United Textiles Limited closed its trading window for dealing in securities with effect from Thursday, October 1, 2026. This action is taken in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct.

The closure is mandated ahead of the declaration of Unaudited Financial Results for the period ending September 30, 2026 (Q2FY27). The trading window will remain closed until the second trading day following the announcement of these results.

Compliance and Timeline

The company informed BSE Limited about this development in a letter dated September 26, 2026. The notice specifies that the date of the Board meeting to consider the said results will be intimated in due course of time.

This procedural step ensures that insiders do not trade while in possession of unpublished price-sensitive information regarding the company's financial performance for the second quarter of fiscal year 2027.

United Textiles Limited reported a significant deterioration in financial performance for FY26, posting a net loss of ₹234.29 lakh compared to a net profit of ₹2.01 lakh in the previous year.

The Hisar-based textile manufacturer saw its total revenue contract by 58.8% year-on-year to ₹424.03 lakh, driven by prevailing market conditions and operational challenges. The Board of Directors did not recommend any dividend for the financial year ended March 31, 2026, opting instead to conserve resources.

Financial Performance

Revenue from operations fell sharply to ₹418.89 lakh from ₹1,030.10 lakh in FY25. The company incurred a pre-tax loss of ₹315.84 lakh, reversing the pre-tax profit of ₹2.19 lakh recorded in FY25. This shift was primarily due to higher finance costs and reduced operating margins amid lower sales volumes.

What the Numbers Show

A critical divergence exists between revenue decline and cost rigidity. While revenue dropped by nearly 60%, finance costs increased by 11.5% to ₹69.68 lakh. This indicates that interest obligations remained sticky despite the collapse in top-line growth, significantly eroding profitability. Additionally, depreciation expenses stood at ₹100.40 lakh, consuming over 23% of total revenue, highlighting high fixed-cost burdens relative to current sales levels.

Balance Sheet and Liquidity

Total assets decreased to ₹2,052.56 lakh from ₹2,337.85 lakh. Inventories declined by 21.9% to ₹565.60 lakh, suggesting efforts to manage stock levels. However, trade receivables fell sharply to ₹9.10 lakh from ₹34.65 lakh, improving cash conversion cycles despite lower sales.

Borrowings remained elevated, with total borrowings at ₹1,007.35 lakh. Unsecured loans from directors increased significantly to ₹295.59 lakh from ₹169.04 lakh, indicating reliance on promoter funding to bridge liquidity gaps during the downturn.

Corporate Actions

The 33rd Annual General Meeting is scheduled for September 29, 2026. Director Smt. Sonu Aggarwal retires by rotation and offers herself for re-appointment. The company maintains adequate internal controls, with no material weaknesses reported by auditors M/s. N.C. Aggarwal & Co.