Updater Services share price today

Updater Services Ltd's share price was ₹196.82 at the close on 3 November 2026. It has been rising for 11 weeks. That is 2.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹133 and ₹239, and at that close it sat 60% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Updater Services Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 32 weeks in a row.

Over the last 3.1 years the share price moved −31% while the NIFTY 500 moved +26%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), indian funds and insurers (DIIs) cut their stake for 4 quarters in a row and highest quarterly revenue in 16 quarters.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹812 crore, +11.4% on a year earlier.

2. Indian funds and insurers (DIIs) cut their stake for 4 quarters in a row

   From 13.1% to 9.3% of the company by the September 2026 quarter.

3. Highest quarterly revenue in 16 quarters

   Revenue of ₹812 crore in the September 2026 quarter is the highest of the last 16 quarters.

For July to September 2026 (the quarter ended 30 September 2026), Updater Services reported revenue of ₹812 crore, up 11.4% from ₹729 crore a year earlier, and a profit of ₹32.0 crore, up 60.0% from ₹20.0 crore.

Updater Services results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 28 September 2026, about April to June 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Updater Services closed at ₹196.82 on 3 November 2026, down 16.8% from ₹236.57 a year earlier (31 October 2025) and down 24.9% over three years. Its highest weekly close since October 2023 was ₹427.70 on 1 November 2024.

Updater Services share price: then and now

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

165 weekly closes from 6 October 2023 to 3 November 2026.

3 Nov 2026: Updater Services closed at ₹196.82, up 0.8% on the week and down 5.6% on the month. Results for July to September 2026: Revenue up 11.4% and profit up 60.0% on a year earlier.

Earlier

• 28 Sep 2026: Updater Services held its results call for April to June 2026. Management guided: Current-year revenue growth 10%-12% as the working range.
• 5 Aug 2026: ex-date for an interim dividend of ₹1 a share.

Updater Services paid ₹1 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.51% at the ₹196.82 close on 3 November 2026. The last was an interim dividend of ₹1 a share, ex-date 5 August 2026.

Updater Services dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

No. Updater Services Ltd paid out 0% of its profit as dividends in each of its last 7 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 4 November 2026.

On the call for April to June 2026, held on 28 September 2026, Updater Services' management guided: Current-year revenue growth 10%-12% as the working range.

“For inorganic growth, our thresholds are clear. Financially, the acquisition should be growth-accretive, EBITDA-percentage or margin-accretive, and ROCE-accretive.”Amitabh Jaipuria, on the call for April to June 2026

What management guided

• Current-year profit: hoping to beat approximately ₹121 crore annualized from Q1.
• BSS margin trajectory: gradual improvement toward high single digits over time, not double digits near term.
• Airport business full-year revenue ₹60-70 crore.
• Annual cash generation approximately ₹80-90 crore, expected to accelerate.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 28 September 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When Updater Services reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Next quarterly print to test whether the current-year growth range is tracking and whether stabilization is translating into earnings.

Updater Services is on one of our India lists: Momentum stocks.

Updater Services Ltd earned ₹32.0 Cr of net profit in the Sep 2026 quarter, +60.0% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹83.0 Cr. Over 6 years profit has grown 12.5% a year on average. That is 3.9% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹20.0 Cr.

For the full year, FY26 profit was ₹83.0 Cr (−30.3% on the year before).

Why profit moved: revenue changed +11.4% on a year earlier and the margin moved +0.7 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −8.6% and revenue +8.9%. Profit is growing slower than sales: rising costs are taking part of the growth.

Updater Services Ltd reported ₹812 Cr of revenue in the Sep 2026 quarter, +11.4% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 6 years it has grown 14.2% a year on average. The last full year, FY26, came in at ₹2,940 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹3,086 Cr.

FY26 revenue was ₹2,940 Cr, +7.5% on the year before.

Recent pace: the last four quarters grew +8.9% on average, against 14.2% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +8.9%, against +8.9% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −15.8%, against −1.5% a year (rolling over).

Updater Services Ltd's operating margin was 5.0% in the Sep 2026 quarter, 0.7 percentage points higher than the same quarter a year ago. Across 7 years it has been between 4.4% and 6.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +1.0 percentage points on the year while gross margin changed −0.2 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 111% of Updater Services Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹144 Cr of operating cash against ₹83.0 Cr of profit. After ₹31.0 Cr of spending on assets, ₹113 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 111% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Updater Services Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 75 days in FY26, down from 81 days in FY21. It spent ₹131 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,940 Cr, each day of that cycle ties up about ₹8.1 Cr, so roughly ₹604 Cr is tied up in the business at any time.

Spending on assets: ₹131 Cr over the last 3 years, against ₹148 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Updater Services Ltd's P/E is 12.7×, near the low end of its own history: it has been lower only 23% of the time. Its usual P/E (the middle reading) is 17.4×, over 3.1 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹14.82.

Why the multiple is where it is: over the past year earnings per share moved −27.8% while the price moved −16.8%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 3 years the price moved −9.1% a year; about +42.3% a year came from earnings growth and about −51.4 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Updater Services Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 9.6%; each line tells part of the story. This is based on 12 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: when the lines disagree, each line above matters more than any single label.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Updater Services Ltd earned a ROCE of 10% in FY26. Its return on capital used (ROIC) is 0.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 2.8% net margin and 1.80× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 2.8% net margin × 1.80× asset turnover × 1.55× leverage (assets divided by equity) ≈ 7.8% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 11.7% − 12.0% = −0.3 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 11.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 10.0%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Updater Services Ltd has total debt of ₹41.0 Cr against shareholder equity of ₹1,111 Cr as of Sep 2026, so its debt is 0.04× its equity, which is very little. Year by year, that ratio went from 0.57 in FY23 to 0.04 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Domestic institutions cut their stake in Updater Services Ltd by 5.9 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 9.3% of the company. Foreign institutions moved −2.1 points over the same period, to 1.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: −5.9 points over 8 quarters, to 9.3%; Foreign institutions: −2.1 points over 8 quarters, to 1.4%; Promoters: +0.3 points over 8 quarters, to 59.1%.

Why the owners changed: domestic institutions drove it (−5.9 points), together with foreign institutions (−2.1 points). They reduced their stake.

For Updater Services Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

48.3 out of 100, rank 2 of 4 in Facility Management, with 82% of the evidence available.

Updater Services Ltd scores 48.3 out of 100 against the 4 companies it is compared with in Facility Management, ranking 2. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.

The four parts add up to the total exactly: 12.9 + 7.7 + 15.2 + 12.5 = 48.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Updater Services ranks 2 of 4 Facility Management companies on the 4-Factor Sector Score, with 48.3 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Facility Management, all 4 compared on one page.

Updater Services is the 3rd largest of 4 Facility Management companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: SIS and Quess Corp. Just below it: Krystal Integrated Services.

Facility Management companies close in size

1. SIS Ltd ₹5,126 crore
2. Quess Corp Ltd ₹4,571 crore
3. Updater Services Ltd ₹1,358 crore
4. Krystal Integrated Services Ltd ₹791 crore

All 4 Facility Management companies, largest first

Companies close in size in other industries

1426. Asian Granito India Ltd ₹1,360 crore · Ceramics/Tiles/Sanitaryware
1427. Investment & Precision Castings Ltd ₹1,360 crore · Castings - Steel/Alloy
1428. Updater Services Ltd ₹1,358 crore
1429. Dollar Industries Ltd ₹1,355 crore · Textiles - Hosiery/Knitwear
1430. Vikran Engineering Ltd ₹1,355 crore · Transmission Line Towers/Equipment

Sector Alpha, written by code from the published numbers. Data as of 3 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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