Universal Cables Ltd has announced a 23% YoY increase in Q1 revenue, reaching ₹600 crore, and a 489% YoY growth in net profit, amounting to ₹32.9 crore. Following the release of these Q1 results, the company’s shares, which are part of the small-cap category, saw an increase of up to 14%. Universal Cables Ltd, a company known for manufacturing and supplying a variety of electrical cables, including XLPE, PVC, and elastomeric cables, saw its shares rise by 14.4% to a high of Rs. 799.95, compared to its previous close of Rs. 699.20. The company’s market capitalization stood at 2,598.68 crores on Monday.
The Q1 results also revealed that the company’s revenue from operations increased by 23% YoY from Rs. 489 crores in Q1FY25 to Rs. 600 crores in Q1FY26, but saw an 11% QoQ decrease from Rs. 674 crores in Q4FY25. The net profit also increased by 489% YoY from Rs. 5.59 crores in Q1FY25 to Rs. 32.9 crores in Q1FY26, but declined by 34% QoQ from Rs. 49.7 crores in Q4FY25. The earnings per share (EPS) for the quarter was Rs. 9.49, compared to Rs. 14.32 in the same quarter of the previous year.
The company’s financial position is strong, with a P/E ratio of 27.14, lower than the industry average of 45.4, suggesting that it may be undervalued. It also has a low debt-to-equity ratio of 0.48, indicating limited reliance on debt. Furthermore, its current assets exceed its current liabilities, indicating strong short-term liquidity.
Universal Cables Ltd, established in 1962, is a leading Indian cable manufacturing company. Initially specializing in paper-insulated cables, it has since gained a reputation for engineering excellence and innovation. The company offers a wide range of products, including low voltage, medium voltage, and extra high voltage XLPE power cables, PVC and rubber insulated power cables, control and instrumentation cables, and specialty rubber cables. Its products are marketed under the brand name “UNISTAR” and it has achieved a global reputation through collaborations with international leaders like ABB Cables and Furukawa Electric for advanced cable technology. The company also manufactures power capacitors and undertakes turnkey projects related to power cables. Its manufacturing capabilities include Paper Insulated Cables and advanced XLPE technology. The company serves a wide range of industrial and infrastructure sectors, focusing on quality and meeting diverse customer requirements.
Written by Sridhar J. The views and investment tips expressed are those of the author and are not a recommendation to buy or sell shares. Always do your own research or consult with a professional before making investment decisions.
