Uniparts India Ltd

Uniparts India Ltd

₹ 549 0.10%
18 Apr - close price
About

Incorporated in 1994, Uniparts India Limited is a manufacturer of engineered systems and solutions. The company is one of the leading suppliers of systems and components for the off-highway market in the agriculture and construction, forestry and mining ("CFM"), and aftermarket sectors with a presence across over 25 countries.[1]

Key Points

Business Area[1] Uniparts is a concept-to-supply player for systems and components for the off-highway vehicles (“OHVs”) with a presence across the value chain and offers fully integrated engineering solutions from conceptualization, development, and validation to implementation and manufacturing of their products. They are complex, critical, and low-volume-high SKU products.[2]

  • Market Cap 2,479 Cr.
  • Current Price 549
  • High / Low 723 / 500
  • Stock P/E 17.5
  • Book Value 194
  • Dividend Yield 2.59 %
  • ROCE 31.7 %
  • ROE 27.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 23.8%
  • Debtor days have improved from 55.7 to 41.5 days.

Cons

* 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: Auto Ancillaries Industry: Auto Ancillaries

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
303 347 347 360 331 328 297 294 259
236 277 272 280 252 265 237 240 218
Operating Profit 67 70 75 80 79 63 59 54 41
OPM % 22% 20% 22% 22% 24% 19% 20% 18% 16%
2 0 1 2 7 7 1 1 3
Interest 1 1 1 2 2 1 1 1 1
Depreciation 9 9 10 10 10 9 10 10 11
Profit before tax 58 59 65 70 74 59 49 43 32
Tax % 25% 24% 23% 24% 24% 24% 24% 23% 19%
44 45 51 53 56 45 37 33 26
EPS in Rs 9.73 10.04 11.19 11.69 12.48 10.04 8.22 7.31 5.75
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
805 1,061 907 903 1,227 1,366 1,178
715 923 811 783 959 1,068 961
Operating Profit 90 138 96 120 268 298 217
OPM % 11% 13% 11% 13% 22% 22% 18%
2 2 32 44 3 15 12
Interest 15 18 18 8 6 6 5
Depreciation 17 30 35 37 37 39 41
Profit before tax 60 92 74 119 229 268 184
Tax % 28% 24% 16% 23% 26% 24%
44 70 63 91 169 205 141
EPS in Rs 19.30 15.42 13.88 20.21 37.40 45.40 31.32
Dividend Payout % 11% 8% 0% 16% 24% 31%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 15%
TTM: -15%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 53%
TTM: -31%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 2%
Return on Equity
10 Years: %
5 Years: %
3 Years: 25%
Last Year: 27%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 22 45 45 45 45 45 45
Reserves 224 377 420 514 641 786 830
212 392 298 162 158 61 63
149 147 141 181 205 182 147
Total Liabilities 608 961 904 901 1,048 1,074 1,084
257 356 340 322 325 337 339
CWIP 2 9 10 2 2 7 8
Investments 0 0 0 1 0 25 92
349 597 554 575 721 705 646
Total Assets 608 961 904 901 1,048 1,074 1,084

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-6 133 153 85 253
-113 -8 -17 -32 -53
125 -123 -141 -49 -175
Net Cash Flow 6 2 -6 3 25

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 37 50 49 68 58 42
Inventory Days 250 363 398 359 417 352
Days Payable 0 68 58 93 81 53
Cash Conversion Cycle 288 345 389 333 393 340
Working Capital Days 99 158 170 169 160 140
ROCE % 11% 17% 30% 32%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
65.79% 65.79% 65.66% 65.66% 65.66% 65.66%
7.49% 6.63% 5.48% 3.33% 2.30% 2.28%
9.27% 10.90% 10.87% 11.04% 9.70% 9.29%
15.48% 15.10% 16.46% 19.04% 21.51% 21.94%
1.98% 1.57% 1.53% 0.94% 0.84% 0.00%
No. of Shareholders 1,27,79798,41987,98981,92186,89786,556

* 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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