Uni Abex Alloy Products Completes Rs 257.88 Crore Land Sale Transaction in Thane

1 min read     Updated on 21 Feb 2026, 10:48 PM
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Overview

Uni Abex Alloy Products Limited has completed the sale of its Thane land, receiving total proceeds of Rs. 257.88 crore from R SVM Hospitality Private Limited through a conveyance deed execution. The transaction includes Rs. 48.85 crore advance received in October 2025 and an additional Rs. 13.65 crore for extra area coverage of 2,008 sq mtrs. Post-sale, the company retains only 2,520 sq mtrs of the original Thane land parcel.

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*this image is generated using AI for illustrative purposes only.

Uni Abex Alloy Products Limited has successfully completed a significant land sale transaction in Thane, receiving the entire sale proceeds of Rs. 257.88 crore from the buyer R SVM Hospitality Private Limited. The company announced this development through a regulatory filing dated 21st February, 2026, updating stakeholders on the completion of the asset disposal process.

Transaction Details and Financial Components

The land sale transaction was formalized through the execution of a conveyance deed between the company and R SVM Hospitality Private Limited. The total consideration structure reflects multiple payment phases and additional area considerations.

Component Amount (Rs. Crore) Details
Total Sale Proceeds 257.88 Complete transaction value
Advance Payment 48.85 Received in October 2025
Additional Amount 13.65 For extra 2,008 sq mtrs area

The additional amount of Rs. 13.65 crore was specifically allocated towards an extra area of 2,008 square meters that was over and above the area originally mentioned in the Agreement for Sale signed in October 2025.

Land Holdings Post-Transaction

Following the completion of this substantial land sale, Uni Abex Alloy Products Limited's land holdings in Thane have been significantly reduced. The company now retains only a marginal area of 2,520 square meters of the original Thane land parcel.

Regulatory Compliance and Timeline

The company has maintained transparency throughout the transaction process, referencing earlier correspondence dated 3rd October, 2025 and 31st January, 2026. The latest update was filed under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, ensuring compliance with mandatory disclosure requirements for material events.

Corporate Communication

The regulatory filing was signed by Bhautesh Shah, Company Secretary & Compliance Officer, and has been made available on the company's official website at www.uniabex.com for stakeholder access and transparency.

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Uni Abex Alloy Products Reports Q3 FY26 Results with Net Loss of ₹276.77 Crores

2 min read     Updated on 14 Feb 2026, 10:05 PM
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Reviewed by
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Overview

Uni Abex Alloy Products Limited reported a net loss of ₹276.22 crores for Q3 FY26, significantly higher than the ₹141.64 crores loss in Q3 FY25. The nine-month net loss stood at ₹316.35 crores compared to ₹279.17 crores in the previous year. The company approved the sale of land in Thane for ₹244.23 lakhs and has been impacted by new Labour Code regulations. The results were approved by the Board on February 13, 2026.

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*this image is generated using AI for illustrative purposes only.

Uni Abex Alloy Products Limited has released its unaudited financial results for the quarter and nine months ended December 31, 2025, showing continued losses amid challenging market conditions. The company operates in the alloy and steel castings segment and has been navigating operational difficulties during the reporting period.

Financial Performance Overview

The company's financial performance for Q3 FY26 reflected significant challenges with widening losses compared to the previous year. The quarterly results showed deterioration across key financial metrics, indicating ongoing operational pressures.

Metric Q3 FY26 Q3 FY25 Change
Total Income from Operations - - -
Net Loss Before Tax ₹276.77 crores ₹113.87 crores Higher loss
Net Loss After Tax ₹276.22 crores ₹141.64 crores Higher loss
Total Comprehensive Income ₹277.85 crores loss ₹141.64 crores loss Higher loss

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company reported a net loss of ₹316.35 crores compared to ₹279.17 crores in the corresponding period of the previous year. The total comprehensive income showed a loss of ₹314.61 crores for the nine-month period against a loss of ₹278.92 crores in the previous year.

Key Corporate Development

A significant development during the quarter was the Board of Directors' approval on October 3, 2025, for the sale of land located in Thane, which was classified as investment property. The transaction details include:

Parameter Details
Total Consideration ₹244.23 lakhs
Advance Received ₹48.85 lakhs
Date of Advance October 3, 2025
Status Classified as held for sale

The land meets the criteria laid down under Indian Accounting Standard 105, "Non-current Assets Held for Sale and Discontinued Operations." The balance consideration will be received upon completion of the transaction.

Share Capital and Earnings Impact

The company's paid-up equity share capital remained stable at ₹119.82 crores with a face value of ₹8 per share. The earnings per share reflected the operational losses:

  • Basic EPS for Q3 FY26: ₹(0.14)
  • Diluted EPS for Q3 FY26: ₹(0.14)
  • Nine-month Basic EPS: ₹(0.16)
  • Nine-month Diluted EPS: ₹(0.16)

Regulatory and Operational Updates

The company has been impacted by the notification of four Labour Codes by the Government of India, effective from November 21, 2025. These codes consolidate 29 existing labour laws and have resulted in an incremental impact of ₹2.17 lakhs on account of gratuity. The company continues to monitor the finalization of Central and State Rules and clarifications from the Government on other aspects of the Labour Code.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 13, 2026. The company operates solely in the "Alloy and Steel Castings" segment as per Ind-AS 108 "Operating Segments," with no separate segment disclosures required.

Historical Stock Returns for Uni Abex Alloy Products

1 Day5 Days1 Month6 Months1 Year5 Years
+1.84%+5.40%+6.99%+10.41%+56.46%+685.54%
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