Universal Cables
- P/E
- 22.62
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 11.70%
- Debt to Equity
- 0.62
- EPS (TTM)
- ₹57.66
- Book Value
- ₹545.03
- Market Cap
- —
- P/E (TTM)
- 22.62
- P/B
- 2.39
- ROE
- 8.90%
- Dividend Yield
- 0.37%
- EBITDA
- ₹289 Cr
- 52W High
- ₹1,774.90
- 52W Low
- ₹576.00
- Day Range
- ₹1,206.70 – ₹1,329.00
- Volume
- 1,20,131
Peer Comparison
Industrials › Industrial Products › Cables - Electricals
| ₹7,930.00 | 41.68 | ₹1,18,037 Cr | 9.13 | 0.60% | 23.00% | 33.20% | ₹31,188 Cr | ₹2,906 Cr | |
| ₹3,996.40 | 38.32 | ₹37,549 Cr | 5.31 | 0.12% | 14.70% | 20.00% | ₹12,343 Cr | ₹997 Cr | |
| ₹2,017.60 | 37.56 | ₹22,302 Cr | 7.51 | 0.32% | 21.30% | 28.10% | ₹10,832 Cr | ₹607 Cr | |
| ₹1,192.00 | 22.79 | ₹17,519 Cr | 3.00 | 0.79% | 12.30% | 16.00% | ₹6,939 Cr | ₹800 Cr | |
| ₹985.45 | 49.32 | ₹6,521 Cr | 8.26 | 0.00% | 20.10% | 21.50% | ₹3,712 Cr | ₹130 Cr | |
| ₹324.85 | 13.76 | ₹4,718 Cr | 16.44 | 0.00% | 41.40% | 41.40% | ₹2,082 Cr | ₹118 Cr | |
| Universal Cables (this company) | ₹1,304.10 | 22.62 | ₹3,919 Cr | 2.39 | 0.37% | 8.90% | 11.70% | ₹3,368 Cr | ₹200 Cr |
| Median 7 companies | ₹1,304.10 | 37.56 | ₹17,519 Cr | 7.51 | 0.32% | 20.10% | 21.50% | ₹6,939 Cr | ₹607 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 35
- Poor
- Returns, margins, earnings quality 22% weight
- Valuation
- 58
- Good
- Cheap vs sector & own history 24% weight
- Growth
- 77
- Strong
- Sales & profit trajectory 9% weight
- Financial Health
- 24
- Poor
- Solvency, leverage, coverage 9% weight
- Momentum
- 57
- Good
- Trend strength, vol-adjusted 12% weight
- Ownership
- 56
- Good
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Company is expected to give good quarter
- Company's working capital requirements have reduced from 69.1 days to 48.2 days
Weaknesses
4- Stock is trading at 2.85 times its book value
- Company has a low return on equity of 6.87% over last 3 years.
- Earnings include an other income of Rs.132 Cr.
- Dividend payout has been low at 11.6% of profits over last 3 years
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bearish | 9 | 5 | 5 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Strong Bearish | 7 | 0 | 3 |
Oscillators
Neutral
Overall
Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 41.75
- Neutral
- MACD (12,26,9)
- −67.53
- Bearish
- SMA (50)
- 1,481.58
- Bearish
- SMA (200)
- 1,115.15
- Bullish
As of
Growth Rate
From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 5Y | +18.75% |
|---|---|
| 3Y | +11.13% |
| 1Y | +25.55% |
| TTM | +33.61% |
Net profit
| 5Y | +19.46% |
|---|---|
| 3Y | +11.37% |
| 1Y | +83.15% |
| TTM | +69.49% |
Operating cash flow
| 5Y | −6.89% |
|---|---|
| 3Y | −23.91% |
| 1Y | −64.20% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 5Y | +1.49 pp |
|---|---|
| 3Y | +0.20 pp |
| 1Y | +1.37 pp |
| TTM | +0.56 pp |
Revenue by year
| Mar 2017 | ₹817 Cr |
|---|---|
| Mar 2018 | ₹1,180 Cr |
| Mar 2019 | ₹1,415 Cr |
| Mar 2020 | ₹1,568 Cr |
| Mar 2021 | ₹1,280 Cr |
| Mar 2022 | ₹1,813 Cr |
| Mar 2023 | ₹2,202 Cr |
| Mar 2024 | ₹2,020 Cr |
| Mar 2025 | ₹2,407 Cr |
| Mar 2026 | ₹3,022 Cr |
Net profit by year
| Mar 2017 | ₹70.00 Cr |
|---|---|
| Mar 2018 | ₹83.00 Cr |
| Mar 2019 | ₹136 Cr |
| Mar 2020 | ₹90.00 Cr |
| Mar 2021 | ₹67.00 Cr |
| Mar 2022 | ₹75.00 Cr |
| Mar 2023 | ₹118 Cr |
| Mar 2024 | ₹108 Cr |
| Mar 2025 | ₹89.00 Cr |
| Mar 2026 | ₹163 Cr |
AI Analysis — Bull vs Bear
Universal Cables Ltd trades at a market cap of ₹3,746 Cr with a P/E of 24.9x and P/B of 2.15x. The company has delivered strong TTM sales growth of 26% and TTM profit growth of 82%, though its 3-year average ROE remains modest at approximately 7%. The stock has appreciated 49% over the past year, significantly outpacing its fundamental earnings growth over the longer term.
- TTM revenue growth of 26% indicates strong demand momentum in the cables/wires segment
- TTM profit growth of 82% shows significant operating leverage and margin expansion
- Working capital days improved from 69.1 days to 48.2 days, freeing up cash and improving capital efficiency
- 5-year compounded sales CAGR of 19% demonstrates sustained top-line expansion over a longer period
- Last year ROE improved to 9% from a 3-year average of 7%, suggesting improving return profile
- P/B ratio of 2.15x is relatively moderate for an industrials company showing accelerating growth
- 5-year compounded profit CAGR of 19% aligns with sales growth, showing consistent conversion of revenue to earnings
- 3-year average ROE of only 6.88% is below cost of equity for most investors, indicating poor capital allocation historically
- Earnings quality concern: other income of ₹111 Cr forms a material portion of profits, inflating reported earnings
- Dividend payout of only 11.6% over last 3 years offers minimal shareholder returns despite low reinvestment efficiency
- Stock CAGR of 49% (1-year) and 45% (3-year) significantly exceeds fundamental profit growth of 11% (3-year CAGR), suggesting stretched valuations
- P/E of 24.9x is elevated for a company with a 3-year profit CAGR of only 11%, implying a PEG ratio above 2x
- Dividend yield of just 0.34% provides negligible income cushion in a downturn
- 10-year ROE average of 8% suggests the business has structurally modest return characteristics despite cyclical upswings
This is AI-generated analysis, not financial advice. Do your own due diligence.
Quarterly Results
₹ Cr| Particulars | Jun 2023 | 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 | 479 | 494 | 467 | 580 | 489 | 638 | 608 | 674 | 600 | 814 | 768 | 840 | 945 |
| Expenses | 443 | 471 | 426 | 519 | 457 | 591 | 569 | 612 | 542 | 741 | 708 | 771 | 854 |
| Operating Profit | 37 | 23 | 41 | 61 | 32 | 47 | 39 | 62 | 58 | 74 | 60 | 69 | 91 |
| OPM % | 8% | 4.7% | 9% | 11% | 6% | 7% | 6% | 9% | 10% | 9% | 8% | 8% | 10% |
| Other Income | 22 | 18 | 23 | 34 | 9 | 9 | 16 | 35 | 21 | 24 | 15 | 51 | 42 |
| Interest | 21 | 22 | 24 | 24 | 26 | 26 | 27 | 25 | 24 | 27 | 31 | 32 | 36 |
| Depreciation | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 9 | 9 | 10 | 11 | 12 |
| PBT | 32 | 14 | 33 | 65 | 8 | 23 | 21 | 65 | 46 | 62 | 34 | 76 | 85 |
| Tax % | 25% | 17% | 28% | 25% | 33% | 21% | 25% | 23% | 28% | 23% | 19% | 28% | 17% |
| Net Profit | 24 | 12 | 24 | 49 | 6 | 18 | 16 | 50 | 34 | 48 | 27 | 55 | 70 |
| EPS (₹) | 6.93 | 3.36 | 6.91 | 14 | 1.61 | 5.27 | 4.56 | 14.32 | 9.68 | 13.74 | 7.84 | 15.86 | 20.22 |
Profit & Loss
₹ Cr| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 817 | 1,180 | 1,415 | 1,568 | 1,280 | 1,813 | 2,202 | 2,020 | 2,407 | 3,023 | 3,368 |
| Expenses | 742 | 1,073 | 1,240 | 1,402 | 1,189 | 1,690 | 2,016 | 1,859 | 2,233 | 2,762 | 3,073 |
| Operating Profit | 75 | 107 | 175 | 166 | 91 | 123 | 185 | 162 | 174 | 260 | 294 |
| OPM % | 9% | 9% | 12% | 11% | 7% | 7% | 8% | 8% | 7% | 9% | 9% |
| Other Income | 52 | 52 | 79 | 81 | 88 | 78 | 86 | 98 | 75 | 111 | 132 |
| Interest | 44 | 53 | 62 | 77 | 63 | 78 | 97 | 91 | 104 | 115 | 127 |
| Depreciation | 19 | 21 | 21 | 23 | 26 | 24 | 22 | 24 | 27 | 39 | 43 |
| PBT | 65 | 84 | 170 | 147 | 90 | 99 | 152 | 144 | 117 | 217 | 256 |
| Tax % | −9% | 2% | 20% | 39% | 25% | 24% | 22% | 25% | 24% | 25% | — |
| Net Profit | 70 | 83 | 136 | 90 | 67 | 75 | 118 | 108 | 89 | 163 | 200 |
| EPS (₹) | 20.32 | 23.84 | 39.16 | 25.96 | 19.38 | 21.6 | 34.05 | 31.19 | 25.76 | 47.01 | 57.66 |
| Div. Payout % | 0% | 6% | 5% | 8% | 5% | 7% | 9% | 10% | 16% | 10% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 |
| Reserves | 647 | 800 | 964 | 955 | 1,101 | 1,260 | 1,462 | 1,740 | 1,737 | 1,856 |
| Borrowings | 288 | 394 | 541 | 621 | 609 | 694 | 657 | 771 | 849 | 1,177 |
| Other Liabilities | 175 | 299 | 310 | 571 | 606 | 770 | 657 | 774 | 799 | 1,255 |
| Total Liabilities | 1,144 | 1,527 | 1,851 | 2,183 | 2,351 | 2,758 | 2,810 | 3,320 | 3,419 | 4,323 |
| Fixed Assets | 134 | 122 | 155 | 172 | 187 | 167 | 161 | 200 | 255 | 417 |
| CWIP | 0 | 17 | 2 | 17 | 0 | 2 | 11 | 0 | 35 | 137 |
| Investments | 518 | 634 | 740 | 847 | 1,025 | 1,190 | 1,359 | 1,652 | 1,618 | 1,654 |
| Other Assets | 492 | 756 | 954 | 1,146 | 1,138 | 1,400 | 1,280 | 1,467 | 1,511 | 2,115 |
| Total Assets | 1,144 | 1,527 | 1,851 | 2,183 | 2,351 | 2,758 | 2,810 | 3,320 | 3,419 | 4,323 |
Cash Flow
₹ Cr| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 70 | −42 | −59 | 38 | 90 | −12 | 143 | 33 | 176 | 63 |
| Investing | −13 | −18 | −27 | −42 | −16 | −7 | −15 | −50 | −141 | −257 |
| Financing | −61 | 62 | 84 | 4 | −72 | 16 | −127 | 18 | −31 | 192 |
| Net Cash Flow | −3 | 2 | −1 | 0 | 2 | −3 | 0 | 1 | 4 | −2 |
| Free Cash Flow | 52 | −65 | −97 | −16 | 65 | −33 | 115 | −27 | 13 | −206 |
| CFO/OP | 89 | −36 | −22 | 36 | 104 | 1 | 88 | 27 | 113 | 36 |
Ratios
| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 139 | 159 | 157 | 187 | 229 | 195 | 148 | 195 | 138 | 138 |
| Inventory Days | 89 | 71 | 101 | 89 | 101 | 79 | 61 | 70 | 79 | 98 |
| Days Payable | 95 | 114 | 96 | 106 | 124 | 118 | 63 | 82 | 64 | 121 |
| Cash Conversion Cycle | 133 | 116 | 162 | 169 | 206 | 155 | 146 | 183 | 153 | 115 |
| Working Capital Days | 67 | 53 | 68 | 58 | 66 | 79 | 79 | 80 | 79 | 48 |
| ROCE % | — | 12% | 17% | 14% | 9% | 9% | 12% | 10% | 9% | 12% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Universal Cables insights
69 extracted metrics across FY07–FY27.
Documents
- 23 Feb 2026
- 9 Jul 2025
- 5 Jul 2024
- 9 Oct 2023
- 4 Jul 2023
- General announcements 6 Oct 2026
Frequently Asked Questions about Universal Cables
What does Universal Cables Ltd do?
Where is Universal Cables Ltd (UNIVCABLES) listed?
Which sector does Universal Cables Ltd belong to?
What is the PE ratio of Universal Cables Ltd?
What is the 52-week high and low of Universal Cables Ltd?
Does Universal Cables Ltd pay dividends?
What is the Return on Equity (ROE) of Universal Cables Ltd?
Company Information
Universal Cables Ltd is predominantly engaged in the business of manufacturing a large range of power cables from 1.1kV to 400kV & capacitors, Turnkey Projects relating thereto and other types of wires and cables, conductors, etc.
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