---
title: "Urban Enviro Waste Management Ltd (URBAN) — Share Price, Financials & Analysis"
symbol: "URBAN"
company: "Urban Enviro Waste Management Ltd"
canonical: "https://tapetide.com/stocks/URBAN"
isin: "INE0O0201019"
nse_symbol: "URBAN"
sector: "Utilities"
industry: "Other Utilities"
market_cap_cr: 106.52
generated_at: "2026-09-13T20:16:43.607Z"
---

# Urban Enviro Waste Management Ltd (URBAN)

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

## Company

- **NSE Symbol:** URBAN
- **ISIN:** INE0O0201019
- **Sector:** Utilities
- **Industry:** Other Utilities
- **Macro Sector:** Utilities
- **Stock Type:** EQUITY
- **Listed Since:** 2023-06-22
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** urbanenviroltd.com

## About

Incorporated in 2011, Urban Enviro Waste Management Limited provides Waste Management Solutions & Municipal Solid Waste (MSW) Management services.[1]

## Latest Price

- **Price:** ₹123
- **Change:** 0 (0%)
- **Open:** ₹123.1
- **Day High:** ₹124.7
- **Day Low:** ₹122.65
- **Previous Close:** ₹123
- **Volume:** 9600
- **As Of:** 2026-09-11T09:59:57+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:52.719798Z.

- **Market Cap:** ₹106.52 Cr
- **Classification:** SME
- **P/E (reported):** 7.2
- **Book Value:** ₹54
- **Price to Book:** 2.28
- **Dividend Yield:** 0.41%
- **ROE:** 31.82%
- **ROCE:** 32.86%
- **Debt to Equity:** 1.17
- **Revenue (yearly):** ₹183.2 Cr
- **Net Income:** ₹14.9 Cr
- **EBITDA:** ₹32.7 Cr
- **52-Week High:** ₹193.2
- **52-Week Low:** ₹114
- **RSI (14):** 37.74

## Tapetide Score

- **Score:** 54 / 100
- **Score date:** 2026-09-04
- **Archetype:** Losing Momentum
- **What it means:** A capable business whose price trend has turned while the multiple is still demanding. Often a re-rating in progress rather than a broken company — watch whether earnings stay resilient.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Falling
- **Percentile:** 65.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 48.51 | 9% |
| growth | 67.66 | 9% |
| momentum | 26.04 | 12% |
| ownership | 56.24 | 24% |
| quality | 68.33 | 22% |
| valuation | 42.79 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 78.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 40.3%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 105 to 130 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -21.07% | 85.23% | — |
| ebitda margin growth | 31.82% | -0.94% | -1.22% | -3.25% |
| net income growth | 37.5% | 44.66% | 92% | 79% |
| revenue growth | 16.22% | 29.47% | 67% | 63% |
| roce | — | 7.56% | 15.62% | 25.35% |
| roe | — | -1.09% | 32.2% | -32.05% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 15 | 24 | 46 | 56 | 72 | 69 | 87 | 95 |
| Expenses | 12 | 19 | 37 | 47 | 57 | 59 | 71 | 80 |
| Operating Profit | 3 | 5 | 9 | 9 | 15 | 10 | 16 | 16 |
| OPM % | 18 | 21 | 20 | 16 | 21 | 14 | 18 | 17 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 5 | 3 | 5 |
| Profit before tax | 1 | 2 | 5 | 5 | 11 | 3 | 12 | 9 |
| Tax % | 51 | 22 | 25 | 36 | 29 | 23 | 21 | 38 |
| Net Profit | 0 | 2 | 4 | 3 | 8 | 3 | 9 | 6 |
| EPS in Rs | — | 2.72 | 4.6 | 3.51 | 8.77 | 3.04 | 10.5 | 6.69 |

### Profit & Loss

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 13 | 16 | 20 | 39 | 102 | 141 | 182 |
| Expenses | 11 | 14 | 16 | 31 | 84 | 116 | 150 |
| Operating Profit | 2 | 2 | 4 | 8 | 18 | 25 | 32 |
| OPM % | 13 | 12 | 18 | 20 | 18 | 18 | 17 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 0 | 0 | 0 | 2 | 2 | 3 | 5 |
| Depreciation | 1 | 1 | 1 | 4 | 6 | 8 | 7 |
| Profit before tax | 1 | 1 | 2 | 3 | 10 | 14 | 21 |
| Tax % | 23 | 15 | 20 | 28 | 30 | 27 | 29 |
| Net Profit | 1 | 1 | 2 | 2 | 7 | 10 | 15 |
| EPS in Rs | — | — | — | 3.18 | 8.1 | 11.85 | 17.18 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 3 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 0.01 | 0.01 | 3 | 4 | 9 | 9 |
| Reserves | 1 | 2 | 3 | 2 | 17 | 23 | 38 |
| Borrowings | 2 | 3 | 15 | 27 | 30 | 41 | 55 |
| Other Liabilities | 5 | 2 | 3 | 6 | 11 | 21 | 32 |
| Total Liabilities | 8 | 7 | 21 | 38 | 63 | 94 | 134 |
| Fixed Assets | 2 | 3 | 13 | 20 | 25 | 28 | 26 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 7 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 6 | 4 | 8 | 18 | 37 | 65 | 101 |
| Total Assets | 8 | 7 | 21 | 38 | 63 | 94 | 134 |

### Cash Flow

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 3 | 1 | -1 | 5 | 4 | 10 | 8 |
| Cash from Investing Activity | -1 | -3 | -11 | -11 | -11 | -10 | -12 |
| Cash from Financing Activity | 0 | 1 | 12 | 7 | 7 | 2 | 2 |
| Net Cash Flow | 1 | -1 | 0 | 1 | 0 | 2 | -2 |
| Free Cash Flow | 2 | -1 | -1 | -6 | -7 | 0 | -4 |
| CFO/OP | 208 | 61 | -20 | 65 | 28 | 53 | 38 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 51 | 43 | 57 | 83 | 78 | 107 | 130 |
| Cash Conversion Cycle | 51 | 43 | 57 | 83 | 78 | 107 | 130 |
| Working Capital Days | -49 | -20 | 32 | 16 | 61 | 66 | 84 |
| ROCE % | — | 32 | 20 | 17 | 30 | 28 | 29 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.07% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 33.95% | 34.81% | 34% | 33.92% | 34.12% | 36.88% | 42% | 44.82% | 45.06% | 44.95% | 44.91% | 44.84% |
| Others | 14.86% | 14% | 14.81% | 14.89% | 14.69% | 11.93% | 6.81% | 3.99% | 3.75% | 3.86% | 3.91% | 3.9% |
| No. of Shareholders | 539 | 341 | 399 | 722 | 1261 | 1412 | 1674 | 1978 | 1911 | 1818 | 1654 | 1698 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 6 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 122.73 | Buy |
| EMA (10) | 126.09 | Sell |
| SMA (20) | 133.29 | Sell |
| EMA (20) | 130.13 | Sell |
| SMA (50) | 134.1 | Sell |
| EMA (50) | 133.5 | Sell |
| SMA (100) | 135.58 | Sell |
| EMA (100) | 135.55 | Sell |
| SMA (200) | 139.03 | Sell |
| EMA (200) | 141.57 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 37.74 | Neutral |
| MACD (12,26,9) | -4.38 | Sell |
| Stochastic (14,3,3) | 25.36 | Neutral |
| ADX (14) | 29.54 | Buy |
| Williams %R (14) | -76.81 | Neutral |
| ATR (14) | 5.95 | High Volatility |
| ROC (12) | -15.17 | Sell |
| Stoch RSI (14) | 35.88 | Neutral |
| UO (7,14,28) | 39.69 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 May 2026 - Urban Enviro to unveil Urban 2.0 at AGM, targeting new states and ₹75 crore fund raise. | [Press Release 8 May 2026 - Urban Enviro to unveil Urban 2.0 at AGM, targeting new states and ₹75 crore fund raise.](https://nsearchives.nseindia.com/corporate/URBANENVIRO_08052026151836_Press_Release.pdf) |
| 8 May 2026 - NSE granted in-principle approval for 32,00,000 shares via warrant conversion. | [General Updates 8 May 2026 - NSE granted in-principle approval for 32,00,000 shares via warrant conversion.](https://nsearchives.nseindia.com/corporate/URBANENVIRO_08052026124215_Letter_NSE_Inprincipal_approval_warrants.pdf) |
| 8 Jul - Regulation 74(5) certificate filed for quarter ended June 30, 2026; no rematerialisation requests. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 Jul - Regulation 74(5) certificate filed for quarter ended June 30, 2026; no rematerialisation requests.](https://nsearchives.nseindia.com/corporate/URBANENVIRO_08072026133250_Letter_NSE.pdf) |
| 8 Jul - Quarter ended June 30, 2026 investor grievance report shows nil complaints pending, received, resolved, or outstanding. | [Updates 8 Jul - Quarter ended June 30, 2026 investor grievance report shows nil complaints pending, received, resolved, or outstanding.](https://nsearchives.nseindia.com/corporate/URBANENVIRO_08072026134145_Letter_NSE_IG.pdf) |
| 8 Jul - Corporate governance provisions not applicable for quarter ended June 30, 2026 under Regulation 15. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 8 Jul - Corporate governance provisions not applicable for quarter ended June 30, 2026 under Regulation 15.](https://nsearchives.nseindia.com/corporate/URBANENVIRO_08072026133727_Letter_NSE_CG_30062026.pdf) |
| 8 April 2026 - Submitted investor grievances report for quarter ended March 31, 2026 under SEBI Regulation 13(3). | [Updates 8 April 2026 - Submitted investor grievances report for quarter ended March 31, 2026 under SEBI Regulation 13(3).](https://nsearchives.nseindia.com/corporate/URBANENVIRO_08042026155228_Letter_NSE_IG_31032026.pdf) |
| 8 April 2026 - Regulation 74(5) certificate for quarter ended March 31, 2026; no rematerialisation requests received. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 April 2026 - Regulation 74(5) certificate for quarter ended March 31, 2026; no rematerialisation requests received.](https://nsearchives.nseindia.com/corporate/URBANENVIRO_08042026155446_Letter_NSE.pdf) |
| 8 April 2026 - Corporate governance provisions not applicable for quarter ended March 31, 2026. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 8 April 2026 - Corporate governance provisions not applicable for quarter ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/URBANENVIRO_08042026155017_Letter_NSE_CG_31032026.pdf) |
| 7 May 2026 - NSE levied ₹11,800 fine for Regulation 29 non-compliance; company paid it and updated board on May 7, 2026. | [General Updates 7 May 2026 - NSE levied ₹11,800 fine for Regulation 29 non-compliance; company paid it and updated board on May 7, 2026.](https://nsearchives.nseindia.com/corporate/URBANENVIRO_07052026210811_BM_Outcome_SOP_Fines.pdf) |
| 7 May 2026 - Board approved FY26 audited results, appointed internal auditor, and revised remuneration for directors and CFO. | [Appointment 7 May 2026 - Board approved FY26 audited results, appointed internal auditor, and revised remuneration for directors and CFO.](https://nsearchives.nseindia.com/corporate/URBANENVIRO_07052026211154_BM_Outcome_NSE_07052026.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31000_URBAN_2025_2026_A_24440253_01092026165927.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28159_URBAN_2024_2025_A_3653691_02092025165550.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25166_URBAN_2023_2024_27082024145720.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2024 | [Concall - Sep 2024](https://nsearchives.nseindia.com/corporate/URBAN_06092024131053_Letter_NSE_Investor_presenatation.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 2026-09-13T20:16:43.607Z.