Ultracab India

how big is Ultracab India?

As of March 2024, Ultracab (India) Ltd has a market capitalization of 122.96 Cr, with net sales of 239.43 Cr and a net profit of 9.73 Cr over the last four quarters. Shareholder's funds are 37.96 Cr, and total assets amount to 103.05 Cr.

Market Cap: Ultracab (India) Ltd has a market capitalization of 122.96 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 239.43 Cr, while the sum of Net Profit for the same period is 9.73 Cr. This data is presented on a Standalone basis.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending March 2024. Shareholder's Funds are reported at 37.96 Cr, and Total Assets amount to 103.05 Cr.

When is the next results date for Ultracab India?

No Upcoming Board Meetings

What does Ultracab India do?

Ultracab (India) Ltd manufactures and exports wires and cables, classified as a Micro Cap company. As of March 2025, it reported net sales of ₹73 Cr and a net profit of ₹2 Cr.

Overview:<BR>Ultracab (India) Ltd is engaged in the manufacture and export of wires and cables, operating within the Cables - Electricals industry and classified as a Micro Cap company.<BR><BR>History:<BR>Ultracab (India) Ltd was incorporated in 2007 as "Ultracab (India) Private Limited" and later converted to a Public Limited Company in 2014. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 73 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 124 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 12.00 <BR>Industry P/E: 46 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.20 <BR>Return on Equity: 22.91% <BR>Price to Book: 2.86 <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

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.

Who are the peers of the Ultracab India?

Ultracab India's peers include Polycab India, KEI Industries, and Finolex Cables, among others. In terms of performance, Ultracab has average growth and a 1-year return of -23.15%, better than B.C. Power but lower than Dynamic Cables, which leads with a 52.39% return.

Peers: The peers of Ultracab India are Polycab India, KEI Industries, Finolex Cables, R R Kabel, Dynamic Cables, B.C. Power, CMI, DCG Cables, Rex Pipes&Cables.<BR><BR>Quality Snapshot: Excellent management risk is observed at Polycab India, KEI Industries, R R Kabel, CMI, while Average management risk is found at Dynamic Cables, Ultracab India, Rex Pipes&Cables, and the rest. Growth is Excellent at Polycab India, DCG Cables, while Good growth is seen at KEI Industries, R R Kabel, Dynamic Cables, and the rest. Below Average growth is noted at Finolex Cables, B.C. Power, while Ultracab India has Average growth. Capital Structure is Excellent at Polycab India, KEI Industries, R R Kabel, while Average capital structure is found at CMI, and Good at Dynamic Cables, while Below Average capital structure is noted at Ultracab India, B.C. Power, DCG Cables, Rex Pipes&Cables.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dynamic Cables at 52.39%, while the lowest is B.C. Power at -56.43%. Ultracab India's 1-year return is -23.15%, which is higher than B.C. Power but lower than Dynamic Cables. Additionally, the six-month return is negative for Polycab India, KEI Industries, Finolex Cables, R R Kabel, Ultracab India, B.C. Power, CMI, and the rest.

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.

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.

Who are in the management team of Ultracab India?

As of March 2022, 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. They are responsible for the company's governance and strategic direction.

As of March 2022, the management team of Ultracab India consists of 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>These members play key roles in the governance and strategic direction of the company.

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.

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.

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

Ultracab (India) Ltd's latest results show impressive revenue growth with net sales nearly doubling to ₹239.00 crores, but declining operating margins and negative cash flow raise concerns about profitability and sustainability, indicating a mixed performance overall. Investors should exercise caution due to these challenges.

Ultracab (India) Ltd's latest results present a mixed picture. On one hand, the company achieved significant revenue growth, with net sales nearly doubling to ₹239.00 crores in FY25, reflecting a remarkable 92.7% year-on-year increase. Additionally, net profit rose by 80% to ₹9.00 crores, which is a positive indicator.<BR><BR>However, there are notable concerns regarding profitability. The operating margin has contracted to 7.9%, down 260 basis points from the previous year, indicating that while revenue is growing, the company is facing challenges in maintaining profitability. The PAT margin also saw a slight decline to 3.8%. <BR><BR>Moreover, the company has been experiencing operational challenges, as evidenced by negative cash flow from operations and deteriorating return metrics. The stock has underperformed significantly compared to its peers and the broader market, reflecting investor concerns about its sustainability and execution risks.<BR><BR>In summary, while Ultracab's revenue growth is impressive, the declining margins and operational challenges suggest that the overall results are not entirely positive. Investors may need to be cautious given the mixed signals from the company's financial performance.

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

Why is Ultracab (India) Ltd falling/rising?

As of 23-Mar, Ultracab (India) Ltd's stock price is Rs. 6.12, down 6.28%, and has significantly underperformed with a year-to-date decline of 28.34%. The stock has reached a 52-week low and shows a persistent downward trend, compounded by waning investor interest and negative sector performance.

As of 23-Mar, Ultracab (India) Ltd's stock price is falling, currently at Rs. 6.12, which reflects a decrease of Rs. 0.41 or 6.28%. The stock has underperformed significantly over various time frames, with a year-to-date decline of 28.34% compared to a 14.70% drop in the benchmark Sensex. Over the past year, the stock has plummeted by 46.74%, while the Sensex has only decreased by 5.47%. <BR><BR>Today, the stock hit a new 52-week low of Rs. 6.01 and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. Additionally, the performance of the cable sector, in which Ultracab operates, has also been negative, with a decline of 5.04%. <BR><BR>Investor participation appears to be waning, as evidenced by a significant drop in delivery volume, which fell by 62.41% against the 5-day average. This lack of investor interest further contributes to the stock's decline, highlighting a challenging environment for Ultracab (India) Ltd.

Why is Ultracab (India) Ltd falling/rising?

As of 24-Mar, Ultracab (India) Ltd's stock price has risen slightly to Rs. 6.16, but it has a long-term decline of -46.43% over the past year and underperformed against the Sensex. Despite a minor increase in investor participation, the stock remains below key moving averages and faces ongoing financial challenges.

As of 24-Mar, Ultracab (India) Ltd is experiencing a slight rise in its stock price, currently at Rs. 6.16, which reflects an increase of 0.04 or 0.65%. However, this upward movement occurs against a backdrop of significant long-term declines in the stock's performance. Over the past year, the stock has generated a return of -46.43%, and it has consistently underperformed against the benchmark, the Sensex, in each of the last three annual periods. <BR><BR>Today's performance indicates that the stock underperformed its sector by 0.97%, and it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, the stock hit a new 52-week low of Rs. 5.25 earlier today, highlighting ongoing challenges. <BR><BR>Despite a slight increase in investor participation, with a delivery volume rise of 0.67% against the 5-day average, the overall sentiment remains negative due to weak long-term fundamentals. The company's high Debt to EBITDA ratio of 3.10 times and a low return on capital employed (ROCE) of 13.2% further contribute to concerns regarding its financial health. <BR><BR>In summary, while there is a minor uptick in the stock price, the prevailing trends and performance metrics indicate that Ultracab (India) Ltd is still facing significant downward pressure in the market.

Why is Ultracab (India) Ltd falling/rising?

As of 25-Mar, Ultracab (India) Ltd's stock price is rising to 6.35, up 3.08% today, driven by increased investor interest and recent gains in the cable sector. However, the stock has underperformed over longer periods, trading below its moving averages and showing significant declines year-to-date and over the past year.

As of 25-Mar, Ultracab (India) Ltd's stock price is rising, currently at 6.35, with a change of 0.19, representing an increase of 3.08%. This rise can be attributed to several factors. Firstly, the stock has outperformed its sector by 0.37% today and has shown consecutive gains over the last two days, accumulating a total return of 3.76% during this period. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 85.08% compared to the 5-day average, indicating heightened interest in the stock.<BR><BR>Despite these positive indicators, it is important to note that Ultracab (India) Ltd has been underperforming over longer periods, with significant declines in stock performance over 1 month (-14.19%), year-to-date (-25.64%), and the past year (-42.22%). Furthermore, the stock is currently trading below its moving averages across various time frames, which typically suggests a bearish trend. However, the immediate upward movement in price today reflects a short-term positive sentiment among investors, likely driven by the recent gains in the cable sector, which has increased by 2.72%.

Which are the latest news on Ultracab India?