Updater Services
- Market cap
- ₹ 1,306 Cr.
- P/E
- 14.3x
- P/B
- 1.35x
- 52-week range
- 125.1 – 240.4
- ROE
- 9%
- ROCE
- 10%
- Dividend yield
- 0.5%
- Debt / equity
- 0.04
- Sector
- Commercial Services & Supplies
- Industry
- Diversified Commercial Services
- Listed on
- NSE, BSE
About
Updater Services Limited is an India-based integrated business services platform offering integrated facilities management (IFM) services and business support services (BSS). Its segments include the IFM and BSS. Its IFM services segment primarily comprises soft services, which include housekeeping and cleaning services, disinfecting, and sanitizing services, pest control, horticulture, and facade cleaning; production support services, which include material handling, material movement, on-site warehouse management, stores, and inventory management; engineering services, which include mechanical, electrical and plumbing services, and washroom and feminine hygiene care solutions, warehouse management, general staffing, institutional catering and other related services to various industries. Its BSS segment includes sales enablement services, employee background verification check, audit and assurance, airport ground handling, and mailroom management and logistics solutions.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Diversified Commercial Services: 149 companies →Updater Services against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)14.3 against a typical 19.8: cheaper than most peers (1st = cheapest).56th of 139
- Sales growth+9.1% against a typical +14.1% from a year earlier.63rd of 115
- Profit growth+3.4% against a typical +3.4% from a year earlier.43rd of 85
- Share price, 3 months+3.5% against a typical −8.9%.40th of 121
- Size₹ 1,306.4 Cr. market value against a typical ₹ 68.8 Cr. (1st = largest).19th of 128
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AA- | Stable | 29 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 29 Sep 2026 | Reaffirmed | [ICRA]AA- | — | ICRA | ₹ 244 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 Oct 2026Upcoming | Financial Results | To Consider And Approve The Standalone And Consolidated Unaudited Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2026, Along With The Limited Review Report Thereon. |
| 30 Jul 2026 | Financial Results/Dividend | Updater Services Limited has informed NSE that a meeting of the Board of Directors of the Company is scheduled to be held on July 30, 2026, inter alia, to consider and approve the Standalone and Consolidated Unaudited Financial Results of the Company for the quarter ended June 30, 2026, along with the Limited Review Report thereon, and to consider the declaration of Interim Dividend, if any. |
| 28 May 2026 | Financial Results | To Consider And Approve The Standalone And Consolidated Audited Financial Results Of The Company Along With The Audited Report For The Quarter And Financial Year Ended March 31, 2026. |
| 5 Feb 2026 | Financial Results | To Consider And Approve The Standalone And Consolidated Un-Audited Financial Results Of The Company Along With The Limited Review Report For The Quarter And Nine Months Ended December 31, 2025. |
| 5 Nov 2025 | Financial Results | To Consider and Approve the Standalone and Consolidated Un-audited Financial Results of the Company along with the Limited Review Report for the quarter and half year ended September 30, 2025. |
| 5 Aug 2025 | Financial Results | To consider and approve the Unaudited financial results for the period ended Jun 30, 2025 |
| 24 May 2025 | Financial Results | Updater Services Ltd has informed the stock exchange that the meeting of the Board of Directors of the Company scheduled to be held on 20/05/2025 has been rescheduled to 24/05/2025, inter alia, to consider and approve The Audited Financial results of the Company for the Quarter and Financial Year ended 31st March 2025 and any other general business agenda. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 600 | 636 | 632 | 652 | 680 | 695 | 709 | 700 | 729 | 767 | 743 | 764 |
| Expenses | 574 | 601 | 592 | 611 | 636 | 649 | 673 | 661 | 698 | 746 | 700 | 722 |
| Operating Profit | 26 | 35 | 40 | 41 | 44 | 46 | 36 | 39 | 32 | 21 | 43 | 42 |
| OPM % | 4.4% | 5% | 6% | 6% | 6% | 7% | 5% | 6% | 4.3% | 2.7% | 6% | 6% |
| Other Income | 6 | 9 | 6 | 6 | 7 | 6 | 17 | 5 | 6 | −2 | 7 | 4 |
| Interest | 6 | 4 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 1 | 2 | 1 |
| Depreciation | 14 | 15 | 12 | 11 | 12 | 12 | 11 | 11 | 12 | 12 | 12 | 12 |
| Profit before tax | 12 | 25 | 30 | 33 | 35 | 38 | 39 | 31 | 24 | 5 | 36 | 33 |
| Tax % | 25% | 18% | 21% | 21% | 21% | 18% | 12% | 7% | 16% | −26% | 24% | 9% |
| Net Profit | 9 | 21 | 24 | 26 | 28 | 31 | 34 | 29 | 20 | 7 | 27 | 30 |
| EPS in Rs | 1.49 | 3.12 | 3.86 | 3.79 | 4.2 | 4.61 | 5.14 | 4.27 | 2.97 | 1.37 | 4.19 | 4.44 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 19%
- 3 Years
- 12%
- TTM
- 8%
- 10 Years
- —
- 5 Years
- 13%
- 3 Years
- 35%
- TTM
- −25%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 11%
- 3 Years
- 11%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Updater Services | ₹ 207.15 | ₹ 1,306 Cr. | 14.3x | 1.4x | 9% | — |
| Delhivery | ₹ 370.00 | ₹ 27,724 Cr. | 226x | 3.8x | 1.6% | 1.5% |
| Urban Company | ₹ 132.65 | ₹ 20,457 Cr. | — | 8.9x | −11.9% | −15.1% |
| Indegene | ₹ 570.00 | ₹ 13,763 Cr. | 29.5x | 3.9x | 13.9% | 11.4% |
| BLS International Services | ₹ 208.70 | ₹ 8,593 Cr. | 14.2x | 3.9x | 32.7% | 24.1% |
| Axiscades Technologies | ₹ 1,915.00 | ₹ 8,154 Cr. | 83.3x | 9.1x | 10.5% | 6.2% |
Management
- Raghunandana Tangirala
- Managing Director, Executive Chairman of the Board
- Ram Praveen Radhakrishnan
- Group Chief Financial Officer
- Snehashish Bhattacharjee
- Chief Executive Officer - Denave India Private Limited
- P. Ravishankar
- Chief Executive Officer - Matrix Business Services India Private Limited
- C. R. Saravanan
- Chief Operating Officer
- Sandhya Saravanan
- Compliance Officer, Company Secretary
- Amitabh Jaipuria
- Senior Executive Whole-Time Director
- Jigyasa Sharma
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.