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Universal Cables Ltd

₹ 742-1.68%
16 Jan 4:01 p.m. – close price
🔗unistar.co.in•BSE: 504212•NSE: UNIVCABLES
Market Cap₹ 2,573 Cr.
Current Price₹ 742
High / Low₹ 1,008
Stock P/E27.7
Book Value₹ 261
Dividend Yield0.52 %
ROCE10.5 %
ROE6.74 %
Face Value₹ 10.0
Sales₹ 2,696 Cr.
OPM8.62 %
Mar Cap₹ 2,573 Cr.

ABOUT

Universal Cables Ltd is predominantly engaged in the business of manufacturing a large range of power cables from 1.1kV to 400kV & capacitors, Turnkey Projectsrelating thereto and other types of wires and cables, conductors, etc.[1]

KEY POINTS

Business Division[1]**Cable- ** It offers Low Voltage, Medium Voltage and Extra High Voltage XLPE Power Cables up to 500 kV grade, PVC and Rubber Insulated Power Cables up to 11 kV grade, Control and Instrumentation Cables up to 1.1 kV.

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsOrder Book PositionLarge Order ReceiptsJv Partnerships AcquisitionsCredit Rating Updates

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Polycab India7130.9543.69107354.410.49692.9655.856477.2117.8029.7224595.0514.732461.81685.4610.2215.150.02
2.KEI Industries4332.6052.3841409.530.09203.5131.462726.3519.3821.2910703.7110.04790.62203.516.6911.700.04
3.R R Kabel1474.5041.3416675.010.40116.26134.732163.7719.5419.778222.357.57403.73116.267.079.490.17
4.Finolex Cables780.0519.8311931.571.03186.8927.931375.794.8816.215548.0010.26601.51186.892.4811.250.00
5.Universal Cables741.6527.732573.190.5236.5593.39814.2927.6110.542696.058.6292.7636.552.832.681.12
6.KSH Internationa364.0529.192466.700.0029.59128.85712.1550.7321.451928.296.3967.9929.59–11.081.40
7.V-Marc India657.4026.251605.440.0036.44220.49691.54100.3226.431251.2011.2761.1736.447.126.601.07
–Median: 20 Co.306.7519.961185.20.011.5236.3239.6920.9220.19728.569.3331.8411.233.249.690.3

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
514591583479494467580489638608674600814
Expenses
468548531443471426519457591569612542741
Operating Profit
46435237234161324739625874
Other Income
941313533974210
Profit before tax
251820138153422312342848
Tax %
21%23%27%28%3%27%24%23%18%19%20%29%23%
Net Profit
20131598112621910272037
EPS in Rs
5.803.874.202.642.303.207.500.485.452.807.785.6210.53

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
6156937488171,1801,4151,5681,2801,8132,2022,0202,4072,696
Expenses
6206696737421,0731,2401,4021,1891,6902,0161,8592,2272,464
Operating Profit
-525757510717516691123185162180232
Other Income
1191211111215131918242223
Interest
3351514453627763789791104103
Depreciation
17181819212123262422242731
Profit before tax
-44-35172344103811540837071121
Net Profit
-40-352029426965123063545793
EPS in Rs
-11.54-10.005.638.3912.0919.8918.603.518.7918.2115.6416.5126.73
Dividend Payout %
0%0%0%0%12%10%11%29%17%16%19%24%–

Compounded Sales Growth

10 Years:13%
5 Years:9%
3 Years:10%
TTM:24%

Compounded Profit Growth

10 Years:14%
5 Years:-2%
3 Years:24%
TTM:61%

Stock Price CAGR

10 Years:26%
5 Years:40%
3 Years:34%
1 Year:-1%

Return on Equity

10 Years:9%
5 Years:7%
3 Years:8%
Last Year:7%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
23233535353535353535353535
Reserves
12588153252302391410453528673829811871
Borrowings
3073653112883945416216096946577718491,014
Other Liabilities
139145168175299310394393530403477493730
Total Liabilities
5946216677501,0291,2771,4601,4901,7861,7672,1112,1882,649
Fixed Assets
155145135134122155172187167161200255329
Gross Block
313.45323.38329.08152.80161.23214.49253.90294.63298.49314.74376.83457.61–
Accumulated Depreciation
158.63177.99194.4618.8939.7159.4481.48107.59131.93153.88176.89202.25–
CWIP
100017217021103558
Investments
515151123136166125164218316444387401
Other Assets
3874244804927569541,1461,1381,4001,2801,4671,5111,861
Total Assets
5946216677501,0291,2771,4601,4901,7861,7672,1112,1882,649

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
-35-54670-42-593890-1214333176
Cash from Investing Activity
-25-6-0-13-18-27-42-16-7-15-50-141
Cash from Financing Activity
6211-44-6162844-7216-12718-31
Net Cash Flow
2-02-32-1-02-3014

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
133126150139159157187229195148195138
Inventory Days
77758589711018910179617079
Days Payable
757849511496106124118638264
Cash Conversion Cycle
134194151133116162169206155146183153
Working Capital Days
202763675368586679798079
ROCE %
-3%3%13%12%15%20%16%7%10%14%11%11%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
61.89%61.89%61.89%61.89%61.89%61.89%61.89%61.89%61.89%61.89%61.89%61.89%
FIIs
0.35%0.36%0.35%0.31%0.34%0.30%0.37%0.18%0.24%0.18%0.18%0.41%
DIIs
2.40%2.55%2.48%3.01%5.25%6.18%5.24%6.63%6.58%6.62%6.66%6.10%
Public
35.36%35.20%35.28%34.80%32.50%31.62%32.49%31.28%31.28%31.31%31.28%31.61%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Universal Cables Launches Special Window for Physical Share Dematerialization

15th April 2026, 10:43 pm

Universal Cables Limited Confirms SEBI Compliance for Share Dematerialization

2nd April 2026, 6:16 pm

Universal Cables to Close Trading Window from April 1, 2026, Ahead of Financial Results

26th March 2026, 6:17 pm

Universal Cables Ltd - 504212 - Announcement under Regulation 30 (LODR)-Newspaper Publication

20th February 2026, 9:39 pm

CARE Ratings Reaffirms Stable Credit Ratings for Universal Cables Ltd.'s ₹3,070 Cr Bank Facilities

13th February 2026, 11:34 pm

Published by Other Websites

External media mentions & references

Indian Markets Slip Second Day; Infosys Misses Profit Despite Guidance

16th January 2026, 6:59 am

Uncover India's Next Multibaggers: 3 Hidden Cable Stocks Set for Explosive Growth!

25th December 2025, 7:19 am

Analysts Reveal Top Stock Buy Ideas for November 17: Lupin, Jio Financial Services, Bharat Forge Featured

16th November 2025, 6:50 pm

63 Indian Companies Turn Ex-Dividend Today, Investors Notified of Eligibility Cut-off

4th September 2025, 7:42 am

Multiple Companies Set to Trade Ex-Dividend Next Week

31st August 2025, 6:02 am

News Articles

Editorial & research coverage

Indian Markets Slip Second Day; Infosys Misses Profit Despite Guidance
Indian Markets Slip Second Day; Infosys Misses Profit Despite Guidance

16th January 2026, 6:59 am

Uncover India's Next Multibaggers: 3 Hidden Cable Stocks Set for Explosive Growth!
Uncover India's Next Multibaggers: 3 Hidden Cable Stocks Set for Explosive Growth!

25th December 2025, 7:19 am

Analysts Reveal Top Stock Buy Ideas for November 17: Lupin, Jio Financial Services, Bharat Forge Featured
Analysts Reveal Top Stock Buy Ideas for November 17: Lupin, Jio Financial Services, Bharat Forge Featured

16th November 2025, 6:50 pm

Universal Cables Posts Near Doubled Profits, Boosts Expansion Plans
Universal Cables Posts Near Doubled Profits, Boosts Expansion Plans
Universal Cables Surges: Profit Up 147%, Revenue Boosts 26% Amid Expansion
Universal Cables Surges: Profit Up 147%, Revenue Boosts 26% Amid Expansion

Documents

Announcements

Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

1d - Universal Cables to manufacture HTLS conductors under 12-month license with TS Conductor Corp, USA, at Satna plant.

Announcement under Regulation 30 (LODR)-Change in Management

12 Jan - Amit Kasture resigns as AVP (Works)/Factory Manager, Goa unit effective COB 12 January 2026.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

6 Jan - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st December, 2025

Closure of Trading Window

25 Dec - Trading window closed from 1 Jan 2026 until 48 hours after unaudited Q3/9M (31 Dec 2025) results.

Announcement under Regulation 30 (LODR)-Change in Management

29 Nov 2025 - Mr. Hemant S. Talele resigned as VP — Capacitor Production effective COB 29 Nov 2025 (personal reasons).

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2011

(from bse)

Credit Ratings

Rating update

9 Jul 2025 from care

Rating update

5 Jul 2024 from care

Rating update

9 Oct 2023 from care

Rating update

4 Jul 2023 from care

Rating update

13 Dec 2022 from care

Rating update

2 Nov 2021 from care

Concalls

No concalls.

Stock Analysis

Description

Universal Cables Ltd. is primarily engaged in the manufacturing of a wide range of power cables, capacitors, and turnkey projects in the wires and cables sector.

Key Growth Triggers

  1. Strategic manufacturing agreement with TS Conductor Corp, USA, to produce advanced HTLS Conductors.
  2. Access to proprietary TS® Aluminium Encapsulated Composite Core technology and intellectual property.
  3. Opportunity to strengthen the conductor portfolio and tap into the growing high-performance conductor market in power transmission solutions.

Order Book

Order Book: September 2025 = ₹2945 crore

Key Red Flags

Currently no data available for Key Red Flags.

Key Dates To Watch

  1. The agreement is initially valid for twelve (12) months from the effective date, with provisions for renewal.

Corporate Announcements

15th Apr 26
Impact Rating: -
No description available.
2nd Apr 26
Impact Rating: 3
Universal Cables Limited submitted its compliance certificate for SEBI Regulation 74(5) for the quarter ended March 31, 2026, confirming dematerialized securities were processed.
26th Mar 26
Impact Rating: 5
In compliance with SEBI regulations, Universal Cables Limited will observe a trading window closure for designated persons and their relatives, effective April 1, 2026, until 48 hours after the announcement of Q4 FY26 audited results.
20th Feb 26
Impact Rating: -
No description available.
13th Feb 26
Impact Rating: 6
CARE Ratings has reaffirmed Universal Cables Ltd.'s credit ratings, maintaining 'CARE A; Stable' for long-term facilities and 'CARE A1' for short-term facilities, with enhancements in credit lines totaling ₹3,070 Cr.