Synopsis:
Universal Cables Ltd reported a 23% increase in Q1 revenue to ₹600 crore YoY, while its net profit grew 489% YoY to ₹32.9 crore.
The shares of the Small-Cap company, specializing in the manufacturing and supply of a wide range of electrical cables, including XLPE cables, PVC cables, and elastomeric cables, jumped by upto 14 percent following their Q1 Results with a 489 percent rise in Profit YoY.
With a market capitalization of 2,598.68 Crores on Monday, the shares of Universal Cables Ltd jumped upto 14.4 percent, making a high of Rs. 799.95 compared to its previous close of Rs. 699.20.
Universal Cables Ltd, engaged in the manufacturing and supply of a wide range of electrical cables, including XLPE cables, PVC cables, and elastomeric cables, has announced its Q1 results as follows:
Its Revenue from operations rose by 23 percent YoY from Rs. 489 Crores in Q1FY25 to Rs. 600 Crores in Q1FY26, and it declined by 11 percent QoQ from Rs. 674 Crores in Q4FY25 to Rs. 600 Crores in Q1FY26.
Its Net Profit YoY rose by 489 percent from Rs. 5.59 Crores in Q1FY25 to Rs. 32.9 Crores in Q1FY26, and it declined by 34 percent QoQ from Rs. 49.7 Crores in Q4FY25 to Rs. 32.9 Crores in Q1FY26. The earnings per share (EPS) for the quarter stood at Rs. 9.49, compared to Rs. 14.32 in the previous year’s quarter.
The company has a solid financial position; its P/E ratio of 27.14 is lower than the industry average of 45.4, indicating it may be undervalued. It also has a low debt-to-equity ratio of 0.48, showing limited reliance on debt. Additionally, its current assets exceed current liabilities, suggesting strong short-term liquidity.
Company Overview & Others
Universal Cables Ltd (UCL) is a leading Indian cable manufacturing company, established in 1962. It initially specialized in paper-insulated cables and has since developed a strong reputation for engineering excellence and innovation
It is known for its wide product range in the cable industry, including low voltage, medium voltage, and extra high voltage XLPE power cables (up to 500 kV), PVC and rubber insulated power cables (up to 11 kV), control and instrumentation cables, and specialty rubber cables designed for flexible and trailing applications.
The company’s products are marketed under the brand name “UNISTAR” and it has achieved a world-class reputation through collaborations with international leaders like ABB Cables (Sweden) and Furukawa Electric (Japan) for advanced cable technology.
UCL also manufactures power capacitors and turnkey projects related to power cables. Its manufacturing capabilities include Paper Insulated Cables and advanced XLPE technology brought to India by UCL. The company caters to a broad spectrum of industrial and infrastructure sectors, emphasizing quality and meeting varied customer requirements.
Written by Sridhar J
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