4 crores in FY25 to INR12.3 crores.
Order book as of May end stood at approximately INR191 crores, providing strong near-term execution visibility.

What to watch

Incurred approximately INR2 crores in one-time professional and advisory expenses in H2 FY26.
Potential shortage on the demand side due to government policies identified as the only challenge.

Read the full call →

Guidance record · Q4 FY26

what the last two calls moved 13 tracked 1 delivered 1 missed 11 open

Existing Capacity Utilization delivered said Q2 FY26 Promised: 60%-65% by 31st March like end of this year Q4 FY26: FY26 revenue was INR 234.9 crores against a stated existing capacity of INR 350 crores (from Q2 FY26 call), implying a utilization of ~67%, which is above the target range of 60-65%.
Solar Cables Launch went quiet said Q2 FY26 Promised: maximum by this month end or maximum by December first half Q4 FY26: The target launch date of Q3 FY26 has passed. There was no mention of the solar cables product line in the Q4 FY26 earnings call or materials.
Existing Capacity Utilization on track said Q2 FY26 Promised: utilized across more than 80%, by next year Q4 FY26: Company achieved ~67% utilization in FY26. With revenue growth guidance of 40-45% for FY27, the implied revenue would be ~INR 329-340 crores, which would put utilization of the existing INR 350 crore capacity well above the 80% target.

All 13 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

₹ Cr · quarterly

Line item	Q2 FY25	Q4 FY25	Q2 FY26	Q4 FY26
Revenue	56	85	91	144
Expenses	51	76	81	130
EBITDA	5	9	10	14
Margin	10%	11%	11%	10%
Other income	0	0	0	-1
Interest	2	2	2	2
Depreciation	0	0	1	1
Profit before tax	3	7	7	10
Tax rate	27%	27%	21%	29%
Net profit	2	5	5	7
EPS	39.40	3.57	2.99	3.69

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +116.8% 1Y

1Y: ₹78.3 on 29 Sept 2025 → ₹169.75. High ₹215 (26 Aug 2026), low ₹71 (30 Mar 2026).

How the price took the results

close before → close after

Q4 FY26: −5.0%; 22 May
Q2 FY26: −3.4%; 5 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Balance sheet

Year ending	FY21	FY22	FY23	FY24	FY25	FY26
Equity capital	₹1 Cr	₹1 Cr	₹1 Cr	₹1 Cr	₹9 Cr	₹9 Cr
Reserves	₹4 Cr	₹5 Cr	₹5 Cr	₹6 Cr	₹45 Cr	₹52 Cr
Borrowings	₹10 Cr	₹16 Cr	₹23 Cr	₹33 Cr	₹45 Cr	₹52 Cr
Other liabilities	₹4 Cr	₹10 Cr	₹11 Cr	₹9 Cr	₹51 Cr	₹53 Cr
Total liabilities	₹20 Cr	₹31 Cr	₹39 Cr	₹48 Cr	₹151 Cr	₹165 Cr
Fixed assets	₹6 Cr	₹7 Cr	₹8 Cr	₹12 Cr	₹33 Cr	₹38 Cr
Capital work in progress	₹0 Cr	₹0 Cr	₹1 Cr	₹5 Cr	₹0 Cr	₹1 Cr
Investments	₹1 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Other assets	₹13 Cr	₹24 Cr	₹29 Cr	₹31 Cr	₹117 Cr	₹126 Cr
Total assets	₹20 Cr	₹31 Cr	₹39 Cr	₹48 Cr	₹151 Cr	₹165 Cr

How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Mar 2026

Since Sep 2025, FIIs trimmed −1.87 pp while the public added +0.94 pp. The shareholder count grew 10% to 501.

Promoters: 68.5%
FIIs: 1.1%
DIIs: 10.8%
Public: 19.6%

Since Sep 2025

FIIs −1.87 pp
Public +0.94 pp
DIIs +0.63 pp

Who was buying across the market this quarter →

Who bought this quarter

since Sep 2025

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

Negen Undiscovered Value Fund AIF newly disclosed 3.34% held
India Equity Fund 1 AIF +3.23 pp 4.68% held
Grobiz Sme Opportunity Fund AIF newly disclosed 1.03% held
Shreya Jhalani Singla +0.10 pp 0.22% held
Purshotam Singla +0.09 pp 36.60% held
Seema Gupta +0.08 pp 1.08% held
Nikunj Singla +0.05 pp 10.67% held
Rua Singla newly disclosed 0.00% held

The same filing shows 1 holder trimming and 4 off the list — both are in the register beside this.

Who is on the register

Named in the Mar 2026 filing

Every holder of Prime Cable Industries Limited above SEBI's 1% disclosure line, and what changed since Sep 2025.

Holder	Stake	Change
Purshotam Singla	36.60%	+0.09 pp
Nikunj Singla	10.67%	+0.05 pp
Naman Singla	10.65%	unchanged
Vijay Lakshmi Singla	7.27%	unchanged
India Equity Fund 1 AIF	4.68%	+3.23 pp
Negen Undiscovered Value Fund AIF	3.34%	newly disclosed
Purshotam Singla Huf	2.99%	unchanged
Yr Investment Opportunities Fund AIF	1.29%	unchanged
Seema Gupta	1.08%	+0.08 pp
Craft Emerging Market Fund Pcc-Citadel Capital Fund FPI fund	1.05%	−0.27 pp
Grobiz Sme Opportunity Fund AIF	1.03%	newly disclosed
Shreya Jhalani Singla	0.22%	+0.10 pp

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth the price implies: 7.4% a year; for 7 years, fading to 4%
It has actually compounded at: Not enough history
The gap: —; between what it did and what it must do

Price today ₹169.75

Change the assumptions yourself →

All earnings calls (2)

Read the Q4 FY26 call →

Learn to analyse Prime Cable Industries Limited

Guides on how to read this kind of business and the numbers that matter.