Vidya Wires Limited reported healthy consolidated revenue from operations of 5,987.81 million rupees and net profit of 196.12 million rupees for the March 2026 quarter, reflecting strong operational momentum, improved margins, and disciplined cost management in Q4 FY26.
Vidya Wires Limited, a leading manufacturer of insulated copper conductors, has announced its audited standalone and consolidated financial results for the quarter and year ended 31 March 2026. The Board also noted unmodified audit opinions and key corporate developments, including a change in the Company Secretary and Compliance Officer.
Operational And Financial Performance
Consolidated total income for Q4 FY26 stood at 6,027.13 million rupees, with total expenses at 5,758.65 million rupees, resulting in profit before tax of 268.48 million rupees. For FY26, consolidated revenue from operations reached 18,396.39 million rupees and net profit came in at 576.55 million rupees, with earnings per share at 2.71 rupees.
Standalone Growth And Balance Sheet Strength
On a standalone basis, Q4 FY26 revenue from operations was 5,888.51 million rupees with profit after tax of 218.04 million rupees, while FY26 standalone PAT reached 600.96 million rupees and EPS stood at 2.82 rupees. Total consolidated assets rose to 6,055.23 million rupees as of 31 March 2026, supported by higher inventories, receivables, and capital work in progress of 723.39 million rupees.
Strategic Capital Deployment And IPO Proceeds
The company has strategically utilized its IPO proceeds, deploying 939.60 million rupees towards a new project in subsidiary Alcu Industries, fully repaying 1,000 million rupees of borrowings, and allocating 331 million rupees for general corporate purposes and IPO expenses. Unutilized IPO funds stand at 469.40 million rupees, preserving flexibility for future growth.
Corporate Governance And Management Changes
The Board recorded the resignation of Company Secretary and Compliance Officer Alpesh Makwana, effective 12 May 2026, and updated the list of key managerial personnel, with Chairman and Whole Time Director Shyamsundar Rathi, Managing Director Shailesh Rathi, and CFO Naveen Pachisia designated for materiality assessments. Statutory auditors O. P. Rathi & Co. issued unmodified opinions on both standalone and consolidated results.
Key Highlights
- Consolidated Q4 FY26 revenue from operations: 5,987.81 million rupees; PAT: 196.12 million rupees
- FY26 consolidated revenue: 18,396.39 million rupees; net profit: 576.55 million rupees; EPS: 2.71 rupees
- Standalone FY26 PAT: 600.96 million rupees; EPS: 2.82 rupees
- Total consolidated assets increased to 6,055.23 million rupees as of 31 March 2026
IPO proceeds largely deployed for capex, debt repayment, and growth, with 469.40 million rupees unutilized
Sources: Company exchange filing – Outcome of Board Meeting and Q4 FY26 audited financial results of Vidya Wires Limited.