Universal Cables Limited

Universal Cables Limited

1,357.35
INR
-25.60
(-1.85%)
57.74EPS
21.71P/E
43.50BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
260.97
295.3
260.49
233.17
336.74
404.97
449.29
364.37
518.31
629.89
576.92
685.92
863.37
970.59
Basic EPS, GAAP
-17.32
-15.01
6.9
20.32
23.83
39.16
25.96
19.38
21.6
34.05
31.19
25.76
47.01
57.74
Free Cash Flow per Basic Share
-27.78
-6.17
13.51
14.55
-19.12
-28.62
-4.73
18.46
-9.38
33.2
-7.98
3.62
-59.48
- -
Dividend per Share
0.03
0.04
0.03
0.01
0.03
1.82
2.4
2
1
1.5
3
2.98
4
- -
Book Value per Share
63.85
48.02
161.9
196.37
240.55
287.99
285.4
327.33
373.19
431.36
511.61
510.73
545.03
- -
Tangible Book Value per Share
63.7
47.94
161.81
196.2
240.41
287.89
285.34
327.3
373.14
431.28
511.54
510.42
544.62
- -
Basic Weighted Avg Shares
23
23
28
35
35
35
35
35
35
35
35
35
35
35
Sales/Revenue/Turnover
6,036
6,830
7,375
8,090
11,683
14,051
15,588
12,642
17,983
21,854
20,017
23,798
29,955
33,675
Operating Margin (%)
-2.2
1.08
7.86
7.34
7.74
11.2
9.23
5.11
5.49
7.5
6.94
6.33
7.43
7.46
Depreciation Expense
169
176
177
189
209
214
225
263
244
225
238
273
389
426
Net Income, GAAP
-401
-347
195
705
827
1,359
901
672
749
1,182
1,082
894
1,631
2,003
Effective Tax Rate (%)
- -
- -
- -
- -
2.01
20.12
38.64
24.95
23.98
22.01
24.91
23.9
24.97
21.99
Profit Margin (%)
-6.64
-5.08
2.65
8.71
7.08
9.67
5.78
5.32
4.17
5.41
5.41
3.76
5.45
5.95
Working Capital
385
561
1,431
1,532
1,799
2,667
2,557
2,373
3,948
4,829
4,463
5,321
4,056
- -
LT Debt
1,138
1,550
1,380
1,230
1,182
1,481
1,154
867
2,355
2,398
1,975
3,890
4,649
- -
Total Equity
1,477
1,111
5,617
6,813
8,346
9,992
9,902
11,357
12,948
14,966
17,750
17,720
18,910
- -
Return on Invested Capital (%)
- -
- -
- -
- -
7.76
8.84
5.62
2.91
4.03
6.16
4.44
4.49
5.85
- -
Return on Capital (%)
- -
- -
- -
- -
11.41
12.96
8.35
6.5
6.63
8.94
7.26
6.22
8.38
- -
Return on Common Equity (%)
-23.88
-26.82
5.81
11.34
10.91
14.82
9.06
6.32
6.17
8.47
6.62
5.04
8.91
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
7,124
- -
LT Borrowings
- -
4,639
- -
LT Finance Leases
- -
10
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
35
35
35
Market Capitalization
30,799
22,457
43,496

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
20,000
- -
Cash, Cash Equivalents & STI
- -
94
- -
Accounts Receivable, Net
- -
11,444
- -
Inventories
- -
6,075
- -
Total Current Liabilities
- -
15,943
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
7,124
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.21%
10.95%
6.72%
Free Cash Flow
-334.08%
-523.51%
-1,743.54%
Net Income, GAAP
40.89%
25.16%
82.48%
Sales/Revenue/Turnover
16.65%
20.03%
25.87%
Total Cash Common Dividend
591.43%
26.72%
34.45%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4,887
6,381
6,075
6,740
23,798
2026
6,002
8,143
7,679
8,403
29,955
2027
9,451
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.61
5.27
4.56
14.32
25.76
2026
9.68
13.74
7.84
15.94
47.01
2027
20.22
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2.98
2026
- -
- -
- -
- -
4
2027
- -
- -
- -
- -
- -

Company Description

CEO
Yashwant Singh Lodha
Full Time Employees
2,543
Sector
Electronic technology
Industry
Electronic components
Address
Signature Tower III, Tower ‘C’ Gurugram HA India 122001
IPO Date
Dec 23, 1994
Business
Universal Cables Limited manufactures and sells a wide range of electrical cables, wires, conductors, accessories, and power capacitors under the UNISTAR brand; its core products include 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, aerial bunched cables, specialty rubber cables for trailing and flexible applications, AAC and ACSR conductors, and all polypropylene capacitors such as low and high voltage capacitors from 415 VAC to 220 KVAC, harmonic filters, surge protection capacitors, automatic power factor correction panels, and medium frequency water-cooled capacitors for induction furnaces. The company, founded in 1945 and headquartered in Satna, Madhya Pradesh, India, with additional facilities and a presence in Mumbai, operates primarily in the power transmission and distribution sector, serving utilities, industries, EPC contractors, and export markets across more than 50 countries including South Africa, Ghana, and Switzerland; it belongs to the M.P. Birla Group and provides turnkey EPC solutions for EHV underground power cable systems, encompassing design, manufacturing, laying, jointing, installation, and commissioning. Universal Cables maintains technical collaborations with Furukawa Electric Co. Ltd., Japan, for VCV technology in EHV cables up to 400 kV and jointing accessories via Viscas Corporation, Japan (alliance of Furukawa and Fujikura), alongside historical partnerships with ABB Cables, Toshiba, and General Electric for capacitor production; recent developments include the completion of modernisation, technology upgradation, and capacity expansion for EHV power cables at its Satna facility, fully operational by December 2023, enabling seamless aluminium sheathing production and enhanced output of approximately 900 km annually, alongside execution of 400 kV cable supplies to government utilities and securing additional turnkey orders in this segment during 2023-24.