Birla Cable Limited (BIRLACABLE)

Telecommunication · Telecom - Equipment & Accessories · NSE · Updated 16 July 2026

₹156.89 ↓ 15.45% (1Y)

🎯 Key Takeaways

Birla Cable Limited is in a strategic transition phase, marked by strong financial recovery and structural consolidation. The company has rebounded from prior-year losses to deliver robust YoY growth in revenue and profitability, while advancing a key amalgamation with Vindhya Telelinks to enhance scale and market positioning.
Revenue declined 13.2% QoQ to ₹158 in Q3FY25.
⚠️ The amalgamation with Vindhya Telelinks remains pending NCLT approval and could face regulatory or integration delays.

Market Cap

₹471

P/E Ratio

94.0

Div Yield

0.00%

Promoter

0.0%

✨ Ask AI About BIRLACABLE 📊 Interactive Charts

📖 The Story

Birla Cable Limited is in a strategic transition phase, marked by strong financial recovery and structural consolidation. The company has rebounded from prior-year losses to deliver robust YoY growth in revenue and profitability, while advancing a key amalgamation with Vindhya Telelinks to enhance scale and market positioning. Management is focused on integrating operations and leveraging synergies post-merger, signaling a deliberate shift toward sustainable growth.

📰 What's Happening

In the latest filing on 2026-05-22, the company announced audited FY26 results showing revenue of ₹77,111.40 lakhs and net profit of ₹1,690.29 lakhs, up sharply from ₹66,165.23 lakhs and ₹16.00 lakhs YoY. The Board recommended a dividend of ₹1.25 per share (12.50%) pending shareholder approval at the 34th AGM. Shri Somesh Laddha was appointed CFO effective 22 May 2026, bringing leadership continuity. A proposed amalgamation scheme with Vindhya Telelinks, effective 1 April 2026, is pending NCLT approval and involves a 10:115 share exchange ratio. Management highlighted that the merger is central to future growth, with capital expenditure of ₹191.05 lakhs planned. The auditor issued an unqualified opinion with no material uncertainties, reinforcing confidence in financial compliance.

Source: Stock Announcements

📊 Quarterly Results (₹ Cr)

Metric	Q4FY23	Q1FY24	Q2FY24	Q3FY24	Q4FY24	Q1FY25	Q2FY25	Q3FY25
Revenue	245	174	175	162	175	166	182	158
Operating Profit	23	22	13	12	9	7	10	10
OPM %	9.1%	7.0%	5.6%	7.0%	4.1%	3.9%	5.0%	5.8%
Net Profit	13	12	5	4	2	0	2	1
EPS	₹4.24	₹3.90	₹1.68	₹1.27	₹0.53	₹0.05	₹0.61	₹0.48

The company's financial trajectory shows a clear inflection point, with revenue and profitability expanding significantly in FY26 compared to the prior year, reversing earlier volatility. Quarterly trends indicate improving operational efficiency, as operating margins stabilized around 5-6% despite fluctuating revenue. The sharp YoY growth in net profit and EPS reflects both cost optimization and scale benefits, likely accelerated by the amalgamation integration. Management attributes this momentum to structural reforms and leadership changes, particularly the new CFO appointment, which is expected to strengthen financial governance and capital allocation.

🔮 Management Outlook & What's Next

Management expressed a forward-looking stance in the FY26 results filing, emphasizing the strategic importance of the amalgamation with Vindhya Telelinks, effective 1 April 2026, and the appointment of a new CFO to drive financial discipline. The company recommended a dividend of ₹1.25 per share for FY25-26 and outlined plans for capital expenditure of ₹191.05 lakhs, signaling ongoing investment in operations. No formal long-term guidance was provided, but management indicated that post-merger integration would be a key focus area, with expectations of improved scale and operational synergy.

Extracted from official company announcements. Not StockFin.ai's opinion.

⚖️ Peer Comparison — Telecom - Equipment & Accessories

Company	MCap (₹ Cr)	P/E	ROCE	ROE	D/E
ITI Limited	27,553	-61.3	—	—	—
Sterlite Technologies Limited	19,777	-106.6	—	—	—
Tejas Networks Limited	7,923	11.5	—	—	—
Optiemus Infracom Limited	3,685	54.7	—	—	—
Birla Cable Limited	471	94.0	—	—	—
UMIYA BUILDCON LIMITED	157	48.3	—	—	—
Aksh Optifibre Limited	88	-4.0	-12.9%	0.0%	6.92
Tamilnadu Telecommunication Limited	42	—	—	—	—

🔗 Peer Stock Analyses

ITI STLTECH TEJASNET OPTIEMUS UMIYA-MRO

⚠️ Risk Factors

1. The amalgamation with Vindhya Telelinks remains pending NCLT approval and could face regulatory or integration delays. 2. The company's high P/E ratio of 94 reflects market skepticism about sustained profitability, especially if merger synergies are not realized. 3. Quarterly revenue volatility persists, with no clear upward trend in top-line growth, raising concerns about demand stability in the telecom accessories segment. 4. Dividend sustainability depends on continued profitability and cash flow, which could be pressured if margins compress post-integration.

📋 Recent Filings

🧠 Analyst's Read

Birla Cable is executing a pivotal restructuring phase with promising financial recovery and strategic consolidation via amalgamation. Investors should monitor NCLT approval of the merger and the pace of margin improvement post-integration, as these will determine the long-term viability of the growth narrative.

Based on filing content and financial data. Not a recommendation.

Read the full analysis

Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights — sign up free to unlock.

2 free AI queries per day.

✨ Deep Dive with AI on BIRLACABLE

Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-07-16.

📡 Get AI alerts when BIRLACABLE files new disclosures

Track BIRLACABLE filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track BIRLACABLE — Free

Free account · 2 AI queries/day