UCAL Limited
UCAL Limited engages in the manufacturers of fuel management systems for the automotive sector in India. The company offers air & fuel systems emission controls, powertrain, including fuel injection system parts, mechanical carburetor, mechanical throttle body assembly, intake throttle valve, electronic throttle body, hydro carbon doser, fuel rails, electric air suction valve, electric purge valv… Read more
UCAL Limited (UCAL) - Net Assets
Latest net assets as of September 2023: ₹3.86 Billion INR
Based on the latest financial reports, UCAL Limited (UCAL) has net assets worth ₹3.86 Billion INR as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹8.79 Billion) and total liabilities (₹4.93 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹3.86 Billion |
| % of Total Assets | 43.93% |
| Annual Growth Rate | 4.77% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.39 |
UCAL Limited - Net Assets Trend (2021–2023)
This chart illustrates how UCAL Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for UCAL Limited (2021–2023)
The table below shows the annual net assets of UCAL Limited from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-03-31 | ₹3.93 Billion | +0.46% |
| 2022-03-31 | ₹3.92 Billion | +9.24% |
| 2021-03-31 | ₹3.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to UCAL Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 18.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹1.75 Billion | 44.45% |
| Other Components | ₹2.18 Billion | 55.55% |
| Total Equity | ₹3.93 Billion | 100.00% |
UCAL Limited Competitors by Market Cap
The table below lists competitors of UCAL Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Straits Inter Logistics Bhd
KLSE:0080
|
$7.08 Million |
|
Ekopak BV
BR:EKOP
|
$7.09 Million |
|
Agricore CS Holdings Berhad
KLSE:0309
|
$7.09 Million |
|
Belararox Ltd
AU:BRX
|
$7.09 Million |
|
Sona Topas Tourism Industry
JK:SONA
|
$7.08 Million |
|
Aqua Bio Technology ASA
OL:ABTEC
|
$7.08 Million |
|
Vape Holdings Inc
NASDAQ:VAPE
|
$7.08 Million |
|
Focus Dynamics Group Bhd
KLSE:0116
|
$7.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in UCAL Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,915,276,000 to 3,933,385,000, a change of 18,109,000 (0.5%).
- Net income of 8,525,000 contributed positively to equity growth.
- Dividend payments of 44,227,000 reduced retained earnings.
- Other factors increased equity by 53,811,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹8.53 Million | +0.22% |
| Dividends Paid | ₹44.23 Million | -1.12% |
| Other Changes | ₹53.81 Million | +1.37% |
| Total Change | ₹- | 0.46% |
Book Value vs Market Value Analysis
This analysis compares UCAL Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.55x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | ₹162.07 | ₹98.37 | x |
| 2022-03-31 | ₹177.05 | ₹98.37 | x |
| 2023-03-31 | ₹177.87 | ₹98.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently UCAL Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.10%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 1.99x
- Recent ROE (0.22%) is below the historical average (5.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 8.05% | 4.22% | 0.80x | 2.39x | ₹-69.80 Million |
| 2022 | 8.91% | 4.51% | 1.00x | 1.99x | ₹-42.67 Million |
| 2023 | 0.22% | 0.10% | 1.05x | 1.99x | ₹-384.81 Million |
Industry Comparison
This section compares UCAL Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $13,046,583,226
- Average return on equity (ROE) among peers: 17.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| UCAL Limited (UCAL) | ₹3.86 Billion | 8.05% | 1.28x | $7.08 Million |
| Apollo Tyres Limited (APOLLOTYRE) | $34.01 Billion | 18.01% | 1.52x | $1.47 Billion |
| Asahi India Glass Limited (ASAHIINDIA) | $26.42 Billion | 14.05% | 1.57x | $816.27 Million |
| Automotive Stampings and Assemblies Limited (ASAL) | $562.65 Million | 17.77% | 2.25x | $18.73 Million |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $221.89 Million |
| Automotive Axles Limited (AUTOAXLES) | $3.02 Billion | 6.60% | 0.72x | $86.08 Million |
| Autoline Industries Limited (AUTOIND) | $1.39 Billion | 7.99% | 2.15x | $11.92 Million |
| Balkrishna Industries Limited (BALKRISIND) | $8.61 Billion | 22.59% | 1.53x | $1.99 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $1.36 Billion | 31.89% | 0.52x | $286.08 Million |
| BELRISE INDUSTRIES LTD (BELRISE) | $20.45 Billion | 15.34% | 1.78x | $541.77 Million |
| Bharat Forge Limited (BHARATFORG) | $24.21 Billion | 12.59% | 2.14x | $5.17 Billion |