UDSServices

Updater Services Limited

Diversified Commercial Services · ISIN INE851I01011 · BSE 543996 · NSE EQ · FV ₹10
Last price
₹188
-1.23%today
What this company does

Updater Services Limited operates in Diversified Commercial Services, part of the Services sector. It booked ₹764 cr of revenue in its latest quarter (Q1 FY27) and kept 3.9% of sales as profit.

Mission and Vision The company has strategically evolved into a leading, end-to-end integrated To be an essential partner of every business services platform, enterprise by delivering exceptional transitioning from a traditional business services. Integrated Facilities Management (IFM) provider to a diversified enterprise that also offers Business Support Services (BSS).
In the report:
69out of 100
Equitytale Health Score
Solid

Healthier than 69% of companies in Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 29–116 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)
32

At close. Not part of the score.

Profitability & returns49

How much profit it earns on the money it employs

Balance sheet86

How much it owes, and whether earnings cover the interest

Cash quality66

Whether reported profit actually arrives as cash

Valuation64

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

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 9% vs last year
Promoters hold 59%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 3.9% net margin

What if I invest in UDS?

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 10% a year, it would become
₹20.15 lakh

The slider starts at 10%, taken from this company's own revenue 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 We do not publish price targets or predict returns.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
₹188 -1.23%
latest close · 2026-09-17
52-wk low ₹18642 sessions so far52-wk high ₹240
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 ratio10.6Low
LowAverageHigh
P/B ratio1.20Moderate
Below bookModerateHigh
EV / EBITDA5.6Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.3%Fair
WeakFairStrong ▸15%
Return on capital11.6%Fair
WeakFairStrong
Net margin3.9%Thin
ThinDecentStrong
EBITDA margin6.1%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover25.1×Strong
RiskyOkayStrong ▸5×
Current ratio2.32Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,260 cr
Book value
₹157
EPS
₹4.44
latest quarter
Net debt
₹-208 cr
more cash than debt
Enterprise value
₹1,052 cr
EBITDA
₹187 cr
annualised
EBIT
₹138 cr
annualised
Operating margin
4.5%
Return on assets
7.3%
Earnings yield
9.43%
P/S
0.41
Sales / share
₹456.6
Tax rate
8.7%
Face value
₹10
Shares
6.7 cr
Working capital
₹598 cr
Current assets
₹1,050 cr
Current liabilities
₹453 cr
Delivery %
49.1%
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
Looks overpricedMedium confidence
Median of 3 models ₹120 vs market price ₹188 — price is 56% above it
Safety cushion-56.4%(target ≥ +20%)
Models span ₹87₹189, midpoint ₹120
Model ₹120
Price ₹188
Cheap sideExpensive side

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₹764 cr
Other Income₹4 cr
Total Income₹769 cr
Cost of Materials₹22 cr
Purchases of Stock-in-Trade₹1 cr
Inventory Change (±)₹-1 cr
Employee Benefit Expense₹601 cr
Finance Costs₹1 cr
Depreciation & Amortisation₹12 cr
Other Expenses₹100 cr
Total Expenses₹736 cr
Profit before Tax₹33 cr
Tax Expense₹3 cr
Net Profit₹30 cr
Net margin on total income3.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹22 cr2.8%
Employee benefit expense₹601 cr78.2%
Finance costs₹1 cr0.2%
Depreciation & amortisation₹12 cr1.6%
Other expenses₹100 cr13.0%
Tax expense₹3 cr0.4%
Profit for the period₹30 cr3.9%
Total income ₹769 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue767 cr743 cr764 cr
Total income770 cr750 cr769 cr
Expenses760 cr713 cr736 cr
Profit before tax5 cr36 cr33 cr
Tax-1 cr9 cr3 cr
Net profit (owners' share)9 cr28 cr30 cr
Net margin (owners' share, on revenue)1.2%3.8%3.9%
EPS (₹)1.374.194.44
YoY (latest quarter): total income +9.0% · net profit +4.0%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹1,640 cr
Shareholder equity
₹1,052 cr
parent shareholders
Total debt
₹10.2 L
Cash
₹209 cr
Cash flow · H1 FY25
Operating
₹35 cr
Investing
₹-34 cr
Financing
₹31 cr
Peer comparison
Diversified Commercial Services · by market value
CompanyPriceMarket capP/E
International Gemological Institute Limited₹315₹13,591 cr20.5
WeWork India Management Limited₹683₹9,464 cr
Nesco Limited₹1,082₹7,619 cr19.1
Inox Green Energy Services Limited₹175₹7,012 cr43.2
Indiabulls Limited₹30₹6,637 cr11.6
Bluspring Enterprises Limited₹124₹6,520 cr
Smartworks Coworking Spaces Limited₹520₹5,941 cr113.0
LEAP India Limited₹136₹5,619 cr56.8
Quess Corp Limited₹353₹5,272 cr16.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.53%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 5 Aug 2026
ActionDetailEx-date
Dividend₹1 / share5 Aug 2026
Who owns it · 2026-06-30
No pledge
Promoter
59.1%
FII / Foreign
3.5%
DII / Domestic
9.4%
Retail / others
28.0%
Promoter stake up 0.6% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtRaghunandana Tangirala · Promoters8,000 · ₹13.6 L9 Dec 25
BoughtRaghunandana Tangirala · Promoters10,000 · ₹16.7 L8 Dec 25
BoughtRaghunandana Tangirala · Promoters7,000 · ₹12.0 L5 Dec 25
Bulk / block deals
BoughtSIS LIMITED · NSE10.13 L @ ₹234.593 Sep 26
BoughtSIS LIMITED · NSE5.25 L @ ₹216.3719 Aug 26
BoughtSIS LIMITED · NSE6.54 L @ ₹193.7117 Jul 26
Stake changes
BoughtSIS Limited→ 7.33% · 14.47 L31 Jul 26
BoughtSIS Ltd→ 5.17% · 1.96 L3 Jul 26
BoughtSIS Ltd→ 5.17% · 1.96 L3 Jul 26
What shareholders were asked to approve
5 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.

Yearly shareholder meeting · 25 Aug 2026
See the official result
1
1. To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: a) the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Report of the Board of Directors and the Auditors thereon;
Backed by 100% of shareholders other than promotersneeded 50%
77.23 L votes for, 289 against · 0% of mutual funds and other big investors said no
2
2. To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: a) the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Report of the Auditors thereon.
Backed by 99% of shareholders other than promotersneeded 50%
76.73 L votes for, 50,107 against · 1% of mutual funds and other big investors said no
3
3. Re-appointment of Mrs. Jigyasa Sharma (DIN: 10474292), Executive Director of the Company, liable to retire by rotation.
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 36% of shareholders other than promotersneeded 50%
27.51 L votes for, 49.72 L against · 75% of mutual funds and other big investors said no
4
4. Re-appointment of Mr. Raghunandana Tangirala (DIN: 00628914) as Chairperson & Managing Director of the Company for a period of five (5) years commencing from January 01, 2027, to December 31, 2031.
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 25% of shareholders other than promotersneeded 75%
19.27 L votes for, 57.46 L against · 88% of mutual funds and other big investors said no

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 59.1% between them · as of 2026-06-30
Tangirala Raghunandana24.12%
Shanthi Tangirala20.00%
Tangi Facility Solutions Private Limited10.71%
Venkata Subbiah Sarma Tangirala3.50%
Jigyasa Sharma0.75%
Anjan Sarmano shares
Business done with them
FY2025 · 3 of the group
The company paid ₹4 cr to companies in the promoter group last year — about 0.1% of its ₹2,736 cr revenue and received ₹65 L back from them.
Raghunandana Tangirala
Other payments to them · Rent expense
also owns 24.12% of the company
₹3 cr
company paid
Tangirala Shanthi
Other payments to them · Services Received - Rent
also owns 20.00% of the company
₹76.2 L
company paid
Raghunandana Tangirala
Contribution received from them · Rent expense
also owns 24.12% of the company
₹65 L
company received
Raghunandana Tangirala
Contribution made to them · Rent expense
also owns 24.12% of the company
₹65 L
company paid
Jigyasa Sharma
Other payments to them · Others
also owns 0.75% of the company
₹1 L
company paid
Jigyasa Sharma
Description Of Nature Of Related Party Relationship · Others
also owns 0.75% of the company
₹0 L
company received
Raghunandana Tangirala
Description Of Nature Of Related Party Relationship · Rent expense
also owns 24.12% of the company
₹0 L
company received
Tangirala Shanthi
Description Of Nature Of Related Party Relationship · Services Received - Rent
also owns 20.00% of the company
₹0 L
company received

The company also transacted with 11 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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹38 cr raised in Oct 2023 by selling shares to the public

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet. ICRA LIMITED watches the spending on the exchange’s behalf.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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