Vindhya Telelinks FY26 Revenue Drops 11.38%, PAT Up 8.55%
Vindhya Telelinks Limited, [NSE: VINDHYATEL, BSE: 517015], a manufacturer and seller of various types of cables, has published its Q4 FY26 and FY26 financial results. FY26 results were mixed as revenue dropped significantly.
Vindhya Telelinks Standalone Financials; Q4 FY26 & FY26
In Q4 FY26, the company clocked a standalone revenue of Rs. 1,005.02 crore and a corresponding Profit After Tax (PAT) of Rs. 19.85 crore.
For the full FY26, Vindhya Telelinks reported standalone revenue of Rs. 3,566.29 crore and PAT of Rs. 52.79 crore.
Vindhya Telelinks Consolidated Financial Figures; Q4 FY26 & FY26
YoY Analysis of Vindhya Telelinks’ Results: Q4 FY26 vs. Q4 FY25 & FY26 vs. FY25
Vindhya Telelinks’ consolidated revenue in Q4 FY26 stood at Rs. 1,009.30 crore, which is a reduction of 18.02% YoY from Q4 FY25’s revenue of Rs. 1,231.22 crore. Following this downward trend, Q4 FY26’s PAT fell by 5.86% to Rs. 103.47 crore from Q4 FY25’s PAT of Rs. 109.94 crore.
During the entire FY26, the company’s consolidated revenue was reported at Rs. 3,593.21 crore, highlighting a reduction of 11.38% from FY25’s revenue of Rs. 4,054.40 crore. Whereas, FY26’s PAT grew by 8.55% to Rs. 220.18 crore from FY25’s PAT of Rs. 202.84 crore.
Company’s Earnings Per Share (EPS) stood at Rs. 87.31 for Q4 FY26, and at Rs. 185.79 for the entire FY26.
QoQ Comparison of Vindhya Telelinks’ Financials: Q4 FY26 vs. Q3 FY26
While full-year revenues softened, a sharp rebound in the fourth quarter provided vital breathing room for Vindhya Telelinks.
Quarter-over-Quarter analysis shows a strong growth in revenue of 40.85% in Q4 FY26 as compared to Rs. 716.56 crore reported in Q3 FY26. As for PAT, the company had reported a loss of Rs. 1.04 crore in Q3 of FY26, reversed in Q4 FY26 to a profit of Rs. 103.47 crore.
Segment-Wise Performance Analysis: Q4 FY26 vs. Q4 FY25 and FY26 Vs. FY25
Cables Business Vertical Grew in FY26
Vindhya Telelinks’ Cables business vertical delivered growth on both a full-year and quarterly year-on-year basis. For Q4 FY26, the segment brought in a revenue of Rs. 279.56 crore, i.e., an increase of 34.96% from Q4 FY25’s revenue of Rs. 207.14 crore.
The Cables segment grew 11.60% year-on-year, with revenue climbing to Rs. 884.10 crore in FY26 from Rs. 792.22 crore in FY25.
Additionally, looking at the growth surge in sectors such as artificial intelligence (AI) and hyperscale data centres, the company is expanding its manufacturing capacity for OFCs and advanced specialty OFC products with an increased capital outlay of approximately Rs. 101.70 crore.
EPC Business Vertical Faces Decline in Revenue & PAT
Vindhya Telelinks’ Engineering Procurement Construction (EPC) segment saw a YoY decrease in revenue on both annual and quarterly performance. The Q4 FY26 segmental revenue crashed by 28.43% to Rs. 739.77 crore compared to Rs. 1,033.61 crore reported in Q4 FY25.
The company generated a segmental revenue of Rs. 2,735.91 crore for its EPC business over the entire FY26, which is 17.23% lower than FY25’s revenue of Rs. 3,305.43 crore.
Conversely to Cables business segment’s growth, the EPC segment faced a decline in both revenue and PAT. Vindhya Telelinks attributed its EPC contraction to sluggish government funding, citing delayed disbursements under the UP-Jal Jeevan Mission (UP-JJM) as a key hurdle. This caused delays in project execution and shifted the revenue recognition out of FY26 to a future period.
About Vindhya Telelinks Limited: Vindhya Telelinks was formed as a Public-Private venture between Universal Cables Limited and the Madhya Pradesh State Industrial Development Corporation Limited. The company started production in 1986 at its plant at Rewa, Madhya Pradesh. Vindhya Telelinks Ltd. manufactures a wide variety of cables such as Optical Fibre Cables, Copper Cables, Power Cables, Solar Cables, and Telecom Fibre Accessories. The company has a substantial EPC portfolio.
