---
title: "United White Metal Ltd (504980) — Share Price, Financials & Analysis"
symbol: "504980"
company: "United White Metal Ltd"
canonical: "https://tapetide.com/stocks/504980"
bse_code: "504980"
generated_at: "2026-10-13T11:01:35.017Z"
---

# United White Metal Ltd (504980)

Canonical page: https://tapetide.com/stocks/504980

## Company

- **BSE Code:** 504980
- **Stock Type:** EQUITY
- **Face Value:** ₹100
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.

### Weaknesses

- Company has a low return on equity of 1.41% over last 3 years.
- Debtor days have increased from 51.0 to 146 days.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -87% | 160% |
| revenue growth | -100% | -59% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2.76 | 5.3 | 3.45 | 3.68 | 4.4 | 7.04 | 4.4 | 7.6 | 4.07 |
| Expenses | 2.42 | 4.27 | 2.92 | 3.26 | 4.14 | 5.9 | 3.91 | 6.31 | 3.82 |
| Operating Profit | 0.34 | 1.03 | 0.53 | 0.42 | 0.26 | 1.14 | 0.49 | 1.29 | 0.25 |
| OPM % | 12.32 | 19.43 | 15.36 | 11.41 | 5.91 | 16.19 | 11.14 | 16.97 | 6.14 |
| Other Income | 0 | 0.01 | 0.03 | 0.13 | 0.09 | 0.21 | 0.05 | 0.06 | 0.07 |
| Interest | 0.02 | 0.13 | 0.15 | 0.05 | 0.01 | 0.02 | 0.17 | 0.19 | 0.15 |
| Depreciation | 0.01 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.05 |
| Profit before tax | 0.31 | 0.85 | 0.36 | 0.45 | 0.29 | 1.28 | 0.32 | 1.1 | 0.12 |
| Tax % | 25.81 | 32.94 | 25 | 33.33 | 27.59 | 27.34 | 34.38 | 25.45 | 33.33 |
| Net Profit | 0.24 | 0.57 | 0.27 | 0.3 | 0.22 | 0.93 | 0.21 | 0.83 | 0.09 |
| EPS in Rs | 2.04 | 4.84 | 1.61 | 1.78 | 1.31 | 5.53 | 1.25 | 4.94 | 0.54 |

### Profit & Loss

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

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- |
| Sales | 2.16 | 1.08 | 35 | 0.15 |
| Expenses | 2.03 | 1.62 | 30.5 | 0.96 |
| Operating Profit | 0.13 | -0.54 | 4.5 | -0.81 |
| OPM % | 6.02 | -50 | 12.86 | -540 |
| Other Income | 0.05 | 0.08 | 1.14 | 1.55 |
| Interest | 0.04 | 0.01 | 0.02 | 0.01 |
| Depreciation | 0.11 | 0.16 | 0.16 | 0.55 |
| Profit before tax | 0.03 | -0.63 | 5.46 | 0.18 |
| Tax % | 0 | 0 | 51.83 | -94.44 |
| Net Profit | 0.02 | -0.64 | 2.63 | 0.35 |
| Dividend Payout % | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- |
| Equity Capital | 7.03 | 7.03 | 7.03 | 7.03 |
| Reserves | 101.09 | 100.45 | -4.01 | -3.71 |
| Borrowings | 0.1 | 0.1 | 0.2 | 0.1 |
| Other Liabilities | 44.18 | 43.94 | 46.75 | 46.88 |
| Total Liabilities | 152.4 | 151.52 | 49.97 | 50.3 |
| Fixed Assets | 0.55 | 0.7 | 3.39 | 15.59 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 8.27 | 8.27 | 2.37 | 2.37 |
| Other Assets | 143.58 | 142.55 | 44.21 | 32.34 |
| Total Assets | 152.4 | 151.52 | 49.97 | 50.3 |

### Cash Flow

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

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.02 | 2.3 | 130.98 | 0.67 |
| Cash from Investing Activity | 0 | -0.31 | -6 | -12.8 |
| Cash from Financing Activity | 0 | 0.14 | -107.1 | 1.45 |
| Net Cash Flow | 0.02 | 2.13 | 17.88 | -10.68 |
| Free Cash Flow | 0.02 | 1.99 | 128.27 | -12.12 |
| CFO/OP | 15 | -426 | 2911 | -83 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- |
| Debtor Days | 3.38 | 6.76 | 0.21 | 146 |
| Inventory Days | — | — | 48.35 | 365 |
| Days Payable | — | — | 344.14 | 1049.04 |
| Cash Conversion Cycle | 3.38 | 6.76 | -295.58 | -538.04 |
| Working Capital Days | 16757.89 | 32576.25 | -237.56 | -59154.33 |
| ROCE % | — | -0.57 | 9.89 | 5.72 |

## Shareholding Pattern

### annual

| Category | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- |
| Promoters | 70.08% | 70.08% | 70.08% | 70.08% |
| FIIs | 2.2% | 2.2% | 0% | 0% |
| Public | 27.72% | 27.72% | 29.92% | 29.92% |
| No. of Shareholders | 252 | 339 | 382 | 356 |

### Quarterly

| Category | Sep 2022 | Mar 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 69.31% | 70.08% | 70.08% | 70.08% | 70.08% | 70.08% | 70.08% | 70.08% | 70.08% | 70.08% | 70.05% | 70.08% |
| FIIs | 1.19% | 2.2% | 2.2% | 2.2% | 2.2% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 29.49% | 27.72% | 27.71% | 27.71% | 27.72% | 29.92% | 29.92% | 29.92% | 29.92% | 29.92% | 29.95% | 29.92% |
| No. of Shareholders | 249 | 252 | 315 | 329 | 339 | 374 | 365 | 365 | 382 | 374 | 361 | 356 |

## 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 / 3 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 414.31 | Sell |
| EMA (10) | 413.65 | Sell |
| SMA (20) | 428.03 | Sell |
| EMA (20) | 433.26 | Sell |
| SMA (50) | 517.76 | Sell |
| EMA (50) | 494.33 | Sell |
| SMA (100) | 581.26 | Sell |
| EMA (100) | 550.64 | Sell |
| SMA (200) | 617 | Sell |
| EMA (200) | 612.64 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 27.39 | Buy |
| MACD (12,26,9) | -29.75 | Buy |
| Stochastic (14,3,3) | 19.75 | Buy |
| ADX (14) | 48.36 | Buy |
| Williams %R (14) | -63.88 | Neutral |
| ATR (14) | 13.65 | High Volatility |
| ROC (12) | -6.6 | Sell |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 49.4 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-18 | [Intimation Of Press Release - EP Biocomposites Strengthens Technology Capabilities Through Strategic Collaboration With Iisc Bengaluru](https://www.bseindia.com/xml-data/corpfiling/AttachHis/65874a28-bd01-4103-bc45-e8152a69046b.pdf) |
| 2026-02-17 | [Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ce16f57c-a116-4285-b46d-fa1c097e5d1a.pdf) |
| 2026-01-22 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e30788c8-d2d6-4e3c-a2f5-9d5ba2a0d0c5.pdf) |
| 2025-11-03 | [Board Meeting Outcome for Outcome Of The Board Meeting- Financial Results For The Half Year Ended September 30, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5c06a28e-a90a-4030-bf4b-f99a53a17eeb.pdf) |
| 2025-11-03 | [Financial Results For The Half Year Ended September 30, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2f2aa925-5bc0-467d-9f0e-68c4124e5a27.pdf) |
| 2025-10-30 | [Board Meeting Intimation for Consideration Of The Financial Results For The Half Year Ended September 30, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2c7c3c03-2502-409a-8e87-a41b299e2e2a.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06804375-c2f2-48a6-acbb-3b8ffcfdd6e1.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec655021-f067-4cf5-99a1-af5a457b6b0e.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1acd4552-a38b-4925-b237-e4cab700f1b1.pdf) |

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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 2026-10-13T11:01:35.017Z.