Uniroyal Marine Exports Reports Q2 FY2026 Results; Shareholders Approve Land Sale

Uniroyal Marine Exports Limited has announced its unaudited financial results for the quarter and six months ended September 30, 2025. The company, which primarily operates in processing and exporting marine products, reported a mixed financial performance for the period.

Financial Highlights

Particulars (₹ in lakhs)	Q2 FY2026	Q2 FY2025	H1 FY2026	H1 FY2025
Revenue from Operations	456.38	537.25	944.48	851.57
Total Revenue	490.72	658.15	1,013.78	1,062.40
Total Expenses	475.57	686.72	991.78	1,160.03
Profit/(Loss) before Tax	15.15	(28.57)	22.01	(97.63)
Net Profit/(Loss)	15.15	(28.57)	22.01	(97.63)
Basic EPS (₹)	0.23	(0.44)	0.34	(1.51)

Key Observations

Revenue Performance: The company's revenue from operations for Q2 FY2026 stood at ₹456.38 lakhs, showing a decrease compared to ₹537.25 lakhs in the same quarter of the previous year. However, the half-yearly revenue increased to ₹944.48 lakhs from ₹851.57 lakhs in the corresponding period of the previous year.
Profitability: Uniroyal Marine Exports reported a profit before tax of ₹15.15 lakhs in Q2 FY2026, a significant improvement from a loss of ₹28.57 lakhs in Q2 FY2025. The half-yearly profit before tax also turned positive at ₹22.01 lakhs, compared to a loss of ₹97.63 lakhs in H1 FY2025.
Earnings Per Share: The basic earnings per share for Q2 FY2026 was ₹0.23, up from a loss per share of ₹0.44 in the same quarter of the previous year.

Land Sale Approval

In a significant development, the company's shareholders have approved the sale of 180 cents of land with a building in an open bid process. The approval was granted during an Extraordinary General Meeting held on July 31, 2025. The land, situated at Sy. No. 11/19 Chamancheri Vengalam, Calicut - 673 303, will be sold with the condition that the successful bidder must lease the building back to the company.

This strategic move may have implications for the company's future operations and financial position. The outcome of this transaction will be known once the bidding process is completed.

Management Commentary

Anush K Thomas, Managing Director of Uniroyal Marine Exports Limited, stated in the financial results document, "The company's performance shows signs of improvement with a return to profitability in the current quarter and half-year. We are cautiously optimistic about our future prospects and continue to focus on operational efficiency."

Auditor's Review

BS & Associates, the company's statutory auditors, conducted a limited review of the financial results. They reported that nothing has come to their attention that causes them to believe that the financial statements are not prepared in accordance with applicable accounting standards and SEBI regulations.

Investors and stakeholders should note that the company's ability to continue as a going concern is based on the outcome of the land sale and subsequent lease arrangement. The management and auditors are closely monitoring this situation.

As Uniroyal Marine Exports navigates through these strategic changes and market conditions, stakeholders will be watching closely for the impact on the company's future financial performance and operational stability.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.00%	-5.42%	-12.15%	-9.27%	-33.32%	-12.21%

Uniroyal Marine Exports Limited , a company listed on the Bombay Stock Exchange (BSE: 526113), has announced significant changes to its Board of Directors. The company's Board meeting on October 27, 2025, resulted in new appointments and a resignation, signaling a shift in its leadership structure.

Key Board Changes

Position	Name	Change	Effective Date	Term
Non-Executive Independent Director	Mr. Ganesh Mohan	Appointment	October 31, 2025	5 years (till October 30, 2030)
Non-Executive Independent Director & Chairman	Mr. Sachu Rajan Eapen	Re-appointment	October 31, 2025	5 years (till October 30, 2030)
Non-Executive Independent Director	Mr. Ambrish Naresh Sampat	Resignation	October 31, 2025	N/A

New Appointment: Mr. Ganesh Mohan

Mr. Ganesh Mohan brings valuable expertise to the Board, particularly in:

Managing key investor relationships
Developing strategic partnerships
Distribution of multi-brand products

His appointment is subject to shareholder approval, which will be sought through a postal ballot process.

Re-appointment: Mr. Sachu Rajan Eapen

Mr. Eapen, the current Chairman, has been re-appointed for a second term. His profile includes:

Dynamic and result-oriented leadership style
Extensive exposure to various facets of business operations
Strong academic credentials and practical experience
Expertise in Financial Management, Portfolio Management, and Blue Metal Quarry Operations

Resignation: Mr. Ambrish Naresh Sampat

Mr. Sampat has stepped down from his role as Non-Executive Independent Director due to personal reasons. His resignation will be effective from the close of business hours on October 31, 2025.

Implications for Shareholders

These board changes may potentially influence the company's strategic direction and governance. Shareholders will have the opportunity to vote on the new appointments through the upcoming postal ballot, allowing them to have a say in the company's leadership composition.

Uniroyal Marine Exports Limited has assured that none of the appointed or re-appointed directors are debarred from holding office by any SEBI order or other appropriate authority, maintaining compliance with regulatory requirements.

As the company moves forward with these changes, investors and stakeholders will likely be watching closely to see how the new board composition might impact the company's future strategies and performance in the marine exports sector.