R R Kabel (RRKABEL) Q4 24/25 earnings summary

Executive summary

• Achieved record quarterly and annual revenue in Q4 and FY25, with highest-ever EBITDA margins and strong recovery, driven by substantial volume growth in both Wires & Cables (W&C) and FMEG segments.

• Operational efficiency and improved contribution margins led to significant growth in EBITDA and PAT both sequentially and year-over-year.

• Audited standalone and consolidated financial results for FY25 were approved, with statutory auditors issuing unmodified opinions.

• Enhanced brand visibility through principal sports sponsorships, supporting growth and market reach.

• Declared a final dividend of ₹3.50 per share, in addition to an interim dividend of ₹2.50 per share, subject to shareholder approval.

Financial highlights

• Q4 FY25 revenue: ₹2,218 crores, up 26.4% YoY; FY25 revenue: ₹7,618 crores, up 15.5% YoY.

• Q4 EBITDA: ₹196 crores, up 69.4% YoY, with margin at 8.8% (highest in company history); FY25 EBITDA: ₹488 crores, up 5.4%.

• FY25 PAT: ₹312 crores, up 4.5% YoY; Q4 PAT: ₹129 crores, up 64% YoY.

• Basic EPS (consolidated) for FY25 was ₹27.58.

• Working capital cycle improved to 56 days in FY25 from 88 days in FY22.

Outlook and guidance

• Project RISE/RRISE targets 18% CAGR in W&C revenue and 25% CAGR in FMEG revenue over the next three years, aiming for 2.5x EBITDA growth.

• Expecting double-digit EBITDA margins (10.5%) by FY28, with annual sequential improvement of 100 basis points.

• Focus on organic growth, premiumization, and entry into new markets and product categories.