United Credit Ltd
Incorporated in 1991, United Credit Ltd is in the business of financing and renting activities[1]
- Market Cap ₹ 12.4 Cr.
- Current Price ₹ 23.2
- High / Low ₹ 30.1 / 11.8
- Stock P/E 8.97
- Book Value ₹ 52.3
- Dividend Yield 0.00 %
- ROCE 3.22 %
- ROE 2.67 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.48 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 3.40% over past five years.
- Company has a low return on equity of 2.98% over last 3 years.
- Earnings include an other income of Rs.0.68 Cr.
* 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: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2.09 | 2.24 | 1.89 | 1.95 | 1.77 | 2.09 | 2.47 | 2.64 | 2.89 | 2.71 | 2.76 | 2.92 | 3.19 | |
1.06 | 7.05 | 1.06 | 1.10 | 2.20 | 1.36 | 1.38 | 4.28 | 1.74 | 1.56 | 1.56 | 1.99 | 1.99 | |
Operating Profit | 1.03 | -4.81 | 0.83 | 0.85 | -0.43 | 0.73 | 1.09 | -1.64 | 1.15 | 1.15 | 1.20 | 0.93 | 1.20 |
OPM % | 49.28% | -214.73% | 43.92% | 43.59% | -24.29% | 34.93% | 44.13% | -62.12% | 39.79% | 42.44% | 43.48% | 31.85% | 37.62% |
0.21 | 0.04 | 0.07 | 0.03 | 0.81 | 0.03 | 0.06 | 5.28 | 0.07 | 0.07 | 0.10 | 0.00 | 0.68 | |
Interest | 0.00 | 0.01 | 0.02 | 0.00 | 0.02 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
Depreciation | 0.05 | 0.04 | 0.04 | 0.06 | 0.09 | 0.08 | 0.06 | 0.04 | 0.03 | 0.03 | 0.02 | 0.06 | 0.08 |
Profit before tax | 1.19 | -4.82 | 0.84 | 0.82 | 0.27 | 0.66 | 1.07 | 3.60 | 1.19 | 1.19 | 1.28 | 0.86 | 1.80 |
Tax % | 39.50% | 34.23% | 32.14% | 36.59% | 77.78% | -18.18% | 38.32% | 41.67% | 23.53% | 26.89% | 40.62% | 17.44% | |
0.71 | -3.17 | 0.58 | 0.52 | 0.06 | 0.78 | 0.66 | 2.09 | 0.90 | 0.87 | 0.75 | 0.72 | 1.38 | |
EPS in Rs | 1.33 | -5.95 | 1.09 | 0.98 | 0.11 | 1.46 | 1.24 | 3.92 | 1.69 | 1.63 | 1.41 | 1.35 | 2.58 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 18.39% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 3% |
3 Years: | 0% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 2% |
3 Years: | -7% |
TTM: | 70% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 5% |
3 Years: | 32% |
1 Year: | 39% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 4% |
3 Years: | 3% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 |
Reserves | 18.29 | 15.12 | 14.95 | 15.46 | 15.52 | 16.30 | 16.96 | 19.04 | 19.49 | 20.37 | 21.14 | 21.85 | 22.37 |
Preference Capital | 1.06 | 1.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.04 | 0.02 | 0.00 | 0.13 | 0.17 | 0.10 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.11 | |
2.04 | 2.02 | 1.88 | 1.83 | 1.78 | 2.16 | 2.05 | 1.79 | 1.85 | 0.97 | 0.93 | 1.23 | 0.93 | |
Total Liabilities | 25.86 | 22.65 | 22.32 | 22.91 | 22.96 | 24.05 | 24.52 | 26.32 | 26.83 | 26.83 | 27.56 | 28.70 | 28.90 |
0.18 | 0.15 | 0.13 | 0.21 | 0.24 | 0.18 | 0.14 | 0.10 | 0.09 | 0.06 | 0.05 | 0.22 | 0.21 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 6.26 | 0.28 | 0.24 | 0.23 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.45 | 0.32 | 0.32 |
19.42 | 22.22 | 21.95 | 22.47 | 22.72 | 23.87 | 24.38 | 26.22 | 26.74 | 26.77 | 27.06 | 28.16 | 28.37 | |
Total Assets | 25.86 | 22.65 | 22.32 | 22.91 | 22.96 | 24.05 | 24.52 | 26.32 | 26.83 | 26.83 | 27.56 | 28.70 | 28.90 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.46 | 0.19 | 0.94 | 0.04 | 0.07 | 0.31 | -0.14 | -2.48 | 0.30 | 0.94 | 0.41 | 0.31 | |
-0.05 | -0.01 | -0.01 | -0.15 | -0.04 | -0.01 | 0.03 | 2.61 | -0.02 | 0.00 | -0.44 | -0.13 | |
-0.58 | -0.17 | -0.93 | 0.11 | 0.04 | -0.08 | -0.08 | -0.02 | -0.45 | -0.87 | 0.00 | 0.13 | |
Net Cash Flow | -0.17 | 0.01 | 0.00 | 0.00 | 0.08 | 0.22 | -0.19 | 0.12 | -0.16 | 0.06 | -0.03 | 0.30 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 1.63 | 0.00 | 0.00 | 2.06 | 3.49 | 7.39 | 17.97 | 37.89 | 45.79 | 59.51 | 41.25 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0.00 | 1.63 | 0.00 | 0.00 | 2.06 | 3.49 | 7.39 | 17.97 | 37.89 | 45.79 | 59.51 | 41.25 |
Working Capital Days | 2,942.70 | 1,303.57 | 1,332.54 | 1,428.18 | 1,649.72 | 1,505.41 | 1,467.39 | 1,306.53 | 1,168.25 | 1,332.05 | 1,281.47 | 1,158.75 |
ROCE % | 4.96% | -20.66% | 4.08% | 3.90% | 1.37% | 3.16% | 4.91% | 15.28% | 4.81% | 4.68% | 4.88% | 3.22% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - DP) Regulations, 2018, please find enclosed certificate received from our Registrar and Transfer Agent namely CB Management Services(P) Limited for the Quarter ended 31st March, …
- Compliance Certificate Certifying Share Transfer Facility - Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024 8 Apr
- COMPLIANCE OF REGULATION 40(9) OF THE SEBI (LODR) REGULATIONS, 2015 FOR THE YEAR ENDED 31ST MARCH, 2024 8 Apr
- Closure of Trading Window 26 Mar
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Published Unaudited Financial Results As On 31St December, 2023
13 Feb - Copies of publications of the unaudited Financial Results of the Company for the quarter and nine months ended 31st December, 2023, which were taken on …
Annual reports
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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 2013
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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][2]
Company is registered as a Non Systematically Important Non Deposit Taking Non Banking Financial Company and earns its revenue from interest on loan and rent. At present, company is facing difficulty in carrying on its traditional business, mainly in recovering the fund disbursed, combating competition from other big players in the market, etc. Therefore it has started exploring opportunities in segments like real estates, loan syndication and entertainment in a limited manner. Management expects that expansion of range of activities will help Company in increasing its profits in coming years