Universal Cables Ltd
Universal Cables Ltd (UNIVCABLES)

Universal Cables Ltd (UNIVCABLES)

₹213.151.86%

Key Stats

₹208.1
Day's Price Range
₹217
₹125.1
52-Week Price Range
₹243
1 Month Return-2 %
3 Month Return48.45 %
1 Year Return26.81 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 25
9.08
EPS
Rank 26
₹23.03
BVPS
Rank 9
₹373.16
Dividend Yield
Rank 48
0.73%
ROE
Rank 103
5.81%
Price To Book Ratio
Rank 23
0.56
Debt To Asset
Rank 70
0.51

Company Information

Incorporated as Hindustan Woollen Mills and promoted by M P Birla in 1945 the company was renamed Universal Cables UCL in 1961. It manufactures and markets electric cables wires and conductors. It also copromoted Vindhya Telelinks which manufactures jellyfilled telephone cables. Along with Vindhya Telelinks and Ericsson Cables Sweden Universal Cables promoted a new company Birla Ericsson Opticals to manufacture fibre optic cables. UCL tied up with BICC UK worlds largest cable producer for production of paperinsulated power cables. The company has since expanded to produce bare overhead conductors copper alloy trolley wires and catenaries for electric traction thermoplastic cables upto and including 11 kV elastomeric cable upto 35 KV continuous cast and rolled aluminium aluminium alloy rods etc.Its capacitor division tiedup with Toshiba Japan and General Electric US to manufacture paperinsulated power capacitors. The cable division in collaboration with Asea Kabel Sweden manufactures polythene power cables upto 33 kV which was extended to extrahigh tension cables upto 145 kV and fluoroplastic cables. UCL has developed several new products for the Defence sector as well as electronic equipment and has also embarked on collaborative research in specific hitech areas in association with BARC and IIT.The company is planning to diversify its product range and enter into manufacture of Telecommunication Cables. It also came out with Rights Issue in April 1999 at a premium of Rs 10 per shares. Vindhya Telelinks Ltd and Birla Ericsson Optical Ltd promoted by the company have shown improved results.During the year 200001 the companys turnover increased about 26 inspite of trying times due to the companys strategy to diversify into Polythene Insulated Jelly Filled PIJF Telephone Cables. The company along with Vindhya Telelinks Ltd. and Birla Ericsson Optical Ltd. has promoted a new company called Optic Fibre Goa Ltd. for the manufacture of Optical Fibre which is under implementation and is scheduled to go into production in the coming year.
OrganisationUniversal Cables Ltd
HeadquartersSatna
IndustryCables