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United Credit Ltd. (India)

Main Activities: Credit Intermediation and Related Activities | Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Full name: United Credit Ltd. Profile Updated: October 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

United Credit Limited (UCL) is a company located in Kolkata. It was originally known as United India Credit and Development Company Limited (UCDCL) and later changed its name to United Credit Limited on January 1, 1981. The company is the successor to the former United Bank of India Limited (UBIL). After the nationalization of the banking sector, UBIL's assets and liabilities were transferred to UCDCL through a scheme of amalgamation approved by the Hon'ble High Court at Calcutta. The company's operations are primarily divided into lease, hire purchase, consumer financing, investment, and capital market operations. The overall management of the company is overseen by the Board of Directors, with Mr. Ashok Kumar Dabriwala serving as the Managing Director and Chairman of the Board.

Legal Address
27B, Camac Street,, (8th Floor),
Kolkata; West Bengal; Postal Code: 700016

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Website: http://www.unitedcreditltd.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1970
Key Executives
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Chairman & Managing Director
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Director
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Director
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Director
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Director
Ownership Details
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57.31%
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22.93%
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19.23%
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0.53%
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0.01%
Subsidiaries
United Nanotechnologies Pvt.Ltd.
100%
United Nanotechnologies Pvt.Ltd.
100%
United Credit & Development Co.Ltd.
97%
Company Performance
Financial values in the chart are available after United Credit Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
17.44%
Total operating revenue
16.26%
Operating profit (EBIT)
66%
EBITDA
63.65%
Net Profit (Loss) for the Period
126.46%
Total assets
4.07%
Total equity
5.98%
Operating Profit Margin (ROS)
12.48%
Net Profit Margin
23.22%
Return on Equity (ROE)
3.01%
Debt to Equity Ratio
-2.26%
Quick Ratio
5.24%
Cash Ratio
0.65%

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