Vindhya Telelinks Q2 FY2026 Results Show 143% Profit Surge and 51% EBITDA Growth Driven by Strong Cable and EPC Segments

Vindhya Telelinks Q2 FY2026 Financial Results

Vindhya Telelinks Limited (NSE: VINDHYATEL), part of the MP Birla Group, announced its financial results for the quarter ended 30 September 2025 (Q2 FY26), delivering a robust performance with strong profitability and operational efficiency. The stock gained over 11% on the results announcement.

Stock Performance & Key Metrics

As of November 13, 2025 (11:04 a.m.):

• Current Price: ₹1,519
• Change: +11.26%
• Market Cap: ₹1,800 Crores
• High / Low (₹): 2,286 / 1,155
• Stock P/E: 6.77
• Industry P/E: 17.0
• Book Value: ₹3,585
• Dividend Yield: 1.08%
• ROCE: 7.64%
• ROE: 5.03%
• Face Value: ₹10
• EPS (TTM): ₹225
• Debt to Equity: 0.33
• Debt: ₹1,400 Crores
• PEG Ratio: 4.20

Q2 FY2026 Financial Highlights

Results Summary

Vindhya Telelinks reported revenue of ₹960 crore for Q2 FY26, marking a 1% year-on-year rise compared to ₹953 crore in Q2 FY25, and a 6% sequential increase from ₹908 crore in Q1 FY26. EBITDA rose sharply by 51% YoY to ₹72.2 crore, highlighting improved operational efficiency, cost control, and product mix optimization. Net Profit (PAT) surged 143% YoY to ₹59.1 crore, up from ₹24.4 crore a year ago, and remained steady sequentially from ₹58.6 crore in Q1 FY26. EPS grew to ₹49.89 from ₹20.56 in Q2 FY25, reflecting the strong profit expansion.

The performance underscores VTL’s ability to sustain growth across both Cable and EPC divisions, despite global macroeconomic challenges and supply chain disruptions.

Segment Performance (Based on Press Release)

• Cable Division:

Continued growth was driven by strong demand for Solar PV, Railway, and Speciality Optical Fibre Cables in both domestic and export markets. EBITDA for the segment rose to ₹21.7 Cr (₹18.6 Cr YoY), aided by an improved product mix and cost efficiency.

• EPC Division:

Recorded revenue of ₹746 Cr compared to ₹756 Cr YoY, with EBITDA improving to ₹60.5 Cr (from ₹50.2 Cr YoY). Despite temporary funding delays in key government projects such as the UP–JJM Project, the division maintained profitability through efficient execution and disciplined resource management.

As of 30 September 2025, receivables under the UP–JJM Project stood at ₹845.6 Cr, and the company remains engaged with authorities to ensure timely fund release.

Strategic Updates

• Capacity Expansion:
• ₹55.1 Cr project for E-Beam Crosslinked Solar PV and Speciality Copper Cables nearing completion, expected operational by FY26-end.
• ₹36.7 Cr investment approved to expand Speciality Optical Fibre Cable capacity, expected completion by October 2026.
• Order Book:

Approximately ₹6,150 Crores across Cable and EPC segments, providing strong visibility for future growth.

• Operational Efficiency:

Enhanced focus on localisation, product innovation, and efficient project management across infrastructure verticals.

Management Commentary

> “Vindhya Telelinks remains steadfast in its long-term vision to support India’s critical infrastructure development through technology-driven, sustainable, and high-quality solutions,” > said Shri Y. S. Lodha, Managing Director & CEO of the company. > “Our diversified portfolio, ongoing capacity augmentation, and solid order book provide confidence in delivering steady growth in coming quarters.”

Strategic Outlook

Vindhya Telelinks’ Cable and EPC businesses are well positioned to capitalise on India’s infrastructure and renewable energy investments. The management expects continued demand for optical fibre, solar PV cables, and EPC solutions under the PM Gati Shakti and PLI initiatives.

The company continues to maintain a strong balance sheet and is exploring strategic opportunities to monetise its IP-1 passive fibre network assets spread across multiple states.

About Company

Vindhya Telelinks Limited (VTL), part of the MP Birla Group, is a leading Indian company engaged in manufacturing and sales of Telecommunication Cables, Optical Fibre Cables, Solar PV Cables, Railway Cables, and Speciality Cables. It also provides comprehensive Engineering, Procurement, and Construction (EPC) services across the Telecom, Power, Water, Irrigation, and Solar infrastructure sectors.

The company operates from its manufacturing facility at Rewa (Madhya Pradesh) and EPC division at Noida (Uttar Pradesh), serving both domestic and international markets. VTL’s robust order book and continued investment in capacity expansion reinforce its commitment to innovation and infrastructure growth.

Source

For detailed financial results, refer to the company’s official filing and press release: https://www.bseindia.com/xml-data/corpfiling/AttachLive/8d2c8afd-1c7d-460f-85f3-1864a971d3c6.pdf

*Data as per official BSE filing | Results approved by Board of Directors on November 12, 2025*