Relicab Cable Manufacturing reported a 61.19% surge in FY26 revenue to Rs 64.21 crore, driven by new export orders from Ghana and fresh OEM approvals from CG Power. While top-line growth is strong, the company’s profit after tax saw a modest rise to Rs 1.90 crore as operating costs increased. Shareholders will vote on leadership re-appointments and related-party transaction limits at the upcoming 17th Annual General Meeting on September 30, 2026.
Relicab Cable FY26 Revenue Hits Rs 64.21 Crore
Revenue: Rs 64.21 crore (up 61.19% YoY)
Profit After Tax: Rs 1.90 crore (up from Rs 1.71 crore YoY)
Reader Takeaway: Strong revenue growth fueled by exports and OEM partnerships is partially offset by rising operating costs.
What just happened
Relicab Cable Manufacturing has released its financial performance for the fiscal year ended March 31, 2026, alongside the notice for its 17th Annual General Meeting (AGM) scheduled for September 30, 2026. The company successfully grew its top-line to Rs 64.21 crore, significantly outperforming the previous year's Rs 39.83 crore. Profitability remained steady at Rs 1.90 crore, despite higher overheads associated with its expansion.
Why this matters
The company is signaling a transition toward global markets and high-value OEM supply chains. Successfully securing entry into Ghana and achieving vendor status with CG Power’s Nashik plant are key indicators of brand trust and operational readiness. These developments suggest Relicab is moving beyond domestic retail dependency to institutional B2B contracts.
Business and Operational Update
Operational efficiency was a primary theme for the year. Key upgrades included:
- Deployment of dual extruder lines to boost capacity for skinning wires and ZHFR cables.
- Expansion into African markets with orders for MM S/C Cable.
- Strengthening the supply chain through new OEM partnerships.
Corporate Actions
The upcoming AGM will seek shareholder approval for the re-appointment of Mr. Suhir Shah as MD and CFO for a three-year term at a fixed salary cap. Additionally, shareholders will vote on a Rs 15 crore aggregate limit for related-party transactions and the remuneration structure for the Board’s non-executive leadership.
Risks to watch
While top-line growth is robust, the modest profit increase suggests margin compression due to rising operating costs. Furthermore, the company highlighted that it is still quantifying the potential financial impact of the new Labour Codes implemented in November 2025, which could create future liability fluctuations.
What to track next
Investors should look for updates on capacity utilization rates following the installation of new machinery and monitor how the company manages the cost implications of the new Labour Code mandates.