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 ₹ 270 Cr.
- Current Price ₹ 39.2
- High / Low ₹ 62.7 / 24.2
- Stock P/E 51.7
- Book Value ₹ 7.71
- Dividend Yield 1.02 %
- ROCE 12.8 %
- ROE 9.98 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 70.7% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 91.0%
Cons
- Stock is trading at 5.08 times its book value
- Company has a low return on equity of 8.16% over last 3 years.
- Company has high debtors of 166 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
Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.26 | 3.50 | 1.76 | 3.84 | 5.86 | 7.81 | 8.99 | 11.63 | 16.71 | 22.83 | 30.04 | 31.94 | |
| 5.20 | 3.72 | 4.25 | 4.12 | 4.28 | 5.79 | 6.00 | 9.00 | 10.86 | 15.68 | 19.34 | 19.91 | |
| Operating Profit | 0.06 | -0.22 | -2.49 | -0.28 | 1.58 | 2.02 | 2.99 | 2.63 | 5.85 | 7.15 | 10.70 | 12.03 |
| OPM % | 1.14% | -6.29% | -141.48% | -7.29% | 26.96% | 25.86% | 33.26% | 22.61% | 35.01% | 31.32% | 35.62% | 37.66% |
| -0.09 | 0.88 | -0.85 | 0.13 | 0.14 | 0.02 | 0.41 | 0.68 | 0.51 | 0.46 | 0.62 | 0.87 | |
| Interest | 0.60 | 0.52 | 0.82 | 0.22 | 1.07 | 1.20 | 1.34 | 1.40 | 1.86 | 2.97 | 2.83 | 2.30 |
| Depreciation | 0.39 | 0.30 | 3.78 | 3.75 | 3.75 | 0.83 | 0.87 | 0.99 | 1.42 | 2.10 | 2.63 | 2.71 |
| Profit before tax | -1.02 | -0.16 | -7.94 | -4.12 | -3.10 | 0.01 | 1.19 | 0.92 | 3.08 | 2.54 | 5.86 | 7.89 |
| Tax % | -8.82% | -6.25% | -13.98% | -84.22% | -30.00% | -13,300.00% | 68.91% | -90.22% | 24.03% | 27.17% | 25.77% | 33.84% |
| -0.93 | -0.15 | -6.83 | -0.65 | -2.18 | 1.34 | 0.36 | 1.75 | 2.34 | 1.84 | 4.36 | 5.22 | |
| EPS in Rs | -0.23 | -0.04 | -1.71 | -0.16 | -0.54 | 0.31 | 0.08 | 0.31 | 0.42 | 0.30 | 0.63 | 0.76 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 67.17% | 47.41% | 158.39% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 29% |
| 3 Years: | 24% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 71% |
| 3 Years: | 31% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 74% |
| 3 Years: | 27% |
| 1 Year: | 41% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.99 | 3.99 | 3.99 | 3.99 | 3.99 | 4.37 | 4.79 | 5.59 | 5.59 | 6.18 | 6.89 | 6.89 |
| Reserves | -3.70 | -3.85 | 25.08 | 24.45 | 22.25 | 24.27 | 24.83 | 26.96 | 29.29 | 37.62 | 44.51 | 46.27 |
| 3.69 | 4.06 | 4.48 | 8.56 | 9.50 | 9.50 | 15.00 | 17.27 | 26.53 | 30.75 | 21.59 | 32.72 | |
| 2.58 | 2.22 | 19.05 | 12.21 | 11.47 | 10.30 | 11.83 | 10.68 | 12.04 | 13.51 | 15.32 | 15.64 | |
| Total Liabilities | 6.56 | 6.42 | 52.60 | 49.21 | 47.21 | 48.44 | 56.45 | 60.50 | 73.45 | 88.06 | 88.31 | 101.52 |
| 2.18 | 1.88 | 49.84 | 46.08 | 42.50 | 42.55 | 43.98 | 48.75 | 58.01 | 66.29 | 67.46 | 68.71 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.73 | 0.00 | 0.19 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.51 | 2.30 | 0.50 | 0.01 | 0.00 | 0.00 | 0.00 |
| 4.38 | 4.54 | 2.76 | 3.13 | 4.71 | 5.38 | 10.17 | 11.25 | 15.43 | 21.04 | 20.85 | 32.62 | |
| Total Assets | 6.56 | 6.42 | 52.60 | 49.21 | 47.21 | 48.44 | 56.45 | 60.50 | 73.45 | 88.06 | 88.31 | 101.52 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.85 | -0.20 | 0.37 | -3.81 | 0.56 | 1.43 | 0.27 | 1.62 | 2.47 | 2.46 | 11.64 | 0.08 | |
| -0.30 | 0.00 | 0.01 | 0.00 | -0.17 | -1.37 | -3.99 | -3.97 | -10.12 | -11.11 | -3.31 | -4.53 | |
| -0.56 | 0.11 | -0.38 | 3.86 | -0.13 | -0.03 | 4.95 | 1.74 | 7.26 | 8.41 | -8.64 | 5.47 | |
| Net Cash Flow | -0.01 | -0.09 | 0.00 | 0.05 | 0.26 | 0.03 | 1.22 | -0.61 | -0.39 | -0.24 | -0.31 | 1.01 |
| Free Cash Flow | 0.55 | -0.20 | 0.37 | -3.81 | 0.39 | 0.57 | -2.04 | -4.15 | -8.15 | -8.66 | 8.66 | -4.17 |
| CFO/OP | 1,417% | 91% | -16% | 1,350% | 40% | 76% | 9% | 63% | 41% | 41% | 107% | 20% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 32.61 | 77.17 | 89.18 | 144.48 | 139.52 | 97.68 | 183.11 | 156.29 | 150.50 | 190.25 | 139.97 | 166.39 |
| Inventory Days | 807.26 | 2,679.63 | 349.23 | 124.14 | 465.96 | 384.67 | 389.79 | 300.38 | 397.69 | 300.73 | 288.16 | 381.71 |
| Days Payable | 447.59 | 970.37 | 380.77 | 66.70 | 93.19 | 124.58 | 90.91 | 55.89 | 111.29 | 97.63 | 109.00 | 99.88 |
| Cash Conversion Cycle | 392.29 | 1,786.44 | 57.63 | 201.92 | 512.29 | 357.77 | 482.00 | 400.79 | 436.90 | 393.36 | 319.13 | 448.22 |
| Working Capital Days | -104.78 | -162.69 | -1,221.51 | -635.90 | 181.25 | 153.76 | 253.35 | 201.80 | 153.34 | 63.95 | 91.49 | 76.45 |
| ROCE % | -7.33% | -12.22% | -33.17% | -11.31% | -5.97% | 3.28% | 6.11% | 4.91% | 8.88% | 8.12% | 11.64% | 12.83% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtors Turnover Ratio times |
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| Export Revenue (Outside India) INR Lakhs |
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| Revenue from Manufacturing INR Lakhs |
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| Revenue from Reconditioning INR Lakhs |
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| Total Permanent Employees count |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2 Jun - The extract copies of Newspaper advertisement clippings for Audited Standalone and Consolidated ....
- Audited Financial Results For The Quarter And Year Ended 31 March 2026 30 May
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Board Meeting Outcome for Board Meeting Held Today I.E, 30Th May 2026
30 May - Board approved audited Q4/FY26 standalone and consolidated results; FY26 net profit rose to ₹521.85 lakh.
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Announcement under Regulation 30 (LODR)-Acquisition
26 May - Subscribed to 1,500 shares of Max Udaan Foundation for CSR implementation; 30% stake, cash consideration.
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Board Meeting Intimation for Update On Board Meeting
25 May - Board meeting rescheduled to May 30, 2026 to approve FY26 audited standalone and consolidated results.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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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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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.