| Quarterly Financials | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
Revenue  | 476 | 512 | 544 | 573 | 578 | 606 | 645 | 637 | 659 | 687 | 701 | 726 | 705 |
| Expenses | 457 | 490 | 522 | 540 | 544 | 574 | 601 | 592 | 611 | 636 | 649 | 673 | 661 |
| EBITDA | 19 | 22 | 22 | 34 | 34 | 32 | 44 | 46 | 47 | 51 | 52 | 52 | 44 |
| Operating Profit % | 4 % | 4 % | 4 % | 6 % | 6 % | 4 % | 5 % | 6 % | 6 % | 6 % | 7 % | 5 % | 6 % |
| Depreciation | 6 | 8 | 8 | 15 | 13 | 14 | 15 | 12 | 12 | 12 | 12 | 11 | 11 |
| Interest | 1 | 3 | 4 | 6 | 6 | 6 | 4 | 3 | 3 | 3 | 2 | 2 | 2 |
| Profit Before Tax | 15 | 16 | 10 | 14 | 17 | 12 | 25 | 31 | 33 | 35 | 38 | 39 | 31 |
| Tax | 4 | 7 | 5 | 4 | 5 | 3 | 4 | 6 | 7 | 7 | 7 | 5 | 2 |
| Net Profit | 11 | 9 | 5 | 10 | 12 | 9 | 21 | 24 | 26 | 28 | 31 | 34 | 29 |
| EPS in ₹ | 1.95 | 1.87 | 1.01 | 1.94 | 2.44 | 1.86 | 3.12 | 3.86 | 3.79 | 4.20 | 4.61 | 5.15 | 4.33 |
Updater Services
Updater Services
259.73
-1.70
(-0.65%)
Market Cap
1,750.40 Cr
EPS
17.74
PE Ratio
14.24
Dividend Yield
0.00 %
Industry
Commercial Services52 Week High
438.60
52 Week Low
239.50
PB Ratio
1.81
Debt to Equity
0.12
Sector
Diversified Services
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from3 analysts
Company News
View All News
Updater Services Reports 7% Revenue Growth to INR 7,053 Million in Q1 FY26 Despite Global HeadwindsAug 12, 2025
Updater Services Limited reported quarterly revenue of INR 7,053 million, representing 7% year-on-year growth. The company achieved EBITDA of INR 444 million with margins of 6.3% and PAT of INR 290 million, showing 13% growth. The IFM segment contributed 66% of revenue with INR 4,679 million (10% growth), while BSS segment accounted for 34% with INR 2,374 million. The company added 5 new logos in IFM and 9 in BSS, with total headcount reaching 73,000 employees (9% growth). Global uncertainties and geopolitical instability impacted discretionary spending, particularly affecting IT sector demand and background verification services. The company faced challenges including client in-sourcing at Athena, IT industry slowdowns affecting employee background verification, and cautious corporate spending in sales enablement services. Management expects 13-15% revenue growth in IFM segment and maintains confidence in 15% PAT growth for the full year despite sector-specific headwinds. The company holds INR 250 crores in cash with negative 0.2x net debt to equity ratio.
Updater Services Limited Makes Q1 FY'26 Earnings Call Audio Recording AvailableAug 06, 2025
Updater Services Limited has made the audio recording of their earnings call for the quarter ended June 30, 2025 available on their company website at www.uds.in. The earnings call was held on August 06, 2025, and the audio file can be accessed under the title 'Q1 & FY'26' section. The company has informed BSE Limited and National Stock Exchange of India Limited about the availability of this recording.
Updater Services Limited submitted a monitoring agency report through ICRA Limited for the quarter ended June 30, 2025, regarding the utilization of proceeds from their Initial Public Offer. The company raised INR 640 crores through its IPO in September 2023, with net proceeds of INR 377.87 crores allocated for specific purposes. The monitoring report shows no deviation from the stated objects of the issue. The company has fully utilized INR 377.76 crores across four key areas: INR 133 crores for repayment of borrowings, INR 115 crores for working capital requirements, INR 80 crores for inorganic initiatives, and INR 49.76 crores for general corporate purposes. Only INR 0.11 crores remains unutilized. ICRA Limited confirmed that the utilization is in line with the objects of the issue and all completion targets were met on schedule by March 31, 2025. The company operates in the manpower outsourcing and security services sector.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
373.00 | #1 16,119.60 | 32.90 | 1,088.50 | 19.65 | #1 427 | 15.42 | 59.40 | |
1,480.50 | 10,669.80 | 25.94 | 864.60 | 10.15 | 375 | 37.68 | 60.80 | |
418.30 | 6,901.70 | 18.38 | 2,475.20 | 7.68 | 373 | 3.08 | 38.29 | |
352.00 | 5,059.00 | 16.05 | 13,257.10 | 7.75 | 12 | 44.70 | 37.61 | |
168.61 | 4,905.10 | - | 7.80 | -5.88 | -8 | -23.81 | 73.80 | |
539.90 | 4,866.50 | 21.46 | 645.00 | 5.52 | 218 | 17.27 | 47.07 | |
570.80 | 4,094.40 | 81.50 | 1,260.70 | #1 54.61 | 68 | #1 257.14 | 47.38 | |
265.75 | 3,953.10 | 15.69 | #1 14,990.80 | 9.34 | 46 | 4.08 | 38.86 | |
1,934.00 | 3,224.30 | 28.33 | 11,200.60 | 18.37 | 111 | 28.87 | 63.76 | |
259.73 | #10 1,750.40 | #1 14.24 | #4 2,771.70 | #4 12.31 | #5 119 | #7 13.28 | 53.87 |
Automatic Screeners on ScanX
Forecast
Actual
Growth Rate
Revenue Growth
12.31 %
Net Income Growth
79.49 %
Cash Flow Change
-50.47 %
ROE
57.47 %
ROCE
32.37 %
EBITDA Margin (Avg.)
14.24 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 580 | 875 | 1,217 | 1,535 | 1,588 |
| Fixed Assets | 75 | 204 | 359 | 357 | 357 |
| Current Assets | 392 | 505 | 702 | 986 | 1,016 |
| Capital Work in Progress | 0 | 4 | 0 | 11 | 1 |
| Investments | 4 | 0 | 4 | 6 | 43 |
| Other Assets | 500 | 666 | 854 | 1,161 | 1,186 |
| Total Liabilities | 580 | 875 | 1,217 | 1,535 | 1,588 |
| Current Liabilities | 240 | 381 | 599 | 564 | 492 |
| Non Current Liabilities | 47 | 148 | 230 | 125 | 132 |
| Total Equity | 292 | 346 | 388 | 846 | 965 |
| Reserve & Surplus | 232 | 288 | 328 | 773 | 891 |
| Share Capital | 53 | 53 | 53 | 67 | 67 |
Cash Flow
| Cash Flow | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 7 | 27 | 13 | 57 | -31 | 35 |
| Investing Activities | -55 | -17 | -47 | -153 | -356 | 19 |
| Operating Activities | 5 | 129 | 31 | 115 | 103 | 51 |
| Financing Activities | 56 | -85 | 29 | 96 | 223 | -35 |
Share Holding
| % Holding | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 58.47 % | 58.74 % | 58.64 % | 58.89 % | 58.89 % | 58.89 % | 58.88 % | 58.88 % |
| FIIs | 0.00 % | 0.00 % | 5.05 % | 3.86 % | 3.54 % | 3.12 % | 2.73 % | 3.69 % |
| DIIs | 12.38 % | 13.60 % | 14.00 % | 13.49 % | 15.26 % | 15.04 % | 15.34 % | 12.78 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 8.43 % | 8.91 % | 13.05 % | 14.91 % | 17.67 % | 18.42 % | 18.53 % | 19.68 % |
| Others | 20.72 % | 18.75 % | 9.26 % | 8.85 % | 4.64 % | 4.53 % | 4.51 % | 4.97 % |
| No of Share Holders | 44,520 | 19,430 | 23,865 | 27,258 | 35,089 | 43,911 | 45,079 | 48,144 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 29 Nov 2023 |  Annual General Meeting | NA | 29 Nov 2023 | 284.60 | 267.25 |
| 08 Jul 2024 | Annual General Meeting | NA | 08 Jul 2024 | 329.80 | 307.20 |
| 29 Oct 2024 |  Quarterly Result Announcement | NA | 29 Oct 2024 | 369.55 | 354.15 |
| 27 Jan 2025 | Quarterly Result Announcement | NA | 27 Jan 2025 | 347.75 | 327.55 |
| 24 May 2025 | Quarterly Result Announcement | NA | 24 May 2025 | 301.95 | 339.25 |
| 05 Aug 2025 | Quarterly Result Announcement | NA | 05 Aug 2025 | 288.65 | 292.35 |
| 08 Aug 2025 | Annual General Meeting | NA | 08 Aug 2025 | 282.25 | 261.50 |
Announcements
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Aug 12, 2025
Aug 12, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 08, 2025
Aug 08, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMAug 08, 2025
Aug 08, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 08, 2025
Aug 08, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 06, 2025
Aug 06, 2025Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 06, 2025
Aug 06, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 06, 2025
Aug 06, 2025Announcement under Regulation 30 (LODR)-Investor PresentationAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 05, 2025
Aug 05, 2025Un-Audited Standalone & Consolidated Financial Results For The Quarter Ended June 30 2025.Aug 05, 2025
Aug 05, 2025Board Meeting Outcome for Board Meeting Outcome For Un-Audited Standalone & Consolidated Financial Results For The Quarter Ended June 30 2025.Aug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 01, 2025
Aug 01, 2025Board Meeting Intimation for Consideration And Approval Of The Un-Audited Financial Results Of The Company For The Quarter Ended June 30 2025Jul 31, 2025
Jul 31, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jul 23, 2025
Jul 23, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 17, 2025
Jul 17, 2025Letter To Shareholders Regarding Annual Report For The Financial Year 2024-25Jul 16, 2025
Jul 16, 2025Business Responsibility and Sustainability Reporting (BRSR)Jul 16, 2025
Jul 16, 2025Reg. 34 (1) Annual Report.Jul 16, 2025
Jul 16, 2025Notice Of 22Nd AGM Of The M/S. Updater Services Limited For The FY 2024-25 To Be Held On August 08 2025Jul 16, 2025
Jul 16, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 07, 2025
Jul 07, 2025Cancellation Of Schedule Of Analyst / Institutional Investor Meetings
Jul 02, 2025
Jul 02, 2025Closure of Trading WindowJun 26, 2025
Jun 26, 2025Announcement under Regulation 30 (LODR)-Credit RatingJun 25, 2025
Jun 25, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 25, 2025
Jun 25, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 25, 2025
Jun 25, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 18, 2025
Jun 18, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 18, 2025
Jun 18, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 30, 2025
May 30, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 26, 2025
May 26, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 26, 2025
May 26, 2025Announcement under Regulation 30 (LODR)-Investor PresentationMay 25, 2025
May 25, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 24, 2025
May 24, 2025Appointment Of Secretarial Auditor For A Term Of Five Consecutive Financial Years From April 1 2025 To March 31 2030 In Compliance With Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.May 24, 2025
May 24, 2025Audited Standalone & Consolidated Financial Results For The Financial Year Ended March 31 2025.May 24, 2025
May 24, 2025Board Meeting Outcome for Board Meeting Outcome For Audited Standalone & Consolidated Financial Results For The Financial Year Ended March 31 2025.May 24, 2025
May 24, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 20, 2025
May 20, 2025Update on board meetingMay 19, 2025
May 19, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportMay 15, 2025
May 15, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 14, 2025
May 14, 2025Board Meeting Intimation for Board Meeting Intimation For Inter-Alia To Consider And Approve The Audited Financial Results Of The Company For The Quarter And Financial Year Ended 31St March 2025May 13, 2025
May 13, 2025Announcement under Regulation 30 (LODR)-Scheme of ArrangementMay 10, 2025
May 10, 2025Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2May 02, 2025
May 02, 2025Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 30, 2025
Apr 30, 2025Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotApr 25, 2025
Apr 25, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportApr 25, 2025
Apr 25, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 09, 2025
Apr 09, 2025Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulation 2015Mar 29, 2025
Mar 29, 2025Closure of Trading WindowMar 26, 2025
Mar 26, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMar 25, 2025
Mar 25, 2025Technical Indicators
RSI(14)
Neutral 53.87
ATR(14)
Volatile 8.74
STOCH(9,6)
Neutral 54.91
STOCH RSI(14)
Overbought 84.60
MACD(12,26)
Bullish 2.25
ADX(14)
Weak Trend 13.30
UO(9)
Bearish 39.04
ROC(12)
Uptrend And Accelerating 6.71
WillR(14)
Overbought -8.56
Mutual Fund Holdings
| Funding House | Current Holding % | 1M Change | 1M Change % | 3M Change % | Last 6M Trend |
|---|---|---|---|---|---|
 Bandhan Small Cap Fund Direct-Growth | 0.49% | 138141 | -0.09% | 0.13% | |
| Bandhan Flexi Cap Fund Direct-Growth | 0.37% | 0 | -0.07% | -0.06% | |
| Bandhan Multi Asset Allocation Fund Direct-Growth | 0.29% | 0 | -0.06% | -0.07% | |
| Bandhan Multi Cap Fund Direct-Growth | 0.66% | 0 | -0.12% | -0.12% | |
| Bandhan Value Fund Direct-Growth | 0.40% | 0 | -0.06% | -0.06% | |
 Edelweiss Aggressive Hybrid Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% | |
| Edelweiss Recently Listed IPO Fund Direct-Growth | 0.00% | 0 | 0.00% | 0.00% | |
 ICICI Prudential ELSS Tax Saver Direct Plan - Growth | 0.18% | 0 | -0.03% | -0.03% | |
| ICICI Prudential Technology Direct Plan-Growth | 0.05% | 0 | -0.01% | -0.01% |
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