Universal Cables

What does Universal Cables do?

Universal Cables Ltd. manufactures and sells electrical cables and capacitors, with a market cap of Rs 2,134 Cr and reported net sales of 674 Cr and net profit of 50 Cr for March 2025. The company has a P/E ratio of 23.00 and a dividend yield of 0.50%.

Overview: <BR>Universal Cables Ltd. is engaged in the manufacturing and sale of electrical cables, capacitors, and related products, operating within the small-cap segment of the Cables - Electricals industry.<BR><BR>History: <BR>Incorporated in 1945 as Hindustan Woollen Mills Limited, the company was renamed Universal Cables Limited in 1961. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 674 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 50 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 2,134 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 23.00 <BR>Industry P/E: 46 <BR>Dividend Yield: 0.50% <BR>Debt-Equity: 0.47 <BR>Return on Equity: 5.04% <BR>Price to Book: 1.18 <BR><BR>Contact Details: <BR>Address: Birla Vikas PO, Satna Madhya Pradesh: 485005 <BR>Tel: 91-07672-257121-27 <BR>Email: headoffice@unistar.co.in <BR>Website: http://www.unistar.co.in

When is the next results date for Universal Cables?

No Upcoming Board Meetings

Has Universal Cables declared dividend?

Yes, Universal Cables Ltd. has declared a 30% dividend, amounting to ₹3 per share, with an ex-date of July 26, 2024. While recent total returns have been negative, the company has shown significant growth in price returns over longer periods.

Universal Cables Ltd. has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 3<BR>- Ex-date: 26 Jul 24<BR><BR>Dividend Yield: 0.5%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -0.34%, with a dividend return of 0%, resulting in a total return of -0.34%.<BR><BR>Over the past year, the price return was -6.44%, the dividend return was 0.41%, leading to a total return of -6.03%.<BR><BR>In the 2-year period, the price return was 65.24%, the dividend return was 1.56%, culminating in a total return of 66.8%.<BR><BR>For the 3-year period, the price return was 341.94%, with a dividend return of 5.64%, resulting in a total return of 347.58%.<BR><BR>In the last 4 years, the price return was 208.02%, the dividend return was 4.27%, which led to a total return of 212.29%.<BR><BR>Over the past 5 years, the price return was 460.96%, the dividend return was 8.94%, resulting in a total return of 469.9%.<BR><BR>Overall, Universal Cables Ltd. has declared a dividend, and while the recent total returns over shorter periods have been negative, the longer-term returns show significant growth, particularly in price returns.

Who are the peers of the Universal Cables?

Universal Cables' peers include Polycab India, KEI Industries, R R Kabel, Finolex Cables, and others. In terms of management risk, growth, and capital structure, Polycab India and KEI Industries are top performers, while Universal Cables shows average management risk and below average capital structure.

Peers: The peers of Universal Cables are Polycab India, KEI Industries, R R Kabel, Finolex Cables, Dynamic Cables, Quadrant Future, Advait Energy, Paramount Comm., Plaza Wires, and V-Marc India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Polycab India and Quadrant Future, while Good management risk is found at KEI Industries, R R Kabel, and Finolex Cables. Average management risk is present at Universal Cables, Dynamic Cables, Advait Energy, and Paramount Comm., while Below Average management risk is noted at Plaza Wires. In terms of Growth, Excellent growth is seen at Polycab India and Advait Energy, while Good growth is found at KEI Industries, R R Kabel, and Paramount Comm. Below Average growth is observed at Finolex Cables, Universal Cables, Quadrant Future, and Plaza Wires, with Average growth at Dynamic Cables. For Capital Structure, Excellent capital structure is noted at Polycab India, KEI Industries, R R Kabel, and Finolex Cables, while Good capital structure is seen at Dynamic Cables and Quadrant Future. Average capital structure is present at Paramount Comm. and Plaza Wires, while Below Average capital structure is noted at Universal Cables and V-Marc India.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dynamic Cables at 52.39%, while the lowest is Finolex Cables at -33.34%. Universal Cables has a 1-year return of -4.69%, which is higher than Finolex Cables but lower than Dynamic Cables. Additionally, the peers with negative six-month returns include Polycab India, KEI Industries, R R Kabel, Finolex Cables, Plaza Wires, and V-Marc India.

Is Universal Cables overvalued or undervalued?

As of June 12, 2025, Universal Cables is considered attractively undervalued with a PE ratio of 24.96, lower than its peers, and despite a year-to-date return of -21.03%, it has significantly outperformed the Sensex over three and five years with returns of 359.61% and 479.80%, respectively.

As of 12 June 2025, Universal Cables has moved from a very attractive to an attractive valuation grade. The company is currently considered undervalued, with a PE ratio of 24.96, an EV to EBITDA of 17.10, and a Price to Book Value of 1.26. These ratios indicate that the stock is trading at a reasonable valuation compared to its earnings and book value.<BR><BR>In comparison to its peers, Universal Cables has a lower PE ratio than Havells India (66.23) and Polycab India (45.14), both of which are classified as expensive. Additionally, the PEG ratio for Universal Cables is 0.00, suggesting that the stock may be undervalued relative to its growth prospects. Notably, while Universal Cables has underperformed the Sensex year-to-date with a return of -21.03% compared to the Sensex's 4.55%, its long-term performance over three and five years shows significant outperformance, with returns of 359.61% and 479.80%, respectively.

Who are in the management team of Universal Cables?

As of March 2023, the management team of Universal Cables includes H V Lodha (Chairman), Y S Lodha (Managing Director & CEO), and several independent directors, with total remunerations ranging from 8.5 to 1.81 crores INR. The team consists of both executive and non-executive members.

As of March 2023, the management team of Universal Cables includes the following individuals:<BR><BR>1. H V Lodha - Chairman (Non-Executive) with a remuneration of 28.5 lacs INR.<BR>2. S S Kothari - Independent Director with a remuneration of 9.25 lacs INR.<BR>3. S C Jain - Independent Director with a remuneration of 10.85 lacs INR.<BR>4. B R Nahar - Director with a remuneration of 8.8 lacs INR.<BR>5. Kavita A Sharma - Independent Director with a remuneration of 11.15 lacs INR.<BR>6. Dilip Ganesh Karnik - Director with a remuneration of 8.5 lacs INR.<BR>7. Sudeep Jain - Company Secretary & Compliance Officer with no remuneration.<BR>8. Y S Lodha - Managing Director & CEO with a remuneration of 1.81 crores INR.<BR>9. Kishore Kumar Mehrotra - Independent Director with a remuneration of 8.6 lacs INR. <BR><BR>This team comprises a mix of executive and non-executive members, including independent directors.

Who are the top shareholders of the Universal Cables?

The top shareholders of Universal Cables include Vindhya Telelinks Limited with 23.85%, mutual funds holding 5.97%, and individual investors with 13.15%. There are no pledged promoter holdings reported.

The top shareholders of Universal Cables include the promoters, who hold the majority of the shares. The promoter with the highest holding is Vindhya Telelinks Limited, which owns 23.85% of the company. Additionally, there are mutual funds involved, with three schemes collectively holding 5.97%. Foreign Institutional Investors (FIIs) have a minor stake, with 22 FIIs holding 0.18%. Individual investors also have a significant presence, holding 13.15% of the shares. Notably, there are no pledged promoter holdings reported.

How big is Universal Cables?

As of 24th July, Universal Cables Ltd. has a market capitalization of 2,651.00 Cr, with recent net sales of 2,408.39 Cr and a net profit of 89.39 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Universal Cables Ltd. has a market capitalization of 2,651.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest four quarters is 2,408.39 Cr, while the sum of Net Profit for the same period is 89.39 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2024. Shareholder's Funds stand at 1,775.05 Cr, and Total Assets amount to 3,319.63 Cr.

How has been the historical performance of Universal Cables?

Universal Cables has shown growth in net sales and total assets from Mar'21 to Mar'25, but profitability has been inconsistent, with fluctuating operating profits and varying profit after tax. Total expenditure has increased significantly, impacting overall financial performance.

Answer:<BR>The historical performance of Universal Cables shows a mixed trend in various financial metrics over the years.<BR><BR>Breakdown:<BR>Universal Cables has experienced growth in net sales, increasing from 1,280.67 Cr in Mar'21 to 2,408.39 Cr in Mar'25, with a notable rise from 2,020.67 Cr in Mar'24. Total operating income followed a similar upward trajectory, reaching 2,408.39 Cr in Mar'25. However, total expenditure also rose significantly, from 1,189.83 Cr in Mar'21 to 2,228.78 Cr in Mar'25, impacting operating profit, which fluctuated, peaking at 203.00 Cr in Mar'23 before settling at 202.42 Cr in Mar'25. Profit before tax showed variability, with a high of 83.10 Cr in Mar'23 and a slight decrease to 71.26 Cr in Mar'25. Profit after tax also varied, reaching a low of -7.22 Cr in Mar'21 but recovering to 43.19 Cr in Mar'25. The company's total assets increased from 2,182.65 Cr in Mar'20 to 3,419.28 Cr in Mar'25, while total liabilities rose from 607.15 Cr in Mar'20 to 846.58 Cr in Mar'25. Cash flow from operating activities improved significantly to 175.00 Cr in Mar'25, compared to previous years, indicating better operational efficiency. Overall, while Universal Cables has shown growth in sales and assets, profitability has been inconsistent, reflecting challenges in managing costs and expenses.

Is Universal Cables technically bullish or bearish?

As of December 2, 2025, Universal Cables shows a bullish technical trend supported by strong indicators like MACD and Bollinger Bands, despite some caution from the KST and Dow Theory, with a notable 1-year return of 60.17% compared to the Sensex.

As of 2 December 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Universal Cables is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend on both time frames. Daily moving averages are bullish, and the On-Balance Volume (OBV) is bullish on both weekly and monthly scales. However, the KST is mildly bearish on the monthly, and Dow Theory shows a mildly bearish stance on the weekly, indicating some caution. Overall, the strength of the bullish trend is reinforced by significant returns compared to the Sensex across various periods, particularly the 1-year return of 60.17%.

Are Universal Cables Ltd. latest results good or bad?

Universal Cables Ltd. reported a strong year-on-year net profit growth of 71.76% and a 26.40% increase in net sales, indicating positive demand. However, the company faced significant quarterly declines in profit and sales, along with margin compression, highlighting operational challenges that investors should watch.

Universal Cables Ltd.'s latest results present a mixed picture. On one hand, the company reported a year-on-year net profit growth of 71.76%, reaching ₹27.19 crore, which is a positive sign of its ability to improve profitability compared to the same quarter last year. Additionally, net sales grew by 26.40% year-on-year, indicating strong demand and market share gains in the electrical cables sector.<BR><BR>However, the quarterly performance reveals significant challenges. The net profit decreased by 42.97% compared to the previous quarter, and net sales also fell by 5.69% quarter-on-quarter. This decline, coupled with a drop in the operating margin to 7.84% from 9.06% in the previous quarter, suggests that the company is facing operational difficulties, possibly related to cost management and pricing pressures.<BR><BR>The sharp compression of the PAT margin from 5.86% to 3.54% indicates that while revenue growth is strong, the company is struggling to convert that revenue into profit effectively. Furthermore, rising interest costs and employee expenses have added to the financial strain.<BR><BR>In summary, while Universal Cables has shown impressive year-on-year growth, the sequential declines in profit and sales, along with margin compression, point to underlying operational challenges that investors should monitor closely.

Why is Universal Cables Ltd. falling/rising?

As of 10-Mar, Universal Cables Ltd. is facing a decline in stock price, currently at 644.00, with a year-to-date drop of 27.45%. Despite past strong performance, recent trends indicate bearish sentiment and reduced investor confidence.

As of 10-Mar, Universal Cables Ltd. is experiencing a decline in its stock price, currently at 644.00, which reflects a change of -6.6 or -1.01%. The stock has underperformed its sector by 0.71% today and has been on a consecutive downward trend for the last two days, accumulating a total loss of 4.68% during this period. <BR><BR>The stock's performance over various time frames shows a significant decline, with a 1-week drop of 6.29% and a 1-month decrease of 12.48%. Year-to-date, the stock has fallen by 27.45%, which is considerably worse than the broader market's decline of 8.23%. Although the stock has shown strong performance over the past year with a return of 31.44%, this is overshadowed by its recent poor performance and the fact that it is trading below all key moving averages, indicating a bearish trend.<BR><BR>Investor participation has also decreased, with delivery volume dropping by 38.52% compared to the 5-day average, suggesting a lack of confidence among investors. Additionally, institutional investors have reduced their stake in the company by 1.19% over the previous quarter, further indicating declining interest from more sophisticated market participants.<BR><BR>Despite the company reporting positive financial results in recent quarters, including significant growth in profit before tax and return on capital employed, the overall sentiment appears to be negative due to weak long-term fundamentals, including a low average return on capital employed and a poor EBIT to interest ratio. These factors contribute to the stock's current downward trajectory.

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