Uniparts India Ltd
Incorporatedin1994, Uniparts India provides engineering systems and solutions catering to international OEMs across the off-highway vehicle, agricultural machinery, and construction equipment sectors[1]
- Market Cap ₹ 1,859 Cr.
- Current Price ₹ 412
- High / Low ₹ 638 / 410
- Stock P/E 14.1
- Book Value ₹ 128
- Dividend Yield 3.40 %
- ROCE 29.0 %
- ROE 26.8 %
- Face Value ₹ 10.0
Pros
- Stock is providing a good dividend yield of 3.40%.
- Company has delivered good profit growth of 43.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.8%
- Company has been maintaining a healthy dividend payout of 40.4%
Cons
- The company has delivered a poor sales growth of 1.53% over past five years.
- Tax rate seems low
- Earnings include an other income of Rs.103 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: Engineering Industry: Engineering
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 | TTM | |
---|---|---|---|---|---|---|---|---|
534 | 653 | 538 | 591 | 883 | 929 | 705 | 638 | |
492 | 599 | 493 | 519 | 738 | 763 | 606 | 561 | |
Operating Profit | 41 | 54 | 44 | 72 | 145 | 166 | 99 | 76 |
OPM % | 8% | 8% | 8% | 12% | 16% | 18% | 14% | 12% |
2 | 6 | 7 | 14 | 32 | 48 | 92 | 103 | |
Interest | 6 | 12 | 11 | 5 | 3 | 3 | 2 | 4 |
Depreciation | 16 | 19 | 25 | 25 | 25 | 26 | 27 | 27 |
Profit before tax | 21 | 30 | 16 | 56 | 149 | 185 | 162 | 148 |
Tax % | 35% | 21% | -2% | 23% | 19% | 19% | 13% | |
14 | 23 | 16 | 43 | 121 | 150 | 141 | 132 | |
EPS in Rs | 3.05 | 5.19 | 3.49 | 9.62 | 26.87 | 33.13 | 31.33 | 29.28 |
Dividend Payout % | 0% | 0% | 0% | 34% | 34% | 43% | 45% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 6% |
TTM: | -22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 43% |
3 Years: | 48% |
TTM: | -9% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -24% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 31% |
Last Year: | 27% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 |
Reserves | 202 | 221 | 228 | 277 | 358 | 454 | 511 | 533 |
156 | 222 | 173 | 115 | 97 | 14 | 61 | 68 | |
108 | 93 | 87 | 117 | 119 | 102 | 103 | 103 | |
Total Liabilities | 511 | 581 | 533 | 553 | 620 | 615 | 720 | 749 |
161 | 212 | 215 | 208 | 207 | 201 | 187 | 184 | |
CWIP | 30 | 7 | 8 | 1 | 1 | 3 | 4 | 1 |
Investments | 50 | 50 | 51 | 51 | 54 | 67 | 201 | 269 |
269 | 312 | 259 | 294 | 359 | 343 | 327 | 294 | |
Total Assets | 511 | 581 | 533 | 553 | 620 | 615 | 720 | 749 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
12 | 6 | 93 | 72 | 56 | 153 | 168 | |
-37 | -48 | -24 | 0 | 3 | 20 | -144 | |
22 | 50 | -74 | -72 | -60 | -150 | -44 | |
Net Cash Flow | -3 | 8 | -6 | 1 | -1 | 23 | -20 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 65 | 57 | 57 | 72 | 66 | 51 | 58 |
Inventory Days | 192 | 185 | 200 | 191 | 151 | 142 | 183 |
Days Payable | 98 | 60 | 56 | 100 | 67 | 51 | 79 |
Cash Conversion Cycle | 159 | 182 | 201 | 162 | 150 | 141 | 162 |
Working Capital Days | 113 | 120 | 119 | 113 | 100 | 86 | 115 |
ROCE % | 9% | 6% | 14% | 33% | 37% | 29% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 15 Nov
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Grant Of Options Under ''Uniparts India Limited - Employee Stock Option Scheme 2023''
13 Nov - Grant of 69,341 stock options to employees.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Nov
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
8 Nov - Audio recording of earnings call for Q2 results.
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Announcement under Regulation 30 (LODR)-Investor Presentation
7 Nov - Earnings Call Presentation for the quarter and half year ended September 30, 2024
Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT REC
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Jun 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
** Business Overview:[1]
a) UPIL is a global manufacturer of engineering systems and solutions, servicing global OEMs in the off-highway vehicle, agricultural machinery and construction equipment sectors.
b) It primarily manufactures three-point linkage assemblies for the agricultural machinery sector and precision machined parts for the agriculture and construction sectors.
c)** It also manufactures other products such as hydraulic cylinders (for agriculture and construction sectors), power take-off devices(for the agriculture sector) and fabrication parts(for agriculture and construction sectors).