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 ₹ 169 Cr.
- Current Price ₹ 138
- High / Low ₹ 171 / 88.6
- Stock P/E 56.2
- Book Value ₹ 41.4
- Dividend Yield 0.73 %
- ROCE 8.12 %
- ROE 4.70 %
- Face Value ₹ 5.00
Pros
- Promoter holding has increased by 2.88% over last quarter.
Cons
- Stock is trading at 3.33 times its book value
- Company has a low return on equity of 5.70% over last 3 years.
- Company has high debtors of 190 days.
* 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
Sector: Miscellaneous Industry: Miscellaneous
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5.55 | 6.17 | 5.26 | 3.50 | 1.76 | 3.84 | 5.86 | 7.81 | 8.99 | 11.63 | 16.71 | 22.83 | 24.87 | |
6.49 | 4.85 | 5.20 | 3.72 | 4.25 | 4.12 | 4.28 | 5.79 | 6.00 | 9.00 | 10.86 | 15.68 | 15.67 | |
Operating Profit | -0.94 | 1.32 | 0.06 | -0.22 | -2.49 | -0.28 | 1.58 | 2.02 | 2.99 | 2.63 | 5.85 | 7.15 | 9.20 |
OPM % | -16.94% | 21.39% | 1.14% | -6.29% | -141.48% | -7.29% | 26.96% | 25.86% | 33.26% | 22.61% | 35.01% | 31.32% | 36.99% |
0.01 | -0.01 | -0.09 | 0.88 | -0.85 | 0.13 | 0.14 | 0.02 | 0.41 | 0.68 | 0.51 | 0.46 | 0.48 | |
Interest | 0.51 | 0.68 | 0.60 | 0.52 | 0.82 | 0.22 | 1.07 | 1.20 | 1.34 | 1.40 | 1.86 | 2.97 | 3.05 |
Depreciation | 0.29 | 0.31 | 0.39 | 0.30 | 3.78 | 3.75 | 3.75 | 0.83 | 0.87 | 0.99 | 1.42 | 2.10 | 2.43 |
Profit before tax | -1.73 | 0.32 | -1.02 | -0.16 | -7.94 | -4.12 | -3.10 | 0.01 | 1.19 | 0.92 | 3.08 | 2.54 | 4.20 |
Tax % | 0.58% | 0.00% | -8.82% | -6.25% | -13.98% | -84.22% | -30.00% | -13,300.00% | 68.91% | -90.22% | 24.03% | 27.17% | |
-1.75 | 0.32 | -0.93 | -0.15 | -6.83 | -0.65 | -2.18 | 1.34 | 0.36 | 1.75 | 2.34 | 1.84 | 3.01 | |
EPS in Rs | -2.19 | 0.40 | -1.16 | -0.19 | -8.54 | -0.81 | -2.72 | 1.52 | 0.38 | 1.56 | 2.09 | 1.49 | 2.43 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 67.17% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 31% |
3 Years: | 36% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 23% |
3 Years: | 73% |
TTM: | 45% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 66% |
3 Years: | 71% |
1 Year: | 53% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | 5% |
3 Years: | 6% |
Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3.99 | 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 | -3.02 | -2.70 | -3.70 | -3.85 | 25.08 | 24.45 | 22.25 | 24.27 | 24.83 | 26.96 | 29.29 | 37.62 | 44.27 |
3.56 | 3.74 | 3.69 | 4.06 | 4.48 | 8.56 | 9.50 | 9.50 | 15.00 | 17.27 | 26.53 | 30.75 | 26.10 | |
3.00 | 3.57 | 2.58 | 2.22 | 19.05 | 12.21 | 11.47 | 10.30 | 11.83 | 10.68 | 12.04 | 13.51 | 14.10 | |
Total Liabilities | 7.53 | 8.60 | 6.56 | 6.42 | 52.60 | 49.21 | 47.21 | 48.44 | 56.45 | 60.50 | 73.45 | 88.06 | 91.36 |
2.43 | 2.42 | 2.18 | 1.88 | 49.84 | 46.08 | 42.50 | 42.55 | 43.98 | 48.75 | 58.01 | 66.29 | 68.21 | |
CWIP | 0.00 | 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 | 0.00 | 0.51 | 2.30 | 0.50 | 0.01 | 0.00 | 0.00 |
5.10 | 6.18 | 4.38 | 4.54 | 2.76 | 3.13 | 4.71 | 5.38 | 10.17 | 11.25 | 15.43 | 21.04 | 23.15 | |
Total Assets | 7.53 | 8.60 | 6.56 | 6.42 | 52.60 | 49.21 | 47.21 | 48.44 | 56.45 | 60.50 | 73.45 | 88.06 | 91.36 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.48 | 0.66 | 0.85 | -0.20 | 0.37 | -3.81 | 0.56 | 1.43 | 0.27 | 1.62 | 2.47 | 2.46 | |
-0.09 | -0.28 | -0.30 | 0.00 | 0.01 | 0.00 | -0.17 | -1.37 | -3.99 | -3.97 | -10.12 | -11.11 | |
-0.50 | -0.29 | -0.56 | 0.11 | -0.38 | 3.86 | -0.13 | -0.03 | 4.95 | 1.74 | 7.26 | 8.41 | |
Net Cash Flow | -0.11 | 0.09 | -0.01 | -0.09 | 0.00 | 0.05 | 0.26 | 0.03 | 1.22 | -0.61 | -0.39 | -0.24 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 61.16 | 90.51 | 32.61 | 77.17 | 89.18 | 144.48 | 139.52 | 97.68 | 183.11 | 156.29 | 150.50 | 190.25 |
Inventory Days | 1,349.65 | 1,368.75 | 807.26 | 2,679.63 | 349.23 | 124.14 | 465.96 | 384.67 | 389.79 | 300.38 | 397.69 | 300.73 |
Days Payable | 628.14 | 759.03 | 447.59 | 970.37 | 380.77 | 66.70 | 93.19 | 124.58 | 90.91 | 55.89 | 111.29 | 97.63 |
Cash Conversion Cycle | 782.67 | 700.23 | 392.29 | 1,786.44 | 57.63 | 201.92 | 512.29 | 357.77 | 482.00 | 400.79 | 436.90 | 393.36 |
Working Capital Days | 120.35 | 130.74 | 86.74 | 180.41 | -414.77 | 168.24 | 181.25 | 153.76 | 253.35 | 239.46 | 239.62 | 254.20 |
ROCE % | -22.08% | 21.34% | -7.33% | -12.22% | -33.17% | -11.31% | -5.97% | 3.28% | 6.11% | 4.91% | 8.88% | 8.12% |
Documents
Announcements
-
Appointment of Company Secretary and Compliance Officer
2 Dec - Appointment of Mr. Ronak Parakh as Company Secretary.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2 Dec
-
Appointment of Company Secretary and Compliance Officer
2 Dec - Appointment of Mr. Ronak Parakh as company secretary.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 21 Nov
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
20 Nov - Resignation of Company Secretary effective December 01, 2024.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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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
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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.