Orient Cables (India) Limited announced its highest-ever quarterly and half-yearly financial results for the period ending September 30, 2026. The company reported a significant increase in revenue, which doubled to ₹1,018.0 Crore for the half-year (H1 FY27), and EBITDA grew by a substantial 155% YoY. This performance was driven by strong business momentum, a diversified product portfolio, and improved operational efficiencies.
Orient Cables Achieves Record Financial Performance
Orient Cables (India) Limited has announced its unaudited financial results for the second quarter (Q2 FY27) and the first half (H1 FY27) of the financial year, ending September 30, 2026. The company has reported its highest-ever quarterly and half-yearly performance across key financial parameters, marking a period of significant growth and profitability.
Standalone Financial Highlights (Q2 & H1 FY27)
On a standalone basis, Orient Cables achieved substantial revenue growth. Revenue for Q2 FY27 surged by 107% year-on-year to ₹528.8 Crore. For the first half of the fiscal year, H1 FY27 revenue increased by 103% year-on-year, reaching ₹1,018.0 Crore. This robust performance was attributed to sustained business momentum, a diversified product portfolio, increased contribution from the Renewable Energy segment (E-Beam), strong export performance, and improved capacity utilization at its Bengaluru facility. Exports saw a notable increase of approximately 32% quarter-on-quarter and 82% year-on-year in Q2 FY27, and 57% in H1 FY27 compared to H1 FY26. Volume growth for H1 FY27 stood at approximately 60% year-on-year.
EBITDA for the quarter grew by an impressive 158% year-on-year, reaching ₹63.6 Crore, with EBITDA margins expanding by 230 basis points to 12.0%. For H1 FY27, EBITDA grew by 155% year-on-year to ₹119.2 Crore, while EBITDA margins improved by 240 basis points year-on-year to 11.7%. This enhancement in profitability was supported by a favourable product mix, operating leverage, and improved operational efficiencies. Profit after tax for Q2 FY27 stood at ₹40.1 Crore, a growth of 180% year-on-year. For H1 FY27, profit after tax increased to ₹73.7 Crore, representing a robust growth of 194% year-on-year.
Consolidated Financial Highlights (Q2FY27)
On a consolidated basis, revenue for Q2 FY27 reached ₹529.3 Crore, showing an 8% growth quarter-on-quarter. For H1 FY27, consolidated revenue stood at ₹1,018.5 Crore. Consolidated EBITDA for Q2 FY27 increased by 15% quarter-on-quarter to ₹63.3 Crore, with EBITDA margins at 12.0%. For H1 FY27, consolidated EBITDA was ₹118.2 Crore with margins at 11.6%. Profit After Tax (PAT) for Q2 FY27 grew by 21% quarter-on-quarter to ₹39.5 Crore, while PAT for H1 FY27 stood at ₹72.3 Crore.
Key Business Developments
The company is actively expanding its manufacturing capabilities with an 11-acre facility being set up in Bhiwadi, Rajasthan, with civil construction progressing well and expected completion by H1 FY28. Orient Cables is also scaling up new business segments, including EV charging guns and cables, having secured orders from leading automotive OEMs. Capacity utilization in this segment is expected to reach full utilization from Q4 FY27. The company continues to grow its customer base in the E-Beam Cables segment for Renewables and Railways. Furthermore, a strategic 50:50 joint venture, CoreLink Cable Technology Private Limited, has been established with Aditya Infotech to manufacture LAN cables and other allied products, with commercial production expected from Q4 FY27.
Outlook
The Chairman & Managing Director, Mr. Vipul Nagpal, expressed satisfaction with the record performance, citing robust revenue growth, improved profitability, and healthy margin expansion. He highlighted the company’s strong position in networking cables and its diversification into high-growth areas like E-Beam cables and EV charging solutions. The company anticipates momentum to continue in Q4 FY27, with absolute performance for H2 FY27 expected to be in line with H1 FY27. Key priorities include ramping up the new Bhiwadi facility, expanding presence in emerging product segments, and leveraging the joint venture, all aimed at strengthening the growth trajectory and creating sustainable long-term value.
Source: BSE
