Prime Cable Industries Limited · NSE:PRIMECAB
Prime Cable Industries — H1 FY27 Earnings Presentation
49 slides from Prime Cable Industries's earnings presentation, Nov 4, 2026
Slide 1: Stock exchange intimation letter for investor presentation
Date: 04th November 2026 To, The Manager, Listing and Compliance Department NSE Emerge National Stock Exchange of India Limited Exchange Plaza, Plot No. C-1, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400051 Symbol Name: PRIMECAB; ISIN: INE0CQA01020 Sub: Investor Presentation under Regulat
Slide 2: Investor Presentation H1 FY27 Earnings Update
PRIME CABLE INDUSTRIES LIMITED INVESTOR PRESENTATION H1 FY27 EARNINGS UPDATE
Slide 3: Contents
CONTENTS 01 PERFORMANCE 02 03 04 COMPANY MOATS GROWTH STRATEGY SNAPSHOT OVERVIEW 05 06 07 HISTORIC BUSINESS PERFORMANCE SELECT FINANCIAL INFORMATION INDUSTRY OUTLOOK
Slide 4: Performance Update – H1 FY27: Achieved peak capacity utilization
Performance Update – H1 FY27: Achieved peak capacity utilization in H1 FY27 Capacity utilization and expansion ▪ Narela (Unit 1) and Ghiloth LT (Unit 2) facilities achieved peak utilization in H1 FY27 ▪ New Ghiloth MV facility(Unit 3) to be commercialized post Diwali; 20% utilization expected in FY2
Slide 5: Product mix – H1 FY27
Product mix – H1 FY27: Initial MV power cable contribution marks expansion into higher-value cables Control cables Power cables1 Aerial bunch cables Others2 47% 214% 65% 321% 13.6 2.7% 27% 71% 155% 62.6 91.3 76.8 67.4 72.0 73.4 8.8 9.0 8.3 45.8 37.2 42.9 24.5 14.9 14.6 FY25 FY26 H1FY26 H1FY27 FY25 F
Slide 6: Revenue split by clients – H1 FY27
Revenue split by clients – H1 FY27 Government1 Private corporates Revenue mix: Government vs private 221% 14% 201% 127.0 119.6 115.3 105.1 + 43% 69.4 48.5 42.2 35.9 25.6% 25.5% FY25 FY26 H1FY26 H1FY27 FY25 FY26 H1FY26 H1FY27 49.1% 46.5% = Total revenue from operations 64.7% 67% 234.9 117% 74.4% 74.5
Slide 7: Revenue split across sales channel – H1 FY27
Revenue split across sales channel – H1 FY27 EPC1 contractors Tenders Direct sales Others 113% 240% 47% 121.3 120.6 -9% 27% 104.7 35% 82.8 N/A 7.6 -11% 69.4 6.9 49.1 51.4 3.0 35.5 3.8 3.4 2.0 1.6 0.0 FY25 FY26 H1FY26 H1FY27 FY25 FY26 H1FY26 H1FY27 FY25 FY26 H1FY26 H1FY27 FY25 FY26 H1FY26 H1FY27 1.1%
Slide 8: Revenue split across industry – H1 FY27
Revenue split across industry - H1 FY27 Power transmission Power distribution Power generation Power consumption 63% 122% 196% 107.8 -22% -10% 107.3 145% 38.7 85.4 16% 74.7 13.4 28% 30.1 12.1 52.6 4.5 5.8 48.6 36.3 30.5 7.1 8.1 FY25 FY26 H1FY26 H1FY27 FY25 FY26 H1FY26 H1FY27 FY25 FY26 H1FY26 H1FY27
Slide 9: Contents
CONTENTS 01 PERFORMANCE 02 03 04 COMPANY MOATS GROWTH STRATEGY SNAPSHOT OVERVIEW 05 06 07 HISTORIC NBUSINESS PERFORMANCE SELECT FINANCIAL PERFORMANCE INDUSTRY OUTLOOK
Slide 10: Positioning across India's power transmission and distribution ecosystem
Positioning across India’s power transmission and distribution ecosystem Generation Transmission Distribution Consumption Generation of power from High voltage wires/conductors Conversion and distribution in Consumption of electricity multiple sources measured in carrying electricity across long low
Slide 11: Institutional-focused cables and wires manufacturer with certified capabilities
Institutional-focused cables and wires manufacturer with certified capabilities and diversified infrastructure exposure ▪ Integrated cables and wires manufacturer catering to India’s infrastructure and industrial ecosystem Key operating metrics ▪ Trusted partner to institutional clients on the back
Slide 12: Over 17 years of experience in cable and wire manufacturing
Over 17 years of experience in cable and wire manufacturing Converted from private company into public company Mr. Purshotam Singla Launched a new unit in DSIDC Commenced setting up of Got NABL certification for in-house established a proprietorship firm in Narela, Delhi, covering 3,767 sq. ft. Manu
Slide 13: Comprehensive wires and cables portfolio
Comprehensive wires and cables portfolio LV Power Cables Control Cables Aerial Bunched Cables MVCC - Medium Panels/House Wires ACSR Conductor Voltage Covered Conductor Solar DC Cables Instrumentation HT Cables Cables 12
Slide 14: Diversified portfolio unlocking large, multi-segment market opportunity
Diversified portfolio unlocking large, multi-segment market opportunity Diversified portfolio unlocking large, multi-segment market opportunity Control cables Power cables Aerial bunch cables Others ▪ Used in electrical systems with ▪ Used for transmission of ▪ Used for power distribution in ▪ Used
Slide 15: Well-diversified revenue pool with headroom for geographic expansion
Well-diversified revenue pool with significant headroom for geographic expansion 5.0% Punjab Haryana 7.1% 8.3% Rajasthan Bihar 17.8% 4.7% Maharashtra Chhattisgarh 5.6% 6.7% Madhya Pradesh Karnataka 15.3% 9.6% Telangana Andhra Pradesh 5.5% Revenue share > 4% Revenue share < 4% Top states drive most o
Slide 16: Integrated manufacturing and robust infrastructure (1/2)
Integrated manufacturing and robust infrastructure (1/2) WAREHOUSE 1 Narela, Delhi UNIT 1 Capacity AREA AREA 3,767 sq.ft. Narela, Delhi 13,000 kms 3,767 sq.ft. Peak revenue3 30 cr. Peak utilization 85% H1 FY27 reported revenue1 35 cr H1FY27 utilization 102% H1 FY27 normalized revenue2 30 cr H1FY27 u
Slide 17: Integrated manufacturing and robust infrastructure (2/2)
Integrated manufacturing and robust infrastructure (2/2) End-to-end manufacturing capabilities Advanced testing and quality Scalable infrastructure and capacity ▪ Comprehensive in-house processes infrastructure ▪ Equipped with modern machinery to support including: ▪ In-house testing laboratories ac
Slide 18: Contents
CONTENTS 01 PERFORMANCE 02 03 04 COMPANY MOATS GROWTH STRATEGY SNAPSHOT OVERVIEW 05 06 07 HISTORIC BUSINESS PERFORMANCE SELECT FINANCIAL INFORMATION INDUSTRY OUTLOOK
Slide 19: Strong institutional relationships driving repeat business
Strong institutional relationships driving repeat business Established relationships with institutional clients ▪ Long-standing partnerships with electricity boards, EPC players, and PSUs ▪ Trusted supplier for critical power and infrastructure applications ▪ Relationships built on consistent produc
Slide 20: Trusted by leading power, energy and infrastructure players (1/2)
Trusted by leading power, energy and infrastructure players (1/2) Power and energy companies Oil, gas and PSU giants Engineering, metals and manufacturing 19 Note: Selected customer relationships showcased; not an exhaustive list of customers.
Slide 21: Trusted by leading power, energy and infrastructure players (2/2)
Trusted by leading power, energy and infrastructure players (2/2) Infrastructure and EPC companies State power transmission and generation 20 Note: Selected customer relationships showcased; not an exhaustive list of customers.
Slide 22: Strong vendor approvals and tender qualification advantage
Strong vendor approvals and tender qualification advantage ▪ Approved vendor with state transmission and distribution Vendors utilities, DISCOMs, and PSUs across multiple states Extensive vendor approvals ▪ Eligible to participate in projects directly and through EPC across government ecosystem cont
Slide 23: Extensive state authority approvals across 20 states
Extensive state authority approvals across 20 states, enhancing market reach Jammu and Kashmir Uttarakhand Punjab Delhi Haryana Uttar Pradesh Rajasthan Bihar Gujarat Assam Madhya Pradesh Meghalaya Maharashtra West Bengal Telangana Jharkhand Karnataka Orissa Andhra Pradesh Chhatisgarh Approvals from
Slide 24: Stringent quality systems and certified manufacturing
Stringent quality systems and certified manufacturing End-to-end quality Advanced testing Comprehensive Global quality control systems infrastructure certifications and recognition compliance ▪ Integrated manufacturing with ▪ Equipped with in-house testing ▪ Manufacturing units certified ▪ Internati
Slide 25: NABL accreditation as a strategic enabler
NABL accreditation as a strategic enabler for high-barrier market access ▪ Secured NABL accreditation for its in-house testing and calibration laboratory, strengthening its presence in the medium-voltage (MV) segment by enabling testing of cables up to 33 kV in accordance with globally accepted stan
Slide 26: Differentiated positioning in a competitive market
Differentiated positioning in a competitive market 1 Operating in a large, fragmented industry ▪ Indian cables and wires market characterized by high fragmentation with 100+ manufacturers ▪ Presence of multiple regional and mid-sized players catering to localized markets ▪ Focus on B2B and instituti
Slide 27: Leaders behind our growth story
Leaders behind our growth story Purshotam Singla Nikunj Singla Promoter and MD Promoter and Whole Time Director Purshotam Singla is the promoter and managing director of the company, Nikunj Singla is the promoter and whole-time director of the company, with over 40 years of experience in the cable m
Slide 28: Contents
CONTENTS 01 PERFORMANCE 02 03 04 COMPANY MOATS GROWTH STRATEGY SNAPSHOT OVERVIEW 05 06 07 HISTORIC BUSINESS PERFORMANCE SELECT FINANCIAL INFORMATION INDUSTRY OUTLOOK
Slide 29: Expanding market presence and customer reach
Expanding market presence and customer reach Deepen presence with existing institutional clients ▪ Leverage long-standing relationships with electricity boards, EPC players, and PSUs ▪ Increase wallet share by supplying higher-value and higher-margin products ▪ Cross-sell new offerings (e.g., Medium
Slide 30: Product expansion and moving up the value chain
Product expansion and moving up the value chain Diversify product portfolio Capacity expansion to support growth ▪ Track record of expanding from PVC cables to XLPE ▪ Increased capacity from 15,000 KMs (FY22) to 42,000 KMs cables to ABC to conductors (FY27) ▪ Continued focus on broadening product of
Slide 31: New MV manufacturing unit; 1st phase to be commissioned post Diwali
New MV manufacturing unit; 1st phase to be commissioned post Diwali Project details | New manufacturing unit 98,900 sq. ft. land | 50,000 sq. ft. built-up area Focus on medium voltage (MV) cables (up to 33 kv) Installed capacity post Diwali: 5,000 kms 8,000+ kms per annum by April 2027 Capex overvie
Slide 32: Contents
CONTENTS 01 PERFORMANCE 02 03 04 COMPANY MOATS GROWTH STRATEGY SNAPSHOT OVERVIEW 05 06 07 HISTORIC BUSINESS PERFORMANCE SELECT FINANCIAL INFORMATION INDUSTRY OUTLOOK
Slide 33: Historic business performance (1/2)
Historic business performance (1/2) Revenue from operations EBITDA Profit after tax (PAT) 234.9 23.5 12.3 141.0 14.6 7.4 82.5 4.9 1.8 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Capacity utilization EBITDA margin PAT margin 55% 5.2% 5.2% 41% 10.4% 10.0% 36% 6.0% 2.2% FY24 FY25 FY26 FY24 FY25 FY26 F
Slide 34: Historic business performance (2/2)
Historic business performance (2/2) Return on equity(ROE) Debtor days Inventory days 85 75 67.8% 68 65 62 57 32.7% 28.9% FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Return on capital employed(ROCE) Cash conversion cycle Net debt to equity ratio 94 4.6 81 73 53.8% 42.8% 2.5 26.2% 0.6 FY24 FY25 FY26
Slide 35: Contents
CONTENTS 01 PERFORMANCE 02 03 04 COMPANY MOATS GROWTH STRATEGY SNAPSHOT OVERVIEW 05 06 07 HISTORIC BUSINESS PERFORMANCE SELECT FINANCIAL INFORMATION INDUSTRY OUTLOOK
Slide 36: Income statement
Income statement ₹ crores unless otherwise mentioned Particulars H1 FY26 H1 FY27 YoY Change FY24 FY25 FY26 YoY Change Revenue from operations 90.7 196.4 117% 82.5 141.0 234.9 67% Cost of materials and services consumed, including finished goods and WIP 76.0 171.5 126% 71.7 117.5 198.1 69% Employee b
Slide 37: Balance sheet
Balance sheet ₹ crores unless otherwise mentioned ₹ crores unless otherwise mentioned Equity and Liabilities FY24 FY25 FY26 H1 FY27 Assets FY24 FY25 FY26 H1 FY27 Equity capital 0.6 6.9 9.2 9.2 Non-current assets Reserves and Surplus 6.5 7.7 51.6 61.1 Tangible assets 17.2 21.4 38.9 41.5 Total shareho
Slide 38: Cash flow statement
Cash flow statement ₹ crores unless otherwise mentioned Particulars FY24 FY25 FY26 H1 FY27 A Cash flow from operating activities Profit before tax 1.6 10.1 16.6 12.9 Add: Non-cash and non-operating adj. 3.2 4.8 5.1 3.3 Add/Less: Working capital changes -3.5 -12.2 -30.9 -31.9 Less: Direct taxes paid
Slide 39: Contents
CONTENTS 01 PERFORMANCE 02 03 04 COMPANY MOATS GROWTH STRATEGY SNAPSHOT OVERVIEW 05 06 07 HISTORIC BUSINESS PERFORMANCE SELECT FINANCIAL INFORMATION INDUSTRY OUTLOOK
Slide 40: India cables market overview: Size, structure and growth trajectory
India cables market overview: Size, structure and growth trajectory India cables market (INR 91,344.1 cr., CY24) CY30F: INR 2,11,921.1 Cr. (CAGR 15.1%) By cable voltage By Cable type Low voltage (LV) 15.8% 23.7% 16.9% Manages low voltage electricity 68.9% (below 1.1 kV) Used for overhead Transmit el
Slide 41: Structural demand tailwinds driving multi-year growth in Indian cables (1/4)
Structural demand tailwinds driving multi-year growth in Indian cables (1/4) Grid build-out Renewable evacuation ▪ Transmission and distribution networks being expanded and ▪ Every GW of new solar and wind needs MV/EHV cable and conductor modernised across urban and rural India to reach the grid ▪ L
Slide 42: Structural demand tailwinds driving multi-year growth in Indian cables (2/4)
Structural demand tailwinds driving multi-year growth in Indian cables (2/4) Power infrastructure transformation India transmission and distribution substation capacity in MVA ▪ Ongoing grid modernization, smart metering, and loss reduction 2,944,995 initiatives ▪ Expansion of transmission and distr
Slide 43: Structural demand tailwinds driving multi-year growth in Indian cables (3/4)
Structural demand tailwinds driving multi-year growth in Indian cables (3/4) Infrastructure and real estate expansion India real estate market in USD billion ▪ Continued build-out across roads, railways, ports, and urban 1,000 infrastructure ▪ Strong growth in residential and commercial real estate
Slide 44: Structural demand tailwinds driving multi-year growth in Indian cables (4/4)
Structural demand tailwinds driving multi-year growth in Indian cables (4/4) Digital and data infrastructure India data center capacity in megawatt and capacity utilization in % ▪ Expansion of data centers, cloud infrastructure, and telecom 2,500 110% networks 105% 1,950 ▪ 5G rollout and rural broad
Slide 45: Safe harbor statement
Safe harbor statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Prime Cable Industries Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscr
Slide 46: Thank you
Thank you For further information, please contact: COMPANY PRIME CABLE INDUSTRIES LIMITED Mr. Naman Jain Chief Financial Officer [email protected] INVESTOR RELATIONS CONSULTANT Meeting Request Link NEOATLAS CAPITAL ADVISORY LLP Ms. Harsha Hotwani Mr. Rutul Shah +91 94293 55329 +91 82002 4
Slide 47: H1 FY27 Commentary – Naman Singla
PRESS & MEDIA RELEASE H1 FY27 COMMENTARY NAMAN SINGLA PROMOTER & WHOLE-TIME DIRECTOR Dear Shareholders, H1 FY27 has been a strong period for Prime Cable Industries Limited, marked by a significant acceleration in execution, record quarterly revenue, healthy order inflows, and continued progress towa
Slide 48: H1 FY27 Commentary – Naman Singla
PRESS & MEDIA RELEASE H1 FY27 COMMENTARY NAMAN SINGLA PROMOTER & WHOLE-TIME DIRECTOR Dear Shareholders, Our existing manufacturing facilities have continued to witness strong demand and utilization. Against this backdrop, we are progressing with the commissioning of our new medium-voltage cable line
Slide 49: Press & Media Release: H1 FY27 results summary
PRESS & MEDIA RELEASE ₹ crores unless otherwise mentioned Sequential Particulars H1 FY27 H1 FY26 YoY change H1 FY27 H2 FY26 change Revenue 196.4 90.7 117% 196.4 144.2 36% Normalised revenue 175.9 90.7 94% 175.9 144.2 22% EBITDA 16.5 9.8 68% 16.5 13.7 20% EBITDA margin (%) 8.4% 10.8% 8.4% 9.5% PAT 9.
Prime Cable Industries — H1 FY27 Earnings Presentation on 6ix