Vidya Wires Limited — Q4FY26 Earnings Call Summary

VIDYAWIRES · Q4FY26 · Filed 18 May 2026

Key Takeaways

• FY27 volume growth expected strong with new product mix in EV, renewables, transformers; EBITDA per ton to improve
• ALCU Industries plant started Feb 7, 2026; phased ramp-up with 800 MT volume in Q4; full 36,000 MT capacity expected by Oct 2026
• Optimum capacity utilization of new plant expected at 50-60% in FY27 and ~80% in FY28
• FY26 revenue 18.4bn INR +24.2% y-y; EBITDA 857.8m INR margin 4.66% +35 bps y-y; PAT 576.1m INR
• Multiple analyst queries on volume growth, margin trajectory, new product ramp-up addressed
• Tax subsidy on new plant expected to cover 45-50% of investment over 10 years
• Competition present but diversified product portfolio and capacity expansion to support market share gains
• New products like aluminium paper conductors, PV round ribbon, CTC, copper foils to drive margin expansion
• Working capital cycle targeted to reduce from 60 to ~50 days by improving debtor days and credit period
• Export share currently 12%, targeting 25%; export margins higher than domestic

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.