Universal Arts Limited reported a consolidated net profit of ₹10.10 lakhs for the financial year ended March 31, 2026, a decrease from ₹14.63 lakhs in the prior year. The board of directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.

The company’s standalone net profit for FY26 stood at ₹10.44 lakhs, down from ₹15.68 lakhs in FY25. Total income for the year declined to ₹36.90 lakhs from ₹50.61 lakhs in the standalone financial statements. On a consolidated basis, total income fell to ₹37.16 lakhs from ₹50.96 lakhs year-on-year.

Financial Performance

The statutory auditors, B. L. Dasharda & Associates, issued an audit report with an unmodified opinion on both the standalone and consolidated financial results. The report confirms that the statements provide a true and fair view in conformity with Indian Accounting Standard 34.

Key Standalone Figures (FY26)

Key Consolidated Figures (FY26)

For the quarter ended March 31, 2026, the company reported a standalone net loss of ₹7.59 lakhs and a consolidated net loss of ₹7.52 lakhs. Revenue from operations was negligible for the quarter at ₹0.17 lakhs on a consolidated basis.

Operational Details

The notes to the accounts state that no provision for current and deferred tax was made due to carry forward losses. The company also noted that the implementation of new Labour Codes is not expected to have a significant impact due to an insignificant number of employees.

The consolidated financial results include the share of total comprehensive loss of ₹0.09 lakhs for the quarter and ₹0.34 lakhs for the year from its subsidiary, Bama Infotech Private Limited.

Vipul Jayraj Kapadia and associates have disclosed a substantial acquisition of shares in universal arts under Regulation 29(1) of the SEBI Takeover Regulations. The disclosure was filed on May 16, 2026, regarding the acquisition of shares via the open market.

The acquirers involved in the transaction include Vipul Jayraj Kapadia, Poonam Vipul Kapadia, Asha Jayraj Kapadia, and Devidas Soonderdas & Co. The disclosure confirms that the acquirers do not belong to the promoter or promoter group of the target company. Universal Arts Ltd is listed on the BSE.

Details of Acquisition

The acquisition involved the purchase of equity shares carrying voting rights. Vipul Jayraj Kapadia acquired 2,08,061 shares, representing 2.09% of the total share capital. Asha Jayraj Kapadia acquired 6,594 shares, representing 0.06% of the total share capital. In total, the group acquired 2,14,655 shares, which accounts for 2.15% of the company's equity.

The following table outlines the specific details of the shares acquired and the resulting holdings:

Post-Acquisition Holdings

Following the acquisition, the total holding of the acquirers and Persons Acting in Concert (PAC) has increased significantly. The combined holding now stands at 14,55,404 shares, which represents 14.60% of the total paid-up equity share capital of the company.

The individual post-acquisition holdings are detailed below:

Company Capital Structure

The equity share capital of Universal Arts Ltd remains unchanged by this transaction. Before and after the acquisition, the total equity share capital stood at ₹9,96,99,000, consisting of 99,69,900 equity shares with a face value of ₹10 each. The total diluted share/voting capital also remains at ₹9,96,99,000.