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R R Kabel Limited (RRKABEL)

Large Cap

Industrials stocks · Large cap · NSE

R R Kabel Limited manufactures wires and cables, and fast-moving electrical goods (FMEG). The Wires & Cables segment is the primary revenue driver, with a growing focus on B2B and export markets. The FMEG segment is targeted for profitability improvement.

₹2,320.6
-67.20 · -2.81%
Market cap ₹30,075 Cr
IndicesNifty 500
Data qualityFresh enough for analysisQuote updated 21 Oct, 02:00 pm IST
Details
Quote21 Oct, 02:00 pm IST
Base fundamentals14 Oct 2026 · screener
Latest result27 Jul, 08:42 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens

Trend score and candlestick chart

47Neutral

SMA20 -1.9% / mo · MACD −

Stock trend: 49
Sector RS: 45
Sector 3M: -7.7% vs Nifty 500 -6.1%

Latest mapped FPI equity flow was not positive. View sector evidence

Technical chart

RRKABELD candles · FIT view+44.2%TODAY · PROVISIONAL
Latest price ₹2320.60 on 2026-10-21

Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.

Bar
-1.5%
RSI
35
MACD hist
-31.22
52W pos
62%
Visible chart range
Candle interval
2026-10-21O ₹2356.00H ₹2363.00L ₹2282.00C ₹2320.60Vol 3.0L shIntraday candle
₹1.35k₹1.78k₹2.20k₹2.63k₹3.06k52H₹2320.602026-032026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

RRKABELNifty India ManufacturingNifty 500
-11%+2%+16%+29%20 Jul1 Sept19 Oct19 Oct 2026RRKABEL +2.4%Nifty India Manufactu… -5.8%Nifty 500 -5.6%
RRKABEL
+2.4%
Nifty 500
-5.6%
Nifty India Manufacturing
-5.8%
Vs Nifty 500
+7.9 pp
Chart stats
19 Oct 2026
From 52W high
-20.0%
₹2,983.8
52W range position
66%
₹1,218.9 - ₹2,983.8
ATR (14)
4.5%
₹106.7
Volume vs 20D
1.21x
Latest completed session
Avg traded value
₹94.2 Cr
20-session average
20D price channel
₹2,326 - ₹2,806.8
49.8% annualized volatility
Research snapshot

What the evidence says now

Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is consistent.

Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE
53

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Excellent
100

Revenue +53.9% · PAT +127.8% YoY

Technical
Neutral
47

Price trend and sector-relative-strength timing.

Valuation
Legacy model
-9.9%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
88

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Excellent · 100/100

Rev +54% YoY · PAT +128% YoY · margin expansion · +7% QoQ · operating leverage

Filed 27 Jul 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹3,168 Cr+53.9%+6.9%
EBITDA₹283 Cr+99.3%+8.0%
Operating margin9.0%+200 bps+0 bps
PAT₹205 Cr+127.8%+22.0%
PAT margin6.5%+210 bps+80 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
49.20
P/B
11.68
EV/EBITDA
29.61
Market Cap
30075.00Cr

Profitability

ROE
21.30%
ROCE
28.10%
ROA
13.16%
Dividend Y
0.36%

Growth (CAGR)

Revenue 5Y
29.00%
EPS 5Y
31.00%
Revenue 3Y
20.00%
EPS 3Y
39.00%

Balance Sheet

Debt/Equity
0.13
Interest Coverage
10.76×
Altman Z
9.97
Book Value
228.00

Cash Flow

FCF Yield
0.11%
FCF Positive Y
6/5
OCF
295.00 Cr
EPS TTM
53.72

Shareholding

Promoter Hold
61.38%
Promoter Pledge
0.00%
Momentum 52W
82%

Financial History

Updated 20/10/2026

Revenue

₹ Cr
Latest: 9,722+27.6% vs prev
09722Mar 2020: 2,479Mar 2021: 2,724Mar 2022: 4,386Mar 2023: 5,599Mar 2024: 6,595Mar 2025: 7,618Mar 2026: 9,722FY20FY21FY22FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: 492+57.7% vs prev
0492.0Mar 2020: 122Mar 2021: 135Mar 2022: 214Mar 2023: 190Mar 2024: 298Mar 2025: 312Mar 2026: 492FY20FY21FY22FY23FY24FY25FY26

Return on Equity

%
Latest: 863+7021.8% vs prev
0863.2Mar 2020: 13.5%Mar 2021: 12.9%Mar 2022: 17.1%Mar 2023: 18.9%Mar 2024: 16.3%Mar 2025: 12.1%Mar 2026: 863%FY20FY21FY22FY23FY24FY25FY26

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Bearish setup

Trend is weak — long-term uptrend intact. RSI 35.

  • Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
  • SMA20 falling (~1.1% over last month) — short-term momentum negative.
  • RSI(14) at 35 — falling, no extreme reading.
  • MACD below signal, histogram expanding negatively — bearish momentum building.
  • 22% off 52W high · 90% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

97
RS percentile
Stage 2 UptrendEstablished S2
1M return
-2.6%
3M return
+2.4%
6M return
+63.2%
1Y return
+70.1%
RS 1D
0
RS 20D
0
Sector rank
#5
Industry rank
#1
Stage evidence
  • Price is 8.7% above the 30-week proxy.
  • The 50-DMA is above the 30-week proxy and its slope is rising +7.2%.
  • Both 3-month and 6-month returns are positive.
50-DMA
price below
200-DMA
price above
S2 entered
16 Apr 2026
S2 age
131 trading sessions
Sector
neutral
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 199.87+1.03%
90127164201239Sept 25Feb 26Jun 26Oct 26200
RS vs Nifty 500200

Valuation & peers

U-Score 53 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies

53U-SCORE
Premium Compounder

Fundamental score breakdown

U band · FAIR VALUE
Valuation0/30
Growth18/25
Quality16/20
Balance Sheet10/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
53

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

53/100 · legacy band FAIR VALUE

Positive drivers

  • Piotroski is strong at 8/9.
  • Quality contributes 16/20 to the score.
  • Growth contributes 18/25 to the score.

Main drags

  • Fair-value margin of safety is negative at -9.9%.
  • Valuation is weaker at 0/30; verify the latest quarterly trend.
  • Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
49.2
PB
11.7
EV/EBITDA
29.6
ROE
21.3%
ROCE
28.1%
FCF Yield
0.1%
Debt/Equity
0.1
MoS
-9.9%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
53
Previous: 53
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
-9.9%
Previous: -13.1%

Score history

12 stored score snapshots. Latest stored move: +0 points.

21 Oct 2026
v4.3-runtime-valuation
53
53
53
53
53
53
53
53
53
53
53
53

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹524.96
-342.1% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹2,111.2
-9.9% MoS
PEG
1.44

Comparable companies

Peers

Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
FINCABLES
Large
Finolex Cables Limited
Electrical Equipment
match 86
36
26.1
12.3%
-2%
WATCHLIST
DIACABS
Micro
Diamond Power Infrastructure Limited
Electrical Equipment
match 80
34
115.0
—
-140%
WATCHLIST
VMARCIND
SME
V Marc India Ltd.
Electrical Equipment
match 75
56
40.5
41.2%
-12%
FAIR VALUE
DCG
SME
DCG Cables & Wires Ltd.
Electrical Equipment
match 74
51
15.5
10.4%
+62%
FAIR VALUE
PRIMECAB
SME
Prime Cable Industries Ltd.
Electrical Equipment
match 74
58
24.8
37.8%
+27%
FAIR VALUE

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Where growth can come from, and what can break the case

Thesis intactReviewed 2026-06-13T08:09:33.099Z
Management commentary snapshot

RR Kabel reported highest ever Q4 and FY26 revenue, up 33.7% YoY and 27.6% YoY respectively. Wires & Cables drove growth with 36.3% YoY in Q4. EBITDA and PAT also saw strong YoY growth, supported by operating leverage and cost management.

Management remains on track for 'Project RRise' targets of 18% W&C CAGR and 2.5x EBITDA growth by FY28, despite FMEG breakeven delay to FY27 and short-term export disruptions. Strong W&C performance and strategic capex support the long-term growth narrative.

Current business mix

Revenue by Segment (FY26)

Latest issuer-disclosed distribution across 2 reported categories.

Businessmix
Wires & Cables90.0%
FMEG10.0%
Growth engines

Wires & Cables Domestic Market

Domestic business showed healthy growth, supported by wide distribution network and strong brand equity.

Wires & Cables Export Market

Export growth remained encouraging despite Middle East disruption, benefiting from global presence and diversified market reach.

B2B Business Scaling

Company continues to focus on scaling its B2B business by strengthening availability and distribution, particularly in cables.

Cable Capacity Expansion

Planned capex is primarily focused on expanding cable capacity to support higher volumes and faster execution of orders.

Capacity and execution

Capex Program

INR1,200 crores capex program for FY26 to FY28 is progressing as planned, with INR300 crores invested in FY26.

Cable Capacity Expansion

Major expansion will occur in FY27. New capacity will enable production up to 220 KV cables, completed by FY28.

Capacity Addition Timeline

Management states that few capacities will be added every six months, not in one overnight big addition.

Tailwinds

Steady Domestic Demand

India continued to benefit from steady demand drivers led by infrastructure, housing, and industrial activity.

Supportive Industry Demand

Industry demand remains supportive, with domestic demand for wires and cables remaining healthy.

Strong Export Market

Export market continued to perform well, with export demand relatively stronger during the quarter.

Headwinds

Geopolitical Tensions

Heightened geopolitical tension created uncertainty in global trade conditions and volatility in input costs.

Input Cost Volatility

Raw material prices, particularly copper, aluminum, and PVC, remained volatile, adding pressure across the value chain.

Middle East Disruption

Disruption in the Middle East impacted exports, with a higher impact expected in Q1 FY27.

Competitive FMEG Market

FMEG segment market conditions remained competitive, with demand trends continuing to be selective.

Risk radar

Geopolitical Impact on Exports

Prolonging war in the Middle East may have a higher impact on Q1 FY27 sales, as physical sales were not possible in March/April.

Raw Material Price Volatility

Volatility in copper, aluminum, and PVC prices, along with currency movement and freight costs, adds pressure.

FMEG Profitability Delays

FMEG breakeven target shifted to FY27 due to lower-than-expected volumes and input cost impact in Q4 FY26.

Competition in W&C

New players are entering the industry, but management plans to tackle this through quality, business structure, and focus on exports/B2B.

Management accountability

What management said, and what results must prove

Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.

Analyst reading lens
Compare YOY

The company explicitly reports Q4 and full-year financial results with year-on-year growth percentages for revenue, EBITDA, PAT, and segment-wise performance, indicating YoY is the primary comparison basis.

Sector KPIs management disclosed

Total Revenue

Q4 FY26: INR2,964.1 crores, up 33.7% YoY. Full-year FY26: INR9,722.4 crores, up 27.6% YoY.

Wires & Cables Revenue

Q4 FY26: INR2,666.4 crores, up 36.3% YoY. Full-year FY26: INR8,763.7 crores, up 31% YoY.

FMEG Revenue

Q4 FY26: INR297.7 crores, up 13.8% YoY. Full-year FY26: INR958.6 crores, up 3% YoY.

Wires & Cables Volume Growth

Q4 FY26: ~10% (wires mid-single digit, cables high teens). Full-year FY26: ~16%.

Management forward view

Project RRise Targets

Management remains on track for 3-year roadmap targets: 18% CAGR in Wires & Cables, 25% CAGR in FMEG, and 2.5x EBITDA growth.

FMEG Breakeven Target

FMEG losses have reduced, and the company is now targeting to achieve breakeven in FY27.

Wires & Cables Margin Improvement

Management is confident of achieving 10.5% EBIT margins in the Wires & Cables segment by FY28.

Strategic Focus

Focus remains on strengthening W&C, improving margins through scale and better mix, and moving FMEG towards profitability.

Thesis monitor

Numbers and claims to verify in the next filings

CheckpointCurrent evidenceWhat to verify next
Wires & Cables Volume GrowthFY26: ~16%Achieving 16%-18% volume growth in FY27.
FMEG Revenue GrowthFY26: 3% YoYAchieving 20%-25% value growth in FMEG business in FY27.
FMEG BreakevenLosses reduced in FY26Achieving breakeven in FMEG segment in FY27.
Wires & Cables EBIT MarginImproved by 130 bps so farProgress towards 10.5% EBIT margins in W&C segment by FY28.

Verification checkpoints are IndiaPulse research interpretation, not investment advice.

Show extracted source claims
demand outlooknot yet verifiablequantified

The Indian Wires and Cables market size is projected to grow from INR 748 billion in FY23 to INR 1,200 billion by FY27P.

Timeframe: By FY27PDirection: increaseConfidence: high

"W&C Market Size (INR Bn) FY23 748, FY27P 1,200"

demand outlooknot yet verifiablequantified

The Indian Wires and Cables market size is projected to grow from INR 748 billion in FY23 to INR 1,200 billion by FY27P.

Timeframe: By FY27PDirection: increaseConfidence: high

"W&C Market Size (INR Bn) FY23 748, FY27P 1,200"

market share expansionnot yet verifiablequantified

The branded market share in the Wires and Cables segment is projected to increase from 72% in FY23 to 80% by FY27P.

Timeframe: By FY27PDirection: increaseConfidence: high

"Branded Market Share (FY23) 72%, Branded Market Share (FY27P) 80%"

market share expansionnot yet verifiablequantified

The branded market share in the Wires and Cables segment is projected to increase from 72% in FY23 to 80% by FY27P.

Timeframe: By FY27PDirection: increaseConfidence: high

"Branded Market Share (FY23) 72%, Branded Market Share (FY27P) 80%"

market share expansionnot yet verifiablequantified

Project KaRRma 1 aims to double market share and retail outreach in domestic house wires.

Direction: increaseConfidence: high

"Double market share and retail outreach in domestic house wires"

market share expansionnot yet verifiablequantified

Project KaRRma 1 aims to double market share and retail outreach in domestic house wires.

Direction: increaseConfidence: high

"Double market share and retail outreach in domestic house wires"

export growthnot yet verifiable

RR Kabel is well-positioned to benefit from the global shift to the China Plus 1 Policy.

Direction: increaseConfidence: high

"Well-positioned to benefit from the global shift to China Plus 1 Policy"

export growthnot yet verifiable

RR Kabel is well-positioned to benefit from the global shift to the China Plus 1 Policy.

Direction: increaseConfidence: high

"Well-positioned to benefit from the global shift to China Plus 1 Policy"

Trust Score
88Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 100th percentile of the scored universe and 100th percentile within Industrials. No major sub-score weakness stands out.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 21 Oct 2026
management-trust-v1
46 docs text-extracted · 21 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
100th percentile

overall median 67 · Industrials: 100th pctile, median 68 · Large: 99th pctile, median 73

Evidence depth
Financial-only

46 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

4 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
98
strong · capital discipline
Results
95
strong · quarterly consistency

Trust positives

  • ▸Promoter holding is 61.4%.
  • ▸Promoter pledge is zero.
  • ▸FCF yield is positive at 0.1%.
  • ▸6 years of positive FCF.

Trust risks

  • ▸No major Trust Lite risk flags.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

12 shown
AnnouncementSep 2026

Sep 2026 · Announcement under Regulation 30 (LODR)-Acquisition 25 Sep - R R Kabel executed BTA on 25 Sep 2026 to acquire UMCL’s business undertaking via slump sale.

Source: Bse

Open source ↗
AnnouncementSep 2026

Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Sep - R R Kabel schedules analyst/investor plant visit at Waghodia, Vadodara on 23 September 2026.

Source: Bse

Open source ↗
AnnouncementSep 2026

Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Sep - R R Kabel to meet analysts/investors on 28-29 September 2026 in Mumbai.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Press Release / Media Release 25 Sep - RR Kabel to acquire U M Cables’ optical fibre cable business for ₹77 crore.

Source: Bse

Open source ↗
Credit rating

Announcement under Regulation 30 (LODR)-Credit Rating 16 Sep - India Ratings upgraded R R Kabel’s facilities to IND AA/Stable/IND A1+ for ₹13,040 million; assigned same rating to ₹30,000 million.

Source: Bse

Open source ↗
Concall transcriptAug 2026

Aug 2026 · Transcript

Source: Bse

Open source ↗
Investor presentationAug 2026

Aug 2026 · PPT

Source: Bse

Open source ↗
AnnouncementAug 2026

Aug 2026 · Announcement under Regulation 30 (LODR)-Change in Management 11 Aug - Assistant Vice President–Procurement Vivek Dubey resigns effective 31 August 2026.

Source: Bse

Open source ↗
AnnouncementAug 2026

Aug 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 4 Aug - Enclosed herewith intimation of Analysts/investors meetings to be held on 12 August 2026, 13 August 2026 and 18 August 2026.

Source: Bse

Open source ↗
AnnouncementJul 2026

Jul 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1d - Q1 FY27 earnings conference call scheduled for 27 July 2026 at 4:30 p.m. IST.

Source: Bse

Open source ↗
AnnouncementJul 2026

Jul 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Jun - Enclosed herewith copy of the newspaper publication made today regarding the 32nd AGM of the Company scheduled to be held on Wednesday, 15 July 2026 …

Source: Bse

Open source ↗
AnnouncementJun 2026

Jun 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 27 Jul - Q1 FY27 revenue rose 54% to Rs 31,682 Mn; EBITDA doubled and PAT grew 129%.

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.