The Board of Directors in its meeting held on 23rd May, 2026, has approved the plan for technological upgradation and modernisation of Company''s EHV Cable facility at Satna (M.P.) with ....
UNIVCABLES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Universal Cables Ltd reported strong FY2026 results with standalone revenue of Rs.302.3 crore (up 25.5% YoY) and PAT of Rs.96.5 crore (up 68.5% YoY). Consolidated PAT stood at Rs.163.1 crore (up 82.5% YoY). The board approved Rs.73 crore technological upgradation of EHV Cable facility at Satna alongside an existing Rs.550 crore capacity expansion. A dividend of Rs.4.50 per share (45%) was recommended. Independent Director Bachh Raj Nahar will retire upon attaining age 75 on June 14, 2026. The company also approved raising up to Rs.200 crore via NCDs on private placement. Operating cash flow declined to Rs.63.5 crore from Rs.175.6 crore in prior year due to working capital buildup (inventories, receivables). Auditor BGJC & Associates issued clean unqualified opinions on both standalone and consolidated results.
Strong profitability growth with PAT up 68-82% reflects operational efficiency. However, sharply declining operating cash flow and rising debt levels (total borrowings now Rs.1,175.6 crore) warrant monitoring. The capex investments signal growth orientation but increase financial leverage.