Uniparts India FY26 net profit rises 81% to ₹1,502 crore

2 min read     Updated on 26 Jun 2026, 03:16 AM
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Uniparts India Limited reported an 81% rise in FY26 net profit to ₹1,502.26 million, with revenue from operations growing to ₹7,172.15 million. Q4FY26 standalone net profit stood at ₹413.29 million. The company recognized an exceptional item of ₹28.05 million due to new Labour Codes and disclosed a fire incident at its Ludhiana plant.

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Uniparts India Limited reported a net profit of ₹1,502.26 million for the financial year ended March 31, 2026, marking an 81% increase from ₹829.25 million in the previous year. Revenue from operations for FY26 stood at ₹7,172.15 million, compared to ₹5,738.17 million in FY25, driven by higher sales in its core business of manufacturing linkage parts and components for off-highway vehicles. The company’s board approved the audited standalone and consolidated financial results at its meeting held on May 25, 2026.

For the quarter ended March 31, 2026 (Q4FY26), the standalone net profit was ₹413.29 million, while revenue from operations reached ₹1,956.25 million. Total income for the quarter was ₹2,215.40 million. The company recognized an exceptional item of ₹28.05 million during the year, attributed to the reassessment of employee benefit obligations following the implementation of new Labour Codes effective November 21, 2025.

The consolidated financial results for FY26 showed a net profit of ₹1,583.16 million on total revenue of ₹11,880.08 million. In Q4FY26, the consolidated net profit stood at ₹511.45 million with revenue of ₹3,394.34 million. The statutory auditors, S. C. Varma and Co., issued an unmodified opinion on both the standalone and consolidated results.

Standalone Financial Performance

The company’s operating metrics improved significantly during the year. The net profit margin for FY26 increased to 20.95% from 14.45% in the previous year. Basic earnings per share (EPS) for FY26 rose to ₹33.28 from ₹18.37 in FY25. For Q4FY26, basic EPS was reported at ₹16.92.

Particular Year Ended 31-03-2026 (₹ in Millions) Year Ended 31-03-2025 (₹ in Millions)
Revenue from operations 7,172.15 5,738.17
Total Income 8,205.18 6,449.94
Total Expenses 6,443.75 5,502.85
Net Profit for the period 1,502.26 829.25

Operational Highlights and Disclosures

A fire incident at the company’s Ludhiana plant on December 27, 2025, resulted in damage to building, plant, equipment, and inventory. The company stated that the assets are adequately covered under an existing insurance policy, and a claim process has been initiated. An ad-hoc amount of ₹30 million was received and adjusted against the insurance claim receivable during the financial year.

The balance sheet size expanded, with total assets increasing to ₹7,982.20 million as of March 31, 2026, from ₹7,551.84 million a year earlier. Equity share capital remained stable at ₹451.43 million. The company maintained a strong liquidity position with cash and cash equivalents rising to ₹204.99 million from ₹116.84 million in the previous year.

Historical Stock Returns for Uniparts

1 Day5 Days1 Month6 Months1 Year5 Years
+3.60%+7.36%+10.10%+62.28%+74.30%+30.63%

How will the implementation of the new Labour Codes impact Uniparts' long-term operational costs and employee benefit structures?

What is the expected timeline for the full settlement of the insurance claim regarding the Ludhiana plant fire, and will production capacity be affected during repairs?

Can the 81% surge in net profit be sustained in the coming fiscal year given the current demand for off-highway vehicle components?

Uniparts India grants 1.37 lakh stock options under ESOS 2023

1 min read     Updated on 20 Jun 2026, 12:28 AM
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Uniparts India Limited's Nomination and Remuneration Committee granted 1,37,944 stock options under ESOS 2023, split into two tranches of 97,257 and 40,687 options with exercise prices of ₹490 and ₹652.90 per share respectively. The options, convertible into equity shares of ₹10 face value, have a vesting period of 1–3 years and comply with SEBI (SBEB) Regulations, 2021.

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Uniparts India Limited's Nomination and Remuneration Committee (NRC) has granted 1,37,944 stock options to eligible employees under the Uniparts India Limited – Employee Stock Option Scheme 2023 (ESOS 2023). The grant, approved during a meeting on June 19, 2026, aims to incentivize employees through equity participation. The options are convertible into equity shares with a face value of ₹10 each.

The NRC allocated the options in two distinct tranches with varying exercise prices determined by the committee. The first tranche consists of 97,257 options priced at ₹490 per share, while the second tranche comprises 40,687 options priced at ₹652.90 per share. The scheme complies with SEBI (SBEB) Regulations, 2021, and the disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The vesting period for the granted options ranges from a minimum of one year to a maximum of three years from the date of each vesting. Once vested, employees can exercise the options within a maximum period of three years from the vesting date. No options have been vested or exercised as of the grant date.

The following table summarizes the key details of the options granted:

Parameter Tranche 1 Tranche 2
Options Granted 97,257 40,687
Exercise Price ₹490 per share ₹652.90 per share
Vesting Period 1–3 years 1–3 years
Exercise Period Max 3 years from vesting Max 3 years from vesting

The disclosure references SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The intimation was signed by Jatin Mahajan, Head Legal, Company Secretary and Compliance Officer, and is available on the company's website.

Historical Stock Returns for Uniparts

1 Day5 Days1 Month6 Months1 Year5 Years
+3.60%+7.36%+10.10%+62.28%+74.30%+30.63%

What is the expected impact of this stock option grant on Uniparts India's employee retention rates over the next three years?

How might the dilution of equity shares affect existing shareholders' value once these options are exercised?

What criteria did the Nomination and Remuneration Committee use to determine the varying exercise prices for the two tranches?

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