Universal Cables
- Market cap
- ₹ 4,550 Cr.
- P/E
- 22.8x
- P/B
- 2.49x
- 52-week range
- 576 – 1,774.9
- ROE
- 9%
- ROCE
- 12%
- Dividend yield
- 0.3%
- Debt / equity
- 0.62
- Sector
- Industrial Products
- Industry
- Cables - Electricals
- Listed on
- NSE, BSE
About
Universal Cables Limited is an India-based company, which is engaged in manufacturing and sale of electrical and other cables, capacitors, wires and conductors, and turnkey projects predominantly relating to electrical cables/capacitors. The Company's product categories include cables, capacitors, and wire and flexible. It offers XLPE cables, such as extra high voltage cables, medium voltage cable, low voltage cables, and aerial bunched cables. Its polyvinyl chloride (PVC) cables offer power and control PVC cable. Other cables offer elastomeric cables, EV charging cable. Its capacitors include high capacitor division, medium voltage power capacitors, low voltage power capacitors, surge capacitor, capacitor banks, HT & LT APFC panels, harmonic filter banks, MV/HV capacitor banks, Static var generator (SVG), active harmonic filter (AHF), why choose/technical services. Its wire and flexible include single core, such as unistar FR, unistar FR-LSH, unistar HFFR and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Cables - Electricals: 26 companies →Universal Cables against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)22.8 against a typical 22.9: cheaper than most peers (1st = cheapest).13th of 26
- Sales growth+57.5% against a typical +38.5% from a year earlier.4th of 17
- Profit growth+105.9% against a typical +38.9% from a year earlier.3rd of 15
- Share price, 3 months+0.6% against a typical +5.2%.16th of 24
- Size₹ 4,550.3 Cr. market value against a typical ₹ 1,468 Cr. (1st = largest).6th of 25
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE A | Stable | 12 Oct 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 12 Oct 2026 | Reaffirmed | CARE A | — | CARE | ₹ 3,979 Cr. | |
| 23 Feb 2026 | Reaffirmed | CARE A | — | CARE | ₹ 3,070 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Universal CablesAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 4 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 7 Aug 2026 | Financial Results | To consider and approve the unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026 |
| 23 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 6 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 8 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 22 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 494 | 467 | 580 | 489 | 638 | 608 | 674 | 600 | 814 | 768 | 840 | 945 |
| Expenses | 471 | 426 | 519 | 457 | 591 | 569 | 612 | 542 | 741 | 708 | 771 | 854 |
| Operating Profit | 23 | 41 | 61 | 32 | 47 | 39 | 62 | 58 | 74 | 60 | 69 | 91 |
| OPM % | 4.7% | 9% | 11% | 6% | 7% | 6% | 9% | 10% | 9% | 8% | 8% | 10% |
| Other Income | 18 | 23 | 34 | 9 | 9 | 16 | 35 | 21 | 24 | 15 | 51 | 42 |
| Interest | 22 | 24 | 24 | 26 | 26 | 27 | 25 | 24 | 27 | 31 | 32 | 36 |
| Depreciation | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 9 | 9 | 10 | 11 | 12 |
| Profit before tax | 14 | 33 | 65 | 8 | 23 | 21 | 65 | 46 | 62 | 34 | 76 | 85 |
| Tax % | 17% | 28% | 25% | 33% | 21% | 25% | 23% | 28% | 23% | 19% | 28% | 17% |
| Net Profit | 12 | 24 | 49 | 6 | 18 | 16 | 50 | 34 | 48 | 27 | 55 | 70 |
| EPS in Rs | 3.36 | 6.91 | 14 | 1.61 | 5.27 | 4.56 | 14.32 | 9.68 | 13.74 | 7.84 | 15.86 | 20.22 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 19%
- 3 Years
- 11%
- TTM
- 34%
- 10 Years
- —
- 5 Years
- 19%
- 3 Years
- 11%
- TTM
- 70%
- 10 Years
- 33%
- 5 Years
- 59%
- 3 Years
- 56%
- TTM
- —
- 10 Years
- 8%
- 5 Years
- 7%
- 3 Years
- 7%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Universal Cables | ₹ 1,326.10 | ₹ 4,550 Cr. | 22.8x | 2.5x | 9% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Management
- Y. S. Lodha
- Chief Executive Officer, Managing Director, Executive Director
- Gopal Agarwal
- Chief Financial Officer
- Amitava Bose
- Chief Operating Officer
- Tarun Chugh
- Chief Marketing Officer
- S. C. Vaidya
- Technical Advisor
Prices are delayed and for information only. Nothing on this page is investment advice.