Universal Cables Limited

Universal Cables Limited

UNIVCABLES.BO
Universal Cables LimitedIN flagBombay Stock Exchange
1,191.10
INR
-77.90
- -
41.33BMarket Cap
Universal Cables Limited
UNIVCABLES.BO
(Bombay Stock Exchange)

Recent

price

1,191.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
229.35
262.55
262.52
260.97
295.3
260.49
233.17
336.74
404.97
449.29
364.37
518.31
629.89
576.92
694.08
871.17
871.24
Revenue per Share
7.7
-6.02
-2
-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
47.01
Basic EPS, GAAP
-15.82
0.27
-10.63
-27.78
-6.17
13.51
14.55
-19.12
-28.62
-4.73
18.46
-9.38
33.2
-7.98
3.62
-59.47
- -
Free Cash Flow per Basic Share
2.87
2.29
0.02
0.03
0.04
0.03
0.01
0.03
1.82
2.4
2
1
1.5
3
2.97
4
- -
Dividend per Share
10
31.22
29.22
11.9
-3.11
110.58
109.54
133.66
170.89
194.79
212.04
232.66
265.32
293.73
316.48
10
10
Book Value per Share
88.62
82.86
81
63.72
47.94
198.29
196.2
240.41
287.89
285.34
327.3
373.14
431.28
511.54
510.37
544.6
544.64
Tangible Book Value per Share
23
23
23
23
23
28
35
35
35
35
35
35
35
35
35
35
35
Basic Weighted Avg Shares
5,305
6,073
6,072
6,036
6,830
7,375
8,090
11,683
14,051
15,588
12,642
17,983
21,854
20,017
24,084
30,227
30,227
Sales/Revenue/Turnover
7.12
1.63
2.34
-2.2
1.08
7.86
7.34
7.74
11.2
9.23
5.11
5.49
7.5
6.94
6.08
7.32
7.32
Operating Margin (%)
166
148
148
169
176
177
189
209
214
225
263
244
225
238
273
389
389
Depreciation Expense
178
-139
-46
-401
-347
195
705
827
1,359
901
672
749
1,182
1,082
894
1,631
1,631
Net Income, GAAP
33.63
- -
- -
- -
- -
- -
- -
2.01
20.12
38.64
24.95
23.98
22.01
24.91
23.9
24.97
24.97
Effective Tax Rate (%)
3.36
-2.29
-0.76
-6.64
-5.08
2.65
8.71
7.08
9.67
5.78
5.32
4.17
5.41
5.41
3.71
5.4
5.4
Profit Margin (%)
113
-185
-255
385
561
1,431
1,532
1,799
2,667
2,556
2,373
3,948
4,829
4,463
5,321
4,056
4,056
Working Capital
61
2
39
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
4,649
LT Debt
2,065
1,925
1,878
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
18,910
Total Equity
9.27
- -
- -
- -
- -
- -
- -
8.06
9.08
5.61
2.9
4.04
6.19
4.45
4.32
5.84
5.84
Return on Invested Capital (%)
26.87
- -
- -
- -
- -
- -
- -
16.43
18.02
10.83
8.25
8.69
12.03
10.12
9.01
15.78
15.78
Return on Capital (%)
76.94
-29.22
-6.61
-84.24
- -
- -
20.34
19.6
25.72
14.2
9.53
9.71
13.68
11.16
8.44
28.8
28.8
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
6,039
- -
7,124
LT Borrowings
4,085
- -
4,639
LT Finance Leases
13
- -
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
35
- -
35
Market Capitalization
24,513
30,797
22,456

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
17,513
- -
20,000
Cash, Cash Equivalents & STI
345
- -
378
Accounts Receivable, Net
11,096
- -
11,444
Inventories
4,475
- -
6,075
Total Current Liabilities
12,718
- -
15,943
Payables & Accruals
- -
- -
- -
ST Debt
6,039
- -
7,124
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

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
-334.07%
-523.51%
-1,743.53%
Net Income, GAAP
40.89%
25.16%
82.48%
Sales/Revenue/Turnover
16.76%
20.24%
25.51%
Total Cash Common Dividend
591.43%
26.72%
34.45%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,794
4,944
4,665
5,613
20,017
2025
4,887
6,381
6,075
6,740
24,084
2026
6,002
8,143
7,679
8,403
30,227

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.93
3.36
6.9
- -
31.19
2025
1.61
5.27
4.56
14.32
25.76
2026
9.49
13.74
7.84
15.94
47.01

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3
2025
- -
- -
- -
- -
2.97
2026
- -
- -
- -
- -
4
Business
Universal Cables Limited (UNIVCABLES.BO), established in 1962 and headquartered in Satna, Madhya Pradesh, India, manufactures and sells a comprehensive range of electrical cables, wires, conductors, capacitors and power quality solutions under the UNISTAR brand; its cable division produces low voltage, medium voltage and extra high voltage XLPE power cables up to 500 kV, PVC and rubber insulated power cables up to 11 kV, control and instrumentation cables up to 1.1 kV, aerial bunched cables, elastomeric cables for trailing and flexible applications, ACSR and AAAC conductors, winding wires and flat motor leads; the capacitor division offers low and high voltage all polypropylene capacitors from 415 VAC to 220 KVAC, automatic power factor correction panels, medium frequency water-cooled capacitors for induction furnaces, surge protective capacitors, tuned and detuned filter capacitors, DC capacitors, static VAR generators, active harmonic filters, along with services including harmonic analysis, power factor studies and turnkey EPC contracts for underground power transmission systems up to 500 kV involving design, manufacturing, laying, jointing and installation. The company, part of the M.P. Birla Group, operates manufacturing facilities in Satna, Madhya Pradesh, and Verna, Goa, serving power transmission utilities, industries and infrastructure projects primarily in India with exports to over 50 countries including South Africa, Ghana and Switzerland. In May 2024, Universal Cables approved an organic expansion plan with INR 2,770 million capex to augment production capacities at Satna and Verna for low voltage cables, medium/high voltage and extra high voltage cables, insulated winding wires, building wires, multicore flexible cables and PVC compounds; phase I of the low voltage cables, flexible wires and building wires expansion at Goa became operational in Q3 FY26, with phase II commissioning two new CCV lines at Satna for high-end HV/EHV cables targeted for mid-FY26; the company reported record H1 FY26 consolidated revenue of INR 1,414 crore and net profit of INR 81 crore, reflecting 26% and over 200% growth year-over-year, alongside strengthened EHV credentials through 400 kV cable supplies and ongoing turnkey orders, technical collaborations with Furukawa Electric Co. Ltd., Japan, and Viscas Corporation for VCV technology and jointing accessories, and recent senior management appointments including a CFO and Senior Vice President for sales and EHV operations.