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Ultracab (India) Limited

Ultracab (India) Limited

ULTRACAB.BO
Ultracab (India) LimitedIN flagBombay Stock Exchange
7.15
INR
-0.16
- -
879.15MMarket Cap
Ultracab (India) Limited
ULTRACAB.BO
(Bombay Stock Exchange)

Recent

price

7.15

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
10.62
5.29
4.23
4.67
5.02
7.47
6.75
7.2
8.66
10.9
12.92
24.38
- -
20.86
Revenue per Share
0.24
0.05
0.06
0.04
0.08
0.12
0.11
0.21
0.32
0.59
0.63
0.99
- -
0.45
Basic EPS, GAAP
0.1
-1
-0.18
0.06
-0.22
- -
0.04
-0.36
-0.16
0.5
-2.69
-0.93
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.39
1.47
1.1
1.84
1.62
1.73
1.84
2.05
2.67
3.26
3.98
5.38
- -
1.97
Book Value per Share
2.1
2.28
1.84
2.2
1.93
2.03
2.14
2.35
2.67
3.26
3.98
8.89
- -
7.44
Tangible Book Value per Share
30
66
98
83
98
98
98
98
98
98
95
98
- -
125
Basic Weighted Avg Shares
317
351
413
389
492
732
662
707
850
1,068
1,233
2,394
2,601
2,601
Sales/Revenue/Turnover
11.26
9.31
7.09
6.32
6.58
5.86
7.67
9.1
9.41
10.67
9.86
7.62
3.91
3.91
Operating Margin (%)
5
5
6
6
8
8
6
7
8
8
9
12
16
16
Depreciation Expense
7
3
6
3
8
12
10
20
31
58
60
97
56
56
Net Income, GAAP
34.79
49.71
16.98
29.94
31.77
22.73
39.35
20.2
29.96
25.15
29.12
29.11
24.72
24.72
Effective Tax Rate (%)
2.28
0.96
1.48
0.79
1.53
1.59
1.57
2.89
3.7
5.45
4.85
4.06
2.15
2.15
Profit Margin (%)
63
120
142
138
176
196
203
250
300
304
617
787
811
811
Working Capital
38
6
11
6
37
47
43
83
99
49
314
32
17
17
LT Debt
63
151
180
183
189
200
210
230
262
320
380
873
927
927
Total Equity
- -
6.71
8.13
5.19
5.85
7.49
6.36
9.13
8.7
12.53
10.55
11.79
5.83
5.83
Return on Invested Capital (%)
- -
5.37
9.49
6.21
6.32
7.94
6.44
9.77
8.5
12.52
10.87
14.71
10.54
10.54
Return on Capital (%)
- -
4.86
5.97
2.35
4.83
7.09
5.93
10.72
13.59
20.01
17.09
21.41
14.43
14.43
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
269
- -
426
LT Borrowings
25
- -
17
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
123
- -
123
Market Capitalization
1,070
1,039
678

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,275
- -
1,434
Cash, Cash Equivalents & STI
34
- -
63
Accounts Receivable, Net
313
- -
453
Inventories
879
- -
900
Total Current Liabilities
475
- -
623
Payables & Accruals
- -
- -
- -
ST Debt
269
- -
426
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.63%
38.13%
6.24%
Free Cash Flow
-238.45%
-254.78%
-123.69%
Net Income, GAAP
39.92%
32.38%
-42.52%
Sales/Revenue/Turnover
23.1%
32.85%
8.63%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
262
312
220
438
1,233
2025
537
555
572
730
2,394
2026
601
577
624
799
2,601

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
0.16
0.17
- -
0.63
2025
0.22
0.26
0.28
0.22
0.99
2026
0.14
0.12
0.08
0.11
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Ultracab (India) Limited is a manufacturer and exporter of electric wires and cables, specializing in a diverse product range including PVC cables, XLPE power cables, control cables, flexible core cables, armoured cables, flat cables, house wires, aerial bunched cables, solar cables, elevator cables, instrumentation cables, and telecommunication cables. The company serves multiple segments such as industrial, construction, power transmission, telecommunication, and renewable energy sectors, with a significant market presence in India and export operations abroad. Founded in 1993 and headquartered in Rajkot, Gujarat, Ultracab aims to provide quality cable solutions catering to infrastructure, industrial, and commercial needs. In recent developments, Ultracab secured a major order worth INR 51.06 crore from the Maharashtra Government for supplying LT XLPE cables, reinforcing its position in public sector contracts. The company successfully raised approximately INR 49.81 crore through a rights issue in early 2025 to support strategic expansion and acquisitions aimed at enhancing its manufacturing capabilities and market reach. Additional operational changes include the appointment of new independent directors and compliance officers, reflecting corporate governance improvements. Financially, Ultracab has demonstrated strong sales growth and reduced long-term debt, supporting its strategic focus on sustainability, digital transformation, and product portfolio expansion, including newer offerings in solar cables and enhanced power cable categories. Ultracab operates primarily in the electric wire and cable industry, targeting infrastructure developers, industrial manufacturers, construction companies, power utilities, and telecommunications firms. It emphasizes high-quality manufacturing standards and innovation in cable technology to meet evolving regulatory and customer requirements. The company remains privately held with no pledging of promoter shares, indicating a stable ownership structure. Its product portfolio supports core infrastructure using advanced extrusion and insulation techniques, serving both domestic and international customers from its Gujarat-based manufacturing facilities. This comprehensive product and service offering, combined with strategic financing moves and government contracts, positions Ultracab (India) Limited as a growing and resilient player in the Indian wire and cable industry with ambitions for continued expansion and value creation.