Ultracab (India) Limited , a prominent player in the wires and cables industry, has released its unaudited standalone financial results for the quarter ended September 30, 2025, revealing a mixed performance with decreased revenue and profitability.

Key Financial Highlights

Revenue and Profit Performance

Ultracab India's revenue from operations for Q2 FY2026 stood at ₹5,766.05 crore, showing a quarter-on-quarter decrease of 4.11%. The company experienced a significant drop in net profit, which fell to ₹16.87 crore from ₹70.27 crore in the previous quarter, marking a 76.00% decline.

Earnings Per Share

The company's earnings per share (EPS) for Q2 FY2026 was reported at ₹0.68, a substantial decrease from ₹2.82 in the previous quarter, reflecting the impact of reduced profitability on shareholder returns.

Balance Sheet Overview

As of September 30, 2025, Ultracab India reported total assets of ₹14,120.51 crore. The company's net worth, including retained earnings, stood at ₹9,048.60 crore, showcasing its equity base.

Operational Insights

The cost of materials consumed for Q2 FY2026 was ₹4,819.09 crore, representing a significant portion of the company's expenses. This suggests that raw material costs continue to be a crucial factor in the company's operational efficiency and profitability.

Corporate Governance

The Board of Directors approved these results in a meeting held on November 10, 2025. The company has adopted a new tax regime with an income tax rate of 25.17%, which may impact its future tax liabilities and net profitability.

Looking Ahead

As Ultracab India navigates through market challenges, investors and stakeholders will be keenly watching how the company manages its costs and improves profitability in the coming quarters. The wire and cable industry's dynamics, coupled with the company's strategic initiatives, will play a crucial role in shaping its future performance.

Investors are advised to consider these results in the context of broader market trends and the company's long-term growth strategies when making investment decisions.

Ultracab (India) Limited , a prominent player in the cable manufacturing industry, has recently secured two significant contracts from Larsen & Toubro Limited (L&T), marking a substantial boost to its order book and potential revenue growth.

Rs 50 Crore Purchase Order

Ultracab has been awarded a Purchase Order worth Rs 50.00 crores (inclusive of taxes) from L&T Construction. This order entails the supply of LT power and control cables for an EPC project undertaken by the L&T Construction Division. The contract is expected to be executed within one year and is anticipated to contribute positively to Ultracab's revenue and business performance.

Annual Rate Contract

In addition to the Purchase Order, Ultracab has also secured an Annual Rate Contract (ARC) from L&T Construction. This contract involves the supply of 63 LT cable items, including:

• PVC insulated cables with flexible conductors
• PVC insulated heavy-duty armoured electric cables
• XLPE insulated armoured cables

The ARC will cater to approximately 600+ project sites, stores, regional offices, and factories across eight divisions of the L&T Group throughout India. This extensive contract underscores the strong and long-term business relationship between Ultracab and L&T, a leading player in the infrastructure and EPC sector.

Contract Details

Both contracts have been awarded in the ordinary course of business and are expected to contribute positively to Ultracab's overall revenue and business growth. The company's ability to secure these significant contracts from a reputed client like L&T demonstrates its strong market position and the quality of its products.

As the cable manufacturing industry continues to play a crucial role in infrastructure development, Ultracab's recent contract wins position it favorably for potential growth. Investors and market watchers will likely keep a close eye on how these contracts impact the company's financial performance in the upcoming quarters.