Umiya Mobile Limited reported a 67% increase in net profit to ₹919.37 lakh for the year ended March 31, 2026, driven by operational growth and the utilization of initial public offering (IPO) proceeds. Revenue from operations rose 49% to ₹83609.69 lakh from ₹56007.92 lakh in the previous year, while total revenue stood at ₹88441.86 lakh. The company crossed ₹800 crore revenue for the first time and strengthened its retail presence to over 400 stores across Gujarat, Maharashtra, Madhya Pradesh, Diu, and Daman. The Board of Directors approved the standalone audited financial results during a meeting held on May 25, 2026.

Financial Performance

For the full year ended March 31, 2026, the company recorded a profit before tax of ₹1229.32 lakh, compared to ₹742.45 lakh in FY25. Basic earnings per share (EPS) increased to ₹7.09 from ₹5.27 in the previous year. For the half-year ended March 31, 2026 (H2 FY26), revenue from operations was ₹47090.71 lakh, with a profit of ₹540.92 lakh, reflecting a 167% YoY growth in PAT for the half-year period.

Capital Utilization

During the year, the company issued 37,70,000 equity shares with a face value of ₹10 each at an issue price of ₹66 per share. The proceeds, totaling ₹2488.20 lakh, were fully utilized towards funding working capital requirements of ₹2131.15 lakh and issue expenses of ₹357.05 lakh. As of March 31, 2026, the unutilized amount was nil.

Financial Position

The company's total assets stood at ₹16551.93 lakh as of March 31, 2026, up from ₹10569.95 lakh in the previous year. Shareholders' funds improved to ₹4839.41 lakh, comprising a share capital of ₹1422.00 lakh and reserves and surplus of ₹3417.41 lakh. Cash and cash equivalents increased to ₹354.20 lakh from ₹322.20 lakh at the end of the previous year.

The statutory auditors, M/s S A D P & Co., issued an unmodified opinion on the standalone annual audited financial statements.

Umiya Mobile Limited has established a new group named Leela Mobile as part of its strategic business expansion and operational development. The newly formed group will operate under the ownership and management of Umiya Mobile Limited.

New Retail Store Opening

In conjunction with the formation of the new group, the company has opened an exclusive retail store for Leela Mobile. The store is located at Near Ganesh, Timbers, Gondal Road, Manasta Chowk, Rajkot - 360002, Gujarat.

The retail outlet commenced operations on Wednesday, May 20, 2026. This move marks a significant step in the company's retail strategy to expand its market presence.

Strategic Expansion

The establishment of Leela Mobile and the opening of the exclusive retail store are aligned with Umiya Mobile Limited's broader objectives for business growth. The initiative aims to enhance the company's operational capabilities and customer reach.