Ultracab India

Which are the latest news on Ultracab India?

Why is Ultracab (India) Ltd falling/rising?

As of 09-Aug, Ultracab (India) Ltd's stock price is at 6.93, reflecting a slight increase of 0.87%. Despite this uptick, the stock is underperforming its sector and trading below key moving averages, indicating ongoing bearish sentiment and significant long-term declines.

As of 09-Aug, Ultracab (India) Ltd's stock price is experiencing a slight increase, currently at 6.93, which reflects a change of 0.06 or 0.87% upward. However, this positive movement comes amidst a broader context of underperformance and declining trends. The stock has underperformed its sector by 0.88% today and has shown a trend reversal after two consecutive days of gains, indicating a potential shift in momentum.<BR><BR>Furthermore, Ultracab is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically suggests a bearish sentiment among investors. The delivery volume has also decreased significantly, falling by 27.67% compared to the 5-day average, indicating a decline in investor participation. <BR><BR>In the longer term, the stock has faced substantial declines, with a year-to-date drop of 18.85% and a staggering 54.94% decrease over the past three years, while the benchmark Sensex has shown positive returns during the same periods. This overall trend of underperformance, combined with the recent drop in trading volume and moving averages, suggests that while there is a minor uptick in price today, the stock is still facing significant challenges that may hinder sustained growth.

How big is Ultracab India?

As of 10th June, Ultracab (India) Ltd has a market capitalization of 92.00 Cr, with recent net sales of 260.10 Cr and a net profit of 5.59 Cr. The company reported shareholder's funds of 87.26 Cr and total assets of 149.30 Cr for the annual period ending in March 2025.

As of 10th June, Ultracab (India) Ltd has a market capitalization of 92.00 Cr, classifying it as a Micro Cap company.<BR><BR>In the latest four quarters, Ultracab reported Net Sales of 260.10 Cr and a Net Profit of 5.59 Cr.<BR><BR>For the latest annual period ending in March 2025, the company had Shareholder's Funds of 87.26 Cr and Total Assets amounting to 149.30 Cr.

Who are in the management team of Ultracab India?

The management team of Ultracab India includes Nitesh P Vaghasiya (Chairman & Managing Director), Pankaj V Shingala (Whole-time Director), Aarti Pankaj Shingala (Director), and four Independent Directors: Bipin Chandra M Sangani, Kanjibhai G Patel, and Prashant Sawant.

The management team of Ultracab India includes the following individuals:<BR><BR>1. Nitesh P Vaghasiya - Chairman & Managing Director<BR>2. Pankaj V Shingala - Whole-time Director<BR>3. Bipin Chandra M Sangani - Independent Director<BR>4. Kanjibhai G Patel - Independent Director<BR>5. Aarti Pankaj Shingala - Director<BR>6. Prashant Sawant - Independent Director<BR><BR>If you have any more questions about Ultracab India or its operations, feel free to ask!

Who are the peers of the Ultracab India?

Ultracab India's peers include Cords Cable, Plaza Wires, B.C. Power, CMI, DCG Cables, Marco Cables, Bhadora Industries, Rex Pipes & Cables, and Jainik Power. In terms of management risk and growth, Bhadora Industries ranks highest, while Ultracab India shows average management risk and below-average growth.

Peers: The peers of Ultracab India are Cords Cable, Plaza Wires, B.C. Power, CMI, DCG Cables, Marco Cables, Bhadora Indust., Rex Pipes&Cables, and Jainik Power.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bhadora Indust., while Good management risk is found at Cords Cable, CMI, and Marco Cables. Average management risk is noted for Ultracab India, DCG Cables, and Rex Pipes&Cables. Below Average management risk is present at Plaza Wires, B.C. Power, and Jainik Power. Growth is Excellent at Bhadora Indust., Good at CMI and Jainik Power, Average at Marco Cables, and Below Average at Cords Cable, Plaza Wires, Ultracab India, B.C. Power, and Rex Pipes&Cables. Capital Structure is Good at Bhadora Indust., Average at Cords Cable, CMI, and DCG Cables, and Below Average at Ultracab India, Plaza Wires, B.C. Power, Marco Cables, Rex Pipes&Cables, and Jainik Power.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Cords Cable at 0.54%, while the peer with the lowest is Plaza Wires at -27.88%. Ultracab India's 1-year return is -27.92%, which is lower than Cords Cable but slightly higher than Plaza Wires. Additionally, the six-month return is negative for CMI, DCG Cables, Marco Cables, B.C. Power, and Ultracab India.

What does Ultracab India do?

Ultracab (India) Ltd is a micro-cap company in the electrical cables industry, incorporated in 2007, with recent quarterly net sales of 80 Cr and net profit of 1 Cr. Key financial metrics include a market cap of INR 92 Cr, P/E of 16.00, and a debt-equity ratio of 0.41.

Overview:<BR>Ultracab (India) Ltd operates in the electrical cables industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Ultracab (India) Ltd was incorporated as "Ultracab (India) Private Limited" on December 19, 2007. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 80 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 92 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 16.00 <BR>Industry P/E: 48 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.41 <BR>Return on Equity: 6.05% <BR>Price to Book: 0.99 <BR><BR>Contact Details:<BR>Address: Survey No 262, Shapar (Varaval) Rajkot Gujarat : 360024 <BR>Tel: 91-2827-253122/23 <BR>Email: ipo@ultracab.in <BR>Website: http://www.ultracab.in

Are Ultracab (India) Ltd latest results good or bad?

Ultracab (India) Ltd's latest results show strong revenue growth with net sales up 28.02% sequentially, but a significant year-on-year decline in net profit by 44.35% and shrinking margins indicate serious operational challenges, making the overall outlook concerning.

The latest results for Ultracab (India) Ltd present a mixed picture, with significant concerns overshadowing some positive aspects. <BR><BR>In Q4 FY26, the company reported net sales of ₹79.90 crores, which is a strong sequential growth of 28.02% and a year-on-year increase of 9.53%. This indicates that the company is managing to grow its revenue, likely due to improved market penetration or seasonal demand.<BR><BR>However, the profitability metrics tell a different story. The net profit for the quarter was ₹1.33 crores, reflecting a sequential increase of 27.88% but a troubling year-on-year decline of 44.35%. This sharp drop in profit, despite revenue growth, raises significant concerns about the company's operational efficiency.<BR><BR>Moreover, the operating margin has contracted drastically to 3.25% from 6.84% in the same quarter last year, indicating that the company is facing challenges in maintaining profitability amidst rising costs or competitive pressures. The PAT margin also fell to 1.66%, down from 3.28% a year ago.<BR><BR>Overall, while Ultracab has shown revenue growth, the substantial decline in net profit and margins suggests that the company is experiencing serious operational challenges. This combination of strong sales but weak profitability points to a deteriorating business quality, making the latest results more concerning than favorable.

Should I buy, sell or hold Ultracab (India) Ltd?

How has been the historical performance of Ultracab India?

Ultracab India has demonstrated significant growth in net sales and profitability, with net sales increasing from 70.65 Cr in March 2021 to 239.43 Cr in March 2025, despite rising raw material costs impacting profit margins. The company has improved its operating profit and profitability metrics, while also enhancing its asset base and liquidity.

Answer:<BR>The historical performance of Ultracab India shows significant growth in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Ultracab India's net sales have increased dramatically from 70.65 Cr in March 2021 to 239.43 Cr in March 2025, reflecting a strong upward trend. The total operating income has followed a similar trajectory, rising from 66.20 Cr in March 2020 to 239.43 Cr in March 2025. However, the raw material costs have also surged, reaching 220.38 Cr in March 2025, which has impacted the operating profit margin, which decreased from 11.34% in March 2023 to 8.12% in March 2025. Despite this, the operating profit (PBDIT) has improved from 5.62 Cr in March 2020 to 19.66 Cr in March 2025. Profit before tax has also shown a positive trend, increasing from 1.71 Cr in March 2020 to 13.71 Cr in March 2025, while profit after tax rose from 1.04 Cr in March 2020 to 9.72 Cr in March 2025. The company's total assets have grown from 68.65 Cr in March 2020 to 149.30 Cr in March 2025, indicating a solid asset base. Total liabilities have also increased, but the total debt has decreased from 37.03 Cr in March 2021 to 32.57 Cr in March 2025. Cash flow from operating activities has been negative in recent years, but the net cash inflow was positive at 2.00 Cr in March 2025, suggesting improved liquidity. Overall, Ultracab India has shown robust growth in sales and profitability, despite rising costs and challenges in cash flow management.

How has been the historical performance of Ultracab India?

Ultracab India has shown significant growth in net sales, increasing from 107.36 crore in March 2023 to 239.43 crore in March 2025, with profit before tax rising from 7.77 crore to 13.71 crore. However, challenges in managing costs and cash flow persist, as indicated by a decline in operating profit margin and negative cash flow from operating activities.

Answer:<BR>The historical performance of Ultracab India shows significant growth in net sales and profitability over the years, particularly from March 2023 to March 2025.<BR><BR>Breakdown:<BR>Ultracab India's net sales have increased from 107.36 crore in March 2023 to 239.43 crore in March 2025, reflecting a strong upward trend. Total operating income followed a similar trajectory, rising from 107.36 crore in March 2023 to 239.43 crore in March 2025. The company's total expenditure also grew, from 95.19 crore in March 2023 to 219.99 crore in March 2025, primarily driven by raw material costs, which surged from 90.88 crore to 220.38 crore during the same period. Operating profit (PBDIT) increased from 12.48 crore in March 2023 to 19.66 crore in March 2025, although the operating profit margin declined from 11.34% to 8.12%. Profit before tax rose significantly from 7.77 crore in March 2023 to 13.71 crore in March 2025, leading to a profit after tax of 9.72 crore in March 2025, up from 5.82 crore in March 2023. The company's total assets increased from 88.43 crore in March 2023 to 149.30 crore in March 2025, while total liabilities also rose from 88.43 crore to 149.30 crore. Cash flow from operating activities showed a negative trend, with a cash outflow of 3 crore in March 2025, despite a net cash inflow of 2 crore by the end of the period. Overall, Ultracab India has demonstrated robust growth in sales and profitability, although challenges in managing costs and cash flow remain evident.

Who are the top shareholders of the Ultracab India?

The top shareholder of Ultracab India is Nitesh Parshottambhai Vaghasiya, holding 17.89%, followed by Bharatbhai Naranbhai Vaghasia at 2.58%. Individual investors collectively own 63.02%, with no pledged promoter holdings or involvement from mutual funds or foreign institutional investors.

The top shareholders of Ultracab India include Nitesh Parshottambhai Vaghasiya, who holds the largest stake at 17.89%. Following him, the highest public shareholder is Bharatbhai Naranbhai Vaghasia, with a holding of 2.58%. Additionally, individual investors collectively hold a significant portion of 63.02%. The company does not have any pledged promoter holdings, and there are currently no mutual funds or foreign institutional investors involved.

Is Ultracab India overvalued or undervalued?

As of June 30, 2025, Ultracab India is considered attractively valued with a PE ratio of 13.81 and an EV to EBITDA of 9.57, indicating it is undervalued compared to peers like Polycab India and Havells India, despite underperforming the Sensex, suggesting a potential buying opportunity in the electrical cables sector.

As of 30 June 2025, Ultracab India has moved from a very attractive to an attractive valuation grade. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE ratio of 13.81, an EV to EBITDA of 9.57, and a PEG ratio of 0.47, which indicate that the stock is trading at a lower valuation compared to its growth potential.<BR><BR>In comparison to its peers, Ultracab India’s PE ratio is significantly lower than that of Polycab India at 48.73 and Havells India at 66.13, both of which are categorized as very expensive. Additionally, Ultracab's EV to EBITDA ratio of 9.57 is more favorable compared to the industry average, suggesting that it is positioned well relative to its competitors. While the stock has underperformed the Sensex over various time frames, its current valuation metrics suggest that it may present a buying opportunity for investors looking for value in the electrical cables sector.

What is the technical trend for Ultracab India?

As of June 5, 2025, Ultracab India is in a bearish trend with moderate strength, supported by bearish Bollinger Bands, a bearish monthly MACD, and bearish signals from KST and Dow Theory.

As of 5 June 2025, the technical trend for Ultracab India has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the weekly MACD showing mildly bullish but the monthly MACD is bearish, indicating a divergence. The Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the negative sentiment. The daily moving averages are mildly bearish, while the KST and Dow Theory both indicate bearish trends on the weekly basis. Overall, the combination of these indicators suggests a prevailing bearish sentiment in the market for Ultracab India.

When is the next results date for Ultracab India?

No Upcoming Board Meetings

What is the bonus history of the Ultracab India?

Ultracab India has issued bonuses twice, with a 1:2 bonus on March 10, 2022, and another 1:2 bonus on September 8, 2016, reflecting a consistent practice of rewarding shareholders.

Ultracab India has a history of issuing bonuses, with two notable instances. The most recent bonus was a 1:2 bonus issue announced on March 10, 2022, with a record date of March 12, 2022. Prior to that, the company also issued a 1:2 bonus on September 8, 2016, with a record date of September 9, 2016. This indicates a consistent approach to rewarding shareholders through bonus shares.

Has Ultracab India declared dividend?

Ultracab (India) Ltd has declared a 1% dividend, amounting to ₹0.1 per share, with an ex-date of September 14, 2018. However, the dividend yield is 0%, and total returns over various periods have shown mostly negative performance, except for a 61.39% return over five years.

Ultracab (India) Ltd has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: 0.1<BR>- Ex-date: 14 Sep 18<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 Months period, the price return was -36.5%, the dividend return was 0%, resulting in a total return of -36.5%.<BR><BR>In the 1 Year period, the price return was -23.28%, the dividend return was 0%, resulting in a total return of -23.28%.<BR><BR>In the 2 Years period, the price return was -36.46%, the dividend return was 0%, resulting in a total return of -36.46%.<BR><BR>In the 3 Years period, the price return was -65.33%, the dividend return was 0%, resulting in a total return of -65.33%.<BR><BR>In the 4 Years period, the price return was -50.04%, the dividend return was 0%, resulting in a total return of -50.04%.<BR><BR>In the 5 Years period, the price return was 61.39%, the dividend return was 0%, resulting in a total return of 61.39%.<BR><BR>Overall, Ultracab (India) Ltd has declared a dividend, but the dividend yield is 0%, indicating that the dividend has not significantly impacted returns. The total returns over various periods show a mix of negative returns, with a notable positive return only in the 5 Years period.