Image Source: Moneycontrol
R R Kabel, India's leading wires and cables maker, forecasts 18% volume growth in FY27, boosted by new trade deals with the EU and US. Exports are set to rise to 33% of revenue amid resumed client orders and strong domestic demand from infrastructure and real estate. Capacity expansions support robust Q2 gains.
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R R Kabel, a leading Indian wires and cables manufacturer, anticipates 18% volume growth in fiscal 2027, fueled by New Delhi's trade agreements easing export pressures. Key clients have resumed order talks, with exports expected to rise to 33% of revenue from 30%. Robust domestic demand and strategic market shifts underpin this optimistic outlook.
Key Growth Drivers
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Wires and cables drive 90% of RR Kabel's revenue, benefiting from India's infrastructure boom and rising real estate activity.
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Recent trade pacts with the EU and US are set to counter past US tariff hikes that cut American exports from 10% to 3% of total sales.
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Chief Operating Officer Rajesh Jain highlighted resumed discussions with major customers, signaling renewed export momentum to Europe and the Middle East.
Performance Insights
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The company is on track for 16-18% volume growth in the current fiscal year, supported by strong Q2 results showing 16.1% YoY volume rise and 22.3% revenue jump in wires and cables.
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Export revenue share is projected to increase by 300 basis points to 33% by FY27 end, enhancing overall profitability.
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Domestic shipments grew amid favorable demand, with capacity expansions targeting 21% YoY volume uplift in H2 FY26.
Sources: Reuters, PL Capital Research
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