Provides integrated facility management (IFM) and business support services (BSS) to enterprise clients, with 36,991 employees on the rolls as of Q1 FY27. IFM is the larger line at 69.2% of FY26 segment revenue (₹2,048.024 cr) and covers hard and soft facility services for commercial, industrial and warehousing customers, plus a flight-handling business operating across 23 airports. BSS contributed ₹967.819 cr (32.7% of FY26 segment revenue) through sales outsourcing (Denave), customer-engagement and agentic-AI work (Athena) and back-office BPO (Matrix). In Q1 FY27, IFM revenue grew 11% YoY to ₹525 cr on six new client wins, while BSS reached ₹253 cr at a 7.5% EBITDA margin — lifted by Matrix's EBITDA margin stepping up to 13.1% from 7.6% YoY. The model is labour-intensive: employee costs are 78.1% of revenue, with materials at 3.1%, other opex 14.1% and depreciation 1.6%. FY26 consolidated revenue was ₹2,939.507 cr with an EBITDA margin of 5.0857% and net profit of ₹82.779 cr. The balance sheet is net cash, with net debt/equity at -0.24 and over ₹300 cr of cash as of June 2026. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Integrated Facility Management Services (69%), Business Support Services (33%). Labour-intensive, asset-light diversified commercial services business spanning facility management and business support
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 2,444 | 2,736 | 2,940 |
| EBITDA (ex other income) | 134 | 167 | 129 |
| margin % | 5.5 | 6.1 | 4.4 |
| Owners' profit | 68 | 119 | 86 |
| EPS, as reported (₹) | 11.36 | 17.74 | 12.80 |
| ROE % · ROCE % | 7.8 · 10.7 | 12.3 · 14.1 | 7.8 · 8.7 |
| Debt / equity (x) | 0.06 | 0.05 | 0.00 |
| Cash from operations | (150) | 51 | 144 |
| Capex | (40) | (14) | (19) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 680 | 695 | 709 | 700 | 1,430 | 767 | 743 | 764 |
| Profit before tax | 35 | 38 | 39 | 31 | 55 | 5 | 36 | 33 |
| Net profit | 28 | 31 | 34 | 29 | 49 | 7 | 27 | 30 |
| EPS (₹) | 4.20 | 4.61 | 5.15 | 0.00 | 7.29 | 1.37 | 4.19 | 4.44 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Integrated Facility Management Services | 2,525 | 68.9 |
| Business Support Services | 1,205 | 32.9 |
| Total, before eliminations | 3,730 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| INTL GEMOLOGICAL INST LTD | 13,611 | 22.3 | 9.15 | 13.1 | 47.8 | 58.1 | — | 64.6 |
| WEWORK INDIA MANAGEMENT L |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · CHRO Ms. Samriti Malhotra resigns; HR now with Executive Director | management changes | medium | — | — |
| 5 Sept 2026 · SIS Limited files SAST disclosure with Updater Services | ownership changes | medium | — | — |
| 5 Sept 2026 · SIS Limited acquires 2.67% stake in Updater Services, crosses 10% threshold | ownership changes | medium | — | — |
| 26 Aug 2026 · All 4 AGM resolutions passed; institutional dissent on director re-appointments | board shareholder meetings | low | — | — |
| 25 Aug 2026 · 23rd AGM held on Aug 25, 2026; CMD re-appointed for 5 years | board shareholder meetings | low | — | — |
| 11 Aug 2026 · Updater Services to attend Emkay Global investor conference on Aug 14, 2026 | board shareholder meetings | low | — | — |
| 11 Aug 2026 · UDS reshuffles senior management, appoints new COO from Compass India | management changes | medium | — | — |
| 6 Aug 2026 · UDS Q1 FY27 Earnings Call: Revenue up 9% to INR764 cr; INR1 interim dividend | investor communications | medium | — | — |
| 4 Aug 2026 · Notice of 23rd AGM published in newspapers | compliance | minimal | — | — |
| 3 Aug 2026 · 23rd AGM notice and FY26 Annual Report web link shared with shareholders | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 9,297 |
| 106.7 |
| 31.07 |
| 5.9 |
| 25.0 |
| 1.0 |
| — |
| 66.5 |
| NESCO LTD. | 7,728 | 18.6 | 2.58 | 13.1 | 13.8 | 14.8 | 26.2 | 68.9 |
| INOX GREEN ENERGY SER LTD | 7,175 | 57.5 | 4.18 | 42.6 | 6.0 | 9.0 | — | 131.6 |
| SMARTWORKS COWORKING SP L | 6,079 | 218.0 | 11.45 | 5.1 | 2.0 | 0.3 | — | 65.8 |
| NIRLON LTD | 5,526 | 16.0 | 11.79 | — | 73.8 | 18.1 | — | 79.4 |
| QUESS CORP LIMITED | 5,174 | 20.4 | 4.43 | 15.6 | 19.0 | 14.4 | 7.1 | 2.6 |
| INDIQUBE SPACES LIMITED | 4,272 | — | 8.30 | — | (20.7) | (2.5) | — | 67.3 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 12.0 | 14.3 | 37 of 89 | 59% |
| P/B | 1.3 | 1.5 | 41 of 92 | 55% |
| ROCE | 8.1 | 3.2 | 34 of 105 | 68% |
| ROE | 7.8 | 3.1 | 37 of 116 | 69% |
| Debt / Equity | 0.0 | 0.0 | 48 of 116 | 59% |
| EBITDA margin | 6.1 | 25.4 | 62 of 92 | 33% |
| Revenue growth | 9.2 | 16.2 | 55 of 91 | 40% |
| Profit growth | 4.5 | 5.2 | 56 of 110 | 50% |
| Market cap | 1386 | 56 | 18 of 104 | 84% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
