Universal Cables Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on 23rd May, 2026 has inter alia, considered and recommended Dividend of Rs. 4.50 per share (45%) for the financial year 2025-26, subject to approval of members at the ensuing Eighty First (81st) Annual General Meeting of the Company.
UNIVCABLES · price
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Universal Cables Limited's Board of Directors has recommended a dividend of Rs. 4.50 per share (45%) for FY 2025-26, totaling Rs. 1,561.29 lakhs, subject to shareholder approval at the 81st AGM. The company reported strong financial performance with standalone revenue from operations growing 25.5% year-on-year to Rs. 3,022.67 crores and standalone net profit surging 68.5% to Rs. 965.29 lakhs. Consolidated net profit increased 82.6% to Rs. 1,631.09 lakhs with EPS of Rs. 47.01. The Board also approved raising funds up to Rs. 200 crores via NCDs and technological upgradation of the EHV Cable facility at Satna (M.P.) with an outlay of Rs. 73 crores.
The company delivered robust financial growth with near-doubling of profits, supporting the dividend recommendation. The planned capital expansion and debt issuance signal investment phase, while the dividend provides direct shareholder returns.