MoneyWorks4Me

Uniparts India Ltd (UNIPARTS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543689 NSE: UNIPARTS Engineering - Industrial Equipments | Small Cap | Uniparts India Share Price

₹896.90 3.45 (0.39%)

As on 11-Sep'26 16:59

Uniparts India Ltd (UNIPARTS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543689 NSE: UNIPARTS Engineering - Industrial Equipments | Small Cap | Uniparts India Share Price

₹896.90 3.45 (0.39%)

As on 11-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹4,050 Cr.
Current Price
₹896.9
52-Week Low / High
₹400 / 913
TTM EPS
₹40
TTM Sales
₹1,244 Cr.
Book Value per Share
₹204.8
P/E Ratio
22.45
Higher than its 5-year historical median
Industry PE
58.4
Price to Book (P/B)
4.38
Higher than its 5-year historical median
Price to Sales (P/S)
3.26
Higher than its 5-year historical median
EV/EBITDA
13.80
Higher than its 5-year historical median
Dividend Yield
4.21%
Profitability Efficiency
Return on Equity (ROE)
18.05%
Outperforms industry median
Return on Capital Employed (ROCE)
22.35%
Outperforms industry median
Return on Assets (ROA)
13.06%
Operating Profit Margin
21.1%
Net Profit Margin
13.53%
Gross Profit Margin
21.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
24.99%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
79.87%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
79.91%
Asset Quality
Promoter Holding
65.88%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹880 Cr.
Equity
₹45.2 Cr.
Face Value
₹10
All Time Low / High
₹260.00 / 913.45

Uniparts India stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Strong
Q.1 Is Uniparts India Ltd a good quality company?
Uniparts India Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Uniparts India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Uniparts India Ltd vs industry peers?
Uniparts India Ltd revenue CAGR is 3.94%, compared to the industry median CAGR of 6.62%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Uniparts India Ltd?
Promoters hold 65.88% of the Uniparts India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Uniparts India Ltd over the last decade?
Over the last 3 year(s), the stock has delivered a CAGR of 13.9% based on the current price.

10 Year X-Ray :

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.
Uniparts India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 7.6%7.3%9.3%5.7%14%33.1%37.9%29.7%16%28.5%-
Value Creation
Index
-0.5-0.5-0.3-0.6-01.41.71.10.11.0-

Growth Parameters

Sales 412529653538591883929705574717747
Sales YoY Gr.-28.6%23.4%-17.6%9.9%49.3%5.3%-24.2%-18.6%25%-
Adj EPS 2.21.75.83.58.725.432.53017.234.135.1
YoY Gr.--23.3%250.3%-40.1%150.3%193%28.2%-7.7%-42.8%98.6%-
BVPS (₹) 51.554.858.960.471.189.4111.6123.2126.9121.5126.5
Adj Net
Profit
9.77.426.115.639.111514713677.6154159
Cash Flow from Ops. 38.516.46.29372.455.715384.797.660.5-
Debt/CF from Ops. 3.39.335.91.91.51.600.60.71.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 6.4%3.9%-8.3%25%
Adj EPS 36%31.6%1.6%98.6%
BVPS10%11.3%2.9%-4.3%
Share Price - - 15.3% 117.7%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
4.33.110.25.813.231.632.625.713.727.428.3
Op. Profit
Mgn %
7.25.88.88.211.415.317.512.98.214.315
Net Profit
Mgn %
2.41.442.96.61315.819.213.521.521.2
Debt to
Equity
0.60.60.90.60.30.200.10.10.1-
Working Cap
Days
182162158189167133131164189159127
Cash Conv.
Cycle
114969512510685881061036779

Valuation of Uniparts India - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales6938421,0619079031,2271,3661,1409641,170
Operating Expenses + 6357569238147909741,077951828927
Manufacturing Costs196257241179175231231203168198
Material Costs242282372329353402488423355390
Employee Cost 158177222212185220240246230256
Other Costs 3940879477122120797584
Operating Profit 588613893113253289189135243
Operating Profit Margin (%) 8.4%10.2%13.0%10.2%12.5%20.6%21.1%16.6%14.0%20.8%
Other Income + 1014235511825223121
Exceptional Items 000000000-3
Interest 9918188666810
Depreciation 20213035373739424445
Profit Before Tax 40719274119229268163114206
Tax 13172212276163392647
Profit After Tax 275470639116920512588158
PAT Margin (%) 3.8%6.4%6.6%6.9%10.1%13.8%15.0%10.9%9.1%13.5%
Adjusted EPS (₹)5.912.015.614.020.437.845.927.619.535.1
Dividend Payout Ratio (%)0%0%7.70%0%0%24.30%31%50.70%73.10%107.60%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 315362419461554681830868886868
Share Capital 45454545454545454545
Reserves 270317374416510637785823841823
Debt +18123532923812012215618389
Long Term Debt18244822659219
Short Term Debt1632102822161141175598280
Minority Interest0000000000
Trade Payables618870539090708491135
Others Liabilities 9090140148129139142116110163
Total Liabilities 6467749588998931,0311,0571,1291,1701,255

Fixed Assets

Net Fixed Assets +250252356340322325337330325353
Gross Block432455584599593632648667691750
Accumulated Depreciation182203228259270308311337366397
CWIP 123191022713129
Investments 00001025156245205
Inventories227304367353339442453424386430
Trade Receivables101116145123168194155133113141
Cash Equivalents 691517111439193347
Others Assets 50636656505441535669
Total Assets 6467749588998931,0311,0571,1291,1701,255
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 68-6-613315385253200182174
PBT 40719274119229268163114206
Adjustment 22223530413033393545
Changes in Working Capital 18-78-1124021-114153659-30
Tax Paid -12-21-20-12-27-61-63-39-26-47
Cash Flow From Investing Activity + -24-42-108-10-16-33-54-161-10620
Capex -25-42-109-11-15-35-30-34-30-26
Net Investments 0000-11-25-130-8736
Others 000111131110
Cash Flow From Financing Activity + -4347125-123-141-49-175-59-62-181
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -12623-26-16-15-7-17
Interest Paid -7-7-16-16-5-5-5-4-7-8
Dividend Paid 00-5-70-40-54-90-64-170
Others -2447123-75-120-3-1214311-10
Net Cash Flow 0-111-0-4324-201413
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)8.7415.8217.8314.2417.9827.3327.1214.6910.0418.05
ROCE (%)9.2914.1715.9112.4118.0131.3733.0319.0112.8922.35
Asset Turnover Ratio1.091.191.220.981.011.281.311.040.840.97
PAT to CFO Conversion(x)2.52-0.11-0.092.111.680.51.231.62.071.1
Working Capital Days
Receivable Days51.7046.7044.905458.7053.8046.7046.3046.6039.60
Inventory Days118.40114.60115.60144.90139.80116.10119.60140.50153.40127.20
Payable Days89.3095.8077.106873.8081.7059.9066.7090.10106.10

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Uniparts India Ltd FAQs

The current trading price of Uniparts India on 11-Sep-2026 16:59 is ₹896.9.

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 10-Sep-2026 the market cap of Uniparts India stood at ₹4,050.5 Cr

The latest P/E ratio of Uniparts India as of 10-Sep-2026 is 25.54.

The latest P/B ratio of Uniparts India as of 10-Sep-2026 is 7.09.

The 52-week high of Uniparts India is ₹913.5 and the 52-week low is ₹399.9.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Uniparts India is ₹747 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Uniparts India Ltd is a good quality company.

The key valuation ratios of Uniparts India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

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

About Uniparts India Ltd

The company was incorporated as ‘Uniparts India Limited’ under the Companies Act, 1956 at Delhi, pursuant to a certificate of incorporation dated September 26, 1994 issued by the Registrar of Companies, Delhi and Haryana at Delhi (RoC). The company received a certificate of commencement of business on September 7, 1998 from the RoC.

Uniparts India is a global manufacturer of engineered systems and solutions and is one of the leading suppliers of systems and components for the off-highway market in the agriculture and construction, forestry and mining (CFM) and aftermarket sectors on account of its presence across many countries. It is a concept-to-supply player for precision products for off-highway vehicles (OHVs) with presence across the value chain. Its product portfolio includes core product verticals of 3-point linkage systems (3PL) and precision machined parts (PMP) as well as adjacent product verticals of power take off (PTO), fabrications and hydraulic cylinders or components thereof. It has a leading presence in the manufacture of 3PL and PMP products globally on account of it serving some of the largest global companies. Most of its products are structural and load bearing parts of the equipment and are subject to strict tolerances, specifications and process controls. A series of precision engineering process steps converge in to manufacturing of these products. It also caters to the aftermarket segment especially for 3PL product range. It provides replacements of 3PL parts to organized aftermarket retailers and distributors in North America, Europe, South Africa and Australia.

The company offers fully integrated engineering solutions from conceptualization, development and validation to implementation and manufacturing of its products. The conceptualization stage involves acquiring market intelligence, assessing customer requirement and formulating customized strategy for individual customers. The development phase includes product designing, material procurement and processing. This is followed by the validation phase, which involves prototyping, testing and feasibility analysis. Its in-house manufacturing and implementation competencies include forging, machining, fabrications, heat treatment, surface finish, logistics, quality and testing, design and validation. By means of servicing its aftermarket segment customers, its products find indirect access to a large set up of retail stores across geographies for aftermarket components. Within the aftermarket category, it is focused on the ‘will-fit’ parts segment, sold to distributors and retail chain stores.

Business area of the company

The company is a manufacturer of engineered systems and solutions. The company provides comprehensive solutions and manufacture high-quality, critical products and components for Off Highway Vehicles (OHV) industry, including complete assemblies of precision engineered products and end-to-end solutions ranging from product conceptualization, design, prototyping, testing, development and assembly to customized packaging and delivery.

Awards and Accreditations

  • 1998: UOI was awarded with (i) outstanding supplier performance; and (ii) recognition to the people of Olsen for their excellence in quality, teamwork and customer service, by Dubuque Works.
  • 2000: UOI was awarded with ‘10 Year Hall of Fame’ (1991 – 2000) by John Deere Davenport Works.
  • 2002: The Company was awarded with ‘All India Certificate of Export Excellence’ in recognition of achieving highest exports during 2001–2002 amongst SSI units in the Agricultural Machinery Panel by Engineering Export Promotion Council.
  • 2002: GFPL was awarded with ‘All India Trophy for Highest Exporters’ in the category of capital goods exporters – SSI during 2001 – 2002 by Engineering Export Promotion Council.
  • 2003: The Company was awarded with ‘All India Certificate of Export Excellence’ in recognition of achieving highest exports during 2002–2003 amongst SSI units in the Agricultural Machinery Panel by Engineering Export Promotion Council.
  • 2005: UOI was awarded with ‘15 Year Hall of Fame’ (1991–2005) by John Deere.
  • 2007: The Company was awarded with ‘All India Award for Export Excellence’ for special contribution for highest growth in exports as large enterprise by Engineering Export Promotion Council.
  • 2008: The Company was awarded with a gold trophy for ‘Top Exporter of the year’ 2007-2008 by Engineering Export Promotion Council.
  • 2010: Recognition at JCB Annual Supplier Conference by JCB India Limited.
  • 2013: The Company won the first prize at CII Kaizen Competition.
  • 2014: The Company was awarded with ‘Best Supplier Award’ for overall performance by Tractors and Farm Equipment Limited.
  • 2014: The Company was awarded with ‘Kubota India GM Award’.
  • 2015: The Company was ranked at 432 by the Fortune India Next 500.
  • 2016: Uniparts Group was awarded with ‘Company with Great Managers’ Trophy at the Great Manager Awards.
  • 2017: The Company was awarded with ‘Innovative use of Training and Development as an HR Initiative for OD’ by Global Training Development Leadership.
  • 2018: The Company was awarded two awards at the 9th National Kaizen Competition by Chamber of Industrial & Commercial Undertaking.
  • 2018: The Company was awarded with ‘Special Trophy for Excellence in Exports of MEIS items 2015-20 Large Enterprise’ by Engineering Export Promotion Council.
  • 2018: The Company was awarded with ‘Best Supplier Award’ for outstanding contribution in co-creating value by TAFE.
  • 2019: The Company was awarded with ‘Overall Excellence in Procurement and Sourcing Cost Reduction’ in Procurement Tech Summit and Awards 2019.
  • 2019: The Company won a silver trophy at the CII National Kaizen Circle Competition 2019.
  • 2020: The Company was awarded ‘Most Versatile Supplier 2020’ by Kubota India.
  • 2021: The Company was recognized as “A Most Emerging Supplier” by Kubota Manufacturing Trading Japan.
  • 2021: The Company was awarded the “Delivery Performance Award” by Kubota Agriculture India.
  • 2022: The Company was awarded with a “Certificate of Excellence” for the year 2021 at the Indian Supplier Meet – 2022 by Kubota India.

Major events

  • 1994: Incorporation of the Company.
  • 2000: Commenced sales to domestic OEMs in agriculture sector in India and developed its 3PL OEM product vertical.
  • 2000: Established the first facility in Noida, Uttar Pradesh.
  • 2001: Commenced sales to John Deere in India.
  • 2002: Commenced sales to John Deere in Spain.
  • 2003: Commenced sales to John Deere in the USA.
  • 2004: Commenced sales to OEMs in Japan.
  • 2005: Consolidated various businesses into the Company including those of Gripwel Fasteners, Farmparts Company and SKG Engineering Private Limited.
  • 2005: Incorporated UUL as a wholly owned subsidiary and acquired a majority stake in UOI.
  • 2005: Acquired a manufacturing and distribution facility in the USA, in Eldridge, Iowa.
  • 2005: Commenced sales to OEMs in the construction sector in the USA.
  • 2005: Set up a warehousing and distribution facility in Augusta, Georgia.
  • 2006: Commenced manufacturing products for the PMP vertical in India.
  • 2007: Acquired the balance equity stake in UOI.
  • 2007: Acquired 50% + 1 share equity interest in Kavee (a joint venture with Kramp), which owned 100% interest in Uniparts Kavee Services B.V.
  • 2007: Ashoka Investment Holdings Limited and Ambadevi Mauritius Holding Limited made an equity investment in the Company.
  • 2007: Consolidated the business of Sweaty Spirit Apparel Limited (formerly known as Ace Tractor Parts Limited) into the Company.
  • 2007: Started manufacturing hydraulic cylinder components in one of the Noida facilities in Uttar Pradesh.
  • 2008: Commenced operations at the manufacturing facility located at Visakhapatnam, Andhra Pradesh.
  • 2008: GFPL became a wholly owned subsidiary of the Company.
  • 2010: Set up a warehousing and distribution facility in Hennef, Germany.
  • 2011: Started sales to the hydraulics market in USA from the manufacturing facility located at Visakhapatnam, Andhra Pradesh.
  • 2012: Commenced sale of components for the European construction OEM market.
  • 2013: Sold entire equity interest in Kavee, with effect from April 1, 2012, to Kramp.
  • 2017: Added raw material storage space in Noida, Uttar Pradesh.
  • 2018: Commenced sales to Kobelco.
  • 2018: Added warehousing space at facility in Augusta, USA.
  • 2018: Added additional distribution centre and office space in Noida, Uttar Pradesh.
  • 2018: Moved the warehousing facility of UUL to new larger leased location in Richmond County, Georgia.
  • 2021: Incorporation of GCPL, a wholly owned subsidiary of Company.
  • 2022: Uniparts Europe B.V. was liquidated and de-registered and is therefore no longer a direct Subsidiary of Company.
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