Uravi Defence and Technology Limited reported a net profit of ₹131.70 lakh for the financial year ended March 31, 2026, a decline from ₹178.58 lakh in the previous year. Revenue from operations for FY26 stood at ₹3,862.05 lakh, compared to ₹4,134.54 lakh in FY25. The Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 26, 2026. The results were published in newspapers on May 30, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

The statutory auditors, Viren Gandhi & Co., issued an unmodified opinion on the standalone financial results. However, the report on the consolidated financial results carries a modified opinion. This modification arises because the company relied on unaudited management accounts for its associate, Spafax International Holding Limited, to determine a share of profit of ₹72.05 lakh, as audited financial statements were not available.

Operational and Strategic Updates

During the year, the company completed the sale of its 50.01% shareholding in SKL India (Private) Limited, which ceased to be a subsidiary effective March 18, 2026. The advance of ₹1,125.20 lakh received earlier was adjusted against the sale consideration. Additionally, the company's investment in Spafax International Holding Limited crossed the 20% threshold on February 23, 2026, classifying it as an associate accounted for under the equity method.

Financial Performance

Total income for the year decreased to ₹4,049.20 lakh from ₹4,223.97 lakh in the prior year. Total expenses also reduced to ₹3,870.76 lakh from ₹3,967.82 lakh. For the quarter ended March 31, 2026, the company posted a net profit of ₹21.72 lakh on a total income of ₹1,068.03 lakh.

The trading window, closed since April 1, 2026, will reopen 48 hours after the declaration of these results. Kaushik Damji Gada, Whole-time Director & CFO, signed the regulatory filing.

Uravi Defence and Technology Limited has informed the stock exchanges that its promoters have not created any fresh encumbrances on shares during the financial year ended March 31, 2026. The disclosure was submitted by Kaushik Damji Gada, a promoter of the company, on behalf of all promoters, the promoter group, and persons acting in concert. The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The company stated that aside from encumbrances already disclosed during the financial year 2025-26, no additional charges have been created directly or indirectly on the shares of the company. The declaration aims to provide transparency regarding the holding status of the company's key stakeholders.

Shareholding Details

The filing included a comprehensive list of 33 promoters and persons acting in concert, along with their respective shareholding numbers. The total number of shares held by this group amounts to 6,178,160. The data provides a breakdown of individual holdings and the specific number of shares that are currently encumbered.

Encumbrance Status

According to the annexure, the majority of the promoters and persons acting in concert hold their shares without any encumbrance. However, Priyanka Aggarwal has reported 444,400 shares as encumbered out of her total holding of 444,420 shares. The total encumbered shares across the entire promoter group stand at 444,400. The remaining entities listed in the disclosure have nil encumbrances against their names.