Diamond Power, Finolex, RR Kabel, Polycab shares: Wires and Cables sector companies are likely to post a strong quarter on value-led growth. Limited and are likely to outperform peers, according to InCred Equities report. Other than these two, , KEI, RR Kabel may also see double digit growth in the second quarter of financial year 2026-27.
Additionally, the brokerage hasn’t seen any material impact on the industry players since the launch of Ultravolt, UltraTech Cement’s cable business.
Cables and Wires (C&W) Q2 result preview
As higher copper and aluminium prices get passed through and volumes stay in low to mid-single digit, the segment is likely to witness another robust quarter, as per InCred Equities report. The segment is expected to see value-led growth.
Polycab India Q2 result preview
Polycab India is expected to see growth across its cables and wires, FMEG & EPC segments with revenue likely to surge nearly 39% on an annual basis. The company’s EBITDA may jump 20% on an annual basis, however, margin may fall 215 basis points annually to 13.6% due to the high inventory gain base during the quarter. The stock closed 1.21% higher at ₹8250 per share on Friday, October 9.
“Strong volume and value-led growth is expected to sustain for the cable and wire segment for Polycab India, with FMEG and EPC segments expected to report double-digit growth as well. We reckon EBITDA margin at ~13.6%, with a PAT growth of 22%, for the quarter,” stated the brokerage in its report.
Q2 result preview
The company’s revenue growth may jump 27% on an annual basis, whereas EBITDA is likely to grow by 48% on an annual basis on better product mix. “Margin in 2QFY27F is expected to be ~11.5% (vs ~9.9% yoy) due to a favourable product mix. PAT is expected to grow by ~40% yoy for the quarter.” KEI Industries share price closed 1.01% lower at ₹4583.00 per share on Friday.
RR Kabel result preview
RR Kabel may post 39% annual jump in its revenue growth and EBITDA may improve by 48% on an annual basis. However its profit after tax (PAT) may decline around 16% on a quarterly basis, as per InCred report. “RR Kabel is expected to continue its growth momentum in 2QFY27F supported by C&W segment, with FMEG growing by ~21% yoy,” stated the brokerage. The stock closed 0.46% higher at ₹2705.30 per share.
Finolex Cables Q2 result preview
Finolex Cables is likely to post 38% annual growth led by electrical cable segment and the high growth communications segment. “EBITDA margin is expected to be ~10.9%, driven by a better product mix and operating leverage. PAT is expected to grow by ~10% yoy for the quarter.” Finolex Cables stock closed 0.83% lower at ₹1390.25 per share.
Diamond Power Infrastructure Q2 result preview
The brokerage expects, the company to maintain its strong momentum in Q2, especially in MT/HT segment led by strong demand and robust order-book execution.
“Margins for the company are expected to be ~11.2% for the quarter with sustained robust profitability growth.” The stock closed 1.71% higher at ₹378.15 per share on on Friday.