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    Consumer non-durables

  3. •

    Food: specialty/candy
Universal Starch-Chem Allied Limited

Universal Starch-Chem Allied Limited

BBSE:UNIVSTAR
201.00
INR
+4.25
(+2.16%)
44.97EPS
4.58P/E
865.20MMarket Cap
Universal Starch-Chem Allied Limited
BSE:UNIVSTAR
(Bombay Stock Exchange)

Recent

price

201.00

P/E

ratio

4.58

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
291.95
388.86
404.41
439.09
466.14
393.68
510.05
471.06
664.16
628.1
705.63
1,086.8
1,227.99
1,255.08
1,168.79
1,163.34
1,225.53
Revenue per Share
4.79
-6.72
-5.62
8.97
-2.6
-4.04
-10.04
0.59
3.37
1.57
15.14
27.23
14.05
16.63
7.65
31.25
44.97
Basic EPS, GAAP
-6.89
-7.31
-24.27
26.78
27.96
-13.88
26.41
-20.46
-20.04
22.83
5.72
37.68
-22.5
24.23
9.59
34.75
- -
Free Cash Flow per Basic Share
0.5
1.16
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
32.91
26.2
20.27
29.15
24.21
40.15
31.12
32.14
86.8
90.47
97.46
124.49
138.68
158.5
166.19
196.76
- -
Book Value per Share
32.91
25.69
19.87
28.87
24.04
39.9
30.99
32.1
86.76
90.44
97.43
124.46
138.65
158.46
166.15
196.73
- -
Tangible Book Value per Share
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
Basic Weighted Avg Shares
1,226
1,633
1,699
1,844
1,958
1,653
2,142
1,978
2,789
2,638
2,964
4,565
5,158
5,271
4,909
4,886
5,146
Sales/Revenue/Turnover
4.93
0.37
0.64
5.9
1.69
- -
-2.02
1.93
2.65
2.32
5.58
4.95
2.38
2.72
2.46
5.46
5.95
Operating Margin (%)
33
41
47
47
47
44
42
40
44
49
40
43
51
58
63
74
74
Depreciation Expense
20
-28
-24
38
-11
-17
-42
2
14
7
64
114
59
70
32
131
189
Net Income, GAAP
51.08
- -
- -
46.87
- -
- -
- -
72.53
54
- -
12.05
27.58
27.12
24.27
24.83
27.93
25.38
Effective Tax Rate (%)
1.64
-1.73
-1.39
2.04
-0.56
-1.03
-1.97
0.13
0.51
0.25
2.15
2.51
1.14
1.33
0.65
2.69
3.67
Profit Margin (%)
18
-84
-43
2
-88
-126
-228
-63
-144
-119
37
-21
-71
-62
-164
23
- -
Working Capital
266
285
345
297
228
207
148
278
289
263
445
411
340
298
287
289
- -
LT Debt
138
110
85
122
102
169
131
135
365
380
409
523
582
666
698
826
- -
Total Equity
4.02
- -
- -
7.08
- -
- -
- -
2.09
4.45
- -
12.43
14.67
7.43
7.91
6.22
11.75
- -
Return on Invested Capital (%)
5.84
- -
- -
11.42
- -
- -
- -
2.3
5.49
- -
13.05
16.08
9.05
9.48
6.62
12.39
- -
Return on Capital (%)
15.4
-22.72
-24.19
36.32
-9.75
-12.54
-28.18
1.87
5.67
1.78
16.12
24.54
10.68
11.19
4.71
17.22
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
378
- -
LT Borrowings
- -
289
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
582
475
865

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
931
- -
Cash, Cash Equivalents & STI
- -
121
- -
Accounts Receivable, Net
- -
572
- -
Inventories
- -
263
- -
Total Current Liabilities
- -
908
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
378
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.95%
15.33%
18.4%
Free Cash Flow
-36.56%
78.6%
262.23%
Net Income, GAAP
162.51%
60.88%
308.62%
Sales/Revenue/Turnover
13.17%
12.37%
-0.47%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,333
909
1,286
1,381
4,909
2026
1,214
971
1,177
1,524
4,886
2027
1,475
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.49
-19.57
16.72
7.01
7.65
2026
-5.97
1.82
12.47
22.93
31.25
2027
7.75
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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Business
Universal Starch-Chem Allied Limited manufactures and supplies a wide range of maize-based starch and allied products including native starches, pregelatinized starch, paper-grade starch, textile-grade starch, sweeteners, modified starches, dextrose monohydrate, dextrose anhydrous, liquid glucose, corn oil, and caramel. The company operates a wet milling plant with a capacity of 750 metric tons per day located in Dondaicha, Maharashtra, India. It caters primarily to industries such as food, pharmaceuticals, textiles, paper, adhesives, and animal feed, with products meeting international quality standards and pharmacopoeia specifications. The company also generates captive power through wind mills and a co-generation power plant. Founded in 1973 and headquartered in Maharashtra, Universal Starch-Chem Allied exports to markets in Africa, Asia, Australia, and the Middle East. Recent major changes include a significant expansion in 2023 through the acquisition of plant & machinery and land & building valued at approximately Rs. 17.18 Crores via auction, enabling the company to diversify its product line by introducing new products such as dextrose monohydrate, dextrose anhydrous, and liquid glucose. The company continues to invest in modernization and capacity expansion, focusing on innovation to enhance efficiency. Management changes occurred recently with resignations and director appointments in 2024 and 2025, reflecting ongoing corporate governance adjustments. The company remains focused on organic growth driven by marketing, product development, and capital expenditure to maintain its leadership position in maize starch refining and allied products.