Universal Cables Ltd

Universal Cables Ltd

₹ 1,136 -2.85%
29 May - close price
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 Projects
relating 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.

  • 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
583 479 494 467 580 489 638 608 674 600 814 768 840
531 443 471 426 519 457 591 569 612 542 741 708 771
Operating Profit 52 37 23 41 61 32 47 39 62 58 74 60 69
OPM % 9% 8% 5% 9% 11% 6% 7% 6% 9% 10% 9% 8% 8%
1 3 13 5 3 3 9 7 4 2 10 6 10
Interest 27 21 22 24 24 26 26 27 25 24 27 31 32
Depreciation 6 6 6 6 6 7 7 7 7 9 9 10 11
Profit before tax 20 13 8 15 34 2 23 12 34 28 48 25 35
Tax % 27% 28% 3% 27% 24% 23% 18% 19% 20% 29% 23% 25% 38%
15 9 8 11 26 2 19 10 27 20 37 19 22
EPS in Rs 4.20 2.64 2.30 3.20 7.50 0.48 5.45 2.80 7.78 5.62 10.53 5.40 6.27
Raw PDF

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

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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

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
61.89% 61.89% 61.89% 61.89% 61.89% 61.89% 61.89% 61.89% 61.89% 61.89% 61.89% 61.89%
0.35% 0.31% 0.34% 0.30% 0.37% 0.18% 0.24% 0.18% 0.18% 0.41% 0.81% 0.68%
2.48% 3.01% 5.25% 6.18% 5.24% 6.63% 6.58% 6.62% 6.66% 6.10% 4.51% 4.54%
35.28% 34.80% 32.50% 31.62% 32.49% 31.28% 31.28% 31.31% 31.28% 31.61% 32.78% 32.89%
No. of Shareholders 14,27616,60614,91914,93915,85019,03117,97617,93318,06917,41417,51117,751

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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