UNIVCABLESIndustrials

Universal Cables Limited

Cables - Electricals · ISIN INE279A01012 · BSE 504212 · NSE EQ · FV ₹10
Last price
₹1,439
+2.39%today
What this company does

Universal Cables Limited operates in Cables - Electricals, part of the Industrials sector. It booked ₹945 cr of revenue in its latest quarter (Q1 FY27) and kept 7.4% of sales as profit. It is the 5th largest of 9 Cables - Electricals companies we track, by market value.

In the report:
54out of 100
Equitytale Health Score
Mixed

Healthier than 54% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 129–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
43

At close. Not part of the score.

Profitability & returns57

How much profit it earns on the money it employs

Balance sheet26

How much it owes, and whether earnings cover the interest

Cash quality41

Whether reported profit actually arrives as cash

Growth & consistency66

Whether sales and profit have grown, and how steadily

Valuation57

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 57% vs last year
Profit up 113% vs last year
Promoters hold 62%
No promoter shares pledged
Watch-outs
! Thin 7.4% net margin
! Operating cash flow is negative

What if I invest in UNIVCABLES?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,439 +2.39%
latest close · 2026-09-17
1-year return
+776.8%
52-wk low ₹12552-wk high ₹1,775
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio17.8Average
LowAverageHigh
P/B ratio2.64Moderate
Below bookModerateHigh
EV / EBITDA16.3High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.8%Fair
WeakFairStrong ▸15%
Return on capital12.1%Fair
WeakFairStrong
Net margin7.4%Decent
ThinDecentStrong
EBITDA margin10.0%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.62Moderate
LowModerateHigh ▸1
Interest cover2.3×Okay
RiskyOkayStrong ▸5×
Current ratio1.25Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹4,992 cr
Book value
₹545
EPS
₹20.22
latest quarter
Net debt
₹1,170 cr
owes more than its cash
Enterprise value
₹6,163 cr
EBITDA
₹378 cr
annualised
EBIT
₹330 cr
annualised
Operating margin
8.7%
Return on assets
6.5%
Earnings yield
5.62%
P/S
1.32
Sales / share
₹1,089.5
Tax rate
32.0%
Face value
₹10
Shares
3.5 cr
Working capital
₹405 cr
Current assets
₹2,000 cr
Current liabilities
₹1,594 cr
Delivery %
46.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹564₹616, midpoint ₹590

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹945 cr
Other Income₹3 cr
Total Income₹948 cr
Cost of Materials₹730 cr
Purchases of Stock-in-Trade₹60 cr
Inventory Change (±)₹-61 cr
Employee Benefit Expense₹34 cr
Finance Costs₹36 cr
Depreciation & Amortisation₹12 cr
Other Expenses₹90 cr
Total Expenses₹902 cr
Profit before Tax₹46 cr
Tax Expense₹15 cr
Share of JV / Associates₹39 cr
Net Profit₹70 cr
Net margin on total income7.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹730 cr73.9%
Employee benefit expense₹34 cr3.4%
Finance costs₹36 cr3.7%
Depreciation & amortisation₹12 cr1.2%
Other expenses₹90 cr9.1%
Tax expense₹15 cr1.5%
Profit for the period₹70 cr7.1%
Total income ₹948 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue768 cr840 cr945 cr
Total income774 cr850 cr948 cr
Expenses749 cr815 cr902 cr
Profit before tax25 cr35 cr46 cr
Tax6 cr21 cr15 cr
Net profit (owners' share)27 cr55 cr70 cr
Net margin (owners' share, on revenue)3.5%6.6%7.4%
EPS (₹)7.8415.9420.22
YoY (latest quarter): total income +57.4% · net profit +113.1%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹4,323 cr
Shareholder equity
₹1,891 cr
parent shareholders
Total debt
₹1,176 cr
Cash
₹5 cr
Cash flow · H1 FY26
Operating
₹-4 cr
Investing
₹-92 cr
Financing
₹95 cr
Peer comparison
Cables - Electricals · by market value
CompanyPriceMarket capP/E
Polycab India Limited₹8,209₹1.24 L cr39.4
KEI Industries Limited₹4,560₹43,594 cr39.7
R R Kabel Limited₹2,391₹27,060 cr32.9
Finolex Cables Limited₹1,396₹21,349 cr21.4
Universal Cables Limitedthis company₹1,439₹4,992 cr17.8
Laser Power & Infra Limited₹269₹3,095 cr37.4
Dynamic Cables Limited₹442₹2,144 cr21.5
Quadrant Future Tek Limited₹522₹2,086 cr
Paramount Communications Limited₹61₹1,853 cr23.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.31%
trailing 12 months
Dividend / share (TTM)
₹4.5
Last dividend
₹4.5
ex 27 Jul 2026
ActionDetailEx-date
Dividend₹4.5 / share27 Jul 2026
Dividend₹4 / share4 Sep 2025
Dividend₹3 / share26 Jul 2024
Dividend₹3 / share4 Sep 2023
Dividend₹1.5 / share15 Sep 2022
Dividend₹1 / share15 Sep 2021
Who owns it · 2026-06-30
No pledge
Promoter
61.9%
FII / Foreign
1.1%
DII / Domestic
3.3%
Retail / others
33.7%
Smart-money activity
Insider trades
SoldMrs. Alok Lodha · Immediate relative3,483 · ₹10.3 L30 Dec 22
SoldMrs. Alok Lodha · Immediate relative2,000 · ₹5.8 L28 Dec 22
SoldBirla Cable Limited · Promoters11.07 L · ₹17.8 cr26 Oct 17
Bulk / block deals
short · NSE103 Sep 26
short · NSE4725 Aug 26
short · NSE4011 Aug 26
Stake changes
SoldICICI Prudential Mutual Fund→ 3.11% · 7.35 L20 Nov 25
BoughtICICI Prudential Mutual Fund→ 5.22% · 80,0006 Sep 24
BoughtPLC SECURITIES LIMITED→ 0.04% · 14,00021 Dec 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 12 Sep 2025
See the official result
1
Adoption of the audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025 together with the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
68.21 L votes for, 13 against · 0% of mutual funds and other big investors said no
2
Adoption of the audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 together with the Reports of Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
68.21 L votes for, 13 against · 0% of mutual funds and other big investors said no
3
Declaration of dividend on equity shares for the financial year ended March 31, 2025.
Backed by 100% of shareholders other than promotersneeded 50%
68.21 L votes for, 13 against · 0% of mutual funds and other big investors said no
4
Re-appointment of Shri Harsh V. Lodha (DIN: 00394094) as a Director, who retires by rotation.
Backed by 96% of shareholders other than promotersneeded 50%
66.67 L votes for, 2.82 L against · 1% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 27 named members
owning 61.9% between them · as of 2026-06-30
Vindhya Telelinks Limited23.85%
The Punjab Produce And Trading Co Pvt Ltd14.77%
Gwalior Webbing Company Private Limited8.32%
August Agents Limited2.31%
Birla Corporation Limited2.31%
Birla Cable Limited2.27%
Insilco Agents Limited2.24%
Laneseda Agents Limited1.95%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.