Universal Starch Chem Allied Ltd has approved significant changes to its board composition, including the re-appointment of two directors and a change in designation for another executive. The moves were disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Smt. Nayankuwar J. Rawal has been re-appointed as a Whole-Time Director for a further period of three years, effective November 20, 2026. The approval includes the terms of her remuneration. With two decades of experience in management and business, Ms. Rawal brings continuity to the company’s operational leadership.

Shri. Vishal Thakkar has been re-appointed as an Independent Director for a second term of five consecutive years. His appointment is subject to shareholder approval at the ensuing Annual General Meeting. Mr. Thakkar holds a Post Graduate Diploma in Management (Finance) from Nirma Institute of Management, Ahmedabad, completed in 2001.

Board Composition Changes

The company also announced a change in designation for Mr. Gopalsingh Rajput. He will assume the role of Whole-Time Director with effect from August 12, 2026, for a period of three consecutive years. Mr. Rajput holds an MSc in Chemistry from Eilm University of Sikkim.

The disclosures were signed by Nikhil Kewal Chand Borana, Company Secretary and Compliance Officer of the company.

Universal Starch Chem Allied Limited reported a significant turnaround in profitability for the first quarter of FY27, posting a standalone net profit of ₹325.46 lakh compared to a net loss of ₹250.6 lakh in the corresponding period of FY26.

The Mumbai-based starch manufacturer saw its revenue from operations expand by 21.4% year-on-year to ₹1,474.6 crore, up from ₹1,214.4 crore in Q1FY26. However, on a sequential basis, revenue contracted by 3.2% from ₹1,523.6 crore reported in the fourth quarter of FY26.

Financial Performance

The company’s pre-tax profit stood at ₹462.2 lakh for the quarter, a marked improvement from the pre-tax loss of ₹247.5 lakh recorded in Q1FY25. Basic earnings per share (EPS) rose to ₹7.75, reversing the diluted EPS loss of ₹5.97 seen in the prior year.

Total comprehensive income for the quarter was marginal at ₹0.31 lakh, down from a negative ₹0.37 lakh in the preceding quarter and significantly lower than the ₹0.89 lakh recorded in Q1FY26.

What the Numbers Show

While the top-line growth of over 21% year-on-year indicates robust demand or pricing power in the starch segment, the bottom-line recovery is disproportionately larger relative to revenue changes. The shift from a pre-tax loss of ₹247.5 lakh to a profit of ₹462.2 lakh suggests a substantial improvement in operating margins or cost efficiencies that outpaced the revenue growth trajectory.