Added to YB: 2026-02-03
Pitch date: 2026-01-30
UNIPARTS.NS [bullish]
Uniparts India Limited
+11.93%
current return
Author Info
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Company Info
Uniparts India Limited, together with its subsidiaries, manufactures and sells engineering systems, solutions, and assemblies primarily for off-highway vehicles in India, the United States, the Asia Pacific, Europe, Japan, and internationally.
Market Cap
INR 19.5B
Pitch Price
INR 430.08
Price Target
N/A
Dividend
3.30%
EV/EBITDA
10.49
P/E
16.85
EV/Sales
1.74
Sector
Machinery
Category
turnaround
Uniparts India: A Good Business in a Bad Phase
UNIPARTS.NS: Precision ag/construction components supplier exited 15.4% FY25 revenue decline from channel destocking with 17% EBITDA margin, net cash position. Construction recovering, Ag inventories normalizing, ₹200cr new business pipeline. Dual-shore model (India/US/Mexico) mitigates tariffs, gains share vs China suppliers. Trading 11.3x FCFE, 16.5x P/E on depressed earnings. Mgmt guides double-digit FY26 growth, 17-19% margins. Risk: Ag cycle, customer concentration, tariff volatility.
Read full article (16 min)