Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Universal Cables Limited

NSE: UNIVCABLESCables - Electricals

Share price

₹1,549.90

-5.09% close of 8 Oct 2026

Market cap ₹5,425 CrP/E 27.1

Business score

How strong the business is, in one number. The parts behind it are in Pro.

60

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹5,425 Cr

P/E ratio

27.1

P/B ratio

2.8

ROCE

11.7%

ROE

8.9%

Dividend yield

0.3%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹1,745.0052-week low ₹584.55

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 33.6% over the past year, and 11.0% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 6.6% to 8.7% over the last four years.

Whether it grew faster than its sector

It grew 11.0% a year against a sector median of 10.6% — 0.3 percentage points faster.

Room to re-rate, or risk of de-rating

At 27.1× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 43.6×, across 5 companies. It is against its own five-year median of 17.1×, the 91st percentile of its own range.

Whether growth justifies the valuation

Priced at 2.5 times its growth rate, on earnings growth of 11%.

Profit growthPrice per ₹1 profitPer 1% growth
Universal Cables Limited — this one11%/yr27.1×₹2.5
Polycab India Limited28%/yr43.0×₹1.5
KEI Industries Limited24%/yr43.6×₹1.8
R R Kabel Limited39%/yr50.3×₹1.3
Finolex Cables Limited12%/yr27.2×₹2.3
KSH International Limited61%/yr53.2×₹0.87

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Cables - Electricals), it ranks 11 of 13 on returns, 9 of 13 on growth, 7 of 13 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 11.7% on capital, ahead of 15% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹403 crore of cash from the business but spent ₹541 crore on plant and equipment, ₹138 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹694 crore to ₹1177 crore. And the profit is real: of every 100 rupees it reported over 10 years, about 50 arrived as cash. Its cash comes back faster than it used to: it went from being waiting 79 days for its cash to waiting 48 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Reported Rs 945.1 Cr revenue and Rs 70.1 Cr profit, up 57.5% and 112.6% year over year.

Announced 7 Aug 2026 · Consolidated · Unaudited

Revenue

₹945 Cr

Revenue vs last year

+57.5%

Revenue vs last quarter

+12.5%

Net profit

₹70 Cr

Profit vs last year

+106.3%

Profit vs last quarter

+27.5%

Net margin

7.4%

EPS

₹20.22

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹5,425 Cr
Prev close
₹1,549.90
52w High
₹1,775
52w Low
₹576
Enterprise value
₹6,596 Cr
Beta
1.5
Price CAGR 1y
133.0%
Price CAGR 3y
48.0%
Price CAGR 5y
55.0%
Price CAGR 10y
35.0%

Ratios

Return on assets
3.8%
PEG ratio
2.4
P/E ratio
27.1
P/B ratio
2.8
EV / EBITDA
22.4
Industry P/E
28.3
ROCE
11.7%
ROCE 5y average
10.4%
ROE
8.9%
Debt / Equity
0.6
Interest coverage
2.9
Dividend yield
0.3%
ROE 3y average
7.0%
ROE last year
9.0%

Annual P&L

Annual revenue
₹3,022 Cr
Annual profit
₹163 Cr
Operating margin
9.0%
Net profit margin
5.4%
EBITDA margin
8.6%
Sales growth 3y
11.1%
Sales growth 5y
18.7%
Profit growth 3y
11.0%
Profit growth 5y
19.0%
EPS
₹47.0
Sales growth TTM
34.0%
Profit growth TTM
70.0%
Dividend payout
10.0%

Quarter P&L

Sales latest quarter
₹945 Cr
Profit latest quarter
₹70 Cr
YoY quarterly sales growth
57.5%
YoY quarterly profit growth
105.9%
OPM latest quarter
9.7%

Balance Sheet

Book Value
₹540
Face Value
₹10.0
Total debt
₹1,177 Cr
Total cash
₹6 Cr
Borrowings
₹1,177 Cr
Reserves / Equity
53.0

Cash Flow

Operating cash flow
₹63 Cr
Free cash flow
-₹206 Cr
FCF yield
-5.9%
Net cash flow
-₹2 Cr

Shareholding

Promoter holding
61.9%
FII holding
1.1%
DII holding
3.3%
Public holding
33.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Polycab India8,159.5042.91,22,9610.57796.732.58,209.739.033.2
KEI Industries4,594.7544.043,9260.10274.140.03,185.323.020.1
R R Kabel2,675.5049.530,2610.35205.2117.33,168.253.928.1
Finolex Cables1,401.9526.821,4410.62249.053.12,013.244.316.0
KSH Internationa1,022.4553.06,9280.0042.286.21,164.2108.421.5
Universal Cables1,553.9527.05,3910.2870.1108.8945.157.511.7
V-Marc India320.0040.14,6890.0028.6163.6555.5102.441.4
Median301.1527.72,0290.0019.846.6349.138.521.0

Competes with: Advait Energy Transitions Limited, Cords Cable Industries Limited, Dynamic Cables Limited, Finolex Cables Limited, KEI Industries Limited, KSH International Limited, Laser Power & Infra Limited, Lumino Industries Limited, Paramount Communications Limited, Plaza Wires Limited, Polycab India Limited, Quadrant Future Tek Limited, R R Kabel Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales479494467580489638608674600814768840945
Expenses443471426519457591569612542741708771854
Material Cost421437569557687730
Change in Inventories43-4721-16-65-61
Purchases of Stock-in-Trade374229282460
Employee Cost292833393234
Other Expenses8383891009490
Operating Profit37234161324739625874606991
OPM %7.644.698.73116.497.376.419.179.639.057.848.209.68
Other Income221823349916352124155142
Exceptional items (within Other Income)000000
Interest21222424262627252427313236
Depreciation6666777799101112
Profit before tax3214336582321654662347685
Tax %25172825332125232823192817
Net Profit2412244961816503448275570
EPS in Rs6.933.366.91141.615.274.56149.68147.841620
Diluted EPS in Rs149.49147.841620

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8171,1801,4151,5681,2801,8132,2022,0202,4083,0233,368
Expenses7421,0731,2401,4021,1891,6902,0161,8592,2332,7623,073
Material Cost1,7782,249
Change in Inventories-46-107
Purchases of Stock-in-Trade98124
Employee Cost108132
Other Expenses291365
Operating Profit7510717516691123185162174260294
OPM %9912117788799
Other Income525279818878869875111132
Exceptional items (within Other Income)00
Interest4453627763789791104115127
Depreciation1921212326242224273943
Profit before tax65841701479099152144117217256
Tax %-922039252422252425
Net Profit708313690677511810889163200
EPS in Rs2024392619223431264758
Diluted EPS in Rs2647
Dividend Payout %0658579101610

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
19%
3 years
11%
TTM
34%

Compounded profit growth

10 years
—
5 years
19%
3 years
11%
TTM
70%

Stock price CAGR

10 years
35%
5 years
55%
3 years
48%
1 year
133%

Return on equity

10 years
8%
5 years
7%
3 years
7%
Last year
9%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital35353535353535353535
Reserves6478009649551,1011,2601,4621,7401,7371,856
Borrowings2883945416216096946577718491,177
Other Liabilities1752993105716067706577747991,255
Total Liabilities1,1441,5271,8512,1832,3512,7582,8103,3203,4194,323
Fixed Assets134122155172187167161200255417
CWIP0172170211035137
Investments5186347408471,0251,1901,3591,6521,6181,654
Other Assets4927569541,1461,1381,4001,2801,4671,5112,115
Total Assets1,1441,5271,8512,1832,3512,7582,8103,3203,4194,323

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity70-42-593890-121433317663
Cash from Investing Activity-13-18-27-42-16-7-15-50-141-257
Cash from Financing Activity-6162844-7216-12718-31192
Net Cash Flow-32-1-02-3014-2
Free Cash Flow52-65-97-1665-33115-2713-206

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days139159157187229195148195138138
Inventory Days8971101891017961707998
Days Payable9511496106124118638264121
Cash Conversion Cycle133116162169206155146183153115
Working Capital Days67536858667979807948
ROCE %121714991210912

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters626262626262626262626262
FIIs0.310.340.300.370.180.240.180.180.410.810.681.11
DIIs3.015.256.185.246.636.586.626.666.104.514.543.30
Public353332323131313132333334
No. of Shareholders16,60614,91914,93915,85019,03117,97617,93318,06917,41417,51117,75122,213

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +120.8% (₹702.00 → ₹1,549.90)Brick size ₹80.31 (fixed)Bricks 25
₹1,000₹1,550Jan '26May '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹1,549.90 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

1,171inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

3,63,30,208inr

2026-03-31

News

News and filings about Universal Cables Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • XLPE / PVC / rubber polymer insulation compound
  • aluminium (conductor)
  • copper (conductor)
  • lead (for lead-sheathed cables)
  • optical fibre (for OF/composite cables)
  • steel / galvanized iron (armouring)

Depends on the price of

  • aluminium
  • copper

Sells to

  • Bhutan Power Corporation Ltd. · power cables and related solutions
  • Central Electricity Board, Mauritius · power cables and related solutions
  • Ceylon Electricity Board, Sri Lanka · power cables and related solutions
  • DPDC, Bangladesh · power cables and related solutions
  • Dangote Cement, Nigeria · power cables and related solutions
  • Dhofar Power Company SAOC Salalah, Oman · power cables and related solutions
  • Ethiopian Electric Utility, Ethiopia · power cables and related solutions
  • N.V. Energie Bedrijven Suriname (EBS) · power cables and related solutions
  • NKT GmbH & Co. KG, Germany · power cables and cable systems
  • Oman India Fertilizers Company S.A.O.C, Oman · power cables and related solutions

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Cables - Electricals
Classification
Capital Goods › Cables - Electricals
ISIN
INE279A01012

Plants

  • Universal Cables Goa Works
  • Universal Cables Satna Works

News impact

Big market events that reach Universal Cables Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

27 Jul 2026unspecified₹4.5
4 Sep 2025unspecified₹4
26 Jul 2024unspecified₹3
4 Sep 2023unspecified₹3
15 Sep 2022unspecified₹1.5
15 Sep 2021unspecified₹1
10 Aug 2020unspecified₹2
26 Jul 2019unspecified₹2

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.