04-Nov-2026 21:46:35
UNIVERSAL CABLES Q2: ₹625 CR CAPEX NEARS COMPLETION; JV EXPANSION WORTH ₹4,800 CR ON TRACK
• FY27 Outlook: Management maintains a steady revenue and profitability outlook, supported by strong domestic demand and export opportunities • Capacity Expansion: Ongoing ₹625 Cr capex programme has achieved significant milestones • Commissioning Timeline: Final phase of MV and HV cable capacity expansion delayed slightly; now expected to be operational by December 2026 • EHV Modernisation: Technological upgradation of Satna's Extra High Voltage cable manufacturing facility progressing on schedule • Production Ramp-Up: Increasing manufacturing capacity at Satna and Goa facilities to meet growing domestic and export demand • Optical Fibre JV: Birla Furukawa Fibre Optics recorded its highest-ever quarterly profitability since inception • JV Capex: ₹4,800 Cr phased capacity expansion, including an upstream optical fibre preform manufacturing facility, progressing as scheduled • Export Opportunities: Growing demand for EHV, MV and LV cables across international markets, supported by global energy transition investments • AI & Data Centre Demand: Rising electricity requirements from AI infrastructure, data storage and digitalisation expected to support cable demand • Power Sector Growth: Electrification, industrialisation, renewable energy and grid infrastructure investments remain key demand drivers • Business Strategy: Focus on capacity utilisation, product quality, manufacturing flexibility and international competitiveness • Management Outlook: Expects sustained growth in power cables and power quality solutions, supported by capacity expansion and improving global opportunities
UNIVERSAL CABLES LTD