Universal Cables Ltd
NSE: UNIVCABLES · Cables - Electricals · sector
₹1,330.20NSE close 2026-10-26
Key numbers
Market cap₹4,616 cr
Price₹1,330.20
52w high / low₹1,775 / ₹576
P/E23.0xSector median 21.9x
P/B2.4xSector median 2.9x
Book value₹545.0
Dividend yield0.30%Sector median 0.30%
ROE10.9%Sector median 12.3%
ROCE9.2%Sector median 17.8%
OPM8.7%Sector median 7.6%
Debt / equity0.62xSector median 0.09x
EV/EBITDA19.7xSector median 15.8x
Interest cover2.2x
Current ratio1.25x
Sales growth 3y+11.1%Sector median +21.4%
Profit growth 3y+11.3%Sector median +12.3%
PEG2.03x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 17 companies in Cables - Electricals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹6 cr vs borrowings ₹1,176 cr (FY26): borrowings are higher by ₹1,169 cr.
- Borrowings rose in each of the last 3 years (₹657 cr → ₹1,176 cr).
- Operating profit covered interest 2.2x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY24, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 15% of net profit in the last 12 months.
- Debtor days went from 195 (FY24) to 138 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹1,330.20 on 2026-10-26: -25.1% from the 52-week high, +130.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,708.90 · low ₹411.15
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 638 | 608 | 674 | 600 | 814 | 768 | 840 | 945 |
| EBITDA | 47 | 35 | 62 | 58 | 74 | 60 | 69 | 91 |
| OPM % | 7.4% | 5.7% | 9.2% | 9.6% | 9.1% | 7.8% | 8.2% | 9.7% |
| Other income | 9 | 11 | 4 | 2 | 10 | 6 | 10 | 3 |
| Net profit | 18 | 16 | 50 | 33 | 48 | 27 | 55 | 70 |
| EPS (₹) | 5.27 | 4.56 | 14.32 | 9.49 | 13.74 | 7.84 | 15.94 | 20.22 |
| Revenue YoY | +27.6% | +26.4% | +24.7% | +57.5% | ||||
| Profit YoY | +161.0% | +71.8% | +11.3% | +113.1% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,814 | 2,202 | 2,021 | 2,408 | 3,023 | 3,368 |
| EBITDA | 123 | 185 | 162 | 180 | 261 | 294 |
| Net profit | 75 | 118 | 108 | 89 | 163 | 200 |
| EPS (₹) | 21.60 | 34.05 | 31.19 | 25.76 | 47.01 | 57.74 |
| Revenue growth | +21.4% | -8.2% | +19.2% | +25.5% | +33.6% | |
| Profit growth | +57.7% | -8.4% | -17.4% | +82.5% | +71.7% | |
| Dividend / share (₹) | 1.00 | 1.50 | 3.00 | 3.00 | 4.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +11.1% | +18.7% | +33.6% |
| Net profit | +11.3% | +19.4% | +71.7% |
| EPS | +11.4% | +19.4% | – |
| Share price | – | +45.7% (2y) | +94.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,497 | 1,775 | 1,772 | 1,891 |
| Borrowings | – | 657 | 768 | 847 | 1,176 |
| Cash & equivalents | – | 4 | 5 | 8 | 6 |
| Total assets | – | 2,810 | 3,320 | 3,419 | 4,323 |
| Fixed assets | – | 138 | 178 | 234 | 396 |
| Capital work in progress | – | 11 | 0 | 34 | 137 |
| Investments | – | 274 | 402 | 345 | 323 |
| Receivables | – | 890 | 1,077 | 911 | 1,144 |
| Inventory | – | 280 | 284 | 395 | 608 |
| Payables | – | 287 | 330 | 322 | 752 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -12 | 143 | 33 | 176 | 63 |
| Cash from investing | -7 | -15 | -50 | -141 | -257 |
| Cash from financing | 16 | -127 | 18 | -31 | 192 |
| Capex | 20 | 28 | 61 | 163 | 270 |
| Free cash flow | -32 | 115 | -28 | 13 | -206 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 7.9% | 6.1% | 5.0% | 8.6% |
| ROCE % | – | 8.4% | 6.4% | 6.7% | 8.2% |
| Debtor days | – | 147 | 195 | 138 | 138 |
| Inventory days | – | 61 | 70 | 79 | 98 |
| Payable days | – | 63 | 82 | 64 | 121 |
| Cash conversion cycle (days) | – | 145 | 183 | 153 | 115 |
| Working capital days | – | 80 | 81 | 81 | 49 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 61.89% |
| FIIs | 1.57% |
| DIIs | 3.18% |
| of which Mutual funds | 1.90% |
| of which Insurance | 0.14% |
| Government | 0.00% |
| Public (non-institutions) | 33.35% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 61.89% | 61.89% | 61.89% | 61.89% | 61.89% | 61.89% | 61.89% | 61.89% |
| Promoter group | % |
|---|---|
| Vindhya Telelinks Limited | 23.85% |
| The Punjab Produce And Trading Co Pvt Ltd | 14.77% |
| Gwalior Webbing Company Private Limited | 8.32% |
| Birla Corporation Limited | 2.31% |
| August Agents Limited | 2.31% |
| Birla Cable Limited | 2.27% |
| Insilco Agents Limited | 2.24% |
| Laneseda Agents Limited | 1.95% |
| Birla Financial Corporation Ltd | 1.01% |
| East India Investment Company Pvt Ltd | 0.97% |
| Trilochan Vyapaar Private Limited | 0.77% |
| Baroda Agents And Trading Company Private Limited | 0.60% |
| Canberra Traders Pvt. Ltd | 0.27% |
| Punjab Produce Holdings Limited | 0.26% |
| Express Dairy Company Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Public - PAC | 6.81% |
| Eastern India Educational Institution | 3.18% |
| Hindustan Medical Institution | 3.14% |
| Icici Prudential Energy Opportunities Fund | 1.90% |
| City Consultants Private Limited | 1.38% |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.23% |
| Elco Consultants Private Limited | 1.22% |
24,646 shareholders. Pledged: 0.00% of promoter shares.
Peers in Cables - Electricals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| POLYCAB | ₹1,16,621 cr | 36.8x | 8.9x | 26.6% | 34.6% | 13.5% | +27.0% | 0.47% |
| KEI | ₹37,279 cr | 35.3x | 5.2x | 15.8% | 19.8% | 11.0% | +19.3% | 0.12% |
| RRKABEL | ₹24,700 cr | 40.6x | 9.6x | 25.7% | 31.9% | 8.5% | – | 0.34% |
| FINCABLES | ₹17,508 cr | 21.9x | 2.9x | 13.8% | 16.5% | 13.2% | +12.2% | 0.01% |
| UNIVCABLES | ₹4,616 cr | 23.0x | 2.4x | 10.9% | 9.2% | 8.7% | +11.1% | 0.30% |
| LASERPOWER | ₹2,366 cr | – | – | – | – | – | – | – |
| LUMINO | ₹2,189 cr | – | – | – | – | – | – | – |
| PARACABLES | ₹1,820 cr | 30.0x | 2.3x | 8.2% | 11.9% | 4.3% | +33.9% | – |
| DYCL | ₹1,722 cr | 18.9x | 3.8x | 21.9% | 26.9% | 10.9% | +21.4% | 0.07% |
| QUADFUTURE | ₹1,578 cr | – | 6.1x | -13.9% | -16.8% | -19.8% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-27 | Dividend | Dividend - Rs 4.50 Per Share |
| 2025-09-04 | Dividend | Dividend - Rs 4 Per Share |
| 2024-07-26 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Sh |
| 2023-09-04 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2022-09-15 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2021-09-15 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2020-08-10 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2019-07-26 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2018-07-23 | Dividend | Annual General Meeting/Dividend- Rs 1.50 Per Share |
| 2017-07-14 | Other | Annual General Meeting |
| 2016-08-10 | Other | Annual General Meeting |
| 2015-09-16 | Rights | Rights 1:2 @ Premium Rs.41/- Per Share |
| 2015-07-16 | Other | Annual General Meeting |
| 2014-08-04 | Other | Annual General Meeting |
| 2013-06-28 | Other | Annual General Meeting |
| 2012-06-20 | Other | Annual General Meeting |
| 2011-07-25 | Dividend | Annual General Meeting And Dividend Rs.2/- Per Share |
| 2010-06-21 | Dividend | Annual General Meeting And Dividend Rs.2.50 Per Share |
| 2009-07-29 | Other | Agm/Div-Re.1/- Per Share |
| 2008-08-05 | Dividend | Agm/Dividend - 24% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Power (Electrical) and other Cables, Wires and related turnkey Projects
| Sector | Industrials |
| Industry | Cables - Electricals |
| Sub-industry | Cables - Electricals |
| Symbol | UNIVCABLES |
| BSE code | 504212 |
| ISIN | INE279A01012 |
| Face value | ₹10.0 |
| Incorporated | 1945-03-06 |
| Website | www.unistar.co.in |
| Plants (India / abroad) | 2 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.