Universal Cables Ltd
Universal Cables Ltd is predominantly engaged in the business of manufacturing a large range of power cables from 1.1kV to 400kV & capacitors, Turnkey Projects
relating thereto and other types of wires and cables, conductors, etc. [1]
- Market Cap ₹ 3,942 Cr.
- Current Price ₹ 1,136
- High / Low ₹ 1,239 / 576
- Stock P/E 40.8
- Book Value ₹ 264
- Dividend Yield 0.35 %
- ROCE 13.2 %
- ROE 11.0 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 19.9%
- Company's working capital requirements have reduced from 69.1 days to 48.2 days
Cons
- Stock is trading at 4.30 times its book value
- Company has a low return on equity of 8.25% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Cables - Electricals
Part of BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 693 | 748 | 817 | 1,180 | 1,415 | 1,568 | 1,280 | 1,813 | 2,202 | 2,020 | 2,407 | 3,023 | |
| 669 | 673 | 742 | 1,073 | 1,240 | 1,402 | 1,189 | 1,690 | 2,016 | 1,859 | 2,227 | 2,762 | |
| Operating Profit | 25 | 75 | 75 | 107 | 175 | 166 | 91 | 123 | 185 | 162 | 180 | 261 |
| OPM % | 4% | 10% | 9% | 9% | 12% | 11% | 7% | 7% | 8% | 8% | 7% | 9% |
| 9 | 12 | 11 | 11 | 12 | 15 | 13 | 19 | 18 | 24 | 22 | 28 | |
| Interest | 51 | 51 | 44 | 53 | 62 | 77 | 63 | 78 | 97 | 91 | 104 | 115 |
| Depreciation | 18 | 18 | 19 | 21 | 21 | 23 | 26 | 24 | 22 | 24 | 27 | 39 |
| Profit before tax | -35 | 17 | 23 | 44 | 103 | 81 | 15 | 40 | 83 | 70 | 71 | 135 |
| Tax % | 0% | -13% | -25% | 4% | 33% | 20% | 20% | 24% | 24% | 23% | 20% | 29% |
| -35 | 20 | 29 | 42 | 69 | 65 | 12 | 30 | 63 | 54 | 57 | 97 | |
| EPS in Rs | -10.00 | 5.63 | 8.39 | 12.09 | 19.89 | 18.60 | 3.51 | 8.79 | 18.21 | 15.64 | 16.51 | 27.82 |
| Dividend Payout % | 0% | 0% | 0% | 12% | 10% | 11% | 29% | 17% | 16% | 19% | 24% | 16% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 19% |
| 3 Years: | 11% |
| TTM: | 26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 52% |
| 3 Years: | 15% |
| TTM: | 68% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | 40% |
| 3 Years: | 45% |
| 1 Year: | 90% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 |
| Reserves | 88 | 153 | 252 | 302 | 391 | 410 | 453 | 528 | 673 | 829 | 811 | 882 |
| 365 | 311 | 288 | 394 | 541 | 621 | 609 | 694 | 657 | 771 | 849 | 1,177 | |
| 145 | 168 | 175 | 299 | 310 | 394 | 393 | 530 | 403 | 477 | 493 | 940 | |
| Total Liabilities | 621 | 667 | 750 | 1,029 | 1,277 | 1,460 | 1,490 | 1,786 | 1,767 | 2,111 | 2,188 | 3,034 |
| 145 | 135 | 134 | 122 | 155 | 172 | 187 | 167 | 161 | 200 | 255 | 417 | |
| CWIP | 0 | 0 | 0 | 17 | 2 | 17 | 0 | 2 | 11 | 0 | 35 | 137 |
| Investments | 51 | 51 | 123 | 136 | 166 | 125 | 164 | 218 | 316 | 444 | 387 | 365 |
| 424 | 480 | 492 | 756 | 954 | 1,146 | 1,138 | 1,400 | 1,280 | 1,467 | 1,511 | 2,115 | |
| Total Assets | 621 | 667 | 750 | 1,029 | 1,277 | 1,460 | 1,490 | 1,786 | 1,767 | 2,111 | 2,188 | 3,034 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -5 | 46 | 70 | -42 | -59 | 38 | 90 | -12 | 143 | 33 | 176 | 0 | |
| -6 | -0 | -13 | -18 | -27 | -42 | -16 | -7 | -15 | -50 | -141 | 0 | |
| 11 | -44 | -61 | 62 | 84 | 4 | -72 | 16 | -127 | 18 | -31 | 0 | |
| Net Cash Flow | -0 | 2 | -3 | 2 | -1 | -0 | 2 | -3 | 0 | 1 | 4 | 0 |
| Free Cash Flow | -12 | 42 | 52 | -65 | -97 | -16 | 65 | -33 | 115 | -27 | 13 | 0 |
| CFO/OP | -16% | 62% | 89% | -36% | -22% | 36% | 104% | 1% | 88% | 27% | 109% | 0% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 126 | 150 | 139 | 159 | 157 | 187 | 229 | 195 | 148 | 195 | 138 | 138 |
| Inventory Days | 75 | 85 | 89 | 71 | 101 | 89 | 101 | 79 | 61 | 70 | 79 | 98 |
| Days Payable | 7 | 84 | 95 | 114 | 96 | 106 | 124 | 118 | 63 | 82 | 64 | 121 |
| Cash Conversion Cycle | 194 | 151 | 133 | 116 | 162 | 169 | 206 | 155 | 146 | 183 | 153 | 115 |
| Working Capital Days | 27 | 63 | 67 | 53 | 68 | 58 | 66 | 79 | 79 | 80 | 79 | 48 |
| ROCE % | 3% | 13% | 12% | 15% | 20% | 16% | 7% | 10% | 14% | 11% | 11% | 13% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Remaining Performance Obligations (Unsatisfied) ₹ Lakhs |
|
||||||
| EHV Power Cables Revenue Growth % |
|||||||
| Export Business Volume Growth % |
|||||||
| Order Book (Confirmed Unexecuted Orders) ₹ Crore |
|||||||
| Planned Capex for Capacity Augmentation ₹ Crore |
|||||||
| Working Capital Cycle Days |
|||||||
| EHV Power Cable Production Capacity Growth % |
|||||||
Extracted by Screener AI
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - Annual secretarial compliance report for FY ended March 31, 2026 shows full compliance.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
25 May - Newspaper Advertisement - Audited Standalone and Consolidated Financial Results for the quarter and financial year ended on 31st March, 2026.
-
Announcement Under Regulation 30 (LODR) Regarding Capacity Addition
24 May - Board approved FY26 audited results, Rs4.50 dividend, Rs73 crore EHV modernisation, Rs200 crore NCDs, new CS.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
24 May - FY26 audited results, Rs4.50 dividend, Rs73cr EHV upgrade, Rs200cr NCD plan, director exit, new CS.
- Corporate Action-Board approves Dividend 23 May
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
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.