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Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Ultra Wiring Connectivity Systems Ltd

About the Company - Ultra Wiring Connectivity Systems Ltd

Ultra Wiring Connectivity Systems Ltd. is a Public Limited Listed company incorporated on 01/06/2005 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L31300HR2005PLC082730 and registration number is 137050. Currently company belongs to the Industry of Auto Ancl - Electrical. Company’s Total Operating Revenue is Rs. 29.46 Cr. and Equity Capital is Rs. 5.20 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Auto Ancl - ElectricalPlot No.287, 287 A, 287B, Sector-59, Faridabad Haryana 121004info@ultrawiring.com
http://www.ultrawiring.com
Management
NamePosition Held
Mr. Sanjay MathurManaging Director
Mrs. Archana MathurDirector
Mr. Rajindarr AhujaIndependent Director
Mr. Aditya MathurIndependent Director

Ultra Wiring Connectivity Systems Ltd. Share Price Update

Share PriceValue
Today₹112.90
Previous Day₹112.90

Basic Stock Data of Ultra Wiring Connectivity Systems Ltd

Market Cap 58.8 Cr.
Current Price 113
High / Low141/82.1
Stock P/E26.6
Book Value 35.9
Dividend Yield0.00 %
ROCE16.9 %
ROE13.7 %
Face Value 10.0

Data Source: screener.in

Competitors of Ultra Wiring Connectivity Systems Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Industry Average0 Cr0000%0%0%0

Ultra Wiring Connectivity Systems Ltd Quarterly Results

MonthMar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Sep 2023
Sales9.318.789.686.7614.2314.1215.3426.3023.51
Expenses8.378.028.705.9713.0312.9713.7823.3420.74
Operating Profit0.940.760.980.791.201.151.562.962.77
OPM %10.10%8.66%10.12%11.69%8.43%8.14%10.17%11.25%11.78%
Other Income0.100.080.100.080.250.110.090.030.01
Interest0.160.200.110.180.160.150.140.180.26
Depreciation0.190.170.240.280.310.320.340.400.57
Profit before tax0.690.470.730.410.980.791.172.411.95
Tax %36.23%25.53%26.03%26.83%38.78%26.58%22.22%32.37%27.18%
Net Profit0.440.350.540.300.610.590.921.631.42
EPS in Rs0.850.671.040.581.171.131.773.132.73

Ultra Wiring Connectivity Systems Ltd Quarterly Chart

Ultra Wiring Connectivity Systems Ltd Profit & Loss

MonthMar 2011Mar 2012Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Sales8.849.0714.9617.7219.8818.4620.9829.4644.33
Expenses8.408.5713.6015.6017.9316.7118.9726.7239.99
Operating Profit0.440.501.362.121.951.752.012.744.34
OPM %4.98%5.51%9.09%11.96%9.81%9.48%9.58%9.30%9.79%
Other Income0.000.000.220.150.180.180.330.200.10
Interest0.000.000.110.250.270.320.360.320.50
Depreciation0.080.100.370.380.380.410.590.660.92
Profit before tax0.360.401.101.641.481.201.391.963.02
Tax %36.11%62.50%30.91%27.44%31.76%26.67%34.53%23.47%26.49%
Net Profit0.240.160.751.181.010.890.911.502.23
EPS in Rs8.155.4321.553.081.941.711.752.884.29
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Ultra Wiring Connectivity Systems Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2011-20122017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-33.33%57.33%-14.41%-11.88%2.25%64.84%48.67%
Change in YoY Net Profit Growth (%)0.00%90.67%-71.74%2.53%14.13%62.59%-16.17%

Ultra Wiring Connectivity Systems Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:20%
3 Years:34%
TTM:50%
Compounded Profit Growth
10 Years:%
5 Years:14%
3 Years:35%
TTM:47%
Stock Price CAGR
10 Years:%
5 Years:31%
3 Years:57%
1 Year:14%
Return on Equity
10 Years:%
5 Years:10%
3 Years:11%
Last Year:14%

Ultra Wiring Connectivity Systems Ltd Balance Sheet

MonthMar 2011Mar 2012Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital0.250.290.353.835.205.205.205.205.205.20
Reserves1.562.014.452.156.607.448.349.8512.0713.49
Borrowings0.921.133.673.395.044.984.393.835.126.22
Other Liabilities4.734.756.789.076.647.5410.6111.3513.5315.68
Total Liabilities7.468.1815.2518.4423.4825.1628.5430.2335.9240.59
Fixed Assets2.042.445.425.575.658.3910.4710.5312.7517.48
CWIP0.000.000.000.543.161.650.000.000.000.00
Investments0.000.000.000.000.000.000.000.000.000.00
Other Assets5.425.749.8312.3314.6715.1218.0719.7023.1723.11
Total Assets7.468.1815.2518.4423.4825.1628.5430.2335.9240.59

Ultra Wiring Connectivity Systems Ltd Reserves and Borrowings Chart

Ultra Wiring Connectivity Systems Ltd Cash Flow

MonthMar 2011Mar 2012Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 0.000.00-0.321.651.650.932.191.072.13
Cash from Investing Activity 0.000.00-0.57-0.92-0.92-1.46-0.74-0.52-3.07
Cash from Financing Activity 0.000.000.46-0.49-0.49-0.65-0.93-0.850.80
Net Cash Flow0.000.00-0.430.230.23-1.180.52-0.30-0.14

Ultra Wiring Connectivity Systems Ltd Financial Efficiency Indicators

MonthMar 2011Mar 2012Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days190.35185.92211.78214.22192.60239.05230.34176.92149.19
Inventory Days6.107.0833.5144.6947.1346.6924.22
Days Payable211.75256.81159.95199.56247.45180.76144.06
Cash Conversion Cycle190.35185.926.13-35.5266.1684.1830.0242.8629.36
Working Capital Days25.1945.8879.0567.36119.71141.57123.17103.0881.18
ROCE %12.99%21.08%13.35%8.82%9.85%12.39%16.91%

Ultra Wiring Connectivity Systems Ltd Financial Efficiency Indicators Chart

Ultra Wiring Connectivity Systems Ltd Share Holding Pattern

MonthOct 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
Promoters73.56%73.56%73.56%73.56%73.56%73.56%73.56%73.56%73.56%74.02%74.13%
Public26.44%26.44%26.45%26.44%26.45%26.44%26.45%26.44%26.44%25.98%25.87%
No. of Shareholders191170157153151142137137134130134

Ultra Wiring Connectivity Systems Ltd Shareholding Pattern Chart

No. of Ultra Wiring Connectivity Systems Ltd Shareholders

This stock is not held by any mutual fund

Ultra Wiring Connectivity Systems Ltd ROCE Trend

Ultra Wiring Connectivity Systems Ltd EPS Trend

Ultra Wiring Connectivity Systems Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)4.282.891.751.712.26
Diluted EPS (Rs.)4.282.891.751.712.26
Cash EPS (Rs.)6.054.152.882.492.66
Book Value[Excl.RevalReserv]/Share (Rs.)33.2028.9226.0324.2922.68
Book Value[Incl.RevalReserv]/Share (Rs.)33.2028.9226.0324.2922.68
Dividend / Share (Rs.)0.000.000.000.100.10
Revenue From Operations / Share (Rs.)85.2056.6140.3235.4738.20
PBDIT / Share (Rs.)8.515.604.463.683.99
PBIT / Share (Rs.)6.744.333.332.903.26
PBT / Share (Rs.)5.813.772.672.322.84
Net Profit / Share (Rs.)4.282.891.751.711.94
PBDIT Margin (%)9.989.8811.0710.3810.44
PBIT Margin (%)7.917.658.268.188.54
PBT Margin (%)6.816.666.636.537.43
Net Profit Margin (%)5.015.104.324.815.07
Return on Networth / Equity (%)12.889.986.707.038.54
Return on Capital Employeed (%)15.4411.669.498.579.92
Return On Assets (%)6.194.963.183.534.29
Long Term Debt / Equity (X)0.240.210.280.320.39
Total Debt / Equity (X)0.290.250.280.340.39
Asset Turnover Ratio (%)1.341.000.780.750.94
Current Ratio (X)1.731.771.731.972.28
Quick Ratio (X)1.581.551.571.802.10
Inventory Turnover Ratio (X)13.219.458.748.9718.90
Dividend Payout Ratio (NP) (%)0.000.000.005.850.00
Dividend Payout Ratio (CP) (%)0.000.000.004.010.00
Earning Retention Ratio (%)0.000.000.0094.150.00
Cash Earning Retention Ratio (%)0.000.000.0095.990.00
Interest Coverage Ratio (X)9.1310.056.796.289.41
Interest Coverage Ratio (Post Tax) (X)5.596.183.653.915.57
Enterprise Value (Cr.)51.1523.4518.7316.6419.47
EV / Net Operating Revenue (X)1.150.790.890.900.97
EV / EBITDA (X)11.558.058.068.689.38
MarketCap / Net Operating Revenue (X)1.050.680.750.680.82
Retention Ratios (%)0.000.000.0094.140.00
Price / BV (X)2.701.351.171.001.39
Price / Net Operating Revenue (X)1.050.680.750.680.82
EarningsYield0.040.070.050.070.06

Ultra Wiring Connectivity Systems Ltd Profitability Ratios (%)

Ultra Wiring Connectivity Systems Ltd Liquidity Ratios

Ultra Wiring Connectivity Systems Ltd Liquidity Ratios (%)

Ultra Wiring Connectivity Systems Ltd Interest Coverage Ratios (X)

Ultra Wiring Connectivity Systems Ltd Valuation Ratios

Fair Value / Intrinsic Value of Ultra Wiring Connectivity Systems Ltd

Fair Value: ₹133.44

The stock is undervalued by 18.09% compared to the current price ₹113

*Investments are subject to market risks

Strength and Weakness of Ultra Wiring Connectivity Systems Ltd

StrengthWeakness
  1. The company has higher reserves (6.80 cr) compared to borrowings (3.87 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (20.41 cr) and profit (1.39 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 5.25 and average Dividend Yield of 8.11%.
  2. The stock has a low average ROCE of 10.60%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 87.35, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 66.61, which may not be favorable.

Should I Buy Ultra Wiring Connectivity Systems Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Ultra Wiring Connectivity Systems Ltd:
    1. Net Profit Margin: 5.01%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 15.44% (Industry Average ROCE: 0%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 5.59
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 1.58
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✗ Stock P/E: 26.6 (Industry average Stock P/E: 0)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.29
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Ultra Wiring Connectivity Systems Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE