Universal Cables delivered exceptional quarterly results for Q4 FY26, with consolidated net profit rising 11.33% year-on-year to ₹55.32 crore and a remarkable 103.46% quarter-on-quarter surge. According to Business Standard, the company's revenue from operations increased 24.66% YoY to ₹840.27 crore during the quarter, while also showing 9.42% QoQ growth from ₹767.92 crore. The strong performance was further supported by profit before tax standing at ₹76.6 crore, representing a 17.94% YoY increase and 128.25% QoQ growth. Market responded positively to these results, with shares surging 9.68% to ₹1,111.80 following the earnings announcement.
In a significant strategic move, the board of Universal Cables approved a comprehensive technology upgradation and modernisation plan for the company's EHV Cable facility at Satna, Madhya Pradesh, with an estimated outlay of approximately ₹73 crore during its meeting held on 23 May 2026. As reported by Business Standard, this investment focuses on precision manufacturing capabilities to enhance the facility's operational efficiency and production capacity. The facility upgrade is part of a larger organic capacity expansion project involving an estimated investment of ₹550 crore, as reported by Business Standard. The company plans to modernise its EHV cable facility to broaden product specifications and improve utilisation without materially altering overall production capacity, with the investment designed to enhance manufacturing precision and flexibility to cater to evolving domestic and international standards, while improving competitiveness in overseas markets.
The company's annual performance showed impressive growth metrics, with full-year consolidated net profit surging 171.58% YoY to ₹107.79 crore in FY26 compared to the previous year. According to Business Standard, annual revenue increased 25.83% YoY to ₹2,182.40 crore in FY26 versus the previous year, indicating sustained business expansion. The company also achieved profit before tax of ₹140.8 crore for FY26, representing a 168.14% YoY increase. Net cash flow from operating activities stood at ₹63.48 crore in FY26 compared to ₹175.62 crore in FY25, while the company maintained strong operational performance with EBITDA margin improving to 9.60% during FY2025-26 from 8.40% in the previous year.
The company maintains a strong order book position with pending orders worth approximately ₹3,025 crore as of 31 March 2026, including export orders worth approximately ₹495 crore. As reported by Business Standard, the company added that export orders exceeding ₹300 crore are currently in the pipeline, demonstrating strong international demand. The company's operational metrics showed significant improvement, with operating profit margin (OPM) expanding to 8.20% in Q4 FY2026 from 9.17% in the corresponding quarter of the previous year. PBDT (Profit Before Depreciation and Tax) increased 22% to ₹87.58 crore and PBT (Profit Before Tax) rose 18% to ₹76.60 crore in the quarter, reflecting enhanced operational efficiency and cost management initiatives.
The board of Universal Cables has recommended a dividend of ₹4.50 per share (45%) for FY 2025-26, subject to shareholder approval. Additionally, the board approved raising funds up to ₹200 crore through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis, with a 'Debenture Issue & Allotment Committee' constituted to facilitate this process. In management changes, Shri Ajay Kumar Sharma was appointed as the Company Secretary and Chief Compliance Officer effective May 23, 2026, while the board noted the cessation of Shri Bachh Raj Nahar as a Director effective June 13, 2026 in line with listing regulations. The company operates in the power cables and electrical conductors industry, supplying extra high voltage (EHV) cables and related products to domestic and overseas markets, focusing on technologically advanced manufacturing to meet evolving international quality standards.
