R R Kabel (RRKABEL) Q4 21/22 earnings summary

Executive summary

• FY22 was described as one of the strongest years in recent periods: standalone operating revenue rose 62% YoY to ₹438,594 lakh, EBITDA increased 38% to ₹34,953 lakh and PAT grew 57% to ₹20,974 lakh.

• Growth reflected higher volumes and steep copper and aluminium price increases; the business also expanded its building-wire reach and continued investing in manufacturing, systems and consumer electricals.

Financial highlights

• Standalone revenue from operations was ₹438,594 lakh vs ₹271,594 lakh; total revenue was ₹443,222 lakh vs ₹273,794 lakh in FY21.

• Standalone operating profit before finance costs, depreciation, tax and extraordinary items was ₹34,953 lakh vs ₹25,214 lakh; PAT was ₹20,974 lakh vs ₹13,430 lakh.

• Consolidated revenue from operations was ₹438,594 lakh; consolidated PAT was ₹21,393 lakh vs ₹13,540 lakh, including ₹420 lakh share of JV profit.

• Standalone operating cash flow was ₹9,817 lakh, compared with ₹7,106 lakh used in FY21; investing cash outflow was ₹6,266 lakh.

Outlook and guidance

• Management expressed confidence in future growth, citing the Luminous Home Electrical acquisition, ongoing capacity expansion and sustainability initiatives; no numerical forward guidance was stated.

• Product development priorities include fire-safety products, HT cables, EV applications and green energy; capacity and testing capabilities are being expanded, including an E-Beam plant.

• Project KaRRma expanded pan-India to build building-wire market share, alongside influencer and retailer loyalty programs, rural outreach and local digital marketing.