Ultra Wiring (UWCSL)

Score breakdown: P/E: 2/3 · ROCE: 1/2 · Growth: 1/2 · Dividend: 0/1

Key Financials

Strengths

• Reasonable valuation: P/E of 15.38 and PEG of 0.99 suggest growth is not overpaid
• Good capital efficiency: ROCE of 16.87% indicates solid returns on capital employed
• Healthy fundamentals: Piotroski F-Score of 7/9 points to improving financial health
• Strong promoter holding of 74.13% aligns owner interests with minority shareholders
• Solid growth trajectory: sales up 17% and profit up 14.17%

Concerns

• Lack of book value, ROE, and debt/equity data prevents full balance-sheet risk assessment
• Very small market cap of ₹51 Cr can mean low liquidity and high volatility
• Auto components business is cyclical and sensitive to auto demand and input costs
• Stock is well below its 52-week high, indicating recent market disappointment or sector weakness

AI Analysis

When I look at Ultra Wiring, I start with survivability. A ₹51 crore market cap is tiny; in Graham's language, that is a small enterprise, and I must be sure it can earn its keep. The P/E of 15.38 is not demanding, and a PEG of 0.99 suggests the 17% sales growth and 14.17% profit growth are being bought at a fair, not fancy, price. I like that. ROCE of 16.87% is respectable — it tells me the business generates reasonable returns on capital employed, though without ROE or book value I cannot judge how much of that flows to shareholders or how much leverage is behind it. The Piotroski F-Score of 7 out of 9 is encouraging: it points to improving fundamentals without obvious stress. High promoter holding of 74.13% is a plus; owners' money is in the game. The latest quarter shows ₹4 crore net profit on ₹39 crore sales, a roughly 10% net margin, which is decent for an auto-component maker. But I am cautious. The stock has fallen from ₹128.95 and trades near ₹97, and small caps can stay mispriced for long periods. Auto components are inherently cyclical and tied to vehicle production and broader economic swings. And I cannot compute my usual measure of safety because book value, debt-to-equity and ROE are missing. That bothers me. I am not going to pay for a story; I pay for demonstrated financial strength. With a 0.51% dividend yield, I receive little while waiting. So this is a small, promising grower, not a castle with a moat. At the right price it could be interesting, but I need more data and a wider margin of safety.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer