RR Kabel Limited, incorporated in 1995 and headquartered in Vadodara, India, is a premier Indian electrical equipment manufacturer. The company provides a comprehensive range of consumer electrical products for residential, commercial, industrial, and infrastructure applications. Its diverse product portfolio is segmented into two major categories: Wires and Cables, and Fast Moving Electrical Goods (FMEG).
The company owns and operates five integrated manufacturing facilities across India. Specifically, its facilities in Waghodia, Gujarat, and Silvassa, Dadra and Nagar Haveli and Daman and Diu, are dedicated to the production of wires, cables, and switches.
RR Kabel's core business revolves around its wires and cables division, where it holds a significant market presence with a 40% market share in the Indian electrical industry as of FY24. This segment includes a wide range of products such as:
- House wires
- Industrial wires
- Power cables
- Control cables
- Solar cables
- Special cables
Key product brands in this segment include 'Firex LS0H', 'Superex', 'Unilay', and various medium and high voltage power and control cables.
The company has strategically invested in backward integration to enhance quality and cost competitiveness. It manufactures several critical raw materials in-house at its Waghodia and Silvassa facilities, including polyvinyl chloride (PVC) compound, LS0H compound, cross-linked polythene (XLPE) compound, and solar cable compound.
The FMEG segment represents RR Kabel's successful diversification beyond its traditional cable business. This segment's product offerings include:
- Appliances: Room heaters, water heaters, coolers, and irons, sold under the brand name RR Signature Appliances.
- Switches & Switchgear: Modular switches, Miniature Circuit Breakers (MCBs), and Distribution Boxes.
- Fans: Ceiling fans, table/pedestal fans, and exhaust fans, marketed under the brand RR Signature Fans.
- Lighting: Bulbs, panels, streetlights, and downlights, also under the brand RR Signature Lights.
RR Kabel demonstrated strong financial performance in FY25, characterized by resilience and growth across key metrics.
- Full Year FY25:
- Net Profit: Rose 4.52% to ₹311.61 crore (compared to ₹298.13 crore in FY24).
- Sales: Increased 15.52% to ₹7,618.23 crore (compared to ₹6,594.57 crore in FY24).
- Q4 FY25:
- Net Profit: Soared 64.04% to ₹129.13 crore (compared to ₹78.72 crore in Q4 FY24).
- Sales: Grew 26.44% to ₹2,217.84 crore (compared to ₹1,754.07 crore in Q4 FY24).
- EBITDA: Increased by 69.4% to ₹195.8 crore.
- EBITDA Margin: Improved to 8.8% in Q4 FY25, up from 6.6% in Q4 FY24.
- Revenue: ₹7,618.23 crore
- Net Profit: ₹311.61 crore
The company's board has declared a final dividend of ₹3.50 per share on equity shares with a face value of ₹5 each for the financial year 2024-25.
RR Kabel places a strong emphasis on innovation and product development. As of June 30, 2023, the company had a dedicated R&D team of 60 employees, with 22 exclusively focused on FMEG products. The central quality and test laboratory for wires and cables at its Waghodia facility in Gujarat is accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL) and is capable of performing 694 tests on its products, ensuring high quality and safety standards.
The company's commitment to quality is underscored by its numerous international certifications. Certain products manufactured at its Waghodia facility hold over 30 global accreditations and registrations from prestigious bodies such as BASEC, UL, CSA, VDE, Intertek, TUV Rheinland, and BIS.
RR Kabel has outlined ambitious expansion plans to capitalize on burgeoning market opportunities. The company intends to invest ₹1,450 crore in capital expenditure to expand its cable manufacturing capacity by 42,000 MT by 2028. Additionally, on May 31, 2025, it commissioned a 10.2 MW hybrid wind-solar captive power project in Gujarat.
The demand for wires and cables (such as flexible, control, and instrumentation cables) and FMEG products in India is expected to surge due to the emergence of new-age sectors. These include the construction of Multimodal Logistics Parks (MMLPs) under the Gati Shakti National Master Plan, local data centers, and new airports. RR Kabel is strategically positioned to capture a significant share of this growth, leveraging its existing market share, strong brand recognition, diversified product portfolio, innovation capabilities, scale of operations, certified manufacturing facilities, product quality and safety, and extensive distribution network.
As of recent trading data, RR Kabel Ltd has a market capitalization of ₹138.93 billion. Promoter holding in RR Kabel Ltd decreased slightly to 61.80% as of March 2025, from 61.88% as of June 2024.
RR Kabel continues to solidify its leadership in India's electrical industry, driven by strategic investments, operational excellence, and a diversified product portfolio designed to meet the evolving demands of the Indian market.
