Updater Services Limited
UDS.BO
Bombay Stock Exchange190.65
INR
-3.65
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Updater Services Limited
UDS.BO
(Bombay Stock Exchange)
Recent
price
190.65
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Updater Services Limited (UDS.BO), headquartered in Chennai, India, and founded in 2003, operates as a leading integrated business services platform offering facilities management and business support services across India with a pan-India presence. The company provides integrated facilities management (IFM) services including housekeeping and janitorial services, security and surveillance, pest control, mechanical and electrical maintenance, HVAC operations and maintenance, plumbing and water management, gardening and landscaping, and waste management; production support services such as general staffing and institutional catering; engineering services encompassing preventive and corrective maintenance for elevators, fire safety systems, and plant maintenance; business support services including payroll management, warehouse and logistics support, mailroom operations, asset logistics, procurement services, technology services, employee background checks, audit and assurance, demand generation, and end-to-end digital sales enablement. Updater Services caters to diverse sectors such as FMCG, manufacturing and engineering, banking, financial services and insurance (BFSI), healthcare, information technology and IT-enabled services (IT/ITeS), automobiles, logistics and warehousing, airports, ports, infrastructure, and retail. In August 2024, the company acquired additional equity shares in its material subsidiary Denave India Private Limited, increasing its ownership from 67.27% to 89.57% for ₹525.70 million to consolidate control under a shareholders' agreement; it also entered agreements for operation and maintenance of a liquid terminal at Kattupalli Port and with a leading medical education institute in Pondicherry, while reporting revenue exceeding ₹27 billion and a workforce over 70,000 in FY25.