United Credit Ltd
Incorporated in 1991, United Credit Ltd is in the business of financing and renting activities[1]
- Market Cap ₹ 16.6 Cr.
- Current Price ₹ 31.1
- High / Low ₹ 39.2 / 11.8
- Stock P/E 10.1
- Book Value ₹ 54.4
- Dividend Yield 0.00 %
- ROCE 7.36 %
- ROE 5.82 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.57 times its book value
- Debtor days have improved from 45.0 to 34.4 days.
- Company's working capital requirements have reduced from 855 days to 125 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 5.19% over past five years.
- Company has a low return on equity of 3.82% over last 3 years.
- Earnings include an other income of Rs.0.71 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.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.24 | 1.89 | 1.95 | 1.77 | 2.09 | 2.47 | 2.64 | 2.89 | 2.71 | 2.76 | 2.92 | 3.40 | |
7.05 | 1.06 | 1.10 | 2.20 | 1.36 | 1.38 | 4.28 | 1.74 | 1.56 | 1.56 | 1.99 | 1.96 | |
Operating Profit | -4.81 | 0.83 | 0.85 | -0.43 | 0.73 | 1.09 | -1.64 | 1.15 | 1.15 | 1.20 | 0.93 | 1.44 |
OPM % | -214.73% | 43.92% | 43.59% | -24.29% | 34.93% | 44.13% | -62.12% | 39.79% | 42.44% | 43.48% | 31.85% | 42.35% |
0.04 | 0.07 | 0.03 | 0.81 | 0.03 | 0.06 | 5.28 | 0.07 | 0.07 | 0.10 | 0.00 | 0.71 | |
Interest | 0.01 | 0.02 | 0.00 | 0.02 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
Depreciation | 0.04 | 0.04 | 0.06 | 0.09 | 0.08 | 0.06 | 0.04 | 0.03 | 0.03 | 0.02 | 0.06 | 0.07 |
Profit before tax | -4.82 | 0.84 | 0.82 | 0.27 | 0.66 | 1.07 | 3.60 | 1.19 | 1.19 | 1.28 | 0.86 | 2.07 |
Tax % | -34.23% | 32.14% | 36.59% | 77.78% | -18.18% | 38.32% | 41.67% | 23.53% | 26.89% | 40.62% | 17.44% | 21.26% |
-3.17 | 0.58 | 0.52 | 0.06 | 0.78 | 0.66 | 2.09 | 0.90 | 0.87 | 0.75 | 0.72 | 1.64 | |
EPS in Rs | -5.95 | 1.09 | 0.98 | 0.11 | 1.46 | 1.24 | 3.92 | 1.69 | 1.63 | 1.41 | 1.35 | 3.08 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 18.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | 8% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | -5% |
3 Years: | 24% |
TTM: | 128% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | 15% |
3 Years: | 25% |
1 Year: | 119% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | 4% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 | 5.49 |
Reserves | 15.12 | 14.95 | 15.46 | 15.52 | 16.30 | 16.96 | 19.04 | 19.49 | 20.37 | 21.14 | 21.85 | 23.49 |
1.08 | 0.00 | 0.13 | 0.17 | 0.10 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.08 | |
0.96 | 1.88 | 1.83 | 1.78 | 2.16 | 2.05 | 1.79 | 1.85 | 0.97 | 0.93 | 1.23 | 0.81 | |
Total Liabilities | 22.65 | 22.32 | 22.91 | 22.96 | 24.05 | 24.52 | 26.32 | 26.83 | 26.83 | 27.56 | 28.70 | 29.87 |
0.15 | 0.13 | 0.21 | 0.24 | 0.18 | 0.14 | 0.10 | 0.09 | 0.06 | 0.05 | 0.22 | 0.18 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.28 | 0.24 | 0.23 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.45 | 0.32 | 0.43 |
22.22 | 21.95 | 22.47 | 22.72 | 23.87 | 24.38 | 26.22 | 26.74 | 26.77 | 27.06 | 28.16 | 29.26 | |
Total Assets | 22.65 | 22.32 | 22.91 | 22.96 | 24.05 | 24.52 | 26.32 | 26.83 | 26.83 | 27.56 | 28.70 | 29.87 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.19 | 0.94 | 0.04 | 0.07 | 0.31 | -0.14 | -2.48 | 0.30 | 0.94 | 0.41 | 0.31 | 0.53 | |
-0.01 | -0.01 | -0.15 | -0.04 | -0.01 | 0.03 | 2.61 | -0.02 | 0.00 | -0.44 | -0.13 | 0.00 | |
-0.17 | -0.93 | 0.11 | 0.04 | -0.08 | -0.08 | -0.02 | -0.45 | -0.87 | 0.00 | 0.13 | -0.05 | |
Net Cash Flow | 0.01 | 0.00 | 0.00 | 0.08 | 0.22 | -0.19 | 0.12 | -0.16 | 0.06 | -0.03 | 0.30 | 0.47 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 1.63 | 0.00 | 0.00 | 2.06 | 3.49 | 7.39 | 17.97 | 37.89 | 45.79 | 59.51 | 41.25 | 34.35 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 1.63 | 0.00 | 0.00 | 2.06 | 3.49 | 7.39 | 17.97 | 37.89 | 45.79 | 59.51 | 41.25 | 34.35 |
Working Capital Days | 1,303.57 | 1,332.54 | 1,428.18 | 1,649.72 | 1,505.41 | 1,467.39 | 1,306.53 | 1,168.25 | 1,332.05 | 1,281.47 | 1,158.75 | 124.53 |
ROCE % | -20.66% | 4.08% | 3.90% | 1.37% | 3.16% | 4.91% | 15.28% | 4.81% | 4.68% | 4.88% | 3.22% | 7.36% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Jul - 74(5) of DP Regulations, 2018, please find enclosed certificate received from our Registrar and Share Transfer Agent namely C B Management Services (P) Limited for …
- Closure of Trading Window 27 Jun
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Clarification On Price Movement
13 Jun - Letter no UCL/42/2024-25 dated 12th June, 2024 on the above subject in reply to your letter no. L/SUR/ONL/PV/KS/2024-2025/4301 dated 12th June, 2024 on the above …
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Clarification sought from United Credit Ltd
13 Jun - Exchange has sought clarification from United Credit Ltd on June 12, 2024 with reference to significant movement in price, in order to ensure that investors …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1][2]
Company is registered as a Non Systematically Important Non Deposit Taking Non Banking Financial Company and earns its revenue from interest on loan and rent. At present, company is facing difficulty in carrying on its traditional business, mainly in recovering the fund disbursed, combating competition from other big players in the market, etc. Therefore it has started exploring opportunities in segments like real estates, loan syndication and entertainment in a limited manner. Management expects that expansion of range of activities will help Company in increasing its profits in coming years