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United Interactive Overview

1. Business Overview

United Interactive Ltd., operating in the BPO/ITeS sector in India, likely provides a range of business process outsourcing (BPO) and IT-enabled services (ITeS) to clients. Its core business model involves delivering non-core or specialized business functions for other companies, typically to optimize costs, improve efficiency, or leverage specialized skills. This can include services such as customer support (voice/non-voice), back-office operations (data entry, transaction processing), finance and accounting, human resources outsourcing, and potentially some IT services like application development, infrastructure management, or quality assurance. The company primarily makes money through service contracts, which could be structured as time & material, fixed-price, or outcome-based agreements, charging clients for the services rendered.

2. Key Segments / Revenue Mix

Specific segment breakdown and revenue mix for United Interactive Ltd. are not available. However, typical BPO/ITeS companies often segment their operations by:

Service Offering: e.g., Voice Process, Non-Voice Process, Consulting, Digital Services.

Industry Vertical: e.g., Banking, Financial Services, and Insurance (BFSI); Healthcare; Retail; Telecommunications; Manufacturing.

Geography: e.g., North America, Europe, Asia-Pacific.

Without specific data, it's impossible to determine United Interactive Ltd.'s primary focus or revenue contribution from different segments.

3. Industry & Positioning

The Indian BPO/ITeS industry is highly competitive, characterized by a mix of large global players, mid-sized specialists, and numerous smaller firms. It is driven by global demand for cost-efficient, scalable, and increasingly digitally-enabled services. India continues to be a leading outsourcing destination due to its large talent pool, English proficiency, and cost advantages. United Interactive Ltd. operates within this dynamic landscape, competing on factors such as service quality, cost-effectiveness, domain expertise, technological capabilities (e.g., automation, AI integration), and client relationship management. Its specific positioning relative to peers (e.g., niche player, mass market provider, challenger) cannot be determined without further information.

4. Competitive Advantage (Moat)

Without specific details about United Interactive Ltd., it's difficult to ascertain strong, durable competitive advantages (moats). In the BPO/ITeS sector, potential moats can include:

Scale & Cost Leadership: For large players, achieving economies of scale can provide a cost advantage.

Switching Costs: Deep integration with client systems and processes can create high switching costs, retaining clients.

Specialized Expertise/Proprietary Technology: Niche players with unique domain knowledge or proprietary platforms can differentiate themselves.

Strong Client Relationships & Reputation: Long-standing, high-trust client relationships can be a significant advantage.

Talent Pool & Delivery Model: Access to a large, skilled workforce and an efficient global delivery model.

For United Interactive Ltd., any competitive advantage would likely stem from a combination of efficient service delivery, competitive pricing, specialized domain knowledge, or strong long-term client relationships. However, in a commoditized part of the market, sustainable moats can be challenging to build and maintain.

5. Growth Drivers

Key factors that could drive growth for United Interactive Ltd. over the next 3-5 years include:

Global Outsourcing Trend: Continued global enterprise focus on cost optimization and operational efficiency.

Digital Transformation: Increasing demand for services related to automation, artificial intelligence (AI), machine learning (ML), analytics, and cloud adoption.

Expansion into New Verticals/Geographies: Capturing market share in high-growth industries or untapped regions.

Value-added Services: Shifting from pure cost-arbitrage to offering higher-value consulting and domain-specific solutions.

Reskilling Workforce: Adapting to changing client needs by training employees in new technologies and skills.

6. Risks

United Interactive Ltd. faces several business risks typical for the BPO/ITeS industry:

Intense Competition: Pressure on pricing and margins from domestic and international players.

Talent Acquisition & Retention: Challenges in attracting, training, and retaining skilled workforce amidst high industry attrition.

Technological Disruption: Rapid advancements in automation and AI could reduce demand for traditional BPO services, requiring continuous investment in new capabilities.

Currency Fluctuations: Exposure to foreign exchange rate volatility given international client base.

Client Concentration: Over-reliance on a few large clients, making revenue vulnerable to contract loss or reduction.

Data Security & Privacy: Risks associated with handling sensitive client data, necessitating robust cybersecurity measures and compliance.

Geopolitical & Regulatory Changes: Impacts from changes in trade policies, visa regulations, or political instability in client geographies.

7. Management & Ownership

Specific details regarding the promoters, management quality, and ownership structure of United Interactive Ltd. are not available. In the Indian context, promoter holdings are often significant. The quality of management (experience, vision, execution capabilities) and a transparent corporate governance framework are crucial for long-term success in the competitive BPO/ITeS sector. The ownership structure could range from promoter-controlled to institutionally or publicly held, which would influence governance and strategic direction.

8. Outlook

United Interactive Ltd., as a player in the Indian BPO/ITeS sector, operates in an industry with significant growth potential driven by global demand for efficiency, digital transformation, and specialized services. The company's future outlook hinges on its ability to effectively navigate intense competition, adapt to technological shifts (like automation and AI), and continuously enhance its service offerings to deliver higher value. A bull case would suggest sustained growth if it successfully differentiates itself through niche expertise, leverages technology to offer advanced services, expands its client base, and efficiently manages its talent pool. Conversely, a bear case would highlight risks such as margin compression due to commoditization, failure to adapt to new technologies, inability to attract and retain skilled talent, or over-reliance on traditional BPO services which are increasingly threatened by automation. The company's long-term success will depend on its strategic agility and operational excellence in a rapidly evolving global service delivery landscape.

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United Interactive Key Financials

Market Cap ₹13 Cr.

Stock P/E 6

P/B 0.3

Current Price ₹73.3

Book Value ₹ 225.4

Face Value 10

52W High ₹119

Dividend Yield 0%

52W Low ₹ 62

United Interactive Share Price

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Volume
Price

United Interactive Quarterly Price

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United Interactive Peer Comparison

United Interactive Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 1 0 3 0 0 0 2 0 0 0
Other Income 1 1 1 1 2 1 1 1 1 1
Total Income 2 1 3 1 2 1 3 1 1 1
Total Expenditure 1 0 2 0 0 0 2 0 0 1
Operating Profit 0 0 1 0 1 0 1 0 1 0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 1 0 1 0 1 0 1 0
Provision for Tax 0 0 1 0 0 0 0 0 0 0
Profit After Tax 0 0 0 -0 1 0 1 0 1 0
Adjustments -0 -0 -0 -0 -1 -0 -0 -0 -0 -0
Profit After Adjustments 0 0 0 -0 1 0 0 0 0 0
Adjusted Earnings Per Share 0.3 0 0.9 -0.1 3 0.6 2.3 0.7 1.7 0.4

United Interactive Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 29 7 3 2 11 23 1 1 2 4 2 2
Other Income 2 2 3 2 4 3 2 3 3 2 4 4
Total Income 31 9 6 4 14 26 3 4 5 6 7 6
Total Expenditure 23 7 4 2 13 23 2 3 6 4 3 3
Operating Profit 8 2 2 1 2 3 1 2 -1 2 3 2
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 0 0 1 1 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 7 1 2 1 1 3 1 1 -1 1 3 2
Provision for Tax 1 0 0 0 0 1 0 0 1 1 1 0
Profit After Tax 6 1 2 1 1 1 1 1 -1 1 2 2
Adjustments -3 -0 1 -0 -1 -1 -0 -1 1 -0 -1 0
Profit After Adjustments 3 1 3 0 1 1 0 1 -1 0 1 0
Adjusted Earnings Per Share 17 3 14.9 1.5 3.1 3.6 1.1 3.1 -4.3 1.6 5.7 5.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -50% 26% -39% -23%
Operating Profit CAGR 50% 14% 0% -9%
PAT CAGR 100% 26% 15% -10%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -14% 10% 29% 13%
ROE Average 6% 1% 2% 8%
ROCE Average 8% 3% 4% 10%

United Interactive Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 16 16 18 19 21 20 27 30 31 35 37
Minority's Interest 17 17 20 21 23 23 29 32 34 38 40
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 1 1 0 0 0 1 2 2 2 3 3
Total Current Liabilities 2 0 0 0 0 0 0 0 0 0 0
Total Liabilities 36 34 39 41 44 44 59 64 67 77 80
Fixed Assets 7 6 5 5 5 5 4 4 4 4 4
Other Non-Current Assets 16 14 21 23 24 21 45 46 48 50 53
Total Current Assets 13 14 13 13 15 18 10 14 15 23 24
Total Assets 36 34 39 41 44 44 59 64 67 77 80

United Interactive Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 5 5 5 6 17 8 2 2 1
Cash Flow from Operating Activities 3 3 -2 0 -2 10 -2 -11 -5 -10 -2
Cash Flow from Investing Activities -3 2 1 1 3 2 -7 6 4 9 2
Cash Flow from Financing Activities -0 -1 -0 -0 -0 -0 -0 -0 -0 -0 -0
Net Cash Inflow / Outflow -0 4 -0 1 1 11 -10 -5 -1 -1 -0
Closing Cash & Cash Equivalent 1 5 5 5 6 17 8 2 2 1 0

United Interactive Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 16.99 2.96 14.93 1.49 3.06 3.64 1.15 3.11 -4.26 1.63 5.73
CEPS(Rs) 36.13 8.35 12.9 6.1 8.75 11.1 5.82 8.96 -6.6 5.41 13.4
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 86.91 85.84 99.32 106.16 112.7 111.21 147.78 161.36 168.56 193.21 200.72
Core EBITDA Margin(%) 20.81 5.02 -22.84 -29.46 -20.05 2.68 -34.33 -186.11 -155.16 -12.99 -43.11
EBIT Margin(%) 25.15 19.64 57.92 48.1 12.43 11.02 54.27 146.7 -30.71 38.18 130.21
Pre Tax Margin(%) 25.1 19.52 57.92 48.1 12.43 10.85 52.98 146.7 -30.85 38.18 129.78
PAT Margin (%) 20.57 12.78 55.42 35.99 11.49 6.2 36.38 137.53 -61.28 19.38 96.55
Cash Profit Margin (%) 22.53 21.64 73.04 60.96 15.14 8.79 73.1 181.8 -53.88 25.86 106.8
ROA(%) 18.5 2.6 4.96 1.65 2.85 3.26 1.03 2.02 -2.1 1.03 2.83
ROE(%) 41 5.71 10.57 3.5 6.06 7 2.24 4.39 -4.55 2.24 6.15
ROCE(%) 49.36 8.72 11.05 4.68 6.56 12.43 3.34 4.68 -2.28 4.41 8.29
Receivable days 0 65.06 0 0 0 0 13.08 192.84 0 0.38 182.6
Inventory Days 144.05 488.43 840.78 1520.7 287.04 74.9 330.25 652.54 348.4 330.15 478.33
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 0 7.64 1.37 12.51 0 0 12.17 13.75 0 34.46 13.78
Price/Book(x) 0 0.26 0.21 0.18 0 0 0.09 0.26 0.33 0.29 0.39
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.04 -0.13 -0.27 -1.09 -0.39 -0.67 -3.4 -0.45 -0.85 -2.39 -1.89
EV/Core EBITDA(x) 0.13 -0.45 -0.35 -1.5 -2.4 -4.89 -3.74 -0.24 3.66 -5.35 -1.34
Net Sales Growth(%) 4392.61 -75.93 -54.25 -43.37 477.75 118.63 -93.7 -38.07 148.61 70.66 -40.01
EBIT Growth(%) 189.73 -81.2 34.92 -52.97 49.31 93.83 -68.96 67.39 -152.05 312.15 104.59
PAT Growth(%) 211.18 -85.05 98.47 -63.23 84.43 18.08 -63.05 134.12 -210.77 153.97 198.83
EPS Growth(%) 212.28 -82.6 404.77 -90.01 105.07 18.99 -68.48 170.86 -237.01 138.19 252.63
Debt/Equity(x) 0.01 0 0 0 0 0 0 0 0 0 0
Current Ratio(x) 6.21 149.78 129.03 165.56 167.1 51.81 77.41 154.06 143.8 247.48 269.76
Quick Ratio(x) 0.7 71.59 51 70.25 67.34 50.25 60.86 141.47 114.22 207.42 244.12
Interest Cover(x) 503.94 160.34 0 0 0 63.47 41.92 0 -229.7 0 299.09
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

United Interactive Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 69.83 69.83 69.83 69.83 69.83 69.83 69.83 69.83 69.83 69.83
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 30.17 30.17 30.17 30.17 30.17 30.17 30.17 30.17 30.17 30.17
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

United Interactive News

United Interactive Pros & Cons

Pros

  • Stock is trading at 0.3 times its book value
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 1% over the last 3 years.
  • Earnings include an other income of Rs. 4 Cr.
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