Synopsis:
Birla Cable shares fell up to 6% after Q2FY26 results, with revenue down 3.2% YoY to ₹176 crore and net profit dropping 61% YoY.
The shares of the Micro-Cap company specializing in manufacturing a wide range of telecommunication cables, including optical fibre cables, copper telecom cables, and structured LAN cables, as well as specialty cables and allied accessories, declined by upto 6 percent following their Q2 results, with a 61 percent decline in profit YoY.
With a market capitalization of 475.80 Crores on Friday, the shares of Birla Cable Ltd declined by upto 6 percent, reaching a low of Rs. 158.60 compared to its previous close of Rs. 168.80.
What Happened
Birla Cable Ltd, engaged in manufacturing a wide range of telecommunication cables, including optical fibre cables, copper telecom cables, and structured LAN cables, as well as specialty cables and allied accessories, has announced its Q2 results as follows:
Its Revenue from operations declined by 3.2 percent YoY from Rs. 182 Crores in Q2FY25 to Rs. 176 Crores in Q2FY26, and it declined by 0.2 percent QoQ from Rs. 176.4 Crores in Q1FY26 to Rs. 176 Crores in Q2FY26.
Its Net Profit YoY declined by 61 percent from Rs. 1.82 Crores in Q2FY25 to Rs. 0.71 Crores in Q2FY26, and it declined by 48 percent QoQ from Rs. 1.36 Crores in Q1FY26 to Rs. 0.71 Crores in Q2FY26.
The company has improved its financial health, with a debt-to-equity ratio of 0.41, and maintains a healthy dividend payout of 50%, reflecting a balanced approach to rewarding shareholders while managing resources efficiently.
Company Overview & Others
Birla Cable Limited (Formerly known as Birla Ericsson Optical Limited) is a premier company in the field of Telecommunication Cables, which offers one of the widest portfolios of Copper and fiber optic cables under its umbrella.
A division under India’s one of the most trusted M. P. Birla Group, Birla Cable Limited has come a long way to establish itself as one of the most admirable player in the Global arena among users of Telecom cables due to its superior product quality, stringent quality control systems, and flawless performance across all segments of Telecom users.
By way of acquiring the shares of Ericsson recently, Birla Cable Limited has become a truly global Indian Company, which has a reach of more than 60 countries, fully capable of catering to all the needs of communication cables across the segments
It manufactures a wide range of copper and optical fiber cables for various sectors, including telecom, oil and gas, and power. It has a strong global presence and also offers EPC (Engineering, Procurement, and Construction) services.
Written by Sridhar J
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