Umiya Mobile reported a 67% year-on-year increase in net profit for FY26, reaching ₹919.37 crore. The multi-brand electronics retailer also saw its revenue from operations climb 49% to ₹8,360.97 crore, reflecting robust demand across its retail network.

The board approved the audited standalone financial statements on September 2, 2026, and scheduled the 14th annual general meeting for September 26, 2026. The meeting will address the adoption of financial results, the re-appointment of Mr. Girishkumar Premjibhai Jadvani as whole-time director, and the appointment of M/s HAY & Associates LLP as statutory auditors.

Financial Performance

Umiya Mobile’s financial results for the fiscal year ended March 31, 2026, highlight significant growth in both top-line and bottom-line metrics compared to the previous year.

Revenue from operations rose to ₹8,360.97 crore from ₹5,600.79 crore in FY25. Other income contributed ₹483.22 crore, up from ₹411.96 crore in the prior year. Total expenses increased to ₹8,721.25 crore from ₹5,938.51 crore, primarily due to higher purchases of stock-in-trade, which stood at ₹8,641.14 crore against ₹5,894.22 crore in FY25.

What the Numbers Show

The company’s net profit margin expanded significantly, driven by operational scale. While total expenses grew by approximately 47%, net profit surged by nearly 67%, indicating improved operating leverage. Additionally, the debt-to-equity ratio improved substantially, falling from 3.77 in FY25 to 1.20 in FY26, as short-term borrowings decreased sharply from ₹233.59 crore to ₹63.31 crore.

Annual General Meeting Details

The AGM will be conducted via video conferencing or other audio-visual means at 5:00 pm on September 26, 2026. Shareholders holding shares as of September 18, 2026, are eligible to vote. The e-voting window opens on September 23, 2026, at 9:00 am and closes on September 25, 2026, at 5:00 pm. M/s K.P. Ghelani & Associates has been appointed as the scrutinizer for the voting process.

The register of members and share transfer books will remain closed from September 19, 2026, to September 25, 2026, inclusive of both dates.

Director Re-Appointment and Auditor Appointment

Mr. Girishkumar Premjibhai Jadvani, who holds 30,32,400 shares as of June 30, 2026, is up for re-appointment as whole-time director. He brings over 13 years of experience in trading electronic goods and accessories to the role.

The board recommended the appointment of M/s HAY & Associates LLP, Chartered Accountants, as statutory auditors for a term of five consecutive years, from the conclusion of the 14th AGM till the conclusion of the 19th AGM.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE1P1A01018/c8f24b2a-5403-4cc2-8ac8-486a72ea8c8b.pdf

Umiya Mobile Limited expanded its direct retail network by opening four new stores in Gujarat and Madhya Pradesh on August 3, 2026. The company disclosed the openings to the Bombay Stock Exchange on August 4, 2026, under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This expansion reinforces Umiya Mobile’s strategy to deepen market penetration in tier-2 and tier-3 cities across central and western India.

The new outlets were inaugurated simultaneously on August 3, 2026, covering one location in Gujarat and three in Madhya Pradesh. The geographic spread includes Vav-Tharad in Gujarat, and Morena, Nagda, and Mandla in Madhya Pradesh. These additions aim to enhance brand visibility and customer access in regions with growing mobile retail demand. Kishorbhai Premjibhai Jadwani, Director of Umiya Mobile Limited, signed the intimation filed with the BSE.

New Store Openings: August 2026

The following table outlines the newly opened retail stores, their locations, and opening dates:

Recent Expansion Activity

This update follows a series of store openings in July 2026, where Umiya Mobile launched six additional outlets across Gujarat, Madhya Pradesh, and Maharashtra. The July expansions included stores in Ahmedabad, Bhopal, Jhabua, Chandrapur, Gwalior, and Wardha. The consistent rollout of new physical locations indicates coordinated operational readiness and management’s confidence in sustained regional demand.

Strategic Implications

The geographic spread of these new stores highlights a focused effort to capture market share in central and western India. By establishing a physical presence in cities like Mandla and Nagda, alongside larger urban centers such as Morena, Umiya Mobile is targeting diverse consumer segments. This balanced approach allows the company to leverage both high-volume urban traffic and underserved rural markets.

The simultaneous opening of multiple stores within a short timeframe suggests that the company has likely completed site selection, leasing, and staffing processes well in advance. For investors, this expansion serves as a tangible indicator of the company’s growth trajectory. As Umiya Mobile continues to roll out new stores, the impact on regional sales volumes and overall revenue will be key metrics to monitor in upcoming financial disclosures.