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Ultracab (India) Ltd. Stock Analysis

Small Cap
Evaluated by 46 users | BSE: 538706 | NSE: |
Cable
Ultracab India was incorporated in the year 2007 as ‘Ultracab (India) Private Limited’ under the provisions of the Companies Act, 1956 vide certificate of incorporation dated December 19, 2007 bearing registration no. 052394 of 2007 issued by the Registrar of Companies, Gujarat,...

Analysis of Financial Track Record

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.
Value Creation
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 8.91%10.27%10.65%7.73%12.59%9.18%7.25%5.59%6.17%7.41%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 10.615.922.728.731.735.141.338.949.273.2
Y-o-Y Gr. Rt.-49.2%43.1%26.2%10.5%10.6%17.7%-5.8%26.7%48.7%
Adjusted EPS (Rs.) 0.610.380.420.280.990.290.470.240.610.94
Y-o-Y Gr. Rt.--37.7%10.5%-33.3%253.6%-70.7%62.1%-48.9%154.2%54.1%
Book Value per Share (Rs.) 3.335.646.4677.9412.4814.1214.3614.8515.68
Adjusted Net Profit 0.20.20.30.20.80.40.60.30.81.2
Net Op. Cash Flow (Rs. Cr.) -1.1-0.3-1-0.41.3-6.3-0.10.5-2.20
Debt to Cash Flow from Ops -5.7-27.45-12.21-27.4312.49-1.94-232.5631.38-10.4623.6
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.
Ultracab (India) Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 23.9%18.2%21.1%48.7%
Adjusted EPS 4.9%-1%26%54.1%
Book Value per Share 18.814.63.65.6
Share Price - -7.8% -15.6% 5.5%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 18.2610.667.344.3913.133.293.621.664.186.14
Operating Profit Margin (%) 11.149.639.667.312.5210.428.27.898.346.8
Net Profit Margin (%) 1.381.351.240.762.4211.450.781.581.63
Debt to Equity 8.012.412.682.212.620.810.820.841.21.33
Working Capital Days 0229245252245249231288258207
Cash Conversion Cycle 0141175176153178191221192156
Entity Percentage Holding
Promoters 66.91%
Non-Institutions 33.09%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Ultracab's performance infers:

Ultracab earnings have declined by -1%, whereas share price has depreciated -7.8% 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.

Data is not available for this company

Ultracab India was incorporated in the year 2007 as ‘Ultracab (India) Private Limited’ under the provisions of the Companies Act, 1956 vide certificate of incorporation dated December 19, 2007 bearing registration no. 052394 of 2007 issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli. Subsequently, the company was converted into a public limited company vide fresh certificate of incorporation dated July 30, 2014 and consequently the name of the

Ultracab India was incorporated in the year 2007 as ‘Ultracab (India) Private Limited’ under the provisions of the Companies Act, 1956 vide certificate of incorporation dated December 19, 2007 bearing registration no. 052394 of 2007 issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli. Subsequently, the company was converted into a public limited company vide fresh certificate of incorporation dated July 30, 2014 and consequently the name of the company was changed to ‘Ultracab (India) Limited’. The company is engaged in the manufacture and export of wires and cables in India. The company is working in this domain for more than 6 years. It is using advanced technology and machineries for manufacturing quality products. It started business with PVC cables and wires in India which are now supplied across different networks worldwide. The company produces durable and reliable cables and wires, and its products have earned reputation in the market. Because of its manufacturing skills and technical expertise in electrical industry, the company is able to make strong market presence in India. The company’s quality products are sold not only in India but also in countries like UK, UA.E, Africa, Singapore, Uganda etc.

The company’s manufacturing facility is situated at Shapar (Rajkot, Gujarat) India. Its facility involves modern technology, tools, high-tech machines which spin out the quality standard of cables. The company’s manufacturing facility, spread over 11483.19 sq m area and has 100 per cent in house facility from wire drawing machine until testing on finished products. The company is popular for delivering quality electrical products before committed time frame. It also offers customized business solution to the clients without any delay and at competitive prices.

The company’s strong national distribution network bonds it with clients. The company has successfully met the needs of its diverse client base by implementing cutting-edge technology and modern machineries in its set up. It has a strong footing in the overseas market due to cables and wires manufactured under strict quality control measures. It offers the quality products after following the recognized quality standards. It has a well-equipped research and development unit that helps the company immensely to offer innovative products to clients. R&D is always a boon for staying ahead of others in this extremely competitive environment and its cables and wires have always assisted in the growth of a substantial segment of Indian industry.

 

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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