Synopsis:
Ultracab (India) Restricted secured a Rs. 50 Crore buy order from L&T Building for supplying LT energy and management cables.
This Penny Inventory beneath Rs. 15, engaged in manufacturing and exporting high-quality electrical wires and cables, together with PVC wires, energy cables, and telecommunication cables utilizing superior expertise and fashionable equipment, jumped 5 % after receiving a Rs. 50 Crore buy order from Larsen & Toubro Restricted.
With a market capitalization of Rs. 124.31 crores, the share of Ultracab (India) Restricted has reached an intraday excessive of Rs. 10.44 per fairness share, rising almost 4.61 % from its earlier day’s shut worth of Rs. 9.98. Since then, the inventory has retreated and is at present buying and selling at Rs. 10.11 per fairness share.
What’s the Information?
Ultracab (India) Restricted has obtained a purchase order order value Rs. 50 Crores from Larsen & Toubro Restricted (L&T Building) for the provision of LT energy and management cables.
The order consists of the provision of PVC insulated versatile cables, PVC insulated heavy-duty armoured electrical cables, and XLPE insulated armoured cables, totaling 63 line objects. These provides will cater to over 600 undertaking websites, shops, regional workplaces, and factories throughout eight divisions of the L&T Group all through India.
The order is expounded to an EPC undertaking undertaken by the L&T Building Division and will probably be executed inside one yr. This order is predicted to spice up Ultracab’s income and strengthen its place within the cable manufacturing trade.
Firm Overview
Ultracab (India) Restricted was established in 2007 and is engaged in manufacturing and exporting a variety of electrical wires and cables. The corporate makes use of superior expertise and state-of-the-art equipment to supply high-quality merchandise, together with PVC wires, energy cables, telecommunication cables, and digital cables, catering to each home and worldwide markets.
The corporate operates a contemporary manufacturing facility in Shapar, Rajkot, Gujarat, and serves quite a few authorities entities and main companies in India. Ultracab is understood for its reliability, sturdiness, adherence to security requirements, and a powerful nationwide and world distribution community, guaranteeing well timed supply and buyer satisfaction.
Current quarter outcomes
Coming into monetary highlights, Ultracab (India) Restricted’s income has elevated from Rs. 53.69 crore in Q1 FY25 to Rs. 60.13 crore in Q1 FY26, which has grown by 11.99 %. The online revenue has decreased by 20.19 % from Rs. 2.13 crore in Q1 FY25 to Rs. 1.70 crore in Q1 FY26.
Ultracab (India) Restricted’s income and web revenue have grown at a CAGR of 29.35 % and 58.49 %, respectively, during the last 5 years. When it comes to return ratios, the corporate’s ROCE and ROE stand at 17.4 % and 15.6 %, respectively. Ultracab (India) Restricted has an earnings per share (EPS) of Rs. 0.73, and its debt-to-equity ratio is 0.39x.
Written By – Nikhil Naik
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