Universal Cables share price today

Universal Cables Ltd's share price was ₹1,304.10 at the close on 4 November 2026. It has been rising for 26 weeks. That is 8.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹603 and ₹1,693, and at that close it sat 64% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Universal Cables Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running.

Over the last 11 years the share price moved +1,641% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 9 quarters in a row, profit up on a year earlier for 6 quarters in a row and highest quarterly profit in 15 quarters.

1. Revenue up on a year earlier for 9 quarters in a row

   In the June 2026 quarter revenue was ₹945 crore, +57.5% on a year earlier.

2. Profit up on a year earlier for 6 quarters in a row

   In the June 2026 quarter profit was ₹70 crore, +105.9% on a year earlier.

3. Highest quarterly profit in 15 quarters

   Profit of ₹70 crore in the June 2026 quarter is the highest of the last 15 quarters.

For April to June 2026 (the quarter ended 30 June 2026), Universal Cables reported revenue of ₹945 crore, up 57.5% from ₹600 crore a year earlier, and a profit of ₹70.0 crore, up 105.9% from ₹34.0 crore.

Universal Cables results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Universal Cables closed at ₹1,304.10 on 4 November 2026, up 81.1% from ₹720.00 a year earlier (7 November 2025) and up 677.2% over five years. Its highest weekly close since March 2016 was ₹1,693.20 on 28 August 2026.

Universal Cables share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

564 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Universal Cables closed at ₹1,304.10, up 8.9% on the week and down 10.2% on the month. 27 Jul 2026: ex-date for a dividend of ₹4.50 a share.

Earlier

• Results for April to June 2026: Revenue up 57.5% and profit up 105.9% on a year earlier.
• Our read, 31 May 2026: FY26 revenue ₹3,023 Cr (+25.5% on a year earlier ), operating margin 9.6% vs 8.4% in FY25 (+120 basis points ); consolidated profit ₹163 Cr (+83% on a year earlier ) driven by mix shift toward EHV and capacitor segments.,Pending order book ₹3,025 Cr as of Mar 31, 2026 including ₹495 Cr export orders; Middle-East 400kV EHV order deliveries scheduled through October to December 2026; revenue from exports expected to exceed 15% of FY27 planned revenue.,Two of four CCV lines commissioned and achieving near-maximum capacity utilisation; remaining two CCV lines expected by Aug 2026 and Sep 2026; EHV tech upgrade ₹73 Cr approved May 23, 2026 for precision manufacturing and export compliance.

Our read of the business

FY26 revenue ₹3,023 Cr (+25.5% on a year earlier ), operating margin 9.6% vs 8.4% in FY25 (+120 basis points ); consolidated profit ₹163 Cr (+83% on a year earlier ) driven by mix shift toward EHV and capacitor segments.,Pending order book ₹3,025 Cr as of Mar 31, 2026 including ₹495 Cr export orders; Middle-East 400kV EHV order deliveries scheduled through October to December 2026; revenue from exports expected to exceed 15% of FY27 planned revenue.,Two of four CCV lines commissioned and achieving near-maximum capacity utilisation; remaining two CCV lines expected by Aug 2026 and Sep 2026; EHV tech upgrade ₹73 Cr approved May 23, 2026 for precision manufacturing and export compliance.

January to March 2026: Record quarterly revenue ₹840 Cr; profit doubled on the previous quarter to ₹55.3 Cr, 7-quarter high on margin.

Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

Universal Cables paid ₹4.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.35% at the ₹1,304.10 close on 4 November 2026. The last was a dividend of ₹4.50 a share, ex-date 27 July 2026.

Universal Cables dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Universal Cables Ltd paid out 10% of its profit as dividends in FY26, and it paid a dividend in 9 of its last 10 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Universal Cables' management made 0 promises we could check against what it later reported.

Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

Pending order book ₹3,025 Cr at March 31, 2026 including export orders ₹495 Cr.

• Export orders exceeding ₹300 Cr currently in pipeline in addition to ₹495 Cr already in order book. ✓ fact
• Power capacitor division well positioned to contribute to top line and bottom line with healthy order book and stable margins. ✓ fact
• Order book ₹2,950 Cr as of December 31, 2025. ✓ fact

Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

Interest cover 1.6x; debt/operating profit ~4.9x, thin buffer if earnings dip.

The main risks

• Interest Cost Squeeze: Interest cover 1.6x; debt/operating profit ~4.9x, thin buffer if earnings dip. ⚠ estimate
• Copper/Aluminium Commodity Volatility: Raw materials >67% of revenue; no confirmed price-escalation clause in contracts. ✓ fact
• Expansion Timeline Slippage: CCV line 3/4 commissioning slipped at least once; goal Aug-Sep 2026. ✓ fact
• EHV Export Execution Risk: First large-scale EHV export order, execution quality is unproven at scale. ✓ fact

Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

Universal Cables is on one of our India lists: Power & green energy stocks.

Universal Cables Ltd earned ₹70.0 Cr of net profit in the Jun 2026 quarter, +105.9% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY26 profit was ₹163 Cr. Over 9 years profit has grown 9.8% a year on average. That is 7.4% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹34.0 Cr.

For the full year, FY26 profit was ₹163 Cr (+83.1% on the year before).

Why profit moved: revenue changed +57.5% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +87.8% and revenue +34.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

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.

Universal Cables Ltd reported ₹945 Cr of revenue in the Jun 2026 quarter, +57.5% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 9 years it has grown 15.6% a year on average. The last full year, FY26, came in at ₹3,022 Cr.

Revenue is everything the company billed its customers in the period.

Why this happened. Middle-East 400kV EHV cable order commenced delivery in FY26; deliveries scheduled through Q3 FY27; export revenue planned to exceed 15% of FY27 revenue vs 5.6% in FY26; UL certification obtained and European utility registrations in progress

The last four reported quarters add to ₹3,367 Cr.

FY26 revenue was ₹3,022 Cr, +25.6% on the year before.

Recent pace: the last four quarters grew +34.0% on average, against 15.6% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +33.6%, against +28.8% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +69.5%, against +48.2% a year (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.

Universal Cables Ltd's operating margin was 10.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 10 years it has been between 7.0% and 12.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed +0.0 percentage points on the year while gross margin changed −5.3 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

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.

Over the last 3 years, 76% of Universal Cables Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹63.0 Cr of operating cash against ₹163 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹303 Cr of spending on assets, free cash was −₹240 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 76% of profit came in as cash: the cash cycle got 91 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 5.2× depreciation over three years. The next section checks what that spending is building.

Universal Cables Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 115 days in FY26, down from 206 days in FY21. It spent ₹472 Cr on assets over the last 3 years. Customers take 138 days to pay, and stock sits for 98 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

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

At FY26 sales of ₹3,022 Cr, each day of that cycle ties up about ₹8.3 Cr, so roughly ₹952 Cr is tied up in the business at any time.

FY26: customers took 138 days to pay and stock sat for 98 days, about 3.2 months of sales sitting as stock, for a full cycle of 115 days, shorter than FY21's 206.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 98 days. Customers pay about 138 days after that. Suppliers are paid at 121 days. Together that makes the 115-day cycle.

Spending on assets: ₹472 Cr over the last 3 years, against ₹90.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹137 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Universal Cables Ltd's P/E is 22.6×, near the high end of its own history: higher than 85% of past readings. Its usual P/E (the middle reading) is 11.1×, over 9.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.