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    Universal Cables Limited

    Manufactures power cables (1.1kV-400kV EHV) and capacitor/power-quality gear at Satna and Goa plants.

    Capital Goods
    Industrials
    ₹1,166.7
    +1.26% from avg

    Overview

    Price

    ₹1,166.7

    Market Cap

    ₹4.6k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital3535353535353535
    Reserves9551.1k1.3k1.5k1.7k1.7k1.8k1.9k
    Borrowings6216096946577718491.0k1.2k
    Other Liabilities5716067706577747991.0k1.3k
    Total Liabilities2.2k2.4k2.8k2.8k3.3k3.4k3.9k4.3k
    AssetsFixed Assets172187167161200255329417
    CWIP17021103558137
    Investments8471.0k1.2k1.4k1.7k1.6k1.7k1.7k
    Other Assets1.1k1.1k1.4k1.3k1.5k1.5k1.9k2.1k
    Total Assets2.2k2.4k2.8k2.8k3.3k3.4k3.9k4.3k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-593890-121433317663
    Cash from Investing-27-42-16-7-15-50-141-257
    Cash from Financing844-7216-12718-31192
    SummaryCapital Expenditure
    Free Cash Flow-97-1665-33115-2713-206
    FCF Margin

    Valuation

    Assumptions

    Current — UNIVCABLES
    Price
    ₹1,167
    EPS (TTM)
    ₹47.01
    PE (TTM)
    24.8
    Profit growth
    11.4%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (17.8×) and current (24.8×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,167
    vs
    Fair value · 15% return
    ₹629
    46%Overvalued

    At 11.4% growth and a 18× exit, ₹1167 only delivers your return if you pay ₹629. The price is currently baking in 25% growth.

    EPS grows 11.4%/yr for 5 years, then fades to 6% over 2, exits at 18×.

    YearGrowthEPS (₹)
    FY2711.4%52.37
    FY2811.4%58.34
    FY2911.4%64.99
    FY3011.4%72.40
    FY3111.4%80.65
    FY328.7% ·fade87.67
    FY336.0% ·fade92.93

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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