About Updater Services Limited
Data last updated: 27 September 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 Sunil Rewachand Chandiramani 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 the latest consolidated financials for FY 2025-26, 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 ₹1,052.33 Cr (up 9.82% YoY). Total assets are valued at ₹1,197.66 Cr (up 3.85% 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.
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EmailLocked
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Website
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Registered Address1St Floor No.42 Gandhi Mandapam Road, Kotturupuram Chennai, Chennai City Corporation, Tamil Nadu, India – 600085
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IndustryBusiness Services, Facility Management
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
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 |
|---|---|---|---|
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Provider of facility & project management, advisory, general contracting, and real estate development services | Mumbai, India, India | 2010 |
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Ayurvedic medicines and nutraceuticals are offered via an online platform. | Haridwar, India, India | 2006 |
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Eco-friendly home, kitchen, and personal care products are provided online. | Mumbai, India, India | 2018 |
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Wipro is recognized as a consulting-led, AI-powered technology services company. | Bengaluru, India, India | 1945 |
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Provider of diversified professional and investment management services | Toronto, Canada, Canada | 1976 |
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Fabric care products are offered by an internet-first brand. | Mumbai, India, India | 1983 |
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Fast-moving consumer goods, packaged foods, and consumer products are produced. | Mumbai, India, India | 1933 |
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Facility management services are provided for various operational needs. | Pune, India, India | 1983 |
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Household and personal care products are manufactured and distributed. | Mumbai, India, India | 2001 |
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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 |
Business activity turnover details for Updater Services Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Updater Services Limited
Updater Services Limited is audited by S R Batliboi & Associates Llp for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R Batliboi & Associates Llp | Locked | Locked | Locked |
Complete auditor history for Updater Services Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Updater Services Limited
Updater Services Limited currently reports 6 directors and 1 key managerial person. 18 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Rewachand Chandiramani | Director | 20 Jun 2017 | 9 Years 3 Months | Current |
| Sandhya | Company Secretary | 10 Feb 2024 | 2 Years 7 Months | Current |
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Amitabh Jaipuria
Also directs:
Updater Services Limited
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Whole-Time Director | 04 Mar 2023 | 3 Years 6 Months | Current |
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Amit Choudhary
Also directs:
Updater Services Limited, Davadost Pharma Private Limited, Aishani Realinvest Llp and 5 more
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Director | 25 Apr 2020 | 6 Years 5 Months | Current |
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Raghunandana Tangirala
Also directs:
Updater Services Limited, Denave India Private Limited, Tangirala Infrastructure Development Private Limited and 5 more
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Managing Director | 13 Nov 2003 | 22 Years 10 Months | Current |
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Jigyasa Sharma
Also directs:
Updater Services Limited, Denave India Private Limited, Athena Bpo Private Limited and 3 more
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Whole-Time Director | 02 Apr 2024 | 2 Years 5 Months | Current |
Financials of Updater Services Limited FY 2025-26 filings available
Updater Services Limited reported revenue of ₹2,939.51 Cr (up 7.44% 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 | 2,940 | 2,736 | 2,444 | 2,099 | 1,484 | 1,210 | 1,324 |
| Revenue growth | +9.4% | +11.2% | +15.1% | +42.8% | +22.9% | -8.6% | +9997.0% |
| 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 (₹) | 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% | +12.2% | +9.3% | +13.3% |
| 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 (₹) | 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 | +11.8% | +8.1% | +10.8% | +22.6% | +7.4% | -7.3% | +15.1% |
| 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 (₹) | 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% | +13.3% | +13.2% | +13.0% |
| 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% | +12.2% | +9.3% | +13.3% |
| 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 (₹) | 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 | +9.4% | +11.2% | +15.1% | +42.8% | +22.9% | -8.6% | +9997.0% |
| 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 (₹) | 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% | +9997.0% |
| EBITDA growth | -22.7% | +24.1% | +45.0% | +18.4% | +18.4% | -8.5% | +9997.0% |
| 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% | +9997.0% |
| 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 (₹) | 12.80 | 17.74 | 10.15 | 6.76 | 10.47 | 8.53 | 7.81 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 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% | +13.3% | +13.2% | +13.0% |
| 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 | +11.8% | +8.1% | +10.8% | +22.6% | +7.4% | -7.3% | +15.1% |
| 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 (₹) | 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% | +15.8% |
| EBITDA growth | -13.6% | +55.4% | +19.7% | +11.7% | -15.1% | -24.4% | +31.7% |
| 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% | +8.7% |
| 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 (₹) | 7.89 | 11.85 | 5.58 | 6.12 | 6.99 | 5.84 | 6.16 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 135.32 | 127.45 | 115.13 | 61.86 | 54.60 | 47.89 | 43.61 |
Shareholding Pattern of Updater Services Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 59.10%, foreign institutional investors hold 3.50%, domestic institutional investors hold 9.40%, retail and other public shareholders hold 28.00% of Updater Services Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 59.10% | 59.10% | 59.10% | 58.90% |
| Public | 40.90% | 40.90% | 40.90% | 41.10% |
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.
| 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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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 and EPFO history for Updater Services Limited
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GST Compliance of Updater Services Limited
GST registrations and filing compliance for Updater Services Limited
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Credit Ratings, Litigation & Regulatory Alerts for Updater Services Limited
Credit ratings, litigation, and regulatory alerts for Updater Services Limited
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MSME Payment Delays by Updater Services Limited
MSME payment history for Updater Services Limited
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Subsidiaries & Group Companies of Updater Services Limited
Corporate group structure for Updater Services Limited
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MCA Filings & Documents of Updater Services Limited
MCA filings and documents for Updater Services Limited
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Recent Activity on Updater Services Limited
Recent News on Updater Services Limited
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 2025-26 (up 7.44% YoY) based on consolidated financials.
The current directors and KMP of Updater Services Limited are:
- Sunil Rewachand Chandiramani - Director
- Sandhya - Company Secretary
- Amitabh Jaipuria - Whole-Time Director
- Amit Choudhary - Director
- Raghunandana Tangirala - Managing Director
- Jigyasa Sharma - Whole-Time Director
- Sangeeta Sumesh - Director
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.