Uravi T and Wedge Lamps Ltd
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]
- 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Audio recording of earnings call for Q2 results.
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Announcement under Regulation 30 (LODR)-Change in Directorate
19 Nov - Appointment of Mr. Shlok Gada as Whole Time Director.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Uravi Defence and Technology Limited (formerly known as Uravi T and Wedge Lamps Limited) informs the stock exchange about the publication of newspaper advertisement of …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
14 Nov - Company hereby informs the stock exchange about the schedule of earnings conference call for Q2 results for year 2024-2025 on November 21, 2024 at 2.00 …
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Corrected Outcome Of Board Meeting Held On November 13, 2024.
14 Nov - Corrected financial results for Q2 FY2024.
Annual reports
Concalls
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Sep 2024TranscriptNotesPPT
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Jun 2024TranscriptPPT
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Feb 2024TranscriptPPT
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Nov 2023TranscriptPPT
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Oct 2023TranscriptNotesPPT
Name Change[1]
The company has proposed to change their name from Uravi T and Wedge Lamps Ltd. to Uravi Defence and Technology Ltd.