Electrical Equipment & Products company R R Kabel announced Q4FY24 results: Revenue from Operations: Rs 1,754.1 crore, up by 15.7% YoY Operating EBITDA: Rs 115.5 crore, Margin 6.6% Profit Before Tax (PBT): Rs 105.7 crore, up by 19.8% YoY Profit After Tax (PAT): Rs 78.7 crore, Margin 4.5% Commenting on the Results, Shreegopal Kabra, MD said, - “With great pride, R R Kabel announces its highestever revenue, EBITDA, and PAT for FY24, driven by robust volume growth. Positioned as the 4th largest player in the wire and cable industry by value, our strong presence in housing wire and focus on infrastructure development contribute to our success. Additionally, strategic emphasis on power cables and exploration of emerging sectors ensure sustainable growth. Supported by sustained demand in real estate, infrastructure, construction, and utilities sectors, our performance aligns with economic trends. We remain dedicated to delivering value to investors through strategic initiatives and market positioning.” Result PDF
Electrical Equipment/Products company R R Kabel announced Q3FY24 & 9MFY24 results: Revenue from Operations: - Q3FY24: Rs 1,633.5 crore, a 10.4% YoY increase from Q3FY23's revenue of Rs 1,479.5 crore. - 9MFY24: Rs 4,840.5 crore, an 18.6% increase YoY from 9MFY23's revenue of Rs 4,082.7 crore. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): - Q3FY24: Rs 112.6 crore with a margin of 6.9%, a decrease of 5.8% from Q3FY23's EBITDA of Rs 119.6 crore with a margin of 8.1%. - 9MFY24: Rs 347.3 crore with a margin of 7.2%, a significant increase of 56.3% from 9MFY23's EBITDA of Rs 222.2 crore with a margin of 5.4%. Profit Before Tax (PBT): - Q3FY24: Rs 95.9 crore, a slight increase of 0.6% from Q3FY23's PBT of Rs 95.3 crore. - 9MFY24: Rs 300.4 crore, an increase of 79.1% from 9MFY23's PAT of Rs 167.7 crore. Profit After Tax (PAT): - Q3FY24: Rs 71.0 crore with a margin of 4.3%, slightly lower by 0.7% from Q3FY23's PAT of Rs 71.4 crore with a margin of 4.8%. - 9MFY24: Rs 219.4 crore with a margin of 4.5%, a robust increase of 76.1% from 9MFY23's PAT of Rs 124.6 crore with a margin of 3.1%. Operational Highlights: - W&C; (Wires & Cables) segment registered approximately 18.4% growth in 9MFY24 compared to 9MFY23. - Revenue from the FMEG (Fast Moving Electrical Goods) segment grew around 19.7% in 9MFY24 compared to 9MFY23. Shreegopal Kabra, MD of RR Kabel, commented, "RR Kabel has experienced a promising performance marked by robust sales growth, surpassing industry standards. With a significant presence in the construction and real estate sectors, we are well-aligned with the notable upswing, particularly in the wire and cable industry. The thriving trends in construction, fueled by a housing boom, further underscore the favorable outlook for RR Kabel in the coming years." Result PDF
Conference Call with R R Kabel Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript.