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. →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.
Story so far
All notes on UNIVCABLES →- Today · 11:17 PM IST Universal Cables profit jumps 68% as it eyes export growth
- today Universal Cables reports FY26 results with no new surprises
- today Universal Cables hits record revenue as profit jumps 68.5%