Universal Cables Limited, a leading manufacturer of power cables and capacitors, delivered robust financial performance for the quarter ended 31st December, 2025, driven by strong domestic and overseas demand. The company reported significant growth across key financial metrics, reflecting improved operational efficiency and market expansion.

Board Meeting Outcomes

The Board of Directors at its meeting held on 6th February, 2026 considered and approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31st December, 2025. The meeting commenced at 11:15 A.M. and concluded at 6:35 P.M.

Financial Performance Highlights

Quarterly Results (Q3FY26)

Nine-Month Performance (April-December 2025)

Operational Developments

Capacity Expansion Update

The company announced a revision in its organic expansion plan, increasing the aggregate capital outlay from ₹482 crore to approximately ₹550 crore. This revision accounts for modifications in technical specifications and upward price revisions due to better technological advantages and foreign currency movements on imported machinery.

Out of four planned CCV (Continuous Catenary Vulcanization) Lines, two have been commissioned and achieved near maximum capacity utilization during Q3. The remaining two lines are expected to be commissioned by May 2026 and September 2026 respectively.

Manufacturing Capacity Enhancement

Post expansion, the manufacturing capacity will increase significantly:

Satna (MP) Facility:

• LV, MV, HV/EHV Power Cables: Approximately 31,575-32,850 KMs per annum
• PVC Compounds: Approximately 9,000 MTs per annum

Verna (Goa) Facility:

• Insulated Winding Wires and Building Wires: Up to 2,50,000 KMs per annum

Strategic Initiatives

New Product Portfolio Addition

Universal Cables has entered into a Manufacturing Agreement with TS Conductor Corp, USA for manufacturing High Performance Conductors (HTLS). The company has initiated steps for obtaining required certifications and capacity augmentation at its Satna facility.

Joint Venture Performance

Birla Furukawa Fibre Optics Private Limited, the company's joint venture, achieved stellar performance during Q3 due to surge in demand for optical fibre in overseas markets, supported by increased activity in hyperscale data centres.

Market Outlook and Order Book

The company maintains a robust pending order book of approximately ₹2,950 crore as of 31st December, 2025. Based on this strong order book and pipeline orders, Universal Cables is confident of achieving revenue growth exceeding 25% during FY2025-26.

The company expects consistent revenue CAGR between 20-25% during FY2026-27 and FY2027-28, driven by market share consolidation in LV, MV and EHV Cables segments.

Corporate Changes

Shri Sudeep Jain resigned from his position as Company Secretary & Compliance Officer, effective from the close of business hours on 28th February, 2026, citing personal reasons. The resignation was accepted by the Board of Directors in their meeting held on 6th February, 2026.

Universal Cables Limited, an MP Birla Group company founded in 1962, operates manufacturing facilities at Satna (Madhya Pradesh) and Verna (Goa), specializing in electrical cables, wires, conductors, capacitors and related products.

Universal Cables has approved a strategic partnership deal with TS Conductor Corp, USA, marking a significant expansion into advanced conductor manufacturing. The collaboration focuses on producing High Temperature Low Sag (HTLS) conductors, representing a technological advancement in the company's product portfolio.

Strategic Partnership Details

The approved deal establishes a manufacturing partnership between Universal Cables and TS Conductor Corp, a US-based company specializing in advanced conductor technology. This collaboration will enable Universal Cables to produce HTLS conductors, which are specialized electrical transmission components designed for enhanced performance under high-temperature conditions.

HTLS Conductor Technology

High Temperature Low Sag conductors represent advanced technology in electrical transmission infrastructure. These specialized conductors are engineered to maintain structural integrity and performance efficiency under elevated temperature conditions while minimizing sagging, making them particularly valuable for power transmission applications.

Market Positioning Impact

The partnership with TS Conductor Corp positions Universal Cables to expand its presence in the specialized conductor segment. By incorporating advanced HTLS conductor manufacturing capabilities, the company enhances its product offerings beyond traditional cable manufacturing, potentially accessing new market segments requiring high-performance transmission solutions.

This strategic collaboration demonstrates Universal Cables' commitment to technological advancement and product diversification within the electrical infrastructure sector. The deal approval represents a step toward expanding the company's manufacturing capabilities through international technology partnerships.