Univastu India Ltd. (UNIVASTU) AI Stock Analysis

• Market Cap: ₹2.26B
• Dividend Yield: N/A
• Average Volume (3M): 111.38K
• Price to Earnings (P/E): 11.3
• Beta (1Y): 0.22
• Revenue Growth: 14.32%
• EPS Growth: 35.40%
• Country: IN
• Employees: 64
• Sector: Real Estate
• Sector Strength: 53
• Industry: Engineering & Construction
• EPS (TTM): 1.53
• Shares Outstanding: 35,986,770
• 10 Day Avg. Volume: 207,134
• 30 Day Avg. Volume: 111,384
• PEG Ratio: 0.16
• Price to Book (P/B): 1.00
• Price to Sales (P/S): 0.47
• P/FCF Ratio: -5.42
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ₹73.00 ▲(6.40% Upside)
• Action: Reiterated Date: 01/17/26
• Date: Action: Reiterated 01/17/26

The score is primarily driven by strong revenue growth and improving profitability, supported by a stable balance sheet. It is held back by weak cash flow (negative free cash flow and poor operating cash conversion) and a mixed technical picture with negative MACD and the price below longer-term moving averages; valuation is moderate at a 18 P/E with no dividend yield provided.

Positive Factors

Consistent Revenue Growth

Sustained year-over-year revenue growth indicates durable demand and effective project execution. For a developer, growing top-line across cycles reflects an expanding project pipeline, better land/project conversion and market traction that should support cash generation and scale over the next 2-6 months.

Improving Profitability and Margins

Rising net and operating margins point to stronger cost control and project execution discipline. Durable margin improvement enhances resilience to price cycles, allows reinvestment into higher‑return projects, and improves long-term return on capital if sustained through disciplined procurement and project management.

Stable Balance Sheet and Capitalization

A well-capitalized balance sheet with prudent leverage reduces refinancing and solvency risk for a cyclical real estate business. This structural strength supports bidding for new projects, accessing financing on reasonable terms, and sustaining operations in downturns, improving long-term strategic optionality.

Negative Factors

Negative Free Cash Flow

Persistent negative free cash flow signals the company is not self-funding its investments, increasing reliance on external financing. For a developer, this raises funding risk, may slow project execution or raise financing costs, and can constrain growth unless operational cash generation meaningfully improves.

Weak Operating Cash Conversion

Earnings that do not convert into cash create a structural liquidity mismatch for a project-driven firm. Poor cash conversion can impair ability to meet supplier or debt obligations, force asset sales or dilutive financing, and undermine sustainable investment in new projects if not corrected.

Room to Reduce Total Debt

Although leverage is reasonable, remaining debt increases vulnerability in a cyclical sector. Lowering total debt would reduce interest burden and enhance flexibility to pursue opportunistic projects or withstand downturns. Continued leverage reduction is important for long-term resilience.

Univastu India Ltd. Business Overview & Revenue Model

Company Description

Univastu India Limited operates as a construction company in India. The company provides integrated engineering, procurement, and construction services for civil and structural construction and infrastructure sector projects. It handles turnkey, civil construction, mass housing, water supply and drainage, road, and minor irrigation projects, as well as sports complexes, multi-purpose halls, commercial and industrial structures, hospitals, educational institutions, cold storages, etc. The company is also involved in the trading of construction materials, including steel, cement, and electrical materials. It serves public and commercial sectors. The company was incorporated in 2009 and is headquartered in Pune, India.

How the Company Makes Money

Univastu India Ltd. generates revenue primarily through the sale and leasing of residential and commercial properties. The company undertakes various real estate development projects, earning income from the sale of units once completed. Additionally, it engages in project management services for third-party developers, earning fees for its expertise in overseeing construction and ensuring project delivery on time and within budget. Revenue is also supplemented by strategic partnerships with other real estate firms and financial institutions, enabling UNIVASTU to expand its project portfolio and access new markets. Overall, the company's revenue model is supported by a combination of direct sales, service fees, and collaborative ventures.

Univastu India Ltd. Financial Statement Overview

Summary

Strong income statement (85) with robust revenue growth and improving profitability supports the score, while a stable balance sheet (75) is tempered by weaker cash flow quality (65) due to negative free cash flow and weak operating cash conversion.

Income Statement

Univastu India Ltd. demonstrates strong revenue growth with an impressive year-over-year increase from 2024 to 2025. The gross profit margin remains healthy, indicating effective cost control. Net profit margins have improved significantly, reflecting enhanced profitability. EBIT and EBITDA margins are robust, highlighting operational efficiency. Overall, the income statement reflects a positive financial trajectory with increasing profitability and strong revenue growth.

Balance Sheet

The company's balance sheet shows a stable financial position with a reasonable debt-to-equity ratio, suggesting prudent financial leverage. Return on Equity (ROE) has improved, indicating efficient use of shareholders' equity. The equity ratio suggests a well-capitalized company with a balance between debt and equity. However, there is room for improvement in reducing total debt further to strengthen the balance sheet.

Cash Flow

Univastu India Ltd. faces challenges in cash flow management, with negative free cash flow indicating capital expenditure exceeding operational cash inflow. The operating cash flow to net income ratio is negative, highlighting potential liquidity issues. However, the company has managed to maintain positive financing cash flow, suggesting access to external funding. Improvement in operational cash generation is needed to enhance cash flow stability.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.60B	1.71B	1.20B	869.45M	587.42M	512.42M
Gross Profit	431.46M	384.62M	371.87M	255.42M	201.29M	287.89M
EBITDA	317.46M	291.39M	199.51M	151.75M	127.41M	197.16M
Net Income	130.96M	104.68M	70.86M	66.30M	52.37M	95.84M
Balance Sheet
Total Assets	2.43B	1.88B	1.39B	1.23B	1.12B	1.21B
Cash, Cash Equivalents and Short-Term Investments	82.91M	135.83M	99.70M	36.53M	45.86M	37.50M
Total Debt	415.75M	352.04M	335.87M	332.53M	368.60M	397.01M
Total Liabilities	1.48B	1.02B	845.87M	800.53M	732.18M	880.32M
Stockholders Equity	873.04M	800.07M	519.78M	452.06M	385.77M	333.39M
Cash Flow
Free Cash Flow	-104.90M	-147.44M	65.00M	73.17M	115.99M	-48.71M
Operating Cash Flow	-99.79M	-86.92M	71.52M	76.09M	117.09M	-48.03M
Investing Cash Flow	39.46M	-178.28M	-42.11M	-6.54M	2.32M	-676.00K
Financing Cash Flow	60.96M	177.12M	3.67M	-87.29M	-111.05M	20.07M

Univastu India Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 68.61
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UNIVASTU, the sentiment is Negative. The current price of 68.61 is above the 20-day moving average (MA) of 64.11, above the 50-day MA of 64.47, and below the 200-day MA of 75.20, indicating a bearish trend. The MACD of -0.39 indicates Positive momentum. The RSI at 45.81 is Neutral, neither overbought nor oversold. The STOCH value of 18.82 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:UNIVASTU.

Univastu India Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UNIVASTU	68 Neutral	₹2.26B	11.26	―	―	14.32%	35.40%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
KAUSHALYA	51 Neutral	₹268.73M	13.89	―	―	―	―
COUNCODOS	50 Neutral	₹323.58M	164.47	―	―	-20.49%	-13.10%

Univastu India Ltd. Corporate Events

Univastu India to Host Virtual Investor-Company Connect on January 19

Univastu India Limited has announced that it will host a virtual “Valueportal Investors-Company Connect” session to facilitate direct engagement between its leadership team and investors. Scheduled for January 19, 2026, the video conference will feature Chairman and Managing Director Pradeep Khandagale and Chief Financial Officer Girish Deshmukh, who will share insights about the company, underscoring Univastu’s efforts to enhance transparency and maintain proactive communication with shareholders and the broader investor community.

Univastu India Board Clears Preferential Issue to Promoters and Triples Borrowing Limit

Univastu India Ltd. has approved a preferential issue of up to 35 lakh fully convertible warrants at Rs 82 each, to be allotted to promoter group members Pradeep and Rajashri Khandagale, with the pricing aligned to SEBI’s ICDR regulations and subject to shareholder and regulatory approvals. The board has also set the relevant date for pricing, convened an extraordinary general meeting on 20 January 2026 via video conferencing with associated e-voting timelines, appointed a scrutinizer and an R&T agent for the voting process, and cleared an increase in the company’s borrowing limit from Rs 100 crore to Rs 300 crore, signalling a plan to strengthen its capital structure and expand financing capacity, pending shareholder approval.