Uravi T and Wedge Lamps Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: January 15, 2025, 12:06 am

Market Cap	450 Cr.
Current Price	412
High / Low	670/254
Stock P/E	268
Book Value	35.1
Dividend Yield	0.00 %
ROCE	10.2 %
ROE	8.83 %
Face Value	10.0
PEG Ratio	8.98

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Uravi T and Wedge Lamps Ltd

Competitors of Uravi T and Wedge Lamps Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Varroc Engineering Ltd	6,998 Cr.	458	717/432	41.1	105	0.00 %	17.5 %	41.9 %	1.00
Uravi T and Wedge Lamps Ltd	450 Cr.	412	670/254	268	35.1	0.00 %	10.2 %	8.83 %	10.0
Lumax Industries Ltd	2,141 Cr.	2,289	3,045/1,960	16.2	745	1.53 %	17.2 %	17.6 %	10.0
Fiem Industries Ltd	3,638 Cr.	1,382	1,790/981	18.9	354	1.45 %	26.6 %	20.1 %	10.0
Industry Average	3,306.75 Cr	1,135.25		86.05	309.78	0.75%	17.88%	22.11%	7.75

All Competitor Stocks of Uravi T and Wedge Lamps Ltd

Quarterly Result

Metric	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Sales	8.85	9.24	8.46	7.36	8.76	10.62	11.53	11.08
Expenses	7.64	7.44	7.13	6.90	7.30	8.88	9.97	9.41
Operating Profit	1.21	1.80	1.33	0.46	1.46	1.74	1.56	1.67
OPM %	13.67%	19.48%	15.72%	6.25%	16.67%	16.38%	13.53%	15.07%
Other Income	0.06	0.18	0.29	0.19	0.18	0.19	0.06	0.26
Interest	0.30	0.70	0.58	0.47	0.54	0.56	0.60	0.57
Depreciation	0.53	0.56	0.55	0.55	0.57	0.58	0.60	0.62
Profit before tax	0.44	0.72	0.49	-0.37	0.53	0.79	0.42	0.74
Tax %	-22.73%	50.00%	32.65%	-2.70%	-16.98%	27.85%	9.52%	25.68%
Net Profit	0.54	0.36	0.33	-0.36	0.62	0.58	0.38	0.55
EPS in Rs	0.49	0.33	0.30	-0.33	0.56	0.53	0.35	0.50

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Metric	Mar 2011	Mar 2012	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	10.19	16.11	29.44	28.94	33.82	35.22	36.14	27.80	31.34	33.90	41.99	44.32
Expenses	8.29	12.89	24.56	24.32	27.29	28.24	30.73	25.49	26.23	29.02	35.57	37.75
Operating Profit	1.90	3.22	4.88	4.62	6.53	6.98	5.41	2.31	5.11	4.88	6.42	6.57
OPM %	18.65%	19.99%	16.58%	15.96%	19.31%	19.82%	14.97%	8.31%	16.31%	14.40%	15.29%	14.82%
Other Income	0.00	0.00	0.15	0.15	0.13	0.27	0.34	0.60	0.28	0.71	0.69	0.71
Interest	0.74	1.68	2.07	1.75	1.66	1.55	1.89	1.87	2.18	2.12	2.26	2.29
Depreciation	0.20	0.47	1.40	1.43	1.46	1.65	1.87	2.35	2.09	2.19	2.36	2.40
Profit before tax	0.96	1.07	1.56	1.59	3.54	4.05	1.99	-1.31	1.12	1.28	2.49	2.59
Tax %	27.08%	32.71%	39.74%	33.96%	22.03%	29.14%	18.59%	-24.43%	33.93%	32.03%	14.46%
Net Profit	0.69	0.72	0.94	1.05	2.76	2.87	1.62	-0.99	0.73	0.87	2.13	1.96
EPS in Rs	6.90	0.72	0.94	1.05	2.51	2.61	1.47	-0.90	0.66	0.79	1.94	1.79
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2011-2012	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	4.35%	11.70%	162.86%	3.99%	-43.55%	-161.11%	173.74%	19.18%	144.83%
Change in YoY Net Profit Growth (%)	0.00%	7.35%	151.16%	-158.87%	-47.54%	-117.56%	334.85%	-154.56%	125.65%

Uravi T and Wedge Lamps Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2011-2012 to 2023-2024.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: January 13, 2025, 2:35 pm

Month	Mar 2011	Mar 2012	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	0.50	5.00	5.00	5.00	5.50	5.50	5.50	5.50	5.50	11.00	11.00	11.00
Reserves	0.84	1.57	4.73	5.78	12.84	15.71	17.34	16.39	17.13	12.43	14.52	27.64
Borrowings	9.97	12.62	16.67	14.55	13.67	16.66	20.41	22.91	22.90	22.85	24.57	25.04
Other Liabilities	1.45	1.86	6.73	4.00	4.44	4.33	4.15	3.01	3.72	5.27	5.43	5.60
Total Liabilities	12.76	21.05	33.13	29.33	36.45	42.20	47.40	47.81	49.25	51.55	55.52	69.28
Fixed Assets	6.63	10.80	14.78	14.27	13.47	16.63	16.78	15.62	15.49	14.93	14.72	14.21
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.05	0.23	0.00	2.95	2.54	2.62
Investments	0.00	0.00	0.06	0.06	0.06	0.06	0.06	0.67	0.92	0.01	0.01	10.83
Other Assets	6.13	10.25	18.29	15.00	22.92	25.51	30.51	31.29	32.84	33.66	38.25	41.62
Total Assets	12.76	21.05	33.13	29.33	36.45	42.20	47.40	47.81	49.25	51.55	55.52	69.28

Reserves and Borrowings Chart

No data available for this post.

Free Cash Flow

Month	Mar 2011	Mar 2012	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-8.07	-9.40	-11.79	-9.93	-7.14	-9.68	-15.00	-20.60	-17.79	-17.97	-18.15

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2011	Mar 2012	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	138.62	123.48	115.92	102.79	101.13	108.51	131.70	160.97	142.79	119.84	118.57
Inventory Days			182.90	152.26	159.35	228.96	233.80	286.16	358.76	366.65	339.45
Days Payable			112.35	57.75	60.91	28.74	32.53	37.52	44.98	76.63	70.13
Cash Conversion Cycle	138.62	123.48	186.47	197.31	199.56	308.72	332.97	409.60	456.57	409.86	387.89
Working Capital Days	166.92	184.88	172.71	142.90	145.91	197.73	239.36	343.73	320.86	301.15	272.95
ROCE %		18.03%		12.91%	18.14%	16.03%	9.57%	1.27%	8.37%	7.43%	9.86%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2021	Sep 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	72.73%	72.73%	72.73%	72.73%	72.73%	72.73%	72.73%	72.73%	72.73%	72.73%	72.73%	72.73%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.61%
Public	27.27%	27.28%	27.26%	27.27%	27.27%	27.27%	27.27%	27.28%	27.26%	27.27%	27.27%	23.66%
No. of Shareholders	87	87	86	133	150	236	258	279	535	1,061	1,462	1,580

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	1.94	0.79	1.33	-1.80	2.95
Diluted EPS (Rs.)	1.94	0.79	1.33	-1.80	2.95
Cash EPS (Rs.)	4.09	2.78	5.14	2.48	6.36
Book Value[Excl.RevalReserv]/Share (Rs.)	23.20	21.30	41.14	39.80	41.52
Book Value[Incl.RevalReserv]/Share (Rs.)	23.20	21.30	41.14	39.80	41.52
Revenue From Operations / Share (Rs.)	38.17	30.82	57.02	50.54	65.74
PBDIT / Share (Rs.)	6.46	5.02	9.70	5.22	10.39
PBIT / Share (Rs.)	4.31	3.03	5.89	0.94	6.98
PBT / Share (Rs.)	2.26	1.16	2.03	-2.38	3.62
Net Profit / Share (Rs.)	1.94	0.78	1.33	-1.80	2.95
PBDIT Margin (%)	16.92	16.29	17.00	10.34	15.80
PBIT Margin (%)	11.30	9.83	10.32	1.86	10.62
PBT Margin (%)	5.92	3.76	3.55	-4.71	5.49
Net Profit Margin (%)	5.08	2.55	2.33	-3.56	4.48
Return on Networth / Equity (%)	8.36	3.70	3.23	-4.52	7.10
Return on Capital Employeed (%)	15.88	11.74	11.74	2.01	14.92
Return On Assets (%)	3.84	1.68	1.48	-2.07	3.42
Long Term Debt / Equity (X)	0.13	0.15	0.16	0.13	0.07
Total Debt / Equity (X)	0.94	0.96	1.00	1.04	0.86
Asset Turnover Ratio (%)	0.78	0.67	0.64	0.58	0.80
Current Ratio (X)	1.48	1.44	1.47	1.39	1.40
Quick Ratio (X)	0.76	0.76	0.83	0.84	0.90
Inventory Turnover Ratio (X)	1.32	1.17	1.19	1.37	1.85
Interest Coverage Ratio (X)	3.15	2.68	2.51	1.57	3.09
Interest Coverage Ratio (Post Tax) (X)	1.95	1.42	1.35	0.45	1.88
Enterprise Value (Cr.)	360.05	144.83	89.60	100.52	71.75
EV / Net Operating Revenue (X)	8.57	4.27	2.86	3.62	1.98
EV / EBITDA (X)	50.66	26.22	16.80	34.98	12.55
MarketCap / Net Operating Revenue (X)	8.04	3.64	2.19	2.89	1.52
Price / BV (X)	13.23	5.28	3.04	3.67	2.41
Price / Net Operating Revenue (X)	8.04	3.64	2.19	2.89	1.52
EarningsYield	0.01	0.01	0.01	-0.01	0.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Uravi T and Wedge Lamps Ltd as of February 23, 2025 is: ₹677.79

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 23, 2025, Uravi T and Wedge Lamps Ltd is Undervalued by 64.51% compared to the current share price ₹412.00

Intrinsic Value of Uravi T and Wedge Lamps Ltd as of February 23, 2025 is: 880.04

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 23, 2025, Uravi T and Wedge Lamps Ltd is Undervalued by 113.60% compared to the current share price ₹412.00

Last 5 Year EPS CAGR: 29.84%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (30.77 cr) and profit (1.74 cr) over the years.	The stock has a low average ROCE of 9.24%, which may not be favorable. The stock has a high average Working Capital Days of 226.28, which may not be favorable. The stock has a high average Cash Conversion Cycle of 286.46, which may not be favorable. The company has higher borrowings (18.57) compared to reserves (12.24), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Uravi T and Wedge Lamps Ltd:
1. Net Profit Margin: 5.08%
  - 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: 15.88% (Industry Average ROCE: 17.88%)
  - 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. ROE%: 8.36% (Industry Average ROE: 22.11%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.95
  - 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.
5. Quick Ratio: 0.76
  - 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.
6. Stock P/E: 268 (Industry average Stock P/E: 86.05)
  - 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.
7. Total Debt / Equity: 0.94
  - 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 is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Uravi T & Wedge Lamps Ltd. is a Public Limited Listed company incorporated on 19/04/2014 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L31500MH2004PLC145760 and registration number is 145760. Currently Company is involved in the business activities of Manufacture of electric lighting equipment. Company's Total Operating Revenue is Rs. 41.99 Cr. and Equity Capital is Rs. 11.00 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Auto Ancl - Equipment Lamp	Shop No. 329 Avior, Nirmal Galaxy, Mumbai Maharashtra 400080	info@uravilamps.com http://www.uravilamps.com

Management
Name	Position Held
Mr. Niraj Damji Gada	Managing Director & CEO
Mr. Kaushik Damji Gada	WholeTime Director & CFO
Mr. Brijesh Aggarwal	Non Executive Director
Ms. Shreya Ramkrishnan	Ind. Non-Executive Director
Mr. Sreedhar Ramachandran Ayalur	Ind. Non-Executive Director
Mr. Niken Shah	Ind. Non-Executive Director

FAQ

What is the latest intrinsic value of Uravi T and Wedge Lamps Ltd?

The latest intrinsic value of Uravi T and Wedge Lamps Ltd as on 30 January 2025 is ₹677.79, which is 64.51% higher than the current market price of ₹412.00, indicating the stock is undervalued by 64.51%. The stock has a market capitalization of 450 Cr. and recorded a high/low of 670/254 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹27.64 Cr and total liabilities of 69.28 Cr.

What is the Market Cap of Uravi T and Wedge Lamps Ltd?

The Market Cap of Uravi T and Wedge Lamps Ltd is 450 Cr..

What is the current Stock Price of Uravi T and Wedge Lamps Ltd as on 30 January 2025?

The current stock price of Uravi T and Wedge Lamps Ltd as on 30 January 2025 is 412.

What is the High / Low of Uravi T and Wedge Lamps Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Uravi T and Wedge Lamps Ltd stocks is 670/254.

What is the Stock P/E of Uravi T and Wedge Lamps Ltd?

The Stock P/E of Uravi T and Wedge Lamps Ltd is 268.

What is the Book Value of Uravi T and Wedge Lamps Ltd?

The Book Value of Uravi T and Wedge Lamps Ltd is 35.1.

What is the Dividend Yield of Uravi T and Wedge Lamps Ltd?

The Dividend Yield of Uravi T and Wedge Lamps Ltd is 0.00 %.

What is the ROCE of Uravi T and Wedge Lamps Ltd?

The ROCE of Uravi T and Wedge Lamps Ltd is 10.2 %.

What is the ROE of Uravi T and Wedge Lamps Ltd?

The ROE of Uravi T and Wedge Lamps Ltd is 8.83 %.

What is the Face Value of Uravi T and Wedge Lamps Ltd?

The Face Value of Uravi T and Wedge Lamps Ltd is 10.0.