Universal Cables FY26 net profit rises 68.5% to Rs 96.53 crore

1 min read     Updated on 23 May 2026, 11:49 PM
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Universal Cables Limited reported a 68.5% YoY increase in standalone net profit to Rs 96.53 crore for FY26, with revenue growing 25.5% to Rs 3,022.67 crore. The board recommended a dividend of Rs 4.50 per share and approved raising Rs 200 crores via NCDs.

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Universal Cables Limited has reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company recorded its highest-ever turnover of Rs 3,022.67 crores for the fiscal year 2025-26, representing a growth of 25.50% compared to the previous year. The standalone net profit for the year stood at Rs 96.53 crores, marking an increase of 68.52% year-on-year.

Financial Performance

The revenue from operations for the fourth quarter ended March 31, 2026, was Rs 840.27 crores, up from Rs 674.03 crores in the corresponding quarter of the previous year. The standalone Profit After Tax (PAT) for Q4 FY26 was Rs 21.75 crores. On a consolidated basis, the net profit for the year rose to Rs 163.11 crores from Rs 89.39 crores in the previous fiscal year. The EBITDA margin improved to 9.60% during FY 2025-26 from 8.40% in the previous year.

Dividend and Fund Raising

The Board of Directors has recommended a dividend of Rs 4.50 per share (45%) for the financial year 2025-26, subject to shareholder approval. Additionally, the board approved raising funds up to Rs 200 Crores through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. A "Debenture Issue & Allotment Committee" has been constituted to facilitate this process.

Strategic Expansion and Appointments

The company is progressing with its capacity expansion project, with an estimated capital outlay of Rs 550 crores. Furthermore, the board approved a technological upgradation plan for the EHV Cable facility at Satna with an outlay of approximately Rs 73 crores. In management changes, Shri Ajay Kumar Sharma was appointed as the Company Secretary and Chief Compliance Officer effective May 23, 2026. The board also noted the cessation of Shri Bachh Raj Nahar as a Director effective June 13, 2026.

Key Financial Metrics (Standalone) FY 2025-26 (₹ in crores) FY 2024-25 (₹ in crores)
Revenue from Operations 3022.67 2408.39
Profit Before Tax 135.13 71.25
Net Profit 96.53 57.28
EBITDA 288.96 202.42

Historical Stock Returns for Universal Cables

1 Day5 Days1 Month6 Months1 Year5 Years
+1.30%-0.43%+19.23%+5.58%+74.31%+453.49%

How will the Rs 550 crore capacity expansion project impact Universal Cables' revenue growth trajectory and market share in the domestic cable industry over the next 2-3 years?

What are the potential risks and benefits of raising Rs 200 crores through NCDs, and how might this debt financing affect the company's balance sheet and credit profile going forward?

Given the surge in infrastructure and power sector spending in India, can Universal Cables sustain its 25%+ revenue growth momentum into FY 2026-27, or are there demand saturation risks?

Universal Cables Limited Announces VP Production Resignation Effective April 30

1 min read     Updated on 01 May 2026, 04:05 AM
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Universal Cables Limited has announced the resignation of Mr. Mahesh Singh, Vice-President Production, effective from 30th April 2026 due to personal reasons. Singh served the company for six and a half years and has committed to ensuring a smooth transition by assisting with training his replacement and completing critical tasks.

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Universal Cables Limited has announced the resignation of Mr. Mahesh Singh, Vice-President Production, effective from the close of business hours on 30th April 2026. The company disclosed this development in compliance with regulatory requirements under SEBI listing obligations.

Senior Management Departure

Mr. Mahesh Singh, who served as Vice-President Production, has tendered his resignation from Universal Cables Limited. His resignation becomes effective from the close of business hours on 30th April 2026. The departure was communicated to both BSE Limited and National Stock Exchange of India Limited as part of the company's disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

The key details of the resignation are presented below:

Parameter: Details
Name: Mr. Mahesh Singh
Position: Vice-President Production (Senior Management Personnel)
Reason for Resignation: Personal reasons
Effective Date: 30th April 2026
Service Duration: Six and a half years
Scrip Code (BSE): 504212
Scrip Code (NSE): UNIVCABLES EQ

Personal Reasons Cited

According to the resignation letter dated 06th March 2026, Mr. Singh's decision to step down is based on personal reasons. In his formal communication to the Managing Director & CEO, he expressed gratitude for the opportunities and support provided during his tenure. The resignation letter emphasized his commitment to ensuring a smooth transition process during his remaining time with the company.

Transition Arrangements

Mr. Singh has indicated his willingness to facilitate the handover process by:

  • Assisting with training his replacement
  • Documenting current projects
  • Completing all critical tasks before his departure

The company's Chief Financial Officer, Gopal Agarwal, signed the regulatory disclosure on 30th April 2026, confirming the resignation details to both stock exchanges.

Regulatory Compliance

Universal Cables Limited has fulfilled its disclosure requirements under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company operates from its registered office at P.O. Birla Vikas, Satna, Madhya Pradesh, and maintains various ISO certifications including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

Historical Stock Returns for Universal Cables

1 Day5 Days1 Month6 Months1 Year5 Years
+1.30%-0.43%+19.23%+5.58%+74.31%+453.49%

How will Universal Cables' production operations and capacity be affected during the transition period before a replacement is found?

What impact might this senior management departure have on Universal Cables' ongoing projects and production timelines?

Will Universal Cables promote internally or recruit externally for the Vice-President Production role, and how might this affect company culture?

More News on Universal Cables

1 Year Returns:+74.31%