Universal Cables Raises CapEx to Rs. 550 Cr.
Universal Cables Ltd. has recently informed via a press release about a revision in its Capital Expenditure (CapEx) for ongoing expansion projects.
As per the press release, Universal Cables has revised its CapEx outlay from Rs. 482 crore to around Rs. 550 crore. The company has cited ‘upward revision of price of machineries due to better technological advantage’ as one of the reasons for revision.
Universal Cables’ Ongoing Expansions Face Delay
According to the company, the ongoing expansion plans are to increase the capacity of Universal Cables’ Medium Voltage (MV) and High Voltage (HV) cables, and for the construction of a new Low Voltage (LV) cable plant in Satna.
Universal Cables mentioned that to increase the manufacturing capacity of MV and HV cables, four CCV (Continuous Catenary Vulcanization) Lines were planned. Of these four CCV lines, two lines were commissioned in Q2 FY26 and achieved near maximum capacity utilization in Q3 FY26. As for the remaining two CCV Lines, along with balancing process machinery, encountered delays and are expected to be commissioned by end of May 2026 and September 2026, respectively.
Coming to the new LV cable plant in Satna, this plant has also faced a slight delay and is now expected to be fully ready for commercial production by end of February 2026.
Universal Cables’ Production Capacity, Post-Expansion
On completion of these expansion plans and their successful implementation, the company’s current capacity will be further strengthened. Company estimations for its post-expansion capacity are as follows:
Universal Cables CapEx to support Demand Fulfilment
As per Universal Cables’ rationale, these capacity additions are intended to remove the production capacity constraints the company faces. As such, the increase in capacity will enable the company to meet the strong demand for the LV, MV, HV/EHV power cables along with Insulated Winding Wires, Building Wires, and Multicore Flexible Cables in both domestic and overseas markets.
Apart from this, the company has recently announced its financial results for Q3 FY26. The company reported a revenue of Rs. 767.92 crore from operations and garnered a Profit After Tax (PAT) of Rs. 27.19 crore. A Year-over-Year (YoY) increase in revenue of 26.40% increase was observed compared to it correspoding quarter in 2025.
About Universal Cables Limited: Established in 1962, Universal Cables Limited is a major Indian manufacturer of Electrical Cables. These include Low Voltage, Medium Voltage, and Extra High Voltage XLPE Power Cables, PVC and Rubber Insulated Power Cables, Control and Instrumentation Cables, and more. The company also deals in the manufacturing of Power Capacitors in Low Tension / Low Voltage and high Tension / High Voltage ranges.