NSEI:URAVI

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Uravi T and Wedge Lamps

Executive Summary

Uravi T and Wedge Lamps Limited manufactures and sells lamps and electrical components for various automobile manufacturers in India.


Snowflake Analysis

Mediocre balance sheet with questionable track record.

Share Price & News

How has Uravi T and Wedge Lamps's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: URAVI has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

URAVI

3.7%

IN Auto Components

1.9%

IN Market


1 Year Return

-6.1%

URAVI

1.1%

IN Auto Components

2.6%

IN Market

Return vs Industry: URAVI underperformed the Indian Auto Components industry which returned 1.1% over the past year.

Return vs Market: URAVI underperformed the Indian Market which returned 2.6% over the past year.


Shareholder returns

URAVIIndustryMarket
7 Day0%3.7%1.9%
30 Day-4.7%0.5%3.4%
90 Day-10.7%27.5%21.4%
1 Year-6.1%-6.1%2.4%1.1%4.5%2.6%
3 Yearn/a-29.7%-31.8%4.0%-0.9%
5 Yearn/a-9.9%-13.7%31.9%22.1%

Price Volatility Vs. Market

How volatile is Uravi T and Wedge Lamps's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Uravi T and Wedge Lamps undervalued compared to its fair value and its price relative to the market?

32.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate URAVI's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate URAVI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: URAVI is poor value based on its PE Ratio (32.5x) compared to the IN Auto Components industry average (20.9x).

PE vs Market: URAVI is poor value based on its PE Ratio (32.5x) compared to the Indian market (13.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate URAVI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: URAVI is overvalued based on its PB Ratio (2.3x) compared to the IN Auto Components industry average (1.2x).


Next Steps

Future Growth

How is Uravi T and Wedge Lamps forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.3%

Forecasted Automobiles industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Uravi T and Wedge Lamps has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Uravi T and Wedge Lamps performed over the past 5 years?

18.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: URAVI has high quality earnings.

Growing Profit Margin: URAVI's current net profit margins (4.5%) are lower than last year (8.2%).


Past Earnings Growth Analysis

Earnings Trend: URAVI's earnings have grown by 18.9% per year over the past 5 years.

Accelerating Growth: URAVI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: URAVI had negative earnings growth (-43.5%) over the past year, making it difficult to compare to the Auto Components industry average (-43.6%).


Return on Equity

High ROE: URAVI's Return on Equity (7.1%) is considered low.


Next Steps

Financial Health

How is Uravi T and Wedge Lamps's financial position?


Financial Position Analysis

Short Term Liabilities: URAVI's short term assets (₹303.2M) exceed its short term liabilities (₹215.5M).

Long Term Liabilities: URAVI's short term assets (₹303.2M) exceed its long term liabilities (₹30.2M).


Debt to Equity History and Analysis

Debt Level: URAVI's debt to equity ratio (86.5%) is considered high.

Reducing Debt: URAVI's debt to equity ratio has reduced from 222.5% to 86.5% over the past 5 years.

Debt Coverage: URAVI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: URAVI's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


Next Steps

Dividend

What is Uravi T and Wedge Lamps's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate URAVI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate URAVI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if URAVI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if URAVI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of URAVI's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average board tenure


CEO

Kaushik Gada (47 yo)

no data

Tenure

₹2,580,000

Compensation

Mr. Kaushik Damji Gada serves as Chief Executive Officer of Uravi T and Wedge Lamps Ltd. Mr. Gada has been a Whole Time Director of Uravi T and Wedge Lamps Ltd. since July 26, 2017 and served as its Direct ...


CEO Compensation Analysis

Compensation vs Market: Kaushik's total compensation ($USD34.44K) is below average for companies of similar size in the Indian market ($USD49.31K).

Compensation vs Earnings: Kaushik's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Niraj Gada
Chairmanno data₹4.79m31.96%
₹ 168.7m
Kaushik Gada
Whole Time Director & CEOno data₹2.58m4.4%
₹ 23.3m
Brijesh Aggarwal
Non-Executive Non-Independent Director13.67yrsno data35.36%
₹ 186.7m
Vidyut Shah
Non-Executive Independent Director2.58yrs₹15.00kno data
Anant Aggarwal
Non-Executive Non-Independent Director3.75yrsno datano data
Darshita Gandhi
Non-Executive Independent Director2.58yrs₹15.00kno data

3.8yrs

Average Tenure

46yo

Average Age

Experienced Board: URAVI's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Uravi T and Wedge Lamps Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Uravi T and Wedge Lamps Limited
  • Ticker: URAVI
  • Exchange: NSEI
  • Founded: 2004
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: ₹528.000m
  • Shares outstanding: 5.50m
  • Website: https://www.uravilamps.com

Number of Employees


Location

  • Uravi T and Wedge Lamps Limited
  • Shop No. 329, Avior
  • Nirmal Galaxy
  • Mumbai
  • Maharashtra
  • 400080
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
URAVINSEI (National Stock Exchange of India)YesEquity SharesININRMar 2018

Biography

Uravi T and Wedge Lamps Limited manufactures and sells lamps and electrical components for various automobile manufacturers in India. The company provides incandescent and halogen head lamps; stop, tail, a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/07 13:04
End of Day Share Price2020/07/10 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.