The Board of Directors of the Company at its Meeting held today i.e. 23rd May, 2026 has, interalia, considered and approved Audited Standalone and Consolidated Financial Results of the ....
UNIVCABLES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Universal Cables Limited reported strong FY2025-26 results with standalone revenue from operations growing 25.5% to Rs 302,267 lakhs from Rs 240,839 lakhs in FY25. Standalone PAT surged 68.5% to Rs 9,653 lakhs vs Rs 5,728 lakhs, while consolidated PAT jumped 82.5% to Rs 16,311 lakhs from Rs 8,939 lakhs. Consolidated EPS stood at Rs 47.01 (vs Rs 25.76). The Board approved Rs 73 crore technological upgradation of EHV Cable facility at Satna alongside existing Rs 550 crore capacity expansion. Dividend of Rs 4.50 per share (45%) was recommended. Funds of up to Rs 200 crore will be raised via NCDs on private placement. Independent Director Shri Bachh Raj Nahar's term ends June 13, 2026 upon attaining age 75. Statutory auditors BGJC & Associates LLP issued clean opinions. Note: An associate company's three subsidiaries excluded from consolidation due to ex-directors allegedly having unauthorized possession of books of account.
Strong double-digit growth in both standalone and consolidated PAT demonstrates robust operational performance. Capital expansion plans and NCD issuance signal confidence but will increase debt levels. The emphasis of matter on subsidiary governance issues at associate level warrants monitoring. Dividend declaration is positive for shareholders.