United Van Der Horst Limited reported a 20% increase in standalone net profit to ₹521.85 lakh for FY26, up from ₹435.75 lakh in the previous year. The company also declared an interim dividend of ₹0.20 per share.

Financial Performance

Revenue from operations grew by 6.3% to ₹3,194.22 lakh in FY26, compared to ₹3,004.19 lakh in FY25. This growth was supported by an increase in both product sales and service revenue. The reconditioning segment contributed significantly to the top line, generating ₹2,028.74 lakh in sales.

Profit before tax expanded by 34.5% to ₹788.92 lakh, outpacing revenue growth due to effective cost management and operational efficiencies. Other income also rose to ₹87.32 lakh from ₹62.08 lakh in the prior year.

Dividend Declaration

The Board of Directors declared an interim dividend of ₹0.20 per equity share during the financial year. This follows a first interim dividend of ₹1.00 per share declared earlier in the year. The total dividend payout for the year amounted to ₹344.75 lakh.

Operational Highlights

The company's business is organized into manufacturing and reconditioning segments. Reconditioning services remained the primary revenue driver, accounting for over 60% of total sales. The management noted continued efforts in technology absorption and operational efficiency to maintain competitive positioning in the hydraulic and pneumatic cylinders market.

Corporate Governance

United Van Der Horst Limited has scheduled its 39th Annual General Meeting (AGM) for September 21, 2026. The meeting will be conducted through video conference or other audio-visual means. Key agenda items include the adoption of financial statements for FY26 and the re-appointment of directors.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE890G01047/25d20891-263c-4b56-828f-9d4a068b133e.pdf

United Van Der Horst Limited reported a significant year-on-year decline in profitability for the quarter ended June 30, 2026, as rising finance costs and other expenses weighed on margins despite stable revenue generation. The company’s standalone net profit fell 45% to ₹112.42 lakhs from ₹204.19 lakhs in Q1FY26, signaling operational headwinds that investors will need to monitor closely. Consolidated net profit also contracted to ₹113.13 lakhs, reflecting similar pressure across the group structure.

The Board of Directors approved the unaudited financial results on August 6, 2026, pursuant to Regulation 33 read with Regulation 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory auditors CKSP And Co LLP issued an unmodified limited review conclusion on both standalone and consolidated statements. In addition to the financial results, the company disclosed a regulatory update regarding a special window for physical share transfers allowed by SEBI.

Financial Performance

Revenue from operations held steady at ₹915.02 lakhs, up marginally from ₹909.31 lakhs in Q1FY26 but significantly higher than ₹593.86 lakhs in Q4FY26. However, total expenses rose to ₹767.95 lakhs from ₹605.52 lakhs year-on-year, primarily driven by an increase in other expenses to ₹218.66 lakhs from ₹151.82 lakhs. Finance costs also climbed to ₹63.56 lakhs from ₹57.38 lakhs.

Segment-wise, job work and reconditioning contributed ₹529.83 lakhs, slightly down from ₹538.84 lakhs, while manufacturing revenue rose to ₹385.19 lakhs from ₹370.47 lakhs. The company noted that meaningful segregation of expenses between segments is not practicable due to shared resources.

Share Transfer Window Disclosure

The filing included a notice regarding SEBI Circular No. SEBI/HO/MIRSD/MIRSD-POD-P/CIR/2025/97 dated July 2, 2025, and SEBI Circular No. SEBI/HO/38/13/11(2) 2026-MIRSD-POD-I/3150/2026 dated January 23, 2026. These circulars allow a special window for investors whose requests for physical shares lodged prior to April 1, 2019, were rejected or returned due to deficiencies in documents or process. This special window for registration of transfer of shares is available from February 5, 2026, to August 4, 2027. Shareholders are requested to submit original transfer documents to the Registrar and Transfer Agent, M/S. MUFG Intime India Private Limited, after rectifying deficiencies. Re-lodged shares will be issued only in dematerialized form.

What the Numbers Show

The divergence between stable revenue and sharply declining profits highlights a margin compression issue. While top-line growth was negligible, the bottom line suffered disproportionately due to elevated other expenses and finance costs. This suggests fixed cost inefficiencies or one-off charges impacting current period performance rather than a demand-side weakness. Additionally, the company continues to monitor ongoing legal proceedings regarding property tax dues with the Panvel Municipal Corporation, where ₹75.84 lakhs were recognized in earlier periods, with half remaining unpaid pending court outcomes.