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Uravi Defence and Technology Limited (URAVIDEF) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹1.5B

UD Uravi Defence and Technology Limited URAVIDEF · NSE
Price₹106.00
Fair Value₹15.46
Upside-85.4%
Quality30/100
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Expensive Growth
Thin margins · 2.7% net margin
Low debt · negative free cash flow
Trails peers (1/12)
Narrow moat 14/100
Evidence: Medium Range ₹10.82 – ₹19.46 Share as image

Fair value as of: Aug 16, 2026

From 13 valuation models · updated 2 days ago

Fair value updated Aug 16, 2026, revised from ₹14.11 to ₹15.46 (+9.6%) since Aug 8, 2026. Share price −6.7% over the past month.

Below-average quality, and screening another 85% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹19.46). The favourable scenario is already priced in.
  • Weak quality (30/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

₹643.55 ₹54.95 Fair Value ₹15.46 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 16, 2026.

How to read this chart

60‑month range ₹54.95 – ₹643.55 · fair‑value band ₹10.82 – ₹19.46 · the ₹106.00 price screens above the ₹15.46 fair value. Dashed = 300-day average. As of Aug 16, 2026.

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Analysis

Uravi Defence and Technology Limited (URAVIDEF) currently trades at ₹106.00, while our model-based Fair Value estimate is ₹15.46, implying the stock looks roughly 85.4% overvalued today. The Quality Score stands at 30/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Uravi Defence and Technology Limited generated revenue of ₹386M at a net margin of 2.7%. Revenue declined 13.5% year over year. It earns a return on equity of 2.2%. Net debt stands at ₹215M. Fundamentals as of Aug 16, 2026

Our scenario range runs from ₹10.82 (bear case) to ₹19.46 (bull case); at ₹106.00, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Consumer Cyclical peers we cover trades at -52% fair-value upside, at -85%, URAVIDEF screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
ROIC Compounder ₹4.11 ₹4.52 ₹4.86 72
Growth-Adj P/E ₹10.82 ₹15.46 ₹20.10 68
P/E Multiple ₹15.11 ₹20.14 ₹25.18 63
All 13 models by family
DCF Models
Owner Earnings ₹9.67 ₹12.22 ₹15.84 31
Earnings-Based
Graham-Dodd ₹6.23 ₹11.98 ₹14.95 54
EPV ₹4.11 ₹4.52 ₹4.86 59
Multiples
P/E Multiple ₹15.11 ₹20.14 ₹25.18 63
P/S Multiple ₹11.67 ₹15.57 ₹19.46 58
P/B Multiple ₹11.67 ₹15.57 ₹19.46 55
EV/EBIT ₹11.27 ₹14.66 ₹18.05 53
EV/EBITDA ₹22.89 ₹30.15 ₹37.41 54
EV/Revenue ₹7.95 ₹10.89 ₹13.83 43
Asset-Based
NCAV (Graham) ₹22.30 ₹29.89 ₹44.61 50
Economic Profit
Residual Income ₹29.51 ₹27.36 ₹19.84 61
ROIC Compounder ₹4.11 ₹4.52 ₹4.86 72
Growth Earnings
Growth-Adj P/E ₹10.82 ₹15.46 ₹20.10 68

Widest divergence: Asset-Based (₹29.89) versus Earnings-Based (₹4.52). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) ₹386M
Revenue growth (YoY) -13.5%
Net margin 2.7%
Return on equity 2.2%
Free cash flow −₹16.3M FY2026
P/E ratio 110.4
More key figures
Operating margin -3.9%
EPS (TTM) ₹0.9600
EPS growth (YoY) -33.3%
Net debt ₹215M FY2026

Figures from reported company fundamentals · as of Aug 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 30/100

Of which business quality 33 · Market factors (momentum, volatility) 26

Profitability 24
Margins and returns on capital today
Quality Growth 17
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 37
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 13
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 64
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Uravi Defence and Technology Limited manufactures and sells wedge and various types of lamps for automobiles in India. The company provides incandescent and halogen head lamps; stop, tail, and indicator signal lamps; wedge base lamps; wedge base lamps holders and silicon caps; and LED filament lamps for use in two-wheelers, three-wheelers, passenger …

Full company description

Uravi Defence and Technology Limited manufactures and sells wedge and various types of lamps for automobiles in India. The company provides incandescent and halogen head lamps; stop, tail, and indicator signal lamps; wedge base lamps; wedge base lamps holders and silicon caps; and LED filament lamps for use in two-wheelers, three-wheelers, passenger vehicles, light and heavy commercial vehicles, house, and tractors applications. It offers its products under the UVAL brand name. Uravi Defence and Technology Limited was formerly known as Uravi T & Wedge Lamps Limited and changed its name to Uravi Defence and Technology Limited in November 2024. The company was incorporated in 2004 and is based in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Uravi Defence and Technology Limited reported revenue of ₹386M in FY2026 versus ₹313M in FY2022, a compound +5.4%/yr. Reported net income was ₹10.4M in FY2026, compounding +9.2%/yr from FY2022.

Growth Quality 30/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹386M
Latest YoY
−11.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.6%
Revenue +5.4%/yr
FY22 ₹313M
FY23 ₹337M
FY24 ₹420M
FY25 ₹435M
FY26 ₹386M
Net income +9.2%/yr
FY22 ₹7.3M
FY23 ₹8.7M
FY24 ₹21.3M
FY25 ₹25.4M
FY26 ₹10.4M

URAVIDEF screens 85% overvalued. Compare with Hyundai Mobis Co →

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Cite: Fair Value Calculator (2026). "Uravi Defence and Technology Limited Fair Value". https://www.fairvalue-calculator.com/stock/URAVIDEF

Peer Group

Auto Parts · 639 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 30 · Bottom 25%
Fair Value upside −85% · Bottom 25%
Return on equity (TTM) 2% · Below median
Return on assets 1% · Bottom 25%
Net margin (TTM) 3% · Below median
Operating margin (TTM) -4% · Bottom 25%
Revenue growth -14% · Bottom 25%
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 110.4× · Pricier than 75% of peers
P/B 2.90× · Pricier than median
P/S (TTM) 3.82× · Pricier than 75% of peers
EV/EBITDA 50.9× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 17
FUTURE 0 · sector 24
PAST 9 · sector 26
HEALTH 99 · sector 95
DIVIDEND 0 · sector 34

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 16, 2026).

Stock Price Fair Value vs Fair Value
Hyundai Mobis Co 012330 511,000 KRW 643,909 KRW +26%
Magna International Inc MGAN 1,122 MXN 1,142 MXN +2%
Samvardhana Motherson International Limited MOTHERSON ₹169.50 ₹80.63 -52%
Bosch Limited BOSCHLTD ₹46,750 ₹13,061 -72%
Bharat Forge Limited BHARATFORG ₹2,082 ₹393.20 -81%
Uno Minda Limited UNOMINDA ₹1,232 ₹426.57 -65%
Schaeffler India Limited SCHAEFFLER ₹4,126 ₹1,412 -66%
Hankook Tire & Technology Co 161390 71,500 KRW 196,479 KRW +175%
Sona BLW Precision Forgings Limited SONACOMS ₹799.90 ₹207.06 -74%
Balkrishna Industries Limited BALKRISIND ₹2,497 ₹1,211 -51%

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Frequently asked questions

Is Uravi Defence and Technology Limited (URAVIDEF) overvalued or undervalued?
As of Aug 16, 2026, our model estimates a fair value of ₹15.46 versus a price of ₹106.00, about −85% (overvalued).
What is the fair value of URAVIDEF?
Our model-based fair value for Uravi Defence and Technology Limited is ₹15.46 (as of Aug 16, 2026), built from audited fundamentals. The current price is ₹106.00.
What is the quality score of URAVIDEF?
Uravi Defence and Technology Limited has a Quality Score of 30/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Uravi Defence and Technology Limited (URAVIDEF)?
Uravi Defence and Technology Limited reported trailing-twelve-month revenue of about ₹386M (latest available figure, as of Aug 16, 2026).
What is the net profit margin of URAVIDEF?
The net profit margin of Uravi Defence and Technology Limited is about 2.7%, meaning it keeps roughly 2.7% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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