Uravi T and Wedge Lamps
Market Cap
₹599.2m
Last Updated
2019/09/21 12:51 UTC
Data Sources
Company Financials
Executive Summary
Uravi T and Wedge Lamps Limited manufactures and sells lamps and electrical components for various automobile manufacturers in India.
Snowflake
Fundamentals
Adequate balance sheet with acceptable track record.
Risks
- Uravi T and Wedge Lamps is not covered by any analysts.
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
Market Performance
7 Day Return
0%
URAVI
1.1%
IN Auto Components
-4.2%
IN Market
1 Year Return
6.8%
URAVI
-30.3%
IN Auto Components
-7.8%
IN Market
URAVI outperformed the Auto Components industry which returned -30.3% over the past year.
URAVI outperformed the Market in India which returned -7.8% over the past year.
Share holder returns
| URAVI | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.1% | -4.2% |
| 30 Day | 6.6% | 8.1% | 2.7% |
| 90 Day | -5.3% | -8.0% | -5.5% |
| 1 Year | 6.8%6.8% | -29.6%-30.3% | -6.0%-7.8% |
| 3 Year | n/a | -10.5%-12.7% | 18.5%12.6% |
| 5 Year | n/a | 29.1%24.3% | 38.6%25.6% |
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
2 months ago | Simply Wall St
A Close Look At Uravi T and Wedge Lamps Limited’s (NSE:URAVI) 21% ROCE3 months ago | Simply Wall St
Uravi T and Wedge Lamps Limited (NSE:URAVI) Has A ROE Of 14%4 months ago | Simply Wall St
I Ran A Stock Scan For Earnings Growth And Uravi T and Wedge Lamps (NSE:URAVI) Passed With EaseValuation
Is Uravi T and Wedge Lamps undervalued based on future cash flows and its price relative to the stock market?
20.86x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Unable to calculate intrinsic value for Uravi T and Wedge Lamps to establish if it is available at moderate discount.
Unable to calculate intrinsic value for Uravi T and Wedge Lamps to establish if it is available at substantial discount.
Price Based on Earnings
Uravi T and Wedge Lamps is overvalued based on earnings compared to the IN Auto Components industry average.
Uravi T and Wedge Lamps is overvalued based on earnings compared to the India market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Uravi T and Wedge Lamps, we can't assess if its growth is good value.
Price Based on Value of Assets
Uravi T and Wedge Lamps is overvalued based on assets compared to the IN Auto Components industry average.
Next Steps
Future Growth
How is Uravi T and Wedge Lamps expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
8.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Unable to determine if Uravi T and Wedge Lamps is high growth as no revenue estimate data is available.
Uravi T and Wedge Lamps's earnings are expected to grow by 8.6% yearly, however this is not considered high growth (20% yearly).
Unable to compare Uravi T and Wedge Lamps's revenue growth to the India market average as no estimate data is available.
Uravi T and Wedge Lamps's earnings growth is positive but not above the India market average.
Uravi T and Wedge Lamps's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Uravi T and Wedge Lamps will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Uravi T and Wedge Lamps performed over the past 5 years?
33.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Uravi T and Wedge Lamps has delivered over 20% year on year earnings growth in the past 5 years.
Uravi T and Wedge Lamps's 1-year earnings growth is less than its 5-year average (4.3% vs 33%)
Uravi T and Wedge Lamps's earnings growth has exceeded the IN Auto Components industry average in the past year (4.3% vs -4.3%).
Return on Equity
Uravi T and Wedge Lamps has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Uravi T and Wedge Lamps used its assets more efficiently than the IN Auto Components industry average last year based on Return on Assets.
Return on Capital Employed
Uravi T and Wedge Lamps's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Uravi T and Wedge Lamps's financial position?
Financial Position Analysis
Uravi T and Wedge Lamps is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Uravi T and Wedge Lamps's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Uravi T and Wedge Lamps's level of debt (78.5%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (243.7% vs 78.5% today).
Operating cash flow is negative therefore debt is not well covered.
Interest payments on debt are well covered by earnings (EBIT is 4.5x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.5x debt.
Next Steps
Dividend
What is Uravi T and Wedge Lamps's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate Uravi T and Wedge Lamps's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Uravi T and Wedge Lamps's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Uravi T and Wedge Lamps has not reported any payouts.
Unable to verify if Uravi T and Wedge Lamps's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Uravi T and Wedge Lamps has not reported any payouts.
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Uravi T and Wedge Lamps's salary, the management and board of directors tenure and is there insider trading?
2.8yrs
Average board tenure
CEO
Kaushik Gada (45yo)
0yrs
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
Kaushik's remuneration is about average for companies of similar size in India.
Insufficient data for Kaushik to compare compensation growth.
Board Age and Tenure
2.8yrs
Average Tenure
44yo
Average Age
The average tenure for the Uravi T and Wedge Lamps board of directors is less than 3 years, this suggests a new board.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Niraj Gada (50yo)
Chairman
- Tenure: 0yrs
- Compensation: ₹4.79m
Kaushik Gada (45yo)
Whole Time Director & CEO
- Tenure: 0yrs
- Compensation: ₹2.58m
Aditi Kamalakar
Company Secretary & Compliance Officer
- Tenure: 0yrs
- Compensation: ₹190.26k
Vilas Tari (57yo)
Head of Marketing
- Tenure: 0yrs
Rajesh Pathak (52yo)
Head of Quality Control
- Tenure: 0yrs
Board Members
Brijesh Aggarwal (43yo)
Non-Executive Non-Independent Director
- Tenure: 12.8yrs
Vidyut Shah (61yo)
Non-Executive Independent Director
- Tenure: 1.7yrs
Niraj Gada (50yo)
Chairman
- Tenure: 0yrs
- Compensation: ₹4.79m
Kaushik Gada (45yo)
Whole Time Director & CEO
- Tenure: 0yrs
- Compensation: ₹2.58m
Anant Aggarwal (20yo)
Non-Executive Non-Independent Director
- Tenure: 2.8yrs
Darshita Gandhi (33yo)
Non-Executive Independent Director
- Tenure: 1.7yrs
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: ₹599.225m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| URAVI | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Mar 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/21 12:51 |
| End of Day Share Price | 2019/09/13 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2019/03/31 |
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.