Uravi T and Wedge Lamps Limited manufactures and sells lamps and electrical components for various automobile manufacturers in India.
Adequate balance sheet with acceptable 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.
7 Day Return
IN Auto Components
1 Year Return
IN Auto Components
Return vs Industry: URAVI exceeded the Indian Auto Components industry which returned -43.9% over the past year.
Return vs Market: URAVI exceeded the Indian Market which returned -29.3% over the past year.
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 weeks ago | Simply Wall StShould You Be Impressed By Uravi T and Wedge Lamps Limited's (NSE:URAVI) ROE?
1 month ago | Simply Wall StWhat Does Uravi T and Wedge Lamps Limited's (NSE:URAVI) P/E Ratio Tell You?
2 months ago | Simply Wall StWhy Uravi T and Wedge Lamps Limited’s (NSE:URAVI) Return On Capital Employed Is Impressive
Is Uravi T and Wedge Lamps undervalued compared to its fair value and its price relative to the market?
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 (20.9x) compared to the Auto Components industry average (9.8x).
PE vs Market: URAVI is poor value based on its PE Ratio (20.9x) compared to the Indian market (9.2x).
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 (2.5x) compared to the IN Auto Components industry average (0.9x).
How is Uravi T and Wedge Lamps forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Uravi T and Wedge Lamps's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- 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.
How has Uravi T and Wedge Lamps performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: URAVI has high quality earnings.
Growing Profit Margin: URAVI's current net profit margins (7.3%) are lower than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: URAVI's earnings have grown significantly by 25% per year over the past 5 years.
Accelerating Growth: URAVI's earnings growth over the past year (0.1%) is below its 5-year average (25% per year).
Earnings vs Industry: URAVI earnings growth over the past year (0.1%) exceeded the Auto Components industry -20%.
Return on Equity
High ROE: URAVI's Return on Equity (11.7%) is considered low.
How is Uravi T and Wedge Lamps's financial position?
Financial Position Analysis
Short Term Liabilities: URAVI's short term assets (₹282.5M) exceed its short term liabilities (₹201.7M).
Long Term Liabilities: URAVI's short term assets (₹282.5M) exceed its long term liabilities (₹32.2M).
Debt to Equity History and Analysis
Debt Level: URAVI's debt to equity ratio (77.9%) is considered high.
Reducing Debt: URAVI's debt to equity ratio has reduced from 232.7% to 77.9% 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 well covered by EBIT (3.9x coverage).
Inventory Level: URAVI has a high level of physical assets or inventory.
Debt Coverage by Assets: URAVI's debt is covered by short term assets (assets are 1.6x debt).
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 payouts.
High Dividend: Unable to evaluate URAVI's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kaushik Gada (46yo)
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 ($USD34.23K) is about average for companies of similar size in the Indian market ($USD48.15K).
Compensation vs Earnings: Kaushik's compensation has been consistent with company performance over the past year.
|Chairman||no data||₹4.79m||31.96% ₹175.9m|
|Whole Time Director & CEO||no data||₹2.58m||4.4% ₹24.3m|
|Non-Executive Non-Independent Director||13.25yrs||no data||35.36% ₹194.7m|
|Non-Executive Independent Director||2.17yrs||₹15.00k||no data|
|Non-Executive Non-Independent Director||3.33yrs||no data||no data|
|Non-Executive Independent Director||2.17yrs||₹15.00k||no data|
Experienced Board: URAVI's board of directors are considered experienced (3.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Uravi T and Wedge Lamps Limited's company bio, employee growth, exchange listings and data sources
- Name: Uravi T and Wedge Lamps Limited
- Ticker: URAVI
- Exchange: NSEI
- Founded: 2004
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₹550.550m
- Shares outstanding: 5.50m
- Website: https://www.uravilamps.com
Number of Employees
- Uravi T and Wedge Lamps Limited
- Shop No. 329, Avior
- Nirmal Galaxy
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|URAVI||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Mar 2018|
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, and indicator signal lamps; wedge base lamps; wedge base lamps holders and silicon caps; and incandescent LED head lamps for use in two-wheelers, four-wheelers, tractors, and industrial applications. It also offers LED filament lamps for home applications. The company was incorporated in 2004 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 13:32|
|End of Day Share Price||2020/03/24 00:00|
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.