Updater Services Ltd
UDS offes integrated facilities management services and other services. Its service portfolio caters to the needs of diverse customer segments across a range of sectors including FMCG, manufacturing and engineering, banking, financial services, and insurance (BFSI), healthcare, information technology / information technology enabled services (IT / ITeS), automobiles, logistics and warehousing, airports, ports, infrastructure and retail, among others.[1]
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −The company has delivered a poor sales growth of 7.79% over past five years.
- −Company has a low return on equity of 7.99% over last 3 years.
- −Earnings include an other income of Rs.40.8 Cr.
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 58.88% | 58.88% | 58.88% | 58.88% | 58.88% | 58.91%▲0.0 | 59.09%▲0.2 | 59.09% |
| FIIs | 3.86% | 3.54%▼0.3 | 3.12%▼0.4 | 2.74%▼0.4 | 3.69%▲0.9 | 3.56%▼0.1 | 3.34%▼0.2 | 4.03%▲0.7 |
| DIIs | 13.49% | 15.26%▲1.8 | 15.03%▼0.2 | 15.35%▲0.3 | 12.78%▼2.6 | 13.13%▲0.4 | 13.04%▼0.1 | 12.96%▼0.1 |
| Public | 23.75% | 22.31%▼1.4 | 22.96%▲0.7 | 23.05%▲0.1 | 24.65%▲1.6 | 24.38%▼0.3 | 24.54%▲0.2 | 23.92%▼0.6 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 346.59 | 350.4 | 377.75 | 375.2 | 391.79 | 396.69 | 428.06 | 416.09 | 430.64 | 461.05 |
| Expenses | 340.54 | 344.07 | 363.85 | 360.79 | 372.07 | 376.94 | 413.35 | 398.76 | 418.56 | 444.67 |
| Operating Profit | 6.05 | 6.33 | 13.9 | 14.41 | 19.72 | 19.75 | 14.71 | 17.33 | 12.08 | 16.38 |
| OPM % | 1.75% | 1.81% | 3.68% | 3.84% | 5.03% | 4.98% | 3.44% | 4.16% | 2.81% | 3.55% |
| Net Profit | 7.95 | 7.79 | 13.97 | 10.88 | 16.45 | 16.5 | 35.5 | 15.62 | 15.3 | 9.83 |
| EPS ₹ | 1.19 | 1.17 | 2.09 | 1.63 | 2.46 | 2.46 | 5.3 | 2.33 | 2.29 | 1.47 |
AI Insights
TTM revenue at ₹1,736Cr, up 9% YoY. OPM at 3%.
Borrowings at ₹13Cr. Debt-to-equity ratio: 0.02x. Healthy balance sheet.
DIIs: 12.96% (+0.58pp change). FIIs: 4.03% (-8.13pp change). Promoters hold 59.09%.
ROCE improving from 0% (Mar 2018) to 9% (Mar 2025). Working capital days: 43.
PE 18.7x with 9.41% ROCE. Price is 30% above book value of ₹132. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 2d - ICRA's Q4 FY2026 monitoring report finds no deviation in IPO proceeds use.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 25 Apr - Updater Services confirms it is not a Large Corporate; outstanding borrowing was nil on March 31, 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Regulation 74(5) certificate filed for quarter ended March 31, 2026; one rematerialization request processed.
- Announcement under Regulation 30 (LODR)-Change in Directorate 30 Mar - Amitabh Jaipuria appointed Senior Executive Whole-time Director and KMP effective April 1, 2026; three-year term.
- Closure of Trading Window 26 Mar - Trading window closed April 1, 2026 until 48 hours after audited results for quarter/FY ending March 31, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse