Updater Services Limited - business services in Chennai City Corporation, Tamil Nadu, India. FY 2026 financials and compliance.
CIN L74140TN2003PLC051955 Incorporated 13 November 2003 ROC Chennai HQ Chennai City Corporation, Tamil Nadu, India
Active Listed Public Limited Company business services
Data last updated
Revenue · FY 2026
₹2,939.51 Cr
▲ 7.44% YoY
Computed EBITDA · FY 2026
₹154.85 Cr
▼ 23.42% YoY
Net profit · FY 2026
₹82.78 Cr
▼ 30.42% YoY
Authorised capital
₹77.1 Cr
Registered with MCA
Paid-up capital
₹66.95 Cr
Issued & subscribed
Open charges
₹286.75 Cr
Satisfied ₹197.4 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
50,948
Latest available

About Updater Services Limited

Data last updated: 13 July 2026

Updater Services Limited is a public limited company based in Chennai City Corporation, Tamil Nadu, India. It specialises in facility management, a part of the broader business services sector. Incorporated on 13 November 2003, the company has been in operation for over 23 years.

Registered with ROC Chennai under CIN L74140TN2003PLC051955. Listed.

Capital: an authorised share capital of ₹77.1 Cr and a paid-up capital of ₹66.95 Cr. It is led by directors including Raghunandana Tangirala and Amitabh Jaipuria.

Last AGM: 08 August 2025. Financial statements filed for year ended 31 March 2025. Office: Chennai City Corporation, Tamil Nadu.

As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹2,939.51 Cr, a growth of 7.44% compared to the previous year. The net worth stands at ₹1,055.82 Cr (up 9.45% YoY). Total assets are valued at ₹1,639.83 Cr (up 3.29% YoY).

The company has a workforce of approximately 50,948 employees as per the latest available data. Its group structure includes 12 subsidiaries.

The company is associated with 2 brands - Washroom Hygiene, Uds. As per MCA filings, the company has open charges of ₹286.75 Cr and satisfied charges of ₹197.4 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website uds.in.

Company Details of Updater Services Limited
CIN L74140TN2003PLC051955
Registration Number 051955
Incorporation Date 13 November 2003
ROC Chennai
Listing Status Listed
Company Status Active
Date of Last AGM 08 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    1St Floor No.42 Gandhi Mandapam Road, Kotturupuram Chennai, Chennai City Corporation, Tamil Nadu, India – 600085
  • Industry
    Business Services, Facility Management
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Financials, compliance, directors, charges, ownership and filings for Updater Services Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Updater Services Limited

Updater Services Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74140TN2003PLC051955, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L74140TN2003PLC051955 Current
U74140TN2003PLC051955 Previous
U74140TN2003PTC051955 Previous

Associated Brands with Updater Services Limited

Updater Services Limited operates two associated brands: Washroom Hygiene and UDS. These brands represent Updater Services Limited's diversified market presence and brand portfolio.

Brand Description Website
Washroom hygiene products are manufactured and cleaning services are provided. washroomhygiene.co.in
Integrated business services are provided across diverse sectors in India. uds.in

Competitors & Alternatives of Updater Services Limited

Brands and companies operating in the same space as Updater Services Limited include SILA, Patanjali Ayurved, BECO and 7 more.

Competitor Description Location Founded
SILA SILA Provider of facility & project management, advisory, general contracting, and real estate development services Mumbai, India, India 2010
Patanjali Ayurved Patanjali Ayurved Ayurvedic medicines and nutraceuticals are offered via an online platform. Haridwar, India, India 2006
BECO BECO Eco-friendly home, kitchen, and personal care products are provided online. Mumbai, India, India 2018
Wipro Wipro Wipro is recognized as a consulting-led, AI-powered technology services company. Bengaluru, India, India 1945
Colliers Colliers Provider of diversified professional and investment management services Toronto, Canada, Canada 1976
Jyothy Labs Jyothy Labs Fabric care products are offered by an internet-first brand. Mumbai, India, India 1983
HUL HUL Fast-moving consumer goods, packaged foods, and consumer products are produced. Mumbai, India, India 1933
Supreme Facility Management Supreme Facility Management Facility management services are provided for various operational needs. Pune, India, India 1983
Godrej Consumer Products Godrej Consumer Products Household and personal care products are manufactured and distributed. Mumbai, India, India 2001
CBRE CBRE Property management, brokerage, and asset services are provided globally. Dallas, United States, United States 1906

Business Activity of Updater Services Limited

Updater Services Limited is engaged in the principal business activity of support service to organizations, with detailed activities including housekeeping & maintenance service.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
N Support service to Organizations N5 Housekeeping & maintenance service Locked
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Business activity turnover details for Updater Services Limited

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
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  • Filing-level activity changes

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Auditor Details of Updater Services Limited

Updater Services Limited is audited by BSR & Co. LLP (ICAI peer reviewed, certificate valid till 2028-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
BSR & Co. LLP (ICAI peer reviewed, certificate valid till 2028-07-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Updater Services Limited

Updater Services Limited is currently managed by 6 directors, with 21 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Raghunandana Tangirala Managing Director 13 Nov 2003 22 Years 9 Months Current
Amitabh Jaipuria Director 04 Mar 2023 3 Years 5 Months Current
Sangeeta Sumesh Director 13 Sep 2022 3 Years 11 Months Current
Amit Choudhary Director 25 Apr 2020 6 Years 3 Months Current
Sunil Rewachand Chandiramani Director 20 Jun 2017 9 Years 1 Months Current
Jigyasa Sharma Whole-Time Director 02 Apr 2024 2 Years 4 Months Current

Financials of Updater Services Limited FY 2026 filings available

Updater Services Limited reported revenue of ₹2,939.51 Cr (up 7.44% YoY) for FY 2026.

Revenue · FY 2026
₹2,939.51 Cr ▲ 7.44%
Profit · FY 2026
₹82.78 Cr ▼ 30.42%
Computed EBITDA · FY 2026
₹154.85 Cr ▼ 23.42%
Revenue₹ Cr · Consolidated01,0002,0003,000FY 2024: ₹2,444 Cr2,444FY 2024FY 2025: ₹2,736 Cr · +11.9% YoY2,736+11.9%FY 2025FY 2026: ₹2,940 Cr · +7.4% YoY2,940+7.4%FY 2026
Net Profit₹ Cr · Consolidated050100150FY 2024: ₹66 Cr66.3FY 2024FY 2025: ₹119 Cr · +79.5% YoY119+79.5%FY 2025FY 2026: ₹83 Cr · -30.4% YoY82.8-30.4%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year05001,0001,500Q1'25: ₹652 Cr · +13.1% YoY652+13.1%Q1'25Q2'25: ₹680 Cr · +13.3% YoY680+13.3%Q2'25Q3'25: ₹695 Cr · +9.3% YoY695+9.3%Q3'25Q4'25: ₹709 Cr · +12.2% YoY709+12.2%Q4'25Q1'26: ₹700 Cr · +7.4% YoY700+7.4%Q1'26Q2'26: ₹1,430 Cr · +110.2% YoY1,430+110.2%Q2'26Q3'26: ₹767 Cr · +10.4% YoY767+10.4%Q3'26Q4'26: ₹743 Cr · +4.8% YoY743+4.8%Q4'26
Metrics FY 2026 FY 2025 FY 2024
Revenue from Operations ₹2,939.51 Cr ₹2,736.06 Cr ₹2,444.36 Cr
Other Income ₹20.69 Cr ₹35.67 Cr ₹23.61 Cr
Total Income ₹2,960.2 Cr ₹2,771.73 Cr ₹2,467.97 Cr
Cost of Materials Consumed ₹90.67 Cr ₹92.03 Cr ₹97.49 Cr
Purchases of Stock-in-Trade ₹5.89 Cr ₹3.87 Cr ₹4.43 Cr
Changes in Inventories -₹1.93 Cr -₹4.79 Cr ₹3.8 Lakh
Employee Benefit Expense ₹2,294.8 Cr ₹2,040.27 Cr ₹1,815.65 Cr
Finance Costs ₹6.74 Cr ₹10.35 Cr ₹19.28 Cr
Depreciation & Amortisation ₹46.67 Cr ₹47.13 Cr ₹53.96 Cr
Other Expenses ₹415.91 Cr ₹438.14 Cr ₹392.53 Cr
Total Expenses ₹2,858.76 Cr ₹2,627 Cr ₹2,383.39 Cr
Profit Before Exceptional Items & Tax ₹101.44 Cr ₹144.73 Cr ₹84.58 Cr
Exceptional Items -₹5.36 Cr ₹0 ₹0
Profit Before Tax ₹96.08 Cr ₹144.73 Cr ₹84.58 Cr
Total Tax Expense ₹13.31 Cr ₹25.75 Cr ₹18.32 Cr
Net Profit ₹82.78 Cr ₹118.98 Cr ₹66.26 Cr
  attributable to Owners ₹85.68 Cr ₹118.8 Cr ₹67.95 Cr
  attributable to NCI -₹2.9 Cr ₹17.7 Lakh -₹1.68 Cr
Other Comprehensive Income ₹5.16 Cr ₹2.34 Cr -₹3.98 Lakh
Total Comprehensive Income ₹87.94 Cr ₹121.32 Cr ₹66.22 Cr
EBITDA (computed) ₹154.85 Cr ₹202.21 Cr ₹157.83 Cr
Basic EPS ₹12.80 ₹17.74 ₹11.36
Diluted EPS ₹12.80 ₹17.70 ₹11.30
Metrics FY 2026 FY 2025 FY 2024
Total Assets ₹1,639.83 Cr ₹1,587.6 Cr ₹1,534.8 Cr
Non-current Assets ₹589.44 Cr ₹571.55 Cr ₹548.57 Cr
Current Assets ₹1,050.4 Cr ₹1,016.05 Cr ₹986.23 Cr
Property, Plant & Equipment ₹62.2 Cr ₹64.97 Cr ₹106.3 Cr
Inventories ₹10.35 Cr ₹7.87 Cr ₹6.99 Cr
Trade Receivables ₹602.61 Cr ₹608.19 Cr ₹552.91 Cr
Cash & Equivalents ₹208.53 Cr ₹118.5 Cr ₹83.62 Cr
Equity (Net Worth) ₹1,055.82 Cr ₹964.61 Cr ₹846.08 Cr
Equity Share Capital ₹66.95 Cr ₹66.95 Cr ₹66.95 Cr
Borrowings (Non-current) ₹0 ₹0 ₹3.43 Lakh
Borrowings (Current) ₹10.2 Lakh ₹48.43 Cr ₹52.87 Cr
Total Debt (computed) ₹10.2 Lakh ₹48.43 Cr ₹52.9 Cr
Current Liabilities ₹452.71 Cr ₹491.49 Cr ₹563.61 Cr
Total Liabilities ₹584.02 Cr ₹622.99 Cr ₹688.72 Cr
Metrics FY 2026 FY 2025 FY 2024
Operating Cash Flow ₹143.65 Cr ₹50.84 Cr -₹150.12 Cr
Investing Cash Flow ₹22.24 Cr ₹18.55 Cr -₹63.33 Cr
Financing Cash Flow -₹75.85 Cr -₹34.51 Cr ₹182.4 Cr
Capital Expenditure ₹19.32 Cr ₹13.53 Cr ₹39.64 Cr
Free Cash Flow (computed) ₹124.33 Cr ₹37.3 Cr -₹189.76 Cr
Dividends Paid ₹0 ₹0 ₹8.67 Cr
Net Change in Cash ₹90.03 Cr ₹34.88 Cr -₹31.05 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹742.82 Cr ₹767.1 Cr ₹1,429.59 Cr ₹700.24 Cr ₹709.02 Cr ₹694.89 Cr ₹679.99 Cr ₹652.16 Cr ₹631.77 Cr ₹636.05 Cr ₹600.1 Cr ₹576.45 Cr
Other Income ₹6.75 Cr ₹3.37 Cr ₹10.58 Cr ₹5.05 Cr ₹16.58 Cr ₹5.67 Cr ₹6.93 Cr ₹6.49 Cr ₹5.56 Cr ₹9.35 Cr ₹1.8 Cr ₹1.24 Cr
Total Income ₹749.57 Cr ₹770.47 Cr ₹1,440.16 Cr ₹705.29 Cr ₹725.6 Cr ₹700.56 Cr ₹686.92 Cr ₹658.65 Cr ₹637.33 Cr ₹645.4 Cr ₹601.9 Cr ₹577.68 Cr
Cost of Materials Consumed ₹22.95 Cr ₹21.27 Cr ₹46.45 Cr ₹20.63 Cr ₹19.85 Cr ₹26.28 Cr ₹25.01 Cr ₹20.89 Cr ₹21.7 Cr ₹26.01 Cr ₹26 Cr ₹23.79 Cr
Purchases of Stock-in-Trade ₹0 ₹2.7 Cr ₹3.2 Cr ₹1.93 Cr ₹3.8 Cr ₹64.6 Lakh -₹87.2 Lakh ₹29.36 Lakh ₹32.28 Lakh ₹2.49 Cr ₹89.9 Lakh ₹72.2 Lakh
Changes in Inventories ₹64 Lakh -₹83.8 Lakh -₹1.73 Cr -₹1.54 Cr -₹3.69 Cr -₹53 Lakh -₹20.4 Lakh -₹35.99 Lakh ₹94.6 Lakh -₹89.9 Lakh ₹85.2 Cr -₹13.6 Lakh
Employee Benefit Expense ₹586.89 Cr ₹599.18 Cr ₹1,108.74 Cr ₹535.28 Cr ₹527.6 Cr ₹518.43 Cr ₹507.29 Cr ₹486.95 Cr ₹502 Cr ₹430.78 Cr ₹384.16 Cr ₹383.77 Cr
Finance Costs ₹1.58 Cr ₹1.45 Cr ₹3.71 Cr ₹2.12 Cr ₹2.02 Cr ₹1.99 Cr ₹2.95 Cr ₹3.39 Cr ₹3.08 Cr ₹4.25 Cr ₹5.43 Cr ₹4.13 Cr
Depreciation & Amortisation ₹11.56 Cr ₹12 Cr ₹23.12 Cr ₹11.18 Cr ₹11.29 Cr ₹12.07 Cr ₹12.32 Cr ₹11.46 Cr ₹12.29 Cr ₹14.92 Cr ₹13.69 Cr ₹13.06 Cr
Other Expenses ₹89.74 Cr ₹124.11 Cr ₹202.06 Cr ₹104.64 Cr ₹125.77 Cr ₹103.84 Cr ₹105.06 Cr ₹103.47 Cr ₹66.55 Cr ₹142.91 Cr ₹74.26 Cr ₹135.44 Cr
Total Expenses ₹713.36 Cr ₹759.87 Cr ₹1,385.53 Cr ₹674.24 Cr ₹686.64 Cr ₹662.72 Cr ₹651.55 Cr ₹626.1 Cr ₹606.88 Cr ₹620.44 Cr ₹589.63 Cr ₹560.77 Cr
Profit Before Exceptional Items & Tax ₹36.21 Cr ₹10.6 Cr ₹54.63 Cr ₹31.05 Cr ₹38.97 Cr ₹37.84 Cr ₹35.37 Cr ₹32.55 Cr ₹30.46 Cr ₹24.95 Cr ₹12.26 Cr ₹16.91 Cr
Exceptional Items ₹0 -₹5.36 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹36.21 Cr ₹5.25 Cr ₹54.63 Cr ₹31.05 Cr ₹38.97 Cr ₹37.84 Cr ₹35.37 Cr ₹32.55 Cr ₹30.46 Cr ₹24.95 Cr ₹12.26 Cr ₹16.91 Cr
Total Tax Expense ₹8.84 Cr -₹1.37 Cr ₹5.83 Cr ₹2.06 Cr ₹4.78 Cr ₹6.68 Cr ₹7.37 Cr ₹6.92 Cr ₹6.3 Cr ₹4.41 Cr ₹3.09 Cr ₹4.52 Cr
Net Profit ₹27.37 Cr ₹6.61 Cr ₹48.79 Cr ₹28.99 Cr ₹34.19 Cr ₹31.15 Cr ₹28 Cr ₹25.63 Cr ₹24.16 Cr ₹20.54 Cr ₹9.17 Cr ₹12.39 Cr
  attributable to Owners ₹28.04 Cr ₹9.16 Cr ₹48.48 Cr ₹28.59 Cr ₹34.44 Cr ₹30.88 Cr ₹28.12 Cr ₹25.36 Cr ₹25.84 Cr ₹20.83 Cr ₹9.94 Cr ₹12.91 Cr
  attributable to NCI -₹67 Lakh -₹2.55 Cr ₹31.4 Lakh ₹39.9 Lakh -₹25.6 Lakh ₹27.2 Lakh -₹11.1 Lakh ₹27.18 Lakh -₹1.68 Cr -₹28.9 Lakh -₹76.2 Lakh -₹51.4 Lakh
Other Comprehensive Income ₹1.92 Cr ₹1.1 Cr ₹2.15 Cr ₹1.38 Cr ₹74.3 Lakh -₹1.55 Cr ₹3.67 Cr -₹51.1 Lakh -₹22.68 Lakh -₹52.7 Lakh ₹7.45 Lakh ₹0
Total Comprehensive Income ₹29.29 Cr ₹7.71 Cr ₹50.94 Cr ₹30.37 Cr ₹34.93 Cr ₹29.6 Cr ₹31.67 Cr ₹25.12 Cr ₹23.93 Cr ₹20.01 Cr ₹9.25 Cr ₹12.39 Cr
EBITDA (computed) ₹49.35 Cr ₹24.06 Cr ₹81.45 Cr ₹44.35 Cr ₹52.27 Cr ₹51.89 Cr ₹50.64 Cr ₹47.4 Cr ₹45.83 Cr ₹44.12 Cr ₹31.38 Cr ₹34.1 Cr
Basic EPS ₹4.19 ₹1.37 ₹7.29 ₹0.00 ₹5.15 ₹4.61 ₹4.20 ₹3.79 ₹3.86 ₹3.12 ₹1.86 ₹2.44
Diluted EPS ₹4.19 ₹1.37 ₹7.29 ₹0.00 ₹5.14 ₹4.59 ₹4.19 ₹3.79 ₹3.84 ₹3.11 ₹1.86 ₹2.42
Latest 12 quarters shown.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Integrated Facility Management Services ₹527.38 Cr ₹23.53 Cr ₹1,380.96 Cr ₹409.24 Cr
Business Support Services ₹235.29 Cr ₹28.01 Cr ₹503.04 Cr ₹231.45 Cr
Adjustments and eliminations -₹13.1 Cr -₹15.33 Cr -₹244.16 Cr -₹56.61 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Integrated Facility Management Services ₹2,048.02 Cr ₹84.7 Cr - -
Business Support Services ₹967.82 Cr ₹37.15 Cr - -
Adjustments and eliminations -₹55.65 Cr -₹25.76 Cr - -
Metrics FY 2026 FY 2025 FY 2024
Revenue from Operations ₹1,762.41 Cr ₹1,591.73 Cr ₹1,417.12 Cr
Other Income ₹16.92 Cr ₹25.12 Cr ₹28.65 Cr
Total Income ₹1,779.33 Cr ₹1,616.85 Cr ₹1,445.77 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0
Employee Benefit Expense ₹1,539.73 Cr ₹1,348.61 Cr ₹1,214.24 Cr
Finance Costs ₹2.49 Cr ₹5.48 Cr ₹13.86 Cr
Depreciation & Amortisation ₹12.47 Cr ₹11.22 Cr ₹15.66 Cr
Other Expenses ₹159.32 Cr ₹174.54 Cr ₹162.09 Cr
Total Expenses ₹1,714.02 Cr ₹1,539.85 Cr ₹1,405.85 Cr
Profit Before Exceptional Items & Tax ₹65.31 Cr ₹77 Cr ₹39.92 Cr
Exceptional Items -₹4.07 Cr ₹22.47 Cr ₹0
Profit Before Tax ₹61.25 Cr ₹99.46 Cr ₹39.92 Cr
Total Tax Expense ₹8.39 Cr ₹20.13 Cr ₹4.62 Cr
Net Profit ₹52.86 Cr ₹79.33 Cr ₹35.3 Cr
Other Comprehensive Income -₹87.9 Lakh ₹1.43 Cr ₹1.89 Cr
Total Comprehensive Income ₹51.98 Cr ₹80.76 Cr ₹37.2 Cr
EBITDA (computed) ₹80.28 Cr ₹93.7 Cr ₹69.44 Cr
Basic EPS ₹7.89 ₹11.85 ₹6.31
Diluted EPS ₹7.89 ₹11.82 ₹6.31
Metrics FY 2026 FY 2025 FY 2024
Total Assets ₹1,261.46 Cr ₹1,246.04 Cr ₹1,223.5 Cr
Non-current Assets ₹624.55 Cr ₹602.5 Cr ₹594.93 Cr
Current Assets ₹636.91 Cr ₹643.55 Cr ₹628.57 Cr
Property, Plant & Equipment ₹39.65 Cr ₹41.14 Cr ₹37.18 Cr
Inventories ₹0 ₹0 ₹0
Trade Receivables ₹405.53 Cr ₹389.35 Cr ₹358.08 Cr
Cash & Equivalents ₹89.24 Cr ₹66.34 Cr ₹1.87 Cr
Equity (Net Worth) ₹905.98 Cr ₹853.35 Cr ₹755.66 Cr
Equity Share Capital ₹66.95 Cr ₹66.95 Cr ₹66.95 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0
Borrowings (Current) ₹0 ₹45.37 Cr ₹49.83 Cr
Total Debt (computed) ₹0 ₹45.37 Cr ₹49.83 Cr
Current Liabilities ₹269.06 Cr ₹310.31 Cr ₹396.86 Cr
Total Liabilities ₹355.49 Cr ₹392.7 Cr ₹467.83 Cr
Metrics FY 2026 FY 2025 FY 2024
Operating Cash Flow ₹60.87 Cr ₹11.12 Cr -₹233.23 Cr
Investing Cash Flow ₹13 Cr ₹66.6 Cr -₹33.52 Cr
Financing Cash Flow -₹50.97 Cr -₹13.98 Cr ₹244.56 Cr
Capital Expenditure ₹7.18 Cr ₹4.37 Cr ₹25.44 Cr
Free Cash Flow (computed) ₹53.69 Cr ₹6.75 Cr -₹258.67 Cr
Dividends Paid ₹0 ₹0 ₹0
Net Change in Cash ₹22.9 Cr ₹63.73 Cr -₹22.2 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹454.63 Cr ₹461.05 Cr ₹846.73 Cr ₹416.09 Cr ₹428.06 Cr ₹388.11 Cr ₹382.39 Cr ₹365.72 Cr ₹368.53 Cr ₹350.4 Cr ₹358.16 Cr ₹351.6 Cr
Other Income ₹3.16 Cr ₹2.46 Cr ₹11.3 Cr ₹3.1 Cr ₹8.6 Cr ₹4.88 Cr ₹6.02 Cr ₹5.51 Cr ₹5.5 Cr ₹9.79 Cr ₹2 Cr ₹19.1 Lakh
Total Income ₹457.8 Cr ₹463.5 Cr ₹858.03 Cr ₹419.18 Cr ₹436.65 Cr ₹392.99 Cr ₹388.4 Cr ₹371.22 Cr ₹374.03 Cr ₹360.19 Cr ₹360.15 Cr ₹351.79 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹397.4 Cr ₹401.27 Cr ₹741.06 Cr ₹361.36 Cr ₹357.48 Cr ₹330.03 Cr ₹323.96 Cr ₹312.67 Cr ₹309.76 Cr ₹306.89 Cr ₹296.93 Cr ₹300.66 Cr
Finance Costs ₹50.2 Lakh ₹46.6 Lakh ₹1.53 Cr ₹1.11 Cr ₹80.9 Lakh ₹77.5 Lakh ₹2.13 Cr ₹1.68 Cr ₹1.26 Cr ₹2.85 Cr ₹5.17 Cr ₹3.79 Cr
Depreciation & Amortisation ₹3.1 Cr ₹3.25 Cr ₹6.13 Cr ₹2.82 Cr ₹2.12 Cr ₹3.07 Cr ₹3.21 Cr ₹2.28 Cr ₹2.34 Cr ₹4.56 Cr ₹4.49 Cr ₹4.27 Cr
Other Expenses ₹39.68 Cr ₹43.4 Cr ₹76.24 Cr ₹37.39 Cr ₹55.87 Cr ₹38.93 Cr ₹39.34 Cr ₹39.34 Cr ₹45.01 Cr ₹37.19 Cr ₹43.61 Cr ₹37.45 Cr
Total Expenses ₹440.67 Cr ₹448.38 Cr ₹824.96 Cr ₹402.68 Cr ₹416.28 Cr ₹372.81 Cr ₹368.63 Cr ₹355.98 Cr ₹358.37 Cr ₹351.49 Cr ₹350.21 Cr ₹346.17 Cr
Profit Before Exceptional Items & Tax ₹17.13 Cr ₹15.12 Cr ₹33.07 Cr ₹16.5 Cr ₹20.37 Cr ₹20.18 Cr ₹19.77 Cr ₹15.25 Cr ₹15.65 Cr ₹8.71 Cr ₹9.94 Cr ₹5.62 Cr
Exceptional Items ₹0 -₹4.07 Cr ₹0 ₹0 ₹22.47 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹17.13 Cr ₹11.05 Cr ₹33.07 Cr ₹16.5 Cr ₹42.84 Cr ₹20.18 Cr ₹19.77 Cr ₹15.25 Cr ₹15.65 Cr ₹8.71 Cr ₹9.94 Cr ₹5.62 Cr
Total Tax Expense ₹5.02 Cr ₹1.23 Cr ₹2.14 Cr ₹87.9 Lakh ₹7.34 Cr ₹4 Cr ₹3.53 Cr ₹4.78 Cr ₹1.46 Cr ₹91.5 Lakh ₹1.99 Cr ₹25.3 Lakh
Net Profit ₹12.1 Cr ₹9.83 Cr ₹30.93 Cr ₹15.62 Cr ₹35.5 Cr ₹16.18 Cr ₹16.24 Cr ₹10.46 Cr ₹14.2 Cr ₹7.79 Cr ₹7.95 Cr ₹5.37 Cr
Other Comprehensive Income ₹5.9 Lakh -₹1.12 Cr ₹18.3 Lakh ₹11.5 Lakh ₹90.5 Lakh ₹18.71 Lakh ₹8.2 Lakh ₹10.48 Lakh ₹45.9 Lakh ₹9.4 Lakh ₹81.8 Lakh ₹52.3 Lakh
Total Comprehensive Income ₹12.16 Cr ₹8.71 Cr ₹31.11 Cr ₹15.74 Cr ₹36.4 Cr ₹16.37 Cr ₹16.32 Cr ₹10.57 Cr ₹14.66 Cr ₹7.88 Cr ₹8.77 Cr ₹5.89 Cr
EBITDA (computed) ₹20.72 Cr ₹18.83 Cr ₹40.72 Cr ₹20.44 Cr ₹23.3 Cr ₹24.03 Cr ₹25.11 Cr ₹19.2 Cr ₹19.25 Cr ₹16.12 Cr ₹19.61 Cr ₹13.68 Cr
Basic EPS ₹1.80 ₹1.47 ₹4.62 ₹11.85 ₹5.30 ₹2.42 ₹2.43 ₹1.56 ₹2.12 ₹1.17 ₹0.00 ₹1.02
Diluted EPS ₹1.80 ₹1.47 ₹4.62 ₹11.82 ₹5.29 ₹2.40 ₹2.42 ₹1.56 ₹2.11 ₹1.16 ₹0.00 ₹1.01
Latest 12 quarters shown.
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Shareholding Pattern of Updater Services Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 59.09%, foreign institutional investors hold 4.03%, domestic institutional investors hold 12.96%, retail and other public shareholders hold 23.92% of Updater Services Limited. The company had 49,007 shareholders on record.

Promoters: 59.09%DII (Domestic Institutional): 12.96%FII (Foreign Institutional): 4.03%Retail & Others: 23.92%
Mar 2026
QUARTER
59.09% Promoters
12.96% DII (Domestic Institutional)
4.03% FII (Foreign Institutional)
23.92% Retail & Others
Promoter holding - history
Now 59.09% · Mar 2026High 59.09% · Dec 2025Low 58.47% · Sep 2023
57%58%59%60%61%Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026Sep 2023: 58.47%Dec 2023: 58.74%Mar 2024: 58.64%Jun 2024: 58.89%Sep 2024: 58.89%Dec 2024: 58.89%Mar 2025: 58.88%Jun 2025: 58.88%Sep 2025: 58.91%Dec 2025: 59.09%Mar 2026: 59.09%59.09%58.47%59.09%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters59.09%59.09%58.91%58.88%58.88%58.89%
Public40.91%40.91%41.09%41.12%41.12%41.11%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters59.09%58.88%58.64%
Public40.91%41.12%41.36%
Promoter change (YoY, %pts)+0.21+0.24-

Board & Governance of Updater Services Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Updater Services Limited has 6 directors - 3 independent and 2 executive. The board is chaired by RAGHUNANDANA TANGIRALA.

DirectorPositionOn board sinceListed boards
RAGHUNANDANA TANGIRALA Executive Director · MD · Chairperson 2003-11-13 1
AMITABH JAIPURIA Non-Executive - Non Independent Director 2023-03-04 1
AMIT CHOUDHARY Non-Executive - Independent Director 2020-04-25 1
SUNIL REWACHAND CHANDIRAMANI Non-Executive - Independent Director 2017-06-20 4
SANGEETA SUMESH Non-Executive - Independent Director 2022-09-13 1
JIGYASA SHARMA Executive Director 2024-04-02 1
Board Committees
CommitteeMembers
Audit Committee SUNIL REWACHAND CHANDIRAMANI (Chairperson), AMIT CHOUDHARY, RAGHUNANDANA TANGIRALA, SANGEETA SUMESH
Nomination and remuneration committee AMIT CHOUDHARY (Chairperson), RAGHUNANDANA TANGIRALA, SUNIL REWACHAND CHANDIRAMANI, SANGEETA SUMESH
Stakeholders Relationship Committee SANGEETA SUMESH (Chairperson), RAGHUNANDANA TANGIRALA, JIGYASA SHARMA
Risk Management Committee SUNIL REWACHAND CHANDIRAMANI (Chairperson), AMITABH JAIPURIA, JIGYASA SHARMA, CR SARAVANAN, RAM PRAVEEN RADHAKRISHNAN
Corporate Social Responsibility Committee RAGHUNANDANA TANGIRALA (Chairperson), SANGEETA SUMESH, JIGYASA SHARMA
IPO Committee RAGHUNANDANA TANGIRALA (Chairperson), AMITABH JAIPURIA
ESG Committee RAGHUNANDANA TANGIRALA (Chairperson)

Group Structure of Updater Services Limited

Updater Services Limited has 12 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Updater Services Limited's business expansion strategy and organizational complexity.

12
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Athena Bpo Private Limited U51900MH1993PTC070252 -
Fusion Foods And Catering Private Limited U55100TN2008PTC068154 -
Avon Solutions & Logistics Private Limited U72200TN2002PTC049961 -
Matrix Business Services India Private Limited U74140TN2003PTC051482 -
Global Flight Handling Services Private Limited U74900TN2014PTC097283 -
Integrated Technical Staffing And Solutions Private Limited U74910TN2007PTC065730 -

Showing major subsidiaries. Total: 12.

Charges & Borrowings of Updater Services Limited

Open charges
₹286.75 Cr
Satisfied charges
₹197.4 Cr
Breakdown by lending institutions
Others₹120.00 Cr
Hdfc Bank Limited₹101.50 Cr
Yes Bank Limited₹35.00 Cr
Standard Chartered Bank₹30.00 Cr
State Bank of India₹0.25 Cr
Latest charge details
DateLenderAmountStatus
27 Jun 2025 Yes Bank Limited ₹35 Cr Open
01 Feb 2023 Hdfc Bank Limited ₹2.5 Cr Open
19 Jun 2019 Standard Chartered Bank ₹30 Cr Open
01 Feb 2018 Others ₹35 Cr Open
26 May 2017 State Bank of India ₹25 Lakh Open

Total charge records: 19 View all charges

Employees and EPFO Compliance at Updater Services Limited

Updater Services Limited has a workforce of 50,948 employees as of Apr 01, 2024.

Employee count
50,948
Active EPFO establishments
13
Employee growth
-4.68%
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Employee and EPFO history for Updater Services Limited

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GST Compliance of Updater Services Limited

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Credit Ratings, Litigation & Regulatory Alerts for Updater Services Limited

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MSME Payment Delays by Updater Services Limited

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MSME payment history for Updater Services Limited

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Subsidiaries & Group Companies of Updater Services Limited

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Corporate group structure for Updater Services Limited

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MCA Filings & Documents of Updater Services Limited

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MCA filings and documents for Updater Services Limited

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Recent Activity on Updater Services Limited

Directors
23 Mar 2026
Ram Praveen Radhakrishnan was appointed as a Cfo on 23 Mar 2026 & has been associated with this company since 4 months 23 days.
Charges
23 Feb 2026
A charge registered on 24 Aug 2023 via Charge ID 100779968 with Others was fully satisfied on 23 Feb 2026.
Charges
23 Feb 2026
A charge registered on 21 Jun 2022 via Charge ID 100596397 with Others was fully satisfied on 23 Feb 2026.
Activity
08 Aug 2025
Updater Services Limited last Annual general meeting of members was held on 08 Aug 2025 as per latest MCA records.
Charges
27 Jun 2025
A charge with Yes Bank Limited amounted to Rs. 35.00 Cr with Charge ID 101117805 was registered on 27 Jun 2025.
Charges
02 Jun 2025
A charge registered on 15 Apr 2016 via Charge ID 100028000 with Citi Bank N.A. was fully satisfied on 02 Jun 2025.

Frequently Asked Questions about Updater Services Limited

Updater Services Limited is an active public limited company in the business services sector based in Chennai City Corporation, Tamil Nadu, India. It was incorporated on 13 November 2003 (23+ years old) and is registered under CIN L74140TN2003PLC051955. The company has 50,948 employees.

Updater Services Limited reported revenue of ₹2,939.51 Cr for FY 2026 (up 7.44% YoY) based on consolidated NSE filings.

The current directors of Updater Services Limited are:

The primary industry of Updater Services Limited is business services. The company specifically operates in facility management. The company is currently active in this sector.

Yes, Updater Services Limited is a listed company.

Updater Services Limited can be reached at the registered office: 1St Floor No.42 Gandhi Mandapam Road, Kotturupuram Chennai, Chennai City Corporation, Tamil Nadu, India – 600085, or through the website uds.in.

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