# Universal Cables share price today (Universal Cables Ltd, NSE: UNIVCABLES)

> Universal Cables share price today: ₹1,232.70 at the NSE close on 3 November 2026, up 68.0% in a year. Universal Cables (NSE: UNIVCABLES) is worth ₹4,276 crore, trades at a P/E of 21.4 and has closed between ₹603.10 and ₹1,693.20 over the past 52 weeks. > Universal Cables Ltd's earnings have grown faster than its share price. Earnings per share grew +82.5% in a year while the price moved +68.0%. UNIVCABLES · Cables - Power · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/universal-cables-ltd

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: ₹1,232.70 (+68.0% in a year)
- P/E: 21.4× (higher than 82% of the last 9.3 years)
- Revenue (Jun 2026): ₹945 Cr (+57.5% on a year ago)
- Profit (Jun 2026): ₹70.0 Cr (+105.9% on a year ago)
- Operating margin: 10.0% (flat on a year ago)
- ROCE: 12%, FY26
- ROIC: 6.6%, against a 12.0% cost of capital: −5.4 points

The main question: results are strong, and the P/E is higher than 82% of its own history. ## What is the Universal Cables share price today? Universal Cables Ltd's share price was ₹1,232.70 at the close on 3 November 2026. It has been rising for 26 weeks. That is 2.4% 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 58% of the way up from that low. 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 +1,546% 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. ## What changed at Universal Cables this quarter? 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. ## What are Universal Cables' latest quarterly results? 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

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹945 crore | ₹600 crore | +57.5% |
| Profit | ₹70.0 crore | ₹34.0 crore | +105.9% |
| Earnings per share | ₹20.22 | ₹9.68 | +108.9% |
| Operating margin | 10.0% | 10.0% | 0.0 points |

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.)

## What is the Universal Cables share price history? Universal Cables closed at ₹1,232.70 on 3 November 2026, up 68.0% from ₹733.85 a year earlier (31 October 2025) and up 634.6% 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

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹1,316.25 | −6.3% |
| 1 month ago · 1 Oct 2026 | ₹1,451.85 | −15.1% |
| 6 months ago · 30 Apr 2026 | ₹837.45 | +47.2% |
| 1 year ago · 31 Oct 2025 | ₹733.85 | +68.0% |
| 3 years ago · 3 Nov 2023 | ₹520.70 | +136.7% |
| 5 years ago · 4 Nov 2021 | ₹167.80 | +634.6% |
| 10 years ago · 4 Nov 2016 | ₹80.85 | +1,424.7% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹74.90 | +1,545.8% |
| Highest weekly close since March 2016, also the 52-week high · 28 Aug 2026 | ₹1,693.20 | −27.2% |
| Lowest weekly close since March 2016 · 30 Dec 2016 | ₹68.90 | +1,689.1% |
| 52-week low (weekly close) · 13 Mar 2026 | ₹603.10 | +104.4% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (564 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Universal Cables? 3 Nov 2026: Universal Cables closed at ₹1,232.70, down 6.3% on the week and down 15.1% 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.)

## What dividend does Universal Cables pay? Universal Cables paid ₹4.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.37% at the ₹1,232.70 close on 3 November 2026. The last was a dividend of ₹4.50 a share, ex-date 27 July 2026. ### Universal Cables dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 27 Jul 2026 | ₹4.50 | Dividend | same day |
| 4 Sep 2025 | ₹4 | Dividend | 5 Sep 2025 |
| 26 Jul 2024 | ₹3 | Dividend | n/a |
| 4 Sep 2023 | ₹3 | Dividend | n/a |
| 15 Sep 2022 | ₹1.50 | Dividend | n/a |
| 15 Sep 2021 | ₹1 | Dividend | n/a |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

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 4 November 2026.)

## What did Universal Cables management say on the latest results call? 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.)

## What is Universal Cables' order book? 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.)

## What could change the Universal Cables story? What are the risks? 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.)

## Which stock lists is Universal Cables on? Universal Cables is on one of our India lists: Power & green energy stocks. - [Power & green energy stocks Group on the list: Power equipment, transformers and cables](https://www.sectoralpha.in/sectors/power-stocks-india)

## Is Universal Cables profitable? 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. 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. ## How much revenue does Universal Cables make, and is it growing? 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. 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. ## How much of every ₹100 of sales does Universal Cables keep? 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. 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. ## Is Universal Cables' profit turning into cash? 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. 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. ## Where does Universal Cables' cash go? 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. 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. ## What is Universal Cables' P/E ratio, and how does it compare with its own history? Universal Cables Ltd's P/E is 21.4×, near the high end of its own history: higher than 82% 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. Why the multiple is where it is: over the past year earnings per share moved +82.5% while the price moved +68.0%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +49.0% a year; about +17.6% a year came from earnings growth and about +31.4 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## What growth does the Universal Cables share price assume? Worked out from its price on 27 August 2026, Universal Cables Ltd's share price assumed profit growth of about 17.9% a year. Over the past 9 years its profit actually grew 9.8% a year. Today its P/E is 21.4×, higher than 82% of its own last 9.3 years. This is a one-day reading, taken on 27 August 2026. Every other number on this page, the multiple included, uses the latest price as of 3 November 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the Universal Cables business getting better or worse? Universal Cables Ltd's business is turning around. Profit growth has swung from −11.9% at its low to +69.5%, rising from a low 5 quarters ago, with ROCE rising at 14.6%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## What is the Universal Cables story, and has it been checked? Universal Cables Ltd's story is not scored yet against the checks our research 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

What is not proven yet. Interest cover 1.6x; debt/EBITDA ~4.9x, thin buffer if earnings dip

Sources: our stock research file (31 May 2026) · quarterly results through Jun 2026. The story check is re-scored every results season; the record below never changes. ## What is Universal Cables management's track record? Group ICD history (175 Cr, 2015) noted but stable current book. ### Regulatory and governance record

No SEBI/CBI/ED action or fraud allegation surfaced; sweep returned only unrelated insider-trading cases. 0% Promoter shares pledged

Sources:

- [screener.in](https://www.screener.in/company/UNIVCABLES/)
- [eshwars.com](http://www.eshwars.com)

(Checked 21 July 2026.)

## How much does Universal Cables earn on its capital? Universal Cables Ltd earned a ROCE of 12% in FY26. That is up from a low of 9% in FY21. Its return on capital used (ROIC) is 5.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 5.4% net margin and 0.70× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 5.4% net margin × 0.70× asset turnover × 2.29× leverage (assets divided by equity) ≈ 8.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 6.6% − 12.0% = −5.4 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Universal Cables have too much debt? Universal Cables Ltd has total debt of ₹1,177 Cr against shareholder equity of ₹1,891 Cr as of Jun 2026, so its debt is 0.62× its equity. Year by year, that ratio went from 0.54 in FY22 to 0.62 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Universal Cables shareholding pattern? Domestic institutions cut their stake in Universal Cables Ltd by 3.4 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 3.2% of the company. Foreign institutions moved +1.4 points over the same period, to 1.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −3.4 points over 8 quarters, to 3.2%; Foreign institutions: +1.4 points over 8 quarters, to 1.6%; Promoters: +0.0 points over 8 quarters, to 61.9%. Why the owners changed: domestic institutions drove it (−3.4 points), with the other side taken by foreign institutions (+1.4 points). They reduced their stake. ## How far is Universal Cables from balance-sheet trouble? For Universal Cables Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Universal Cables rank in its industry? 51.1 out of 100, rank 6 of 11 in Cables - Power, with 96% of the evidence available. Universal Cables Ltd scores 51.1 out of 100 against the 11 companies it is compared with in Cables - Power, ranking 6. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 23.5 + 7 + 13.5 + 7.1 = 51.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Universal Cables compared with? Universal Cables ranks 6 of 11 Cables - Power companies on the 4-Factor Sector Score, with 51.1 out of 100. 1. [V-Marc India Ltd](https://www.sectoralpha.in/stocks/v-marc-india-ltd) VMARCIND · leader · Most evidence points up · 63% evidence 67.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.0/35 · Revenue 48.9% · Profit 90.5% · Operating margin change 0 points · 59% evidence Capital efficiency 19.5/25 · ROCE 41.3% · Operating margin 11% · 76% evidence Valuation 9.1/20 · P/E 38.4× · PEG n/a · 15% evidence Relative strength 14.5/20 · Lead over its industry 29.9% · Lead over NIFTY 500 57.9% · 1 year 225.2% · 100% evidence · 11 of 12 weeks ahead Exact sum: 24 + 19.5 + 9.1 + 14.5 = 67.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Diamond Power Infrastructure Ltd](https://www.sectoralpha.in/stocks/diamond-power-infrastructure-ltd) DIACABS · leader · Evidence leans up · 79% evidence 64.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.5/35 · Revenue 92.6% · Profit 100% · Operating margin change 1 points · 88% evidence Capital efficiency 8.8/25 · ROCE 11.8% · Operating margin 11% · 100% evidence Valuation 8.5/20 · P/E 105× · PEG n/a · 15% evidence Relative strength 18.9/20 · Lead over its industry 36.7% · Lead over NIFTY 500 69.7% · 1 year 125.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 28.5 + 8.8 + 8.5 + 18.9 = 64.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [R R Kabel Ltd](https://www.sectoralpha.in/stocks/r-r-kabel-ltd) RRKABEL · losing its lead · Evidence leans up · 100% evidence 55.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.4/35 · Revenue 45.4% · Profit 66.3% · Operating margin change 1 points · 100% evidence Capital efficiency 14.0/25 · ROCE 28.1% · Operating margin 9% · 100% evidence Valuation 8.8/20 · P/E 34.4× · PEG 2.45 · 100% evidence Relative strength 5.3/20 · Lead over its industry -12.6% · Lead over NIFTY 500 12.8% · 1 year 45.6% · 100% evidence · 10 of 12 weeks ahead Exact sum: 27.4 + 14 + 8.8 + 5.3 = 55.5 · What this means: Earnings are strong; relative strength in its sector is -12.6% and the one-year return is 45.6%. 4. [Apar Industries Ltd](https://www.sectoralpha.in/stocks/apar-industries-ltd) APARINDS · leader · Evidence leans up · 100% evidence 55.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Revenue 23.4% · Profit 46.4% · Operating margin change 2 points · 100% evidence Capital efficiency 15.6/25 · ROCE 31.8% · Operating margin 10% · 100% evidence Valuation 4.6/20 · P/E 46.9× · PEG 1.57 · 100% evidence Relative strength 16.2/20 · Lead over its industry 1.7% · Lead over NIFTY 500 30.9% · 1 year 80.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.9 + 15.6 + 4.6 + 16.2 = 55.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Polycab India Ltd](https://www.sectoralpha.in/stocks/polycab-india-ltd) POLYCAB · quiet · Evidence leans up · 100% evidence 54.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.5/35 · Revenue 40.7% · Profit 28.6% · Operating margin change -2 points · 100% evidence Capital efficiency 20.6/25 · ROCE 33.2% · Operating margin 14% · 100% evidence Valuation 11.2/20 · P/E 37.2× · PEG 1.48 · 100% evidence Relative strength 6.6/20 · Lead over its industry -26.8% · Lead over NIFTY 500 -0.7% · 1 year 1.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.5 + 20.6 + 11.2 + 6.6 = 54.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. Universal Cables Ltd this page UNIVCABLES · losing its lead · Evidence leans up · 96% evidence 51.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.5/35 · Revenue 33.6% · Profit 69.5% · Operating margin change 0 points · 88% evidence Capital efficiency 7.0/25 · ROCE 11.7% · Operating margin 10% · 100% evidence Valuation 13.5/20 · P/E 20.9× · PEG 0.32 · 100% evidence Relative strength 7.1/20 · Lead over its industry -7.3% · Lead over NIFTY 500 18.9% · 1 year 63.2% · 100% evidence · 11 of 12 weeks ahead Exact sum: 23.5 + 7 + 13.5 + 7.1 = 51.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Delton Cables Ltd](https://www.sectoralpha.in/stocks/delton-cables-ltd) Evidence leans down · 61% evidence 46.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.1/35 · Revenue 54.6% · Profit -6.5% · Operating margin change 0.1 points · 83% evidence Capital efficiency 10.6/25 · ROCE 16.6% · Operating margin 8.7% · 95% evidence Valuation 10.3/20 · P/E 31.5× · PEG n/a · 15% evidence Relative strength 11.8/20 · Lead over its industry n/a · Lead over NIFTY 500 36.2% · 1 year n/a · 25% evidence Exact sum: 14.1 + 10.6 + 10.3 + 11.8 = 46.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Dynamic Cables Ltd](https://www.sectoralpha.in/stocks/dynamic-cables-ltd) DYCL · quiet · Evidence leans down · 100% evidence 44.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/35 · Revenue 21.2% · Profit 19.2% · Operating margin change -1 points · 100% evidence Capital efficiency 14.0/25 · ROCE 26.2% · Operating margin 10% · 100% evidence Valuation 14.2/20 · P/E 16.5× · PEG 0.84 · 100% evidence Relative strength 4.0/20 · Lead over its industry -29.6% · Lead over NIFTY 500 -5.9% · 1 year -20.9% · 100% evidence · 10 of 12 weeks ahead Exact sum: 12.7 + 14 + 14.2 + 4 = 44.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 9. [KEI Industries Ltd](https://www.sectoralpha.in/stocks/kei-industries-ltd) KEI · quiet · Evidence leans down · 100% evidence 44.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.5/35 · Revenue 25.1% · Profit 33.2% · Operating margin change 0 points · 100% evidence Capital efficiency 11.2/25 · ROCE 20% · Operating margin 10% · 100% evidence Valuation 11.4/20 · P/E 34.2× · PEG 1.37 · 100% evidence Relative strength 1.1/20 · Lead over its industry -37.9% · Lead over NIFTY 500 -15.5% · 1 year -6.5% · 100% evidence · 1 of 12 weeks ahead Exact sum: 20.5 + 11.2 + 11.4 + 1.1 = 44.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [JD Cables Ltd](https://www.sectoralpha.in/stocks/jd-cables-ltd) Too little evidence to rank firmly · 26% evidence 55.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.9/43.75 · Revenue n/a · Profit n/a · Operating margin change -1 points · 15% evidence Capital efficiency 20.9/31.25 · ROCE 33.6% · Operating margin 12% · 71% evidence Valuation 14.4/25 · P/E 14.8× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 19.9 + 20.9 + 14.4 = 55.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 11. [Systematic Industries Ltd](https://www.sectoralpha.in/stocks/systematic-industries-ltd) breaking out · Too little evidence to rank firmly · 43% evidence 48.8 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Cables - Power](https://www.sectoralpha.in/sectors/cables-power), all 11 compared on one page. ## Which companies are close to Universal Cables in size? Universal Cables is the 7th largest of 11 Cables - Power companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: R R Kabel, Diamond Power Infrastructure and V-Marc India. Just below it: Dynamic Cables, Delton Cables and Systematic Industries. ### Cables - Power companies close in size

1. [R R Kabel Ltd](https://www.sectoralpha.in/stocks/r-r-kabel-ltd) ₹23,251 crore
2. [Diamond Power Infrastructure Ltd](https://www.sectoralpha.in/stocks/diamond-power-infrastructure-ltd) ₹20,598 crore
3. [V-Marc India Ltd](https://www.sectoralpha.in/stocks/v-marc-india-ltd) ₹4,470 crore
4. Universal Cables Ltd ₹4,176 crore
5. [Dynamic Cables Ltd](https://www.sectoralpha.in/stocks/dynamic-cables-ltd) ₹1,542 crore
6. [Delton Cables Ltd](https://www.sectoralpha.in/stocks/delton-cables-ltd) ₹603 crore
7. [Systematic Industries Ltd](https://www.sectoralpha.in/stocks/systematic-industries-ltd) ₹547 crore

[All 11 Cables - Power companies, largest first](https://www.sectoralpha.in/sectors/cables-power#all-companies)

### Companies close in size in other industries

1. [IFB Industries Ltd](https://www.sectoralpha.in/stocks/ifb-industries-ltd) ₹4,181 crore · Domestic Appliances
2. [Novartis India Ltd](https://www.sectoralpha.in/stocks/novartis-india-ltd) ₹4,179 crore · Pharma - MNC bulk Drugs
3. Universal Cables Ltd ₹4,176 crore
4. [Datamatics Global Services Ltd](https://www.sectoralpha.in/stocks/datamatics-global-services-ltd) ₹4,163 crore · IT - Software
5. [Swaraj Engines Ltd](https://www.sectoralpha.in/stocks/swaraj-engines-ltd) ₹4,161 crore · Engines

## What else do people ask about Universal Cables? ### What is Universal Cables's share price today? Universal Cables Ltd's share price is ₹1,232.70, +68.0% over the past year. The whole company is worth ₹4,276 Cr on the market. In the last 52 weeks it traded between ₹603 to ₹1,693; today it is 58% of the way up from the low, 2.4% above its 200-day average (as of 3 November 2026). ### What were Universal Cables's latest quarterly results? Universal Cables Ltd reported revenue of ₹945 Cr and net profit of ₹70.0 Cr for the Jun 2026 quarter. Revenue rose 57.5% and profit rose 105.9% compared with a year earlier. Earnings per share were ₹20.22. The operating margin was 10.0%, 0.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Universal Cables's market cap? Universal Cables Ltd's market capitalisation is ₹4,276 Cr at a share price of ₹1,232.70. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Universal Cables performing? Universal Cables Ltd's share price has been rising for 26 weeks. In its latest quarter, revenue rose 57.5% and profit rose 105.9% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 2 weeks running (as of 3 November 2026). ### Will Universal Cables's share price go up? This page does not forecast Universal Cables Ltd's share price. What it shows instead: the share price is ₹1,232.70, and it has been rising for 26 weeks. Its P/E of 21.4× is higher than 82% of its own last 9 years (as of 3 November 2026). ### Who owns Universal Cables? Promoters own 61.9% of Universal Cables Ltd, foreign institutions 1.6%, domestic institutions 3.2% and the public 33.4% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 3.4 percentage points over 8 quarters (as of 3 November 2026). ### Where is Universal Cables in its business cycle? Universal Cables Ltd's FY26 operating margin was 9.0%, against a 10-year range of 7.0% to 12.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 10.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Universal Cables story? The main question: results are strong, and the P/E is higher than 82% of its own history. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Universal Cables a stock worth studying right now? What the numbers show: Universal Cables Ltd's earnings have grown faster than its share price. Earnings per share grew +82.5% in a year while the price moved +68.0%. The main open question: whether earnings grow enough to match the multiple. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Universal Cables share price forecast for 2026? What would change the story: Interest cover 1.6x; debt/operating profit ~4.9x, thin buffer if earnings dip. ### Where does this page get Universal Cables' management information? From Universal Cables' results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results. ## Lists

- Power & green energy stocks: https://www.sectoralpha.in/sectors/power-stocks-india

This is research, not advice. We’re not SEBI-registered.