Universal Cables Ltd
UNIVCABLESUniversal Cables Ltd's price has outrun its earnings. +107.8% in a year against EPS +82.5% — the market is paying now for delivery later.
The sharpest disagreement: the price moved +107.8% in a year while annual EPS moved +82.5% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is in a confirmed uptrend (19 weeks in) while the P/E sits at the 93rd percentile of its own 9-year range. Underneath, the last four quarters read improving — profit +105.9% year on year, and 76% of the last 3 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Universal Cables Ltd trades at ₹1,493, in a confirmed uptrend and 19 weeks into that stage. That is +34.3% against its own 200-day average. It sits at 82% of a 52-week range of ₹603 to ₹1,693. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 7 straight weeks.
Today the stock is in a confirmed uptrend — week 19 of stage 2, confirmed. At ₹1,493 it trades +34.3% versus its 200-day average and sits at 82% of its 52-week range (₹603–₹1,693).
Against the market, two honest reads. Cumulative: over the last 10.5 years the stock moved +1,893% while the NIFTY 500 moved +267% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 7 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Story check
Universal Cables Ltd's story is not scored yet against the markers our research file set on 31 May 2026. Where it sits in its own cycle: Not stated in the research file. Still open: Interest cover 1.6x; debt/EBITDA ~4.9x — thin buffer if earnings dip Our fortnightly research layers last read it on 22 August 2026.
Our read, 31 May 2026. Universal Cables is executing a ₹550 Cr capacity expansion into India's power T&D supercycle, with order book at ₹3,025 Cr (1.0x FY26 revenue) and the first 400kV Middle-East EHV delivery validating export ambitions — but ROE of 8.9% and EBIT/interest coverage of 1.6x keep conviction capped at Bronze.
What is proven. Universal Cables is executing a ₹550 Cr capacity expansion into India's power T&D supercycle, with order book at ₹3,025 Cr (1.0x FY26 revenue) and the first 400kV Middle-East EHV delivery validating export ambitions — but ROE of 8.9% and EBIT/interest coverage of 1.6x keep conviction capped at Bronze.
What is not proven yet. Interest cover 1.6x; debt/EBITDA ~4.9x — thin buffer if earnings dip
🚨 Layer 1 read, 22 August 2026 — DROP. Real volume growth, but half the profit is not from operations and the shares have never been dearer. Sales in the June 2026 quarter were 57.5% higher than a year earlier and factory profit rose in step, so the operating story is working — two of the four new cable lines already run at near-maximum use and the order book of ₹3,025 crore is about a full year of sales. But when I opened the quarterly accounts, ₹42 crore of the ₹85 crore pre-tax profit was other income rather than operations, and the tax rate dropped from 28% to 17%, so the eye-catching "profit doubled" number is roughly half non-operating. The shares now change hands at 27.6 times earnings — the most expensive they have been in the whole ten-year record — which leaves no room for the last two lines slipping again, and they…
What would change Layer 1’s mind. Sharpening the timeline's own test: if both remaining cable lines are commissioned by September 2026 and operating margin then holds at or above 9.5% for two consecutive quarters WITH operating profit alone carrying the profit growth — i.e. other income flat in rupees while pre-tax profit rises — I would move this to P1. Conversely, a third slip in the commissioning date, or operating margin falling back below 8% while the interest bill keeps rising against a cover of only 1.6 times, breaks the…
Sources: our stock research file (31 May 2026) · quarterly results through Jun 26. The story check is re-scored every results season; the record below never changes.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Universal Cables Ltd reported ₹945 Cr of revenue in the Jun 26 quarter, +57.5% year on year. That is the 9th straight quarter of year-on-year growth. Over 9 years it has compounded at 15.6% a year. The last full year, FY26, came in at ₹3,022 Cr. The last four reported quarters add to ₹3,367 Cr.
Why this happened. Middle-East 400kV EHV cable order commenced delivery in FY26; deliveries scheduled through Q3 FY27; export revenue targeted to exceed 15% of FY27 revenue vs 5.6% in FY26; UL certification obtained and European utility registrations in progress
FY26 revenue came in at ₹3,022 Cr (+25.6% on the year), capping 9 years at 15.6% compound. The latest quarter (Jun 26) printed ₹945 Cr, +57.5% year on year — the 9th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +34.0% growth against the decade's 15.6% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +33.6% over the last 4 quarters against +28.8%/yr over the last 8 — accelerating; TTM profit +69.5% vs +48.2%/yr — accelerating.
FY26-Q4. revenue ₹840 Cr and profit ₹55 Cr as reported.
FY27-Q1. revenue ₹945 Cr and profit ₹70 Cr as reported.
Why-sources: our stock research file (31 May 2026) and the company’s own results for those quarters.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Universal Cables Ltd's operating margin is 10.0% in the Jun 26 quarter, +0.0 percentage points against the same quarter a year ago. Across 10 fiscal years the operating margin has ranged 7.0% to 12.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 10.0%, +0.0 pp against the same quarter a year ago. Across 10 fiscal years the operating margin has ranged 7.0%–12.0%.
Why the margin moved: operating margin went +0.0 pp year on year while gross margin went −5.3 pp — the gain came mostly from the gross line: input costs and pricing.
FY26-Q4. revenue ₹840 Cr and profit ₹55 Cr as reported.
FY27-Q1. revenue ₹945 Cr and profit ₹70 Cr as reported.
Why-sources: our stock research file (31 May 2026) and the company’s own results for those quarters.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Universal Cables Ltd earned ₹70.0 Cr of net profit in the Jun 26 quarter, +105.9% year on year. It is the 6th consecutive quarter of growth. Full-year FY26 profit was ₹163 Cr. The 9-year compound rate is 9.8%. That is 7.4% of the quarter's revenue. The same quarter a year earlier earned ₹34.0 Cr.
Jun 26 profit was ₹70.0 Cr, +105.9% year on year — the 6th consecutive quarter of growth. On the full year, FY26 printed ₹163 Cr (+83.1%), and the 9-year compound rate is 9.8%.
Why profit moved: revenue contributed +57.5% and the margin +0.0 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +87.8% vs revenue +34.0%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
FY26-Q4. revenue ₹840 Cr and profit ₹55 Cr as reported.
FY27-Q1. revenue ₹945 Cr and profit ₹70 Cr as reported.
Why-sources: our stock research file (31 May 2026) and the company’s own results for those quarters.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 76% of Universal Cables Ltd's reported profit arrived as operating cash — most of the profit is real cash. In FY26 that was ₹63.0 Cr of operating cash against ₹163 Cr of profit. After ₹303 Cr of capital spending, ₹−240 Cr was left as free cash.
FY26: operating cash of ₹63.0 Cr against reported profit of ₹163 Cr, leaving free cash of ₹−240 Cr after ₹303 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 76% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 76%: the cash cycle tightened 91 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner.
Router verdict: the bigger cash user is investment — capital spending ran 5.2× depreciation over three years, so the next section's job is to check what that build-out is buying.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Universal Cables Ltd's cash conversion cycle runs 115 days in FY26, down from 206 days in FY21. Capital spending ran ₹472 Cr over the last 3 years. At FY26 sales of ₹3,022 Cr each day of that cycle holds about ₹8.3 Cr, so roughly ₹952 Cr sits inside the business at any moment.
Why this happened. Government infrastructure push, electrification mandate, data centre load growth, and EV charging buildout are driving sustained cable demand; company management cited 'global electricity demand accelerating faster than supply' as the strategic backdrop
FY26: debtors at 138 days, inventory at 98 days — roughly 3.2 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 115 days, tighter than FY21's 206.
The full loop: cash goes out to suppliers and production on day 0; stock waits 98 days to sell; customers pay about 138 days after that; and suppliers themselves are paid at 121 days — netting out to the 115-day cycle.
In money terms: at FY26 sales of ₹3,022 Cr, each day of the cycle holds about ₹8.3 Cr — so the 115-day loop keeps roughly ₹952 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹472 Cr over the last 3 fiscal years against ₹90.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹137 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Universal Cables Ltd earns a ROCE of 12% in FY26. That is up from a trough of 9% in FY21. Return on invested capital clears the cost of that capital by −5.4 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 5.4% net margin on 0.70× asset turns.
FY26 ROCE is 12%, recovered from a FY21 trough of 9% — the full ladder below shows the fall and the climb, undoctored.
🚨 Why the return is what it is — the wiring (FY26): 5.4% net margin × 0.70× asset turns × 2.29× balance-sheet leverage ≈ 8.7% on equity. Margin does its share; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 6.6% − 12.0% = a −5.4 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Universal Cables Ltd carries total debt of ₹1,177 Cr against shareholder equity of ₹1,891 Cr as of Mar 26, a debt-to-equity of 0.62. On the annual view that ratio went from 0.54 in FY22 to 0.62 in FY26. Read the returns elsewhere on this page with that leverage in mind.
Mar 26: total debt of ₹1,177 Cr against shareholder equity of ₹1,891 Cr — a debt-to-equity of 0.62. On the annual view, debt-to-equity went from 0.54 (FY22) to 0.62 (FY26). Read the returns on this page with that leverage in mind.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Domestic institutions cut 1.9 points of Universal Cables Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 3.3% of the company. Foreign institutions moved +0.7 points over the same window, to 1.1%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Domestic institutions: −1.9 points over 8 quarters to 3.3%; Foreign institutions: +0.7 points over 8 quarters to 1.1%; Promoters: +0.0 points over 8 quarters to 61.9%.
🚨 Why the register moved: domestic institutions drove it (−1.9 points), absorbed on the other side by foreign institutions (+0.7 points) — distribution into the market’s bid.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Universal Cables Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Universal Cables Ltd trades at 25.9× P/E, at the pricey end of its own range (93rd percentile). Its long-run median P/E is 10.8×, measured across 9.2 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 25.9× is at the pricey end of its own range (93rd percentile), against a long-run median of 10.8× measured over 9.2 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year annual EPS moved +82.5% against a +107.8% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the +53.4%/yr price move, ~+17.7%/yr came from earnings growth and ~+35.7 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.
Solved at its 27 August 2026 price, Universal Cables Ltd was paying for profit growth of about 17.9% a year. Profit itself has compounded 9.8% a year over the past 9 years. Today the market pays 25.9× P/E, the 93rd percentile of its own 9-year range.
What the two numbers say together. The multiple is full against its own past, and the growth the price is paying for is above what this company has actually delivered.
How to hold this number: it is a reading of one day's price, taken on 27 August 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.
Stage: Turning around Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Universal Cables Ltd reads as turning around on its fundamental arc. Turning around — profit growth swung from −11.9% at the trough to +69.5% off a 5-quarter-old trough, ROCE holding at 12.6%. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: growth inflections are where re-ratings start — the curves say a turn is forming, so the question becomes whether the next quarters confirm it.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +25.6% | +11.1% | +18.7% | — |
| Profit | +83.1% | +11.4% | +19.5% | — |
| EPS | +82.5% | +11.4% | +19.4% | — |
| Share price | +107.8% | +43.7% | +53.4% | +33.1% |
4-Factor Sector Score
53.2/100 — rank 5 of 10 in Cables - Power · 100% evidence confidence
Universal Cables Ltd scores 53.2 out of 100 against the 10 companies it is compared with in Cables - Power, ranking 5. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 22 + 5.5 + 10.9 + 14.8 = 53.2. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Diamond Power Infrastructure LtdDIACABS | 67.1/100Favorable setup83% evidence | LEADER | 28.8/35 Revenue 92.6% · PAT 100% · OPM change 1 pp 100% evidence | 10.3/25 ROCE 26.5% · OPM 11% 100% evidence | 8.5/20 P/E 112× · PEG — 15% evidence | 19.5/20 RS sector 44.1% · RS bench 102.2% · 1Y 155.9%12 of 12 weeks ahead 100% evidence |
| Exact sum: 28.8 + 10.3 + 8.5 + 19.5 = 67.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2V-Marc India LtdVMARCIND | 67.0/100Favorable setup84% evidence | TURNING | 25.7/35 Revenue 48.9% · PAT 90.5% · OPM change 0 pp 75% evidence | 17.2/25 ROCE 41.3% · OPM 11% 100% evidence | 14.2/20 P/E 45.1× · PEG 0.68 65% evidence | 9.9/20 RS sector -58% · RS bench 112% · 1Y -23%4 of 12 weeks ahead 100% evidence |
| Exact sum: 25.7 + 17.2 + 14.2 + 9.9 = 67 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3R R Kabel LtdRRKABEL | 60.1/100Mixed-positive evidence100% evidence | LEADER | 28.9/35 Revenue 37.6% · PAT 79.6% · OPM change 2 pp 100% evidence | 14.1/25 ROCE 28.1% · OPM 9% 100% evidence | 8.6/20 P/E 44.8× · PEG 2.45 100% evidence | 8.5/20 RS sector -2% · RS bench 39.6% · 1Y 101%12 of 12 weeks ahead 100% evidence |
| Exact sum: 28.9 + 14.1 + 8.6 + 8.5 = 60.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Polycab India LtdPOLYCAB | 53.3/100Mixed-positive evidence100% evidence | ASLEEP | 18.5/35 Revenue 32.1% · PAT 29.6% · OPM change -1 pp 100% evidence | 20.9/25 ROCE 33.2% · OPM 14% 100% evidence | 9.9/20 P/E 43.4× · PEG 1.89 100% evidence | 4.0/20 RS sector -30.7% · RS bench 2.3% · 1Y 14%6 of 12 weeks ahead 100% evidence |
| Exact sum: 18.5 + 20.9 + 9.9 + 4 = 53.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Universal Cables Ltdthis pageUNIVCABLES | 53.2/100Mixed-positive evidence100% evidence | LEADER | 22.0/35 Revenue 33.6% · PAT 69.5% · OPM change 0 pp 100% evidence | 5.5/25 ROCE 11.7% · OPM 10% 100% evidence | 10.9/20 P/E 25.9× · PEG 1.25 100% evidence | 14.8/20 RS sector 10.4% · RS bench 57.2% · 1Y 110.8%12 of 12 weeks ahead 100% evidence |
| Exact sum: 22 + 5.5 + 10.9 + 14.8 = 53.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Apar Industries LtdAPARINDS | 48.9/100Mixed-negative evidence100% evidence | LEADER | 19.6/35 Revenue 24% · PAT 33.9% · OPM change 2 pp 100% evidence | 16.2/25 ROCE 31.8% · OPM 11% 100% evidence | 0.5/20 P/E 60.8× · PEG 2.94 100% evidence | 12.6/20 RS sector 8.6% · RS bench 55.1% · 1Y 125.1%12 of 12 weeks ahead 100% evidence |
| Exact sum: 19.6 + 16.2 + 0.5 + 12.6 = 48.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7Dynamic Cables LtdDYCL | 48.7/100Mixed-negative evidence87% evidence | BREAKING OUT | 12.4/35 Revenue 19.1% · PAT 26.4% · OPM change 1 pp 95% evidence | 13.6/25 ROCE 26.2% · OPM 11% 95% evidence | 12.1/20 P/E 24.2× · PEG — 50% evidence | 10.6/20 RS sector -12% · RS bench 30% · 1Y 6.3%10 of 12 weeks ahead 100% evidence |
| Exact sum: 12.4 + 13.6 + 12.1 + 10.6 = 48.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8KEI Industries LtdKEI | 43.2/100Mixed-negative evidence97% evidence | FADING | 21.1/35 Revenue 20.3% · PAT 34.2% · OPM change 2 pp 95% evidence | 13.1/25 ROCE 20% · OPM 12% 95% evidence | 7.4/20 P/E 43.9× · PEG 1.92 100% evidence | 1.6/20 RS sector -32.5% · RS bench -0.4% · 1Y 13.4%5 of 12 weeks ahead 100% evidence |
| Exact sum: 21.1 + 13.1 + 7.4 + 1.6 = 43.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 9JD Cables Ltd544524 | 54.9/100Thin evidence · provisional31% evidence | 14.5/35 Revenue — · PAT — · OPM change -1 pp 26% evidence | 18.9/25 ROCE 33.6% · OPM 12% 76% evidence | 11.5/20 P/E 14.8× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —3 of 5 weeks ahead to 2026-08-09 0% evidence | |
| Exact sum: 14.5 + 18.9 + 11.5 + 10 = 54.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 10Systematic Industries Ltd544541 | 43.7/100Thin evidence · provisional36% evidence | 13.9/35 Revenue — · PAT — · OPM change -1 pp 39% evidence | 9.3/25 ROCE 17.4% · OPM 6% 76% evidence | 10.5/20 P/E 28.2× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y 32.5%1 of 5 weeks ahead 0% evidence | |
| Exact sum: 13.9 + 9.3 + 10.5 + 10 = 43.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Universal Cables Ltd's share price today?
Universal Cables Ltd trades at ₹1,493, +107.8% over the past year. The company is valued at ₹5,178 Cr. The stock sits at 82% of its 52-week range of ₹603–₹1,693, +34.3% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 19 weeks in. — as of 11 September 2026.
What were Universal Cables Ltd's latest quarterly results?
Universal Cables Ltd reported revenue of ₹945 Cr and net profit of ₹70.0 Cr for the Jun 26 quarter. Revenue rose 57.5% and profit rose 105.9% year on year. Earnings per share were ₹20.22. The operating margin was 10.0%, 0.0 pp higher than a year earlier. — as of 11 September 2026.
What is Universal Cables Ltd's revenue?
Universal Cables Ltd reported revenue of ₹945 Cr in the Jun 26 quarter, +57.5% year on year. For the full FY26 fiscal year, revenue was ₹3,022 Cr (+25.6%). Over the last 9 years revenue compounded at 15.6% a year. — as of 11 September 2026.
What is Universal Cables Ltd's profit?
Universal Cables Ltd earned ₹70.0 Cr of net profit in the Jun 26 quarter, +105.9% year on year — the 6th straight quarter of growth. Full-year FY26 profit was ₹163 Cr. The operating margin ran 10.0% in the latest quarter. — as of 11 September 2026.
What is Universal Cables Ltd's market cap?
Universal Cables Ltd's market capitalisation is ₹5,178 Cr at a share price of ₹1,493. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.
What is Universal Cables Ltd's P/E ratio?
Universal Cables Ltd trades at a P/E of 25.9×, at the 93rd percentile of its own 9-year range, against a long-run median of 10.8×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.
Does Universal Cables Ltd pay a dividend?
Yes — Universal Cables Ltd's dividend payout was 10% of profit in FY26, and it recorded a payout in 9 of its last 10 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 11 September 2026.
Is Universal Cables Ltd overvalued?
On its own history, Universal Cables Ltd looks expensive: its P/E of 25.9× sits at the 93rd percentile of its 9-year range (long-run median 10.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.
Is Universal Cables Ltd growing?
Yes — Universal Cables Ltd is growing: latest-quarter revenue +57.5% year on year, profit +105.9%, and the margin +0.0 pp at 10.0%. The 9-year compound rates are 15.6% (revenue) and 9.8% (profit). The earnings engine currently reads: improving — as of 11 September 2026.
How is Universal Cables Ltd performing?
Universal Cables Ltd is in a confirmed uptrend, 19 weeks in. Its latest quarter's revenue rose 57.5% and profit rose 105.9% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 7 weeks. This describes what the data did, not a rating. — as of 11 September 2026.
What stage is Universal Cables Ltd in?
Turning around — profit growth swung from −11.9% at the trough to +69.5% off a 5-quarter-old trough, ROCE holding at 12.6%. The read comes from the last 12 quarters of growth (revenue growth +33.6% latest, profit growth +69.5% latest, eps growth +70.4% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 11 September 2026.
Is Universal Cables Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 19 of stage 2), trading +34.3% versus its 200-day average and at 82% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.
Is Universal Cables Ltd beating the market?
On recent form, yes — Universal Cables Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 7 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.5 years the stock moved +1,893% against the NIFTY 500's +267% — ahead of the index over the full window. — as of 11 September 2026.
Will Universal Cables Ltd's share price go up?
This page publishes no price forecast for Universal Cables Ltd. What it measures instead: the share price is ₹1,493, the price is in a confirmed uptrend 19 weeks in. Its P/E of 25.9× sits at the 93rd percentile of its own 9-year range. — as of 11 September 2026.
Who owns Universal Cables Ltd?
Promoters hold 61.9% of Universal Cables Ltd, foreign institutions 1.1%, domestic institutions 3.3% and the public 33.7% (latest quarter). The biggest move on the register over the last two years: Domestic institutions cut 1.9 points over 8 quarters. — as of 11 September 2026.
Does Universal Cables Ltd have too much debt?
It is moderate — Universal Cables Ltd's debt-to-equity is 0.62, and operating profit covers the interest bill 2×. FY26 borrowings were ₹1,177 Cr against equity of ₹1,891 Cr. Read the returns on this page with that leverage in mind — as of 11 September 2026.
What is Universal Cables Ltd's capex?
Universal Cables Ltd spent ₹472 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹303 Cr, with ₹137 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 11 September 2026.
What is Universal Cables Ltd's cash flow?
Universal Cables Ltd generated ₹63.0 Cr of operating cash flow in FY26 and ₹−240 Cr of free cash flow after ₹303 Cr of capital spending. Reported profit that year was ₹163 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 11 September 2026.
Is Universal Cables Ltd's profit real cash?
Mostly — over the last 3 fiscal years, 76% of Universal Cables Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹63.0 Cr against reported profit of ₹163 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 11 September 2026.
Where is Universal Cables Ltd in its business cycle?
Universal Cables Ltd's FY26 operating margin was 9.0%, against a 10-year band of 7.0%–12.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 10.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.
What growth does Universal Cables Ltd's price assume?
At its price on 27 August 2026, Universal Cables Ltd was priced for profit growth of about 17.9% a year. Profit itself has compounded 9.8% a year over the past 9 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.
What could break the Universal Cables Ltd story?
The sharpest disagreement: the price moved +107.8% in a year while annual EPS moved +82.5% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.
Is Universal Cables Ltd a stock worth studying right now?
This is not investment advice. The machine read: Universal Cables Ltd's price has outrun its earnings. +107.8% in a year against EPS +82.5% — the market is paying now for delivery later. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.
Not SEBI Registered !! Not Investment advice !!