Updater Services (UDS) Stock Overview
Operates an integrated business services platform in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
UDS Community Fair Values
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Analyst Price Targets
Updater Services Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹184.12 |
| 52 Week High | ₹310.90 |
| 52 Week Low | ₹125.10 |
| Beta | 0.86 |
| 1 Month Change | 9.82% |
| 3 Month Change | 28.43% |
| 1 Year Change | -38.75% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -35.15% |
Recent News & Updates
Narrative Update • Jun 10
UDS: Stable Outlook Will Rely On SIS Stake And Upcoming Governance Decisions
Analysts are keeping the price target for Updater Services steady at ₹170. This reflects only small tweaks in revenue growth, profit margin and assumed future P/E in their updated models, rather than any major change in the stock’s outlook.Analysis Article • Jun 05
There May Be Reason For Hope In Updater Services' (NSE:UDS) Disappointing Earnings
Shareholders appeared unconcerned with Updater Services Limited's ( NSE:UDS ) lackluster earnings report last week. Our...Narrative Update • May 27
UDS: Stable Outlook Will Depend On New CFO And Upcoming Shareholder Decisions
Analysts have maintained the fair value estimate for Updater Services at ₹170.0 per share. They cite only minor adjustments to assumptions around discount rate, revenue growth, profit margin and future P/E expectations, rather than any major change in outlook.Narrative Update • May 03
UDS: Stable Outlook Will Rely On CFO Transition And GST Dispute Resolution
Analysts have nudged their price target on Updater Services slightly higher to ₹170, reflecting small adjustments to assumptions on discount rate, revenue growth, profit margins and future P/E. These changes keep their fair value view effectively unchanged.Recent updates
Narrative Update • Jun 10
UDS: Stable Outlook Will Rely On SIS Stake And Upcoming Governance Decisions
Analysts are keeping the price target for Updater Services steady at ₹170. This reflects only small tweaks in revenue growth, profit margin and assumed future P/E in their updated models, rather than any major change in the stock’s outlook.Analysis Article • Jun 05
There May Be Reason For Hope In Updater Services' (NSE:UDS) Disappointing Earnings
Shareholders appeared unconcerned with Updater Services Limited's ( NSE:UDS ) lackluster earnings report last week. Our...Narrative Update • May 27
UDS: Stable Outlook Will Depend On New CFO And Upcoming Shareholder Decisions
Analysts have maintained the fair value estimate for Updater Services at ₹170.0 per share. They cite only minor adjustments to assumptions around discount rate, revenue growth, profit margin and future P/E expectations, rather than any major change in outlook.Narrative Update • May 03
UDS: Stable Outlook Will Rely On CFO Transition And GST Dispute Resolution
Analysts have nudged their price target on Updater Services slightly higher to ₹170, reflecting small adjustments to assumptions on discount rate, revenue growth, profit margins and future P/E. These changes keep their fair value view effectively unchanged.Narrative Update • Apr 18
UDS: GST Dispute Outcomes And Leadership Changes Will Shape Future Upside Potential
Analysts have nudged their price target on Updater Services to ₹170, reflecting slightly updated assumptions around discount rate, revenue growth, profit margin and forward P/E that leave their overall valuation view broadly unchanged. What's in the News Updater Services plans to appoint Ram Praveen Radhakrishnan as Group CFO from March 17, 2026, with interim Group CFO Surinder Kumar stepping down from that role on March 16, 2026, while continuing as CFO of Denave and supporting other group finance initiatives (Executive Changes) The company received a revised order from the Joint Commissioner (ST) Appeals in Chennai that adjusts a prior tax demand from ₹4,160,998 to ₹46,382, and it is reviewing further legal options while indicating it does not expect a significant financial impact from this matter (Regulatory Authority) A board meeting is scheduled for February 5, 2026, to consider standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025, and to take note of the appointment of Sunil Munshi as CEO of Denave India Private Limited following the resignation of Snehashish Bhattacharjee effective March 31, 2026 (Board Meeting) Updater Services has received multiple GST related orders from the Commercial Tax Officer in Chennai, including demands of ₹6,538,972, ₹13,034,703, ₹4,083,637 and ₹2,199,560 under Section 74 of the CGST Act, 2017, and is exploring legal options such as writs or appeals, with the company indicating in some cases that it views the orders as lacking merit and expects limited financial impact (Regulatory Authority) Valuation Changes Fair Value: ₹170.0 remains aligned with the prior estimate of ₹170, indicating no change to the overall fair value level used.
Narrative Update • Apr 04
UDS: Softer Assumptions And Tax Overhang Will Still Support Upside
Analysts have trimmed their fair value estimate for Updater Services from about ₹375 to roughly ₹339, citing slightly softer revenue growth and P/E assumptions that are only partly offset by a modest improvement in projected profit margins and discount rate. What's in the News Appointment of Mr. Ram Praveen Radhakrishnan as Group Chief Financial Officer with effect from March 17, 2026, following the end of interim Group CFO Mr. Surinder Kumar’s tenure on March 16, 2026.Narrative Update • Mar 21
UDS: GST Dispute Resolution Will Support Longer-Term Upside Potential
Analysts have raised their price target on Updater Services to ₹170, reflecting slightly higher assumptions for revenue growth, profit margins, and the forward P/E multiple in their updated models. What's in the News Appointment of Ram Praveen Radhakrishnan as Group Chief Financial Officer with effect from March 17, 2026, bringing about 23 years of experience across Agri solutions, manufacturing, ITES, and banking, while interim Group CFO Surinder Kumar steps down from the group role and continues as CFO of Denave and in other senior finance positions within the group (company filing).Narrative Update • Mar 07
UDS: Legal Overhang From GST Disputes Will Support Longer-Term Upside Potential
Analysts have trimmed their price target on Updater Services from ₹230 to ₹170, reflecting updated views on slightly lower revenue growth, slimmer profit margins and a reduced future P/E assumption, partly offset by a marginally lower discount rate. What's in the News Revised order from the Joint Commissioner (ST) Appeals, Chennai reduces a prior tax demand from ₹4,160,998 to ₹46,382, with the company evaluating further legal options and indicating it does not expect a significant financial impact in this case (Regulatory Authority: Enforcement Actions).
Narrative Update • Feb 21
UDS: Tax Resolutions And New Finance Leadership Will Support Future Upside
Analysts have reduced their price target on Updater Services from ₹295.50 to ₹253.00, reflecting updated assumptions on slightly higher revenue growth, a lower profit margin, and a modestly lower future P/E multiple. What's in the News The Joint Commissioner (ST) Appeals in Chennai has issued a revised tax order that reduces an earlier demand on Updater Services from ₹4,160,998 to ₹46,382.Analysis Article • Feb 10
Updater Services Limited (NSE:UDS) Just Reported Earnings, And Analysts Cut Their Target Price
It's been a good week for Updater Services Limited ( NSE:UDS ) shareholders, because the company has just released its...Narrative Update • Feb 06
UDS: Tax Rulings And New Finance Leadership Will Underpin Future Upside
Narrative Update on Updater Services Analysts have reduced their price target for Updater Services to A$295.50, reflecting updated assumptions around a 12.52% discount rate, 9.43% revenue growth, a 4.59% profit margin and a 15.92x future P/E multiple. Together, these factors indicate a more balanced risk and return profile for the stock.Narrative Update • Jan 23
UDS: Interim Finance Leadership And Earnings Resilience Will Support Upside Through 2025
Analysts have trimmed their fair value estimate for Updater Services from A$299.25 to A$295.50, reflecting slightly softer assumptions on revenue growth and profit margins, along with a modestly higher discount rate and future P/E multiple. What's in the News Board meeting scheduled for November 5, 2025 to consider and approve standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2025, along with the limited review report (Key Developments).Narrative Update • Jan 09
UDS: Higher Revenue Outlook Will Offset Lower Margin Assumptions
Analysts have reduced their price target for Updater Services from A$497.00 to A$375.00, citing updated assumptions for revenue growth, profit margins, discount rate, and future P/E. What's in the News A board meeting is scheduled for December 1, 2025 to consider the appointment of Mr. Surinder Kumar as interim Group Chief Financial Officer and Key Managerial Personnel of the company (Key Developments).Analysis Article • Dec 25
Updater Services (NSE:UDS) Is Reinvesting At Lower Rates Of Return
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Narrative Update • Dec 23
UDS: Revenue Outlook Will Support Stronger Long-Term Earnings Power
Analysts have revised their price target on Updater Services down by approximately $100.00 to around $230.00 per share, citing a lower expected fair value multiple and slightly softer long term profit margins, despite marginally improved revenue growth assumptions. What's in the News Board meeting scheduled for December 1, 2025, to approve the appointment of Surinder Kumar as interim Group Chief Financial Officer and Key Managerial Personnel, signaling a near-term transition in the finance leadership team (company filing) Board meeting on November 5, 2025, to consider and approve standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2025, including the limited review report (company filing) Valuation Changes Fair Value Estimate reduced significantly from ₹330.00 to ₹230.00 per share, reflecting a more conservative assessment of future earnings power and valuation multiples.Narrative Update • Dec 09
UDS: Stable Leadership And Earnings Outlook Will Drive Upside Through 2025
Analysts have maintained their price target for Updater Services at 299.25, reflecting unchanged expectations for long term fair value, as only negligible adjustments were made to the discount rate, revenue growth, profit margin and future valuation assumptions. What's in the News Board meeting scheduled for December 1, 2025, to approve the appointment of Mr. Surinder Kumar as interim Group Chief Financial Officer and Key Managerial Personnel, signaling an important leadership transition (company filing).Narrative Update • Nov 25
UDS: Steady Revenue Momentum Will Support Future Upside Through 2025
Analysts have lowered their price target for Updater Services from $333.25 to $299.25, citing a slightly higher discount rate, softer revenue growth projections, and modestly reduced profit margin expectations. What's in the News Updater Services Limited has scheduled a board meeting on November 5, 2025.Analysis Article • Nov 09
₹333: That's What Analysts Think Updater Services Limited (NSE:UDS) Is Worth After Its Latest Results
It's been a sad week for Updater Services Limited ( NSE:UDS ), who've watched their investment drop 15% to ₹201 in the...Narrative Update • Nov 08
UDS: Revenue Momentum And Urbanisation Trends Will Drive Long-Term Upside
Analysts have revised their price target for Updater Services down from $395 to $333.25. They cite slightly softer profit margins and valuation multiples, even though revenue growth forecasts have improved.Narrative Update • Aug 08
India Urbanisation And Automation Will Expand Outsourced Facility Services
Updater Services’ consensus price target was revised downwards, chiefly reflecting a notable decline in its future P/E multiple, with fair value reduced from ₹435.33 to ₹390.00. What's in the News Board meeting scheduled to consider and approve unaudited financial results for the quarter ended June 30, 2025, and discuss other business.Analysis Article • Aug 08
Here's What Analysts Are Forecasting For Updater Services Limited (NSE:UDS) After Its First-Quarter Results
Last week, you might have seen that Updater Services Limited ( NSE:UDS ) released its first-quarter result to the...Analysis Article • Jul 24
Impressive Earnings May Not Tell The Whole Story For Updater Services (NSE:UDS)
Updater Services Limited ( NSE:UDS ) just reported some strong earnings, and the market reacted accordingly with a...Analysis Article • May 29
Analysts Have Made A Financial Statement On Updater Services Limited's (NSE:UDS) Yearly Report
The annual results for Updater Services Limited ( NSE:UDS ) were released last week, making it a good time to revisit...Analysis Article • May 14
Estimating The Fair Value Of Updater Services Limited (NSE:UDS)
Key Insights The projected fair value for Updater Services is ₹337 based on 2 Stage Free Cash Flow to Equity Updater...Analysis Article • Mar 06
Updater Services' (NSE:UDS) Returns On Capital Not Reflecting Well On The Business
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
New Narrative • Feb 02
Investments In AI-Driven Solutions Will Increase Productivity In The BSS Segment
Focus on high-margin contracts and strategic divestments is boosting profitability and improving net margins in the IFM segment.Analysis Article • Jan 31
Earnings Report: Updater Services Limited Missed Revenue Estimates By 6.2%
The third-quarter results for Updater Services Limited ( NSE:UDS ) were released last week, making it a good time to...Analysis Article • Jan 14
Calculating The Intrinsic Value Of Updater Services Limited (NSE:UDS)
Key Insights The projected fair value for Updater Services is ₹304 based on 2 Stage Free Cash Flow to Equity With ₹324...Analysis Article • Nov 01
Earnings Update: Here's Why Analysts Just Lifted Their Updater Services Limited (NSE:UDS) Price Target To ₹470
Shareholders of Updater Services Limited ( NSE:UDS ) will be pleased this week, given that the stock price is up 12% to...Analysis Article • Jun 22
Updater Services' (NSE:UDS) Promising Earnings May Rest On Soft Foundations
Despite posting some strong earnings, the market for Updater Services Limited's ( NSE:UDS ) stock hasn't moved much...Analysis Article • May 24
Updater Services Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Last week, you might have seen that Updater Services Limited ( NSE:UDS ) released its full-year result to the market...Shareholder Returns
| UDS | IN Commercial Services | IN Market | |
|---|---|---|---|
| 7D | 0.6% | -0.4% | -1.2% |
| 1Y | -38.7% | -25.5% | -5.1% |
Return vs Industry: UDS underperformed the Indian Commercial Services industry which returned -25.5% over the past year.
Return vs Market: UDS underperformed the Indian Market which returned -5.1% over the past year.
Price Volatility
| UDS volatility | |
|---|---|
| UDS Average Weekly Movement | 7.4% |
| Commercial Services Industry Average Movement | 7.3% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in IN Market | 10.2% |
| 10% least volatile stocks in IN Market | 4.7% |
Stable Share Price: UDS has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: UDS's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 51,813 | Raghunandana Tangirala | www.uds.in |
Updater Services Limited operates an integrated business services platform in India and internationally. It operates in two segments, Integrated Facilities Management and Business Support Services. The company offers housekeeping, cleaning, disinfecting, sanitizing, pest control, horticulture, and facade cleaning services; production support services to manufacturing facilities, including material handling and movement, on-site warehouse management, stores and inventory management, production support, and equipment maintenance; engineering services, such as mechanical, electrical, and plumbing, as well as building management systems, repair and maintenance, and fire systems; and washroom and feminine hygiene care solutions.
Updater Services Limited Fundamentals Summary
| UDS fundamental statistics | |
|---|---|
| Market cap | ₹12.14b |
| Earnings (TTM) | ₹856.82m |
| Revenue (TTM) | ₹29.40b |
14.4x
P/E Ratio0.4x
P/S RatioIs UDS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| UDS income statement (TTM) | |
|---|---|
| Revenue | ₹29.40b |
| Cost of Revenue | ₹23.89b |
| Gross Profit | ₹5.50b |
| Other Expenses | ₹4.64b |
| Earnings | ₹856.82m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 12.80 |
| Gross Margin | 18.71% |
| Net Profit Margin | 2.91% |
| Debt/Equity Ratio | 0.01% |
How did UDS perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/11 13:43 |
| End of Day Share Price | 2026/06/11 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Updater Services Limited is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | 360 ONE Capital Market Private Limited |
| Deep Shah | 360 ONE Capital Market Private Limited |
| Siddharth Zabak | IIFL Research |