UAUni Abex Alloy Products504605Quarterly results

Board approves unaudited Q2 and H1 FY27 results; auditors complete limited review

Board approved unaudited results for Q2 and half year ended 30 Sep 2026.

By ScoutQuest · Wed 4 Nov 2026, 6:56 PM IST · 2 min read

Revenue from operations (H1 FY27)

Rs. 8,238.33 lakhs

Revenue from operations (Q2 FY27)

Rs. 4,135.08 lakhs

Segment

Alloy and Steel Castings

The board of Uni Abex Alloy Products met on 4 November 2026 and approved the company's unaudited financial results for the quarter and half year ended 30 September 2026.

What was approved

• Unaudited financial results for the second quarter and the half year of FY 2026-27, for the period ended 30 September 2026.
• The statement was reviewed and recommended by the Audit Committee and then approved by the board at their respective meetings on 4 November 2026.
• Revenue from operations for the half year was Rs. 8,238.33 lakhs; the September quarter alone contributed Rs. 4,135.08 lakhs.

What the auditor said

• Walker Chandiok & Co LLP conducted a limited review, which is narrower in scope than a full audit.
• Its conclusion: nothing has come to its attention that causes it to believe the statement has not disclosed what it must, or that it contains any material misstatement.

Dividend already paid

• Shareholders at the Annual General Meeting on 9 September 2026 approved a final dividend of Rs. 40 per share (100% of the face value of Rs. 10 each) for FY 2025-26, and a special dividend of Rs. 60 per share (600% of the face value of Rs. 10 each) on account of the Thane land sale.
• Both were recommended by the board at its meeting on 27 May 2026; the final dividend was paid on 21 September 2026.
• The cash flow statement shows dividend paid on equity shares of Rs. 1,975.00 lakhs during the half year.

Thane land sale (previous financial year)

• The company had sold an investment property at Thane, Maharashtra, for a total consideration of Rs. 28,019.42 lakhs.
• After selling expenses of Rs. 653.65 lakhs and the carrying value of the property of Rs. 12.72 lakhs, an exceptional gain of Rs. 27,353.05 lakhs was recognised in the year ended 31 March 2026.
• This item sits in the previous year, not in the current quarter's operations. It was treated as an exceptional item and shown separately.

Structure

• The company reports a single operating segment, "Alloy and Steel Castings".
• It has no subsidiary, associate or joint venture, so consolidated results are not presented.

What to keep in mind

• These are unaudited numbers for a six-month period, reviewed rather than fully audited, and are not a full-year picture.
• The very large prior-year gain came from a land sale, so year-on-year profit comparisons can be distorted by that one-time item.
• The special dividend also flowed from that land sale, so it is a one-off payout and not necessarily a recurring one.
• The auditor's conclusion does not point to any misstatement being flagged.

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