Cords Cable’s Q1 FY27 Profit Doubles, Revenue Grows 9% YoY
Cords Cable Industries Ltd. [NSE: CORDSCABLE, BOM: 532941], a Delhi-based cable manufacturer, has announced its Q1 FY27 financial results.
Cords Cable Q1 FY27 Financial Performance
YoY Analysis of Cords’ Results: Q1 FY27 vs. Q1 FY26
The company’s revenue increased to Rs. 247.20 crore in Q1 FY27 from Rs. 225.70 crore in Q1 FY26. This showed a YoY increase of 9.53% in the company’s revenue. Interestingly Cords Cable’s Profit After Tax (PAT) grew 102% to Rs. 7.80 crore in Q1 FY27 from Rs. 3.87 crore in Q1 FY26.
Consequently, Cords Cable’s Earnings Per Share (EPS) were Rs. 6.01 in Q1 FY27 against Rs. 2.97 in Q1 FY26.
QoQ Comparison of Cords Cable’s Financials: Q1 FY27 vs. Q4 FY26
Cords’ top line slumped by 7.38% Quarter-over-Quarter (QoQ) from Rs. 266.90 crore clocked during Q4 of FY26. The company’s PAT decreased by 5.80% to Rs. 8.28 crore in Q4 FY26.
Management Insights on Cords Cable’s Q1 FY27 Financials
Highlighting his views on Cords Cable’s Q1 FY27 results, Mr. Naveen Sawhney, CMD of the company, said, “The first quarter of financial year 2026-27 was good for us, except that some of the finished goods could not be dispatched due to the crisis in the Middle East. As far as the bottom line is concerned, the performance was much better. Overall, we expect strong growth in our revenues and bottom line”.
Further commenting on the company’s overseas business, Mr. Sawhney added that the company is expecting a quantum jump in its overseas business, which is expected to account for more than 20% of the company’s revenue. “Overall, we are confident of achieving a decent double-digit increase in revenue,” he said.
Mr. Sandeep Kumar, Chief Financial Officer of Cords Cable, said that during the quarter ended 30th June 2026, the company’s performance remained consistently strong. The company achieved sustainable top-line growth. However, due to the West Asian war situation volatility in raw material prices increased the cost of raw material consumption. Further, the non-availability of shipping lines also slowed down export turnover.
“Despite these headwinds, the company improved its margins, supported by a favourable product mix and better absorption of manufacturing and operating costs. The company continues to strengthen its product portfolio by increasing the share of value-added and customised cable solutions,” Mr. Kumar added.
Commenting on the company’s future growth, Mr. Kumar said that production volumes and capacity utilisation are being optimised in line with confirmed orders, demand visibility, inventory norms, and prudent working-capital management. The company also remains focused on improving manufacturing efficiency through targeted debottlenecking initiatives and process improvements across its manufacturing operations.
About Cords Cable: Cords Cable Industries was established in 1987 and has two manufacturing facilities, one at Chopanki and the other at Kahrani in Rajasthan. The company’s portfolio comprises Instrumentation cables, Thermocouple cables, Power cables, Control cables, and other Special cables to provide solutions for industrial connectivity requirements such as Railway Signalling, SCADA, DCS, and other plant instrumentation requirements.
