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Updater Services Ltd
NSE: UDS BSE: 543996
₹207.50
(3.07%)
Mon, 21 Sept 2026, 02:39 pm
Market Cap (in Cr)1388.94
PE Ratio16.00
Dividend0.48
Commercial Services
Miscellaneous Commercial Services
24.5KCompany History
1990
- The Company was founded as a partnership firm between Raghunandana Tangirala and K. Hariharan.
2000
- The partnership firm was reconstituted to admit Shanthi Tangirala as a partner.
2002
- The Company entered into an agreement with Saint-Gobain Glass India Private Limited for providing operations services.
2003
- The Company was converted from a partnership firm to a private limited company.
2006
- The Company's total revenue crossed Rs. 500.00 million for the Financial Year ended March 31, 2006.
- The Company acquired 51% shareholding in Avon Solutions and Logistics Private Limited.
2010
- The Company entered into an agreement with one of the largest private airports in India.
2014
- The Company entered into an agreement for facility management services with a hospital.
- The Company obtained a rating from a credit rating agency.
2015
- The Company's total revenue crossed Rs. 5,000.00 million for the Financial Year ended March 31, 2015.
2016
- The Company entered into an agreement for providing facility management services for a metro rail.
2017
- The Company acquired 100% shareholding in Stanworth Management Private Limited.
- The Company acquired 65% shareholding in Fusion Foods and Catering Private Limited.
2018
- The Company entered into an agreement for providing and managing human resource services at a hospital in Ahmedabad.
- The Company acquired 70% stake in Global Flight Handling Services Private Limited.
2019
- The Company rolled out an Employee Stock Option Plan for its employees.
- The Company entered into an agreement with a large conglomerate for property and facility management services at Sardar Vallabhbhai Patel – Statue of Unity.
2020
- The Company's total revenue crossed Rs. 10,000.00 million for the Financial Year ended March 31, 2020.
- The Company entered into an agreement for operation and maintenance of liquid terminal at Kattupali Port.
- The Company entered into an agreement with a leading medical education and research institute in Pondicherry.
- The Company was appointed as facility manager to manage the operation and management of three railway stations.
- The Company acquired 75% shareholding in Matrix Business Services India Private Limited.
- The Company acquired 76% shareholding in Washroom Hygiene Concepts Private Limited.
2022
- The Company was converted from a private limited company to a public limited company.
- The name of the Company was changed to 'Updater Services Limited'.
- A fresh certificate of incorporation was issued to the Company by the RoC.
- The Company acquired 57% shareholding in Athena BPO Private Limited.
2023
- The Company's total revenue crossed Rs. 20,000.00 million for the Financial Year ended March 31, 2023.