SYNOPSIS: Prime Cable Industries Limited reported strong H1 FY26 results, with revenue rising 62 percent YoY to Rs. 90.7 crore, EBITDA up 84 percent to Rs. 9.7 crore, and PAT surging 123 percent to Rs. 5.5 crore.
During Monday’s trading session, shares of one of the leading manufacturers of low-voltage cables and wires surged nearly 18.3 percent to a new 52-week high at Rs. 123.65 on NSE, after reporting strong H1 FY26 results with a rise in net profit by around 123 percent YoY.
At 11:36 a.m., shares of Prime Cable Industries Limited were trading in green at Rs. 118.45 on NSE, up by around 13.3 percent, compared to its previous closing price of Rs. 104.55, with a market cap of Rs. 217 crores.
What’s the News:
Prime Cable Industries Limited announced the financial results for the first half of FY26 (H1 FY26) on Friday after market hours, as per the latest regulatory filings with the NSE.
During the first half of FY26, Prime Cable Industries Limited delivered strong operational and financial performance driven by robust demand from PSUs and industrial customers. Revenue from operations stood at Rs. 90.7 crores, reflecting a year-on-year growth of around 62 percent compared to Rs. 56 crores in H1 FY25, supported by higher order volumes and improved product mix.
During the same period, EBITDA increased by 84.4 percent YoY to Rs. 9.7 crores, with the EBITDA margin expanding by 131 basis points to 10.72 percent from 9.41 percent a year earlier, reflecting improved efficiencies and better capacity utilisation.
Profit After Tax (PAT) more than doubled to Rs. 5.5 crores, indicating a rise of around 123 percent YoY from Rs. 2.4 crores in H1 FY25. The PAT margin improved by 166 basis points to 6.04 percent, underscoring the company’s focus on value-added cable segments, operational discipline, and customer diversification.
Prime Cable Industries Limited is an indigenous manufacturer of high-quality low-voltage cables and wires, with a comprehensive portfolio including control cables, power cables, aerial bunch cables, instrumentation cables, house/building wires, and conductors.
It supplies mission-critical products to State Electricity Boards, Public Sector Undertakings (PSUs), EPC contractors, and industries like oil & gas, mining, steel, real estate, and electric panel manufacturing.
Prime Cable operates through two advanced ISO and BIS-certified manufacturing facilities. Unit I in Narela, Delhi, specialises in wires and cables with an annual installed capacity of 11,000 km of cables and 5,000 km of wires. Unit II in Ghiloth, Rajasthan, is a high-capacity plant producing 16,000 km of cables and 5,000 km of wires annually.
Written by Shivani Singh
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