On 6 Nov 2026, Uniparts India was priced at ₹704.60, or 17.7× trailing earnings, against an industry P/E of 20.4×, and the shares are 23% below their 52-week high. It earns ROCE of 22% and ROE of 18%, and sales and net profit fell 4.8% and 8.2% a year over 3 years. Its dividend yield is 2.1%, and debt is 0.18× equity. It is a small-cap company with a market cap of ₹3,179 Cr, ranked 8th of 24 Farm & Heavy Construction Machinery companies by market cap; the shares rose 41% over the past year.
- ₹705.00
- ₹714.75
- ₹681.10
- ₹717.15
- 2.1 L
Health check
- ReturnsAhead
+41.4% over a year, better than 7 of 7 peers.
- Price tagIn line
P/E 17.7 vs industry 20.4.
- GrowthShrinking
Sales −4.8%, profit −8.2% a year over 3 years.
- ProfitabilityStrong
ROCE 22.0% vs peer median 19.4%.
- Balance sheetSolid
Debt 0.18× equity, interest covered 25.5×, Piotroski 7 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹3,179 Cr
- Small cap
- P/E
- 17.7
- Industry 20.4
- Price to book
- 3.65
- Peers 6.87
- Dividend yield
- 2.11%
- ROE
- 18.0%
- Peers 17.7%
- ROCE
- 22.0%
- Peers 19.4%
- Debt to equity
- 0.18
- Debt ₹155 Cr
- EPS (TTM)
- ₹39.92
- Face value ₹10
- OPM (TTM)
- 22.3%
- Net margin 14.5%
- Sales growth
- +26.9%
- Latest quarter vs a year ago
- Profit growth
- +64.3%
- Latest quarter vs a year ago
- Price to sales
- 2.56
- EV/EBITDA 11.9
Strengths and risks
Strengths
- Return on equity of 18.0%.
- Return on capital employed of 22.0%.
- Dividend yield of 2.11%.
- Quarterly profit up 64.3% on a year ago.
- Quarterly sales up 26.9% on a year ago.
About Uniparts India
Uniparts India Limited, together with its subsidiaries, manufactures and supplies engineering systems, solutions, and assemblies primarily for off-highway vehicles in India, the United States, the Asia Pacific, Europe, Japan, and internationally. The company offers 3-point linkage systems, including rear and front hitch; precision machined parts, such as pins, brushes, and others; and fabrication products comprising frame coupler, trailer hitch and…
- Headquarters
- Noida
- Employees
- 1,600
- Sector
- Industrials
- ISIN
- INE244O01017
- Website
- unipartsgroup.com
Price range
- Avg volume (3M)
- 1.5 L
- 1-year return
- plus 41.4%
- From 52-week high
- minus 23.1%
Peers · Farm & Heavy Construction Machinery
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASHOKLEYAshok Leyland | 172.09 | plus 1.10% | 1,01,083 | 29.1 | 12.2 | 14.5% | 21.5% | 3.45 | 10.6% | plus 21.2% |
| ESCORTSEscorts Kubota | 2,443.40 | minus 0.67% | 26,888 | 20.4 | 13.5 | 14.4% | 11.5% | 0.01 | 11.3% | minus 35.6% |
| ACEAction Construction Equipment | 1,167.70 | plus 3.55% | 13,900 | 31.8 | 25.5 | 28.5% | 15.6% | 0.00 | 15.0% | plus 2.8% |
| OLECTRAOlectra Greentech | 1,026.35 | minus 2.21% | 8,424 | 47.5 | 26.6 | 19.4% | 13.8% | 0.31 | 28.4% | minus 30.9% |
| AJAXENGGAjax Engineering | 556.65 | minus 1.24% | 6,369 | 28.1 | 20.0 | 21.4% | 12.5% | 0.00 | 22.2% | minus 5.8% |
| SWARAJENGSwaraj Engines | 3,495.30 | minus 1.97% | 4,247 | 20.0 | 15.2 | 52.8% | 12.6% | 0.01 | 12.2% | minus 9.6% |
| VSTTILLERSV.S.T Tillers Tractors | 3,941.70 | minus 2.48% | 3,411 | 31.4 | 16.5 | 12.4% | 13.3% | 0.00 | 7.2% | minus 33.8% |
| UNIPARTSUniparts India | 704.60 | minus 1.75% | 3,179 | 17.7 | 12.5 | 22.0% | 22.3% | 0.18 | −4.8% | plus 41.4% |
| Median of 7 peers | – | −1.24% | 8,424 | 29.1 | 16.5 | 19.4% | 13.3% | 0.01 | 12.2% | −9.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 274 | 277 | 281 | 339 | 347 | |
| 221 | 219 | 225 | 258 | 265 | |
| 52.3 | 58.1 | 56 | 80.8 | 82 | |
| 19.1% | 21.0% | 19.9% | 23.9% | 23.6% | |
| 5.5 | 5.9 | 5.7 | 0.5 | 7.8 | |
| 2.1 | 2.4 | 2.7 | 3.3 | 3.4 | |
| 11.1 | 11 | 11.4 | 11.8 | 11.8 | |
| – | – | −3.4 | – | – | |
| 44.7 | 50.5 | 44.2 | 66.3 | 74.6 | |
| 22.8% | 22.0% | 24.7% | 22.8% | 24.1% | |
| 34.5 | 39.4 | 33.3 | 51.1 | 56.6 | |
| 7.64 | 8.72 | 7.37 | 11.33 | 12.50 |
Profit & loss
- Sales CAGR 3Y
- −4.8%
- Profit CAGR 3Y
- −8.2%
- EPS CAGR 3Y
- −8.3%
- ROE
- 18.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,313 | 1,096 | 932 | 1,133 | |
| – | minus 16.5% | minus 15.0% | +21.5% | |
| 1,023 | 907 | 796 | 885 | |
| 290 | 189 | 136 | 247 | |
| 22.1% | 17.2% | 14.6% | 21.8% | |
| 9.7 | 16.7 | 21.5 | 9.2 | |
| 4.8 | 4.3 | 7.2 | 8.4 | |
| 39 | 41.7 | 44.3 | 45.3 | |
| 12.8 | 3.6 | 8.1 | 2.7 | |
| 268 | 163 | 114 | 206 | |
| 23.6% | 23.7% | 23.0% | 23.0% | |
| 205 | 125 | 88 | 158 | |
| – | minus 39.1% | minus 29.4% | +79.9% | |
| 45.40 | 27.63 | 19.50 | 35.04 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 44.6 | 45.1 | 45.1 | 45.1 | |
| 786 | 823 | 842 | 825 | |
| 61 | 103 | 120 | 155 | |
| 166 | 158 | 163 | 230 | |
| 1,057 | 1,129 | 1,170 | 1,255 | |
| 280 | 277 | 267 | 291 | |
| 10.4 | 14.9 | 10 | 10.4 | |
| 0 | 0 | 2.1 | 2.1 | |
| 57.1 | 175 | 276 | 250 | |
| 710 | 662 | 614 | 701 | |
| 1,057 | 1,129 | 1,170 | 1,255 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 253 | 200 | 182 | 174 | |
| −53.6 | −161 | −106 | 20 | |
| −175 | −58.9 | −62 | −181 | |
| 23.9 | −19.7 | 13.8 | 13 | |
| −31.8 | −36 | −32.6 | −30.1 | |
| 221 | 164 | 149 | 144 | |
| −53.9 | −90.3 | −64.3 | −170 |
Shareholding pattern
- Promoters65.85%
- Public34.08%
- Employee trusts0.07%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 65.85% | 34.08% | minus 0.03 | |
| 30 Jun 2026 | 65.88% | 34.04% | 0.00 | |
| 31 Mar 2026 | 65.88% | 34.03% | minus 0.01 | |
| 31 Dec 2025 | 65.89% | 34.01% | 0.00 | |
| 30 Sep 2025 | 65.89% | 33.99% | – |
Major shareholders
Filings & events
News
No recent news coverage found.