Ultra Wiring Connectivity Systems Ltd
Incorporated in 2005, Ultra Wiring Connectivity System Ltd manufactures and sells wipers, connectors, cable tie clips, and allied components[1]
- Market Cap ₹ 95.9 Cr.
- Current Price ₹ 184
- High / Low ₹ 200 / 83.1
- Stock P/E 22.8
- Book Value ₹ 44.2
- Dividend Yield 0.00 %
- ROCE 14.5 %
- ROE 10.7 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 76.8 days to 46.2 days
Cons
- Stock is trading at 4.17 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.6% over last 3 years.
* 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
8.84 | 9.07 | 14.96 | 17.72 | 19.88 | 18.46 | 20.98 | 29.46 | 44.33 | 41.91 | 51.45 | |
8.40 | 8.57 | 13.60 | 15.60 | 17.93 | 16.71 | 18.97 | 26.72 | 39.99 | 37.55 | 44.00 | |
Operating Profit | 0.44 | 0.50 | 1.36 | 2.12 | 1.95 | 1.75 | 2.01 | 2.74 | 4.34 | 4.36 | 7.45 |
OPM % | 4.98% | 5.51% | 9.09% | 11.96% | 9.81% | 9.48% | 9.58% | 9.30% | 9.79% | 10.40% | 14.48% |
0.00 | 0.00 | 0.22 | 0.15 | 0.18 | 0.18 | 0.33 | 0.20 | 0.10 | 0.04 | 0.05 | |
Interest | 0.00 | 0.00 | 0.11 | 0.25 | 0.27 | 0.32 | 0.36 | 0.32 | 0.50 | 0.50 | 0.50 |
Depreciation | 0.08 | 0.10 | 0.37 | 0.38 | 0.38 | 0.41 | 0.59 | 0.66 | 0.92 | 1.10 | 1.05 |
Profit before tax | 0.36 | 0.40 | 1.10 | 1.64 | 1.48 | 1.20 | 1.39 | 1.96 | 3.02 | 2.81 | 5.95 |
Tax % | 36.11% | 62.50% | 30.91% | 27.44% | 31.76% | 26.67% | 34.53% | 23.47% | 26.49% | 30.60% | |
0.24 | 0.16 | 0.75 | 1.18 | 1.01 | 0.89 | 0.91 | 1.50 | 2.23 | 1.95 | 4.20 | |
EPS in Rs | 8.15 | 5.43 | 21.55 | 3.08 | 1.94 | 1.71 | 1.75 | 2.88 | 4.29 | 3.75 | 8.07 |
Dividend Payout % | 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: | 16% |
3 Years: | 26% |
TTM: | 24% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 29% |
TTM: | 108% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 53% |
3 Years: | 82% |
1 Year: | 54% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 12% |
Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.25 | 0.29 | 0.35 | 3.83 | 5.20 | 5.20 | 5.20 | 5.20 | 5.20 | 5.20 | 5.20 |
Reserves | 1.56 | 2.01 | 4.45 | 2.15 | 6.60 | 7.44 | 8.34 | 9.85 | 12.07 | 14.02 | 17.79 |
0.92 | 1.13 | 3.67 | 3.39 | 5.04 | 4.98 | 4.39 | 3.83 | 5.12 | 5.78 | 6.16 | |
4.73 | 4.75 | 6.78 | 9.07 | 6.64 | 7.54 | 10.61 | 11.35 | 13.53 | 16.71 | 18.61 | |
Total Liabilities | 7.46 | 8.18 | 15.25 | 18.44 | 23.48 | 25.16 | 28.54 | 30.23 | 35.92 | 41.71 | 47.76 |
2.04 | 2.44 | 5.42 | 5.57 | 5.65 | 8.39 | 10.47 | 10.53 | 12.75 | 18.15 | 21.14 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.54 | 3.16 | 1.65 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
5.42 | 5.74 | 9.83 | 12.33 | 14.67 | 15.12 | 18.07 | 19.70 | 23.17 | 23.56 | 26.62 | |
Total Assets | 7.46 | 8.18 | 15.25 | 18.44 | 23.48 | 25.16 | 28.54 | 30.23 | 35.92 | 41.71 | 47.76 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | -0.32 | 1.65 | 1.65 | 0.93 | 2.19 | 1.07 | 2.13 | 7.20 | |
0.00 | 0.00 | -0.57 | -0.92 | -0.92 | -1.46 | -0.74 | -0.52 | -3.07 | -6.46 | |
0.00 | 0.00 | 0.46 | -0.49 | -0.49 | -0.65 | -0.93 | -0.85 | 0.80 | 0.17 | |
Net Cash Flow | 0.00 | 0.00 | -0.43 | 0.23 | 0.23 | -1.18 | 0.52 | -0.30 | -0.14 | 0.92 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 190.35 | 185.92 | 211.78 | 214.22 | 192.60 | 239.05 | 230.34 | 176.92 | 149.19 | 141.61 |
Inventory Days | 6.10 | 7.08 | 33.51 | 44.69 | 47.13 | 46.69 | 24.22 | 36.77 | ||
Days Payable | 211.75 | 256.81 | 159.95 | 199.56 | 247.45 | 180.76 | 144.06 | 199.67 | ||
Cash Conversion Cycle | 190.35 | 185.92 | 6.13 | -35.52 | 66.16 | 84.18 | 30.02 | 42.86 | 29.36 | -21.28 |
Working Capital Days | 25.19 | 45.88 | 79.05 | 67.36 | 119.71 | 141.57 | 123.17 | 103.08 | 81.18 | 46.16 |
ROCE % | 12.99% | 21.08% | 13.35% | 8.82% | 9.85% | 12.39% | 16.91% | 14.52% |
Documents
Announcements
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Related Party Transactions
14 November 2024 - Ultra Wiring Connectivity System Limited has informed about related Party TransactionsDear Sir/ Madam,With reference to the captioned subject, the disclosures of related party transactions under …
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Outcome of Board Meeting
14 November 2024 - Ultra Wiring Connectivity System Limited has informed regarding Outcome of Board Meeting held on November 14, 2024.
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Financial Result Updates
14 November 2024 - Ultra Wiring Connectivity System Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Outcome of Board Meeting
14 November 2024 - The meeting of Board of the Company was held today i.e Thursday, the 14th day of November, 2024 at 11.30 AM at the registered office …
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Board Meeting Intimation
6 November 2024 - ULTRA WIRING CONNECTIVITY SYSTEM LIMITED has informed about Board Meeting to be held on 14-Nov-2024 to consider and approve the Half Yearly Unaudited Financial results …
Product Profile:
a) Series of Connectors[1]
b) Bulb Holders[2]
c) Covers and Brackets[3]
d) Special Cable tie and clips[4]
e) Bobbin Spool[5]
f) Assorted Connectors[6]
g) Windshield Wiper Blades[7]
h) Automotive Fuses[8]