Universal Cables FY26 net profit jumps 68.5%; dividend declared
Universal Cables reported a 68.5% increase in FY26 standalone net profit to ₹96.53 crores, driven by a 25.5% rise in revenue to ₹3,022.67 crores. The board recommended a dividend of ₹4.50 per share and approved raising ₹200 crores via NCDs.

*this image is generated using AI for illustrative purposes only.
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 ₹3,022.67 crores for FY 2025-26, representing a growth of 25.50% compared to the previous year. The standalone net profit for the year stood at ₹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 ₹840.27 crores, up from ₹674.03 crores in the corresponding quarter of the previous year. The standalone Profit After Tax (PAT) for Q4 FY26 was ₹21.75 crores, compared to ₹27.0 crores in the same quarter of the previous year. On a consolidated basis, the net profit for the year rose to ₹163.11 crores from ₹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.
The Q4 EBITDA stood at ₹68.9 crores, up from ₹61.8 crores in the corresponding quarter of the previous year. However, the Q4 EBITDA margin contracted to 8.20% from 9.17% on a year-on-year basis. The following table summarises the key standalone financial metrics for the full year and Q4:
| Metric: | FY 2025-26 | FY 2024-25 | Q4 FY26 | Q4 FY25 |
|---|---|---|---|---|
| Revenue from Operations (₹ crores): | 3,022.67 | 2,408.39 | 840.27 | 674.03 |
| Net Profit / PAT (₹ crores): | 96.53 | 57.28 | 21.75 | 27.00 |
| EBITDA (₹ crores): | 288.96 | 202.42 | 68.90 | 61.80 |
| EBITDA Margin (%): | 9.60 | 8.40 | 8.20 | 9.17 |
| Profit Before Tax (₹ crores): | 135.13 | 71.25 | — | — |
Dividend and Fund Raising
The Board of Directors has recommended a dividend of ₹4.50 per share (45%) for FY 2025-26, subject to shareholder approval. Additionally, the board approved raising funds up to ₹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 ₹550 crores. The board also approved a technological upgradation plan for the EHV Cable facility at Satna with an outlay of approximately ₹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.
Historical Stock Returns for Universal Cables
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.94% | +2.88% | +18.72% | +33.10% | +80.38% | +521.00% |
How will the proposed ₹200 crore fund raising via NCDs impact the company's debt-equity ratio and interest costs?
What is the expected timeline for the ₹550 crore capacity expansion project to become operational and contribute to revenue?
Will the technological upgradation at the Satna facility improve EBITDA margins by reducing production costs?


































