Uravi T and Wedge Lamps Ltd

Uravi T & Wedge Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Uravi T and Wedge Lamps Ltd

₹ 245 0.78%
29 Sep 1:12 p.m.
Company website BSE: 543930 NSE : URAVI
About

Uravi T & Wedge Lamps The Company is engaged in manufacturing and distributing Stop and Tail Lamps /Signal Lamps /Indicator Lamps and Wedge Lamps for Two-wheelers, Four-

Key Points

About[1]
Uravi T and Wedge Lamps Limited is ISO/TS certified and holds certifications from the
Automotive Research Association of India and E-mark for their products. The company 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. As of FY23, UVAL is one of the largest manufacturers of automotive lamps for instrument clusters in India and also in terms of automotive signaling and parking lamps in the OEM market. UVAL has increased their product portfolio and their capacity to cater to the Indian OEM market.

Website BSE NSE
  • Market Cap ₹ 269 Cr.
  • Current Price ₹ 245
  • High / Low ₹ 295 / 93.0
  • Stock P/E 306
  • Book Value ₹ 21.3
  • Dividend Yield 0.00 %
  • ROCE 7.43 %
  • ROE 3.82 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 11.5 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.05% over past five years.
  • Company has a low return on equity of 1.39% over last 3 years.
  • Promoters have pledged 34.3% 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

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Quarterly Results

Figures in Rs. Crores

Jun 2022 Sep 2022 Mar 2023 Jun 2023
8.85 18.09 7.36 8.76
7.64 15.06 6.90 7.30
Operating Profit 1.21 3.03 0.46 1.46
OPM % 13.67% 16.75% 6.25% 16.67%
0.06 0.23 0.19 0.18
Interest 0.30 1.01 0.47 0.54
Depreciation 0.53 1.09 0.55 0.57
Profit before tax 0.44 1.16 -0.37 0.53
Tax % -22.73% 21.55% 2.70% -16.98%
0.54 0.90 -0.36 0.62
EPS in Rs 0.49 0.82 -0.33 0.56
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
10.19 16.11 29.44 28.94 33.82 35.22 36.14 27.80 31.34 33.90
8.29 12.89 24.56 24.32 27.29 28.24 30.73 25.49 26.23 29.02
Operating Profit 1.90 3.22 4.88 4.62 6.53 6.98 5.41 2.31 5.11 4.88
OPM % 18.65% 19.99% 16.58% 15.96% 19.31% 19.82% 14.97% 8.31% 16.31% 14.40%
0.00 0.00 0.15 0.15 0.13 0.27 0.34 0.60 0.28 0.71
Interest 0.74 1.68 2.07 1.75 1.66 1.55 1.89 1.87 2.18 2.12
Depreciation 0.20 0.47 1.40 1.43 1.46 1.65 1.87 2.35 2.09 2.19
Profit before tax 0.96 1.07 1.56 1.59 3.54 4.05 1.99 -1.31 1.12 1.28
Tax % 27.08% 32.71% 39.74% 33.96% 22.03% 29.14% 18.59% 24.43% 33.93% 32.03%
0.69 0.72 0.94 1.05 2.76 2.87 1.62 -0.99 0.73 0.87
EPS in Rs 6.90 0.72 0.94 1.05 2.51 2.61 1.47 -0.90 0.66 0.79
Dividend Payout % 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: 0%
3 Years: -2%
TTM: 8%
Compounded Profit Growth
10 Years: %
5 Years: -20%
3 Years: -18%
TTM: -16%
Stock Price CAGR
10 Years: %
5 Years: 37%
3 Years: 70%
1 Year: 100%
Return on Equity
10 Years: %
5 Years: 5%
3 Years: 1%
Last Year: 4%

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
0.50 5.00 5.00 5.00 5.50 5.50 5.50 5.50 5.50 11.00
Reserves 0.84 1.57 4.73 5.78 12.84 15.71 17.34 16.39 17.13 12.43
9.97 12.62 16.67 14.55 13.67 16.66 20.41 22.91 22.90 22.85
1.45 1.86 6.73 4.00 4.44 4.33 4.15 3.01 3.72 5.28
Total Liabilities 12.76 21.05 33.13 29.33 36.45 42.20 47.40 47.81 49.25 51.56
6.63 10.80 14.78 14.27 13.47 16.63 16.78 15.62 15.49 14.93
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.23 0.00 2.95
Investments 0.00 0.00 0.06 0.06 0.06 0.06 0.06 0.67 0.92 0.01
6.13 10.25 18.29 15.00 22.92 25.51 30.51 31.29 32.84 33.67
Total Assets 12.76 21.05 33.13 29.33 36.45 42.20 47.40 47.81 49.25 51.56

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
3.07 2.21 -0.95 -1.12 0.97 3.08 4.73
-0.92 -0.67 -4.81 -2.07 -2.22 -1.23 -2.39
-2.12 3.93 2.71 3.48 0.52 -2.10 -2.36
Net Cash Flow 0.03 5.47 -3.04 0.28 -0.73 -0.25 -0.02

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
Debtor Days 138.62 123.48 115.92 102.79 101.13 108.51 131.70 160.97 142.79 119.84
Inventory Days 182.90 152.26 159.35 228.96 233.80 286.16 358.76 366.65
Days Payable 112.35 57.75 60.91 28.74 32.53 37.52 44.98 76.63
Cash Conversion Cycle 138.62 123.48 186.47 197.31 199.56 308.72 332.97 409.60 456.57 409.86
Working Capital Days 166.92 184.88 172.71 142.90 145.91 197.73 239.36 343.73 320.86 301.15
ROCE % 18.03% 12.91% 18.14% 16.03% 9.57% 1.27% 8.37% 7.43%

Shareholding Pattern

Numbers in percentages

Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73%
27.27% 27.27% 27.27% 27.27% 27.27% 27.28% 27.26% 27.27% 27.27% 27.27% 27.27% 27.28%
No. of Shareholders 204879489878786133150236258279

Documents

Announcements

Annual reports

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