Universal Cables FY26 net profit rises 68.5% to Rs 96.53 crore
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































