Uniparts India Ltd
UNIPARTSUniparts India Ltd's earnings have outrun its stock. EPS grew +79.8% in a year against a +75.8% price move.
The sharpest disagreement: the engine is strong, but at the 89th percentile of its own range you are paying full price for it.
The price is in a confirmed uptrend (43 weeks in) while the P/E sits at the 89th percentile of its own 4-year range. Underneath, the last four quarters read improving — profit +121.7% year on year, and 150% of the last 3 years' profit arrived as cash. What settles it: whether the earnings grow into the multiple.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Uniparts India Ltd trades at ₹676, in a confirmed uptrend and 43 weeks into that stage. That is +28.0% against its own 200-day average. It sits at 90% of a 52-week range of ₹405 to ₹705. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 24 straight weeks.
Today the stock is in a confirmed uptrend — week 43 of stage 2, confirmed. At ₹676 it trades +28.0% versus its 200-day average and sits at 90% of its 52-week range (₹405–₹705).
Against the market, two honest reads. Cumulative: over the last 3.6 years the stock moved +19% while the NIFTY 500 moved +50% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 24 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 89th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Uniparts India Ltd trades at 19.3× P/E, at the pricey end of its own range (89th percentile). Its long-run median P/E is 17.1×, measured across 3.6 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 19.3× is at the pricey end of its own range (89th percentile), against a long-run median of 17.1× measured over 3.6 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +79.8% against a +75.8% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 3y, of the +1.4%/yr price move, ~−7.6%/yr came from earnings growth and ~+9.0 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Improving Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Uniparts India Ltd reads as improving on its fundamental arc. Improving — profit growth bottomed 6 quarters ago at −40.8% and has held its recovery at +78.4%, ROCE lifting at 22.4%. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: a sustained climb off the trough is the setup this page is built to catch — the question moves to what you pay for it.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +21.4% | −5.0% | +5.3% | — |
| Profit | +79.5% | −8.3% | +11.7% | — |
| EPS | +79.8% | −8.2% | +11.7% | — |
| Share price | +75.8% | +1.4% | — | — |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
82.8/100 — rank 1 of 19 in Castings, Forgings & Fastners · 96% evidence confidence
Uniparts India Ltd scores 82.8 out of 100 against the 19 companies it is compared with in Castings, Forgings & Fastners, ranking 1. Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
The four contributions add to the total exactly: 30.8 + 19.2 + 15.6 + 17.2 = 82.8. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Uniparts India Ltd reported ₹339 Cr of revenue in the Mar 26 quarter, +34.0% year on year. That is the 4th straight quarter of year-on-year growth. Over 12 years it has compounded at 3.2% a year. The last full year, FY26, came in at ₹1,170 Cr. The last four reported quarters add to ₹1,171 Cr.
Uniparts India Ltd reported ₹339 Cr of revenue in the Mar 26 quarter, +34.0% year on year. That is the 4th straight quarter of year-on-year growth. Over 12 years it has compounded at 3.2% a year. The last full year, FY26, came in at ₹1,170 Cr. The last four reported quarters add to ₹1,171 Cr.
FY26 revenue came in at ₹1,170 Cr (+21.4% on the year), capping 12 years at 3.2% compound. The latest quarter (Mar 26) printed ₹339 Cr, +34.0% year on year — the 4th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +22.3% growth against the decade's 3.2% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +21.6% over the last 4 quarters against +1.4%/yr over the last 8 — accelerating; TTM profit +78.4% vs +12.1%/yr — accelerating.
→ Revenue grew — did margins hold as it scaled? Next: 24.0% this quarter (+10.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Uniparts India Ltd's operating margin is 24.0% in the Mar 26 quarter, +10.0 percentage points against the same quarter a year ago. Across 9 fiscal years the operating margin has ranged 11.0% to 22.0%. The current quarter is running above every full year in that window.
Uniparts India Ltd's operating margin is 24.0% in the Mar 26 quarter, +10.0 percentage points against the same quarter a year ago. Across 9 fiscal years the operating margin has ranged 11.0% to 22.0%. The current quarter is running above every full year in that window.
The latest quarter's operating margin is 24.0%, +10.0 pp against the same quarter a year ago. Across 9 fiscal years the operating margin has ranged 11.0%–22.0%.
Why the margin moved: operating margin went +9.9 pp year on year while gross margin went +2.9 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
→ Margins held — did that reach the bottom line? Next: profit +121.7% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Uniparts India Ltd earned ₹51.0 Cr of net profit in the Mar 26 quarter, +121.7% year on year. It is the 4th consecutive quarter of growth. Full-year FY26 profit was ₹158 Cr. The 12-year compound rate is 11.2%. That is 15.0% of the quarter's revenue. The same quarter a year earlier earned ₹23.0 Cr.
Uniparts India Ltd earned ₹51.0 Cr of net profit in the Mar 26 quarter, +121.7% year on year. It is the 4th consecutive quarter of growth. Full-year FY26 profit was ₹158 Cr. The 12-year compound rate is 11.2%. That is 15.0% of the quarter's revenue. The same quarter a year earlier earned ₹23.0 Cr.
Mar 26 profit was ₹51.0 Cr, +121.7% year on year — the 4th consecutive quarter of growth. On the full year, FY26 printed ₹158 Cr (+79.5%), and the 12-year compound rate is 11.2%.
Why profit moved: revenue contributed +34.0% and the margin +10.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +79.3% vs revenue +22.3%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
→ Profit rose — but did the cash follow? Next: 150% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 150% of Uniparts India Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹174 Cr of operating cash against ₹158 Cr of profit. After ₹70.0 Cr of capital spending, ₹104 Cr was left as free cash.
FY26: operating cash of ₹174 Cr against reported profit of ₹158 Cr, leaving free cash of ₹104 Cr after ₹70.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 150% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 150%: the cash cycle tightened 13 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
→ So follow the cash to where it goes. Next: a 320-day cycle and ₹149 Cr of building.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Uniparts India Ltd's cash conversion cycle runs 320 days in FY26, down from 333 days in FY21. Capital spending ran ₹149 Cr over the last 3 years. At FY26 sales of ₹1,170 Cr each day of that cycle holds about ₹3.2 Cr, so roughly ₹1,026 Cr sits inside the business at any moment.
FY26: debtors at 44 days, inventory at 403 days — roughly 13.3 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 320 days, tighter than FY21's 333.
The full loop: cash goes out to suppliers and production on day 0; stock waits 403 days to sell; customers pay about 44 days after that; and suppliers themselves are paid at 127 days — netting out to the 320-day cycle.
In money terms: at FY26 sales of ₹1,170 Cr, each day of the cycle holds about ₹3.2 Cr — so the 320-day loop keeps roughly ₹1,026 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹149 Cr over the last 3 fiscal years against ₹131 Cr of depreciation — building somewhat ahead of wear-and-tear. Capital work-in-progress stands at ₹3.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 22% and the ROIC − WACC spread is +8.7 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Uniparts India Ltd earns a ROCE of 22% in FY26. That is up from a trough of 11% in FY20. Return on invested capital clears the cost of that capital by +8.7 percentage points, so growth here adds value rather than only size. The wiring behind it is 13.5% net margin on 0.93× asset turns.
FY26 ROCE is 22%, recovered from a FY20 trough of 11% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 13.5% net margin × 0.93× asset turns × 1.44× balance-sheet leverage ≈ 18.1% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 20.7% − 12.0% = a +8.7 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. A spread this wide means every rupee reinvested creates more than a rupee of value — the engine compounds.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.18.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Uniparts India Ltd carries total debt of ₹155 Cr against shareholder equity of ₹870 Cr as of Mar 26, a debt-to-equity of 0.18 — effectively unlevered. On the annual view that ratio went from 0.82 in FY19 to 0.18 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Mar 26: total debt of ₹155 Cr against shareholder equity of ₹870 Cr — a debt-to-equity of 0.18. On the annual view, debt-to-equity went from 0.82 (FY19) to 0.18 (FY26). The returns on this page are earned, not borrowed.
→ Who owns this, and are they adding or leaving? Next: Domestic institutions cut 4.0 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Domestic institutions cut 4.0 points of Uniparts India Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 4.9% of the company. Foreign institutions moved +1.1 points over the same window, to 3.4%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Domestic institutions: −4.0 points over 8 quarters to 4.9%; Foreign institutions: +1.1 points over 8 quarters to 3.4%; Promoters: +0.2 points over 8 quarters to 65.9%.
🚨 Why the register moved: domestic institutions drove it (−4.0 points), absorbed on the other side by foreign institutions (+1.1 points) — distribution into the market’s bid.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Uniparts India Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Uniparts India Ltd this page | 19.3× | ₹3,113 Cr | Mixed | |||
| Bharat Forge Ltd | 91.1× | ₹1L Cr | Mixed | |||
| Sona BLW Precision Forgings Ltd | 61.5× | ₹44,707 Cr | Mixed | |||
| CIE Automotive India Ltd | 17.5× | ₹15,696 Cr | Turning around | |||
| Happy Forgings Ltd | 51.0× | ₹15,247 Cr | Consistent | |||
| Ramkrishna Forgings Ltd | 92.0× | ₹10,579 Cr | Deteriorating | |||
| Kennametal India Ltd | 52.2× | ₹6,116 Cr | Deteriorating | |||
| Balu Forge Industries Ltd | 20.3× | ₹5,264 Cr | Mixed | |||
| Steelcast Ltd | 35.9× | ₹3,103 Cr | Topping out | |||
| Sundaram Clayton Ltd | — | ₹3,005 Cr | No read | |||
| M M Forgings Ltd | 27.2× | ₹2,664 Cr | Deteriorating | |||
| Amic Forging Ltd | 70.5× | ₹1,992 Cr | No read | |||
| Amic Forging Ltd | 58.9× | ₹1,485 Cr | — | — | — | — |
| Gala Precision Engineering Ltd | 40.4× | ₹1,469 Cr | Turning around | |||
| Nelcast Ltd | 24.1× | ₹1,170 Cr | Turning around | |||
| Alicon Castalloy Ltd | 26.6× | ₹1,044 Cr | Mixed | |||
| Tirupati Forge Ltd | 151.0× | ₹951 Cr | Turning around | |||
| Uni Abex Alloy Products Ltd | 19.8× | ₹932 Cr | No read | |||
| Synergy Green Industries Ltd | 186.0× | ₹927 Cr | Mixed | |||
| Sterling Tools Ltd | 36.7× | ₹882 Cr | Mixed | |||
| Uni Abex Alloy Products Ltd | 16.7× | ₹581 Cr | Turning around |
Frequently asked questions
What is Uniparts India Ltd's share price today?
Uniparts India Ltd trades at ₹676, +75.8% over the past year. The company is valued at ₹3,113 Cr. The stock sits at 90% of its 52-week range of ₹405–₹705, +28.0% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 43 weeks in. — as of 24 July 2026.
What were Uniparts India Ltd's latest quarterly results?
Uniparts India Ltd reported revenue of ₹339 Cr and net profit of ₹51.0 Cr for the Mar 26 quarter. Revenue rose 34.0% and profit rose 121.7% year on year. Earnings per share were ₹11.33. The operating margin was 24.0%, 10.0 pp higher than a year earlier. — as of 24 July 2026.
What is Uniparts India Ltd's revenue?
Uniparts India Ltd reported revenue of ₹339 Cr in the Mar 26 quarter, +34.0% year on year. For the full FY26 fiscal year, revenue was ₹1,170 Cr (+21.4%). Over the last 12 years revenue compounded at 3.2% a year. — as of 24 July 2026.
What is Uniparts India Ltd's profit?
Uniparts India Ltd earned ₹51.0 Cr of net profit in the Mar 26 quarter, +121.7% year on year — the 4th straight quarter of growth. Full-year FY26 profit was ₹158 Cr. The operating margin ran 24.0% in the latest quarter. — as of 24 July 2026.
What is Uniparts India Ltd's market cap?
Uniparts India Ltd's market capitalisation is ₹3,113 Cr at a share price of ₹676. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Uniparts India Ltd's P/E ratio?
Uniparts India Ltd trades at a P/E of 19.3×, at the 89th percentile of its own 4-year range, against a long-run median of 17.1×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Uniparts India Ltd pay a dividend?
Yes — Uniparts India Ltd's dividend payout was 20% of profit in FY26, and it recorded a payout in 8 of its last 9 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is Uniparts India Ltd overvalued?
On its own history, Uniparts India Ltd looks expensive against its own history: its P/E of 19.3× sits at the 89th percentile of its 4-year range (long-run median 17.1×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is Uniparts India Ltd growing?
Yes — Uniparts India Ltd is growing: latest-quarter revenue +34.0% year on year, profit +121.7%, and the margin +10.0 pp at 24.0%. The 12-year compound rates are 3.2% (revenue) and 11.2% (profit). The earnings engine currently reads: improving — as of 24 July 2026.
How is Uniparts India Ltd performing?
Uniparts India Ltd is in a confirmed uptrend, 43 weeks in. Its latest quarter's revenue rose 34.0% and profit rose 121.7% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 24 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is Uniparts India Ltd in?
Improving — profit growth bottomed 6 quarters ago at −40.8% and has held its recovery at +78.4%, ROCE lifting at 22.4%. The read comes from the last 12 quarters of growth (revenue growth +21.6% latest, profit growth +78.4% latest, eps growth +79.9% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is Uniparts India Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 43 of stage 2), trading +28.0% versus its 200-day average and at 90% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Uniparts India Ltd beating the market?
On recent form, yes — Uniparts India Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 24 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 3.6 years the stock moved +19% against the NIFTY 500's +50% — behind the index over the full window. — as of 24 July 2026.
Will Uniparts India Ltd's share price go up?
This page publishes no price forecast for Uniparts India Ltd. What it measures instead: the share price is ₹676, the price is in a confirmed uptrend 43 weeks in. Its P/E of 19.3× sits at the 89th percentile of its own 4-year range. — as of 24 July 2026.
Who owns Uniparts India Ltd?
Promoters hold 65.9% of Uniparts India Ltd, foreign institutions 3.4%, domestic institutions 4.9% and the public 25.7% (latest quarter). The biggest move on the register over the last two years: Domestic institutions cut 4.0 points over 8 quarters. — as of 24 July 2026.
Does Uniparts India Ltd have too much debt?
No — Uniparts India Ltd's debt-to-equity is 0.18, and operating profit covers the interest bill 25×. FY26 borrowings were ₹155 Cr against equity of ₹870 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.
What is Uniparts India Ltd's capex?
Uniparts India Ltd spent ₹149 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹70.0 Cr, with ₹3.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Uniparts India Ltd's cash flow?
Uniparts India Ltd generated ₹174 Cr of operating cash flow in FY26 and ₹104 Cr of free cash flow after ₹70.0 Cr of capital spending. Reported profit that year was ₹158 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Uniparts India Ltd's profit real cash?
Yes — over the last 3 fiscal years, 150% of Uniparts India Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹174 Cr against reported profit of ₹158 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is Uniparts India Ltd in its business cycle?
Uniparts India Ltd's FY26 operating margin was 21.0%, against a 9-year band of 11.0%–22.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 24.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Uniparts India Ltd story?
The sharpest disagreement: the engine is strong, but at the 89th percentile of its own range you are paying full price for it. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Uniparts India Ltd a stock worth studying right now?
This is not investment advice. The machine read: Uniparts India Ltd's earnings have outrun its stock. EPS grew +79.8% in a year against a +75.8% price move. The sharpest open question: whether the earnings grow into the multiple. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.