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Universal Cables Overview

Universal Cables Ltd is engaged in the manufacturing, and sale of electrical and other cables, capacitors, conductors and others. The Company offers power cables, along with extra high voltage (EHV), medium voltage (MV), low voltage (LV) energy and manage cables, and light duty wires and cables for winding wires, flat cables and flexible cables. The Company's product portfolio for capacitor division incorporates low tension (LT) and high tension (HT) capacitors for over 130 kilovolts (kV) Class and also automatic switched capacitors for about 1...Read More

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Universal Cables Key Financials

Market Cap ₹2630 Cr.

Stock P/E 29.4

P/B 1.4

Current Price ₹758.2

Book Value ₹ 539.4

Face Value 10

52W High ₹1007

Dividend Yield 0.53%

52W Low ₹ 408.1

Universal Cables Share Price

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Volume
Price

Universal Cables Quarterly Price

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Universal Cables Peer Comparison

Universal Cables Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 479 494 467 580 489 638 608 674 600 814
Other Income 3 13 5 3 3 9 11 4 2 10
Total Income 483 507 472 583 492 647 619 678 603 824
Total Expenditure 443 471 426 519 457 591 573 612 542 741
Operating Profit 40 36 46 64 35 56 46 66 60 84
Interest 21 22 24 24 26 26 27 25 24 27
Depreciation 6 6 6 6 7 7 7 7 9 9
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 13 8 15 34 2 23 12 34 28 48
Provision for Tax 8 2 9 16 3 5 5 15 13 14
Profit After Tax 5 6 6 18 -1 18 7 19 15 33
Adjustments 19 6 18 31 6 -0 9 31 18 14
Profit After Adjustments 24 12 24 49 6 18 16 50 33 48
Adjusted Earnings Per Share 6.9 3.4 6.9 14 1.6 5.3 4.6 14.3 9.5 13.7

Universal Cables Profit & Loss

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 818 1181 1417 1569 1281 1814 2202 2021 2408 2696
Other Income 11 11 12 15 13 19 18 24 29 27
Total Income 829 1192 1429 1584 1294 1833 2220 2044 2437 2724
Total Expenditure 743 1074 1242 1403 1190 1691 2017 1859 2235 2468
Operating Profit 86 118 187 181 104 142 203 185 202 256
Interest 44 53 62 77 63 78 97 91 104 103
Depreciation 19 21 21 23 26 24 22 24 27 32
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 65 84 170 147 90 99 152 144 117 122
Provision for Tax -6 2 34 57 22 24 33 36 28 47
Profit After Tax 70 83 136 90 67 75 118 108 89 74
Adjustments 0 0 0 0 0 0 0 0 0 72
Profit After Adjustments 70 83 136 90 67 75 118 108 89 147
Adjusted Earnings Per Share 20.3 23.8 39.2 26 19.4 21.6 34.1 31.2 25.8 42.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 19% 10% 9% 0%
Operating Profit CAGR 9% 12% 2% 0%
PAT CAGR -18% 6% -0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 18% 32% 41% 26%
ROE Average 5% 7% 7% 9%
ROCE Average 9% 10% 10% 12%

Universal Cables Balance Sheet

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 681 835 999 990 1136 1295 1497 1775 1772
Minority's Interest 0 0 0 0 0 0 0 0 0
Borrowings 123 118 148 115 87 235 240 195 387
Other Non-Current Liabilities 8 12 29 198 235 267 292 354 366
Total Current Liabilities 331 563 675 879 893 961 782 995 894
Total Liabilities 1144 1527 1851 2183 2351 2758 2810 3320 3419
Fixed Assets 121 109 129 147 162 143 138 178 235
Other Non-Current Assets 538 676 780 901 1058 1259 1407 1700 1759
Total Current Assets 485 743 942 1135 1130 1356 1265 1441 1426
Total Assets 1144 1527 1851 2183 2351 2758 2810 3320 3419

Universal Cables Cash Flow

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 5 2 4 2 2 4 1 2 3
Cash Flow from Operating Activities 70 -42 -59 38 90 -12 143 33 176
Cash Flow from Investing Activities -13 -18 -27 -42 -16 -7 -15 -50 -141
Cash Flow from Financing Activities -61 62 84 4 -72 16 -127 18 -31
Net Cash Inflow / Outflow -3 2 -1 -0 2 -3 0 1 4
Closing Cash & Cash Equivalent 2 4 2 2 4 1 2 3 7

Universal Cables Ratios

# Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 20.32 23.83 39.16 25.96 19.38 21.6 34.05 31.19 25.76
CEPS(Rs) 25.76 29.86 45.32 32.46 26.97 28.62 40.53 38.04 33.64
DPS(Rs) 0 1.5 2 2 1 1.5 3 3 4
Book NAV/Share(Rs) 196.37 222.45 269.86 285.39 327.33 373.19 431.36 511.61 510.73
Core EBITDA Margin(%) 8.39 8.86 12.33 10.58 7.09 6.78 8.42 8 7.22
EBIT Margin(%) 12.09 11.42 16.39 14.28 11.9 9.72 11.3 11.66 9.19
Pre Tax Margin(%) 7.19 6.99 12.01 9.36 6.99 5.43 6.88 7.13 4.88
PAT Margin (%) 7.85 6.85 9.59 5.74 5.25 4.13 5.37 5.36 3.71
Cash Profit Margin (%) 9.95 8.58 11.1 7.18 7.31 5.47 6.39 6.53 4.85
ROA(%) 6.16 6.19 8.04 4.47 2.97 2.93 4.24 3.53 2.65
ROE(%) 10.35 11.38 15.91 9.35 6.32 6.17 8.47 6.62 5.04
ROCE(%) 11.2 12.91 17.57 14.51 9.08 9.44 12.02 10.03 8.57
Receivable days 126.92 124.87 144.44 163.98 228.78 178.2 153.96 177.62 150.6
Inventory Days 56.04 45.92 55.2 61.59 75.13 56.48 48.17 50.96 51.48
Payable days 94.4 89.07 98.89 94.63 124.3 100.76 80.78 76.43 64.91
PER(x) 4.99 5.46 5.63 3.14 7.03 6.4 10.56 14.57 19.19
Price/Book(x) 0.52 0.59 0.82 0.29 0.42 0.37 0.83 0.89 0.97
Dividend Yield(%) 0 1.15 0.91 2.45 0.73 1.09 0.83 0.66 0.81
EV/Net Sales(x) 0.78 0.71 0.92 0.57 0.84 0.64 0.86 1.16 1.06
EV/Core EBITDA(x) 7.38 7.1 6.97 4.97 10.31 8.21 9.36 12.63 12.62
Net Sales Growth(%) 0 44.33 19.95 10.76 -18.37 41.61 21.42 -8.23 19.19
EBIT Growth(%) 0 26.93 68.43 -3.48 -31.98 15.67 41.2 -5.35 -6.07
PAT Growth(%) 0 17.32 64.29 -33.7 -25.37 11.45 57.69 -8.4 -17.41
EPS Growth(%) 0 17.32 64.29 -33.7 -25.37 11.45 57.69 -8.4 -17.41
Debt/Equity(x) 0.42 0.51 0.58 0.63 0.54 0.54 0.44 0.43 0.48
Current Ratio(x) 1.46 1.32 1.4 1.29 1.27 1.41 1.62 1.45 1.6
Quick Ratio(x) 1.05 1.02 1.01 0.99 0.97 1.1 1.26 1.16 1.15
Interest Cover(x) 2.47 2.58 3.74 2.9 2.43 2.27 2.56 2.58 2.13
Total Debt/Mcap(x) 0.82 0.87 0.71 2.19 1.29 1.45 0.53 0.49 0.49

Universal Cables Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 61.89 61.89 61.89 61.89 61.89 61.89 61.89 61.89 61.89 61.89
FII 0.31 0.34 0.3 0.37 0.18 0.24 0.18 0.18 0.41 0.81
DII 3.01 5.25 6.18 5.25 6.64 6.59 6.62 6.66 6.1 4.51
Public 34.8 32.51 31.63 32.5 31.29 31.28 31.31 31.27 31.6 32.79
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Universal Cables News

Universal Cables Pros & Cons

Pros

  • Debtor days have improved from 76.43 to 64.91days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 7% over the last 3 years.
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