Universal Cables Limited has informed the Exchange regarding Change in Auditors of the company.
UNIVCABLES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Universal Cables reported audited standalone results for FY 2024-25 with revenue from operations rising about 19% year-on-year to Rs. 2,408.39 crores and net profit up roughly 6% to Rs. 57.28 crores. Q4 standalone revenue hit a record Rs. 674.03 crores (up 16% YoY) and Q4 net profit was Rs. 27.01 crores. Consolidated FY25 net profit was Rs. 89.39 crores versus Rs. 108.22 crores in FY24, dragged lower at the consolidated level despite a strong quarter. The Board recommended a dividend of Rs. 4 per share (40%) on 3.47 crore equity shares, totalling about Rs. 13.88 crores, pending shareholder approval. BGJC & Associates LLP continues as statutory auditors; the company appointed R.K. Mishra & Associates as Secretarial Auditors for five years and P K M B & Co. as Internal Auditors for the Satna unit for FY26. Management guided to a 20–25% revenue CAGR over the next five years, with a Rs. 505 crore capex plan at Satna and Goa being completed in FY26 and further expansion under consideration.
Positive for shareholders: record quarterly revenue, healthy dividend, and upbeat growth guidance backed by 90% capacity utilisation. Watch for execution risk on the larger Rs. 505 crore capex and the dip in consolidated net profit versus last year, even as standalone profits grew.