UCALConsumer Discretionary

UCAL LIMITED

Auto Components & Equipments · ISIN INE139B01016 · BSE 500464 · NSE BE · FV ₹10
Last price
₹140
+2.27%today
What this company does

UCAL LIMITED operates in Auto Components & Equipments, part of the Consumer Discretionary sector. It booked ₹203 cr of revenue in its latest quarter (Q1 FY27) and kept 2.9% of sales as profit.

Across six decades, UCAL has been ranked among the leading manufacturers of Fuel Management Systems and automotive components in India and overseas markets, reputed for its innovation, engineering expertise and superior quality products.
In the report:
62out of 100
Equitytale Health Score
Mixed

Healthier than 62% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 301–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
49

At close. Not part of the score.

Profitability & returns52

How much profit it earns on the money it employs

Balance sheet31

How much it owes, and whether earnings cover the interest

Cash quality100

Whether reported profit actually arrives as cash · highest in its sector on what we could measure

Growth & consistency44

Whether sales and profit have grown, and how steadily

Valuation72

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 70%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 2.9% net margin
! Low 7.2% return on equity

What if I invest in UCAL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹140 +2.27%
latest close · 2026-09-17
1-year return
-5.4%
52-wk low ₹10252-wk high ₹176
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio13.3Low
LowAverageHigh
P/B ratio0.95Below book
Below bookModerateHigh
EV / EBITDA5.8Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity7.2%Weak
WeakFairStrong ▸15%
Return on capital13.6%Fair
WeakFairStrong
Net margin2.9%Thin
ThinDecentStrong
EBITDA margin10.4%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.57Moderate
LowModerateHigh ▸1
Interest cover2.1×Okay
RiskyOkayStrong ▸5×
Current ratio0.98Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹310 cr
Book value
₹147
EPS
₹2.64
latest quarter
Net debt
₹177 cr
owes more than its cash
Enterprise value
₹487 cr
EBITDA
₹84 cr
annualised
EBIT
₹60 cr
annualised
Operating margin
7.3%
Return on assets
3.4%
Earnings yield
7.54%
P/S
0.38
Sales / share
₹367.5
Tax rate
26.1%
Face value
₹10
Shares
2.2 cr
Working capital
₹-5 cr
Current assets
₹237 cr
Current liabilities
₹243 cr
Delivery %
67.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹12₹36, midpoint ₹24

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹203 cr
Other Income₹2 cr
Total Income₹205 cr
Cost of Materials₹111 cr
Purchases of Stock-in-Trade₹9 cr
Inventory Change (±)₹-2 cr
Employee Benefit Expense₹21 cr
Finance Costs₹7 cr
Depreciation & Amortisation₹6 cr
Other Expenses₹45 cr
Total Expenses₹197 cr
Profit before Tax₹8 cr
Tax Expense₹2 cr
Net Profit₹6 cr
Net margin on total income2.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹118 cr57.5%
Employee benefit expense₹21 cr10.4%
Finance costs₹7 cr3.4%
Depreciation & amortisation₹6 cr3.0%
Other expenses₹45 cr21.8%
Tax expense₹2 cr1.0%
Profit for the period₹6 cr2.8%
Total income ₹205 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue199 cr233 cr203 cr
Total income200 cr235 cr205 cr
Expenses208 cr231 cr197 cr
Profit before tax-11 cr-11 cr8 cr
Tax-83.7 L2 cr2 cr
Net profit (owners' share)-10 cr-13 cr6 cr
Net margin (owners' share, on revenue)-4.9%-5.6%2.9%
EPS (₹)-4.38-5.952.64
YoY (latest quarter): total income +3.8% · net profit
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹680 cr
Shareholder equity
₹326 cr
parent shareholders
Total debt
₹186 cr
Cash
₹8 cr
Cash flow · H1 FY26
Operating
₹46 cr
Investing
₹-18 cr
Financing
₹-25 cr
Peer comparison
Auto Components & Equipments · by market value
CompanyPriceMarket capP/E
Samvardhana Motherson International Limited₹162₹1.71 L cr41.3
Bosch Limited₹47,735₹1.41 L cr49.8
Bharat Forge Limited₹1,919₹91,740 cr
UNO Minda Limited₹1,205₹69,583 cr58.8
Schaeffler India Limited₹3,991₹62,379 cr48.0
Tube Investments of India Limited₹2,599₹50,313 cr74.6
Sona BLW Precision Forgings Limited₹778₹48,388 cr67.1
Endurance Technologies Limited₹2,691₹37,849 cr38.7
Exide Industries Limited₹419₹35,581 cr25.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹2
ex 22 Sep 2023
ActionDetailEx-date
Dividend₹2 / share22 Sep 2023
Dividend₹2 / share19 Aug 2022
Dividend₹2 / share22 Sep 2021
Dividend₹9 / share19 Sep 2019
Dividend₹10 / share19 Sep 2018
Dividend₹5 / share20 Sep 2017
Who owns it · 2026-06-30
No pledge
Promoter
70.3%
FII / Foreign
DII / Domestic
0.0%
Retail / others
29.7%
Smart-money activity
Insider trades
BoughtJAYAKAR KRISHNAMURTHY · Promoters5.50 L · ₹7.3 cr15 Nov 22
BoughtCARBURETTORS LIMITED · Promoters13.26 L · ₹19.1 cr31 Dec 21
BoughtDR.V.KRISHNAMURTHY · Promoter Group6,685 · ₹10.6 L27 Feb 19
Bulk / block deals
SoldQE SECURITIES LLP · NSE1.48 L @ ₹240.0423 Dec 24
BoughtQE SECURITIES LLP · NSE1.47 L @ ₹240.1523 Dec 24
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE2.10 L @ ₹240.1723 Dec 24
Promoter pledges
ReleasedNot Applicable (Pledged with Kotak: Mahindra Bank, now released13.26 L · 6.00% held31 Dec 21
ReleasedExport Import Bank of India3.24 L · 7.46% held19 Jun 19
ReleasedExport Import Bank of India3.24 L · 7.46% held19 Jun 19
What shareholders were asked to approve
12 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 13 Aug 2026
See the official result
1
RE-APPOINTMENT OF MR.JAYAKAR KRISHNAMURTHY (DIN:00018987) AS MANAGING DIRECTOR (DESIGNATED AS CHAIRMAN AND MANAGING DIRECTOR) AND APPROVAL OF HIS REMUNERATION
⚑ Passed only because promoters voted yes
Backed by 34% of shareholders other than promotersneeded 75%
27,695 votes for, 53,821 against
2
TO APPROVE INCREASE IN MANAGERIAL REMUNERATION OF MR. ADITHYA SRIVATSA JAYAKAR (DIN: 08188358) DEPUTY MANAGING DIRECTOR OF THE COMPANY:
⚑ Passed only because promoters voted yes
Backed by 32% of shareholders other than promotersneeded 75%
25,996 votes for, 55,520 against
3
RE-APPOINTMENT OF MR.RAM RAMAMURTHY (DIN:06955444) AS WHOLE TIME DIRECTOR AND APPROVAL OF HIS REMUNERATION
⚑ Passed only because promoters voted yes
Backed by 34% of shareholders other than promotersneeded 75%
27,643 votes for, 53,873 against
4
RE-APPOINTMENT OF MR. RAMACHANDRAN SUNDAR (DIN:10831047) FOR SECOND TERM AS AN INDEPENDENT DIRECTOR OF THE COMPANY
⚑ Passed only because promoters voted yes
Backed by 34% of shareholders other than promotersneeded 75%
27,595 votes for, 53,821 against
5
RE-APPOINTMENT OF MR. ABHAYA SHANKAR (DIN:00008378) AS NON-EXECUTIVE NON-INDEPENDENT DIRECTOR OF THE COMPANY
⚑ Passed only because promoters voted yes
Backed by 34% of shareholders other than promotersneeded 75%
27,615 votes for, 53,901 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 6 named members
owning 70.3% between them · as of 2026-06-30
CARBURETTORS LIMITED51.19%
SOUTHERN CERAMICS PRIVATE LIMITED7.05%
MINICA REAL ESTATES PRIVATE LIMITED6.07%
JAYAKAR KRISHNAMURTHY4.09%
BANGALORE UNION SERVICES PRIVATE LIMITED1.25%
SUJO LAND AND PROPERTIES PRIVATE LIMITED0.64%
Business done with them
FY2025 · 1 of the group
The company paid ₹3 cr to companies in the promoter group last year — about 0.4% of its ₹802 cr revenue.
Jayakar Krishnamurthy
Other payments to them · Remuneration paid
also owns 4.09% of the company
₹3 cr
company paid

The company also transacted with 12 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.