Universal Autofoundry Limited (UAL), a manufacturer of Graded Grey Iron and S.G. (Ductile) Iron Components, has taken a significant step towards expanding its operational capabilities. In its recent board meeting, the company approved a proposal to enter into a Memorandum of Understanding (MOU) with Kranti Industries Limited, focusing on machine shop operations.

Key Highlights of the Board Meeting

• Date and Time: October 18, 2025, from 12:30 PM to 13:51 PM
• Meeting Mode: Hybrid (at the company's registered office and virtually)
• Key Decision: Approval of MOU with Kranti Industries Limited

Details of the Collaboration

The approved MOU encompasses two primary aspects:

1. Leasing of UAL's machine shop facilities to Kranti Industries Limited
2. Collaboration on machining operations between the two companies

This strategic move is expected to optimize Universal Autofoundry's asset utilization and potentially enhance its operational efficiency in the machining segment.

Company Background

Universal Autofoundry Limited specializes in the manufacture of:

• Graded Grey Iron Components
• S.G. (Ductile) Iron Components

The company's production facilities are spread across three units:

• Unit-1: B-307, Road No. 16, V.K.I. Area, Jaipur, Rajasthan
• Unit-2: B-51, SKS Industrial Area, Reengus, Sikar, Rajasthan
• Unit-3: A2-4, A18-20, Udhyog Vihar, Sargoth, Reengus, Sri Madhopur, Rajasthan

Corporate Information

This collaboration marks a noteworthy development for Universal Autofoundry Limited, potentially impacting its operational strategy and resource utilization. Investors and stakeholders will likely be keen to observe how this partnership unfolds and its implications for the company's future performance in the automotive components sector.

Universal Autofoundry Limited , a manufacturer of graded grey iron and ductile iron components, has released its financial results for the first quarter. The company's performance shows a decline in both revenue and profitability compared to the previous quarter.

Financial Highlights

• Revenue from operations stood at ₹4,662.74 lakhs, down from ₹5,150.70 lakhs in the previous quarter.
• Net profit decreased to ₹68.37 lakhs from ₹241.08 lakhs in the prior quarter.
• Basic earnings per share (EPS) for the quarter was ₹0.55.
• Total assets increased to ₹14,948.07 lakhs from ₹14,110.60 lakhs.

Quarterly Performance Analysis

Universal Autofoundry's financial results reflect a challenging quarter for the company. The revenue from operations saw a decline of 9.47% compared to the previous quarter. This decrease in revenue was accompanied by a more significant drop in net profit, which fell by 71.64%.

Balance Sheet Overview

Despite the decline in quarterly performance, the company's balance sheet shows some positive movement:

• Total assets increased by 5.93% to ₹14,948.07 lakhs.
• The company's inventory levels rose to ₹2,482.65 lakhs from ₹2,352.92 lakhs.
• Trade receivables saw a substantial increase to ₹3,785.00 lakhs from ₹2,039.92 lakhs.

Management Commentary

The Board of Directors approved these unaudited standalone financial results in their meeting held on August 6. The company continues to operate in a single business segment of manufacturing and sale of CI castings.

Corporate Governance Updates

In addition to the financial results, Universal Autofoundry made several key announcements:

1. Appointment of Mrs. Jayanti Jha Roda as Company Secretary and Compliance Officer.
2. Re-appointment of Mr. Vimal Chand Jain as Chairman and Managing Director for a five-year term, subject to shareholder approval.
3. The company's 16th Annual General Meeting (AGM) is scheduled for September 19, to be held through video conferencing.

Outlook

While the company faced headwinds in the first quarter, the increase in total assets and trade receivables might indicate potential for future growth. However, the significant decline in profitability will likely be an area of focus for management in the coming quarters.

Investors and stakeholders will be watching closely to see how Universal Autofoundry navigates the challenges and capitalizes on opportunities in the foundry sector for the remainder of the fiscal year.