United Van Der Horst Ltd
Incorporated in 1989, United Van Der Horst
is in the business of providing reconditioning
and manufacturing services to the Core sectors.[1]
- Market Cap ₹ 205 Cr.
- Current Price ₹ 149
- High / Low ₹ 165 / 88.6
- Stock P/E 33.0
- Book Value ₹ 37.3
- Dividend Yield 0.67 %
- ROCE 11.6 %
- ROE 9.16 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has delivered good profit growth of 26.6% CAGR over last 5 years
Cons
- Stock is trading at 3.99 times its book value
- Company has a low return on equity of 7.09% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
6.17 | 5.26 | 3.50 | 1.76 | 3.84 | 5.86 | 7.81 | 8.99 | 11.63 | 16.71 | 22.83 | 30.04 | 33.43 | |
4.85 | 5.20 | 3.72 | 4.25 | 4.12 | 4.28 | 5.79 | 6.00 | 9.00 | 10.86 | 15.68 | 19.47 | 20.06 | |
Operating Profit | 1.32 | 0.06 | -0.22 | -2.49 | -0.28 | 1.58 | 2.02 | 2.99 | 2.63 | 5.85 | 7.15 | 10.57 | 13.37 |
OPM % | 21.39% | 1.14% | -6.29% | -141.48% | -7.29% | 26.96% | 25.86% | 33.26% | 22.61% | 35.01% | 31.32% | 35.19% | 39.99% |
-0.01 | -0.09 | 0.88 | -0.85 | 0.13 | 0.14 | 0.02 | 0.41 | 0.68 | 0.51 | 0.46 | 0.62 | 0.66 | |
Interest | 0.68 | 0.60 | 0.52 | 0.82 | 0.22 | 1.07 | 1.20 | 1.34 | 1.40 | 1.86 | 2.97 | 2.80 | 2.63 |
Depreciation | 0.31 | 0.39 | 0.30 | 3.78 | 3.75 | 3.75 | 0.83 | 0.87 | 0.99 | 1.42 | 2.10 | 2.63 | 2.70 |
Profit before tax | 0.32 | -1.02 | -0.16 | -7.94 | -4.12 | -3.10 | 0.01 | 1.19 | 0.92 | 3.08 | 2.54 | 5.76 | 8.70 |
Tax % | 0.00% | -8.82% | -6.25% | -13.98% | -84.22% | -30.00% | -13,300.00% | 68.91% | -90.22% | 24.03% | 27.17% | 24.31% | |
0.32 | -0.93 | -0.15 | -6.83 | -0.65 | -2.18 | 1.34 | 0.36 | 1.75 | 2.34 | 1.84 | 4.36 | 6.22 | |
EPS in Rs | 0.40 | -1.16 | -0.19 | -8.54 | -0.81 | -2.72 | 1.52 | 0.38 | 1.56 | 2.09 | 1.49 | 3.16 | 4.51 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 67.17% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 19% |
5 Years: | 31% |
3 Years: | 37% |
TTM: | 46% |
Compounded Profit Growth | |
---|---|
10 Years: | 22% |
5 Years: | 27% |
3 Years: | 36% |
TTM: | 320% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 69% |
3 Years: | 66% |
1 Year: | 36% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 6% |
3 Years: | 7% |
Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3.99 | 3.99 | 3.99 | 3.99 | 3.99 | 3.99 | 4.37 | 4.79 | 5.59 | 5.59 | 6.18 | 6.89 |
Reserves | -2.70 | -3.70 | -3.85 | 25.08 | 24.45 | 22.25 | 24.27 | 24.83 | 26.96 | 29.29 | 37.62 | 44.51 |
3.74 | 3.69 | 4.06 | 4.48 | 8.56 | 9.50 | 9.50 | 15.00 | 17.27 | 26.53 | 30.75 | 21.59 | |
3.57 | 2.58 | 2.22 | 19.05 | 12.21 | 11.47 | 10.30 | 11.83 | 10.68 | 12.04 | 13.51 | 15.33 | |
Total Liabilities | 8.60 | 6.56 | 6.42 | 52.60 | 49.21 | 47.21 | 48.44 | 56.45 | 60.50 | 73.45 | 88.06 | 88.32 |
2.42 | 2.18 | 1.88 | 49.84 | 46.08 | 42.50 | 42.55 | 43.98 | 48.75 | 58.01 | 66.29 | 67.46 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.73 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.51 | 2.30 | 0.50 | 0.01 | 0.00 | 0.00 |
6.18 | 4.38 | 4.54 | 2.76 | 3.13 | 4.71 | 5.38 | 10.17 | 11.25 | 15.43 | 21.04 | 20.86 | |
Total Assets | 8.60 | 6.56 | 6.42 | 52.60 | 49.21 | 47.21 | 48.44 | 56.45 | 60.50 | 73.45 | 88.06 | 88.32 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.66 | 0.85 | -0.20 | 0.37 | -3.81 | 0.56 | 1.43 | 0.27 | 1.62 | 2.47 | 2.46 | 11.64 | |
-0.28 | -0.30 | 0.00 | 0.01 | 0.00 | -0.17 | -1.37 | -3.99 | -3.97 | -10.12 | -11.11 | -3.31 | |
-0.29 | -0.56 | 0.11 | -0.38 | 3.86 | -0.13 | -0.03 | 4.95 | 1.74 | 7.26 | 8.41 | -8.64 | |
Net Cash Flow | 0.09 | -0.01 | -0.09 | 0.00 | 0.05 | 0.26 | 0.03 | 1.22 | -0.61 | -0.39 | -0.24 | -0.31 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 90.51 | 32.61 | 77.17 | 89.18 | 144.48 | 139.52 | 97.68 | 183.11 | 156.29 | 150.50 | 190.25 | 139.97 |
Inventory Days | 1,368.75 | 807.26 | 2,679.63 | 349.23 | 124.14 | 465.96 | 384.67 | 389.79 | 300.38 | 397.69 | 300.73 | 288.16 |
Days Payable | 759.03 | 447.59 | 970.37 | 380.77 | 66.70 | 93.19 | 124.58 | 90.91 | 55.89 | 111.29 | 97.63 | 109.00 |
Cash Conversion Cycle | 700.23 | 392.29 | 1,786.44 | 57.63 | 201.92 | 512.29 | 357.77 | 482.00 | 400.79 | 436.90 | 393.36 | 319.13 |
Working Capital Days | -33.13 | -104.78 | -162.69 | -1,221.51 | -635.90 | 181.25 | 153.76 | 253.35 | 201.80 | 153.34 | 63.95 | 91.49 |
ROCE % | 21.34% | -7.33% | -12.22% | -33.17% | -11.31% | -5.97% | 3.28% | 6.11% | 4.91% | 8.88% | 8.12% | 11.60% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Copies of Newspaper Advertisement Clippings for Un-Audited Financial Results of the Company for the Quarter Ended June 30, 2025, published in Active Times and Mumbai …
- Corporate Action-Board Approves Dividend-Record Date 14 Aug
-
Corporate Action-Board approves Dividend
14 Aug - Q1 FY26 results: Rs.204L net profit; Rs.1 interim dividend; new secretarial and internal auditors appointed.
-
Announcement under Regulation 30 (LODR)-Change in Management
14 Aug - Q1 FY26 results approved; Rs.1 interim dividend declared; new secretarial and internal auditors appointed.
- Financial Result Of The Company For The Quarter Ended June 30, 2025. 14 Aug
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
from bse
Business Overview:[1]
Company was formed as a collaboration between the UB Group (India) and Dr. Van Der Horst B.V. (Holland), the company provides Reconditioning, Re-standardizing, Reverse Engineering, and Manufacturing services to the core sectors and industries by combining the patented 'Porous Krome' and hard chrome plating techniques with specialized welding processes which include Grinding, Honing, Chrome Plating, Submerge Arc Welding, Boring, Vertical Turret Lathe, and Groove Grinding.