Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 600 | 636 | 632 | 652 | 680 | 695 | 709 | 700 | 729 | 767 | 743 | 764 |
| Expenses | 574 | 601 | 592 | 611 | 636 | 649 | 673 | 661 | 698 | 746 | 700 | 722 |
| Operating Profit | 26 | 35 | 40 | 41 | 44 | 46 | 36 | 39 | 32 | 21 | 43 | 42 |
| OPM % | 4.4% | 5% | 6% | 6% | 6% | 7% | 5% | 6% | 4.3% | 2.7% | 6% | 6% |
| Other Income | 6 | 9 | 6 | 6 | 7 | 6 | 17 | 5 | 6 | -2 | 7 | 4 |
| Interest | 6 | 4 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 1 | 2 | 1 |
| Depreciation | 14 | 15 | 12 | 11 | 12 | 12 | 11 | 11 | 12 | 12 | 12 | 12 |
| Profit before tax | 12 | 25 | 30 | 33 | 35 | 38 | 39 | 31 | 24 | 5 | 36 | 33 |
| Tax % | 25% | 18% | 21% | 21% | 21% | 18% | 12% | 7% | 16% | -26% | 24% | 9% |
| Net Profit | 9 | 21 | 24 | 26 | 28 | 31 | 34 | 29 | 20 | 7 | 27 | 30 |
| EPS in Rs | 1.49 | 3.12 | 3.86 | 3.79 | 4.20 | 4.61 | 5.14 | 4.27 | 2.97 | 1.37 | 4.19 | 4.44 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,324 | 1,210 | 1,483 | 2,099 | 2,444 | 2,736 | 2,940 | 3,004 |
| Expenses | 1,252 | 1,138 | 1,404 | 2,006 | 2,310 | 2,569 | 2,804 | 2,866 |
| Operating Profit | 72 | 73 | 79 | 93 | 134 | 167 | 135 | 137 |
| OPM % | 5% | 6% | 5% | 4.4% | 6% | 6% | 4.6% | 4.6% |
| Other Income | 2 | -0 | 13 | 13 | 23 | 35 | 14 | 15 |
| Interest | 11 | 3 | 5 | 15 | 19 | 10 | 7 | 6 |
| Depreciation | 16 | 15 | 17 | 37 | 54 | 47 | 47 | 48 |
| Profit before tax | 47 | 54 | 71 | 54 | 85 | 145 | 96 | 98 |
| Tax % | 13% | 13% | 19% | 36% | 22% | 18% | 14% | |
| Net Profit | 41 | 48 | 57 | 35 | 66 | 119 | 83 | 84 |
| EPS in Rs | 10.15 | 17.74 | 12.80 | 12.97 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 19% | 12% | 8% | ||
| Compounded Profit Growth | % | 13% | 35% | -25% | ||
| Stock Price CAGR | % | % | % | -16% | ||
| Return on Equity | % | 11% | 11% | 9% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 53 | 53 | 53 | 53 | 67 | 67 | 67 |
| Reserves | 196 | 232 | 288 | 328 | 773 | 891 | 985 |
| Borrowings | 90 | 16 | 71 | 220 | 105 | 102 | 45 |
| Other Liabilities | 272 | 276 | 452 | 600 | 578 | 517 | 535 |
| Total Liabilities | 611 | 577 | 864 | 1,201 | 1,523 | 1,578 | 1,632 |
| Fixed Assets | 85 | 75 | 204 | 359 | 357 | 357 | 342 |
| CWIP | 0 | 0 | 4 | 0 | 11 | 1 | 0 |
| Investments | 2 | 4 | 0 | 4 | 6 | 43 | 78 |
| Other Assets | 524 | 498 | 655 | 838 | 1,149 | 1,176 | 1,211 |
| Total Assets | 611 | 577 | 864 | 1,201 | 1,523 | 1,578 | 1,632 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 5 | 128 | 31 | 115 | 103 | 51 | 144 |
| Cash from Investing Activity | -55 | -17 | -47 | -153 | -356 | 19 | 22 |
| Cash from Financing Activity | 56 | -85 | 29 | 96 | 223 | -35 | -76 |
| Net Cash Flow | 7 | 27 | 13 | 57 | -31 | 35 | 90 |
| Free Cash Flow | -8 | 125 | 18 | 64 | 66 | 38 | 125 |
| CFO/OP | 41% | 194% | 66% | 145% | 107% | 59% | 120% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 81 | 81 | 86 | 74 | 75 | 81 | 75 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 81 | 81 | 86 | 74 | 75 | 81 | 75 |
| Working Capital Days | 26 | 25 | 13 | -12 | 40 | 34 | 34 |
| ROCE % | 20% | 21% | 13% | 13% | 15% | 10% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 58.47% | 58.73% | 58.64% | 58.88% | 58.88% | 58.88% | 58.88% | 58.88% | 58.91% | 59.09% | 59.09% | 59.09% |
| FIIs | 12.16% | 7.26% | 5.05% | 3.86% | 3.54% | 3.12% | 2.74% | 3.69% | 3.56% | 3.34% | 4.03% | 3.50% |
| DIIs | 12.38% | 15.26% | 14.00% | 13.49% | 15.26% | 15.03% | 15.35% | 12.78% | 13.13% | 13.04% | 12.96% | 9.41% |
| Public | 16.99% | 18.75% | 22.31% | 23.75% | 22.31% | 22.96% | 23.05% | 24.65% | 24.38% | 24.54% | 23.92% | 27.99% |
| No. of Shareholders | 44,520 | 19,430 | 23,865 | 27,258 | 35,089 | 43,911 | 45,079 | 48,144 | 52,923 | 51,721 | 49,007 | 47,531 |
Fundamentals
Market Cap₹ 1,390 Cr.
Current Price₹ 208
Stock P/E15.2
Book Value₹ 157
ROCE9.92 %
ROE8.83 %
Dividend Yield0.48 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)8%
Compounded Profit Growth (TTM)-25%
Consolidated figures.
Valuation
Market capRs 1,104 Cr
Enterprise valueRs 1,159 Cr
P/E (TTM)12.72x
Price to book2.90x
Price to sales0.37x
EV / EBITDA7.63x
EV / EBIT11.12x
EV / sales0.39x
Price to cash flow9.62x
Earnings yield7.86%
Profitability
Operating margin (excl. other income)4.44%
Operating margin (incl. other income)5.04%
EBITDA margin5.06%
Pre-tax margin3.27%
Net profit margin2.89%
Net margin, latest quarter3.89%
ROE9.92%
ROCE13.58%
ROA3.47%
ROE, 3-year average14.82%
ROCE, 3-year average17.61%
ROA, 3-year average6.24%
ROIC (approx.)15.27%
Tax rate36.13%
Other income / net worth3.32%
Growth
Sales growth (latest year)41.53%
Profit growth (latest year)-35.27%
Sales CAGR, 3 years16.60%
Profit CAGR, 3 years-4.61%
Sales growth QoQ2.89%
Profit growth QoQ5.99%
Sales growth YoY (latest quarter)9.15%
Profit growth YoY (latest quarter)3.95%
Per share
EPS (TTM)Rs 16.39
EPS (latest year)Rs 6.76
EPS (latest quarter)Rs 5.61
EPS, 3-year averageRs 8.58
Book value per shareRs 71.93
Sales per shareRs 567.22
Cash flow per shareRs 21.68
Free cash flow per shareRs 23.61
Efficiency
Asset turnover1.75x
Fixed asset turnover5.84x
Inventory turnover57.77x
Inventory days6 days
Debtor days74 days
Debtors turnover4.91x
Cash conversion cycle75 days
Working capital days34 days
Leverage
Total debtRs 220 Cr
Cash and bankRs 165 Cr
Net debtRs 55 Cr
Debt to equity0.58x
Net debt / EBITDA0.36x
Interest coverage17.36x
Current ratio (filing 2026-03-31)2.32x
Quick ratio (filing 2026-03-31)2.30x
Trade payables (filing 2026-03-31)Rs 66 Cr
Owners' fund to total sources31.71%
Debt to assets18.30%
Cash flow
Cash from Operating Activity (latest year)Rs 115 Cr
Cash from Investing Activity (latest year)Rs -153 Cr
Cash from Financing Activity (latest year)Rs 96 Cr
Net Cash Flow (latest year)Rs 57 Cr
Free cash flow (latest year)Rs 125 Cr
FCFE (approx.: FCF + change in debt)Rs 274 Cr
Cash from ops / profit, 5 years1.23x
Sales to cash flow18.29x
Statement figures
Net sales (TTM)Rs 3,004 Cr
Net sales (latest year)Rs 2,099 Cr
Sales (latest quarter)Rs 764 Cr
Operating profit excl. other income (latest year)Rs 93 Cr
Operating profit (latest quarter)Rs 42 Cr
Other income (TTM)Rs 15 Cr
EBITDA (TTM)Rs 152 Cr
PBDT (TTM)Rs 146 Cr
Profit before tax (TTM)Rs 98 Cr
Tax (latest year)Rs 20 Cr
Net profit (TTM)Rs 87 Cr
Net profit (latest year)Rs 36 Cr
Net profit (latest quarter)Rs 30 Cr
Depreciation (TTM)Rs 48 Cr
Depreciation (latest quarter)Rs 12 Cr
Interest (TTM)Rs 6 Cr
Cost of goods sold (latest year)Rs 404 Cr
Total expenditure (latest year)Rs 2,006 Cr
Total income (latest year)Rs 2,112 Cr
Share capitalRs 53 Cr
ReservesRs 328 Cr
Shareholders' fundsRs 381 Cr
Total assetsRs 1,201 Cr
Net blockRs 359 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 4 Cr
ReceivablesRs 428 Cr
InventoryRs 7 Cr
Other liabilitiesRs 600 Cr
Shares outstanding (crore)5.30
Ownership
Promoter holding59.09% (+0.21 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 12.7 is at the 32th percentile of its own 3.1-year range
(median 13.7, low 7.1, high 49.9).
P/B 2.90 is at the 19th percentile (median 5.24).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | UDS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +3.3% | -2.8% | +6.1 pts |
| 1 month | -8.2% | -6.8% | -1.4 pts |
| 3 months | +7.3% | -7.6% | +14.9 pts |
| 6 months | +63.6% | +0.4% | +63.2 pts |
| 1 year | -14.8% | -9.9% | -4.9 pts |
| 2 years | -44.5% | -13.6% | -30.9 pts |
3 mutual fund schemes hold about ₹129 Cr.
Over three months 1 bought more and 1 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Bandhan Small Cap Fund | 0.27% | 93 | -7% |
| ICICI Pru ELSS-Tax Saver Fund | 0.21% | 30 | +9% |
| ICICI Pru Technology Fund | 0.05% | 6 | +2% |
Red flags
F-score 5 of 8| explain | Debt up, profit down Borrowings up 208% while net profit fell in 2026 |
| look | Regulator order or action Regulator order or action 2026-02-13: Updater Services Limited has informed the Exchange about Action(s) taken or orders passed |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Insider trades
NSE insider and takeover-code disclosures| Date | Who | Role | Side | Shares | Value | How |
|---|---|---|---|---|---|---|
| 2026-09-17 | Raghunandana Tangirala | Promoter group | buy | 26,000 | SAST Open Market | |
| 2026-09-17 | Raghunandana Tangirala | Promoter group | buy | 26,000 | SAST Open Market |
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.
Latest quarter
Jun 2026Sales ₹764 Cr +9.1% vs Jun 2025.
Net profit ₹30 Cr +3.4%.
Against our estimate for Jun 2026: sales +1.5%, profit +24.9% in line. Our estimate for Sep 2026: sales Rs 780 Cr, profit Rs 25 Cr (how).
Activity
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| NDR INVIT Trust | 6,916 | 69.5 | 5.08 % |
| Inox Green Energy Services Ltd | 6,583 | 53.7 | 8.42 % |
| Leap India Ltd | 6,046 | 104 | 8.34 % |
| Smartworks Coworking Spaces Ltd | 5,871 | 211 | 8.29 % |
| Nirlon Ltd | 5,460 | 15.3 | 30.8 % |
| Quess Corp Ltd | 5,109 | 19.8 | 24.0 % |
| Indiqube Spaces Ltd | 4,148 | 6.38 % | |
| Sanghvi Movers Ltd | 3,930 | 19.2 | 15.6 % |
| CMS Info Systems Ltd | 3,675 | 12.2 | 17.9 % |
| Hemisphere Properties India Ltd | 3,274 | -1.14 % | |
| EFC (I) Ltd | 2,578 | 10.0 | 19.8 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-08-05 | Interim Dividend - Re 1 Per Share |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Updater Services Ltd?
Updater Services Ltd (UDS) has a market capitalisation of Rs 1,390 Cr. at the 2026-10-01 close.
What is the P/E ratio of Updater Services Ltd?
Updater Services Ltd trades at a P/E of 15.2 on trailing twelve-month profit, at the 2026-10-01 close.
What were Updater Services Ltd's latest quarterly results?
In the Jun 2026 quarter, Updater Services Ltd sales was Rs 764 Cr (+9.1% vs Jun 2025) and net profit was Rs 30 Cr.
What is the 52-week high and low of Updater Services Ltd?
The 52-week high is Rs 262.85 and the 52-week low is Rs 125.10.