Consumer Durables – Jul-Sep’26 Earnings Preview – Strong W&C Growth and while RAC growth continues
Published on 06 Oct 2026
W&C companies under our coverage are expected to report strong revenue growth in Q2FY27, supported by commodity-led realization gains, and healthy domestic sales, with cables continuing to outperform wires. The FMEG segment is expected to see a gradual recovery in Q2FY27, supported by price-led growth across appliances and consumer electricals, although demand remains mixed across categories. The RAC segment is expected to witness healthy growth, supported by strong demand in Jul’26-Aug’26, while margins are likely to remain under pressure. We expect our consumer durables universe to register sales/EBITDA/PAT growth of 29.5%/18.2%/19.3% YoY in Q2FY27. Furthermore, we anticipate RRKABEL, POLYCAB, and KEII to outperform, while BJE and CROMPTON to underperform in sales. In terms of profitability, VOLT is expected to outperform.
