Prime Cable Industries Releases Audited Financial Results for FY 2026 and H1 2026
Prime Cable Industries Limited (formerly Prime Cable Industries Pvt. Ltd.) announced the approval of its audited financial results for the half year and the full financial year ended March 31, 2026. The company’s Board of Directors considered and approved the financial results, along with the Independent Auditor’s Report on the said period.The company is engaged in the manufacturing of Low Voltage Control Cables, Power Cables, Aerial Bunch Cables, Instrumentation Cables, Housing/Building Wires, and Conductors, and currently operates solely within India.
Financial Performance Overview
The Standalone Audited Financial Results for the half year and financial year ended March 31, 2026, provide a detailed view of the company's financial standing.Profit and Loss Highlights (Standalone Audited Financial Results):
| Particulars | Half Year Ended Mar 31, 2026 | Year Ended Mar 31, 2026 |
|---|---|---|
| Total Income | 148,042 | N/A |
| Total Expenses | 1,336,000 | 7,99680 (287.78) |
| Profit Before Exceptional and Extraordinary Items and Tax | 11,5422 | 9,5325 |
| Profit Before Tax | 96422 | 632 |
| Profit After Tax from continuing operations | 76527882 | 122388 |
| Earnings per basic share (Rs.) | 888 | 535 |
***
Balance Sheet Summary (All amounts in Rs. Lakhs):
The company’s total equity and liabilities totaled 16,506.27 for the period ended March 31, 2026, compared to 9,207.60 on March 31, 2025.
| PARTICULARS | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|
| Shareholders fund | ||
| Share Capital | 916.20 | 686.83 |
| Reserve & Surplus | 5,161.43 | 1,460.31 |
| Long Term Borrowing | 1,055.92 | 1,415.45 |
| Total outstanding dues of creditors other than micro enterprises and small enterprises. | 3,853.57 | 3,266.76 |
| Short Term Provisions | 228.76 | 6,205.48 |
| TOTAL EQUITY & LIABILITIES | 16,506.27 | 9,207.60 |
| TOTAL ASSETS | 16,506.27 | 9,207.60 |
***
Cash Flow Statement Summary:
The Cash Flow Statement for the year ended March 31, 2026, showed a Net Cash flow from Operating activities of (1,320.58).
| PARTICULARS | For the Year ended March 31, 2026 | For the Year ended March 31, 2025 |
|---|---|---|
| Operating Profit before Working Capital Changes | 2,158.68 | N/A |
| Cash generated from operations | (3,090.23) | N/A |
| Net Cash flow from Operating activities | (1,320.58) | N/A |
| Net Cash flow from Investing activities | (1,995.95) | (558.94) |
| Net Cash flow from Financing activities | 427,966 | 230 |
| Closing Balance of Cash & Cash Equivalents | 2272,985.86 | 272 |
Audit and Corporate Updates
The company confirmed that the statutory auditors issued an Audit Report with unmodified opinion on the Standalone Audited Financial Results for the financial year ended March 31, 2026.The company had completed an initial public offering (IPO) of 42,22,400 equity shares of face value of Rs. 5/- each at a price of Rs. 83/- per equity share, aggregating to Rs. 3504 Lakhs. These shares were listed on the NSE Emerge Platform on September 26, 2025.
The Board of Directors further approved the audited financial results of the Company for the half year and financial year ended March 31, 2026, and considered all other businesses as per the circulated agenda.
PRIMECAB Stock Price Movement
Today, Prime Cable Industries Limited shares edged higher, settling at ₹118.85 after representing a robust 4.99% gain. The stock closed on a volume of 83,200 shares, finishing near its day's peak of ₹118.85 within a trading range of ₹109 to ₹118.85.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: