Uravi T and Wedge Lamps Ltd

Uravi T and Wedge Lamps Ltd

₹ 451 -1.98%
22 Nov - close price
About

Incorporated in 2004, Uravi T & Wedge Lamps Ltd manufactures automotive component for OEM and aftermarket sectors. Under the brand name "UVAL," the company offers a range of automotive lighting products, including
stoplights, taillights, indicators, and wedge base lamps. [1]

Key Points

Name Change[1]
The company has proposed to change their name from Uravi T and Wedge Lamps Ltd. to Uravi Defence and Technology Ltd.

  • Market Cap 496 Cr.
  • Current Price 451
  • High / Low 670 / 254
  • Stock P/E 295
  • Book Value 35.1
  • Dividend Yield 0.00 %
  • ROCE 10.2 %
  • ROE 8.83 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 12.8 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 3.53% over past five years.
  • Company has a low return on equity of 5.86% 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
8.85 9.24 8.46 7.36 8.76 10.62 11.53 11.08 11.09 11.12
7.64 7.44 7.13 6.90 7.30 8.88 9.97 9.41 9.49 9.62
Operating Profit 1.21 1.80 1.33 0.46 1.46 1.74 1.56 1.67 1.60 1.50
OPM % 13.67% 19.48% 15.72% 6.25% 16.67% 16.38% 13.53% 15.07% 14.43% 13.49%
0.06 0.18 0.29 0.19 0.18 0.19 0.06 0.26 0.20 0.07
Interest 0.30 0.70 0.58 0.47 0.54 0.56 0.60 0.57 0.56 0.57
Depreciation 0.53 0.56 0.55 0.55 0.57 0.58 0.60 0.62 0.60 0.55
Profit before tax 0.44 0.72 0.49 -0.37 0.53 0.79 0.42 0.74 0.64 0.45
Tax % -22.73% 50.00% 32.65% -2.70% -16.98% 27.85% 9.52% 25.68% 31.25% 33.33%
0.54 0.36 0.33 -0.36 0.62 0.58 0.38 0.55 0.45 0.30
EPS in Rs 0.49 0.33 0.30 -0.33 0.56 0.53 0.35 0.50 0.41 0.27
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
10.19 16.11 29.44 28.94 33.82 35.22 36.14 27.80 31.34 33.90 41.90 44.82
8.29 12.89 24.56 24.32 27.29 28.24 30.73 25.49 26.23 29.03 35.34 38.49
Operating Profit 1.90 3.22 4.88 4.62 6.53 6.98 5.41 2.31 5.11 4.87 6.56 6.33
OPM % 18.65% 19.99% 16.58% 15.96% 19.31% 19.82% 14.97% 8.31% 16.31% 14.37% 15.66% 14.12%
0.00 0.00 0.15 0.15 0.13 0.27 0.34 0.60 0.28 0.71 0.65 0.59
Interest 0.74 1.68 2.07 1.75 1.66 1.55 1.89 1.87 2.18 2.11 2.36 2.30
Depreciation 0.20 0.47 1.40 1.43 1.46 1.65 1.87 2.35 2.09 2.19 2.36 2.37
Profit before tax 0.96 1.07 1.56 1.59 3.54 4.05 1.99 -1.31 1.12 1.28 2.49 2.25
Tax % 27.08% 32.71% 39.74% 33.96% 22.03% 29.14% 18.59% -24.43% 33.93% 32.03% 14.46%
0.69 0.72 0.94 1.05 2.76 2.87 1.62 -0.99 0.73 0.87 2.13 1.68
EPS in Rs 6.90 0.72 0.94 1.05 2.51 2.61 1.47 -0.90 0.66 0.79 1.94 1.53
Dividend Payout % 0.00% 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: 4%
3 Years: 15%
TTM: 27%
Compounded Profit Growth
10 Years: %
5 Years: -6%
3 Years: 61%
TTM: 44%
Stock Price CAGR
10 Years: %
5 Years: 55%
3 Years: 93%
1 Year: 72%
Return on Equity
10 Years: %
5 Years: 4%
3 Years: 6%
Last Year: 9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.50 5.00 5.00 5.00 5.50 5.50 5.50 5.50 5.50 11.00 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 14.52 27.64
9.97 12.62 16.67 14.55 13.67 16.66 20.41 22.91 22.90 22.85 24.57 25.04
1.45 1.86 6.73 4.00 4.44 4.33 4.15 3.01 3.72 5.27 5.43 5.60
Total Liabilities 12.76 21.05 33.13 29.33 36.45 42.20 47.40 47.81 49.25 51.55 55.52 69.28
6.63 10.80 14.78 14.27 13.47 16.63 16.78 15.62 15.49 14.93 14.72 14.21
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.23 0.00 2.95 2.54 2.62
Investments 0.00 0.00 0.06 0.06 0.06 0.06 0.06 0.67 0.92 0.01 0.01 10.83
6.13 10.25 18.29 15.00 22.92 25.51 30.51 31.29 32.84 33.66 38.25 41.62
Total Assets 12.76 21.05 33.13 29.33 36.45 42.20 47.40 47.81 49.25 51.55 55.52 69.28

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3.07 2.21 -0.95 -1.12 0.97 3.08 4.73 0.63
-0.92 -0.67 -4.81 -2.07 -2.22 -1.23 -2.39 0.00
-2.12 3.93 2.71 3.48 0.52 -2.10 -2.36 -0.53
Net Cash Flow 0.03 5.47 -3.04 0.28 -0.73 -0.25 -0.02 0.10

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 138.62 123.48 115.92 102.79 101.13 108.51 131.70 160.97 142.79 119.84 118.82
Inventory Days 182.90 152.26 159.35 228.96 233.80 286.16 358.76 366.65 339.27
Days Payable 112.35 57.75 60.91 28.74 32.53 37.52 44.98 76.63 70.09
Cash Conversion Cycle 138.62 123.48 186.47 197.31 199.56 308.72 332.97 409.60 456.57 409.86 388.00
Working Capital Days 166.92 184.88 172.71 142.90 145.91 197.73 239.36 343.73 320.86 301.15 273.62
ROCE % 18.03% 12.91% 18.14% 16.03% 9.57% 1.27% 8.37% 7.41% 10.15%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73% 72.73%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.61% 3.61%
27.28% 27.26% 27.27% 27.27% 27.27% 27.27% 27.28% 27.26% 27.27% 27.27% 23.66% 23.66%
No. of Shareholders 87861331502362582795351,0611,4621,5801,660

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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