RRKABEL

R R Kabel share price & financials

Price
₹2,321.1
Market cap
₹29.8k Cr
Sector
Capital Goods
Calls analysed
7
Latest concall · Q1 FY27 · call held 27 Jul 2026

R R Kabel Q1 FY27

Revenue ₹3,168 cr +54%Operating EBITDA ₹285 cr +100%Operating EBITDA Margin 9% Profit After Tax ₹205 cr +128%

What went well

  • Achieved highest ever quarterly revenue of ₹3,168 crores, growing 54% YoY.
  • Operating EBITDA almost doubled to ₹285 crores, with margin improving to 9% from 7% YoY.
  • Profit After Tax increased significantly to ₹205 crores from ₹90 crores last year.

What to watch

  • Continued volatility in metal prices and foreign exchange, along with global uncertainty.
  • Supply chain-related issues still remain, though management is confident of overcoming them.
Read the full call →

What R R Kabel does

R R Kabel manufactures and markets wires and cables and fast-moving electrical goods (FMEG) for residential, commercial, industrial and infrastructure customers across India and 66+ countries. It is backward-integrated, producing its own aluminium rods and PVC/LS0H insulation and sheathing compounds in-house rather than buying them, giving it formulation-level control over product quality. Products reach the market through a distributor-retailer-electrician network, with an in-house loyalty ecosystem used to build brand advocacy among electricians who influence retail wire purchases.

Segments

  • Wires & Cables (W&C)
  • Fast-Moving Electrical Goods (FMEG)
Market position
India's No.1 exporter of wires and cables
Countries served (exports)
66+
International product certifications
42
Distributors and dealers
7,200+
Retailers
2,15,000+
Loyalty-enrolled electricians
6,65,000+
Founded 1995Headquarters Mumbai, Maharashtra Company website

Guidance record · Q1 FY27

what the last two calls moved 19 tracked 5 delivered 2 missed 12 open
  • FMEG Profitability (EBITDA/EBIT) delivered said Q3 FY25 Promised: Breakeven at EBITDA level by Early FY'26 (Q1 FY26) Q1 FY27: The FMEG business... achieved operational breakeven during the quarter, a significant milestone compared to losses of ₹7 crores in Q1 FY26.
  • Additional Annual Revenue from Capex went quiet said Q3 FY25 Promised: ₹4,000 crores to ₹4,500 crores annually Q1 FY27: Promise was not mentioned or updated.
  • FMEG Revenue CAGR revised down said Q4 FY25 Promised: 25% over the next 3 years Q1 FY27: So first of all, we are targeting growth of around 20% in FMEG business.

All 19 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 53.9%, net profit up 127.8% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue1,810 1,782 2,218 2,059 2,164 +20%2,536 +42%2,964 +34%3,168 +54%
EBITDA86 111 194 142 176 +105%204 +84%262 +35%283 +99%
Net profit50 69 129 90 116 +132%118 +71%168 +30%205 +128%
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 +98.7% 1Y

₹1.5k₹2.0k₹2.5k₹3.0kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 7 Nov 2025Q3 FY26 — 2 Feb 2026Q4 FY26 — 8 May 2026Q1 FY27 — 27 Jul 2026

1Y: ₹1,220.2 on 10 Sept 2025 → ₹2,424.4. High ₹2,928.4 (31 Aug 2026), low ₹1,218.3 (26 Sept 2025).

How the price took the results

close before → close after

Q1 FY27
+1.3%
27 Jul
Q4 FY26
+0.8%
8 May
Q3 FY26
−1.5%
2 Feb
Q2 FY26
−1.5%
7 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.

Financials, as filed

Revenue grew 20.2% a year over 3 years, FY23 to FY26. Operating margin widened to 8.1%.

Year endingFY23FY24FY25FY26
Revenue₹5.6k Cr₹6.6k Cr₹7.6k Cr₹9.7k Cr
Operating profit₹321 Cr₹462 Cr₹486 Cr₹784 Cr
Operating margin5.7%7.0%6.4%8.1%
Interest₹42 Cr₹53 Cr₹59 Cr₹75 Cr
Depreciation₹60 Cr₹65 Cr₹70 Cr₹92 Cr
Net profit₹189 Cr₹298 Cr₹312 Cr₹492 Cr
Net margin3.4%4.5%4.1%5.1%
ROCE16.0%22.0%20.0%28.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹24 Cr₹24 Cr₹48 Cr₹56 Cr₹57 Cr₹57 Cr
Reserves₹1.0k Cr₹1.2k Cr₹957 Cr₹1.8k Cr₹2.3k Cr₹2.5k Cr
Borrowings₹507 Cr₹533 Cr₹996 Cr₹360 Cr₹393 Cr₹337 Cr
Other liabilities₹161 Cr₹268 Cr₹633 Cr₹681 Cr₹945 Cr₹1.7k Cr
Total liabilities₹1.7k Cr₹2.1k Cr₹2.6k Cr₹2.9k Cr₹3.7k Cr₹4.6k Cr
Fixed assets₹399 Cr₹398 Cr₹517 Cr₹535 Cr₹952 Cr₹1.2k Cr
Capital work in progress₹7 Cr₹43 Cr₹44 Cr₹164 Cr₹204 Cr₹72 Cr
Investments₹237 Cr₹268 Cr₹363 Cr₹342 Cr₹224 Cr₹255 Cr
Other assets₹1.1k Cr₹1.3k Cr₹1.7k Cr₹1.8k Cr₹2.3k Cr₹3.1k Cr
Total assets₹1.7k Cr₹2.1k Cr₹2.6k Cr₹2.9k Cr₹3.7k Cr₹4.6k 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 Jun 2026

Since Jun 2025, FIIs added +2.11 pp while DIIs trimmed −1.75 pp. The shareholder count grew 6% to 1,43,418.

Promoters
61.4%
FIIs
10.7%
DIIs
11.9%
Public
16.1%

Since Jun 2025

  • FIIs +2.11 pp
  • DIIs −1.75 pp
  • Promoters −0.38 pp

How it drifted, 12 quarters

Over this window the public fell from 23.6% to 16.1% — −7.5 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 62.8%, FIIs 5.0%, DIIs 8.7%, Public 23.6%.Dec '23: Promoters 62.8%, FIIs 4.7%, DIIs 8.8%, Public 23.7%.Mar '24: Promoters 62.8%, FIIs 4.2%, DIIs 9.4%, Public 23.7%.Jun '24: Promoters 61.9%, FIIs 6.5%, DIIs 13.5%, Public 18.0%.Sep '24: Promoters 61.8%, FIIs 7.3%, DIIs 14.3%, Public 16.5%.Dec '24: Promoters 61.8%, FIIs 7.8%, DIIs 14.3%, Public 16.0%.Mar '25: Promoters 61.8%, FIIs 7.2%, DIIs 14.8%, Public 16.3%.Jun '25: Promoters 61.8%, FIIs 8.6%, DIIs 13.6%, Public 16.1%.Sep '25: Promoters 61.8%, FIIs 8.2%, DIIs 13.9%, Public 16.2%.Dec '25: Promoters 61.6%, FIIs 8.4%, DIIs 13.9%, Public 16.0%.Mar '26: Promoters 61.6%, FIIs 9.1%, DIIs 13.3%, Public 15.9%.Jun '26: Promoters 61.4%, FIIs 10.7%, DIIs 11.9%, Public 16.1%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

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

The same filing shows 7 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of R R Kabel above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Tribhuvanprasad Rameshwarlal Kabra 7.37%unchanged
Mahendrakumar Rameshwarlal Kabra 5.83%unchanged
Hemant Mahendrakumar Kabra 5.83%unchanged
Mahhesh Kabra 5.19%unchanged
Kirtidevi Shreegopal Kabra 4.95%unchanged
ICICI Prudential Flexicap Fund Mutual fund4.70%unchanged
Vvidhi Mahhesh Kabra 4.20%unchanged
‌Hemlata Home Solutions Private Limited 3.97%newly disclosed
Sarita Jhawar 3.88%unchanged
Shreegopal Rameshwarlal Kabra 3.74%−0.35 pp
Rajesh Kabra 3.63%unchanged
Kabra Shreegopal Rameshwarlal Huf 3.50%unchanged

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.

Mutual funds in RRKABEL

Filings to Aug 2026

0 new, 5 added, 1 trimmed, 0 sold out — net +0.01 L shares (+1.2%).

Held by funds
₹31 Cr
6 schemes
Biggest holder
Nippon India Nifty Smallcap 250 Index Fund
₹15 Cr · 0.4% of that fund
SchemeHoldingLast month
Nippon India Nifty Smallcap 250 Index Fund Nippon India Mutual Fund₹15 Cr+0.01 L
SBI Nifty Smallcap 250 Index Fund SBI Mutual Fund₹8 Cr+0.00 L
Nippon India Nifty 500 Momentum 50 Index Fund Nippon India Mutual Fund₹6 Cr+0.00 L
Nippon India Nifty 500 Equal Weight Index Fund Nippon India Mutual Fund₹1 Cr+0.00 L
SBI Nifty 500 Index Fund SBI Mutual Fund₹0 Cr−0.00 L
SBI Nifty Small Cap 250 ETF SBI Mutual Fund₹0 Cr+0.00 L

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Aug 2026

5 added, 1 trimmed — net +1,265 shares (+1.2%)

Funds are sitting on
+34%
vs est. average cost
Held by funds
₹31 Cr
6 schemes · ≈ 0.08% of the company
Biggest holder
Nippon India Nifty Smallcap 250 Index Fund
₹15 Cr · 0.4% of that fund

Shares held by these funds −64%

Sep '23 1.06 L shares Jul '26

What the price assumes

Attractive

To justify its price of ₹2424, this stock must grow earnings at 30% every year for 7 years. Our analysis caps realistic growth at ~38%. At that growth it is worth ₹3483 — upside of 44%.

Growth the price implies
30.0% a year
for 7 years, fading to 4%
It has actually compounded at
37.6% a year
net profit, FY23–FY26
The gap
-0.1 pp
44% downside if it only repeats history
Price today ₹2,424.4 Value at the reference growth ₹3,483.07

Change the assumptions yourself →

All earnings calls (7)

Read the Q1 FY27 call →

Learn to analyse R R Kabel

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