Is UCAL a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that UCAL Ltd is a average quality company .

Is UCAL undervalued or overvalued?

The key valuation ratios of UCAL Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is UCAL share price return in the past 10 years?

UCAL Ltd share price has appreciated 1.8% annually (CAGR) over the past ten years.

Is UCAL a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of UCAL Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

UCAL Ltd - Stock Valuation and Financial Performance

Name: UCAL
Brand: UCAL

BSE: 500464 | NSE: UCAL | Auto Ancillary | Small Cap

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UCAL Share Price

₹168.45 -2.65 -1.55%
as on 21-Nov'24 16:59

10 Year X-Ray of UCAL:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	16.3%	14.3%	20.1%	19.6%	18%	11.2%	6.6%	10%	4.7%	2.7%	-
Value Creation Index ⓘ	0.2	0.0	0.4	0.4	0.3	-0.2	-0.5	-0.3	-0.7	-0.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	738	724	791	820	870	732	687	782	823	723	764
Sales YoY Gr.	-	-1.9%	9.3%	3.7%	6%	-15.9%	-6.1%	13.9%	5.2%	-12.1%	-
Adj EPS ⓘ	10.5	6	15.4	45.9	21	9.2	12.9	15.7	0	-11.5	-9.5
YoY Gr.	-	-42.6%	156.2%	197.6%	-54.3%	-55.9%	39.3%	22.3%	-99.8%	-28825%	-
BVPS (₹) ⓘ	29.9	14.2	95.2	135	145.7	149.7	162.1	177.1	177.9	167.9	167
Adj Net Profit ⓘ	23.2	13.3	34.1	101	46.4	20.4	28.5	34.8	0.1	-25.4	-21
Cash Flow from Ops. ⓘ	91.9	80.6	98	78.3	130	134	10.5	80.5	78.2	39	-
Debt/CF from Ops. ⓘ	3.5	3.7	2.6	3.3	1.8	1.7	26.1	2.8	2.6	5.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-0.2%	-3.6%	1.7%	-12.1%
Adj EPS ⓘ	-201%	-188.7%	-196.3%	-28825%
BVPSⓘ	21.2%	2.9%	1.2%	-5.6%
Share Price	1.8%	5.1%	5.1%	20.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	38.1	27.3	28.2	39.9	14.9	6.3	8.3	9.3	0	-6.6	-5.7
Op. Profit Mgn % ⓘ	11.9	10.2	12.9	15	14.4	12.2	9.7	9.3	7	5.1	6.2
Net Profit Mgn % ⓘ	3.1	1.8	4.3	12.4	5.3	2.8	4.2	4.5	0	-3.5	-2.7
Debt to Equity ⓘ	4.8	9.4	1.2	0.9	0.7	0.7	0.8	0.6	0.5	0.6	0.2
Working Cap Days ⓘ	109	110	100	110	118	133	145	131	119	135	61
Cash Conv. Cycle ⓘ	25	23	13	19	23	12	23	44	45	51	-10

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.55

Return on Equity is Poor

Sales growth has been subdued in last 3 years 1.74%

Sales growth is not so good in last 4 quarters at 3.25%

Latest Financials - UCAL Ltd.

	Standalone	Consolidated
TTM EPS (₹)	2.2	-9.5
TTM Sales (₹ Cr.)	524	764
BVPS (₹.) ⓘ	162.8	167
Reserves (₹ Cr.) ⓘ	338	347
P/BV ⓘ	1.05	1.02
PE ⓘ	78.84	0.00

From the Market
52 Week Low / High (₹)	126.00 / 229.90
All Time Low / High (₹)	18.00 / 338.00
Market Cap (₹ Cr.)	378
Equity (₹ Cr.)	22.1
Face Value (₹)	10
Industry PE ⓘ	51.1

Management X-Ray of UCAL:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of UCAL

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of UCAL

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	738	724	791	820	870	732	687	782	823	723
Operating Expenses ⓘ	650	651	689	697	745	643	620	710	766	686
Manufacturing Costs	332	316	101	102	104	71	57	62	60	43
Material Costs	108	99	328	338	369	312	349	397	440	379
Employee Cost	141	154	169	177	184	179	150	166	167	161
Other Costs ⓘ	69	82	91	81	89	80	64	85	98	103
Operating Profit ⓘ	88	73	102	123	124	89	67	73	57	37
Operating Profit Margin (%)	11.9%	10.1%	12.9%	15.0%	14.3%	12.2%	9.7%	9.3%	7.0%	5.1%
Other Income ⓘ	10	11	11	7	6	12	13	31	9	12
Interest ⓘ	31	27	28	26	27	27	28	23	22	24
Depreciation ⓘ	34	33	34	30	30	40	40	41	38	33
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	33	23	51	74	73	35	11	39	6	-9
Tax ⓘ	9	8	15	-27	27	14	-18	4	6	16
Profit After Tax	25	16	36	101	46	21	29	35	1	-25
PAT Margin (%)	3.3%	2.2%	4.5%	12.3%	5.3%	2.9%	4.2%	4.5%	0.1%	-3.5%
Adjusted EPS (₹)	11.1	7.0	16.2	45.8	20.7	9.6	13.1	15.8	0.4	-11.4
Dividend Payout Ratio (%)	18%	50%	31%	22%	43%	0%	15%	13%	519%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	66	31	211	298	322	331	358	392	393	371
Share Capital ⓘ	22	22	22	22	22	22	22	22	22	22
Reserves ⓘ	44	9	188	276	300	309	336	369	371	349
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	237	200	224	226	194	170	233	187	161	145
Long Term Debt	110	79	95	74	69	68	114	77	62	73
Short Term Debt	126	120	129	152	125	101	119	111	99	72
Trade Payables	103	101	125	113	142	147	144	96	129	130
Others Liabilities ⓘ	115	164	84	53	70	114	86	66	64	143
Total Liabilities ⓘ	521	496	643	690	728	762	822	741	747	789
Fixed Assets
Gross Block	659	673	406	447	497	613	615	644	634	708
Accumulated Depreciation	388	418	33	61	91	118	144	184	199	218
Net Fixed Assetsⓘ	271	255	373	385	406	495	471	460	436	491
CWIP ⓘ	4	2	8	14	14	1	2	4	16	21
Investmentsⓘ	0	0	16	16	16	16	16	3	3	3
Inventories	76	78	75	85	89	91	97	106	98	98
Trade Receivables	111	102	116	121	136	81	133	97	119	118
Cash Equivalents	3	3	5	3	3	4	32	2	1	7
Others Assetsⓘ	56	56	50	66	65	72	70	69	74	51
Total Assets ⓘ	521	496	643	690	728	762	822	741	747	789

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	92	81	98	78	130	134	10	81	78	39
PBT ⓘ	33	23	51	74	73	35	11	39	6	-9
Adjustment ⓘ	64	59	60	54	56	66	65	63	57	55
Changes in Working Capital ⓘ	1	10	1	-25	10	45	-63	-11	18	-5
Tax Paid ⓘ	-7	-12	-14	-24	-8	-12	-2	-10	-3	-2
Cash Flow From Investing Activity ⓘ	-12	-14	-19	-45	-44	-72	-9	-29	-33	-82
Capex	-12	-14	-15	-40	-46	-74	-16	-30	-13	-88
Net Investments	0	0	0	0	0	0	1	0	0	0
Others ⓘ	0	0	-3	-5	1	2	6	1	-20	6
Cash Flow From Financing Activityⓘ	-80	-67	-71	-49	-48	-65	31	-83	-9	40
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-46	-39	0	0	0	0	45	-37	-15	11
Interest Paid ⓘ	-31	-27	-28	-26	-27	-27	-28	-23	-22	-24
Dividend Paid ⓘ	-2	-4	-9	-13	-27	-24	0	-4	-4	-4
Others ⓘ	0	4	-34	-9	6	-14	13	-18	32	58
Net Cash Flow ⓘ	0	0	8	-15	38	-3	32	-32	36	-3

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	40.38	31.97	29.64	39.77	14.76	6.48	8.37	9.3	0.22	-6.61
ROCE (%)	16.29	14.27	20.1	19.55	18.04	11.18	6.58	9.97	4.7	2.65
Asset Turnover Ratio	1.51	1.57	1.54	1.28	1.23	0.98	0.87	1	1.11	0.94
PAT to CFO Conversion(x)	3.68	5.06	2.72	0.77	2.83	6.38	0.34	2.31	78	N/A
Working Capital Days
Receivable Days	52	49	45	51	54	54	57	54	48	60
Inventory Days	33	35	32	34	36	45	50	48	45	50
Payable Days	341	377	125	128	126	169	145	97	78	96

UCAL Ltd Stock News

UCAL Ltd FAQs

What is the share price of UCAL?

Company share prices are keep on changing according to the market conditions. The closing price of UCAL on 21-Nov-2024 16:59 is ₹168.4.

What is the market cap of UCAL?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of UCAL stood at ₹378.4.

What is the P/E ratio of UCAL?

The latest P/E ratio of UCAL as of 21-Nov-2024 16:59 is 78.84.

What is the P/B ratio of UCAL?

The latest P/B ratio of UCAL as of 21-Nov-2024 16:59 is 1.05.

What is the 52-week high and low of UCAL?

The 52-week high of UCAL is ₹229.9 and the 52-week low is ₹126.0.

What is the TTM revenue of UCAL?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of UCAL is ₹524.3 ( Cr.) .

About UCAL Ltd

Ucal Fuel Systems was established in 1985 by Carburettors Ltd. (pioneers in India in the manufacture of Carburettors and mechanical fuel pumps) as a joint venture company with Mikuni Corporation Japan - internationally renowned company for fuel management products.

It is a part of the larger Ucal group which was founded by Shri.K.Gopalakrishna, a visionary leader who built the multidimensional enterprise. Ucal today spans a wide spectrum of products for the automotive sector and is a perfect amalgam of people, technology and resources reinforced with the advantage of a thorough understanding of automotive industry

Ucal is in the business of providing holistic solutions in fuel management systems and is committed to producing products of consistent quality and timely delivery. This is validated because Ucal is the most preferred supplier of products to customers such as Maruti Udyog, Hyundai, General Motors, Cummins, Bosch, Mikuni, TVS Motor Company, Bajaj Auto, Suzuki, Yamaha & Hero Honda Motors to name a few.

The company takes pride in being an engineering company that provides solutions to customers. The company designs products for petrol and diesel engine application and has impeccable manufacturing process and systems that ensures product quality. Apart from producing parts of consistent quality and upholding stakeholder satisfaction, Ucal takes it as a duty to be socially responsible organization and ensure that all products are environmentally friendly.

Subsidiaries:

AMTEC Precision Products Ltd. Acquired by UCAL in the year 2005, AMTEC Precision Products manufactures precision machined parts and plastic moulded products for US Automotive and Non-Automotive customers. AMTEC has three facilities located in Illinois, USA.
Bharat Technologies Auto Components Ltd. Bharat Technologies Auto Components Ltd. (BTACL), manufactures precision machined parts for automotive application at its 100% Export Oriented Unit at Ambattur, Chennai. BTACLâ€™s strength and expertise lie in its ability to manufacture components to close tolerances, using CNC machines, and to meet global quality requirements in large volumes. Around one million in volume of each product is exported to the US. Further, the companyâ€™s technical power blends experience and dynamism, to provide a wide array of machining solutions to any challenging customer requirements.
UCAL Machine Tools Ltd. A 100% subsidiary of Ucal, UCAL Machine Tools was established in 1991 to manufacture dies and moulds for the Pressure Die Cast products required by UCAL Fuel Systems Ltd. Ucal Machine Tools also manufactures pressure die cast parts for Indian and International customers. The company has three pressure die casting units, one at Pondicherry and two at Maraimalai Nagar, apart from a tool room and assembly unit at Maraimalai Nagar.
UCAL Polymer Industries Ltd. Established as a 100% subsidiary in 2000, UCAL Polymer Industries Ltd., (UPIL) is engaged in the manufacture of rubber and plastic products. Specialised activities like Rubber to metal bonding, Compression moulding and Plastic injection moulding are carried out at UPIL. The manufacturing unit is at Pondicherry.

Product range of the company includes:

Gasoline Systems & Products
Gasoline Engines - 4 Wheelers
Gasoline Engine - 2 Wheelers
Gasoline Engine - Pumps
Diesel Systems & Products
EMS System Products
Emission Control & Other Products
High pressure Die cast Products
Precision Machined Products

Achievements/ recognition:

2009 - BOSCH Supplier Award for maximizing value to the customer
National Energy Conservation Award by The Bureau of Energy efficiency, New Delhi.
ACMA Certificate of merit 2000-2001
Certificate of BVQI
Appreciation certificate 2001
National quality award
BVQI Certificate of approval
Certificate of merit 2002
BVQI appendix to Certificate of approval
ACMA Certificate of merit award 1992-93

Milestones

1959 - Carburettors Limited incorporated
1985 - UFSL incorporated as a Private Limited Company
1987 - Joint venture agreement entered into with Mikuni Corporation
1989 - UFSL became a Public Limited Company
1990 - Maraimalai Nagar Plant established
Carburettor for Maruti 800CC and 1000CC cars
1992 - Carburettor for Premier118 NE car, Nissan A12 engine
Carburettor for HM Contessa Car Isuzu 1800CC engine and for Zen cars with 1000CC engine
1993 - Carburettors for Esteem cars with 1300CC engine, Suzuki Samurai Motorcycles-2 stroke engine and gensets
1996 - Pondicherry Plant established
Carburettor for Bajaj Auto-rickshaw
Exports Commenced
1997 - Carburettor for TVS Scooty
1998 - Carburettor for Yamaha Motorcycle and Maruti Omni
Multi Point Fuel Injection (MPFI) System Parts for Hyundai Santro
1999 - Secondary Air Suction valve (ASV) for Hero Honda
Carburettor for Scooterettes and 4-stroke motorcycles
MPFI system parts for Maruti
2000 - Gurgaon Plant established
Carburettor for Bajaj Caliber/Boxer and Yamaha Crux Motorcycles
CD carburettor for TVS Fiero motorcycles and SAV/Carburettor for TVS Victor
Exports of SAV commenced
2001 - CD Carburettor for Bajaj Pulsar
2002 - Export of Electronic throttle valve commenced
2003 -Collaboration with Orbital Inc., Australia for development of Direct Injection Systems
Setting up of a central R&D centre at Ambattur, Chennai
2005 -Acquired AMTEC Precision Product, a company in US
2006 - Started development of products for Diesel application
2007 - Maraimalai Nagar Plant 6 established for machined component. Production of Vacuum pump and Oil pump started
2008 - Joint Venture with Mikuni Closed
2009 - Production of Fuel pump started
2009-10 - It marked the first full year of operation after the exit of its technical and equity partner, Mikuni Corporation, Japan.