
About Ucal Limited
Data last updated:
Ucal Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Carburettors Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 04 November 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L31900TN1985PLC012343. Its GSTIN is 33AAACU0541K1ZM (Tamil Nadu). The company holds 8 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 500464 and NSE: UCAL.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹22.11 Cr. It was formerly known as Ucal Fuel Systems Pvt Limited. It is led by directors including Krishnamurthy Jayakar (Managing Director) and Adithya Srivatsa Jayakar (Managing Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Unit 11 B/2 (S.P) 1st Cross Road Ambattur Industrial Estate, Chennai, Tamil Nadu, India – 600058.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹837.82 Cr, a growth of 4.4% compared to the previous year. For the same year it recorded a net loss of ₹18.5 Cr (net margin -2.2%) and EBITDA of ₹32.7 Cr (EBITDA margin 3.9%). The net worth stands at ₹326.16 Cr (down 8% YoY). Total assets are valued at ₹522.73 Cr (down 22.7% YoY).
The company has about 795 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Ucal Fuel Systems and UCAL. As per MCA filings, the company has open charges of ₹338.82 Cr and satisfied charges of ₹532.63 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 2 cases are pending. The company has 27 deals on record (26 market trades, 1 acquisition); the latest was in December 2024. The company has 29 MSME Form 1 returns on record between 2014 and 2024, listing 939 overdue payments to 78 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ucalfuel.com.
Company details
Contact details
Ucal Limited's registered office is in Chennai, Tamil Nadu. Its website is ucalfuel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit 11 B/2 (S.P) 1st Cross Road Ambattur Industrial Estate, Chennai, Tamil Nadu, India – 600058
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Ucal Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Ucal operates two associated brands: Ucal Fuel Systems and UCAL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs automotive components, offers engineering services, and handles contract manufacturing. | ucalfuel.com | |
| UCAL is recognized as a leading mobility solution partner. | ucal.com |
Business activity
The main business activity of Ucal is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. |
To see the full business activity and turnover split of Ucal Limited, buy the company report.
Financials of Ucal Limited
FY 2025-26 filings availableUcal Limited reported revenue of ₹837.82 Cr (up 4.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · 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 | 838 | 802 | 723 | 823 | 782 | 687 | 732 |
| Revenue growth | +4.4% | +10.9% | -12.1% | +5.2% | +13.9% | -6.1% | - |
| EBITDA | 32.70 | 39.76 | 38.69 | 57.44 | 72.76 | 66.53 | 88.95 |
| EBITDA margin | +3.9% | +5.0% | +5.4% | +7.0% | +9.3% | +9.7% | +12.2% |
| Profit before tax | (28.55) | (8.45) | (8.84) | 6.43 | 39.02 | 11.02 | 34.99 |
| Net profit | (18.50) | (23.64) | (25.36) | 1.07 | 34.77 | 28.88 | 20.87 |
| Net profit margin | -2.2% | -3.0% | -3.5% | +0.1% | +4.4% | +4.2% | +2.9% |
| EPS (₹) | (15.07) | (7.36) | (11.42) | 0.39 | 15.78 | 13.05 | 9.56 |
| Balance sheet | |||||||
| Total assets | 523 | 676 | 644 | 603 | 647 | 670 | 595 |
| Net worth | 326 | 355 | 371 | 393 | 392 | 358 | 331 |
| Total debt | 186 | 312 | 268 | 205 | 223 | 274 | 220 |
| Cash & bank | 38.59 | 39.94 | 6.69 | 1.50 | 1.90 | 32.30 | 4.23 |
| Net working capital | 79.92 | 133 | 80.52 | 53.44 | 93.41 | 111 | 21.90 |
| Cash flow | |||||||
| Cash from operations | 90.69 | 14.61 | 38.95 | 78.18 | 80.54 | 10.47 | 134 |
| Cash from investing | 64.72 | (5.30) | (74.45) | (28.42) | (26.85) | (11.44) | (60.68) |
| Cash from financing | (154) | (6.85) | 39.91 | (8.87) | (82.61) | 30.54 | (65.04) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 231 | 203 | 233 | 199 | 195 | 195 | 199 | 203 |
| Revenue growth (YoY) | +18.5% | +4.4% | +17.4% | -2.4% | -8.7% | +4.0% | - | - |
| Other income | 1.05 | 1.70 | 1.56 | 1.54 | 2.90 | 2.90 | 2.78 | 15.43 |
| EBITDA | 22.86 | 19.39 | 2.76 | 4.75 | 10.21 | 10.21 | (3.61) | 9.66 |
| EBITDA margin | +9.9% | +9.5% | +1.2% | +2.4% | +5.2% | +5.2% | -1.8% | +4.8% |
| Depreciation | 6.43 | 6.20 | 9.19 | 8.64 | 9.59 | 9.59 | 10.34 | 10.58 |
| Interest | 6.43 | 6.99 | 6.36 | 8.18 | 8.28 | 8.28 | 6.08 | 6.71 |
| Profit before tax | 11.05 | 7.90 | (11.23) | (10.53) | (4.76) | (4.76) | (17.25) | 7.80 |
| Tax | 2.88 | 2.06 | 1.94 | (0.84) | 1.25 | 1.25 | 3.34 | 1.47 |
| Net profit | 8.17 | 5.84 | (13.17) | (9.69) | (6.01) | (6.01) | (20.59) | 6.33 |
| EPS (₹) | 3.70 | 2.64 | (5.95) | (4.38) | (2.72) | (2.72) | (9.31) | 2.86 |
| 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 | 647 | 583 | 482 | 584 | 544 | 493 | 510 |
| Revenue growth | +11.0% | +20.8% | -17.4% | +7.4% | +10.4% | -3.4% | - |
| EBITDA | (52.17) | 55.97 | 47.09 | 46.54 | 46.01 | 53.89 | (35.04) |
| EBITDA margin | -8.1% | +9.6% | +9.8% | +8.0% | +8.5% | +10.9% | -6.9% |
| Profit before tax | (91.98) | 30.15 | 16.97 | 12.90 | 8.46 | 13.91 | (69.75) |
| Net profit | 4.53 | 10.69 | 1.08 | 8.35 | 7.96 | 35.35 | 40.36 |
| Net profit margin | +0.7% | +1.8% | +0.2% | +1.4% | +1.5% | +7.2% | +7.9% |
| EPS (₹) | (43.76) | 10.22 | 0.52 | 3.88 | 3.59 | 15.98 | (38.78) |
| Balance sheet | |||||||
| Total assets | 471 | 582 | 518 | 516 | 547 | 576 | 486 |
| Net worth | 280 | 375 | 354 | 358 | 353 | 350 | 314 |
| Total debt | 181 | 198 | 159 | 155 | 188 | 218 | 165 |
| Cash & bank | 38.36 | 39.35 | 5.13 | 1.32 | 1.45 | 31.22 | 2.01 |
| Net working capital | 63.56 | 71.70 | (5.94) | (25.59) | 9.34 | 25.18 | (53.54) |
| Cash flow | |||||||
| Cash from operations | 67.61 | 4.23 | 73.58 | 69.33 | 27.06 | 16.09 | 123 |
| Cash from investing | (30.51) | 4.18 | (45.27) | (13.57) | (5.40) | (16.61) | (58.64) |
| Cash from financing | (36.59) | (4.08) | (25.32) | (32.15) | (46.75) | 32.25 | (61.20) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 229 | 201 | 181 | 161 | 165 | 140 | 150 | 150 |
| Revenue growth (YoY) | +38.9% | +44.3% | +20.8% | +7.0% | +6.8% | +9.2% | - | - |
| Other income | 0.81 | 1.47 | 1.29 | 1.32 | 0.95 | 1.20 | 2.07 | 16.33 |
| Total expenses | 206 | 183 | 270 | 152 | 149 | 128 | 140 | 136 |
| EBITDA | 23.07 | 18.79 | (88.50) | 9.24 | 15.86 | 11.22 | 10.51 | 14.00 |
| EBITDA margin | +10.1% | +9.3% | -48.8% | +5.7% | +9.6% | +8.0% | +7.0% | +9.3% |
| Depreciation | 6.09 | 5.55 | 6.32 | 5.62 | 6.12 | 5.38 | 5.62 | 5.84 |
| Interest | 6.35 | 6.89 | 4.18 | 5.80 | 5.59 | 5.57 | 5.02 | 4.82 |
| Profit before tax | 11.44 | 7.82 | (97.71) | (0.86) | 5.10 | 1.47 | 1.94 | 19.67 |
| Tax | 2.66 | 1.94 | 1.87 | (0.81) | 2.59 | 1.14 | 3.34 | 1.58 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 231 | 203 | 233 | 199 | 195 | 195 | 199 | 203 |
| Revenue growth (YoY) | +18.5% | +4.4% | +17.4% | -2.4% | -8.7% | +4.0% | - | - |
| Other income | 1.05 | 1.70 | 1.56 | 1.54 | 2.90 | 2.90 | 2.78 | 15.43 |
| EBITDA | 22.86 | 19.39 | 2.76 | 4.75 | 10.21 | 10.21 | (3.61) | 9.66 |
| EBITDA margin | +9.9% | +9.5% | +1.2% | +2.4% | +5.2% | +5.2% | -1.8% | +4.8% |
| Depreciation | 6.43 | 6.20 | 9.19 | 8.64 | 9.59 | 9.59 | 10.34 | 10.58 |
| Interest | 6.43 | 6.99 | 6.36 | 8.18 | 8.28 | 8.28 | 6.08 | 6.71 |
| Profit before tax | 11.05 | 7.90 | (11.23) | (10.53) | (4.76) | (4.76) | (17.25) | 7.80 |
| Tax | 2.88 | 2.06 | 1.94 | (0.84) | 1.25 | 1.25 | 3.34 | 1.47 |
| Net profit | 8.17 | 5.84 | (13.17) | (9.69) | (6.01) | (6.01) | (20.59) | 6.33 |
| EPS (₹) | 3.70 | 2.64 | (5.95) | (4.38) | (2.72) | (2.72) | (9.31) | 2.86 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 838 | 802 | 723 | 823 | 782 | 687 | 732 |
| Revenue growth | +4.4% | +10.9% | -12.1% | +5.2% | +13.9% | -6.1% | - |
| Other income | 5.76 | 22.20 | 10.28 | 9.10 | 30.65 | 12.88 | 12.26 |
| Total expenses | 805 | 763 | 684 | 766 | 710 | 620 | 643 |
| Employee cost | 0.00 | 195 | 159 | 167 | 166 | 150 | 179 |
| EBITDA | 32.70 | 39.76 | 38.69 | 57.44 | 72.76 | 66.53 | 88.95 |
| EBITDA margin | +3.9% | +5.0% | +5.4% | +7.0% | +9.3% | +9.7% | +12.2% |
| Depreciation | 36.66 | 40.91 | 33.38 | 38.03 | 41.29 | 40.45 | 39.50 |
| Interest | 30.35 | 29.50 | 24.43 | 22.08 | 23.10 | 27.94 | 26.72 |
| Profit before tax | (28.55) | (8.45) | (8.84) | 6.43 | 39.02 | 11.02 | 34.99 |
| Tax | 4.77 | 7.84 | 16.41 | 5.58 | 4.14 | (17.86) | 13.83 |
| Net profit | (18.50) | (23.64) | (25.36) | 1.07 | 34.77 | 28.88 | 20.87 |
| Net profit margin | -2.2% | -3.0% | -3.5% | +0.1% | +4.4% | +4.2% | +2.9% |
| EPS (₹) | (15.07) | (7.36) | (11.42) | 0.39 | 15.78 | 13.05 | 9.56 |
| 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 | 22.11 | 22.11 | 22.11 | 22.11 | 22.11 | 22.11 | 22.11 |
| Reserves & surplus | 304 | 333 | 349 | 371 | 369 | 336 | 309 |
| Shareholders' funds (net worth) | 326 | 355 | 371 | 393 | 392 | 358 | 331 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 124 | 169 | 122 | 105 | 153 | 196 | 162 |
| Unsecured loans | 62.02 | 143 | 145 | 100 | 70.03 | 77.65 | 58.14 |
| Total debt | 186 | 312 | 268 | 205 | 223 | 274 | 220 |
| Total liabilities | 523 | 676 | 644 | 603 | 647 | 670 | 595 |
| Assets | |||||||
| Gross block | 551 | 746 | 733 | 654 | 662 | 633 | 631 |
| Net block | 387 | 478 | 503 | 449 | 473 | 484 | 510 |
| Capital work in progress | 26.81 | 26.61 | 21.21 | 15.98 | 3.56 | 2.09 | 1.36 |
| Investments | 2.96 | 3.66 | 2.97 | 3.19 | 2.89 | 2.93 | 1.69 |
| Inventories | 72.16 | 131 | 98.30 | 97.83 | 106 | 97.47 | 91.10 |
| Sundry debtors | 103 | 111 | 118 | 119 | 96.96 | 133 | 81.20 |
| Cash & bank balances | 38.59 | 39.94 | 6.69 | 1.50 | 1.90 | 32.30 | 4.23 |
| Loans & advances | 24.07 | 17.58 | 14.88 | 14.57 | 19.72 | 36.30 | 20.63 |
| Total current assets | 237 | 300 | 238 | 233 | 225 | 299 | 197 |
| Total current liabilities | 158 | 167 | 157 | 179 | 131 | 188 | 175 |
| Net working capital | 79.92 | 133 | 80.52 | 53.44 | 93.41 | 111 | 21.90 |
| Total assets | 523 | 676 | 644 | 603 | 647 | 670 | 595 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.72 | 0.26 | (4.15) | (45.04) | (16.12) | (45.68) | (53.50) |
| Net cash from operating activities | 90.69 | 14.61 | 38.95 | 78.18 | 80.54 | 10.47 | 134 |
| Net cash from investing activities | 64.72 | (5.30) | (74.45) | (28.42) | (26.85) | (11.44) | (60.68) |
| Net cash from financing activities | (154) | (6.85) | 39.91 | (8.87) | (82.61) | 30.54 | (65.04) |
| Net change in cash | 1.22 | 2.46 | 4.41 | 40.89 | (28.92) | 29.56 | 7.82 |
| Closing cash | 38.59 | 39.94 | 6.69 | 1.50 | 1.90 | 32.30 | 4.23 |
| 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 | +4.4% | +10.9% | -12.1% | +5.2% | +13.9% | -6.1% | - |
| EBITDA growth | -17.8% | +2.8% | -32.6% | -21.1% | +9.4% | -25.2% | - |
| PBT growth | -237.9% | +4.4% | - | -83.5% | +254.1% | -68.5% | -52.1% |
| Net income growth | +21.7% | +6.8% | -2470.1% | -96.9% | +20.4% | +38.4% | - |
| Revenue CAGR (3Y) | +0.6% | +0.8% | +1.7% | +4.0% | -3.5% | -5.8% | -2.6% |
| EBITDA CAGR (3Y) | -17.1% | -18.2% | -16.5% | -13.6% | -16.4% | -18.5% | -4.5% |
| Profitability & leverage | |||||||
| Net income margin | -4.0% | -2.0% | -3.5% | +0.1% | +4.5% | +4.2% | +2.9% |
| Return on capital employed | +3.4% | +0.9% | +2.5% | +4.4% | +9.5% | +6.2% | +10.7% |
| Return on net worth | -5.3% | -10.8% | -6.6% | +0.3% | +9.3% | +8.4% | +6.5% |
| Debt / equity | 0.73 | 0.80 | 0.62 | 0.55 | 0.66 | 0.72 | 0.69 |
| Long-term debt / equity | 0.37 | 0.39 | 0.26 | 0.18 | 0.25 | 0.26 | 0.21 |
| Interest cover | -766.41 | -2,565.22 | 460.08 | 113.76 | 73.40 | 107.13 | 54.03 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.29 | 1.09 | 1.05 | 1.25 | 1.21 | 1.09 | 1.28 |
| Inventory turnover | 8.23 | 6.98 | 7.37 | 8.07 | 7.68 | 7.28 | 8.14 |
| Debtors turnover | 7.86 | 7.02 | 6.10 | 7.63 | 6.80 | 6.41 | 6.75 |
| EPS (₹) | (15.07) | (7.36) | (11.42) | 0.39 | 15.78 | 13.05 | 9.56 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 2.00 | 2.00 | 2.00 | 0.00 |
| Book value per share (₹) | 147.49 | 160.40 | 167.85 | 177.87 | 177.05 | 162.07 | 149.67 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 229 | 201 | 181 | 161 | 165 | 140 | 150 | 150 |
| Revenue growth (YoY) | +38.9% | +44.3% | +20.8% | +7.0% | +6.8% | +9.2% | - | - |
| Other income | 0.81 | 1.47 | 1.29 | 1.32 | 0.95 | 1.20 | 2.07 | 16.33 |
| Total expenses | 206 | 183 | 270 | 152 | 149 | 128 | 140 | 136 |
| EBITDA | 23.07 | 18.79 | (88.50) | 9.24 | 15.86 | 11.22 | 10.51 | 14.00 |
| EBITDA margin | +10.1% | +9.3% | -48.8% | +5.7% | +9.6% | +8.0% | +7.0% | +9.3% |
| Depreciation | 6.09 | 5.55 | 6.32 | 5.62 | 6.12 | 5.38 | 5.62 | 5.84 |
| Interest | 6.35 | 6.89 | 4.18 | 5.80 | 5.59 | 5.57 | 5.02 | 4.82 |
| Profit before tax | 11.44 | 7.82 | (97.71) | (0.86) | 5.10 | 1.47 | 1.94 | 19.67 |
| Tax | 2.66 | 1.94 | 1.87 | (0.81) | 2.59 | 1.14 | 3.34 | 1.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 647 | 583 | 482 | 584 | 544 | 493 | 510 |
| Revenue growth | +11.0% | +20.8% | -17.4% | +7.4% | +10.4% | -3.4% | - |
| Other income | 4.76 | 18.99 | 5.64 | 2.75 | 3.85 | 4.66 | 7.66 |
| Total expenses | 699 | 527 | 435 | 538 | 498 | 439 | 545 |
| Employee cost | 0.00 | 84.11 | 75.09 | 76.77 | 79.56 | 71.20 | 78.25 |
| EBITDA | (52.17) | 55.97 | 47.09 | 46.54 | 46.01 | 53.89 | (35.04) |
| EBITDA margin | -8.1% | +9.6% | +9.8% | +8.0% | +8.5% | +10.9% | -6.9% |
| Depreciation | 23.44 | 22.27 | 18.23 | 18.27 | 22.12 | 21.08 | 20.52 |
| Interest | 21.13 | 22.54 | 17.53 | 18.12 | 19.28 | 23.56 | 21.85 |
| Profit before tax | (91.98) | 30.15 | 16.97 | 12.90 | 8.46 | 13.91 | (69.75) |
| Tax | 4.78 | 7.55 | 15.83 | 4.32 | 0.52 | (21.42) | 15.98 |
| Net profit | 4.53 | 10.69 | 1.08 | 8.35 | 7.96 | 35.35 | 40.36 |
| Net profit margin | +0.7% | +1.8% | +0.2% | +1.4% | +1.5% | +7.2% | +7.9% |
| EPS (₹) | (43.76) | 10.22 | 0.52 | 3.88 | 3.59 | 15.98 | (38.78) |
| 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 | 22.11 | 22.11 | 22.11 | 22.11 | 22.11 | 22.11 | 22.11 |
| Reserves & surplus | 258 | 353 | 332 | 336 | 331 | 328 | 292 |
| Shareholders' funds (net worth) | 280 | 375 | 354 | 358 | 353 | 350 | 314 |
| Secured loans | 140 | 83.52 | 82.86 | 92.36 | 123 | 147 | 113 |
| Unsecured loans | 40.93 | 115 | 76.30 | 62.27 | 64.33 | 71.50 | 52.16 |
| Total debt | 181 | 198 | 159 | 155 | 188 | 218 | 165 |
| Total liabilities | 471 | 582 | 518 | 516 | 547 | 576 | 486 |
| Assets | |||||||
| Gross block | 490 | 460 | 464 | 426 | 459 | 456 | 441 |
| Net block | 350 | 340 | 355 | 333 | 350 | 368 | 373 |
| Capital work in progress | 26.54 | 26.15 | 21.21 | 15.92 | 3.56 | 2.09 | 1.36 |
| Investments | 8.69 | 113 | 112 | 113 | 112 | 112 | 111 |
| Inventories | 63.58 | 56.52 | 48.34 | 42.71 | 53.67 | 53.43 | 50.25 |
| Sundry debtors | 99.36 | 98.00 | 76.28 | 67.87 | 62.26 | 92.90 | 52.27 |
| Cash & bank balances | 38.36 | 39.35 | 5.13 | 1.32 | 1.45 | 31.22 | 2.01 |
| Loans & advances | 21.25 | 15.89 | 9.42 | 7.73 | 8.58 | 6.92 | 11.13 |
| Total current assets | 223 | 210 | 139 | 120 | 126 | 184 | 116 |
| Total current liabilities | 159 | 138 | 145 | 145 | 117 | 159 | 169 |
| Net working capital | 63.56 | 71.70 | (5.94) | (25.59) | 9.34 | 25.18 | (53.54) |
| Total assets | 471 | 582 | 518 | 516 | 547 | 576 | 486 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 7.69 | 3.36 | 0.37 | (23.23) | 1.86 | (29.87) | (32.85) |
| Net cash from operating activities | 67.61 | 4.23 | 73.58 | 69.33 | 27.06 | 16.09 | 123 |
| Net cash from investing activities | (30.51) | 4.18 | (45.27) | (13.57) | (5.40) | (16.61) | (58.64) |
| Net cash from financing activities | (36.59) | (4.08) | (25.32) | (32.15) | (46.75) | 32.25 | (61.20) |
| Net change in cash | 0.51 | 4.33 | 2.99 | 23.61 | (25.10) | 31.73 | 2.98 |
| Closing cash | 38.36 | 39.35 | 5.13 | 1.32 | 1.45 | 31.22 | 2.01 |
| 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 | +11.0% | +20.8% | -17.4% | +7.4% | +10.4% | -3.4% | - |
| EBITDA growth | -193.2% | +18.9% | +1.2% | +1.2% | -14.6% | +253.8% | - |
| PBT growth | - | +77.7% | +31.6% | +52.5% | -39.2% | +9998.0% | - |
| Net income growth | -57.6% | +889.8% | -87.1% | +4.9% | -77.5% | -12.4% | - |
| Revenue CAGR (3Y) | +3.4% | +2.3% | -0.7% | +4.7% | -3.0% | -5.1% | -3.5% |
| EBITDA CAGR (3Y) | - | +6.8% | -4.4% | - | -22.0% | - | - |
| Profitability & leverage | |||||||
| Net income margin | -15.0% | +3.9% | +0.2% | +1.5% | +1.5% | +7.2% | -16.8% |
| Return on capital employed | +6.8% | +6.7% | +6.7% | +5.8% | +4.9% | +7.1% | +10.5% |
| Return on net worth | +1.6% | +0.8% | +0.3% | +2.4% | +2.3% | +10.7% | +10.9% |
| Debt / equity | 0.58 | 0.49 | 0.44 | 0.48 | 0.58 | 0.58 | 0.46 |
| Long-term debt / equity | 0.29 | 0.22 | 0.19 | 0.19 | 0.22 | 0.20 | 0.12 |
| Interest cover | -27.95 | 66.88 | 60.74 | 64.10 | 80.70 | 71.81 | -39.33 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.36 | 1.26 | 1.08 | 1.32 | 1.19 | 1.10 | 1.24 |
| Inventory turnover | 10.77 | 11.12 | 10.60 | 12.12 | 10.16 | 9.50 | 10.38 |
| Debtors turnover | 6.55 | 6.69 | 6.69 | 8.98 | 7.01 | 6.79 | 7.60 |
| EPS (₹) | (43.76) | 10.22 | 0.52 | 3.88 | 3.59 | 15.98 | (38.78) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 2.00 | 2.00 | 2.00 | 0.00 |
| Book value per share (₹) | 126.47 | 169.56 | 160.16 | 161.75 | 159.61 | 158.18 | 141.87 |
To see the full year-wise statements and ratios of Ucal Limited, buy the company report.
Board of directors of Ucal Limited
Ucal has 8 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
Ucal Limited is audited by R Subramanian and Company LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R Subramanian and Company LLP | FY 2025 | 004137S/S200041 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 70.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 29.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 70.30% | 70.30% | 70.30% | 70.30% |
| Public | 29.70% | 29.70% | 29.70% | 29.70% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2026 | 101369737 | Hdfc Bank Limited | ₹1.39 Cr | Open | |
| 26 Feb 2026 | 101246743 | Others | ₹25 Cr | Open | |
| 31 Dec 2025 | 101221796 | Others | ₹30 Cr | Open | |
| 16 Dec 2025 | 101228298 | Others | ₹2.23 Cr | Open | |
| 14 Nov 2025 | 101189848 | Others | ₹1.3 Cr | Open |
To see the full charge records of Ucal Limited, buy the company report.
Total charge records: 82 View all charges
Deals & funding
Ucal Limited has 27 deals on record (26 market trades, 1 acquisition); the latest was in December 2024.
Deals on record (5 of 27)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Market trade | ₹8.58 Cr | Buyer: NK Securities Research Private Limited , Qe Securities LLP Seller: NK Securities Research Private Limited , Qe Securities LLP |
| Aug 2024 | Market trade | ₹3.46 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Jul 2023 | Market trade | ₹1.92 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Dec 2017 | Market trade | ₹6.59 Cr | Buyer: NBN Fintrade Private Limited , an individual Seller: NBN Fintrade Private Limited , an individual |
| Sep 2016 | Market trade | ₹2.41 Cr | Buyer: Neon Vinimay Private Limited Seller: Neon Vinimay Private Limited |
To see the full deal history of Ucal Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ucal Limited has 9 court cases on record: 7 filed by Ucal, 2 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 1 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (AS) | Filed by the company against Kintetsu World Express (India) Pvt Ltd | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Kintetsu World Express (India) Pvt Ltd | Pending |
| Bombay High Court | Court case (CARAP) | Filed against the company by Leap India Private Limited | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Kintetsu World Express (India) Pvt Ltd | Disposed |
| District court, Rewari, Haryana | Court case (SUMM) | Filed against the company by an individual | Disposed |
To see the full case history of Ucal Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Ucal Limited was last rated by Care on 06 Sep 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Sep 2023 |
To see the full credit ratings and regulatory alerts of Ucal Limited, buy the company report.
MSME payment delays
Ucal Limited has 29 MSME Form 1 returns on record between 2014 and 2024, listing 939 overdue payments to 78 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 78)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Patco Precision Components Private Limited | |||
| G.T.R. Aluminium Private Limited | |||
| Smith Industrial Corporation Private Limited | |||
| M.K. Fasteners | |||
| Emm Ess Aircon Pvt.Ltd. |
To see the full MSME payment records of Ucal Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ucal has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ucal Polymer Industries Limited | U25199PY1999PLC001488 |
To see the full group structure of Ucal Limited, buy the company report.
Employees & EPFO
Ucal Limited has a workforce of 795 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 795 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2013-14 | |
| FY 2012-13 | |
| FY 2011-12 |
To see the full employee and EPFO history of Ucal Limited, buy the company report.
GST
Ucal has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACU0541K1ZM | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAACU0541K2ZL | Tamil Nadu | Active | 11 Aug 2017 |
| 33AAACU0541K3ZK | Tamil Nadu | Active | 18 Aug 2017 |
| 06AAACU0541K1ZJ | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ucal Limited, buy the company report.
Recent activity
Ucal Limited has 57 board changes on record since 1985: 33 appointments and 24 cessations. The latest: Lakshminarayanan Priyadarshini ceased to be Director on 13 Mar 2025.
230 earlier events are in the company report.
News
Frequently asked questions
Ucal is an active public limited company based in Chennai, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 04 November 1985 (41+ years old) and is registered under CIN L31900TN1985PLC012343. Listed on BSE: 500464 and NSE: UCAL.
Ucal reported revenue of ₹837.82 Cr for FY 2025-26 (up 4.4% YoY) based on consolidated financials.
Ucal has 8 current directors:
- Krishnamurthy Jayakar - Managing Director
- Adithya Srivatsa Jayakar - Managing Director
- Ram Ramamurthy - Whole-Time Director
- Sundaram Balasubramanian - Director
- Inala Veerabhadra Rao - Director
- Abhaya Shankar - Director
- Sandhya Shekhar - Director
- Ramachandran Sundar - Director
The latest financial statements of Ucal on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ucal is 33AAACU0541K1ZM, registered in Tamil Nadu. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 33AAACU0541K2ZL (Tamil Nadu), 33AAACU0541K3ZK (Tamil Nadu), 06AAACU0541K1ZJ (Haryana).
The CIN (Corporate Identification Number) of Ucal is L31900TN1985PLC012343. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ucal is a listed company as per MCA records. Its shares are listed on both BSE (code: 500464) and NSE (symbol: UCAL).
Ucal has 9 court cases on record: 7 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Ucal was incorporated on 04 November 1985, making it 41+ years old. It is registered with the Registrar of Companies, Chennai.
Ucal has 27 deals on record (26 market trades, 1 acquisition); the latest was in December 2024.
Lakshminarayanan Priyadarshini ceased to be Director on 13 Mar 2025. Sandhya Shekhar was appointed as Director on 13 Mar 2025. Adithya Srivatsa Jayakar was appointed as Managing Director on 12 Nov 2024. Ucal has 57 board changes on record in total.

