Ultracab (India) Limited - manufacturing in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN L31300GJ2007PLC052394 Incorporated 19 December 2007 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Listed - BSE: 538706 Public Limited Company manufacturing
Data last updated
Market Cap
₹86.44 Cr
ULTRACAB · BSE
Share Price
₹7.09
+1.00% today
Revenue
₹260 Cr
FY 2025-26 · +8.6% YoY
EBITDA
₹11.74 Cr
Margin 4.5%
Net Profit
₹5.61 Cr
FY 2025-26 · -42.5% YoY
P/E (TTM)
21.9x
P/B 0.9x
ROE
6.2%
ROCE 8.3%
Debt / Equity
0.45
Interest cover 34.4x

About Ultracab (India) Limited

Data last updated:

Ultracab (India) Limited is a public limited company based in Rajkot, Gujarat, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 19 December 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L31300GJ2007PLC052394. Its GSTIN is 24AAACU9613L1Z4 (Gujarat). The company holds 3 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 538706.

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹24.59 Cr. It was formerly known as Ultracab (India) Private Limited. It is led by directors including Nitesh Parshottambhai Vaghasiya (Managing Director) and Pankaj Vasantbhai Shingala (Whole-Time Director).

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Rajkot, Gujarat.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹260.11 Cr, a growth of 8.6% compared to the previous year. For the same year it recorded a net profit of ₹5.61 Cr (net margin 2.2%) and EBITDA of ₹11.74 Cr (EBITDA margin 4.5%). The net worth stands at ₹92.71 Cr (up 6.2% YoY). Total assets are valued at ₹139.29 Cr (up 14% YoY).

The company has about 20 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Ultracabwires and Ultracab. As per MCA filings, the company has open charges of ₹67.1 Cr and satisfied charges of ₹43.11 Cr on record. Court records list 29 cases involving the company, including 15 filed by the company and 14 filed against it; 7 cases are pending. The company has 27 deals on record (26 market trades, 1 ipo); the latest was in March 2025. The company has 8 MSME Form 1 returns on record between 2019 and 2022, listing 133 overdue payments to 15 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ultracab.in.

Company details

CIN L31300GJ2007PLC052394
Registration Number 052394
Incorporation Date 19 December 2007
ROC Ahmedabad
Listing Status Listed - Listed on BSE (538706)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Ultracab (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31300GJ2007PLC052394, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L31300GJ2007PLC052394Current
U31300GJ2007PLC052394Previous
U31300GJ2007PTC052394Previous

Contact details

Ultracab (India) Limited's registered office is in Rajkot, Gujarat. Its website is ultracab.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Survey No. 262 Behind Galaxy Bearing Ltd. Shapar(Varav, Al), Rajkot, Gujarat, India – 360002
  • Industry
    Manufacturing, Cable & Wire

To see the full contact details of Ultracab (India) Limited, buy the company report.

Comprehensive company report
Ultracab (India) Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Ultracab (India) operates two associated brands: Ultracabwires and Ultracab. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturer of electric wires and cablesultracabwires.com
Manufacturing of electric wires and cables in India.ultracab.in

Business activity

The main business activity of Ultracab (India) is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Ultracab (India) Limited, buy the company report.

Financials of Ultracab (India) Limited

FY 2025-26 filings available

Ultracab (India) Limited reported revenue of ₹260.11 Cr (up 8.6% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹260 Cr
+8.6% YoY
EBITDA
₹11.74 Cr
-39.5% YoY
Profit After Tax
₹5.61 Cr
-42.5% YoY
Net Worth
₹92.71 Cr
+6.2% YoY
Total Assets
₹139 Cr
+14.0% YoY
Total Debt
₹45.96 Cr
+33.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue26023912410785.1370.6566.20
Revenue growth+8.6%+93.0%+15.6%+26.1%+20.5%+6.7%-
EBITDA11.7419.4212.9712.118.767.005.57
EBITDA margin+4.5%+8.1%+10.5%+11.3%+10.3%+9.9%+8.4%
Profit before tax7.4413.728.427.754.482.561.72
Net profit5.619.756.035.833.132.111.08
Net profit margin+2.2%+4.1%+4.9%+5.4%+3.7%+3.0%+1.6%
EPS (₹)0.450.790.630.610.331.610.82
Balance sheet
Total assets13912290.8867.5565.7562.3450.30
Net worth92.7187.2637.9631.9826.1623.0320.99
Total debt45.9634.3452.4535.2039.2038.9829.08
Cash & bank6.325.432.682.102.091.831.30
Net working capital12511082.7260.6759.2855.6745.09
Cash flow
Cash from operations5.47(3.71)(23.91)6.11(0.93)(1.39)1.26
Cash from investing(3.06)(5.26)(2.00)(1.13)(0.45)(2.05)(0.77)
Cash from financing(1.53)11.7226.49(4.97)1.653.96(0.26)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue88.1579.3679.9062.4157.6660.1372.9557.24
Revenue growth (YoY)+52.9%+32.0%+9.5%+9.0%+3.8%+12.0%--
Other income0.280.080.290.250.170.060.070.06
Total expenses85.7776.4977.3259.7654.7856.5267.9751.99
EBITDA2.382.872.582.652.883.614.985.25
EBITDA margin+2.7%+3.6%+3.2%+4.2%+5.0%+6.0%+6.8%+9.2%
Depreciation0.420.400.410.400.390.370.320.32
Interest1.531.131.010.860.680.951.081.12
Profit before tax0.711.421.451.641.982.353.653.87
Tax0.240.350.130.590.450.651.261.17

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 10 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue88.1579.3679.9062.4157.6660.1372.9557.24
Revenue growth (YoY)+52.9%+32.0%+9.5%+9.0%+3.8%+12.0%--
Other income0.280.080.290.250.170.060.070.06
Total expenses85.7776.4977.3259.7654.7856.5267.9751.99
EBITDA2.382.872.582.652.883.614.985.25
EBITDA margin+2.7%+3.6%+3.2%+4.2%+5.0%+6.0%+6.8%+9.2%
Depreciation0.420.400.410.400.390.370.320.32
Interest1.531.131.010.860.680.951.081.12
Profit before tax0.711.421.451.641.982.353.653.87
Tax0.240.350.130.590.450.651.261.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue26023912410785.1370.6566.20
Revenue growth+8.6%+93.0%+15.6%+26.1%+20.5%+6.7%-
Other income0.770.220.340.310.140.660.23
Total expenses24822011195.2576.3763.6560.63
Employee cost4.553.943.082.642.863.272.72
EBITDA11.7419.4212.9712.118.767.005.57
EBITDA margin+4.5%+8.1%+10.5%+11.3%+10.3%+9.9%+8.4%
Depreciation1.571.200.870.780.750.710.58
Interest3.504.724.023.893.674.393.50
Profit before tax7.4413.728.427.754.482.561.72
Tax1.843.992.461.951.340.510.67
Net profit5.619.756.035.833.132.111.08
Net profit margin+2.2%+4.1%+4.9%+5.4%+3.7%+3.0%+1.6%
EPS (₹)0.450.790.630.610.331.610.82
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital24.5924.5919.0819.0819.0812.7212.72
Reserves & surplus68.1262.6718.8812.907.0810.318.27
Shareholders' funds (net worth)92.7187.2637.9631.9826.1623.0320.99
Secured loans45.9634.3422.6533.6834.4833.7824.92
Unsecured loans0.000.0029.801.524.725.204.16
Total debt45.9634.3452.4535.2039.2038.9829.08
Total liabilities13912290.8867.5565.7562.3450.30
Assets
Gross block23.7420.4415.0313.6612.6412.0410.29
Net block13.4311.707.496.616.216.325.02
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories90.0288.1268.4965.7859.9553.2445.79
Sundry debtors45.2842.1722.9212.3315.0312.7215.54
Cash & bank balances6.325.432.682.102.091.831.30
Loans & advances1.781.200.791.330.621.590.67
Total current assets14313794.8881.5477.6969.3863.30
Total current liabilities18.0827.0612.1620.8718.4113.7118.21
Net working capital12511082.7260.6759.2855.6745.09
Total assets13912290.8867.5565.7562.3450.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash5.432.682.102.091.831.301.08
Net cash from operating activities5.47(3.71)(23.91)6.11(0.93)(1.39)1.26
Net cash from investing activities(3.06)(5.26)(2.00)(1.13)(0.45)(2.05)(0.77)
Net cash from financing activities(1.53)11.7226.49(4.97)1.653.96(0.26)
Net change in cash0.892.750.580.010.270.520.22
Closing cash6.325.432.682.102.091.831.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+8.6%+93.0%+15.6%+26.1%+20.5%+6.7%-
EBITDA growth-39.6%+49.7%+7.1%+38.2%+25.1%+25.7%-
PBT growth-45.8%+63.0%+8.7%+73.0%+75.0%+48.8%+14.7%
Net income growth-42.5%+61.7%+3.4%+86.3%+48.3%+95.4%-
Revenue CAGR (3Y)+34.3%+41.2%+20.6%+17.5%+5.2%+12.8%+19.4%
EBITDA CAGR (3Y)-1.0%+30.4%+22.8%+29.6%+21.0%+20.0%+22.2%
Profitability & leverage
Net income margin+2.2%+4.1%+4.8%+5.4%+3.7%+2.9%+1.6%
Return on capital employed+8.4%+17.3%+15.7%+17.5%+12.7%+12.3%+10.7%
Return on net worth+6.2%+15.5%+17.1%+20.0%+12.8%+9.3%+5.1%
Debt / equity0.450.691.251.281.591.551.36
Long-term debt / equity0.030.280.520.260.370.290.22
Interest cover34.4125.9133.2234.3345.8269.7970.14
Efficiency & per share
Fixed asset turnover13.8015.8810.098.168.117.437.83
Inventory turnover3.423.602.151.711.771.671.86
Debtors turnover6.978.658.217.857.215.875.54
EPS (₹)0.450.790.630.610.331.610.82
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)7.547.103.983.352.7418.1016.50

To see the full year-wise statements and ratios of Ultracab (India) Limited, buy the company report.

Board of directors of Ultracab (India) Limited

Ultracab (India) has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nitesh Parshottambhai VaghasiyaManaging Director19 Dec 200718 Years 10 MonthsCurrent
Pankaj Vasantbhai ShingalaWhole-Time Director25 Mar 201115 Years 7 MonthsCurrent
Artiben Pankajkumar ShingalaDirector22 Mar 20215 Years 7 MonthsCurrent
Shital Ashish GajeraDirector01 Sep 20251 Years 2 MonthsCurrent
Satish KalkaniDirector06 Sep 20242 Years 2 MonthsCurrent
Viralben Chetankumar DaveDirector06 Sep 20242 Years 2 MonthsCurrent

Auditor

Ultracab (India) Limited is audited by Bhavin Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Bhavin AssociatesFY 2024101383W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 29.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 70.50%.

Promoters: 29.50%Retail & Others: 70.50%
Mar 2026
QUARTER
29.50% Promoters
70.50% Retail & Others
Promoter holding - history
Now 29.50% · Mar 2026High 29.50% · Jun 2025Low 29.50% · Jun 2025
28%28.8%29.5%30.3%31%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 29.50%Sep 2025: 29.50%Dec 2025: 29.50%Mar 2026: 29.50%29.50%29.50%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters29.50%29.50%29.50%29.50%
Public70.50%70.50%70.50%70.50%

Charges & borrowings

Open charges
₹67.1 Cr
Satisfied charges
₹43.11 Cr
Breakdown by lending institutions
Axis Bank Limited₹65.11 Cr
Standard Chartered Bank₹1.50 Cr
Others₹0.32 Cr
Hdfc Bank Limited₹0.17 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Jul 2026101351005Standard Chartered Bank₹1.5 CrOpen
10 Jul 2026101326663Axis Bank Limited₹3.29 CrOpen
15 Nov 2024101008668Axis Bank Limited₹5 CrOpen
27 Jul 2023100765284Others₹32 LakhOpen
30 Jun 2022100594093Hdfc Bank Limited₹16.89 LakhOpen

To see the full charge records of Ultracab (India) Limited, buy the company report.

Total charge records: 15 View all charges

Deals & funding

Ultracab (India) Limited has 27 deals on record (26 market trades, 1 ipo); the latest was in March 2025.

Total deals
27
Market trades
26
IPO
1

Deals on record (5 of 27)

WhenDealAmountParties
Mar 2025Market trade₹1.66 CrBuyer: an individual
Seller: an individual
Mar 2025Market trade₹3.1 CrBuyer: an individual
Seller: 3 individuals
Mar 2025Market trade₹95.5 LakhSeller: an individual
Jan 2024Market trade₹2.53 CrBuyer: Multiplier Share and Stock Advisors Private Limited
Seller: Topgain Finance Private Limited , Multiplier Share and Stock Advisors Private Limited
Jan 2024Market trade₹3.16 CrBuyer: Topgain Finance Private Limited , Multiplier Share and Stock Advisors Private Limited

To see the full deal history of Ultracab (India) Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Ultracab (India) Limited was last rated by Crisil on 29 Sep 2020.

Rating agencyRated onRating
Crisil29 Sep 2020

To see the full credit ratings and regulatory alerts of Ultracab (India) Limited, buy the company report.

MSME payment delays

Ultracab (India) Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 133 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 15)

SupplierAmount dueDue sinceReported on
Jigar Cables Limited
an individual supplier
an individual supplier
Mahesh Barcode Solutions Private Limited
CBS Software Solutions

To see the full MSME payment records of Ultracab (India) Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Ultracab (India) Limited has a workforce of 20 employees on its EPFO records as of Nov 15, 2024, across 1 active EPFO establishment.

Employee count
20
Active EPFO establishments
1
Employee growth
-4.76%

GST

Ultracab (India) has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
24AAACU9613L1Z4GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Ultracab (India) Limited, buy the company report.

Recent activity

Ultracab (India) Limited has 15 board changes on record since 2007: 6 appointments and 9 cessations. The latest: Shital Ashish Gajera was appointed as Director on 01 Sep 2025.

Charges
A charge with Axis Bank Limited of Rs. 3.29 Cr registered on 10 Jul 2026 with Charge ID 101326663 was modified on 18 Jul 2026.
Charges
A charge with Standard Chartered Bank amounted to Rs. 1.50 Cr with Charge ID 101351005 was registered on 16 Jul 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.29 Cr with Charge ID 101326663 was registered on 10 Jul 2026.
Filing
Ultracab (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 56.82 Cr registered on 20 Jan 2016 with Charge ID 10619018 was modified on 07 Mar 2026.
AGM
Ultracab (India) Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Appointed
Shital Ashish Gajera was appointed as Director.
Ceased
Vipul Mansukhbhai Patel ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 101008668 was registered on 15 Nov 2024.
Ceased
Prashant Sawant ceased to be Director.
Appointed
Satish Kalkani was appointed as Director.
Appointed
Viralben Chetankumar Dave was appointed as Director.

36 earlier events are in the company report.

Frequently asked questions

Ultracab (India) is an active public limited company based in Rajkot, Gujarat, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 19 December 2007 (19+ years old) and is registered under CIN L31300GJ2007PLC052394. Listed on BSE: 538706.

Ultracab (India) reported revenue of ₹260.11 Cr for FY 2025-26 (up 8.6% YoY) based on standalone financials.

Ultracab (India) has 6 current directors:

The latest financial statements of Ultracab (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ultracab (India) is 24AAACU9613L1Z4, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Ultracab (India) is L31300GJ2007PLC052394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Ultracab (India) is a listed company as per MCA records. Its shares are listed on BSE (code: 538706).

Ultracab (India) has 29 court cases on record: 15 filed by the company and 14 filed against it. 7 are pending. Most are in the district courts.

Ultracab (India) was incorporated on 19 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Ultracab (India) has 27 deals on record (26 market trades, 1 ipo); the latest was in March 2025.

Shital Ashish Gajera was appointed as Director on 01 Sep 2025. Vipul Mansukhbhai Patel ceased to be Director on 30 Jul 2025. Prashant Sawant ceased to be Director on 27 Sep 2024. Ultracab (India) has 15 board changes on record in total.