Prime Cable Industries H1 FY27 Profit Rises 73% to ₹9.5 Crore

Prime Cable Industries Limited reported H1 FY27 net profit of ₹9.5 crore, up 72.7% year-on-year from ₹5.5 crore, while normalized revenue was ₹175 crore and reported revenue from operations reached ₹196.4 crore. The results also coincided with an update on its medium-voltage cable expansion at Ghiloth.

What did Prime Cable Industries report for H1 FY27?

Prime Cable Industries reported revenue from operations of ₹196.4 crore for H1 FY27, a year-on-year increase of 116.5%, and net profit of ₹9.5 crore, up 72.7% from ₹5.5 crore in H1 FY26. The company’s earnings-call update also referred to normalized revenue of ₹175 crore for the half year.

The company released its H1 FY27 investor presentation on November 4, 2026. Its earnings conference call was scheduled for November 5 at 12:30 PM IST, and the transcript was submitted to the exchange on November 9. The disclosures placed the half-year performance alongside details of capacity expansion, the order book and management revenue guidance.

Prime Cable Industries manufactures electrical cables and conductors, with low-voltage products up to 1.1 kV forming its existing product range. It supplies utilities, EPC contractors, public-sector undertakings and industrial customers in India. Its move into medium-voltage cables up to 33 kV is intended to broaden that product offering.

How is the Ghiloth medium-voltage cable project progressing?

Prime Cable Industries said its new medium-voltage cable line at Ghiloth is scheduled for commercialisation on November 21, 2026. The facility is designed to manufacture medium-voltage cables and has a stated peak revenue capacity of ₹150 crore.

Earlier company material had described strategic capital expenditure for medium-voltage cables, with commercial production expected by Q2 FY27. The November update provided a specific commercialisation date. This expansion takes Prime Cable Industries beyond low-voltage products and into cables rated up to 33 kV.

The project is relevant because the company has identified utilities, EPC contractors, PSUs and industrial customers as its customer base. A new medium-voltage line can allow it to address requirements beyond its established low-voltage cable segment, subject to commercial execution and customer demand.

The reported H1 FY27 update did not provide capital expenditure spending, project cost, utilisation level for the new line or expected margins from the Ghiloth facility. Investors therefore have a stated commissioning date and peak revenue capacity, but not detailed financial assumptions for the project.

What is Prime Cable Industries' order book and revenue guidance?

Prime Cable Industries reported an active order book of ₹310 crore, with the majority expected to be executed over the next six to eight months. Management also guided for FY27 normalized revenue of ₹370 crore and FY28 revenue of ₹560 crore.

The order book provides a disclosed view of business pending execution, while the FY27 and FY28 figures are management guidance rather than reported financial results. Their achievement will depend on execution of existing orders, production capacity and the rollout of the medium-voltage line.

The company’s H1 FY27 revenue disclosure showed two measures: ₹196.4 crore in revenue from operations and ₹175 crore in normalized revenue. For comparability, the normalized revenue figure is the basis used in management’s FY27 guidance. The source did not provide a detailed reconciliation between the two half-year revenue measures.

Prime Cable Industries has also indicated that the majority of the current order book is expected to move into execution within six to eight months. This timeline overlaps with the planned November 21 commercialisation of the Ghiloth facility, although the company has not linked specific orders to the new unit.

Why do the H1 FY27 results matter for cable-sector investors?

Prime Cable Industries' H1 FY27 results matter because profit growth and revenue growth were reported alongside a capacity expansion and a sizable order book. Net profit increased by 72.7% to ₹9.5 crore, while revenue from operations rose 116.5% to ₹196.4 crore.

The company was founded in 1997, incorporated in 2008 and listed on NSE Emerge in 2025. Its development from a Delhi proprietorship to a supplier serving power utilities and industrial customers provides context for its planned entry into the medium-voltage cable category.

The broader wires and cables sector has been supported by investment-related demand, according to the company’s prior FY26 earnings-call material. For Prime Cable Industries, the immediate operating indicators disclosed in the H1 FY27 update are the ₹310 crore order book, the Ghiloth launch timeline and management’s revenue targets.

For investors, the reported figures distinguish between completed financial performance and forward guidance. H1 profit and revenue are reported outcomes, while the ₹370 crore FY27 normalized revenue target, ₹560 crore FY28 revenue target and ₹150 crore peak revenue capacity are management-stated forward metrics.

Conclusion

Prime Cable Industries delivered H1 FY27 net profit of ₹9.5 crore, up 72.7% year-on-year, and reported revenue from operations of ₹196.4 crore. The update also showed an active ₹310 crore order book and confirmed the company’s expansion into medium-voltage cables through its Ghiloth project.

The next disclosed milestone is commercialisation of the Ghiloth medium-voltage cable line on November 21, 2026. Investors can also track the execution of the order book over the indicated six-to-eight-month period and progress against management’s FY27 normalized revenue guidance of ₹370 crore.