Uravi T and Wedge Lamps Ltd

Uravi T and Wedge Lamps Ltd

₹ 585 -1.71%
26 Jul - close price
About

Incorporated in 2004, Uravi T & Wedge Lamps Ltd manufactures and supplies automotive component[1]

Key Points

Business Overview:[1][2]
Company is an ISO/TS certified and holds certifications from the Automotive Research Association of India and E-mark for their products. It specializes in manufacturing and
distributing of Stop & Tail /Signal/Indicator lamps and Wedge lamps for Two-wheelers, Four-wheelers, Tractors and industrial applications for Indian automobile manufacturers. It delivers tailored solutions for both OEM and aftermarket sectors under the brand name UVAL

  • Market Cap 643 Cr.
  • Current Price 585
  • High / Low 670 / 227
  • Stock P/E 302
  • Book Value 23.2
  • Dividend Yield 0.00 %
  • ROCE 9.86 %
  • ROE 8.70 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 25.2 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 3.58% over past five years.
  • Company has a low return on equity of 5.82% over last 3 years.
  • Promoters have pledged 39.8% of their holding.

* 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

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
8.85 9.24 8.46 7.36 8.76 10.62 11.53 11.08
7.64 7.44 7.13 6.90 7.30 8.88 9.97 9.41
Operating Profit 1.21 1.80 1.33 0.46 1.46 1.74 1.56 1.67
OPM % 13.67% 19.48% 15.72% 6.25% 16.67% 16.38% 13.53% 15.07%
0.06 0.18 0.29 0.19 0.18 0.19 0.06 0.26
Interest 0.30 0.70 0.58 0.47 0.54 0.56 0.60 0.57
Depreciation 0.53 0.56 0.55 0.55 0.57 0.58 0.60 0.62
Profit before tax 0.44 0.72 0.49 -0.37 0.53 0.79 0.42 0.74
Tax % -22.73% 50.00% 32.65% -2.70% -16.98% 27.85% 9.52% 25.68%
0.54 0.36 0.33 -0.36 0.62 0.58 0.38 0.55
EPS in Rs 0.49 0.33 0.30 -0.33 0.56 0.53 0.35 0.50
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
10.19 16.11 29.44 28.94 33.82 35.22 36.14 27.80 31.34 33.90 41.99
8.29 12.89 24.56 24.32 27.29 28.24 30.73 25.49 26.23 29.02 35.57
Operating Profit 1.90 3.22 4.88 4.62 6.53 6.98 5.41 2.31 5.11 4.88 6.42
OPM % 18.65% 19.99% 16.58% 15.96% 19.31% 19.82% 14.97% 8.31% 16.31% 14.40% 15.29%
-0.00 -0.00 0.15 0.15 0.13 0.27 0.34 0.60 0.28 0.71 0.69
Interest 0.74 1.68 2.07 1.75 1.66 1.55 1.89 1.87 2.18 2.12 2.26
Depreciation 0.20 0.47 1.40 1.43 1.46 1.65 1.87 2.35 2.09 2.19 2.36
Profit before tax 0.96 1.07 1.56 1.59 3.54 4.05 1.99 -1.31 1.12 1.28 2.49
Tax % 27.08% 32.71% 39.74% 33.96% 22.03% 29.14% 18.59% -24.43% 33.93% 32.03% 14.46%
0.69 0.72 0.94 1.05 2.76 2.87 1.62 -0.99 0.73 0.87 2.13
EPS in Rs 6.90 0.72 0.94 1.05 2.51 2.61 1.47 -0.90 0.66 0.79 1.94
Dividend Payout % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: %
5 Years: 4%
3 Years: 15%
TTM: 24%
Compounded Profit Growth
10 Years: %
5 Years: -6%
3 Years: 61%
TTM: 142%
Stock Price CAGR
10 Years: %
5 Years: 61%
3 Years: 96%
1 Year: 128%
Return on Equity
10 Years: %
5 Years: 4%
3 Years: 6%
Last Year: 9%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0.50 5.00 5.00 5.00 5.50 5.50 5.50 5.50 5.50 11.00 11.00
Reserves 0.84 1.57 4.73 5.78 12.84 15.71 17.34 16.39 17.13 12.43 14.52
9.97 12.62 16.67 14.55 13.67 16.66 20.41 22.91 22.90 22.85 24.57
1.45 1.86 6.73 4.00 4.44 4.33 4.15 3.01 3.72 5.28 5.43
Total Liabilities 12.76 21.05 33.13 29.33 36.45 42.20 47.40 47.81 49.25 51.56 55.52
6.63 10.80 14.78 14.27 13.47 16.63 16.78 15.62 15.49 14.93 14.73
CWIP -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.05 0.23 -0.00 2.95 2.54
Investments -0.00 -0.00 0.06 0.06 0.06 0.06 0.06 0.67 0.92 0.01 0.01
6.13 10.25 18.29 15.00 22.92 25.51 30.51 31.29 32.84 33.67 38.24
Total Assets 12.76 21.05 33.13 29.33 36.45 42.20 47.40 47.81 49.25 51.56 55.52

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3.07 2.21 -0.95 -1.12 0.97 3.08 4.73 0.63
-0.92 -0.67 -4.81 -2.07 -2.22 -1.23 -2.39 -0.00
-2.12 3.93 2.71 3.48 0.52 -2.10 -2.36 -0.53
Net Cash Flow 0.03 5.47 -3.04 0.28 -0.73 -0.25 -0.02 0.10

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 138.62 123.48 115.92 102.79 101.13 108.51 131.70 160.97 142.79 119.84 118.57
Inventory Days 182.90 152.26 159.35 228.96 233.80 286.16 358.76 366.65 339.45
Days Payable 112.35 57.75 60.91 28.74 32.53 37.52 44.98 76.63 70.13
Cash Conversion Cycle 138.62 123.48 186.47 197.31 199.56 308.72 332.97 409.60 456.57 409.86 387.89
Working Capital Days 166.92 184.88 172.71 142.90 145.91 197.73 239.36 343.73 320.86 301.15 272.95
ROCE % 18.03% 12.91% 18.14% 16.03% 9.57% 1.27% 8.37% 7.43% 9.86%

Shareholding Pattern

Numbers in percentages

Mar 2021Sep 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.61%
27.27% 27.28% 27.26% 27.27% 27.27% 27.27% 27.27% 27.28% 27.26% 27.27% 27.27% 23.66%
No. of Shareholders 8787861331502362582795351,0611,4621,580

* 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.

Documents