Updater Services (UDS)₹203.08+1.35%Diversified Commercial Services
In the Sep 2026 quarter (consolidated), Updater Services reported sales of ₹813 Cr, up 11.3% from Sep 2025, and net profit of ₹31.92 Cr, up 60.1% year on year. For the year to Mar 2026, sales were ₹2,947 Cr and net profit ₹82.80 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 637 | 633 | 653 | 681 | 697 | 710 | 701 | 731 | 768 | 745 | 765 | 813 |
| Expenses | 600 | 591 | 610 | 635 | 648 | 672 | 660 | 697 | 745 | 699 | 721 | 768 |
| Operating Profit | 34.88 | 39.84 | 40.87 | 43.83 | 45.81 | 35.84 | 38.86 | 31.89 | 20.91 | 42.87 | 41.81 | 42.85 |
| OPM % | 5.0% | 6.0% | 6.0% | 6.0% | 7.0% | 5.0% | 6.0% | 4.3% | 2.7% | 6.0% | 6.0% | 5.0% |
| Other Income | 9.03 | 6.02 | 6.02 | 7.02 | 6.02 | 17.07 | 5.02 | 6.02 | −2.01 | 7.03 | 4.01 | 5.02 |
| Interest | 3.98 | 2.99 | 2.99 | 2.99 | 1.99 | 1.99 | 1.99 | 1.99 | 0.99 | 1.99 | 0.99 | 0.99 |
| Depreciation | 15.06 | 12.05 | 11.04 | 12.05 | 12.04 | 11.04 | 11.04 | 12.05 | 12.04 | 12.04 | 12.05 | 12.05 |
| Profit before tax | 24.95 | 29.96 | 32.97 | 34.96 | 37.95 | 38.93 | 30.96 | 23.98 | 4.99 | 35.97 | 32.97 | 34.92 |
| Tax % | 18.1% | 21.1% | 21.1% | 21.1% | 18.1% | 12.1% | 7.0% | 16.1% | −25.9% | 24.1% | 9.1% | 7.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −4.01 | 0.00 | 0.00 | 0.00 |
| Net Profit | 20.94 | 23.94 | 25.93 | 27.92 | 30.93 | 33.88 | 28.90 | 19.94 | 6.98 | 26.94 | 29.92 | 31.92 |
| EPS (Rs) | 3.13 | 3.88 | 3.80 | 4.21 | 4.63 | 5.16 | 4.29 | 2.98 | 1.38 | 4.21 | 4.45 | 4.84 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,326 | 1,213 | 1,486 | 2,104 | 2,449 | 2,739 | 2,947 | 3,092 |
| Expenses | 1,251 | 1,136 | 1,403 | 2,001 | 2,304 | 2,564 | 2,801 | 2,933 |
| Operating Profit | 71.79 | 72.71 | 78.69 | 92.73 | 133 | 166 | 135 | 148 |
| OPM % | 5.0% | 6.0% | 5.0% | 4.4% | 6.0% | 6.0% | 4.6% | 4.8% |
| Other Income | 2.01 | 0.00 | 13.05 | 13.04 | 23.08 | 35.13 | 14.06 | 14.05 |
| Interest | 10.96 | 2.99 | 4.99 | 14.95 | 18.92 | 9.97 | 6.98 | 4.96 |
| Depreciation | 16.06 | 15.06 | 17.08 | 37.14 | 54.23 | 47.16 | 47.17 | 48.18 |
| Profit before tax | 46.91 | 53.89 | 70.85 | 53.88 | 84.88 | 145 | 95.91 | 109 |
| Tax % | 13.1% | 13.1% | 19.1% | 36.1% | 22.1% | 18.1% | 14.1% | — |
| Exceptional items | 0.00 | −4.01 | −1.01 | 0.00 | 0.00 | 1.01 | −3.01 | −4.01 |
| Net Profit | 40.87 | 47.89 | 56.80 | 34.89 | 65.82 | 119 | 82.80 | 95.76 |
| EPS (Rs) | — | — | — | — | 10.19 | 17.82 | 12.86 | 14.88 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 52.83 | 52.88 | 52.96 | 52.88 | 66.85 | 66.89 | 66.90 |
| Reserves | 195 | 231 | 287 | 327 | 771 | 888 | 982 |
| Borrowings | 89.71 | 15.98 | 70.95 | 220 | 105 | 102 | 44.98 |
| Other Liabilities | 271 | 275 | 450 | 597 | 575 | 515 | 534 |
| Total Liabilities | 608 | 575 | 861 | 1,197 | 1,518 | 1,573 | 1,627 |
| Fixed Assets | 84.70 | 74.71 | 203 | 358 | 356 | 356 | 341 |
| CWIP | 0.00 | 0.00 | 4.01 | 0.00 | 11.03 | 1.01 | 0.00 |
| Investments | 1.99 | 3.99 | 0.00 | 3.99 | 5.99 | 42.90 | 77.82 |
| Other Assets | 522 | 497 | 653 | 835 | 1,145 | 1,172 | 1,208 |
| Inventories | 6.99 | 5.01 | 5.99 | 6.99 | 6.99 | 7.99 | 9.99 |
| Trade receivables | 291 | 268 | 346 | 427 | 502 | 606 | 601 |
| Cash & equivalents | 25.10 | 64.23 | 71.27 | 165 | 152 | 234 | 255 |
| Total Assets | 608 | 575 | 861 | 1,197 | 1,518 | 1,573 | 1,627 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | 4.99 | 128 | 30.93 | 115 | 103 | 50.89 | 144 |
| Cash from investing activity | −55.20 | −17.04 | −47.14 | −153 | −357 | 19.04 | 22.05 |
| Cash from financing activity | 56.05 | −85.13 | 29.04 | 96.14 | 223 | −35.06 | −76.06 |
| Net cash flow | 7.01 | 27.05 | 13.03 | 57.07 | −31.07 | 35.09 | 90.23 |
| Capex | 13.03 | 4.01 | 14.04 | 52.15 | 39.14 | 14.05 | 19.07 |
| Free cash flow | −7.97 | 125 | 17.94 | 63.77 | 65.74 | 37.86 | 124 |
| CFO / OP % | 41.1% | 194.1% | 66.0% | 145.1% | 107.0% | 59.1% | 120.1% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 81 | 81 | 86 | 74 | 75 | 81 | 75 |
| Cash conversion cycle | 80 | 80 | 85 | 73 | 74 | 80 | 74 |
| Working capital days | 26 | 25 | 13 | −12 | 40 | 34 | 34 |
| ROCE % | — | 20.1% | 21.1% | 13.1% | 13.0% | 15.1% | 10.1% |
For the Sep 2026 quarter, Updater Services reported sales of ₹813 Cr, up 11.3% year on year and net profit of ₹31.92 Cr, up 60.1% year on year. The operating margin was 5.0%.
Updater Services' sales for the year to Mar 2026 were ₹2,947 Cr; over the last twelve months they were ₹3,092 Cr.
Net profit for the year to Mar 2026 was ₹82.80 Cr, and ₹95.76 Cr over the last twelve months. Earnings per share over the same trailing period were ₹14.88.
Updater Services reported borrowings of ₹44.98 Cr at Mar 2026, against cash and equivalents of ₹255 Cr.
Cash from operations was ₹144 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹124 Cr.