United Van Der Horst Ltd has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, along with the declaration of an interim dividend for shareholders. The Board of Directors approved these results in their meeting held on February 6, 2026.

Financial Performance Overview

The company's financial performance for the third quarter shows mixed results compared to the previous year. Net profit for Q3FY26 declined to ₹82.45 lakhs from ₹133.86 lakhs in Q3FY25. However, the nine-month performance demonstrates growth with net profit increasing to ₹486.07 lakhs compared to ₹337.35 lakhs in the corresponding period of the previous year.

Revenue and Operational Metrics

Revenue from operations for Q3FY26 reached ₹826.47 lakhs, representing growth from ₹753.51 lakhs in Q3FY25. The nine-month revenue performance shows significant improvement at ₹2,600.36 lakhs compared to ₹2,118.77 lakhs in the previous year. Other income for the quarter stood at ₹34.63 lakhs, contributing to total income of ₹861.10 lakhs.

Segment Performance Analysis

The company operates in two primary segments: Manufacturing and Job work & Reconditioning. For Q3FY26, the Manufacturing segment generated revenue of ₹356.62 lakhs, while Job work & Reconditioning contributed ₹469.85 lakhs. For the nine-month period, Manufacturing segment revenue totaled ₹1,054.35 lakhs and Job work & Reconditioning reached ₹1,546.01 lakhs.

Dividend Declaration and Corporate Actions

The Board of Directors approved and declared an interim dividend of ₹0.20 per equity share for the financial year 2025-26. This represents the second interim dividend for the current financial year. The dividend will be paid to equity shareholders whose names appear in the Register of Members or records of Depositories as on the record date of February 13, 2026.

Key Regulatory and Operational Updates

The company has implemented changes arising from the New Labour Codes notified by the Government of India on November 21, 2025. These codes consolidate twenty-nine existing central labour laws into a unified framework. The implementation resulted in an additional impact of ₹5.28 lakhs under Employee Benefit Expenses for the quarter and nine months ended December 31, 2025.

The company completed an equity share subdivision during the period, where each fully and partly paid-up equity share with face value of ₹5 was subdivided into 5 shares with face value of ₹1 each. This subdivision became effective from January 22, 2026, increasing the total number of paid-up equity shares from 1,37,90,000 to 6,89,50,000. The earnings per share figures have been restated for all comparative periods to reflect this change.

United Van Der Horst Limited will see its shares trade ex-split on January 22, 2026, following the company's announcement of a 1:5 stock split. January 21 marked the last trading day for investors to purchase shares and remain eligible for the stock split benefits.

Stock Split Details

The company has approved the stock split to improve market liquidity. The key parameters of the split are outlined below:

Shareholders whose names appear in the company's records as of the record date will be entitled to receive the additional shares resulting from the split. From January 22 onward, the shares will trade without the benefit of the split.

Recent Share Price Performance

Despite a decline on the last eligible trading day, United Van Der Horst Limited has demonstrated strong momentum in recent periods:

The stock's recent performance reflects significant investor interest, with substantial gains recorded over both short and medium-term periods.

Company Profile

United Van Der Horst Limited operates as an Indian engineering and equipment services company with specialized capabilities in reconditioning, reverse engineering, and manufacturing of heavy machinery components. Established in 1989 through a collaboration between India's UB Group and Netherlands-based Dr. Van Der Horst B.V., the company currently functions under the Max Spare Group.

Headquartered in Navi Mumbai, Maharashtra, the company serves a diverse client base including major industrial players such as Tata Group, Reliance Industries, ONGC, and JSW. The company's operations span multiple sectors:

• Marine industry
• Oil & gas sector
• Power plants
• Petrochemicals
• Mining operations

United Van Der Horst Limited has developed specialized technical capabilities including patented Porous Krome plating technology, advanced welding techniques, hydraulic cylinder manufacturing, in situ machining, and comprehensive spare parts supply services. The company's operations have received approval from recognized global certification bodies including Lloyd's and DNV, underscoring its technical standards and quality assurance processes.