R R Kabel LimitedQ2 FY27 Results & Financial Update
R R Kabel Limited: Q2 FY27 consolidated results and company financials – revenue ₹3,284.00 Cr, PAT ₹180.60 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
R R Kabel price & chart
Quarter overview
Quarterly earnings analysis
R R Kabel recorded consolidated revenue from operations of INR 3,284 crore for Q2 FY27, representing a sequential increase of 3.66% over INR 3,168.2 crore reported in Q1 FY27.
Consolidated profit after tax for the quarter stood at INR 180.6 crore, marking a sequential decrease of 11.99% compared to INR 205.2 crore in the preceding quarter.
Profit before tax for Q2 FY27 was INR 242.2 crore, reflecting a 12.25% sequential decline from INR 276.0 crore in Q1 FY27.
The Wires & Cables segment continued to drive operational performance, supported by sustained demand across both domestic and export markets alongside improved realizations.
The FMEG segment showed steady top-line expansion led by appliances and new product introductions, while segment loss margins narrowed year-on-year toward full-year breakeven targets.
Total income for the quarter reached INR 3,303.3 crore, compared to INR 3,201.1 crore in the previous quarter.
Basic earnings per share for Q2 FY27 stood at INR 15.97, compared to INR 18.14 in Q1 FY27.
01 · Business model
What does R R Kabel do?
R R Kabel Limited operates as a leading consumer electrical manufacturer in India with an operating history of over 27 years. The company maintains status as India's largest exporter of wires and cables.
The core product portfolio spans wires and cables, fans, lighting, electrical accessories, and appliances serving residential, commercial, industrial, and infrastructural applications.
The company's product lines adhere to global safety and reliability guidelines, holding national and international product certifications including REACH and RoHS directives.
The business operates through two principal segments: Wires & Cables (W&C) which generates the vast majority of revenues, and Fast Moving Electrical Goods (FMEG) which covers appliances, fans, and related categories.
02 · Historical context
What shaped the business before this quarter
R R Kabel established itself as India's largest exporter of wires and cables over successive operating periods.
03 · Financial snapshot
Current quarter vs the available comparable
| Metric | Q2 FY27 | Previous quarter |
|---|---|---|
| Revenue from operations | ₹3,284.00 Cr | ₹3,168.20 Cr |
| Total income | ₹3,303.30 Cr | ₹3,201.10 Cr |
| Profit before tax | ₹242.20 Cr | ₹276.00 Cr |
| Profit after tax | ₹180.60 Cr | ₹205.20 Cr |
| EPS | ₹15.97 | ₹18.14 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 5.5% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 7.4% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹19.30 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue expansion was anchored by the Wires & Cables division, which represented approximately 92% of Q2 FY27 revenues, supplemented by growing contributions from the FMEG division.
Export markets accounted for 32% of Q2 FY27 revenue mix, increasing from 27% in Q2 FY26 and 29% in Q1 FY27, while domestic markets contributed 68%.
What drove margins
Segment profitability in W&C benefited from disciplined commodity management, higher gross profits, and improved cost absorption.
FMEG segment loss margins narrowed to 2.2% in H1 FY27 from 4.5% in H1 FY26, supported by top-line growth and ongoing cost efficiencies.
05 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
W&C segment revenue reached INR 30,103 million in Q2 FY27, with segment profit before tax and interest at INR 2,824 million (9.4% margin).
FMEG segment revenue reached INR 2,737 million in Q2 FY27, recording a segment loss before tax and interest of INR 124 million (-4.5% margin).
Geography and market mix
Export share of revenue expanded to 32% in Q2 FY27 compared to 27% in Q2 FY26 and 29% in Q1 FY27, reflecting stronger international outreach.
06 · Strategy & new businesses
How the company is trying to change its growth mix
Management remains focused on building scale in the FMEG business, with a stated target of achieving full-year operating breakeven in FY27.
07 · Reported developments
What changed operationally
The company recorded its highest-ever half-yearly revenue, operating EBITDA, and PAT for H1 FY27.
08 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Working capital days stood at 46 days as of September 2026, compared to 49 days in March 2026, driven by inventory and credit management adjustments.
Capital allocation & funding
Non-current borrowings stood at INR 2,431 million and current borrowings at INR 2,303 million as of September 2026.
09 · Beyond the numbers
What changed beyond the numbers
Certifications and Compliance
The company's wires and cable product range maintains compliance with REACH and RoHS directives alongside national and international certifications.
10 · Previous-quarter changes
What changed since the previous quarter
Revenue from operations increased by 3.66% sequentially from INR 3,168.2 crore in Q1 FY27 to INR 3,284.0 crore in Q2 FY27, while PAT moderated by 11.99% from INR 205.2 crore to INR 180.6 crore.
11 · Key Q&A
The quarter, answered directly
What does R R Kabel do?
R R Kabel Limited operates as a leading consumer electrical manufacturer in India with an operating history of over 27 years. The company maintains status as India's largest exporter of wires and cables.
What is the clearest takeaway from Q2 FY27?
R R Kabel recorded consolidated revenue from operations of INR 3,284 crore for Q2 FY27, representing a sequential increase of 3.66% over INR 3,168.2 crore reported in Q1 FY27.
What drove revenue or demand?
Revenue expansion was anchored by the Wires & Cables division, which represented approximately 92% of Q2 FY27 revenues, supplemented by growing contributions from the FMEG division.
What mattered most for margins or profitability?
Segment profitability in W&C benefited from disciplined commodity management, higher gross profits, and improved cost absorption.
What changed operationally beyond the headline numbers?
Management remains focused on building scale in the FMEG business, with a stated target of achieving full-year operating breakeven in FY27.
12 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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