Ultracab Share Price

Ultracab (India) Limited, with its registered office in Navi Mumbai, Maharashtra, functions as a manufacturer and exporter of wires and cables in India. The company was incorporated on December 19, 2007, and is headquartered in Navi Mumbai, India. Ultracab (India) Limited manufactures and sells a comprehensive range of wires and cables, including PVC/XLPE power and control cables, multi‑core flexible cables, house wires, flat cables for submersible pumps, aerial bunched cables, telephone cables, instrumentation cables, braided cables, auto, industrial, welding, and electric power cables. 

Ultracab (India) share price on NSE and BSE indicates how market participants react to the company’s operational performance and the overall developments in the electrical equipment and cable manufacturing sector. The company’s financial health depends on production volumes, raw material costs including copper and aluminum, capacity utilization rates, export demand, and the performance of its power cable, control cable, and house wire segments. Ultracab (India) stock price is influenced by various factors such as earnings, changes in copper and aluminum prices, regulatory changes in the electrical industry, and demand from infrastructure and real estate sectors. In the longer run, strategies such as expanding manufacturing capacity, diversifying into new cable types, and increasing export penetration affect the stock market sentiments. All these factors need to be monitored closely to have an idea about the company’s stock price movements. 

Ultracab (India) live share price provides real‑time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of Ultracab (India) live price helps in observing short‑term price volatility and shows how a stock moves relative to the broader electrical equipment index. Furthermore, tracking Ultracab (India) stock price movements helps investors understand real‑time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short‑term performance, and respond to news, quarterly results, or sector trends that may influence the company’s valuation and overall investment outlook. 

Ultracab (India) Limited Company Fundamentals 

A. Company Background

Ultracab (India) Limited was incorporated as ’Ultracab (India) Private Limited’ on December 19, 2007. Subsequently, the company was converted into a public limited company and the name was changed to ’Ultracab (India) Limited’ on July 30, 2014. The company is engaged in the manufacture and export of wires and cables in India. The company started its business with PVC Cables and Wires, which are now supplied across different networks worldwide. The company has a strong market presence in countries like the UK, UAE, Africa, Singapore, and Uganda. The company operates its manufacturing facility from Shapar in Rajkot, Gujarat, with a state‑of‑the‑art facility involving modern technology and high‑tech machines. The company has more than 1300 products in the cable segment and has been approved by various government authorities and is an approved vendor for large public and private sector industries. Its operations are based in India, with corporate functions managed from its registered office in Navi Mumbai, Maharashtra. Over time, the company has expanded its production capacity and product portfolio to serve both domestic and international markets. Financial performance is assessed through standard metrics such as revenue growth, operating margins, and capacity utilization. Market valuation indicators such as the P/E ratio are used by analysts for comparative assessment within the electrical equipment sector. Overall fundamentals are influenced by raw material availability, demand from infrastructure and real estate sectors, and input cost fluctuations.

B. Company Product Lines

• Power and Control Cables: Manufactures PVC/XLPE power and control cables for various transmission applications. 

• House Wires and Building Wires: Produces house wires and building wires for residential and commercial electrical installations. 

• Specialty Cables: Offers super flat submersible cables, ultra triple protected house wires, elevator cables, solar and control cables, XLPE submersible cables, and submersible winding wires. 

• Other Cables: Supplies multi‑core flexible cables for industries, flat cables for submersible pumps, aerial bunched cables, telephone cables, instrumentation cables, braided cables, and auto, industrial, welding, and electric power cables. 

C. Company Revenue Model

• Domestic Sales: Revenue generated through sale of wires and cables to distributors, retailers, and institutional customers across India. 

• Export Sales: Contribution from international customers in the UK, UAE, Africa, Singapore, Uganda, and other global markets. 

• Contract Manufacturing: Income from contract manufacturing services provided to other cable companies. 

• Institutional and Bulk Contracts: Supply agreements with government authorities, public and private sector industries, and large‑scale infrastructure projects. 

D. Geographic Presence

• Registered Office: Navi Mumbai, Maharashtra, India 

• Manufacturing Facility: Plant located at Shapar, Rajkot, Gujarat 

• Distribution Network: Domestic distribution across India through dealers and industrial supply channels 

• Export Markets: Products supplied to the United Kingdom, the United Arab Emirates, Africa, Singapore, Uganda, and internationally 

E. Key Milestones

• 2007: Incorporation as Ultracab (India) Private Limited. 

• 2014: Conversion to a public limited company and name change to Ultracab (India) Limited on July 30. 

• 2025: Received an order worth ₹51.06 crore from Maharashtra State Electricity Distribution Company Limited for LT XLPE cables. 

• Recent years: Enhanced production capacities of power and control cables. 

F. Industry Perspective

The electrical wire and cable manufacturing industry is capital‑intensive and closely linked to demand from infrastructure development, power transmission, real estate, and industrial sectors. Demand trends are influenced by economic activity, government spending on power infrastructure, urbanization, and growth in the renewable energy sector. The industry also faces fluctuations in raw material prices such as copper and aluminum, along with energy and logistics costs. Regulatory requirements around electrical safety and quality standards increasingly shape production practices. Companies in the sector must manage cyclical demand patterns and cost volatility while maintaining operational efficiency. These factors collectively influence financial performance and investor perception of firms like Ultracab (India) within the broader electrical equipment ecosystem.

Ultracab (India) Stock Market Presence: Listings & Index Representation 

Ultracab (India) Limited is listed on the Bombay Stock Exchange under the scrip code ULTRACAB. Ultracab (India) share price is actively traded on the BSE platform. The company is not listed on the National Stock Exchange. The company’s market presence is within the small‑cap segment of the market. Due to its size and sector focus, Ultracab (India) stock price is generally tracked by investors interested in the electrical equipment and cable manufacturing industry. 

Ultracab (India) Limited is part of several broad‑based and sector‑specific stock market indices, reflecting its position as a small‑cap electrical equipment company in India. While it is not included in benchmark indices like the Sensex or Nifty 50, it is a constituent of wider market indices such as the BSE SmallCap index. Ultracab (India) share price finds representation in these indices based on its market standing. This presence helps investors track the stock relative to other cable and electrical equipment companies. 

Ultracab (India) Limited Stock Performance and Share Price History 

Ultracab (India) share price on the BSE reflects its standing as a manufacturer and exporter of wires and cables with a strong international presence. Its performance is qualitatively driven by factors such as production capacity utilization, management of raw material costs including copper and aluminum, growth in export sales, and the ability to secure large institutional orders. Investors compare the stock’s current movement with other cable manufacturing companies to assess relative strength. 

These underlying factors become visible through real market movements across different time periods. Similar trends appear during earnings‑driven price changes. Broader sector strength has also supported the stock. Beyond operational and sector influences, corporate actions—such as the receipt of a ₹51.06 crore order from Maharashtra State Electricity Distribution Company—can significantly affect share price movements by shaping future growth expectations. This shows how strategic initiatives may trigger short‑term swings, even within a regulatory environment influenced by infrastructure spending and import competition. 

While short‑term movements respond to events and announcements, longer‑term valuation trends are better captured by the stock’s annual high and low levels, offering context beyond daily or weekly changes. A notable peak indicates stronger infrastructure demand and stable margins, whereas a significant low aligns with market corrections or sector volatility. These extremes reflect the impact of trade policies, global copper price trends, and earnings visibility, providing a framework for understanding historical performance. 

Ultracab (India) stock behavior mirrors the trading patterns of a small‑cap electrical equipment company within India’s industrial ecosystem. The company’s diversified portfolio spanning power cables, control cables, house wires, and specialty cables has shaped its price history. Over recent periods, the stock has experienced periods of price movement followed by phases of consolidation. The stock has shown higher volatility compared to the broader market, with a 52‑week range from a low of ₹6.03 to a high of ₹11.95. 

The company’s performance has closely tracked India’s power infrastructure spending and copper price cycles. Positive momentum appeared during the post pandemic recovery, driven by increased government investment in power transmission and rural electrification. However, periods of high raw material costs and competitive pressure from other cable manufacturers have led to consolidation in the stock price. 

During the pandemic period, the cable manufacturing sector faced supply chain disruptions. As economic activity normalised and infrastructure spending recovered, the stock moved from its lows. The company continues to serve corporate and government customers, including Indian Railways, Tata, and Adani. 

The share price has declined for several recurring reasons. A drop in infrastructure spending or reduction in cable realizations directly impacts revenue and leads to selling pressure. Changes in government policy such as modifications in import duties on copper or aluminum can also cause the stock to fall. Increases in operational costs without matching price adjustments squeeze margins, making the stock less attractive. Periods of global economic slowdown that affect construction and infrastructure projects raise concerns about demand, leading to price declines. The stock is sensitive to raw material price movements; if copper or aluminum prices rise significantly, it can cause the stock to fall as investors adjust expectations for future margin growth. Broader market sell offs in small‑cap electrical equipment stocks also pull the price down regardless of the company’s individual performance. Lower capacity utilization or reduced sales in any product category directly impacts revenue, resulting in a lower valuation. 

Ultracab (India) Limited Investor Relevance and Role in Portfolio 

Ultracab (India) Limited is a holding in small‑cap and electrical equipment sector portfolios, offering exposure to wire and cable manufacturing for power transmission and infrastructure. Its inclusion in small‑cap indices underscores its importance in India’s electrical equipment space. The company’s position as a manufacturer with over 1300 products and approved vendor status for government authorities, together with its export presence across multiple countries, makes it a consideration for certain portfolio allocations. 

The share price is influenced by the company’s ownership structure. Ultracab (India)’s equity is held by a mix of promoters, institutional investors, and retail investors, reflecting its standing in India’s electrical equipment sector. Promoters hold a certain stake, with Nitesh Parshottambhai Vaghasiya serving as Chairman & MD. The public holds the remaining stake. This investor base, with promoter participation, underscores the company’s role as a holding in both domestic and focused portfolios concentrating on cable manufacturing. 

Beyond fundamentals and ownership, the stock is actively monitored in cash market segments, where trading volumes and delivery patterns reflect expectations on infrastructure spending, raw material costs, and regulatory policy actions affecting the electrical equipment sector. The stock is available for trading on the BSE, allowing investors to take positions based on their outlook for the cable manufacturing sector. Market participants watch these trading indicators to gauge sentiment around quarterly results and policy announcements. 

Technical indicators provide additional insight into short‑term momentum shifts in the stock price. While these indicators are primarily used for near‑term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements. In the short term and weekly timeframe, the stock has exhibited price movements that correlate with broader electrical equipment sector trends. The company’s debt to equity ratio reflects a certain use of leverage. Return on equity and return on capital employed are at certain levels, and the company’s book value per share is a reference point for valuation. 

Overall, Ultracab (India) demonstrates a higher volatility profile compared to the broader market, with the stock generally considered to have above average systematic risk. This makes it more sensitive to broader market movements and sector specific factors such as raw material price fluctuations and infrastructure spending cycles. 

Ultracab (India) Limited Sectoral Relevance and Peer Positioning 

Ultracab (India) Limited sector relevance stems from its presence in the electrical wire and cable industry, its manufacturing facility in Shapar, Rajkot, Gujarat, its product portfolio covering PVC/XLPE power cables, control cables, multi‑core flexible cables, house wires, and specialty cables, its approved vendor status for government authorities including Indian Railways, its export presence across the UK, UAE, Africa, and Singapore, and its client base including corporate giants like Tata and Adani, establishing it as a focused small‑cap electrical equipment provider supporting India’s power infrastructure and industrial ecosystem. Peer comparisons with companies like Polycab India Ltd, Havells India Ltd, Finolex Cables Ltd, and other cable manufacturers focus on production capacity, product quality, export presence, and value‑added product diversification rather than short‑term stock moves. These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of copper and aluminum prices, infrastructure spending trends, and government power policies further highlights Ultracab (India) positioning within India’s broader electrical equipment market. 

Ultracab (India) P/E ratio reflects how investors perceive the company’s earnings relative to its revenue streams from cable sales and export income. The company’s profit after tax has shown certain changes from the previous fiscal year to the most recent fiscal year. The company received a ₹51.06 crore order from Maharashtra State Electricity Distribution Company Limited for LT XLPE cables, which is expected to contribute to future revenue. The company’s earnings before interest and taxes for recent periods stood at certain levels with corresponding EBIT margins. The net profit margin has shown changes in recent quarters compared to the same quarters of the prior year. Overall, these changes highlight how market sentiment evolved alongside the company’s operational performance in a cyclical industry. 

Alongside valuation, Ultracab (India) earnings per share provide insight into its operational performance and income generation from wire and cable manufacturing. Based on available data, the company reported a basic EPS in recent periods that has shown certain levels. The trailing twelve month EPS stands at a certain level. The company’s EPS for the last full fiscal year was different compared to the prior fiscal year. The company has a specified face value per share. More recent quarterly performance suggests that EPS has shown movement in line with production volumes and raw material costs as the company continues to manage its manufacturing operations. 

Ultracab (India) market cap highlights its position as a small‑cap player within India’s electrical equipment sector. Based on recent data, the company’s market capitalization has shown certain levels. The market cap has moved in line with investor perceptions of the company’s growth potential as it has expanded its product portfolio and export presence. From earlier periods through more recent periods, the market cap showed patterns corresponding to the company’s financial performance, followed by periods of adjustment. This pattern reflects investor sentiment during favourable infrastructure cycles, followed by consolidation during challenging periods impacted by raw material price volatility and economic uncertainties. This movement corresponds with changes in Ultracab (India) share price from its 52‑week high of ₹11.95 to recent levels. 

Finally, Ultracab (India) earnings trajectory demonstrates the impact of its operational execution in a competitive industry. In recent fiscal years, total income showed trends supported by the core cable business. The company’s revenue from operations has shown variability from one fiscal year to another. Total income has moved across different periods. Profit after tax has shown certain changes in the most recent fiscal year. Quarterly performance has shown variability, with total income in some quarters changing compared to previous quarters and also compared to the same quarters of earlier years. The company has faced headwinds from fluctuating copper and aluminum prices, competitive pressures from larger cable manufacturers, and changes in infrastructure spending. However, the company continues to focus on expanding its product portfolio, enhancing manufacturing capabilities, and securing large institutional orders. These developments illustrate the cyclical nature of the cable manufacturing industry and the company’s position within this sector. 

Ultracab (India) market cap has moved through different phases corresponding to the company’s performance in wire and cable manufacturing. The valuation increased during periods of strong infrastructure demand and stable input costs. The market cap also adjusted during challenging times when raw material costs rose or demand slowed. This pattern reflects typical small‑cap electrical equipment stock behaviour where infrastructure cycles, input costs and sector conditions influence investor interest. Ultracab (India) earnings have shown notable patterns across recent fiscal years, reflecting the company’s performance in the cable segment. The company recorded certain profit trends in recent fiscal years. This movement has come from changes in order flow and cost management. Quarterly earnings have shown variability, with some quarters demonstrating stronger performance and others showing different results. Ultracab (India) EPS has followed the company’s overall profit performance across recent periods. The earnings per share figure has shown movement corresponding to profitability changes. Quarterly EPS has shown variation, with some quarters recording certain figures and others showing different numbers. Ultracab (India) share price serves as a reference point for understanding the company’s per‑share earnings relative to its market valuation. Ultracab (India) P/E ratio has shown variability across different reporting periods, reflecting changing market perceptions of the company’s earnings potential. The price‑to‑earnings multiple has fluctuated based on investor expectations about infrastructure spending, raw material cost trends and the company’s ability to maintain margins. The P/E level at any given time reflects market sentiment about the company’s recent performance and near‑term prospects in a cyclical industry. 

Summary 

Ultracab (India) Limited is a small‑cap electrical equipment company engaged in manufacturing wires and cables, headquartered in Navi Mumbai. The company was incorporated in 2007. Ultracab (India) share price reflects market response to infrastructure spending cycles, raw material cost trends and quarterly financial performance. Ultracab (India) stock price movements provide insights into how the market views the company’s manufacturing capabilities and its positioning within India’s cable manufacturing industry. Investors track the company for its presence in the power cable and electrical wire segment.