Tipsheet
What matters at India’s listed companies
Earnings · Engineering

Universal Cables profit jumps 68% as it eyes export growth

The cable maker posted a standalone net profit of ₹96.5 crore for FY26, backed by a ₹3,025 crore order book and new capital expenditure plans.

2 earlier stories on Universal Cables Ltd.
Mkt cap₹3,511 cr
P/E22.30×
ROE5.04%
Debt / eq.0.48
Div yld0.40%
₹96.5 cr Standalone net profit for the year ended March 2026.

What's new

  • Net profit rose 68.5% to ₹96.5 cr on revenue of ₹3,023 cr.
  • Board approved a ₹73 cr upgrade for its extra-high voltage cable plant.
  • Company authorized a ₹200 cr NCD issuance to fund capital expenditure.

Why this matters

The company is using its earnings momentum to fund a push into higher-margin export markets. The ₹73 crore upgrade to its extra-high voltage facility is a clear bet on meeting international quality standards to sustain that growth.

What we're watching

  • Execution of the ₹73 crore plant upgrade.
  • The timing and interest rate of the ₹200 crore NCD issuance.
  • Conversion of the ₹495 crore export order book into revenue.

The full read

Universal Cables delivered a strong FY26, with standalone net profit climbing 68.5% to ₹96.5 crore on revenue of ₹3,023 crore. The 25.5% revenue growth reflects a shift toward higher volumes and a better product mix. Management is now reinvesting those gains. They authorized a ₹73 crore upgrade to the extra-high voltage cable plant to meet international quality standards. To fund this and other capital needs, the board approved a ₹200 crore non-convertible debenture issuance. With an order book of ₹3,025 crore—including ₹495 crore in exports—the company is positioning itself for a larger footprint abroad. A dividend of ₹4.50 per share rounds out the annual results. This is a routine disclosure of a solid year. The focus now shifts to how quickly the company can translate its new capital investments into higher export margins. It is a test of execution.

Questions answered

What drove the 68.5% increase in net profit?
Profit growth was fueled by a 25.5% rise in revenue to ₹3,023 crore, supported by higher sales volumes and an improved product mix.
How does the company plan to fund its new capital expenditure?
Universal Cables authorized a ₹200 crore non-convertible debenture issuance to finance its growth and capital expenditure requirements.
What is the status of the company's order book?
The order book stood at ₹3,025 crore at the end of the fiscal year, with export orders accounting for ₹495 crore of that total.
What dividend did the board recommend?
The board recommended a dividend of ₹4.50 per share for the fiscal year.
Mentioned: Universal Cables Ltd. · FY26 · ₹200 cr NCD issuance
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

  1. Today · 11:17 PM IST Universal Cables profit jumps 68% as it eyes export growth
  2. today Universal Cables reports FY26 results with no new surprises
  3. today Universal Cables hits record revenue as profit jumps 68.5%