Universal Cables Limited has informed the Exchange regarding a press release dated May 23, 2026, titled "Press Release Dated 23rd May, 2026".
UNIVCABLES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Universal Cables Limited reported strong financial performance for FY 2025-26. Standalone revenue grew 25.5% to Rs. 3,022.67 crores from Rs. 2,408.39 crores. Profit after tax surged 68.5% to Rs. 9,652.87 lakhs from Rs. 5,727.96 lakhs. Consolidated PAT grew even faster at 82.4% to Rs. 16,310.92 lakhs. The Board recommended a dividend of Rs. 4.50 per share (45%). Key developments include Rs. 550 crores ongoing capacity expansion and Rs. 73 crores technological upgradation of EHV Cable facility at Satna. The company plans to raise up to Rs. 200 crores via NCDs. An exceptional item of Rs. 681.89 lakhs was recorded for incremental gratuity liability due to new Labour Codes. The auditor gave a clean opinion with no qualifications.
Strong profit growth outpacing revenue growth indicates improved operational efficiency. Shareholders can expect dividend payout while the company continues heavy capex. The Rs. 200 crore NCD issuance may lead to increased debt levels.