MarketFriction

Universal Cables Ltd

NSE UNIVCABLES · BSE 504212 · Cables - Electricals
₹1,451.30 +0.58%
NSE close2026-10-01
52 week range576.00 - 1,774.90
Market cap₹5,096 Cr.
P/E25.5
Price band 20% Delivery 52.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales494467580489638608674600814768840945
Expenses471426519457591569612542741708771854
Operating Profit234161324739625874606991
OPM %4.7%9%11%6%7%6%9%10%9%8%8%10%
Other Income1823349916352124155142
Interest222424262627252427313236
Depreciation666777799101112
Profit before tax14336582321654662347685
Tax %17%28%25%33%21%25%23%28%23%19%28%17%
Net Profit12244961816503448275570
EPS in Rs3.366.9114.001.615.274.5614.329.6813.747.8415.8620.22
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8171,1801,4151,5681,2801,8132,2022,0202,4073,0223,368
Expenses7421,0731,2401,4021,1891,6902,0161,8592,2332,7623,073
Operating Profit7510717516691123185162174260294
OPM %9%9%12%11%7%7%8%8%7%9%9%
Other Income525279818878869875111132
Interest4453627763789791104115127
Depreciation1921212326242224273943
Profit before tax65841701479099152144117217256
Tax %-9%2%20%39%25%24%22%25%24%25%
Net Profit708313690677511810889163200
EPS in Rs20.3223.8439.1625.9619.3821.6034.0531.1925.7647.0157.66
Dividend Payout %0%6%5%8%5%7%9%10%16%10%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%19%11%34%
Compounded Profit Growth%19%11%70%
Stock Price CAGR33%55%45%107%
Return on Equity8%7%7%9%
Mar 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
Mar 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
CFO/OP89%-36%-22%36%104%1%88%27%113%36%
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days139159157187229195148195138138
Inventory Days8971101891017961707998
Days Payable9511496106124118638264121
Cash Conversion Cycle133116162169206155146183153115
Working Capital Days67536858667979807948
ROCE %12%17%14%9%9%12%10%9%12%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters61.89%61.89%61.89%61.89%61.89%61.89%61.89%61.89%61.89%61.89%61.89%61.89%
FIIs0.31%0.34%0.30%0.37%0.18%0.24%0.18%0.18%0.41%0.81%0.68%1.11%
DIIs3.01%5.25%6.18%5.24%6.63%6.58%6.62%6.66%6.10%4.51%4.54%3.30%
Public34.80%32.50%31.62%32.49%31.28%31.28%31.31%31.28%31.61%32.78%32.89%33.69%
No. of Shareholders16,60614,91914,93915,85019,03117,97617,93318,06917,41417,51117,75122,213

Fundamentals

Market Cap₹ 5,096 Cr.
Current Price₹ 1,468
Stock P/E25.5
Book Value₹ 545
ROCE11.7 %
ROE8.90 %
Dividend Yield0.31 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)34%
Compounded Profit Growth (TTM)70%
Consolidated figures.
Valuation
Market capRs 5,035 Cr
Enterprise valueRs 6,206 Cr
P/E (TTM)25.17x
Price to book2.66x
Price to sales1.50x
EV / EBITDA14.56x
EV / EBIT16.18x
EV / sales1.84x
Price to cash flow79.32x
Earnings yield3.97%
Dividend yield0.31%
P/E, 3-year average15.88x
P/B, 3-year average1.02x
P/E, 5-year average12.92x
P/B, 5-year average0.85x
Profitability
Operating margin (excl. other income)8.61%
Operating margin (incl. other income)12.28%
EBITDA margin12.66%
Pre-tax margin7.61%
Net profit margin5.94%
Net margin, latest quarter7.42%
ROE8.91%
ROCE11.68%
ROA4.21%
ROE, 3-year average6.85%
ROCE, 3-year average10.09%
ROA, 3-year average3.47%
ROE, 5-year average7.04%
ROCE, 5-year average10.35%
ROA, 5-year average3.51%
ROIC (approx.)9.40%
Tax rate24.97%
Other income / net worth5.87%
Growth
Sales growth (latest year)25.54%
Profit growth (latest year)82.47%
Sales CAGR, 3 years11.13%
Sales CAGR, 5 years18.74%
Profit CAGR, 3 years11.35%
Profit CAGR, 5 years19.39%
Sales growth QoQ12.47%
Profit growth QoQ27.50%
Sales growth YoY (latest quarter)57.46%
Profit growth YoY (latest quarter)108.75%
Per share
EPS (TTM)Rs 57.65
EPS (latest year)Rs 47.01
EPS (latest quarter)Rs 20.22
EPS, 3-year averageRs 34.66
EPS, 5-year averageRs 31.92
Book value per shareRs 545.03
Sales per shareRs 970.60
Cash flow per shareRs 18.30
Free cash flow per shareRs -59.37
Dividend per share (latest year)Rs 4.50
Dividend per share, 3-year averageRs 3.83
Dividend per share, 5-year averageRs 3.20
Dividends
Dividend payout9.58%
Dividend payout, 3-year average11.57%
Dividend payout, 5-year average10.09%
Efficiency
Asset turnover0.70x
Fixed asset turnover7.25x
Inventory turnover4.24x
Inventory days86 days
Debtor days138 days
Debtors turnover2.64x
Creditor days121 days
Cash conversion cycle115 days
Working capital days48 days
Leverage
Total debtRs 1,177 Cr
Cash and bankRs 6 Cr
Net debtRs 1,171 Cr
Debt to equity0.62x
Net debt / EBITDA2.75x
Interest coverage3.01x
Current ratio (filing 2026-03-31)1.25x
Quick ratio (filing 2026-03-31)0.87x
Trade payables (filing 2026-03-31)Rs 752 Cr
Owners' fund to total sources43.74%
Debt to assets27.23%
Cash flow
Cash from Operating Activity (latest year)Rs 63 Cr
Cash from Investing Activity (latest year)Rs -257 Cr
Cash from Financing Activity (latest year)Rs 192 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs -206 Cr
FCFE (approx.: FCF + change in debt)Rs 123 Cr
Cash from ops / profit, 5 years0.73x
Sales to cash flow47.61x
Statement figures
Net sales (TTM)Rs 3,368 Cr
Net sales (latest year)Rs 3,022 Cr
Sales (latest quarter)Rs 945 Cr
Operating profit excl. other income (latest year)Rs 260 Cr
Operating profit (latest quarter)Rs 91 Cr
Other income (TTM)Rs 132 Cr
EBITDA (TTM)Rs 426 Cr
PBDT (TTM)Rs 299 Cr
Profit before tax (TTM)Rs 256 Cr
Tax (latest year)Rs 54 Cr
Net profit (TTM)Rs 200 Cr
Net profit (latest year)Rs 163 Cr
Net profit (latest quarter)Rs 70 Cr
Depreciation (TTM)Rs 43 Cr
Depreciation (latest quarter)Rs 12 Cr
Interest (TTM)Rs 127 Cr
Cost of goods sold (latest year)Rs 2,574 Cr
Total expenditure (latest year)Rs 2,762 Cr
Total income (latest year)Rs 3,133 Cr
Share capitalRs 35 Cr
ReservesRs 1,856 Cr
Shareholders' fundsRs 1,891 Cr
Total assetsRs 4,323 Cr
Net blockRs 417 Cr
Capital work in progressRs 137 Cr
InvestmentsRs 1,654 Cr
ReceivablesRs 1,144 Cr
InventoryRs 608 Cr
Other liabilitiesRs 1,255 Cr
Shares outstanding (crore)3.47
Ownership
Promoter holding61.89% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 25.2 is at the 93th percentile of its own 9.4-year range (median 9.5, low 2.1, high 30.1).
P/B 2.66 is at the 98th percentile (median 0.87).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodUNIVCABLESNifty 50Difference
1 week-4.3%-2.8% -1.6 pts
1 month-11.8%-6.8% -5.0 pts
3 months+23.9%-7.6% +31.6 pts
6 months+123.4%+0.4% +123.0 pts
1 year+93.7%-9.9% +103.6 pts
2 years+110.9%-13.6% +124.4 pts
3 years+201.6%+14.2% +187.5 pts
5 years+772.4%+27.9% +744.5 pts
3 mutual fund schemes hold about ₹86 Cr. Over three months 1 bought more and 1 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
ICICI Pru Energy Opportunities Fund0.65%54 -13%
ICICI Pru Housing Opp Fund1.02%28 +3%
iSIF Equity Long-Short Fund1.11%4 +500%

Red flags

F-score 5 of 8
lookProfit leans on other income Other income was 51% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹945 Cr +57.5% vs Jun 2025. Net profit ₹70 Cr +105.9%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-27Dividend - Rs 4.50 Per Share
2025-09-04Dividend - Rs 4 Per Share
2024-07-26Annual General Meeting/Dividend - Rs 3 Per Sh
2023-09-04Annual General Meeting/Dividend - Rs 3 Per Share
2022-09-15Annual General Meeting/Dividend - Rs 1.50 Per Share
2021-09-15 Annual General Meeting/Dividend - Re 1 Per Share
2020-08-10 Annual General Meeting/Dividend - Rs 2 Per Share
2019-07-26 Annual General Meeting/Dividend - Rs 2 Per Share
2018-07-23 Annual General Meeting/Dividend- Rs 1.50 Per Share
2017-07-14 Annual General Meeting
2016-08-10 Annual General Meeting
2015-09-16 Rights 1:2 @ Premium Rs.41/- Per Share
2015-07-16Annual General Meeting
2014-08-04Annual General Meeting
2013-06-28Annual General Meeting
2012-06-20Annual General Meeting
2011-07-25Annual General Meeting And Dividend Rs.2/- Per Share
2010-06-21Annual General Meeting And Dividend Rs.2.50 Per Share
2009-07-29Agm/Div-Re.1/- Per Share
2008-08-05Agm/Dividend - 24%
2007-07-10Agm/Div-Rs.2.40/- Per Sh
2006-09-22Agm
2006-05-19Int Div-Rs.2/- Per Sh
DateTypeWhat it says
2026-08-07Press ReleaseA press release dated August 07, 2026, titled "Press Release".
2026-08-07Change in ManagementChange in Management i.e. Appointment of Shri Nishant Premkuar Saigal as the Chief Financial Officer (CFO), a Whole Time Key Managerial Personnel (KMP...
2026-08-07General UpdatesCapacity Expansion.
2026-08-07Board meeting outcomeThe Board of Directors of the Company at its Meeting held today i.e. 07-08-2026 has, interalia, considered and approved Unaudited Standalone and Conso...
2026-08-07Board meeting outcomeThe Board of Directors of the Company at its Meeting held today i.e. 07-08-2026 has, interalia, considered and approved Unaudited Standalone and Conso...
2026-08-04Shareholder meetingVoting results.
2026-08-03Shareholder meetingProceedings of 81st Annual General Meeting held on August 03, 2026
2026-07-10General UpdatesLetter to Shareholders for Web-link of Annual Report 2025-26..
2026-07-10Record DateRecord date for the purpose of Dividend & Meeting is 27-Jul-2026.
2026-07-10Shareholder meetingNotice of Annual General Meeting to be held on August 03, 2026
2026-06-30Disclosure under SEBI TakeovThe Punjab Produce & Trading Co. Pvt. Ltd. has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Bo...
2026-06-03Disclosure under SEBI TakeovVindhya Telelinks Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Sub...
2026-05-24UpdatesCapacity Addition.
2026-05-24Press ReleaseA press release dated May 23, 2026, titled "Press Release Dated 23rd May, 2026".
2026-05-24General UpdatesAuthorisation of Key Managerial Personnel to determine materiality of an event or information and its disclosure.
2026-05-24CessationCessation of Shri Bachh Raj Nahar as Non- Executive Independent Director of the company. The Board of Directors of the Company at its Meeting held o...
2026-05-24DividendThe Board of Directors of the Company at its Meeting held on 23rd May, 2026 has inter alia, considered and recommended Dividend of Rs. 4.50 per share...
2026-05-23Change in ManagementAppointment of Shri Ajay Kumar Sharma as the Company Secretary and Chief Compliance Officer, a Whole Time Key Managerial Personnel (KMP) of the Compan...
2026-05-23Board meeting outcomeOutcome of Board Meeting held on May 23, 2026. The Board of Directors of the Company at its Meeting held today i.e. 23rd May, 2026 has, interalia, con...
2026-05-23Board meeting outcomeUniversal Cables Limited has submitted to the Exchange Audited Standalone and Consolidated Financial Results of the Company for the quarter and year e...
2026-05-11Price movementSignificant movement in price has been observed in Universal Cables Limited. The Exchange, in order to ensure that investors have latest relevant info...
2026-05-08Price movementSignificant movement in price has been observed in Universal Cables Limited. The Exchange, in order to ensure that investors have latest relevant info...
2026-04-30Change in ManagementChange in Management
2026-02-13Credit RatingCredit Rating
2026-02-06General UpdatesStatus update on Capacity Addition.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2018-02-02CESTATUNIVERSAL CABLES LTD ---VS.--- JABALPUR
2017-09-25CESTATUNIVERSAL CABLES LTD ---VS.--- BHOPAL
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Close to Close price movement greater than 100perc in previous 365 daysClose to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 months

Quick answers

What is the market cap of Universal Cables Ltd?

Universal Cables Ltd (UNIVCABLES) has a market capitalisation of Rs 5,096 Cr. at the 2026-10-01 close.

What is the P/E ratio of Universal Cables Ltd?

Universal Cables Ltd trades at a P/E of 25.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Universal Cables Ltd's latest quarterly results?

In the Jun 2026 quarter, Universal Cables Ltd sales was Rs 945 Cr (+57.5% vs Jun 2025) and net profit was Rs 70 Cr.

What is the 52-week high and low of Universal Cables Ltd?

The 52-week high is Rs 1,774.90 and the 52-week low is Rs 576.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03