What we do Universal Cables Ltd manufactures and sells electrical cables, capacitors, wires, conductors, and turnkey projects primarily in power cables and capacitors sectors. |
Founded in 1,945 |
Market share Leader in Extra High Voltage (EHV) power cables in India with growing presence in medium and low voltage cables segments. |
Problem solved Provides reliable power transmission and distribution solutions including high voltage cables and capacitor banks for quality power management. |
Top clients or who we serve Serves power utilities, infrastructure sectors, renewable energy projects, industries, and EPC clients in B2B markets. |
Key management Shri Y.S.Lodha, Managing Director & CEO; Shri Amit Kumar Chopra, CFO; Shri Sudeep Jain, Company Secretary. |
Our journey and innovations Established in 1945; pioneered India's first 400kV EHV underground cables; introduced VCV technology; expanded capacity through strategic partnerships and organic growth. |
Where we operate Primarily India with exports to Europe and select international markets. |
Top products or what we offer Power cables (1.1kV to 400kV), wires, conductors, capacitors, capacitor banks, harmonic filters, turnkey power projects. |
Top brands EHV Power Cables (#1 in India), Capacitor Banks (key revenue driver), Harmonic Filter Banks (used in renewable energy sectors). |
Raw materials needed Copper, aluminum, insulation materials such as polyethylene and paper; raw materials sourced globally and locally. |
Raw materials supplier Multiple suppliers including domestic manufacturers and international vendors for copper and insulating materials. |
Recurring vs cyclical contribution Revenue largely cyclical aligned with infrastructure projects but supported by recurring capacitor and cable replacements. |
Our industry position Industry leader in EHV cables with expanding footprint in MV and LV segments; robust orderbook in government and export markets. |
Financial highlights FY 2024-25 revenue ₹2408 crore, net profit ₹89 crore; revenue up 19%, profit up 5.5% YoY showing steady growth. |
Geographical revenue split Approximately 91% revenue from India, 9% from international markets. |
Order book Strong execution of large turnkey orders in EHV cables and capacitor banks, with projects under commission and development. |
Whats driving growth Rising power infrastructure investments, renewable energy expansion, technological upgrades, and government infrastructure focus. |
Our future plans Expand MV and LV cable capacity with ₹505 crore capex; increase EHV cable production and enter EHV HVDC cables segment. |
Our green promise Transition to LPG fuel systems, GreenCo Bronze certified; focus on energy efficiency and sustainable manufacturing processes. |
Our people and values Employee-centric culture emphasizing skill development, innovation, safety, and diversity aligned with corporate values. |
Key challenges ahead Raw material price volatility, geopolitical risks affecting exports, competitive pressures, and timely project execution. |
Interesting facts India's first 400kV EHV underground cable maker; introduced vertical continuous vulcanization technology for XLPE cables. |
Risks and strategy Mitigates risks through diversified sourcing, capacity expansion, financial discipline, and enhanced operational controls. |
