Uravi T And Wedge Lamps Ltd.
Snapshot View

155.00 0.00

23 July 2021, 09:15:08 A.M.
Volume: 0

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.uravilamps.com
Financial Indicators
Market Cap 85.25 Cr.
Earnings per share (EPS) -2.39 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 91.09 Trailing Twelve Months Ending 2021-03
Book Value / Share 41.52 Trailing Twelve Months Ending 2021-03
Price to Book Value 3.73 Calculated using Price: 155.00
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 0.55 Cr. 5,500,000 Shares
FaceValue 10
Company Profile

The company was incorporated as ‘Uravi T and Wedge Lamps Private Limited’ on April 19 2004, under the Companies Act, 1956 with the Registrar of Companies, Mumbai. The status of the company was changed to a public limited company and the name of the company was changed to ‘Uravi T and Wedge Lamps Limited’ by a special resolution passed on December 11, 2017. A fresh certificate of incorporation consequent to the change of name was granted to the company on January 16, 2018, by the Registrar of Companies, Mumbai.

Business area of the Company:

The company is a lamps and lighting products manufacturing and distribution company with core focus on automotive lamps and instrument cluster lighting. It specializes in manufacturing and distributing Stop and Tail Lamps /Signal Lamps /Indicator Lamps and Wedge Lamps for Two-wheelers, Four-wheelers, Tractors and Industrial applications for various Indian automobile manufacturers. The company is ISO/TS certified and holds certifications from the Automotive Research Association of India and E-mark for the products manufactured. Keeping in line with the current technological advancements in the field of automobile and home lighting, it has recently entered into a co-operation agreement with a Philippines based company named Global Lighting Phils. Inc for developing LED lighting products vertical of the company. The LED lamps are manufactured by Global Lighting Phils. Inc. under the brand name 'UVAL' and are imported, distributed and sold in India by the company. It has recently entered into trading of LED Lamps.

Key Events and Milestones:

  • 2004: Incorporation of the company.
  • 2005: The company set up the first production line of T-10 lamps at Rabale MIDC, Navi Mumbai.
  • 2007: They purchased and shifted to a new premise at “Q6” Rajlaxmi Technopark Sonale, NH3 Road Bhiwandi. They received performance and reliability approvals for W3W lamps from BAJAJ Auto.
  • 2008: The company received ISO/TS 16949:2002 certification.
  • 2009: They increased their paid up capital to Rs 50,00,000 and received ARAI certificates for a wide range of products.
  • 2010: The company rented Unit “Q5”- Rajlaxmi Techno Park Sonale, NH3 Road Bhiwandi for manufacturing support activities such as packing, re-packing, labelling, relabeling and storage. They received E-Mark certifications in July for a range of their products. They received performance and reliability approvals for W3W and W1.7W lamps from Hero MotoCorp. 
  • 2011: The company received performance and reliability approvals for R10W & P21/5W lamps from BAJAJ Auto.
  • 2012: They started manufacturing support activities such as packing, re-packing, labeling, relabeling and storage unit in “J3A and J3B”- Rajlaxm Technopark Sonale, NH3 Road Bhiwandi. They increased the paid up capital to Rs 5,00,00,000. The company entered into a long lease for a factory in Kathua (Jammu and Kashmir) and started manufacturing process. They received performance and reliability approvals for - RY10W lamps from BAJAJ Auto and R10W & RY10W lamps from Hero Moto Corp.
  • 2013: They increased the Coating line capacity at both of their Bhiwandi and Kathua units.
  • 2014: The company started construction of New building which is attached to the main building at “Q6”Rajlaxmi Technopark Sonale, NH3 Road Bhiwandi.
  • 2016: The company got the trademark 'UVAL' (Word) registered.
  • 2017: Quality management system – ISO/TS 16949:2000 re-certification was granted. The company increased the authorized share capital to Rs 6,00,00,000.
  • 2018: Conversion of the company into Public Limited Company.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
1 Month
3 Month
+6.16%
6 Month
+14.81%
1 Year
+61.46%
2 Year
+39.64%
5 Year
8 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 9.98 7.56 9.83 11.13 10.19 18.92 14.53 7.36
Return on Capital Employed (%) 12.92 13.06 14.10 13.38 12.86 17.84 15.98 9.55
Return on Assets (%) 2.38 1.85 2.54 3.20 3.43 8.21 6.98 3.51

Balance Sheet View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 7 8 9 10 11 18 21 23
Non Curr. Liab. 5 4 3 3 2 1 4 3
Curr. Liab. 18 20 21 19 17 18 19 22
Minority Int.
Equity & Liab. 30 32 33 32 29 38 44 48
Non Curr. Assets 16 16 17 16 15 14 17 17
Curr. Assets 14 16 16 15 15 24 27 31
Misc. Exp. not W/O
Total Assets 30 32 33 32 29 38 44 48

Profit Loss View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 23 26 27 32 29 34 35 36
Other Income 0 0 0 0 0 0 0 0
Total Income 23 26 27 32 29 34 35 37
Total Expenditure -19 -22 -22 -27 -24 -28 -28 -31
PBIDT 4 4 5 5 5 7 7 6
Interest -2 -2 -3 -2 -2 -2 -2 -2
Depreciation -1 -1 -1 -1 -1 -1 -2 -2
Taxation 0 0 0 -1 -1 -1 -1 0
Exceptional Items
PAT 1 1 1 1 1 3 3 2

Cash Flow View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 4 2 5 2 3 2 -1 -1
Cash Fr. Inv. -5 -1 -2 -1 -1 -1 -5 -2
Cash Fr. Finan. 1 0 -2 -3 -2 4 3 3
Net Change 0 1 1 -2 0 5 -3 0
Cash & Cash Eqvt 1 2 2 0 0 6 3 3

Shareholding Pattern View Details

8 Qtrs 2017-09 (%) 2018-03 (%) 2018-09 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%)
Promoter 100.00 72.73 72.73 72.73 72.73 72.73 72.73 72.73
Public 0.00 27.27 27.27 27.27 27.27 27.27 27.27 27.27
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 29.95 29.95 0.00 0.00

Announcements View Details

No Corporate Announcement found.

Technical Scans View Details

No Scans Found

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. 220,222.41 7,290.20 -0.1%
Bajaj Auto Ltd. 111,312.26 3,846.75 -0.2%
Tata Motors Ltd. 98,164.90 295.65 -2.3%
Mahindra & Mahindra Ltd. 95,010.99 764.25 +0.8%
Motherson Sumi Systems Ltd. 74,432.51 235.70 -0.6%
Eicher Motors Ltd. 69,811.10 2,553.55 -0.2%
Hero MotoCorp Ltd. 56,666.41 2,836.30 -0.1%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-03 50.17 7,290.20 -0.1%
Bajaj Auto Ltd. Consolidated 2021-06 19.77 3,846.75 -0.2%
Tata Motors Ltd. Consolidated 2021-03 0.00 295.65 -2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 52.42 764.25 +0.8%
Motherson Sumi Systems Ltd. Consolidated 2021-03 71.63 235.70 -0.6%
Eicher Motors Ltd. Consolidated 2021-03 51.83 2,553.55 -0.2%
Hero MotoCorp Ltd. Consolidated 2021-03 19.42 2,836.30 -0.1%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-03 4.19 7,290.20 -0.1%
Bajaj Auto Ltd. Consolidated 2021-06 3.93 3,846.75 -0.2%
Tata Motors Ltd. Consolidated 2021-03 1.78 295.65 -2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 2.30 764.25 +0.8%
Motherson Sumi Systems Ltd. Consolidated 2021-03 6.37 235.70 -0.6%
Eicher Motors Ltd. Consolidated 2021-03 6.10 2,553.55 -0.2%
Hero MotoCorp Ltd. Consolidated 2021-03 3.68 2,836.30 -0.1%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 0.00 7,290.20 -0.1%
Bajaj Auto Ltd. Consolidated 2021-03 0.00 3,846.75 -0.2%
Tata Motors Ltd. Consolidated 2021-03 2.46 295.65 -2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 1.95 764.25 +0.8%
Motherson Sumi Systems Ltd. Consolidated 2020-03 1.13 235.70 -0.6%
Eicher Motors Ltd. Consolidated 2020-03 0.01 2,553.55 -0.2%
Hero MotoCorp Ltd. Consolidated 2021-03 0.02 2,836.30 -0.1%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 11.52 7,290.20 -0.1%
Bajaj Auto Ltd. Consolidated 2021-03 18.60 3,846.75 -0.2%
Tata Motors Ltd. Consolidated 2021-03 -22.17 295.65 -2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 0.57 764.25 +0.8%
Motherson Sumi Systems Ltd. Consolidated 2020-03 11.98 235.70 -0.6%
Eicher Motors Ltd. Consolidated 2020-03 19.13 2,553.55 -0.2%
Hero MotoCorp Ltd. Consolidated 2021-03 20.03 2,836.30 -0.1%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 14.71 7,290.20 -0.1%
Bajaj Auto Ltd. Consolidated 2021-03 24.16 3,846.75 -0.2%
Tata Motors Ltd. Consolidated 2021-03 -1.27 295.65 -2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 6.52 764.25 +0.8%
Motherson Sumi Systems Ltd. Consolidated 2020-03 12.08 235.70 -0.6%
Eicher Motors Ltd. Consolidated 2020-03 24.36 2,553.55 -0.2%
Hero MotoCorp Ltd. Consolidated 2021-03 25.96 2,836.30 -0.1%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 75,660.00 7,290.20 -0.1%
Bajaj Auto Ltd. Consolidated 2021-03 27,741.08 3,846.75 -0.2%
Tata Motors Ltd. Consolidated 2021-03 249,794.75 295.65 -2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 89,026.76 764.25 +0.8%
Motherson Sumi Systems Ltd. Consolidated 2020-03 63,536.80 235.70 -0.6%
Eicher Motors Ltd. Consolidated 2020-03 9,153.58 2,553.55 -0.2%
Hero MotoCorp Ltd. Consolidated 2021-03 30,959.19 2,836.30 -0.1%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 5,559.20 7,290.20 -0.1%
Bajaj Auto Ltd. Consolidated 2021-03 4,550.70 3,846.75 -0.2%
Tata Motors Ltd. Consolidated 2021-03 -13,016.14 295.65 -2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 230.44 764.25 +0.8%
Motherson Sumi Systems Ltd. Consolidated 2020-03 1,237.00 235.70 -0.6%
Eicher Motors Ltd. Consolidated 2020-03 1,795.73 2,553.55 -0.2%
Hero MotoCorp Ltd. Consolidated 2021-03 2,982.61 2,836.30 -0.1%