Uravi T and Wedge Lamps Ltd

Uravi T and Wedge Lamps Ltd

₹ 397 0.77%
19 Apr - 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 436 Cr.
  • Current Price 397
  • High / Low 425 / 93.0
  • Stock P/E 358
  • Book Value 22.4
  • Dividend Yield 0.00 %
  • ROCE 7.43 %
  • ROE 3.82 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 17.8 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 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
8.85 9.24 8.46 7.36 8.76 10.62 11.53
7.64 7.44 7.13 6.90 7.30 8.88 9.97
Operating Profit 1.21 1.80 1.33 0.46 1.46 1.74 1.56
OPM % 13.67% 19.48% 15.72% 6.25% 16.67% 16.38% 13.53%
0.06 0.18 0.29 0.19 0.18 0.19 0.06
Interest 0.30 0.70 0.58 0.47 0.54 0.56 0.60
Depreciation 0.53 0.56 0.55 0.55 0.57 0.58 0.60
Profit before tax 0.44 0.72 0.49 -0.37 0.53 0.79 0.42
Tax % -22.73% 50.00% 32.65% 2.70% -16.98% 27.85% 9.52%
0.54 0.36 0.33 -0.36 0.62 0.58 0.38
EPS in Rs 0.49 0.33 0.30 -0.33 0.56 0.53 0.35
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 TTM
10.19 16.11 29.44 28.94 33.82 35.22 36.14 27.80 31.34 33.90 38.27
8.29 12.89 24.56 24.32 27.29 28.24 30.73 25.49 26.23 29.02 33.05
Operating Profit 1.90 3.22 4.88 4.62 6.53 6.98 5.41 2.31 5.11 4.88 5.22
OPM % 18.65% 19.99% 16.58% 15.96% 19.31% 19.82% 14.97% 8.31% 16.31% 14.40% 13.64%
0.00 0.00 0.15 0.15 0.13 0.27 0.34 0.60 0.28 0.71 0.62
Interest 0.74 1.68 2.07 1.75 1.66 1.55 1.89 1.87 2.18 2.12 2.17
Depreciation 0.20 0.47 1.40 1.43 1.46 1.65 1.87 2.35 2.09 2.19 2.30
Profit before tax 0.96 1.07 1.56 1.59 3.54 4.05 1.99 -1.31 1.12 1.28 1.37
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 1.22
EPS in Rs 6.90 0.72 0.94 1.05 2.51 2.61 1.47 -0.90 0.66 0.79 1.11
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: 47%
3 Years: 76%
1 Year: 288%
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 Sep 2023
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 13.59
9.97 12.62 16.67 14.55 13.67 16.66 20.41 22.91 22.90 22.85 26.48
1.45 1.86 6.73 4.00 4.44 4.33 4.15 3.01 3.72 5.28 5.92
Total Liabilities 12.76 21.05 33.13 29.33 36.45 42.20 47.40 47.81 49.25 51.56 56.99
6.63 10.80 14.78 14.27 13.47 16.63 16.78 15.62 15.49 14.93 15.26
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.23 0.00 2.95 2.48
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 39.24
Total Assets 12.76 21.05 33.13 29.33 36.45 42.20 47.40 47.81 49.25 51.56 56.99

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

3 Recently
Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 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% 27.28% 27.26% 27.27% 27.27% 27.27% 27.27% 27.28% 27.26% 27.27%
No. of Shareholders 94898787861331502362582795351,061

Documents