NSEI:URAVI

Stock Analysis Report

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

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%

NSEI:URAVI

-3.0%

IN Auto Components

-0.7%

IN Market


1 Year Return

0.2%

NSEI:URAVI

-38.6%

IN Auto Components

-12.1%

IN Market

URAVI outperformed the Auto Components industry which returned -38.6% over the past year.

URAVI outperformed the Market in India which returned -12.1% over the past year.


Share holder returns

URAVIIndustryMarket
7 Day0%-3.0%-0.7%
30 Day-7.9%-7.0%-3.2%
90 Day-7.3%-17.2%-7.6%
1 Year0.2%0.2%-38.0%-38.6%-10.3%-12.1%
3 Yearn/a-11.7%-13.8%18.9%12.8%
5 Yearn/a32.4%27.5%37.6%24.7%

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 based on future cash flows and its price relative to the stock market?

19.59x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Uravi T and Wedge Lamps's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Uravi T and Wedge Lamps's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


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?

8.4%

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 8.4% 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 (76.8%) 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 76.8% today).

Debt is not well covered by operating cash flow (13.6%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 3.6x 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)

0.0yrs

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 higher than 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: 0.0yrs
    • Compensation: ₹4.79m
  • Kaushik Gada (45yo)

    Whole Time Director & CEO

    • Tenure: 0.0yrs
    • Compensation: ₹2.58m
  • Aditi Kamalakar

    Company Secretary & Compliance Officer

    • Tenure: 0.0yrs
    • Compensation: ₹190.26k
  • Vilas Tari (57yo)

    Head of Marketing

    • Tenure: 0.0yrs
  • Rajesh Pathak (52yo)

    Head of Quality Control

    • Tenure: 0.0yrs

Board Members

  • Brijesh Aggarwal (43yo)

    Non-Executive Non-Independent Director

    • Tenure: 12.7yrs
  • Vidyut Shah (61yo)

    Non-Executive Independent Director

    • Tenure: 1.6yrs
  • Niraj Gada (50yo)

    Chairman

    • Tenure: 0.0yrs
    • Compensation: ₹4.79m
  • Kaushik Gada (45yo)

    Whole Time Director & CEO

    • Tenure: 0.0yrs
    • Compensation: ₹2.58m
  • Anant Aggarwal (20yo)

    Non-Executive Non-Independent Director

    • Tenure: 2.8yrs
  • Darshita Gandhi (33yo)

    Non-Executive Independent Director

    • Tenure: 1.6yrs

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: ₹562.375m
  • 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 Analysis2019/08/19 13:06
End of Day Share Price2019/08/02 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.