Orient Cables (India) Ltd
Orient Cables Reports Q2 FY27 Standalone Revenue of ₹528.8 crore, up 107% YoY
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 13 Nov 2026, 09:09 AM IST · BSE ID: c43ee851-e90b-446b-9cec-8ba4b3eace5b
View Original BSE Filing (PDF)
💡
In Simple Terms
Orient Cables released its Q2 FY27 results, showing significant revenue and profit growth and reporting full utilization of IPO funds for debt.
🤖 AI Summary
- Orient Cables reported Q2 FY27 standalone revenue from operations of ₹528.8 crore, an increase of 107% YoY.
- Standalone Profit After Tax for Q2 FY27 rose 180% YoY to ₹40.1 crore, with a PAT Margin of 7.6%.
- Half-year (H1 FY27) standalone revenue reached ₹1,018.0 crore, marking a 103% YoY growth.
- H1 FY27 standalone Profit After Tax increased 194% YoY to ₹73.7 crore, reflecting a PAT Margin of 7.2%.
- The company has utilized the entire ₹155.5 crore from IPO fresh issue proceeds for prepayment/repayment of borrowings.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Revenue from Operations Q2 FY27
₹528.8 crore
107%
Profit After Tax Q2 FY27
₹40.1 crore
180%
Revenue from Operations H1 FY27
₹1,018.0 crore
103%
Profit After Tax H1 FY27
₹73.7 crore
194%
EBITDA Margin Q2 FY27
12.0%
Net Debt / Equity Sep-26
0.17
IPO Proceeds Utilized for Borrowings
₹155.5 Crore
🏢 How This Affects the Company
The company reported its highest-ever quarterly and half-yearly performance, driven by diversified product mix, growth in the Renewable segment (E-Beam), and robust export performance. Volume growth for H1 FY27 was approximately 60% YoY, strengthening its market position in networking cables while expanding into new segments.
Strong revenue growth directly contributed to higher EBITDA and PAT. Debt repayment of ₹155.5 crore from IPO proceeds reduced borrowings, as reflected by Net Debt/Equity decreasing to 0.17 as of Sep-26 from 0.23 in Mar-26.
The company is ramping up utilization at its Bengaluru facility and is setting up an 11-acre manufacturing facility at Bhiwadi, Rajasthan, expected to be completed by H1 FY28. It is also scaling up new business segments like EV charging guns and E-Beam cables and has a JV with Aditya Infotech for LAN/CCTV cables, with commercial production expected from Q4 FY27.
The reduction in Net Debt/Equity to 0.17 (Sep-26) from 0.23 (Mar-26) due to IPO proceeds utilization for debt repayment reduces financial leverage risk.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this investor presentation filing.
👤
Who Is Affected
Shareholders are affected by the company's improved financial metrics, including higher profitability and reduced debt leverage, as reflected by the 194% YoY increase in H1 FY27 PAT.
🔍
Management Signal
Management signals a focus on growth through capacity expansion, diversification into new high-growth segments, strategic partnerships, and financial prudence through debt reduction.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 results — monitor for seasonal softer performance as indicated by management.
Progress on Bhiwadi facility completion by H1 FY28.
Commercial production commencement of CoreLink JV from Q4 FY27.
LOW RISK
The filing reports strong financial performance, reduced debt, and clear strategic expansion plans, with no immediate red flags.
💡 Investor Takeaway
Orient Cables reported robust standalone financial performance for Q2 FY27, with Revenue from Operations at ₹528.8 crore (up 107% YoY) and Profit After Tax at ₹40.1 crore (up 180% YoY). The company has fully utilized ₹155.5 crore from IPO fresh issue proceeds for debt repayment, strengthening its financial position.
⚖️ Strengths & Concerns
✅ Positives
- Q2 FY27 standalone Revenue from Operations grew 107% YoY to ₹528.8 crore, indicating strong business momentum.
- H1 FY27 standalone Profit After Tax increased 194% YoY to ₹73.7 crore, reflecting improved profitability and operational efficiencies.
⚠️ Concerns
- Gross Profit Margin for Q2 FY27 was 20.3%, a decrease from 22.5% in Q2 FY26, primarily reflecting changes in product mix and input cost dynamics.
- Q3 FY27 is noted to be a seasonally softer quarter for the business, which might impact short-term sequential performance.
📅 Company Track Record
Orient Cables recently listed on October 5, 2026. The prior filing context shows the board approved the Q2 FY27 unaudited financial results on November 12, 2026. This investor presentation provides a detailed overview of those results and future strategies.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Orient Cables' standalone revenue from operations in Q2 FY27?
Orient Cables' standalone revenue from operations in Q2 FY27 was ₹528.8 crore, marking a 107% increase from ₹255.5 crore in Q2 FY26.
What was Orient Cables' standalone Profit After Tax for Q2 FY27?
For Q2 FY27, Orient Cables reported a standalone Profit After Tax of ₹40.1 crore, which is a 180% increase compared to ₹14.3 crore in Q2 FY26.
How much of the IPO proceeds has Orient Cables utilized?
Orient Cables has utilized the entire ₹155.5 crore from the IPO fresh issue proceeds for prepayment and/or repayment of certain outstanding borrowings as of Sep-26.
What were Orient Cables' half-yearly standalone revenues and profits for H1 FY27?
Orient Cables recorded standalone revenue of ₹1,018.0 crore for H1 FY27, a 103% YoY increase, and Profit After Tax of ₹73.7 crore, up 194% YoY from H1 FY26.
Questions based on this BSE filing only. For information purposes.