Uravi T and Wedge Lamps
Market Cap
₹528.0m
Last Updated
2020/08/07 13:04 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.
Risk Analysis
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
| URAVI | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 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 Year | n/a | -29.7%-31.8% | 4.0%-0.9% |
| 5 Year | n/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
3 months ago | Simply Wall St
A Close Look At Uravi T and Wedge Lamps Limited’s (NSE:URAVI) 17% ROCE4 months ago | Simply Wall St
Should You Be Impressed By Uravi T and Wedge Lamps Limited's (NSE:URAVI) ROE?5 months ago | Simply Wall St
What Does Uravi T and Wedge Lamps Limited's (NSE:URAVI) P/E Ratio Tell You?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
- Take a look at our analysis of URAVI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Uravi T and Wedge Lamps competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Automobiles industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | ₹4.79m | 31.96% ₹ 168.7m | |
| Whole Time Director & CEO | no data | ₹2.58m | 4.4% ₹ 23.3m | |
| Non-Executive Non-Independent Director | 13.67yrs | no data | 35.36% ₹ 186.7m | |
| Non-Executive Independent Director | 2.58yrs | ₹15.00k | no data | |
| Non-Executive Non-Independent Director | 3.75yrs | no data | no data | |
| Non-Executive Independent Director | 2.58yrs | ₹15.00k | no 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
| 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 | 2020/08/07 13:04 |
| End of Day Share Price | 2020/07/10 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.