United Credit Ltd - Stock Valuation and Financial Performance

BSE: 531091 | NSE: | Finance - NBFC | Small Cap

United Credit Share Price

19.79 0.63 3.29%
as on 28-Mar'24 16:01

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United Credit stock performance -

mw4me loader
P/E Ratio (SA):
7.60
Market Cap:
10.5 Cr.
52-wk low:
11.8
52-wk high:
30.1

Is United Credit Ltd an attractive stock to invest in?

1. Is United Credit Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that United Credit Ltd is a below average quality company.

2. Is United Credit Ltd undervalued or overvalued?

The key valuation ratios of United Credit Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is United Credit Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of United Credit Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of United Credit:

Analysis of Financial Track Record

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

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

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.
United Credit Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Operating Income (₹ Cr.)1.921.82.12.42.62.92.72.72.92
YoY Gr. Rt. %-3.2%-9.2%18.1%15.3%9.1%9.9%-6.2%-0.4%7.4%-
Adj EPS (₹ ) 0.710.11.51.23.91.71.61.41.42.6
YoY Gr. Rt. %-34.3%-88.8%1227.3%-15.1%216.9%-57.3%-2.4%-13.4%-4.2%-
BVPS (₹ )38.13939.140.641.845.746.648.249.75153.3
YoY Gr. Rt. %-2.5%0.3%3.7%3.1%9.3%1.9%3.5%3%2.7%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)2.72.40.33.52.98.43.33.22.72.60

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest Income4.9%3.8%0.1%7.4%
Adj EPS7.2%1.9%-6.8%-4.2%
BVPS3.3%4%3.1%2.7%
Share Price 1.7% 1.9% 20.8% 51.5%

Key Financial Ratios

RATIOS \ YEARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)0000000000-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 0000000000-
Margins
Net Profit Margin (%)30.426.83.437.227.579.730.932.2282564.1
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)2.82.50.33.7393.63.52.92.74.9

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.00%

Total Income has increased 0.12 CAGR in last 3 years

Total income growth is good in last 4 quarters

Net Profit has declined -6.80 CAGR in last 3 years

Latest Financials - United Credit Ltd.

Standalone Consolidated
TTM EPS (₹) 2.6 -3
TTM Sales (₹ Cr.) 2.2 11.2
BVPS (₹.) 53.3 0
Reserves (₹ Cr.) 23 14
P/BV 0.37 0.00
PE 7.60 0.00
From the Market
52 Week Low / High (₹) 11.84 / 30.06
All Time Low / High (₹) 2.00 / 65.60
Market Cap (₹ Cr.) 10.5
Equity (₹ Cr.) 5.3
Face Value (₹) 10
Industry PE 31

Management X-Ray of United Credit:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of United Credit

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Income1.961.972.582.122.537.912.962.782.872.92
Interest Income1.891.951.772.092.412.632.892.712.702.90
Other Income 0.070.030.810.040.125.290.070.070.170.03
Expenditure 1.121.152.301.461.454.321.781.581.592.06
Interest Expense 0.0200.020.020.0200000.01
Operating Expenses 11.091.271.381.351.341.451.221.231.62
Provisions 0.100.061.020.060.082.970.330.360.360.43
Exceptional Items 0000000000
Profit Before Tax 0.840.820.280.661.083.591.181.201.280.87
Taxes 0.270.300.22-0.120.411.500.290.320.520.14
Profit After Tax 0.580.520.060.780.662.090.900.870.750.72
Adjusted EPS (₹)0.71.00.11.51.23.91.71.61.41.4
Dividend Payout Ratio (%)0%0%0%0%0%18%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Equity Capital20.4420.9621.0221.7922.4524.5324.9825.8726.6327.34
Share Capital 5.495.495.495.495.495.495.495.495.495.49
Reserves 14.9515.4615.5216.3016.9619.0419.4920.3721.1421.85
Minority Interest0000000000
Long Term Borrowings-0.78-0.39-0.34-0.79-0.470.800.910.910.830.49
Current Liabilities 1.531.501.481.511.341.171.180.400.410.65
Trade Payables000000.100.190.380.400.56
Short term borrowings0000000000
Other Liabilities00000-0.10-0.19-0.38-0.40-0.56
Total Liabilities 21.1822.0622.1522.5123.3226.5027.0827.1727.8728.49

Assets

Non Current Asset 12.2112.4312.1711.6611.6511.3211.0810.8610.9710.50
Loan Asset 0000000000
Other Non Current Asset 12.2112.4312.1711.6611.6511.3211.0810.8610.9710.50
Current Asset 8.979.639.9810.8511.6715.181616.3116.9017.99
Current Investment0000000000
Other Current Asset8.979.639.9810.8511.6715.181616.3116.9017.99
Total Assets 21.1822.0622.1522.5123.3226.5027.0827.1727.8728.49

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.950.040.070.31-0.14-2.480.300.940.410.31
Cash Flow From Investing Activity -0.02-0.15-0.04-0.010.032.61-0.020-0.44-0.13
Cash Flow From Financing Activity -0.930.110.04-0.08-0.08-0.02-0.45-0.8700.13
Net Cash Flow 000.080.22-0.190.12-0.160.06-0.030.30
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Operational & Financial Ratios

EPS (₹)1101142211
DPS (₹)0000010000
BVPS (₹)38393941424647485051

Performance Ratios

ROA (%)2.72.40.33.52.98.43.33.22.72.6
ROE (%)2.82.50.33.73.09.03.63.52.92.7
ROCE (%)4.14.01.43.24.915.34.84.74.93.2

Valuation Parameters

Price/Book(x)0.40.50.30.30.40.40.40.20.30.3

United Credit Ltd Stock News

United Credit Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of United Credit on 28-Mar-2024 16:01 is ₹19.79.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of United Credit stood at ₹10.54.
The latest P/E ratio of United Credit as of 28-Mar-2024 16:01 is 7.60.
The latest P/B ratio of United Credit as of 28-Mar-2024 16:01 is 0.37.
The 52-week high of United Credit is ₹30.06 and the 52-week low is ₹11.84.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of United Credit is ₹2.17 ( Cr.) .

About United Credit Ltd

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 Hon’ble High court at Calcutta by an Order dated 23.8.1974, UBIL was merged with UCDCL, and, the assets and liabilities of United Bank of India Limited were acquired by UCDCL, in 1989 Mr. Ravi Poddar took over the management of the Company.

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:

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.

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