Umiya Tubes Limited , a manufacturer and trader of tungsten carbide and powder, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company's performance shows signs of improvement compared to the previous quarter, despite continuing to operate at a loss.

Financial Highlights

• Quarterly Performance: Umiya Tubes reported a net loss of ₹3.67 lakhs for Q2 FY2026, a significant improvement from the ₹49.03 lakhs loss in the previous quarter.
• Revenue: The company's revenue from operations stood at ₹19.80 lakhs for the quarter.
• Half-Year Results: For the first half of FY2026, Umiya Tubes recorded a net loss of ₹32.70 lakhs, with revenue matching the quarterly figure at ₹19.80 lakhs.
• Asset Growth: Total assets increased to ₹1,750.72 lakhs as of September 30, 2025, up from ₹1,559.84 lakhs in March 2025, indicating a 12.2% growth over the six-month period.

Financial Performance Table

*As of March 31, 2025

Analysis

The financial results suggest that Umiya Tubes Limited has made strides in reducing its losses compared to the previous quarter. The significant decrease in net loss from ₹49.03 lakhs to ₹3.67 lakhs indicates improved operational efficiency or cost management strategies implemented by the company.

The revenue figure of ₹19.80 lakhs for both the quarter and half-year period suggests that the company's operations were primarily concentrated in the second quarter of FY2026. This could be due to various factors such as seasonal demand, production cycles, or strategic business decisions.

The growth in total assets by 12.2% over six months might indicate investments in infrastructure, inventory, or other business-related assets, which could potentially support future operations.

It's important to note that while the company has shown improvement in its quarterly performance, it continues to operate at a loss. The management's strategies to achieve profitability and sustain growth will be crucial for investors to monitor in the coming quarters.

The Board of Directors approved these results in a meeting held on November 10, 2025, demonstrating the company's commitment to timely financial reporting and transparency with its stakeholders.

Umiya Tubes witnessed a significant change in its shareholding pattern as promoter Bharatkumar P Patel completely divested his stake in the company. According to a regulatory filing, Patel sold his entire holding of 452,543 shares, representing 4.52% of the company's total voting rights, through open market transactions on September 4, 2025.

Stake Sale Details

The sale, executed on the Bombay Stock Exchange (BSE), marks Patel's complete exit from the company's promoter group. Following the transaction, his shareholding in Umiya Tubes has reduced to zero.

Company's Capital Structure

Despite this significant promoter stake sale, Umiya Tubes' total equity share capital remains unchanged at 10,006,667 shares with a face value of Rs. 10.00 each. This indicates that the sale has not affected the company's overall capital structure.

Regulatory Compliance

The transaction was reported in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, made on the same day as the transaction, ensures transparency in the company's ownership changes.

Impact on Shareholding Pattern

The stake sale is likely to result in a reshuffle of the company's shareholding pattern. While the promoter holding has decreased, it may lead to an increase in public shareholding or potentially allow entry for new investors.

Umiya Tubes, listed on the BSE, will likely see increased scrutiny from investors and market analysts following this significant change in its promoter holding. The company's future performance and any potential changes in management strategy will be areas of interest for stakeholders in the coming months.