Announcement • May 14
Universal Cables Limited to Report Fiscal Year 2026 Results on May 23, 2026 Universal Cables Limited announced that they will report fiscal year 2026 results at 12:08 PM, Indian Standard Time on May 23, 2026 Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹1,063, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 31x in the Electrical industry in India. Total returns to shareholders of 182% over the past three years. New Risk • May 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.8% average weekly change). New Risk • Mar 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.8% average weekly change). Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: ₹7.84 (vs ₹4.56 in 3Q 2025) Third quarter 2026 results: EPS: ₹7.84 (up from ₹4.56 in 3Q 2025). Revenue: ₹7.74b (up 27% from 3Q 2025). Net income: ₹271.9m (up 72% from 3Q 2025). Profit margin: 3.5% (up from 2.6% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 07
Universal Cables Limited Approves the Resignation of Sudeep Jain as Company Secretary & Compliance Officer (Key Managerial Personnel), Effect from 28 February 2026 Universal Cables Limited announced that the Board of Directors Meeting held 6 February 2026, approved the resignation of Shri Sudeep Jain, Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company, from the services of the Company with effect from the close of business hours on 28 February 2026. Shri Sudeep Jain shall cease to be a Key Managerial Personnel in terms of Section 203 and other applicable provisions, if any, of the Companies Act, 2013 and Regulation 30(5) of the Listing Regulations for determining the materiality of any event or transaction for making the required disclosures to the Stock Exchange with effect from the close of business hours on 28 February 2026. Announcement • Jan 27
Universal Cables Limited to Report Q3, 2026 Results on Feb 06, 2026 Universal Cables Limited announced that they will report Q3, 2026 results on Feb 06, 2026 New Risk • Jan 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹755, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 27x in the Electrical industry in India. Total returns to shareholders of 144% over the past three years. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹918, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 35x in the Electrical industry in India. Total returns to shareholders of 246% over the past three years. Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: ₹13.74 (vs ₹5.27 in 2Q 2025) Second quarter 2026 results: EPS: ₹13.74 (up from ₹5.27 in 2Q 2025). Revenue: ₹8.24b (up 29% from 2Q 2025). Net income: ₹476.8m (up 161% from 2Q 2025). Profit margin: 5.8% (up from 2.9% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 03
Universal Cables Limited to Report Q2, 2026 Results on Nov 12, 2025 Universal Cables Limited announced that they will report Q2, 2026 results on Nov 12, 2025 Upcoming Dividend • Aug 28
Upcoming dividend of ₹4.00 per share Eligible shareholders must have bought the stock before 04 September 2025. Payment date: 12 October 2025. Payout ratio is a comfortable 16% but the company is paying out more than the cash it is generating. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.4%). Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: ₹9.49 (vs ₹1.61 in 1Q 2025) First quarter 2026 results: EPS: ₹9.49 (up from ₹1.61 in 1Q 2025). Revenue: ₹6.03b (up 23% from 1Q 2025). Net income: ₹329.1m (up 489% from 1Q 2025). Profit margin: 5.5% (up from 1.1% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 53% per year, which means it is well ahead of earnings. Announcement • Jul 28
Universal Cables Limited to Report Q1, 2026 Results on Aug 08, 2025 Universal Cables Limited announced that they will report Q1, 2026 results on Aug 08, 2025 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹769, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 39x in the Electrical industry in India. Total returns to shareholders of 444% over the past three years. Reported Earnings • May 23
Full year 2025 earnings released: EPS: ₹25.76 (vs ₹31.19 in FY 2024) Full year 2025 results: EPS: ₹25.76 (down from ₹31.19 in FY 2024). Revenue: ₹24.3b (up 20% from FY 2024). Net income: ₹893.9m (down 17% from FY 2024). Profit margin: 3.7% (down from 5.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 14
Universal Cables Limited to Report Fiscal Year 2025 Results on May 22, 2025 Universal Cables Limited announced that they will report fiscal year 2025 results on May 22, 2025 Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹553, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 38x in the Electrical industry in India. Total returns to shareholders of 287% over the past three years. New Risk • May 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.0% average weekly change). Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹411, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 35x in the Electrical industry in India. Total returns to shareholders of 162% over the past three years. New Risk • Feb 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹514, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 36x in the Electrical industry in India. Total returns to shareholders of 256% over the past three years. Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹4.56 (vs ₹6.90 in 3Q 2024) Third quarter 2025 results: EPS: ₹4.56 (down from ₹6.90 in 3Q 2024). Revenue: ₹6.08b (up 30% from 3Q 2024). Net income: ₹158.3m (down 34% from 3Q 2024). Profit margin: 2.6% (down from 5.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 05
Universal Cables Limited Announces Completion of Tenure of Kavita A. Sharma as Non-Executive Independent Director Universal Cables Limited announced that Dr. Kavita A. Sharma, Non-Executive Independent Director of the Company will be completing her tenure viz. second term of five (5) consecutive years on February 5, 2025. Accordingly, she will cease to be a Director of the Company with effect from the close of business hours on February 5, 2025. Announcement • Feb 01
Universal Cables Limited to Report Q3, 2025 Results on Feb 10, 2025 Universal Cables Limited announced that they will report Q3, 2025 results on Feb 10, 2025 Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₹619, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 44x in the Electrical industry in India. Total returns to shareholders of 287% over the past three years. New Risk • Dec 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹729, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 53x in the Electrical industry in India. Total returns to shareholders of 381% over the past three years. Reported Earnings • Oct 26
Second quarter 2025 earnings released: EPS: ₹5.27 (vs ₹3.36 in 2Q 2024) Second quarter 2025 results: EPS: ₹5.27 (up from ₹3.36 in 2Q 2024). Revenue: ₹6.47b (up 31% from 2Q 2024). Net income: ₹182.8m (up 57% from 2Q 2024). Profit margin: 2.8% (up from 2.4% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 18
Universal Cables Limited Approves the Change in Designation of Prem Singh Khamesra from Additional Director to Non-Executive Non-Independent Director Universal Cables Limited announced that Shri Prem Singh Khamesra, who was appointed as an Additional Director with effect from August 12, 2024, has been appointed as a Non-Executive Non-Independent Director of the Company, liable to retire by rotation, by the Members of the Company by way of an Ordinary Resolution passed on October 17, 2024 through Postal Ballot including Remote e-Voting. Shri Prem Singh Khamesra, a Fellow member of the Institute of Chartered Accountants of India and a commerce graduate from the University of Udaipur, boasts a 46-year career in finance and business. After excelling in his Chartered Accountancy exams, he practiced for 26 years, specializing in auditing and financial planning. He also successfully turned around a failing manufacturing business into a profitable enterprise. Shri Prem Singh Khamesra has served as a Whole Time Director at Mirza International Ltd. and as an Independent Director at UP Financial Corporation and Kanpur Plastipack Ltd. He is also noted for his contributions to social and non-profit activities through various NGOs. Announcement • Oct 15
Universal Cables Limited to Report Q2, 2025 Results on Oct 25, 2024 Universal Cables Limited announced that they will report Q2, 2025 results on Oct 25, 2024 Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: ₹1.61 (vs ₹6.93 in 1Q 2024) First quarter 2025 results: EPS: ₹1.61 (down from ₹6.93 in 1Q 2024). Revenue: ₹4.92b (up 2.6% from 1Q 2024). Net income: ₹55.9m (down 77% from 1Q 2024). Profit margin: 1.1% (down from 5.0% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹739, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 51x in the Electrical industry in India. Total returns to shareholders of 328% over the past three years. Announcement • Aug 04
Universal Cables Limited to Report Q1, 2025 Results on Aug 12, 2024 Universal Cables Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Upcoming Dividend • Jul 19
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 26 July 2024. Payment date: 01 September 2024. Payout ratio is a comfortable 9.6% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.1%). In line with average of industry peers (0.3%). Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹889, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 52x in the Electrical industry in India. Total returns to shareholders of 380% over the past three years. Reported Earnings • Jul 10
Full year 2024 earnings released: EPS: ₹31.19 (vs ₹34.05 in FY 2023) Full year 2024 results: EPS: ₹31.19 (down from ₹34.05 in FY 2023). Revenue: ₹20.2b (down 8.2% from FY 2023). Net income: ₹1.08b (down 8.4% from FY 2023). Profit margin: 5.4% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 09
Universal Cables Limited, Annual General Meeting, Aug 02, 2024 Universal Cables Limited, Annual General Meeting, Aug 02, 2024, at 16:00 Indian Standard Time. Location: p.o.birla vikas, satna- 485005 (m.p), satna India Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹733, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 42x in the Electrical industry in India. Total returns to shareholders of 283% over the past three years. Reported Earnings • May 18
Full year 2024 earnings released: EPS: ₹31.19 (vs ₹34.05 in FY 2023) Full year 2024 results: EPS: ₹31.19 (down from ₹34.05 in FY 2023). Revenue: ₹20.4b (down 7.2% from FY 2023). Net income: ₹1.08b (down 8.4% from FY 2023). Profit margin: 5.3% (down from 5.4% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 18
Universal Cables Limited Recommends Dividend of the Company for the Financial Year 2023-24 Universal Cables Limited recommended dividend of INR 3.00 per share (that is 30°/o) on 3,46,95,381 equity shares of face value of INR 10 each of the Company for the financial year 2023-24, subject to the approval of the Shareholders in the upcoming Seventy-Ninth (79th) Annual General Meeting of the Company. Upon approval of the Shareholders, the dividend declared will be paid within thirty (30) days of declaration, subject to deduction of applicable Tax at Souree as per the provisions of Income Tax Act, 1961 and rules made thereunder. Announcement • May 10
Universal Cables Limited Announces Resignation of Dilip Ganesh Karnik as Non-Executive Non-Independent Director Universal Cables Limited announced that Shri Dilip Ganesh Karnik (DIN: 06419513), Non-Executive Non-Independent Director on the Board of the Company has tendered his resignation vide letter dated 9th May, 2024 citing personal reasons. Accordingly, he ceased to be a Director on the Board of the Company and a member of the respective Committee of the Board with effect from 9th May, 2024. Announcement • May 09
Universal Cables Limited to Report Fiscal Year 2024 Results on May 17, 2024 Universal Cables Limited announced that they will report fiscal year 2024 results on May 17, 2024 Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹576, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 40x in the Electrical industry in India. Total returns to shareholders of 331% over the past three years. Announcement • Mar 22
Universal Cables Limited Announces Directorate Appointments Universal Cables Limited announced that the company approved the appointment of Dr. Ananya Ghosh and Shri Siddharth Swarup as the Non-Executive Independent Directors of the Company, not liable to retire by rotation, for a first term of five (5) consecutive years with effect from April 1, 2024 to March 31, 2029. Dr. Ananya Ghosh Dastidar holds Ph.D. in 2003 from C.E.S.P., J.N.U, New Delhi. Prior to that she has completed B.Sc. [Economics (Hons)], Mathematics and Political Science in 1991 from St. Xavier's College, Kolkata; M.A. (Economics) in 1993 from C.E.S.P., J.N.U, New Delhi; and M. Phil in 1996 from C.E.S.P., J.N.U, New Delhi. She is having rich expenence of 23 years in the field of Education, Management and Administration with good understanding of Finance, Business Economics, which has involved combining theoretical, academic knowledge with practical, real world business experiences. Currently she is holding the position of Professor and Head of the Department of Finance and Business Economics and Dean, Faculty of Applied Social Sciences and Humanities, University of Delhi. Shri Siddharth Swarup holds MBA (PGDBM) from Indian Institute of Management, Kolkata in 2003. Prior to that, he has completed his Bachelor's Degree in Mechanical Engineering from Maharashtra Institute of Technology, Pune in 1997. He is having rich experience of over 26 years in overseeing manufacturing activities, technology development and innovation. He has proficiently handled the General management functions, operations using several types of machines, quality assurance plans and testing requirements. He has the ability to drive continuous improvement through application of various principles to enhance safety, ensure quality, improve planning, reduce costs, optimize inventory, mitigate future issues and system audits. Possesses excellent trouble shooting and problem solving skills. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ₹6.90 (vs ₹7.04 in 3Q 2023) Third quarter 2024 results: EPS: ₹6.90 (down from ₹7.04 in 3Q 2023). Revenue: ₹4.72b (down 20% from 3Q 2023). Net income: ₹239.6m (down 1.9% from 3Q 2023). Profit margin: 5.1% (up from 4.1% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 30
Universal Cables Limited to Report Q3, 2023 Results on Feb 09, 2024 Universal Cables Limited announced that they will report Q3, 2023 results on Feb 09, 2024 Reported Earnings • Nov 14
Second quarter 2024 earnings released: EPS: ₹3.36 (vs ₹7.46 in 2Q 2023) Second quarter 2024 results: EPS: ₹3.36 (down from ₹7.46 in 2Q 2023). Revenue: ₹4.94b (down 3.9% from 2Q 2023). Net income: ₹116.5m (down 55% from 2Q 2023). Profit margin: 2.4% (down from 5.0% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 10
Universal Cables Limited Appoints Shri Amit Kumar Chopra as the Chief Financial Officer with Effect from November 9, 2023 Universal Cables Limited at the SBM. the board has approved the appointment of Shri Amit Kumar Chopra as the Chief Financial Officer (CFO), a Whole Time Key Managerial Personnel (KMP) of the Company with effect from November 9, 2023, as recommended/approved by the Nomination and Remuneration Committee as well as Audit Committee of the Company. Shri Amit Kumar Chopra is a Commerce Graduate from MDS University, Ajmer and a qualified Chartered Accountant from ICAI. He possesses varied experience and exposure of more than 14 years in the accounting and commercial fields eg. Funds Planning, Budget preparation and Monitoring, GST Matters, Sales Accounting and other financial and commercial aspects of the business management. He has been serving with the Company in the capacity of Chief Commercial Officer since May, 2023. Announcement • Oct 31
Universal Cables Limited to Report Q2, 2024 Results on Nov 09, 2023 Universal Cables Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Announcement • Sep 13
Universal Cables Limited Approves Appointment of Shyamal Kanti Chakrabarti as Non-Executive and Non-Independent Director Universal Cables Limited at its annual general meeting held on September 11, 2023, approved the appointment of Mr. Shyamal Kanti Chakrabarti as a Non-Executive and Non-Independent Director of the company pursuant to notice received from a member under Section 160 of the Companies Act, 2013. Upcoming Dividend • Aug 28
Upcoming dividend of ₹3.00 per share at 0.7% yield Eligible shareholders must have bought the stock before 04 September 2023. Payment date: 11 October 2023. Payout ratio is a comfortable 8.8% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.4%). Announcement • Aug 19
Universal Cables Limited Announces Resignation of Mahesh Ladia as Chief Financial Officer, Effective from September 15, 2023 Universal Cables Limited announced that Mr. Mahesh Ladia, Chief Financial Officer has resigned from the services of the Company and his resignation will be effective from the close of the business hours on 15 September, 2023. Personal reasons. The resignation letter categorically citing the `Personal Reasons' for change is enclosed hereto. Announcement • Aug 18
Universal Cables Limited, Annual General Meeting, Sep 11, 2023 Universal Cables Limited, Annual General Meeting, Sep 11, 2023, at 09:30 Indian Standard Time. Location: RegisteredOfficeoftheCompanyatP.O.BirlaVikas,Satna-485 Satna India Agenda: To consider the audited Financial Statements of the Company for the financial year ended 31 March,2023 and the Reports of the Board of Directors and Auditors thereon; to declare dividend on equity shares for the financial year ended 31 March,2023; to appoint a Director in place of Shri Harsh V. Lodha (DIN:00394094),who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment; and to discuss other matters. Reported Earnings • Aug 13
First quarter 2024 earnings released: EPS: ₹6.93 (vs ₹7.72 in 1Q 2023) First quarter 2024 results: EPS: ₹6.93 (down from ₹7.72 in 1Q 2023). Revenue: ₹4.83b (down 6.1% from 1Q 2023). Net income: ₹240.5m (down 10% from 1Q 2023). Profit margin: 5.0% (down from 5.2% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 05
Universal Cables Limited to Report Q1, 2024 Results on Aug 12, 2023 Universal Cables Limited announced that they will report Q1, 2024 results at 4:00 PM, Indian Standard Time on Aug 12, 2023 Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹448, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 30x in the Electrical industry in India. Total returns to shareholders of 304% over the past three years. Announcement • May 19
Universal Cables Limited Recommends Dividend for the Financial Year 2022-23 Universal Cables Limited Recommended Dividend of INR 3.00 per share (i.e. 30%) on 34,695,381 equity shares of face value of INR 10/- each of the Company for the financial year 2022-23, subject to the approval of the Shareholders in the upcoming Seventy-Eighth (78th) Annual General Meeting of the Company. Announcement • May 11
Universal Cables Limited to Report Fiscal Year 2023 Results on May 18, 2023 Universal Cables Limited announced that they will report fiscal year 2023 results on May 18, 2023 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹398, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 20x in the Electrical industry in India. Total returns to shareholders of 336% over the past three years. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹363, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 21x in the Electrical industry in India. Total returns to shareholders of 156% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹7.04 (vs ₹3.94 in 3Q 2022) Third quarter 2023 results: EPS: ₹7.04 (up from ₹3.94 in 3Q 2022). Revenue: ₹5.91b (up 21% from 3Q 2022). Net income: ₹244.1m (up 78% from 3Q 2022). Profit margin: 4.1% (up from 2.8% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 02
Universal Cables Limited to Report Q3, 2023 Results on Feb 10, 2023 Universal Cables Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Recent Insider Transactions • Jan 03
Insider recently sold ₹1.6m worth of stock On the 30th of December, Alok Lodha sold around 5k shares on-market at roughly ₹295 per share. This transaction amounted to 92% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improved over the past week After last week's 27% share price gain to ₹356, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 22x in the Electrical industry in India. Total returns to shareholders of 128% over the past three years. Reported Earnings • Nov 19
Second quarter 2023 earnings released: EPS: ₹7.46 (vs ₹2.39 in 2Q 2022) Second quarter 2023 results: EPS: ₹7.46 (up from ₹2.39 in 2Q 2022). Revenue: ₹5.14b (up 14% from 2Q 2022). Net income: ₹259.1m (up 212% from 2Q 2022). Profit margin: 5.0% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Director Kishore Mehrotra was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 18% share price gain to ₹252, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 23x in the Electrical industry in India. Total returns to shareholders of 80% over the past three years. Upcoming Dividend • Sep 08
Upcoming dividend of ₹1.50 per share Eligible shareholders must have bought the stock before 15 September 2022. Payment date: 23 October 2022. Payout ratio is a comfortable 6.5% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.6%). In line with average of industry peers (0.6%). Reported Earnings • Aug 10
First quarter 2023 earnings released: EPS: ₹7.72 (vs ₹6.29 in 1Q 2022) First quarter 2023 results: EPS: ₹7.72 (up from ₹6.29 in 1Q 2022). Revenue: ₹5.17b (up 86% from 1Q 2022). Net income: ₹267.7m (up 23% from 1Q 2022). Profit margin: 5.2% (down from 7.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 16% share price gain to ₹170, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 21x in the Electrical industry in India. Total returns to shareholders of 18% over the past three years. Reported Earnings • May 26
Full year 2022 earnings released: EPS: ₹21.60 (vs ₹19.38 in FY 2021) Full year 2022 results: EPS: ₹21.60 (up from ₹19.38 in FY 2021). Revenue: ₹18.1b (up 42% from FY 2021). Net income: ₹749.3m (up 12% from FY 2021). Profit margin: 4.1% (down from 5.2% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. 
