Updater Services Ltd

Updater Services Ltd

₹ 202 -0.47%
17 Nov 9:36 a.m.
About

UDS offes integrated facilities management services and other services. Its service portfolio caters to the needs of diverse customer segments across a range of sectors including FMCG, manufacturing and engineering, banking, financial services, and insurance (BFSI), healthcare, information technology / information technology enabled services (IT / ITeS), automobiles, logistics and warehousing, airports, ports, infrastructure and retail, among others.[1]

Key Points

Business Profile[1]
Updater Services Ltd (UDS), headquartered in Chennai, is India’s 2nd largest outsourced IFM player by market share. It has evolved into a diversified business services platform, offering IFM and Business Support Services (BSS), with a workforce of over 70,000 as of FY25.

  • Market Cap 1,352 Cr.
  • Current Price 202
  • High / Low 430 / 190
  • Stock P/E 20.8
  • Book Value 132
  • Dividend Yield 0.00 %
  • ROCE 9.41 %
  • ROE 7.51 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 7.79% over past five years.
  • Company has a low return on equity of 7.99% over last 3 years.
  • Earnings include an other income of Rs.47.3 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
336 343 342 352 347 350 378 375 392 397 428 416 431
313 338 332 338 341 344 364 361 372 377 413 399 419
Operating Profit 24 5 11 13 6 6 14 14 20 20 15 17 12
OPM % 7% 1% 3% 4% 2% 2% 4% 4% 5% 5% 3% 4% 3%
2 4 1 1 14 10 6 6 6 5 31 3 8
Interest 3 3 5 5 5 3 1 2 2 1 1 1 0
Depreciation 3 4 5 4 4 5 2 2 3 3 2 3 3
Profit before tax 19 2 1 6 10 9 16 16 20 21 43 16 17
Tax % 7% 185% -29% 4% 20% 10% 11% 31% 18% 20% 17% 5% 8%
18 -2 2 5 8 8 14 11 16 16 36 16 15
EPS in Rs 1.19 1.17 2.09 1.63 2.46 2.46 5.30 2.33 2.29
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
818 945 1,094 1,005 1,071 1,309 1,453 1,592 1,671
777 906 1,042 966 1,033 1,271 1,404 1,523 1,608
Operating Profit 41 39 51 39 38 37 48 69 64
OPM % 5% 4% 5% 4% 4% 3% 3% 4% 4%
3 2 1 5 9 28 24 47 47
Interest 1 3 10 6 4 12 14 5 3
Depreciation 5 7 7 6 6 15 16 11 12
Profit before tax 37 31 36 32 37 38 43 99 97
Tax % 7% 5% 9% 3% -1% 14% 12% 20%
34 30 33 31 37 32 37 79 83
EPS in Rs 5.58 11.85 12.38
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: %
5 Years: 8%
3 Years: 14%
TTM: 12%
Compounded Profit Growth
10 Years: %
5 Years: 13%
3 Years: 14%
TTM: 33%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -48%
Return on Equity
10 Years: %
5 Years: 9%
3 Years: 8%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 53 53 53 53 53 53 67 67 67
Reserves 114 145 178 200 236 275 704 786 818
15 27 89 11 58 181 57 60 13
138 160 214 224 264 405 412 333 333
Total Liabilities 321 385 533 489 611 914 1,240 1,246 1,232
11 13 12 9 23 36 39 54 53
CWIP -0 -0 0 -0 2 -0 9 1 0
Investments 25 25 93 93 167 378 397 418 427
285 347 428 387 419 499 796 774 752
Total Assets 321 385 533 489 611 914 1,240 1,246 1,232

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-3 -4 112 34 17 32 11
-29 -49 -17 -92 -101 -298 67
14 54 -80 39 107 243 -14
Net Cash Flow -19 0 14 -19 22 -23 64

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 70 72 82 75 81 80 81 89
Inventory Days
Days Payable
Cash Conversion Cycle 70 72 82 75 81 80 81 89
Working Capital Days 53 46 27 21 6 -31 57 43
ROCE % 17% 17% 13% 15% 12% 9% 9%

Shareholding Pattern

Numbers in percentages

10 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
58.47% 58.73% 58.64% 58.88% 58.88% 58.88% 58.88% 58.88% 58.91%
12.16% 7.26% 5.05% 3.86% 3.54% 3.12% 2.74% 3.69% 3.56%
12.38% 15.26% 14.00% 13.49% 15.26% 15.03% 15.35% 12.78% 13.13%
16.99% 18.75% 22.31% 23.75% 22.31% 22.96% 23.05% 24.65% 24.38%
No. of Shareholders 44,52019,43023,86527,25835,08943,91145,07948,14452,923

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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