Karachi: Fast Cables Limited has reported robust financial performance for the fiscal year 2026 and the first quarter of fiscal year 2027, as disclosed in its corporate briefing session held on October 28, 2026. The company, a notable player in the electrical cables market, detailed a series of financial achievements, highlighting a significant leap in both revenue and profit.

For fiscal year 2026, Fast Cables recorded a net revenue of Rs 38.72 billion, marking a 21.5% year-on-year growth from Rs 31.86 billion in fiscal year 2025. This growth trajectory was accompanied by a gross profit of Rs 7.23 billion, up 34.5%, with a gross profit margin increasing from 16.9% to 18.7%.

The company's operating profit also saw a substantial rise, reaching Rs 5.07 billion, compared to Rs 3.48 billion the previous year. This 45.5% increase in operating profit pushed the operating profit margin to 13.1%, up from 10.9%.

According to information available from the Pakistan Stock Exchange (PSX), Fast Cables' earnings before interest, taxes, depreciation, and amortization (EBITDA) climbed to Rs 5.71 billion, indicating a 32% year-on-year growth. The profit after tax for FY 2026 was Rs 2.11 billion, a 66.2% increase, with a net profit margin of 5.5%, up from 4.0% in FY 2025.

Earnings per share rose to Rs 3.28 from Rs 1.97, reflecting a 66.5% growth. Over a five-year period, Fast Cables witnessed a topline compound annual growth rate (CAGR) of 13.9%, with revenue increasing from Rs 23.0 billion in FY 2022 to Rs 38.7 billion in FY 2026. Net profit exhibited a 19.3% bottom-line CAGR over the same period, growing from Rs 1.04 billion to Rs 2.11 billion.

The designated market category remains focused on the electrical cables sector, where Fast Cables continues to strengthen its position with consistent financial growth and performance improvements.