Updater Services Ltd
UDS offes integrated facilities management services and other services. Its service portfolio caters to the needs of diverse customer segments across a range of sectors including FMCG, manufacturing and engineering, banking, financial services, and insurance (BFSI), healthcare, information technology / information technology enabled services (IT / ITeS), automobiles, logistics and warehousing, airports, ports, infrastructure and retail, among others.[1]
- Market Cap ₹ 2,032 Cr.
- Current Price ₹ 303
- High / Low ₹ 385 / 235
- Stock P/E 52.7
- Book Value ₹ 113
- Dividend Yield 0.00 %
- ROCE 8.72 %
- ROE 7.12 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 2.69 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 8.45% over past five years.
- Tax rate seems low
- Company has a low return on equity of 10.0% over last 3 years.
- Earnings include an other income of Rs.24.3 Cr.
- Company's cost of borrowing seems high
- Working capital days have increased from 35.8 days to 67.3 days
* 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: Miscellaneous Industry: Miscellaneous
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| 818 | 945 | 1,094 | 1,005 | 1,071 | 1,309 | 1,417 | |
| 777 | 906 | 1,042 | 966 | 1,033 | 1,271 | 1,372 | |
| Operating Profit | 41 | 39 | 51 | 39 | 38 | 37 | 45 |
| OPM % | 5% | 4% | 5% | 4% | 4% | 3% | 3% |
| 3 | 2 | 1 | 5 | 9 | 28 | 24 | |
| Interest | 1 | 3 | 10 | 6 | 4 | 12 | 14 |
| Depreciation | 5 | 7 | 7 | 6 | 6 | 15 | 16 |
| Profit before tax | 37 | 31 | 36 | 32 | 37 | 38 | 40 |
| Tax % | 7% | 5% | 9% | 3% | -1% | 14% | 12% |
| 34 | 30 | 33 | 31 | 37 | 32 | 35 | |
| EPS in Rs | 5.27 | ||||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 12% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 8% |
| TTM: | 19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 10% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 53 | 53 | 53 | 53 | 53 | 53 | 67 |
| Reserves | 114 | 145 | 178 | 200 | 236 | 275 | 689 |
| 15 | 27 | 89 | 11 | 58 | 181 | 55 | |
| 138 | 160 | 214 | 224 | 264 | 405 | 413 | |
| Total Liabilities | 321 | 385 | 533 | 489 | 611 | 914 | 1,223 |
| 11 | 13 | 12 | 9 | 23 | 36 | 37 | |
| CWIP | 0 | 0 | 0 | 0 | 2 | 0 | 9 |
| Investments | 25 | 25 | 93 | 93 | 167 | 378 | 399 |
| 285 | 347 | 428 | 387 | 419 | 499 | 777 | |
| Total Assets | 321 | 385 | 533 | 489 | 611 | 914 | 1,223 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| -3 | -4 | 112 | 34 | 17 | 33 | ||
| -29 | -49 | -17 | -92 | -101 | -298 | ||
| 14 | 54 | -80 | 39 | 107 | 243 | ||
| Net Cash Flow | -19 | 0 | 14 | -19 | 22 | -22 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 70 | 72 | 82 | 75 | 81 | 80 | 80 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 70 | 72 | 82 | 75 | 81 | 80 | 80 |
| Working Capital Days | 53 | 56 | 57 | 25 | 26 | 14 | 67 |
| ROCE % | 17% | 17% | 13% | 15% | 12% | 9% |
Documents
Announcements
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015 28 Jun
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations - 2015 M/S. Matrix Business Services India Private Limited, Material Subsidiary Of Updater Services Limited 28 Jun
- Disclosure Under Regulation 30 Of SEBI (LODR) For CAA 9 - Scheme Of Amalgamation Of Wholly Owned Subsidiaries With The Company - Stanworth Management Private Limited And Tangy Supplies & Solutions Private Limited With Updater Services Limited 27 Jun
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
27 Jun - Disclosure under Regulation 37 (6) of SEBI (LODR), 2015 for Scheme of Amalgamation of Wholly owned Subsidiaries with the company - Stanworth Management Private Limited …
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015 27 Jun
Concalls
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
Overview[1]
The company is an Integrated Business Services Platform - Unique mix of businesses transforming from only IFM to integrated platform with BSS. The company transformed into an integrated business services platform offering IFM services and BSS led through
strategic acquisitions and Organic Growth with pan-India presence.