United Credit Ltd. Stock Analysis

Small Cap

Evaluated by 47 users | BSE: 531091 | NSE: |
Finance - NBFC

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

What is a Financial Track Record? How to read this chart in order to understand the data present here?

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19
Operating Income (Rs. Cr.)	0.8	2.2	2.1	2.2	1.9	2	1.8	2.1	2.4	2.6
Y-o-Y Gr. Rt.	-	179.2%	-2.8%	7.2%	-15.6%	3.2%	-9.2%	18.1%	15.3%	6.2%
Adjusted EPS (Rs.) Adjusted Earning per Share is the company’s net profit per share after adjusting for extra-ordinary/exceptional items	2.66	1.64	1.09	-5.94	0.73	0.98	0.11	1.46	1.24	4.16
Y-o-Y Gr. Rt.	-	-38.4%	-33.5%	-645%	NA	34.3%	-88.8%	1227.3%	-15.1%	235.5%
Book Value per Share (Rs.) The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share	42.54	43.27	44.32	38.38	38.06	39.02	39.14	40.59	41.84	46
Y-o-Y Gr. Rt.	-	1.7%	2.4%	-13.4%	-0.8%	2.5%	0.3%	3.7%	3.1%	9.9%

To view Net Profit/Total Funds (%) Colour Rating Guide click here

Net Profit/Total Funds (%)

6.47

3.91

2.74

-13.27

2.71

2.41

0.27

3.48

2.89

8.83

Difference between Standalone Basis and Consolidated basis? Which method is preferred for United Credit Ltd. ?

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

United Credit Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Operating Income	14.3%	6.3%	13.1%	6.2%
Adjusted EPS Adjusted Earnings per Share is the Company’s net profit per share after adjusting for extra-ordinary/exceptional items.	5.1%	41.6%	235.7%	235.5%
Book Value per Share	0.9%	3.9%	5.5%	9.9%
Share Price	-8.6%	-15.7%	-15.4%	-43.2%

Key Financial Ratios

RATIOS \ YEARS	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here Asset Quality Ratio: Colour Rating Guide <0.5 : Very Good 0.5-1 : Somewhat Good >1 : Not Good
Net NPA to Net Advances (%)	0	0	0	0	0	0	0	0	0	0
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here Capitalization Ratio: Colour Rating Guide >17% : Very Good 15%-17% : Somewhat Good <15% : Not Good
Capital Adequacy Ratio (%)	0	0	0	0	0	0	0	0	0	0
Margins
Net Profit Margin (%)	210.75	47	34.15	-141.5	30.39	26.81	3.39	37.22	27.47	86.58
Performance Ratios To view Performance Ratios Colour Rating Guide click here Performance Ratios: Colour Rating Guide >15 : Very Good 12-15 : Somewhat Good <12 : Not Good
Return on Equity (%)	7.29	4.41	3.06	-14.37	2.83	2.54	0.29	3.66	3.01	9.47

Management X-Ray

Shareholding Pattern

Entity	Percentage Holding
Promoters	57.85%
Institutions	0.54%
Non-Institutions	41.62%

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

FAQs

1. Is United Credit a good quality company?

Data is not available for this company.

2. Is current market price of United Credit a good price to buy it?

The 5-year analysis of United Credit's performance infers:

United Credit earnings have grown by 41.6%, whereas share price has depreciated -15.7% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

3. What United Credit's share price return in the past 10 years

We analysed the performance of United Credit share prices over the last 10 years. Here is what we found out:

United Credit share price has depreciated -10.7% annually over the past ten years.

About Company

United Credit (UCL), formerly known as United India Credit & Development Company Limited was formed in the year 1970 is the successor to the erstwhile United Bank of India Limited (UBIL). Consequent upon nationalization of the banking sector, the undertaking of UBIL became vested in the corresponding new bank, United bank of India, and by way of a scheme of amalgamation approved by the Honâ€™ble High court at Calcutta by an Order dated 23.8.1974, UBIL was merged with UCDCL, and, the

The Company is mainly divided operationally into the lease, hire purchase, consumer financing, investment and capital market operation. The overall management of the company is vested in the Board of Directors of the Company. Ravi Poddar is the Chairman of the Board and A.K. Dabriwala is functioning as the Managing Director of the company.

UCL is a Non-Banking Financial Company registered with Reserve Bank of India. Its main business is hire purchase, leasing and other financial services. However, it has started diversifying into other areas.

Business area of the company includes:

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