Universal Cables Limited has informed the Exchange regarding 'Capacity Addition'.
UNIVCABLES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Universal Cables Limited reported strong FY2026 results with standalone revenue of Rs. 3,022.67 crore (up 25.5% YoY) and profit before tax of Rs. 135.13 crore (up 89.7% YoY). The Board approved two capacity expansion initiatives: (1) an ongoing organic expansion project of Rs. 550 crores (announced Feb 2026), and (2) a new Rs. 73 crore technological upgradation and modernization of the EHV Cable facility at Satna, MP, to meet evolving international quality, safety and environmental standards and enhance overseas competitiveness. The company recommended a dividend of Rs. 4.50 per share (45%). Consolidated net profit for the year stood at Rs. 163.11 crore. The company also approved raising funds up to Rs. 200 crore via NCDs.
The dual capex investments totaling Rs. 623 crore signal significant growth orientation. The EHV modernization focuses on quality upgradation for export markets rather than volume increase. Strong profitability and cash generation support the expansion plans, though increased borrowings will raise leverage.