---
title: "United Motors (India) Ltd (501500) — Share Price, Financials & Analysis"
symbol: "501500"
company: "United Motors (India) Ltd"
canonical: "https://tapetide.com/stocks/501500"
bse_code: "501500"
generated_at: "2026-10-13T10:59:34.121Z"
---

# United Motors (India) Ltd (501500)

Canonical page: https://tapetide.com/stocks/501500

## Company

- **BSE Code:** 501500
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- The company has delivered a poor sales growth of 3.90% over past five years.
- Company has a low return on equity of 12.9% over last 3 years.
- Working capital days have increased from 56.7 days to 194 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 0% | 0% | 2% |
| revenue growth | 6% | 8% | 4% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 14.8 | 14.06 | 10.11 | 11.19 | 11.73 | 9.76 | 10.27 | 11.93 | 9.62 | 10.89 | 10.43 | 7.35 |
| Expenses | 13.89 | 13.21 | 9.38 | 10.44 | 11.11 | 9.18 | 9.56 | 11.34 | 8.87 | 10.03 | 9.7 | 6.64 |
| Operating Profit | 0.91 | 0.85 | 0.73 | 0.75 | 0.62 | 0.58 | 0.71 | 0.59 | 0.75 | 0.86 | 0.73 | 0.71 |
| OPM % | 6.15 | 6.05 | 7.22 | 6.7 | 5.29 | 5.94 | 6.91 | 4.95 | 7.8 | 7.9 | 7 | 9.66 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.01 | 0.04 | 0.01 |
| Interest | 0.49 | 0.45 | 0.37 | 0.44 | 0.33 | 0.32 | 0.35 | 0.29 | 0.41 | 0.55 | 0.43 | 0.44 |
| Depreciation | 0.21 | 0.26 | 0.26 | 0.24 | 0.13 | 0.18 | 0.27 | 0.22 | 0.24 | 0.23 | 0.24 | 0.22 |
| Profit before tax | 0.21 | 0.14 | 0.1 | 0.07 | 0.16 | 0.08 | 0.09 | 0.08 | 0.14 | 0.09 | 0.1 | 0.06 |
| Tax % | 33.33 | 21.43 | 20 | 28.57 | 18.75 | 25 | 33.33 | 12.5 | 21.43 | 22.22 | 30 | 16.67 |
| Net Profit | 0.14 | 0.11 | 0.08 | 0.05 | 0.12 | 0.07 | 0.06 | 0.06 | 0.11 | 0.07 | 0.07 | 0.04 |
| EPS in Rs | 0.01 | 0.01 | 0.01 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 13.86 | 14.58 | 17.3 | 19.85 | 19.85 | 18.73 | 19.11 | 20.42 | 22.72 | 24.03 |
| Expenses | 10.96 | 14.39 | 13.04 | 15.63 | 14.72 | 14.57 | 16.49 | 14.79 | 15.18 | 16.33 |
| Operating Profit | 2.9 | 0.19 | 4.26 | 4.22 | 5.13 | 4.16 | 2.62 | 5.63 | 7.54 | 7.7 |
| OPM % | 20.92 | 1.3 | 24.62 | 21.26 | 25.84 | 22.21 | 13.71 | 27.57 | 33.19 | 32.04 |
| Other Income | 0.38 | 0.61 | 0.8 | 1.89 | 2.47 | 3.74 | 8.72 | 3.26 | 2.44 | 2.4 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.87 | 0.96 |
| Depreciation | 0.24 | 0.23 | 0.22 | 0.21 | 0.2 | 0.19 | 0.14 | 0.13 | 0.13 | 0.13 |
| Profit before tax | 3.04 | 0.57 | 4.84 | 5.9 | 7.4 | 7.71 | 11.2 | 8.76 | 8.98 | 9.01 |
| Tax % | 8.22 | -5.26 | 14.88 | 12.88 | 13.11 | 12.58 | 22.23 | 16.44 | 22.94 | 22.86 |
| Net Profit | 2.79 | 0.6 | 4.12 | 5.14 | 6.43 | 6.74 | 8.71 | 7.33 | 6.92 | 6.95 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.8 | 0.8 | 0.8 | 15.8 | 15.8 | 15.8 | 15.8 | 15.8 | 15.8 | 15.8 |
| Reserves | -3.19 | -2.59 | 1.53 | 6.66 | 13.1 | 19.84 | 28.55 | 35.52 | 42.1 | 49.05 |
| Borrowings | 15 | 15 | 15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 3.71 | 4.2 | 12.61 | 12.72 | 14.37 | 14.2 | 15.19 | 16.52 | 17.95 | 17.65 |
| Total Liabilities | 16.32 | 17.41 | 29.94 | 35.18 | 43.27 | 49.84 | 59.54 | 67.84 | 75.85 | 82.5 |
| Fixed Assets | 4.43 | 4.21 | 4 | 3.81 | 3.62 | 3.44 | 5.61 | 5.47 | 5.35 | 5.22 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3.1 | 9.96 | 23.85 | 29.58 | 38.26 | 45.21 | 52.52 | 30.12 | 30.81 | 11.42 |
| Other Assets | 8.79 | 3.24 | 2.09 | 1.79 | 1.39 | 1.19 | 1.41 | 32.25 | 39.69 | 65.86 |
| Total Assets | 16.32 | 17.41 | 29.94 | 35.18 | 43.27 | 49.84 | 59.54 | 67.84 | 75.85 | 82.5 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 5.43 | 4.66 | 13.1 | 3.96 | 6.16 | 4.16 | 3.25 | -24.69 | 0.42 | — |
| Cash from Investing Activity | -0.69 | -9.38 | -13.12 | -3.88 | -6.25 | -4.14 | -3.27 | 1.22 | 1.67 | — |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Cash Flow | 4.74 | -4.72 | -0.02 | 0.08 | -0.09 | 0.02 | -0.02 | -23.47 | 2.09 | — |
| Free Cash Flow | 5.43 | 4.65 | 13.09 | 3.93 | 6.16 | 4.15 | 3.25 | -24.69 | 0.42 | — |
| CFO/OP | 196 | 2584 | 317 | 103 | 122 | 129 | 180 | -407 | 32 | — |

### Ratios

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 35.82 | 10.26 | 7.81 | 7.17 | 6.62 | 6.24 | 5.92 | 6.08 | 4.02 | 4.71 |
| Inventory Days | 3.44 | 4.87 | 5.38 | 5.22 | 7.46 | 6.78 | 5.49 | 6.85 | 10.3 | 6.92 |
| Days Payable | 30.93 | 59.52 | 17.62 | 18.64 | 20.59 | 23.73 | 23.05 | 22.38 | 24.97 | 20.75 |
| Cash Conversion Cycle | 8.32 | -44.39 | -4.44 | -6.25 | -6.51 | -10.71 | -11.64 | -9.46 | -10.66 | -9.13 |
| Working Capital Days | 41.35 | 3.76 | -3.8 | -5.7 | 2.39 | -4.09 | -3.63 | -2.14 | -21.21 | 193.51 |
| ROCE % | 27.2 | 4.49 | 31.7 | 29.66 | 28.82 | 23.4 | 22.18 | 18.31 | 18.04 | 16.24 |

## Shareholding Pattern

### annual

| Category | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 58.77% | 58.78% | 58.78% | 58.78% | 58.78% | 58.78% | 58.78% | 58.78% |
| Public | 41.22% | 41.22% | 41.22% | 41.22% | 41.22% | 41.22% | 41.23% | 41.22% |
| No. of Shareholders | 6771 | 6653 | 6746 | 15859 | 15014 | 15160 | 17134 | 17102 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 58.78% | 58.78% | 58.78% | 58.78% | 58.78% | 58.78% | 58.78% | 58.78% | 58.78% | 58.78% | 58.78% | 58.78% |
| Public | 41.22% | 41.22% | 41.22% | 41.22% | 41.22% | 41.22% | 41.23% | 41.22% | 41.23% | 41.21% | 41.22% | 41.22% |
| No. of Shareholders | 15014 | 15020 | 14867 | 14877 | 15160 | 15325 | 15981 | 16808 | 17134 | 16911 | 17013 | 17102 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 5 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 10.36 | Sell |
| EMA (10) | 10.33 | Sell |
| SMA (20) | 10.88 | Sell |
| EMA (20) | 10.61 | Sell |
| SMA (50) | 10.97 | Sell |
| EMA (50) | 10.74 | Sell |
| SMA (100) | 10.58 | Sell |
| EMA (100) | 10.34 | Sell |
| SMA (200) | 8.93 | Buy |
| EMA (200) | 9.76 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 37.33 | Neutral |
| MACD (12,26,9) | -0.28 | Sell |
| Stochastic (14,3,3) | 16.31 | Buy |
| ADX (14) | 20.09 | Neutral |
| Williams %R (14) | -78.95 | Neutral |
| ATR (14) | 0.42 | High Volatility |
| ROC (12) | -11.1 | Sell |
| Stoch RSI (14) | 14.22 | Buy |
| UO (7,14,28) | 42.97 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-16 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ae46b276-7045-42d5-8d4d-4e92d0d0d3fe.pdf) |
| 2026-02-16 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd955716-e77b-4075-a221-f4485ec1f8c8.pdf) |
| 2026-02-13 | [Board Meeting Outcome for Standalone Quarterly Financial Result For The Period Ended 31-12-2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3296d35d-2e01-4813-9a81-853b686f23f0.pdf) |
| 2026-02-13 | [Standalone Quarterly Financial Result For The Period Ended 31-12-2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8c6bb06d-dbf2-450d-9553-f8618e0ba2b3.pdf) |
| 2026-02-09 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5E1BCC48_B3CD_478A_86CD_6B3CD334BF15_174902.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf8fe2ed-7492-4e3d-bebf-8646661215f3.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e5823cc0-45ea-42ce-8034-4158fec97887.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/03176f4d-22b9-4a7f-af45-e517e15732c5.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/541771/75583541771.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/541771/70540541771.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/541771/65834541771.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/541771/5417710319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/541771/5417710318.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:59:34.121Z.
