
About UDS
UDS is a publicly listed company based in Chennai (India) founded in 1985 by Raghunandana Tangirala. Integrated business services are provided across diverse sectors in India. It operates on a Professional Services and Managed Services model. UDS has raised $25.95 million across 3 funding rounds from investors including Motilal Oswal Alternates and New Vernon Wealth Management. The company has 70,000 employees. UDS has completed 4 acquisitions, including Athena BPO, Denave and Matrix. UDS was last valued at $89.5 million in February 2017. Its chief executive, as recorded, is Joshi Nitesh. Its website uds.in draws about 13 thousand monthly visits. Its Indian entity Updater Services Limited reported revenue of βΉ2,960 Cr. UDS offers products and services including Integrated Facilities Management, Engineering Services, Production Support Services, Soft Services, and Warehouse Management. Its focus areas include Facility Management and Integrated Facility Services. Its competitors include SILA, Supreme Facility Management and Dusters Total Solutions Services; 2 of its 3 listed competitors have raised funding.
Company details
Updater Services Limited, operating as UDS, is engaged in delivering integrated business services across India. Services are offered in facility management, engineering, production support, and soft services. Operations span multiple sectors including manufacturing, retail, healthcare, metro rail, and airports. A pan-India presence with over 51 points of operation is maintained. Solutions are tailored to meet diverse client needs with a workforce of over 57,000 employees. Technology and innovation are integrated to enhance service delivery and operational efficiency.
- Market Cap₹1,359 Cr
UDS · NSE
- Share Price₹206.40
+1.66% today
- Revenue₹2,940 Cr
FY 2025-26 · +7.4% YoY
- EBITDA₹129 Cr
Margin 4.4%
- Net Profit₹88.80 Cr
FY 2025-26 · -24.9% YoY
- P/E (TTM)12.7x
P/B 1.2x
- ROE8.2%
ROCE 8.8%
- Debt / Equity0.07
Interest cover 8.2x
- Total Equity Funding$25.95M (USD)
in 3 rounds
- Latest Funding Round$14.93M (USD), Private Equity Round
Feb 2017
- InvestorsMotilal Oswal Alternates
& 1 more
- Employee Count70,000
- Investments & AcquisitionsAthena BPO
& 3 more
Associated legal entities of UDS
UDS is associated with 3 registered companies on The Company Check; the primary company is Updater Services Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Updater Services Limited Listed CIN L74140TN2003PLC051955 | Active | 13 Nov 2003 | Chennai City Corporation, Tamil Nadu | ₹2,960 Cr | 50,948 | 8 | View details |
| Updater Services (Uds) Foundation CIN U74999TN2018NPL121981 | Active | 09 Apr 2018 | Chennai, Tamil Nadu | ₹0.1 Cr | 52,053 | 3 | View details |
| Stanworth Management Private Limited CIN U90000TN2013PTC092547 | Amalgamated | 14 Aug 2013 | Kanchipuram, Tamil Nadu | ₹33.4 Cr | 1,278 | 3 | View details |
Products & Services of UDS
UDS offers a comprehensive portfolio of products and services, including Integrated Facilities Management, Engineering Services, Production Support Services, Soft Services, and Warehouse Management.
Comprehensive facility management services are provided across India.
Engineering solutions are offered for various business needs.
Support for production processes is delivered to clients.
Soft services like cleaning are managed for clients.
Warehouse operations are handled for efficient storage solutions.
Funding Insights of UDS
UDS has successfully raised a total of $25.95M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round of $14.93 million completed in February 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $25.95M
- Total Rounds 3
- Last Round Private Equity Round β $14.93M
- First Round $10M
(Jan 2005)
- Investors Count 2
All 3 funding rounds of UDS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2017 | $14.93M | Private Equity Round | $89.5M | β | |
| Jul 2007 | $1.02M | Series A | $24.52M | New Vernon Wealth Management | β |
| Jan 2005 | $10M | Series A | β | New Vernon Wealth Management | β |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2017 | $89.5M | β’β’β’β’β’β’β’β’ |
| Jul 2007 | $24.52M | β’β’β’β’β’β’β’β’ |
Last known valuation $89.5M (Feb 2017). 2 investors in total: 2 institutional.
Investors in UDS
UDS has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Motilal Oswal Alternates and New Vernon Wealth Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Motilal Oswal Alternates is engaged in alternative investment management. | motilaloswalalt.com | Mumbai, India | ||
Provides personalized wealth management and investment strategies for individuals and institutions. | 1972 | newvernonwealth.com | Highland Park, United States |
Investor details for UDS
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Updater Services Limited (UDS)
Updater Services Limited is the primary company behind UDS. The boards of the 3 registered companies of UDS currently have 10 directors; the longest-serving is Raghunandana Tangirala, appointed in 2017. 31 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Raghunandana Tangirala DIN 00628914 | Director | 12 Jan 2017 | 9 yrs 9 mo | Stanworth Management Private Limited, Updater Services Limited, Updater Services (Uds) Foundation |
| Sunil Rewachand Chandiramani DIN 00524035 | Director | 20 Jun 2017 | 9 yrs 4 mo | Updater Services Limited |
| Tangirala Shanthi DIN 00939218 | Director | 09 Apr 2018 | 8 yrs 6 mo | Updater Services (Uds) Foundation |
| Amit Choudhary DIN 07415690 | Director | 25 Apr 2020 | 6 yrs 6 mo | Updater Services Limited |
| Ameerbasha Jainlabudeen DIN 07546786 | Director | 10 Sep 2022 | 4 yrs 1 mo | Stanworth Management Private Limited |
| Sangeeta Sumesh DIN 07080379 | Director | 13 Sep 2022 | 4 yrs 1 mo | Updater Services Limited |
| Amitabh Jaipuria DIN 01864871 | Whole-time director | 04 Mar 2023 | 3 yrs 8 mo | Updater Services Limited |
| Govardhanan DIN 10427717 | Director | 15 Dec 2023 | 2 yrs 10 mo | Updater Services (Uds) Foundation |
| Ramalingam Dandayuthapani DIN 10427638 | Director | 18 Dec 2023 | 2 yrs 10 mo | Stanworth Management Private Limited |
| Jigyasa Sharma DIN 10474292 | Whole-time director | 02 Apr 2024 | 2 yrs 7 mo | Updater Services Limited |
People of UDS
3 people are tracked at UDS (3 in leadership); the tracked headcount is 70,000.
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership | |
Joshi Nitesh | CEO | Leadership |
| Non Executive Director | Leadership |
Complete people profiles for UDS
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of UDS
UDS is a publicly listed company on the NSE with ticker symbol UDS in India, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date04 Oct 2023
- Listed onBSE: 543996 · NSE: UDS
- Listed entityUpdater Services Limited
- Exchange sectorCommercial services
- ISININE851I01011
- Share price₹212.52 (+1.53% on the day) · 2026-10-14
- Market capitalisation₹1,414 Cr
- Price to earnings16.4
- EPS (diluted, trailing year)₹12.97
- Dividend yield0.48%
- Volume (last session)164,629
Financials of UDS
Exchange-reported figures of Updater Services Limited, the listed company behind UDS (NSE: UDS).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,940 | 2,736 | 2,444 | 2,099 | 1,484 | 1,210 | 1,324 |
| Revenue growth | +7.4% | +11.9% | +16.5% | +41.5% | +22.6% | -8.6% | - |
| EBITDA | 129 | 167 | 134 | 92.59 | 78.19 | 66.05 | 72.18 |
| EBITDA margin | +4.4% | +6.1% | +5.5% | +4.4% | +5.3% | +5.5% | +5.5% |
| Profit before tax | 96.09 | 145 | 84.59 | 54.18 | 70.93 | 54.41 | 47.37 |
| Net profit | 88.80 | 118 | 67.59 | 35.81 | 56.11 | 49.50 | 41.18 |
| Net profit margin | +3.0% | +4.3% | +2.8% | +1.7% | +3.8% | +4.1% | +3.1% |
| EPS (βΉ) | 12.80 | 17.74 | 10.15 | 6.76 | 10.47 | 8.53 | 7.81 |
| Balance sheet | |||||||
| Total assets | 1,198 | 1,153 | 1,032 | 775 | 546 | 351 | 393 |
| Net worth | 1,052 | 958 | 840 | 381 | 340 | 285 | 249 |
| Total debt | 44.91 | 102 | 105 | 220 | 71.32 | 16.10 | 89.96 |
| Cash & bank | 254 | 233 | 151 | 165 | 71.02 | 63.81 | 24.66 |
| Net working capital | 546 | 556 | 493 | 272 | 188 | 161 | 210 |
| Cash flow | |||||||
| Cash from operations | 144 | 50.84 | 103 | 115 | 31.07 | 128 | 5.32 |
| Cash from investing | 22.24 | 18.55 | (356) | (153) | (47.16) | (16.55) | (54.61) |
| Cash from financing | (75.85) | (34.51) | 223 | 95.58 | 28.79 | (84.66) | 56.32 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 764 | 743 | 767 | 729 | 700 | 709 | 695 | 680 |
| Revenue growth (YoY) | +9.2% | +4.8% | +10.4% | +7.3% | +7.4% | - | - | - |
| Other income | 4.48 | 6.75 | 3.37 | 5.53 | 5.05 | 16.58 | 5.67 | 6.93 |
| EBITDA | 42.32 | 42.60 | 15.33 | 31.57 | 39.30 | 35.69 | 46.23 | 43.71 |
| EBITDA margin | +5.5% | +5.7% | +2.0% | +4.3% | +5.6% | +5.0% | +6.7% | +6.4% |
| Depreciation | 12.28 | 11.56 | 12.00 | 11.93 | 11.18 | 11.29 | 12.07 | 12.32 |
| Interest | 1.38 | 1.58 | 1.45 | 1.59 | 2.12 | 2.02 | 1.99 | 2.95 |
| Profit before tax | 33.14 | 36.21 | 5.25 | 23.58 | 31.05 | 38.96 | 37.84 | 35.37 |
| Tax | 2.87 | 8.84 | (1.37) | 3.77 | 2.06 | 4.79 | 6.68 | 7.37 |
| Net profit | 30.27 | 27.37 | 6.62 | 19.81 | 28.99 | 34.17 | 31.16 | 28.00 |
| EPS (βΉ) | 4.44 | 4.19 | 1.37 | 2.96 | 4.33 | 5.14 | 4.59 | 4.19 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,762 | 1,592 | 1,453 | 1,309 | 1,071 | 1,005 | 1,094 |
| Revenue growth | +10.7% | +9.6% | +11.0% | +22.2% | +6.5% | -8.1% | - |
| EBITDA | 59.28 | 68.58 | 44.12 | 36.85 | 33.00 | 38.88 | 51.43 |
| EBITDA margin | +3.4% | +4.3% | +3.0% | +2.8% | +3.1% | +3.9% | +4.7% |
| Profit before tax | 61.24 | 99.46 | 42.60 | 37.84 | 36.72 | 31.71 | 35.77 |
| Net profit | 54.51 | 51.70 | 40.09 | 32.31 | 41.08 | 30.72 | 32.52 |
| Net profit margin | +3.1% | +3.3% | +2.8% | +2.5% | +3.8% | +3.1% | +3.0% |
| EPS (βΉ) | 7.89 | 11.85 | 5.58 | 6.12 | 6.99 | 5.84 | 6.16 |
| Balance sheet | |||||||
| Total assets | 995 | 984 | 896 | 615 | 402 | 304 | 362 |
| Net worth | 906 | 853 | 771 | 328 | 288 | 253 | 230 |
| Total debt | 11.11 | 59.59 | 57.30 | 181 | 58.04 | 11.48 | 88.81 |
| Cash & bank | 97.12 | 111 | 22.55 | 32.99 | 10.75 | 38.08 | 7.50 |
| Net working capital | 300 | 347 | 301 | 83.06 | 87.54 | 107 | 177 |
| Cash flow | |||||||
| Cash from operations | 60.87 | 11.12 | 32.39 | 16.51 | 33.89 | 112 | (4.48) |
| Cash from investing | 13.00 | 66.60 | (298) | (101) | (91.52) | (17.25) | (48.81) |
| Cash from financing | (50.97) | (13.98) | 243 | 107 | 38.63 | (80.47) | 53.55 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 464 | 455 | 461 | 431 | 416 | 428 | 397 | 392 |
| Revenue growth (YoY) | +11.4% | +6.2% | +16.2% | +9.9% | +10.9% | - | - | - |
| Other income | 2.62 | 3.16 | 2.46 | 8.20 | 3.10 | 31.06 | 4.93 | 6.06 |
| Total expenses | 444 | 437 | 449 | 419 | 399 | 413 | 377 | 372 |
| EBITDA | 19.17 | 17.56 | 12.31 | 12.08 | 17.34 | 14.71 | 19.75 | 19.72 |
| EBITDA margin | +4.1% | +3.9% | +2.7% | +2.8% | +4.2% | +3.4% | +5.0% | +5.0% |
| Depreciation | 3.35 | 3.10 | 3.25 | 3.31 | 2.82 | 2.12 | 3.26 | 3.44 |
| Interest | 0.47 | 0.50 | 0.47 | 0.41 | 1.11 | 0.81 | 0.81 | 2.17 |
| Profit before tax | 17.97 | 17.12 | 11.05 | 16.56 | 16.51 | 42.84 | 20.61 | 20.17 |
| Tax | 0.79 | 5.02 | 1.22 | 1.26 | 0.88 | 7.34 | 4.12 | 3.71 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 764 | 743 | 767 | 729 | 700 | 709 | 695 | 680 |
| Revenue growth (YoY) | +9.2% | +4.8% | +10.4% | +7.3% | +7.4% | - | - | - |
| Other income | 4.48 | 6.75 | 3.37 | 5.53 | 5.05 | 16.58 | 5.67 | 6.93 |
| EBITDA | 42.32 | 42.60 | 15.33 | 31.57 | 39.30 | 35.69 | 46.23 | 43.71 |
| EBITDA margin | +5.5% | +5.7% | +2.0% | +4.3% | +5.6% | +5.0% | +6.7% | +6.4% |
| Depreciation | 12.28 | 11.56 | 12.00 | 11.93 | 11.18 | 11.29 | 12.07 | 12.32 |
| Interest | 1.38 | 1.58 | 1.45 | 1.59 | 2.12 | 2.02 | 1.99 | 2.95 |
| Profit before tax | 33.14 | 36.21 | 5.25 | 23.58 | 31.05 | 38.96 | 37.84 | 35.37 |
| Tax | 2.87 | 8.84 | (1.37) | 3.77 | 2.06 | 4.79 | 6.68 | 7.37 |
| Net profit | 30.27 | 27.37 | 6.62 | 19.81 | 28.99 | 34.17 | 31.16 | 28.00 |
| EPS (βΉ) | 4.44 | 4.19 | 1.37 | 2.96 | 4.33 | 5.14 | 4.59 | 4.19 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,940 | 2,736 | 2,444 | 2,099 | 1,484 | 1,210 | 1,324 |
| Revenue growth | +7.4% | +11.9% | +16.5% | +41.5% | +22.6% | -8.6% | - |
| Other income | 20.69 | 35.67 | 23.61 | 13.20 | 14.34 | 6.32 | 1.90 |
| Total expenses | 2,811 | 2,570 | 2,310 | 2,006 | 1,405 | 1,144 | 1,252 |
| Employee cost | 2,295 | 2,040 | 1,816 | 1,384 | 1,068 | 982 | 1,054 |
| EBITDA | 129 | 167 | 134 | 92.59 | 78.19 | 66.05 | 72.18 |
| EBITDA margin | +4.4% | +6.1% | +5.5% | +4.4% | +5.3% | +5.5% | +5.5% |
| Depreciation | 46.67 | 47.13 | 53.96 | 37.04 | 16.53 | 14.99 | 16.17 |
| Interest | 6.74 | 10.35 | 19.28 | 14.57 | 5.07 | 2.97 | 10.54 |
| Profit before tax | 96.09 | 145 | 84.59 | 54.18 | 70.93 | 54.41 | 47.37 |
| Tax | 13.30 | 25.75 | 18.32 | 19.58 | 13.57 | 6.86 | 6.13 |
| Net profit | 88.80 | 118 | 67.59 | 35.81 | 56.11 | 49.50 | 41.18 |
| Net profit margin | +3.0% | +4.3% | +2.8% | +1.7% | +3.8% | +4.1% | +3.1% |
| EPS (βΉ) | 12.80 | 17.74 | 10.15 | 6.76 | 10.47 | 8.53 | 7.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 66.95 | 66.95 | 66.95 | 52.95 | 52.82 | 52.82 | 52.82 |
| Reserves & surplus | 985 | 891 | 773 | 328 | 288 | 232 | 196 |
| Shareholders' funds (net worth) | 1,052 | 958 | 840 | 381 | 340 | 285 | 249 |
| Minority interest | 3.48 | 6.43 | 5.95 | 6.92 | 5.31 | 6.93 | 4.54 |
| Secured loans | 0.10 | 48.43 | 52.90 | 177 | 58.68 | 0.00 | 89.83 |
| Unsecured loans | 44.81 | 53.95 | 51.79 | 43.33 | 12.64 | 16.10 | 0.13 |
| Total debt | 44.91 | 102 | 105 | 220 | 71.32 | 16.10 | 89.96 |
| Total liabilities | 1,198 | 1,153 | 1,032 | 775 | 546 | 351 | 393 |
| Assets | |||||||
| Gross block | 477 | 473 | 451 | 421 | 246 | 113 | 115 |
| Net block | 342 | 357 | 357 | 359 | 204 | 74.90 | 85.44 |
| Capital work in progress | 0.00 | 1.21 | 10.88 | 0.23 | 4.12 | 0.32 | 0.00 |
| Investments | 78.42 | 43.08 | 6.44 | 3.81 | 0.01 | 4.04 | 1.54 |
| Inventories | 10.35 | 7.87 | 6.99 | 6.99 | 6.33 | 5.01 | 6.63 |
| Sundry debtors | 603 | 608 | 504 | 428 | 347 | 269 | 292 |
| Cash & bank balances | 254 | 233 | 151 | 165 | 71.02 | 63.81 | 24.66 |
| Loans & advances | 113 | 132 | 323 | 98.14 | 80.45 | 49.77 | 104 |
| Total current assets | 980 | 981 | 985 | 698 | 505 | 388 | 428 |
| Total current liabilities | 434 | 425 | 491 | 426 | 317 | 226 | 218 |
| Net working capital | 546 | 556 | 493 | 272 | 188 | 161 | 210 |
| Total assets | 1,198 | 1,153 | 1,032 | 775 | 546 | 351 | 393 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 118 | 83.62 | 115 | 57.29 | 44.58 | 17.30 | 10.40 |
| Net cash from operating activities | 144 | 50.84 | 103 | 115 | 31.07 | 128 | 5.32 |
| Net cash from investing activities | 22.24 | 18.55 | (356) | (153) | (47.16) | (16.55) | (54.61) |
| Net cash from financing activities | (75.85) | (34.51) | 223 | 95.58 | 28.79 | (84.66) | 56.32 |
| Net change in cash | 90.03 | 34.88 | (31.05) | 57.38 | 12.70 | 27.28 | 7.03 |
| Closing cash | 254 | 233 | 151 | 165 | 71.02 | 63.81 | 24.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +7.4% | +11.9% | +16.5% | +41.5% | +22.6% | -8.6% | - |
| EBITDA growth | -22.7% | +24.1% | +45.0% | +18.4% | +18.4% | -8.5% | - |
| PBT growth | -33.6% | +71.1% | +56.1% | -23.6% | +30.4% | +14.9% | +9997.0% |
| Net income growth | -24.9% | +74.9% | +88.8% | -36.2% | +13.4% | +20.2% | - |
| Revenue CAGR (3Y) | +11.9% | +22.6% | +26.4% | +16.6% | - | - | - |
| EBITDA CAGR (3Y) | +11.6% | +28.7% | +26.7% | +8.7% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +2.8% | +4.4% | +2.7% | +1.7% | +3.9% | +3.9% | +3.1% |
| Return on capital employed | +8.8% | +14.3% | +11.6% | +10.5% | +17.2% | +17.4% | +14.9% |
| Return on net worth | +8.2% | +13.2% | +10.9% | +9.6% | +18.3% | +19.5% | +16.6% |
| Debt / equity | 0.07 | 0.12 | 0.27 | 0.40 | 0.14 | 0.20 | 0.36 |
| Long-term debt / equity | 0.03 | 0.04 | 0.06 | 0.08 | 0.02 | 0.00 | 0.00 |
| Interest cover | 8.21 | 8.67 | 24.02 | 26.23 | 8.22 | 5.82 | 18.82 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.19 | 5.92 | 5.60 | 6.29 | 8.28 | 10.64 | 11.56 |
| Inventory turnover | 322.67 | 368.24 | 349.69 | 315.15 | 261.65 | 207.91 | 199.69 |
| Debtors turnover | 4.86 | 4.92 | 5.25 | 5.41 | 4.81 | 4.31 | 4.53 |
| EPS (βΉ) | 12.80 | 17.74 | 10.15 | 6.76 | 10.47 | 8.53 | 7.81 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 157.17 | 143.11 | 125.49 | 71.93 | 64.45 | 54.01 | 47.05 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 464 | 455 | 461 | 431 | 416 | 428 | 397 | 392 |
| Revenue growth (YoY) | +11.4% | +6.2% | +16.2% | +9.9% | +10.9% | - | - | - |
| Other income | 2.62 | 3.16 | 2.46 | 8.20 | 3.10 | 31.06 | 4.93 | 6.06 |
| Total expenses | 444 | 437 | 449 | 419 | 399 | 413 | 377 | 372 |
| EBITDA | 19.17 | 17.56 | 12.31 | 12.08 | 17.34 | 14.71 | 19.75 | 19.72 |
| EBITDA margin | +4.1% | +3.9% | +2.7% | +2.8% | +4.2% | +3.4% | +5.0% | +5.0% |
| Depreciation | 3.35 | 3.10 | 3.25 | 3.31 | 2.82 | 2.12 | 3.26 | 3.44 |
| Interest | 0.47 | 0.50 | 0.47 | 0.41 | 1.11 | 0.81 | 0.81 | 2.17 |
| Profit before tax | 17.97 | 17.12 | 11.05 | 16.56 | 16.51 | 42.84 | 20.61 | 20.17 |
| Tax | 0.79 | 5.02 | 1.22 | 1.26 | 0.88 | 7.34 | 4.12 | 3.71 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,762 | 1,592 | 1,453 | 1,309 | 1,071 | 1,005 | 1,094 |
| Revenue growth | +10.7% | +9.6% | +11.0% | +22.2% | +6.5% | -8.1% | - |
| Other income | 16.92 | 47.58 | 28.83 | 28.55 | 13.83 | 4.97 | 0.96 |
| Total expenses | 1,703 | 1,523 | 1,408 | 1,272 | 1,038 | 966 | 1,042 |
| Employee cost | 1,540 | 1,349 | 1,245 | 1,143 | 933 | 888 | 938 |
| EBITDA | 59.28 | 68.58 | 44.12 | 36.85 | 33.00 | 38.88 | 51.43 |
| EBITDA margin | +3.4% | +4.3% | +3.0% | +2.8% | +3.1% | +3.9% | +4.7% |
| Depreciation | 12.47 | 11.22 | 16.39 | 15.15 | 5.65 | 5.80 | 6.72 |
| Interest | 2.49 | 5.48 | 13.96 | 12.41 | 4.46 | 6.34 | 9.90 |
| Profit before tax | 61.24 | 99.46 | 42.60 | 37.84 | 36.72 | 31.71 | 35.77 |
| Tax | 8.39 | 20.13 | 5.22 | 5.44 | (0.21) | 0.87 | 3.23 |
| Net profit | 54.51 | 51.70 | 40.09 | 32.31 | 41.08 | 30.72 | 32.52 |
| Net profit margin | +3.1% | +3.3% | +2.8% | +2.5% | +3.8% | +3.1% | +3.0% |
| EPS (βΉ) | 7.89 | 11.85 | 5.58 | 6.12 | 6.99 | 5.84 | 6.16 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 66.95 | 66.95 | 66.95 | 52.95 | 52.82 | 52.82 | 52.82 |
| Reserves & surplus | 839 | 786 | 704 | 275 | 236 | 200 | 178 |
| Shareholders' funds (net worth) | 906 | 853 | 771 | 328 | 288 | 253 | 230 |
| Secured loans | 0.00 | 45.37 | 50.98 | 177 | 57.58 | 7.01 | 88.81 |
| Unsecured loans | 11.11 | 14.22 | 6.32 | 4.15 | 0.46 | 4.47 | 0.00 |
| Total debt | 11.11 | 59.59 | 57.30 | 181 | 58.04 | 11.48 | 88.81 |
| Total liabilities | 995 | 984 | 896 | 615 | 402 | 304 | 362 |
| Assets | |||||||
| Gross block | 105 | 98.70 | 79.58 | 64.62 | 41.84 | 31.85 | 29.78 |
| Net block | 49.45 | 53.83 | 38.76 | 36.27 | 22.97 | 8.84 | 12.24 |
| Capital work in progress | 0.00 | 0.76 | 9.45 | 0.00 | 1.85 | 0.00 | 0.01 |
| Investments | 453 | 418 | 397 | 378 | 167 | 92.77 | 92.77 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 406 | 389 | 321 | 287 | 236 | 206 | 245 |
| Cash & bank balances | 97.12 | 111 | 22.55 | 32.99 | 10.75 | 38.08 | 7.50 |
| Loans & advances | 63.76 | 108 | 301 | 61.15 | 49.52 | 47.34 | 95.59 |
| Total current assets | 566 | 608 | 645 | 381 | 297 | 292 | 348 |
| Total current liabilities | 267 | 262 | 344 | 298 | 209 | 184 | 171 |
| Net working capital | 300 | 347 | 301 | 83.06 | 87.54 | 107 | 177 |
| Total assets | 995 | 984 | 896 | 615 | 402 | 304 | 362 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 66.34 | 2.61 | 25.83 | 2.16 | 21.16 | 7.00 | 6.88 |
| Net cash from operating activities | 60.87 | 11.12 | 32.39 | 16.51 | 33.89 | 112 | (4.48) |
| Net cash from investing activities | 13.00 | 66.60 | (298) | (101) | (91.52) | (17.25) | (48.81) |
| Net cash from financing activities | (50.97) | (13.98) | 243 | 107 | 38.63 | (80.47) | 53.55 |
| Net change in cash | 22.90 | 63.73 | (23.22) | 21.90 | (19.00) | 14.16 | 0.26 |
| Closing cash | 97.12 | 111 | 22.55 | 32.99 | 10.75 | 38.08 | 7.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.7% | +9.6% | +11.0% | +22.2% | +6.5% | -8.1% | - |
| EBITDA growth | -13.6% | +55.4% | +19.7% | +11.7% | -15.1% | -24.4% | - |
| PBT growth | -38.4% | +133.5% | +12.6% | +3.1% | +15.8% | -11.4% | +13.7% |
| Net income growth | +5.4% | +29.0% | +24.1% | -21.4% | +33.7% | -5.5% | - |
| Revenue CAGR (3Y) | +10.4% | +14.1% | +13.1% | +6.2% | +4.3% | +7.1% | - |
| EBITDA CAGR (3Y) | +17.2% | +27.6% | +4.3% | -10.5% | -5.5% | -2.0% | - |
| Profitability & leverage | |||||||
| Net income margin | +3.0% | +5.0% | +2.6% | +2.5% | +3.5% | +3.1% | +3.0% |
| Return on capital employed | +6.4% | +8.7% | +7.5% | +9.9% | +13.1% | +11.4% | +15.1% |
| Return on net worth | +6.0% | +6.4% | +6.8% | +10.5% | +15.2% | +12.8% | +15.2% |
| Debt / equity | 0.04 | 0.07 | 0.22 | 0.39 | 0.13 | 0.21 | 0.27 |
| Long-term debt / equity | 0.01 | 0.01 | 0.02 | 0.03 | 0.00 | 0.00 | 0.00 |
| Interest cover | 5.32 | 9.55 | 50.34 | 57.19 | 16.31 | 19.17 | 22.14 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 17.34 | 17.86 | 20.15 | 24.58 | 29.06 | 32.62 | 39.77 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.43 | 4.48 | 4.78 | 5.00 | 4.84 | 4.46 | 5.06 |
| EPS (βΉ) | 7.89 | 11.85 | 5.58 | 6.12 | 6.99 | 5.84 | 6.16 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 135.32 | 127.45 | 115.13 | 61.86 | 54.60 | 47.89 | 43.61 |
Investments & Acquisitions by UDS
UDS has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Athena BPO, Denave and Matrix.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Business process outsourcing services are provided from Mumbai, India. | athenabpo.com | Mumbai, India | 1990 | Jan 2023 | $17.66M | |
AI-powered sales enablement and revenue development services are provided. | denave.com | Noida, India | 1999 | Nov 2021 | $8.46M | |
Washroom hygiene products are manufactured and cleaning services are provided. | washroomhygiene.co.in | Delhi, India | 2007 | Sep 2019 | β’β’β’β’ | |
Matrix is recognized as India's largest business assurance company. | matrixbsindia.com | Chennai, India | 2003 | May 2019 | $5.62M |
Complete acquisition details for UDS
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Timeline of UDS
9 dated milestones of UDS across 38 years, from founding to its latest funding, stage changes and deals.
- Founded UDS is founded.
- Funding First funding round of $10.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Private Equity Round, of $14.9M.
- Acquisition Acquires Matrix.
- Acquisition Acquires Washroom Hygiene.
- Acquisition Acquires Denave.
- Acquisition Acquires Athena BPO.
- IPO Lists on the stock exchange (IPO).
Competitors of UDS
UDS has 3 listed competitors in our database, 2 of them funded. They include SILA, Supreme Facility Management and Dusters Total Solutions Services.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| silagroup.co.in | 2010 | Mumbai, India | $17.79M | 20,676 | Provider of facility & project management, advisory, general contracting, and real estate development services | |
| supremefacility.com | 1983 | Pune, India | Facility management services are provided for various operational needs. | |||
| dtss.in | 1994 | Bengaluru, India | $10.05M | 72 | Integrated facility management services are provided across multiple sectors. |
Detailed competitors of UDS
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Web traffic of UDS
The website of UDS (uds.in) receives about 13K visits a month.
- Monthly visits13K
▼ 47.4% vs previous month
Top companies in Facility & Event Management Services
2 companies that operate in the same segment as UDS (Facility & Event Management Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of facility & project management, advisory, general contracting, and real estate development services | 2010 | Mumbai, Maharashtra, India | USD 117.79 M | USD 62.85 M | 15,502 | |
Security solutions and business support services are provided globally. | 1998 | Delhi, Delhi, India | USD 54.68 M | USD 1.7 B | 179,689 |
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Frequently Asked Questions about UDS
UDS was founded in 1985 and raised its 1st funding round 20 years after it was founded.
UDS is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Joshi Nitesh is the CEO of UDS, as recorded in our data.
UDS is a funded company, having raised a total of $25.95M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jan 2005.
UDS has 70,000 employees.
The primary company behind UDS, Updater Services Limited, reported revenue of βΉ2,960 Cr for FY 2026, up 7% year on year.
Updater Services Limited, operating as UDS, is engaged in delivering integrated business services across India. Services are offered in facility management, engineering, production support, and soft services. Operations span multiple sectors including manufacturing, retail, healthcare, metro rail, and airports. A pan-India presence with over 51 points of operation is maintained. Solutions are tailored to meet diverse client needs with a workforce of over 57,000 employees. Technology and innovation are integrated to enhance service delivery and operational efficiency.
UDS's top competitors include SILA, Supreme Facility Management and Dusters Total Solutions Services.
UDS offers Integrated Facilities Management, Engineering Services, Production Support Services, Soft Services, and Warehouse Management.
Yes, UDS is publicly traded on NSE under the ticker symbol UDS.
UDS has made 4 acquisitions, including Athena BPO, Denave, and Matrix.
UDS has 2 investors. Key investors include Motilal Oswal Alternates, and New Vernon Wealth Management.
