Slides
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Investor Presentation October 2026
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Safe Harbor 2 This presentation and the accompanying slides (the “Presentation”), which have been prepared by R R Kabel Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cashflows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. All Maps used in the presentation are not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness
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3 Q2 FY27 – Results
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R R Kabel Records Highest Ever Half Yearly Revenue, Operating EBITDA & PAT 21,638 31,682 32,840 42,223 64,522 Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 52% 53% Revenue from Operations Operating EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) INR in Mn 1,761 2,852 2,862 3,191 5,714 Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 +63% 79% 1,163 2,052 1,806 2,060 3,858 Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 55% 87% Revenue: ✓ Delivered highest-ever half-yearly revenue with 53% YoY growth, supported by strong growth across domestic and export markets and higher realizations. Operating EBITDA & PAT: ✓ H1 FY27 Operating EBITDA and PAT grew by 79% YoY and 87% YoY , respectively, with margin expansion of 130 bps and 110 bps, driven by higher gross profits, operating leverage and improved cost efficiencies. 4 8.1% 9.0% 8.7% 7.6% 8.9% 5.4% 5.5%6.5% 6.0%4.9%
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Wires & Cables – Record Growth, Stronger Margins 5 Revenue from Operations Segment Profit before Tax and Interest % Margin Revenue: ✓ H1 FY27 continues to outperform with 55% YoY revenue growth, supported by volume growth along with higher realizations. Segment profit: ✓ H1 FY27 segment profit grew by 78% YoY , with margins expanding by 124 bps, driven by higher gross profit, operating leverage, disciplined commodity management and improved cost absorption. 19,712 28,800 30,103 38,047 58,903 Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 53% 55% 1,804 2,854 2,824 3,195 5,678 Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 57% 78% 9.9% 9.4%9.2% INR in Mn INR in Mn 8.4% 9.6%
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FMEG – Building Scale 6 25 Revenue: ✓ Strong revenue growth across categories, led by robust performance in appliances and contribution from new products. Segment profit: ✓ H1 FY27 segment loss margin narrowed to 2.2% from 4.5% YoY , driven by revenue growth and cost efficiencies, with a target of achieving full-year operating breakeven in FY27. % Margin -4.5% 1,926 2,882 2,737 4,177 5,619 Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 42% 35% -117 -124 -188 -124 Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 0 0.0%-6.1% INR in Mn INR in Mn Revenue from Operations Segment Profit before Tax and Interest -2.2%-4.5%
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Operational Highlights 7 Working Capital Management (in Days) 60 56 64 69 34 35 34 3230 35 49 55 Mar-24 Mar-25 Mar-26 Sep-26 Inventory Debtors Creditors 64 56 49 46 Q2 FY27 Revenue-Mix (Domestic Vs Exports) 73% 27% Q2FY26 71% 29% Q1FY27 68% 32% Q2FY27 92% 8% Q2 FY27 Revenue-Mix (Business Segment) 72% 28% H1FY26 70% 30% H1FY27 Domestic Export H1 FY27 Revenue-Mix (Business Segment) H1 FY27 Revenue-Mix (Domestic Vs Exports) 91% 9% W&C FMEG Working Capital Days
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Consolidated Profit & Loss Statement – Q2 & H1 FY27 8 Particulars (Rs. in Mn) Q2FY27 Q2FY26 YoY Q1FY27 QoQ H1FY27 H1FY26 YoY Revenue From Operations 32,840 21,638 52% 31,682 4% 64,522 42,223 53% Cost of Materials Consumed 26,162 17,833 25,953 52,115 34,231 Purchase of stock in trade 1,847 1,142 1,543 3,390 2,202 Change in Inventories of Finished goods & Work in Progress (1,062) (1,421) (1,686) (2,748) (2,037) Gross Profit 5,893 4,084 44% 5,872 0% 11,765 7,826 50% GP% 17.9% 18.9% 18.5% 18.2% 18.5% Employee Benefits Expense 1,278 1,012 1,289 2,567 1,943 Other Expenses 1,779 1,314 1,752 3,531 2,705 Share of profit of joint venture (net of tax) 26 3 21 47 13 EBITDA 2,862 1,761 63% 2,852 0% 5,714 3,191 79% EBITDA % 8.7% 8.1% 9.0% 8.9% 7.6% Other Income 193 169 329 522 293 Depreciation and Amortization Expense 307 219 296 603 422 EBIT 2,748 1,711 61% 2,885 -5% 5,633 3,062 84% Finance Costs 326 162 263 589 314 Exceptional Items - - (138) (138) - Profit Before Tax 2,422 1,549 56% 2,760 -12% 5,182 2,749 89% Tax Expenses 616 386 708 1,324 689 Profit for the year 1,806 1,163 55% 2,052 -12% 3,858 2,060 87% PAT % 5.5% 5.4% 6.5% 6.0% 4.9% EPS 15.97 10.28 18.14 34.11 18.22
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Consolidated Balance Sheet 9 Particulars (Rs. in Mn) Sep'26 Mar' 26 Equity Share Capital 566 566 Other Equity 29,815 25,178 Total Equity 30,381 25,744 Financial Liabilities (i) Borrowings 2,431 10 (ii) Lease Liabilities 831 870 Provisions 316 353 Deferred Tax Liabilities (net) 748 401 Total Non-Current Liabilities 4,326 1,634 Financial Liabilities (i) Borrowings 2,303 2,313 (ii) Lease Liabilities 207 177 (iii) Trade Payables (a) Total outstanding dues of micro enterprises and small enterprises 156 152 (b) Total outstanding dues of creditors other than micro enterprises 17,954 13,490 (iv) Other Financial Liabilities 1,146 1,178 Other Current Liabilities 1,194 1,145 Provisions 232 198 Income tax liabilities (net) 150 183 Total Current Liabilities 23,342 18,836 Total Equity & Liabilities 58,049 46,214 Particulars (Rs. in Mn) Sep'26 Mar' 26 Property, Plant and Equipment 11,027 10,720 Capital work-in-progress 1,855 722 Right of use Assets 972 1,005 Intangible Assets 2 2 Investment accounted for using equity method 341 286 Financial Assets (i) Investments 3,422 1,767 (ii) Other Financial Assets 68 65 (iii) Loan 1 1 Income Tax Assets (net) 102 64 Other Non-Current Assets 1,429 487 Total Non-Current Asset 19,219 15,118 Inventories 22,237 17,706 Financial Assets (i) Investments 200 501 (ii) Trade Receivables 12,791 9,981 (iii) Cash and Cash Equivalents 189 855 (iv) Bank Balances other than (iii) above 72 52 (v) Loans 7 6 (vi) Other Financial Assets 724 86 Other Current Assets 2,610 1,909 Total Current Asset 38,830 31,096 Total Assets 58,049 46,214
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Consolidated Cashflow Statement 10 Particulars (Rs. in Mn) Sep-26 Sep-25 Profit Before Tax 5,182 2,749 Adjustments for Non-Operating Items 940 707 Operating Profit before Working Capital Changes 6,122 3,456 Changes in Working Capital (3,630) (4,118) Cash generated from Operations 2,492 (662) Less: Direct taxes paid (1,278) (635) Net Cash from Operating Activities 1,214 (1,297) Net Cash from Investing Activities (2,970) (1,013) Net Cash from Financing Activities 1,090 265 Net increase/ (decrease) in Cash and Cash equivalents (666) (2,045) Add: Cash and cash equivalents as at the beginning of the year 855 2,157 Cash and cash equivalents as at the end of the year 189 112
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11 Annexure
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Performance in Charts 12 55,992 65,946 76,182 97,224 FY23 FY24 FY25 FY26 20.2% Revenues EBITDA & EBITDA % PAT & PAT % 3,233 4,628 4,877 7,702 FY23 FY24 FY25 FY26 33.6% 1,899 2,981 3,116 4,922 FY23 FY24 FY25 FY26 37.4% RoCE (%) RoE (%) Debt to Equity (x) 0.4 0.2 0.1 0.1 FY23 FY24 FY25 FY26 INR in Mn 5.8 % 7.0% 6.4% 3.4% 4.5% 4.1%7.9% 5.1% FY23 FY24 FY25 FY26 14.2% 18.3% 15.7% 20.8% FY23 FY24 FY25 FY26 15.3% 21.5% 19.5% 25.8%
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Historical Consolidated Profit & Loss Statement 13 Particulars (INR. Mn) FY26 FY25 FY24 FY23 Revenue from Operations 97,224 76,182 65,946 55,992 Cost of Materials Consumed 82,216 58,368 49,426 43,698 Purchase of stock in trade 4,600 4,953 4,036 3,689 Changes in Inventories of Finished Goods and Work in Progress (7,493) (771) 27 (1,629) Gross Profit 17,901 13,632 12,457 10,234 GP % 18.4% 17.9% 18.9% 18.3% Employee Benefits Expense 4,193 3,485 3,169 2,642 Other Expenses 6,059 5,292 4,671 4,370 Share of Profit of Joint Venture (net of tax) 53 21 11 9 EBITDA 7,702 4,876 4,628 3,231 EBITDA % 7.9% 6.4% 7.0% 5.8% Other Income 564 511 626 344 Depreciation and Amortisation Expense 923 705 655 596 EBIT 7,343 4,682 4,599 2,979 Finance Costs 753 589 539 421 Less: Exceptional Items 0 0 0 0 PBT 6,590 4,093 4,060 2,558 Tax Expense 1,668 978 1,080 661 Profit for the year 4,922 3,115 2,980 1,897 PAT % 5.1% 4.1% 4.5% 3.4%
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Historical Balance Sheet 14 EQUITY & LIABILITIES (INR. Mn) FY26 FY25 FY24 FY23 Equity Share Capital 565 565 564 478 Instrument entirely equity in nature 0 0 0 4,152 Other Equity 25,178 20,961 17,721 9,567 Total Equity 25,743 21,526 18,285 14,197 Financial Liabilities (i)Borrowings 10 0 0 269 (ii) Lease liabilities 871 568 606 564 (iii) Other Financial Liabilities 0 0.0 22 21 Provisions 353 152 111 141 Other Non-Current Liabilities 0 0 0 0 Deferred Tax Liabilities (Net) 401 302 247 149 Total Non-Current Liabilities 1,635 1,022 986 1,144 Financial Liabilities (i) Borrowings 2,313 2,220 2,889 4,890 (ii) Lease liabilities 177 113 104 82 (iii) Trade payables (a) Total outstanding dues of micro enterprises and small enterprises 152 175 173 459 (b) Total outstanding dues of creditors other than micro enterprise and small e enterprise 13,490 7,448 4,120 3,942 (iv) Other Financial Liabilities 1,178 1,276 1,115 378 Other Current Liabilities 1,145 1,096 757 959 Provisions 198 191 247 222 Income Tax Liabilities (Net) 183 102 17 64 Total Current Liabilities 18,836 12,621 9,422 10,996 TOTAL EQUITY & LIABILITIES 46,214 35,169 28,693 26,336 ASSETS (INR. Mn) FY26 FY25 FY24 FY23 Property, plant and equipment 10,720 7,076 4,661 4,488 Capital work‐in‐progress 722 2,347 1,636 436 Right -of- use Assets 1,005 610 662 618 Intangible Assets 2 4 23 65 Investment accounted for using equity method 286 210 205 196 Financial Assets (i) Investments 1,767 1,657 859 581 (ii) Other Financial Assets 65 36 45 36 (iii) Loan 1 1 2 3 Income Tax Assets (Net) 64 44 27 118 Other non‐current assets 488 658 620 333 Total Non ‐ Current Assets 15,120 12,643 8,740 6,874 Inventories 17,705 10,110 8,978 8,602 Financial Assets (i) Investments 501 524 2,350 2,849 (ii) Trade receivables 9,980 8,232 6,412 5,920 (iii) Cash and cash equivalents 855 2,157 815 310 (iv) Bank balances other than cash and r cash equivalents 52 112 173 500 (v) Loans 6 8 8 1 (vi) Other Financial assets 86 322 272 90 Other current assets 1,909 1,061 945 1,190 Total Current Assets 31,094 22,526 19,953 19,462 TOTAL ASSETS 46,214 35,169 28,693 26,336
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Consolidated Cash Flow Statement 15 Particulars (INR. Mn) FY26 FY25 FY24 FY23 Profit before Tax 6,590 4,095 4,061 2,560 Adjustment for Non-Operating Items 1,790 1,158 935 1,026 Operating Profit before Working Capital Changes 8,380 5,253 4,996 3586 Changes in Working Capital (3,900) 656 (641) 1,534 Cash Generated from Operations 4,480 5,909 4,355 5,120 Less: Direct Taxes paid (1,528) (965) (965) (582) Net Cash from Operating Activities 2,952 4,944 3,390 4,538 Cash Flow from Investing Activities (2,634) (1,690) (835) (3,335) Cash Flow from Financing Activities (1,620) (1,912) (2,050) (1,015) Net increase/ (decrease) in Cash & Cash equivalent (1,302) 1,342 505 188 Add: Cash and cash equivalents as at 1st April 2,157 815 310 123 Cash and cash equivalents as at 31st March 855 2,157 815 311
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Thank You R R Kabel Limited CIN: L28997MH1995PLC085294 Name – Pratik Agarwal Title – GM – Corporate Affairs & Investor Relations Email – investorrelations.rrkl@rrglobal.com Mr. Irfan Raeen +91 9773 778669 irfan.raeen@in.mpms.mufg.com Mr. Chirag Bhatiya +91 81047 78836 chirag.bhatiya@in.mpms.mufg.com MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services Investor Relations Advisors :