RRKABEL - R R KABEL LIMITED Share Price

Industrial Products

₹967.65-4.40(-0.45%)

Market Closed as of Apr 28, 2025, 15:30 IST

What does R R KABEL LIMITED do?

Cables - Electricals•Capital Goods•Small Cap

R R Kabel Limited manufactures and sells wires and cables, and fast-moving electrical goods (FMEG) in India and internationally. The company offers house wires, industrial wires, power cables, and special cables. It also provides FMEG products, such as fans, LED lighting, switches, switchgears, water heaters, and other appliances. Its products are used in residential, commercial, industrial, and infrastructure sectors. The company was formerly known as Ram Ratna Agro-Plast Limited and changed its name to R R Kabel Limited in November 2000. R R Kabel Limited was incorporated in 1995 and is based in Mumbai, India. R R Kabel Limited is a subsidiary of Ram Ratna Wires Limited.

Industry Group:Industrial Products

Employees:3,109

Website:www.rrkabel.com

Description	Share	Value
Wires & Cables	86.6%	1.5 kCr
Fast-Moving Electrical Goods	13.4%	239.6 Cr
Total		1.8 kCr

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: RRKABEL vs Industrial Products

Comprehensive comparison against sector averages

Comparative Metrics

RRKABEL metrics compared to Industrial

Category	RRKABEL	Industrial
PE	42.08	38.36
PS	1.52	2.93
Growth	NA %	13.1 %

Performance Comparison

RRKABEL vs Industrial (2024 - 2025)

Key Insights

1. RRKABEL is among the Top 5 Cables - Electricals companies by market cap.
2. The company holds a market share of 14.7% in Cables - Electricals.
3. null

Share Holdings

Understand R R KABEL ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
Mahendrakumar Kabra	8%
Tribhuvanprasad Rameshwarlal Kabra	6.1%
Hemant Kabra	5.35%
Mahhesh Kabra	5.19%
Kirtidevi Shreegopal Kabra	4.95%
ICICI Prudential Flexicap Fund	4.65%
Vvidhi Mahhesh Kabra	4.2%
Shreegopal Rameshwarlal Kabra	4.09%
Ram Ratna Research And Holdings Pvt Ltd	3.97%
Sarita Jhawar	3.88%
Rajesh Kabra	3.63%
Kabra Shreegopal Rameshwarlal Huf	3.5%
Government Pension Fund Global	3.22%
Asha Muchhal	2.93%
Esses Family Private Trust (Through Trustee Sumeet Kabra)	2.56%
Priti Saboo	2.37%
MEW Electricals Limited	1.98%
DSP Small Cap Fund	1.76%
Esses Shares Family Private Trust (Through Trustee Mahendrakumar Rameshwarlal Kabra)	1.46%
Mamta Ashok Loya	1.33%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Valuation
Market Cap	10.94 kCr
Price/Earnings (Trailing)	41.89
Price/Sales (Trailing)	1.52
EV/EBITDA	23.52
Price/Free Cashflow	115.27
MarketCap/EBT	32.08

Fundamentals
Revenue (TTM)	7.21 kCr
Rev. Growth (Yr)	9.1%
Rev. Growth (Qtr)	-1.2%
Earnings (TTM)	261.21 Cr
Earnings Growth (Yr)	-3.36%
Earnings Growth (Qtr)	38.45%

Profitability
Operating Margin	4.73%
EBT Margin	4.73%
Return on Equity	13%
Return on Assets	8.06%
Free Cashflow Yield	0.87%

Investor Care
Dividend Yield	0.88%
Dividend/Share (TTM)	8.5
Shares Dilution (1Y)	0.22%
Diluted EPS (TTM)	23.16

Financial Health
Current Ratio	1.9
Debt/Equity	0.2
Debt/Cashflow	0.83

Is R R KABEL Better than it's peers?

Detailed comparison of R R KABEL against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
HAVELLS	Havells IndiaConsumer Electronics	1 LCr	20.99 kCr	+5.28%	-1.86%	71.64	4.78	+15.14%	+18.43%
POLYCAB	Polycab IndiaCables - Electricals	84.21 kCr	21.23 kCr	+8.74%	+0.08%	45.16	3.97	+24.92%	+11.16%
KEI	KEI IndustriesCables - Electricals	28.66 kCr	9.19 kCr	+3.70%	-23.02%	44.91	3.12	+18.15%	+15.99%
FINCABLES	Finolex CablesCables - Electricals	13.37 kCr	5.32 kCr	-4.30%	-12.98%	19.23	2.51	+6.24%	+8.52%

Cash Flow for R R KABEL

Consolidated figures (in Rs. Crores) / View Standalone Data

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Standalone figures (in Rs. Crores) / View Consolidated Data

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Income Statement for R R KABEL

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-1.5%	1,782	1,810	1,808	1,754	1,634	1,610
Other Income	92.9%	13	7.22	19	19	12	15
Total Income	-1.2%	1,796	1,817	1,827	1,773	1,646	1,624
Cost of Materials	3%	1,391	1,350	1,546	1,340	1,148	1,257
Purchases of stock-in-trade	-2.3%	127	130	112	98	103	111
Employee Expense	2.3%	91	89	89	78	82	80
Finance costs	0%	16	16	12	13	12	14
Depreciation and Amortization	6.2%	18	17	16	16	16	17
Other expenses	10.7%	125	113	130	129	117	118
Total Expenses	-2.9%	1,706	1,757	1,741	1,668	1,550	1,520
Profit Before exceptional items and Tax	50.8%	90	60	86	105	96	105
Total profit before tax	50.8%	90	60	86	105	96	105
Current tax	78.6%	26	15	22	24	25	27
Deferred tax	12%	-4.59	-5.35	-0.03	3.02	0.13	3.58
Total tax	133.3%	22	10	22	27	25	31
Total profit (loss) for period	36.7%	68	50	64	78	71	74
Other comp. income net of taxes	-135.1%	-21.47	65	29	-9.19	4.03	-1.37
Total Comprehensive Income	-59.6%	47	115	93	69	75	73
Earnings Per Share, Basic	47.5%	6.03	4.41	5.66	7.01	6.35	6.65
Earnings Per Share, Diluted	47.9%	6.03	4.4	5.65	6.99	6.33	6.63

Description	(%) Q/Q	Mar-2024
Revenue From Operations	-	6,595
Other Income	-	63
Total Income	-	6,657
Cost of Materials	-	4,943
Purchases of stock-in-trade	-	404
Employee Expense	-	317
Finance costs	-	54
Depreciation and Amortization	-	65
Other expenses	-	467
Total Expenses	-	6,252
Profit Before exceptional items and Tax	-	405
Total profit before tax	-	405
Current tax	-	101
Deferred tax	-	7.05
Total tax	-	108
Total profit (loss) for period	-	297
Other comp. income net of taxes	-	23
Total Comprehensive Income	-	320
Earnings Per Share, Basic	-	26.52
Earnings Per Share, Diluted	-	26.48

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-1.5%	1,782	1,810	1,808	1,754	1,634	1,610
Other Income	92.9%	13	7.22	19	19	12	15
Total Income	-1.2%	1,796	1,817	1,827	1,773	1,646	1,624
Cost of Materials	3%	1,391	1,350	1,546	1,340	1,148	1,257
Purchases of stock-in-trade	-2.3%	127	130	112	98	103	111
Employee Expense	2.3%	91	89	89	78	82	80
Finance costs	0%	16	16	12	13	12	14
Depreciation and Amortization	6.2%	18	17	16	16	16	17
Other expenses	10.7%	125	113	130	129	117	118
Total Expenses	-2.9%	1,706	1,757	1,741	1,668	1,550	1,520
Profit Before exceptional items and Tax	50.8%	90	60	86	105	96	105
Exceptional items before tax	18%	0	-0.22	0	0.25	0	0.16
Total profit before tax	50.8%	90	60	86	106	96	105
Current tax	78.6%	26	15	22	24	25	27
Deferred tax	12%	-4.59	-5.35	-0.03	3.02	0.13	3.58
Total tax	133.3%	22	10	22	27	25	31
Total profit (loss) for period	38.8%	69	50	64	79	71	74
Other comp. income net of taxes	-134.4%	-21.03	65	28	-9.18	4.17	-1.46
Total Comprehensive Income	-58.4%	48	114	92	70	75	73
Earnings Per Share, Basic	49.6%	6.07	4.39	5.71	7.03	6.35	6.66
Earnings Per Share, Diluted	50%	6.07	4.38	5.69	7.02	6.34	6.65

Description	(%) Q/Q	Mar-2024
Revenue From Operations	-	6,595
Other Income	-	63
Total Income	-	6,657
Cost of Materials	-	4,943
Purchases of stock-in-trade	-	404
Employee Expense	-	317
Finance costs	-	54
Depreciation and Amortization	-	65
Other expenses	-	467
Total Expenses	-	6,252
Profit Before exceptional items and Tax	-	405
Exceptional items before tax	-	1.11
Total profit before tax	-	406
Current tax	-	101
Deferred tax	-	7.05
Total tax	-	108
Total profit (loss) for period	-	298
Other comp. income net of taxes	-	23
Total Comprehensive Income	-	321
Earnings Per Share, Basic	-	26.62
Earnings Per Share, Diluted	-	26.57

Balance Sheet for R R KABEL

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023
Cash and cash equivalents	-61.3%	32	81	13
Current investments	-3%	228	235	237
Loans, current	50%	0.88	0.76	0.51
Total current financial assets	1.4%	1,017	1,003	1,019
Inventories	13.5%	1,019	898	923
Total current assets	7.5%	2,145	1,995	2,075
Property, plant and equipment	23.4%	575	466	463
Capital work-in-progress	-20.9%	130	164	71
Non-current investments	110.9%	214	102	92
Loans, non-current	-9.5%	0.08	0.16	0.15
Total non-current financial assets	104.7%	218	107	98
Total non-current assets	25.7%	1,093	870	756
Total assets	13%	3,238	2,865	2,831
Total non-current financial liabilities	-11.3%	56	63	66
Provisions, non-current	40%	15	11	20
Total non-current liabilities	6.1%	105	99	107
Borrowings, current	41.3%	408	289	369
Total current financial liabilities	21.2%	1,018	840	913
Provisions, current	12.5%	28	25	21
Current tax liabilities	-15.7%	1.59	1.7	9.82
Total current liabilities	19.7%	1,127	942	1,010
Total liabilities	18.4%	1,232	1,041	1,117
Equity share capital	1.8%	57	56	56
Total equity	10%	2,006	1,824	1,714
Total equity and liabilities	13%	3,238	2,865	2,831

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023
Cash and cash equivalents	-61.3%	32	81	13
Current investments	-3%	228	235	237
Loans, current	50%	0.88	0.76	0.51
Total current financial assets	1.4%	1,017	1,003	1,019
Inventories	13.5%	1,019	898	923
Total current assets	7.5%	2,145	1,995	2,075
Property, plant and equipment	23.4%	575	466	463
Capital work-in-progress	-20.9%	130	164	71
Non-current investments	131.8%	198	86	92
Loans, non-current	-9.5%	0.08	0.16	0.15
Total non-current financial assets	123.3%	202	91	98
Total non-current assets	25.4%	1,096	874	760
Total assets	13%	3,241	2,869	2,835
Total non-current financial liabilities	-11.3%	56	63	66
Provisions, non-current	40%	15	11	20
Total non-current liabilities	6.1%	105	99	107
Borrowings, current	41.3%	408	289	369
Total current financial liabilities	21.2%	1,018	840	913
Provisions, current	12.5%	28	25	21
Current tax liabilities	-15.7%	1.59	1.7	9.82
Total current liabilities	19.7%	1,127	942	1,010
Total liabilities	18.4%	1,232	1,041	1,117
Equity share capital	1.8%	57	56	56
Total equity	9.9%	2,009	1,828	1,718
Total equity and liabilities	13%	3,241	2,869	2,835

Summary of Latest Earnings Report from R R KABEL

Summary of R R KABEL's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Earnings Outlook

Last updated: Feb 25

Management Outlook:
R R Kabel Limited anticipates robust growth driven by resilient domestic demand, strategic expansions, and recovery in exports. Key highlights include:

Growth Targets:
- Aiming for 10"“12% volume growth in FY25 (15% expected in Q4), supported by infrastructure/housing boosts and government spending.
- Cable segment (20% volume growth YTD) to drive revenue, targeting 30"“35% contribution.
Margin Improvement:
- Goal to achieve double-digit EBITDA margins (8% in Q4 for cables/wires) via cost efficiency, premiumization, and stabilizing commodity prices.
FMEG Segment:
- 25% revenue growth YTD; breakeven targeted by early FY26. Fans remain the largest contributor (~45% of FMEG revenue).
Exports:
- 11% YoY growth in Q3 despite geopolitical/logistical challenges. Focus on certifications (Europe/U.S.) and high-margin cables to expand global footprint.
Capex & Expansion:
- INR 1,200 crore capex over 3 years to add INR 4,000"“4,500 crore annual revenue. Capacity additions (cables) to address supply shortages in power/solar sectors.
Commodity Prices:
- Sequential margin recovery as copper stabilizes; operational efficiency to mitigate volatility risks.
Domestic Demand:
- Steady wires/cables growth (B2C brand strength); organized sector gaining market share post-GST.

Key Risks: Short-term export disruptions, competitive pressures in wires, and commodity price swings. Long-term optimism hinges on infrastructure investments and premium product mix.

Q&A Session

Last updated: Feb 25

Question 1: What were the volume growth figures for 9M FY25, and is the 10-12% annual target achievable with 15% growth in Q4?
Rajesh Jain stated 9M FY25 volume growth was ~6%, with a 15% Q4 target achievable due to improved demand in wires and cables. Sequential margin recovery and commodity price stabilization support this outlook.

Question 2: How is capex allocation progressing, and what is its impact on cable segment growth?
Capex of Rs.500 crore (FY24-25) is on track, with expansions largely completing by March 2025. Cable revenue contribution is rising (9M growth: ~20%), driven by new capacities and higher-margin exports. A Rs.1,200 crore capex plan for FY26-28 aims to add Rs.4,000"“4,500 crore annual revenue.

Question 3: What is the export outlook amid Red Sea disruptions and geopolitical challenges?
Export revenue grew 11% YoY in Q3 despite headwinds. Demand recovery is expected in Q4 as logistics stabilize and certifications (e.g., U.S., Europe) enhance global reach. Europe contributes >50% of exports; U.S. accounts for ~10%.

Question 4: What drove domestic wire volume decline (-1.9%) in 9M FY25?
Weak H1 FY25 demand due to copper price volatility and channel inventory adjustments impacted wire volumes. Recovery is anticipated in Q4 with improved demand and government infrastructure spending.

Question 5: How is the FMEG segment performing, and when will it breakeven?
FMEG revenue grew ~25% YoY in 9M FY25, led by fans (45% of segment revenue). Losses narrowed due to cost optimization and premiumization. Breakeven (EBITDA-level) is targeted by Q1 FY26.

Question 6: How will double-digit EBITDA margins be achieved?
Margin improvement will stem from higher cable sales (target: 35% of revenue), premium exports, operational efficiency, and scale benefits. Wire and cable margins aim for 8% in Q4, with company-level double-digit targets by FY28.

Question 7: Is industry wire overcapacity a risk?
Wire demand is brand-driven, with organized players gaining share post-GST. Near-term risks exist, but cable growth (e.g., solar, infrastructure) and export diversification mitigate reliance on domestic wires.

Question 8: What is the capacity utilization across segments?
Wire utilization is 65-70%, while cables operate at 90-95%. New capacities (Q4 FY25) will ease constraints, supporting volume growth.

Question 9: How did copper volatility impact margins vs. peers?
Sharp H1 copper price swings delayed price pass-through, temporarily affecting margins. Stability in Q3-Q4 allowed sequential recovery, with margins expected to normalize.

Question 10: What is the FMEG product mix and capex plan?
FMEG revenue: 45% fans, 32% lighting, 23% appliances/switches. Capex is minimal (~Rs.25 crore annually), as 2/3 of products are outsourced. Premiumization and distribution expansion drive growth.

RRKABEL - R R KABEL LIMITED Share Price

What does R R KABEL LIMITED do?

Revenue Breakdown

Sector Comparison: RRKABEL vs Industrial Products

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Investor Care

Financial Health

Is R R KABEL Better than it's peers?

Cash Flow for R R KABEL

Income Statement for R R KABEL

Balance Sheet for R R KABEL

Summary of Latest Earnings Report from R R KABEL