Prime Cable Industries Stock Soars 18% After Q2 FY26 Results
Prime Cable Industries Limited's stock surged 18% to a 52-week high after the company reported a 123% YoY increase in PAT for H1 FY26. The company's robust performance is driven by strong demand from PSUs and industrial customers.
Prime CableLowvoltage CablesFinancial ResultsStock MarketH1 Fy26Real EstateNov 03, 2025
At 11:36 a.m., the shares were trading at Rs. 118.45 on NSE, up by around 13.3 percent compared to its previous closing price of Rs. 104.55. The company’s market cap stood at Rs. 217 crores.
Prime Cable Industries Limited announced the financial results for the first half of FY26 (H1 FY26) on Friday after market hours, as per the latest regulatory filings with the NSE. During the first half of FY26, the company delivered strong operational and financial performance, driven by robust demand from PSUs and industrial customers.
Revenue from operations stood at Rs. 90.7 crores, reflecting a year-on-year growth of around 62 percent compared to Rs. 56 crores in H1 FY25, supported by higher order volumes and improved product mix. EBITDA increased by 84.4 percent YoY to Rs. 9.7 crores, with the EBITDA margin expanding by 131 basis points to 10.72 percent from 9.41 percent a year earlier, reflecting improved efficiencies and better capacity utilization.
Profit After Tax (PAT) more than doubled to Rs. 5.5 crores, indicating a rise of around 123 percent YoY from Rs. 2.4 crores in H1 FY25. The PAT margin improved by 166 basis points to 6.04 percent, underscoring the company’s focus on value-added cable segments, operational discipline, and customer diversification.
Prime Cable Industries Limited is an indigenous manufacturer of high-quality low-voltage cables and wires, with a comprehensive portfolio including control cables, power cables, aerial bunch cables, instrumentation cables, house/building wires, and conductors. It supplies mission-critical products to State Electricity Boards, Public Sector Undertakings (PSUs), EPC contractors, and industries like oil & gas, mining, steel, real estate, and electric panel manufacturing.
Prime Cable operates through two advanced ISO and BIS-certified manufacturing facilities. Unit I in Narela, Delhi, specializes in wires and cables with an annual installed capacity of 11,000 km of cables and 5,000 km of wires. Unit II in Ghiloth, Rajasthan, is a high-capacity plant producing 16,000 km of cables and 5,000 km of wires annually.
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Frequently Asked Questions
What is Prime Cable Industries Limited?
Prime Cable Industries Limited is an indigenous manufacturer of high-quality low-voltage cables and wires. The company offers a comprehensive portfolio including control cables, power cables, and house/building wires, among others.
What was the percentage increase in revenue for H1 FY26?
Prime Cable Industries Limited reported a 62 percent year-on-year increase in revenue for H1 FY26, with revenue from operations standing at Rs. 90.7 crores.
How much did the EBITDA increase for H1 FY26?
EBITDA for H1 FY26 increased by 84.4 percent year-on-year to Rs. 9.7 crores, with the EBITDA margin expanding by 131 basis points to 10.72 percent.
What was the PAT for H1 FY26, and how much did it increase?
Profit After Tax (PAT) for H1 FY26 more than doubled to Rs. 5.5 crores, indicating a rise of around 123 percent year-on-year from Rs. 2.4 crores in H1 FY25.
Where are Prime Cable Industries' manufacturing facilities located?
Prime Cable Industries operates through two advanced ISO and BIS-certified manufacturing facilities. Unit I is located in Narela, Delhi, and Unit II is in Ghiloth, Rajasthan.
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