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5042

Universal CablesBSE:504212 Stock Report

Market Cap

₹5.8b

7D

-5.4%

1Y

22.6%

Updated

22 Oct, 2021

Data

Company Financials
504212 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends2/6

504212 Overview

Universal Cables Limited manufactures and sells electrical and other cables, capacitors, wires and conductors, and other products under the UNISTAR brand name in India and internationally.

Universal Cables Competitors

Havells India

NSEI:HAVELLS

₹821.2b

Polycab India

NSEI:POLYCAB

₹329.3b

V-Guard Industries

BSE:532953

₹109.3b

KEI Industries

BSE:517569

₹79.5b

Price History & Performance

Summary of all time highs, changes and price drops for Universal Cables
Historical stock prices
Current Share Price₹166.05
52 Week High₹112.00
52 Week Low₹217.55
Beta0.87
1 Month Change-3.52%
3 Month Change-11.61%
1 Year Change22.64%
3 Year Change-27.96%
5 Year Change93.76%
Change since IPO758.14%

Recent News & Updates

Shareholder Returns

504212IN ElectricalIN Market
7D-5.4%-7.4%-2.4%
1Y22.6%101.2%62.6%

Return vs Industry: 504212 underperformed the Indian Electrical industry which returned 101.2% over the past year.

Return vs Market: 504212 underperformed the Indian Market which returned 62.6% over the past year.

Price Volatility

Is 504212's price volatile compared to industry and market?
504212 volatility
504212 Beta0.87
Industry Beta0.92
Market Beta1

Stable Share Price: 504212 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 504212's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1945961Y. Lodhahttps://www.unistar.co.in

Universal Cables Limited manufactures and sells electrical and other cables, capacitors, wires and conductors, and other products under the UNISTAR brand name in India and internationally. It offers XLPE cables, such as extra high voltage, medium voltage, low voltage, and aeriel bunched cables for use in power transmission and distribution, railways, fertilizers, petro-chemical plants, submarine and under water power transmission, steel plants, power station wiring, chemical plants, under water wiring, mines for power distribution, and control and instrumentation circuits. The company also provides PVC power and control cables for use in power distribution, control system, utility network, railway signaling installations, switching stations, textile mills, chemical plants, machine shops, etc.; PVC insulated winding wires and flat motor leads; elastomeric cables for trailing, ship wiring, and defense applications; and mining cables for land line, LHD and SDL machines, drills, coal cutters, stacker-reclaimers, and earth moving equipment.

Universal Cables Fundamentals Summary

How do Universal Cables's earnings and revenue compare to its market cap?
504212 fundamental statistics
Market Cap₹5.76b
Earnings (TTM)₹887.59m
Revenue (TTM)₹13.54b

6.5x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
504212 income statement (TTM)
Revenue₹13.54b
Cost of Revenue₹9.86b
Gross Profit₹3.68b
Expenses₹2.79b
Earnings₹887.59m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)25.58
Gross Margin27.19%
Net Profit Margin6.56%
Debt/Equity Ratio46.0%

How did 504212 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

4%

Payout Ratio

Valuation

Is Universal Cables undervalued compared to its fair value and its price relative to the market?

9.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 504212 (₹166.05) is trading below our estimate of fair value (₹182.99)

Significantly Below Fair Value: 504212 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 504212 is good value based on its PE Ratio (6.5x) compared to the Indian Electrical industry average (28.9x).

PE vs Market: 504212 is good value based on its PE Ratio (6.5x) compared to the Indian market (21.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 504212's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 504212 is good value based on its PB Ratio (0.5x) compared to the IN Electrical industry average (1.6x).


Future Growth

How is Universal Cables forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.9%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Universal Cables has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Universal Cables performed over the past 5 years?

8.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 504212 has high quality earnings.

Growing Profit Margin: 504212's current net profit margins (6.6%) are higher than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: 504212's earnings have grown by 8.8% per year over the past 5 years.

Accelerating Growth: 504212's earnings growth over the past year (55.8%) exceeds its 5-year average (8.8% per year).

Earnings vs Industry: 504212 earnings growth over the past year (55.8%) exceeded the Electrical industry 49.8%.


Return on Equity

High ROE: 504212's Return on Equity (7.8%) is considered low.


Financial Health

How is Universal Cables's financial position?


Financial Position Analysis

Short Term Liabilities: 504212's short term assets (₹11.3B) exceed its short term liabilities (₹8.9B).

Long Term Liabilities: 504212's short term assets (₹11.3B) exceed its long term liabilities (₹3.2B).


Debt to Equity History and Analysis

Debt Level: 504212's debt to equity ratio (46%) is considered high.

Reducing Debt: 504212's debt to equity ratio has reduced from 165.3% to 46% over the past 5 years.

Debt Coverage: 504212's debt is not well covered by operating cash flow (17.2%).

Interest Coverage: 504212's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Dividend

What is Universal Cables's current dividend yield, its reliability and sustainability?

0.60%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 504212's dividend (0.6%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: 504212's dividend (0.6%) is low compared to the top 25% of dividend payers in the Indian market (1.38%).


Stability and Growth of Payments

Stable Dividend: 504212's dividend payments have been volatile in the past 10 years.

Growing Dividend: 504212's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (3.9%), 504212's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.7yrs

Average management tenure


CEO

Y. Lodha (57 yo)

6.42yrs

Tenure

₹11,923,000

Compensation

Mr. Y. S. Lodha has been Chief Executive Officer of Universal Cables, Ltd. since May 15, 2015. Mr. Lodha has been Managing Director and Additional Director at Universal Cables Limited since February 11, 20...


CEO Compensation Analysis

Compensation vs Market: Y.'s total compensation ($USD159.30K) is above average for companies of similar size in the Indian market ($USD38.95K).

Compensation vs Earnings: Y.'s compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 504212's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: 504212's board of directors are considered experienced (7.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Universal Cables Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Universal Cables Limited
  • Ticker: 504212
  • Exchange: BSE
  • Founded: 1945
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: ₹5.759b
  • Shares outstanding: 34.70m
  • Website: https://www.unistar.co.in

Number of Employees


Location

  • Universal Cables Limited
  • Commercial Plaza
  • 2nd Floor, Wing-B
  • New Delhi
  • Delhi
  • 110037
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:33
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.