203.08
-0.51%
Close of 9 Nov 2026, in INR
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About Updater Services
Its shares trade on NSE under the ticker UDS.NS. It has been listed since 4 October 2023. In the fiscal year to 31 March 2026, it reported revenue of ₹29.40bn and net income of ₹856.8m. At that date it held total assets of ₹16.40bn and shareholders' equity of ₹10.52bn.
Updater Services Ltd is a IN-based company operating in Commercial Services & Supplies industry. The company is headquartered in Chennai, Tamil Nadu. The company went IPO on 2023-10-04. Updater Services Limited is an India-based integrated business services platform offering integrated facilities management (IFM) services and business support services (BSS). Its segments include IFM & Other Services and BSS Segment. Its IFM services segment primarily comprises soft services such as housekeeping and cleaning services, disinfecting and sanitizing services, pest control, horticulture, and facade cleaning; production support services, such as material handling, material movement, on-site warehouse management, stores and inventory management; engineering services, such as mechanical, electrical and plumbing (MEP) services; and washroom and feminine hygiene care solutions. Its other services segment primarily comprise warehouse management, institutional catering, staffing, and others. Its BSS segment includes sales enablement services, employee background verification check, audit and assurance, airport ground handling, and mailroom management and niche logistics solutions.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Commercial Services & Supplies
- Listed since
- 4 Oct 2023
- Employees
- 68,280
- Website
- uds.in ↗
Leadership
Pay as last reported
- Mr. Raghunandana TangiralaManaging Director, Executive Chairman of the Board, since 2003₹13.7m
- Mr. Snehashish BhattacharjeeChief Executive Officer - Denave India Private Limited
- Mr. P. RavishankarChief Executive Officer - Matrix Business Services India Private Limited₹6.3m
- Ms. Sandhya SaravananCompliance Officer, Company Secretary
- Ms. Jigyasa SharmaExecutive Director, since 2024
- Mr. C. R. SaravananDirector of Business Operations₹4.5m
- Mr. Amitabh JaipuriaNon-Executive Director, since 2022₹21.4m
- Mr. Sunil ChandiramaniIndependent Director₹4.0m
- Mr. Amit ChoudharyIndependent Director₹1.7m
- Ms. Sangeeta SumeshIndependent Director₹1.1m
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Updater Services Ltd employs 68,280 full-time employees in Chennai, India.
- The company offers integrated facilities management services across multiple sectors.
- Its BSS segment provides sales enablement and employee background verification services.
Weaknesses
- The company's IPO listing date is 4 October 2023, which is recent.
- Updator Services Ltd operates only in the Commercial Services & Supplies industry.
- The company has no mention of international operations or global presence.
Opportunities
- The IFM services segment includes warehouse management and institutional catering services.
- The BSS segment offers airport ground handling and mailroom management services.
- The company can expand its IFM services to new regions within India.
Threats
- The company's headquarters city Chennai is not a major global business hub.
- The company's industry Commercial Services & Supplies faces high competition in India.
- The company's recent IPO may face market volatility in the short term.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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