Prime Cable Industries H1 FY27 Revenue Rises 117% to ₹196.4 Crore

Prime Cable Industries Limited reported H1 FY27 revenue of ₹196.4 crore, up 117% year on year from ₹90.7 crore, while profit after tax rose 73% to ₹9.5 crore for the half year ended September 30, 2026. The result reflects higher execution and peak utilisation at its existing facilities.

What did Prime Cable Industries report for H1 FY27?

Prime Cable Industries reported a sharp rise in revenue and profit for the first half of FY27. Revenue reached ₹196.4 crore, compared with ₹90.7 crore in H1 FY26, according to the company's investor presentation released with its unaudited half-year results on November 4, 2026.

Profit after tax rose 73% year on year to ₹9.5 crore. The company said H1 FY27 marked a period of significant acceleration, with its Narela Unit 1 and Ghiloth low-tension Unit 2 facilities operating at peak utilisation. Higher capacity use and execution of the order pipeline were central to the reported performance.

The board approved the unaudited financial results for the half year ended September 30, 2026. It also noted that the company's IPO proceeds had been fully utilised. The available disclosures do not specify the amount of proceeds in the supplied information.

Why is Prime Cable Industries holding an earnings call on November 5?

Prime Cable Industries has scheduled an earnings conference call and investor meet for November 5, 2026, at 12:30 PM IST, following the announcement of its H1 FY27 results. The company had informed exchanges on November 2 that the interaction would cover the unaudited half-year financial performance.

The call gives investors an opportunity to seek management commentary on the revenue increase, the order book, capacity additions and the outlook stated in the investor presentation. No earnings-call transcript was included in the provided material, so management guidance beyond the published presentation is not available yet.

The investor interaction comes a day after the board approved the H1 results. Prime Cable Industries had separately indicated that it would report its first-half FY27 results on November 4, making the November 5 meeting the first scheduled forum for discussion after the financial release.

What is driving Prime Cable Industries' current execution?

Prime Cable Industries linked its H1 FY27 performance to peak utilisation at its two existing operating facilities. The Narela unit and the Ghiloth low-tension facility achieved peak utilisation during the half year, indicating that incremental growth will increasingly depend on the ramp-up of new capacity.

The company reported an unexecuted order book of ₹294.0 crore as of the end of October 2026. This included ₹66.0 crore of medium-voltage cable orders. Prime Cable Industries said this order book is expected to be executed over the next four to six months, subject to normal operating conditions and project schedules.

Demand from power transmission and distribution projects has supported the company's recent business updates. In its July 2026 release, Prime Cable Industries said strong execution, healthy order inflows and sustained demand had helped it report record Q1 FY27 revenue. The H1 figures extend that operating trend into the second quarter.

How will the Ghiloth MV facility affect Prime Cable Industries' capacity?

Prime Cable Industries expects its new Ghiloth Unit 3 medium-voltage facility to be commercialised after Diwali, with 20% utilisation expected during FY27. The facility is intended to strengthen the company's presence in the medium-voltage cable segment and adds a new source of capacity after existing plants reached peak use.

The company has stated that the new unit has peak annual normalised revenue potential of ₹150 crore. It has also secured NABL accreditation for its in-house laboratory to test cables up to 33 KV, supporting its medium-voltage cable operations. The company previously disclosed BIS certification for MV power cables, ACSR connectors and solar cables as part of its expansion into related segments.

Earlier FY26 disclosures had indicated that Unit 3 was on track for commissioning by the end of H1 FY27. The latest update places commercialisation after Diwali instead. Prime Cable Industries has not provided a specific date for commercial production in the material supplied.

What does the H1 FY27 update mean for investors and the cable industry?

Prime Cable Industries has retained its expectation of ₹370 crore in normalised FY27 revenue and its FY28 revenue growth guidance of 45%. These are company targets rather than reported financial results. Their delivery will depend on execution of the order book and the pace at which the new MV facility is utilised.

For investors, the main disclosed indicators are the 117% H1 revenue increase, the 73% growth in PAT, the ₹294.0 crore order book and the upcoming commercialisation of Unit 3. The supplied information does not include a share-price reaction, valuation data or revised margin guidance, so no market-price conclusion can be drawn from the announcement alone.

The update also shows the operational transition facing cable manufacturers after existing assets approach full utilisation. Prime Cable Industries is adding capacity in the MV segment while continuing to execute orders from transmission and distribution demand. The November 5 interaction may provide further clarity on production ramp-up, order conversion and the timing of incremental sales.

Conclusion

Prime Cable Industries delivered H1 FY27 revenue of ₹196.4 crore and PAT of ₹9.5 crore, supported by peak utilisation at existing facilities and a substantial order book. The results indicate a strong increase in business activity compared with H1 FY26, while the company has also confirmed that its IPO proceeds are fully utilised.

The next disclosed event is the earnings conference call and investor meet on November 5, 2026, at 12:30 PM IST. Investors will watch for management updates on the post-Diwali commercialisation of Ghiloth Unit 3, its expected 20% FY27 utilisation, the execution of the ₹294.0 crore order book and progress toward the ₹370 crore normalised FY27 revenue target.