Universal Cables share price, P/E, ROE & financials

Universal Cables (UNIVCABLES) had a P/E of 19.0× on 6 Nov 2026, below the industry P/E of 30.0×, and the shares are 38% below their 52-week high. Its ROCE of 12% is the lowest among the 7 largest Electrical Equipment & Parts peers, and sales and net profit grew 11% and 11% a year over 3 years. Its dividend yield is 0.3%, and debt is 0.62× equity. It is a small-cap company with a market cap of ₹3,812 Cr, ranked 29th of 97 Electrical Equipment & Parts companies by market cap; the shares rose 61% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹1,151.00
Day high: ₹1,164.90
Day low: ₹1,087.00
Prev. close: ₹1,175.10
Volume: 2 L

Health check

2 good · 1 fair · 3 to check

ReturnsAhead
+61.2% over a year, better than 6 of 7 peers.
Price tagCheaper
P/E 19.0 vs industry 30.0.
GrowthSlow
Sales +11.1%, profit +11.3% a year over 3 years.
ProfitabilityWeak
ROCE 11.7% vs peer median 22.1%.
Balance sheetFair
Debt 0.62× equity, interest covered 3.2×, Piotroski 6 of 9.
Red flags2 to check
38% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Electrical Equipment & Parts

96 listed peers. Screen the industry

Small cap

₹3,812 Cr, #29 of 97 in its industry by size.

Defensive

Beta 0.70 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹3,368 Cr · profit ₹200 Cr

Market cap: ₹3,812 Cr; Small cap
P/E: 19.0; Industry 30.0
Price to book: 2.02; Peers 7.24
Dividend yield: 0.35%
ROE: 8.9%; Peers 18.0%
ROCE: 11.7%; Peers 22.1%
Debt to equity: 0.62; Debt ₹1,177 Cr
EPS (TTM): ₹57.74; Face value ₹10
OPM (TTM): 8.7%; Net margin 5.9%
Sales growth: +57.5%; Latest quarter vs a year ago
Profit growth: +108.8%; Latest quarter vs a year ago
Price to sales: 1.13; EV/EBITDA 19.0

Strengths

Quarterly profit up 108.8% on a year ago.
Quarterly sales up 57.5% on a year ago.
P/E of 19.0 against an industry P/E of 30.0.
Positive operating cash flow in each of the last 4 years.

Risks to check

38% below its 52-week high.
Interest coverage of only 2.6×.

Derived automatically from reported figures. Not a recommendation.

About Universal Cables

Universal Cables Limited engages in the manufacture and sale of electrical and other cables, wires, conductors, accessories for cables and conductors, capacitors and capacitor banks, harmonic filters, and static VAR generators under the UNISTAR brand in India and internationally. The company offers XLPE cables, such as extra high voltage, medium voltage, low voltage, and aeriel bunched cables. It also provides PVC power and control cables; winding wires…

Headquarters: Gurugram
Employees: 832
Sector: Industrials
ISIN: INE279A01012
Website: unistar.co.in

Price range

52 weeks

₹576.00₹1,774.90

Today

₹1,087.00₹1,164.90

Avg volume (3M): 1.7 L
1-year return: plus 61.2%
From 52-week high: minus 38.1%

Peers · Electrical Equipment & Parts

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
POWERINDIAHitachi Energy India	27,800.00	minus 1.42%	1,23,911	107.7	95.3	24.9%	16.1%	0.02	22.2%	plus 37.9%
CGPOWERCG Power and Industrial Solutions	773.00	minus 4.43%	1,21,785	88.6	72.5	19.3%	13.1%	0.02	21.2%	plus 8.2%
POLYCABPolycab India	7,871.00	plus 0.28%	1,18,613	37.5	29.0	30.4%	13.6%	0.02	26.6%	plus 3.8%
HAVELLSHavells India	1,128.00	plus 5.61%	70,789	42.6	30.0	22.1%	9.1%	0.02	9.9%	minus 28.1%
APARINDSApar Industries	14,106.00	minus 9.65%	59,065	41.6	30.7	26.7%	9.5%	0.12	17.0%	plus 87.2%
KEIKEI Industries	3,988.00	minus 1.80%	38,143	36.1	29.9	18.7%	11.0%	0.04	19.1%	plus 1.8%
HONAUTHoneywell Automation India	30,080.00	minus 0.79%	26,613	47.0	35.7	15.7%	13.8%	0.02	10.9%	minus 17.5%
UNIVCABLESUniversal Cables	1,098.80	minus 6.49%	3,812	19.0	19.0	11.7%	8.7%	0.62	11.1%	plus 61.2%
Median of 7 peers	–	−1.42%	70,789	42.6	30.7	22.1%	13.1%	0.02	19.1%	3.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
600	814	768	840	945
543	740	708	771	854
57.4	74.1	59.8	68.9	91.1
9.6%	9.1%	7.8%	8.2%	9.6%
21.2	24.3	14.8	51.2	42.1
24.1	27.1	31.2	32.5	36.5
8.6	9.2	10.2	11	12.2
0.4	−0.4	0.4	–	0.4
46.4	61.8	33.6	76.6	84.8
27.5%	22.8%	19.0%	27.8%	17.3%
33.6	47.7	27.2	55.3	70.1
9.68	13.74	7.84	15.94	20.22

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +11.1%
Profit CAGR 3Y: +11.3%
EPS CAGR 3Y: +11.3%
ROE: 8.9%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
2,185	2,002	2,380	2,995
–	minus 8.4%	+18.9%	+25.9%
1,999	1,839	2,202	2,734
186	163	178	262
8.5%	8.1%	7.5%	8.7%
74.6	88.6	58.8	96.2
86	82.9	93.6	101
22.5	23.8	27.3	38.9
−0.9	−0.4	1.5	−0.9
152	144	117	217
22.0%	24.9%	23.9%	25.0%
118	108	89.4	163
–	minus 8.4%	minus 17.4%	+82.5%
34.05	31.19	25.76	47.01

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
34.7	34.7	34.7	34.7
1,462	1,740	1,737	1,856
657	771	849	1,177
657	774	799	1,255
2,810	3,320	3,419	4,323
148	178	269	533
10.6	0.2	34.5	137
274	402	345	323
5.3	4.1	8	9.4
2,372	2,735	2,763	3,321
2,810	3,320	3,419	4,323

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
143	33.1	176	63.5
−15.2	−49.9	−141	−257
−127	18.1	−31.2	192
0.5	1.3	3.9	−1.7
−27.8	−60.8	−163	−270
115	−27.7	12.6	−206
−5.2	−10.4	−10.3	−13.9

Shareholding pattern

Source: NSE filings

61.9%

promoters

Promoters61.89%
Public38.11%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	61.89%	38.11%	0.00
30 Jun 2026	61.89%	38.11%	0.00
31 Mar 2026	61.89%	38.11%	0.00
31 Dec 2025	61.89%	38.11%	0.00
30 Sep 2025	61.89%	38.11%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you