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Uniparts India Appoints Sandeep Taneja as Group CFO; Rohit Maheshwari Resigns
Uniparts India has announced a transition in its financial leadership with the resignation of CFO Rohit Maheshwari, effective March 12, 2026. The Board has appointed Sandeep Taneja as the new Group CFO starting March 16, 2026, ensuring a swift transition. Mr. Taneja brings over 25 years of global experience, having managed P&Ls ranging from $100 million to $3 billion at major firms like Gates India and Ingersoll Rand. His extensive background in both Indian and US markets is expected to support the company's global financial strategy.
Key Highlights
Rohit Maheshwari resigns as CFO and Key Managerial Personnel effective March 12, 2026.
Sandeep Taneja appointed as Group CFO effective March 16, 2026, following a Board meeting on March 11.
New CFO Sandeep Taneja possesses 25+ years of global experience, including 10 years in the USA.
Mr. Taneja has previously managed P&Ls between $100 million and $3 billion at Gates India and Ingersoll Rand.
The appointment includes roles as Key Managerial Personnel under Section 203 of the Companies Act, 2013.
💼 Action for Investors
Investors should view this as a routine but significant leadership transition; the high caliber of the incoming CFO is a positive indicator for financial governance. Monitor the upcoming quarterly results for any shifts in financial strategy or commentary under the new leadership.
Uniparts Q3 FY26 PAT Surges 74% YoY to ₹33 Cr; Declares ₹101 Cr Special Dividend
Uniparts India reported a robust Q3 FY26 with revenue growing 35% YoY to ₹281 crores and PAT increasing 74% to ₹33 crores. The company maintained a strong EBITDA margin of 21.5% and remains net debt-free with a cash position of ₹153 crores. Shareholder rewards were a major focus, with a ₹101 crore special dividend and a fresh ₹7 interim dividend announced. Management highlighted a ₹200 crore annualized new business pipeline and the operationalization of a new Mexico warehouse to enhance near-shoring capabilities.
Key Highlights
Revenue from operations increased 35% YoY to ₹281 crores, driven by recovery in construction and small agriculture.
EBITDA grew 65% YoY to ₹61 crores with a healthy margin of 21.5% despite new wage code impacts.
Declared a significant special dividend of ₹101 crores and a second interim dividend of ₹7 per share.
New business awards pipeline remains strong at ₹200 crores annualized potential across global geographies.
Construction segment revenue share increased to 41.6% in 9M FY26, reflecting successful diversification.
💼 Action for Investors
Investors should find confidence in the company's strong cash generation and aggressive dividend policy. The stabilization of the large agriculture cycle and growth in construction equipment suggest continued momentum, making it a strong 'hold' or 'accumulate' candidate.
Uniparts India Receives ₹25.8 Crore Income Tax Demand for AY 2024-25
Uniparts India Limited has received a notice of demand for ₹25.80 crore from the Income Tax Department for the Assessment Year 2024-25. The demand primarily stems from the tax authority's failure to consider a deduction of ₹83.28 crore available under Section 80M. The company asserts that the claims are not maintainable and expects no material financial impact. Management is preparing to file a rectification petition and a legal appeal to contest the order.
Key Highlights
Received a tax demand notice of ₹25,79,86,410 including interest under sections 234A and 234B.
The dispute involves the non-consideration of a Section 80M deduction amounting to ₹83,27,89,954.
Penalty proceedings under Section 270A for under-reporting of income have been initiated separately.
Company plans to file a rectification petition and explore further legal remedies against the demand order.
Management believes the company has a strong case on merits and expects a favorable outcome.
💼 Action for Investors
Investors should monitor the outcome of the rectification petition as the demand appears to be a technical oversight regarding eligible deductions. While the amount is significant, the company's clear identification of the missing deduction suggests a high probability of resolution.
Uniparts India Q3 FY26 PAT Surges 74% YoY to ₹333 Mn; EBITDA Margins Expand to 21.5%
Uniparts India reported a robust Q3 FY26 with consolidated revenue growing 34.2% YoY to INR 2,867 million. Profit After Tax (PAT) increased significantly by 74.1% YoY to INR 333 million, even after accounting for a one-time exceptional labor code impact of INR 34.19 million. The company's EBITDA margin saw a healthy expansion to 21.5% compared to 17.4% in the same quarter last year. Management highlighted that warehouse-led sales, which offer higher agility and value, now constitute over 50% of 9M FY26 revenues.
Key Highlights
Q3 FY26 Revenue increased 34.2% YoY to INR 2,867 Mn, showing momentum despite seasonal weakness.
EBITDA grew 65.5% YoY to INR 617 Mn, with margins improving from 17.4% to 21.5%.
9M FY26 PAT reached INR 1,072 Mn, a 64.4% growth compared to the previous year.
Warehouse-led sales crossed the 50% mark of total revenue in the first nine months of FY26.
The company reported a recovery in Small Agriculture and stabilization in the Construction Equipment segment.
💼 Action for Investors
The strong margin expansion and revenue growth indicate a cyclical turnaround in the global OHV market. Investors should maintain a positive outlook as the company benefits from its dual-shore manufacturing model and increasing high-value warehouse-led sales.
Uniparts India Declares Rs 7 Per Share Second Interim Dividend; Sets Feb 16 as Record Date
Uniparts India Limited has declared a second interim dividend of Rs 7 per equity share for the financial year 2025-26. The company has fixed February 16, 2026, as the record date to determine shareholder eligibility for this payout. This dividend represents 70% of the face value of Rs 10 per share. The payment will be processed and dispatched to eligible shareholders within 30 days from the date of declaration.
Key Highlights
Second interim dividend of Rs 7 per equity share declared for FY 2025-26
Record date for dividend entitlement fixed as February 16, 2026
Dividend payout represents 70% of the face value of Rs 10 per share
Payment to be completed within 30 days from the declaration date of February 9, 2026
💼 Action for Investors
Investors seeking dividend income should ensure they hold the stock before the ex-dividend date to be eligible for the Rs 7 per share payout. The declaration reflects a healthy cash flow and a commitment to returning value to shareholders.
Uniparts India Declares Second Interim Dividend of Rs. 7 Per Share for FY 2025-26
Uniparts India Limited has announced a second interim dividend of Rs. 7 per equity share for the financial year 2025-26. The dividend is declared on a face value of Rs. 10 per share. The company has fixed February 16, 2026, as the record date to determine shareholder eligibility. This payout follows the board meeting held on February 09, 2026, and will be distributed within 30 days.
Key Highlights
Second interim dividend of Rs. 7 per equity share declared for FY 2025-26
Dividend is based on a face value of Rs. 10 per equity share
Record date for determining eligible shareholders is February 16, 2026
Payment to be completed within 30 days from the declaration date of February 09, 2026
💼 Action for Investors
Investors seeking dividend income should ensure they hold the shares before the record date of February 16, 2026. Monitor the stock's dividend yield relative to its current market price for long-term value assessment.
Uniparts India Q3 Net Profit Surges to ₹469M; Declares ₹7 Interim Dividend
Uniparts India reported a robust performance for Q3 FY26, with standalone revenue from operations growing 43% YoY to ₹1,836.85 million. Net profit witnessed a massive jump to ₹469.27 million from ₹77.07 million in the corresponding quarter of the previous year. The company rewarded shareholders by declaring a second interim dividend of ₹7.00 per share. While the company faced an exceptional charge of ₹28.05 million due to new Labour Code provisions and a fire incident at its Ludhiana plant, the overall financial trajectory remains strongly positive.
Key Highlights
Standalone Net Profit for Q3 FY26 rose to ₹469.27 million, a significant increase from ₹77.07 million YoY.
Revenue from operations grew to ₹1,836.85 million compared to ₹1,281.74 million in Q3 FY25.
Declared a second interim dividend of ₹7.00 per equity share (70%) with a record date of February 16, 2026.
EPS for the quarter improved substantially to ₹10.40 from ₹1.71 in the previous year's quarter.
Recognized an exceptional expense of ₹28.05 million related to gratuity and leave liabilities under new Labour Codes.
💼 Action for Investors
Investors should take note of the strong earnings growth and healthy dividend yield. The stock remains attractive given the sharp recovery in margins and robust revenue growth, though one should monitor the insurance settlement for the Ludhiana plant fire.
Uniparts India Reports Fire at Ludhiana Plant; Surface Finishing Operations Disrupted
Uniparts India has reported a fire incident at its SKG Engineering plant in Ludhiana, Punjab, which occurred on the night of December 27, 2025. While there were no human casualties, surface finishing operations have been halted, leading to a temporary disruption in production. The company is mitigating the impact by utilizing its other manufacturing facilities to fulfill customer orders. While the plant is fully insured, the total financial loss is still being assessed by the company and insurance providers.
Key Highlights
Fire incident occurred at the SKG Engineering plant in Ludhiana on December 27, 2025, at 10:30 PM
Zero human casualties or injuries reported; fire was contained promptly
Surface finishing operations disrupted, with production being diverted to other company facilities
Plant is adequately insured, and the insurance company has been notified for damage assessment
💼 Action for Investors
Investors should monitor the timeline for the restoration of normal operations and the final insurance claim amount. The company's ability to shift production to other plants suggests the impact on customer delivery may be limited.
Uniparts India Proposes Revision in WTD Remuneration to ₹3.83 Crore CTC
Uniparts India Limited has issued a postal ballot notice to seek shareholder approval for the revision of remuneration for Ms. Tanushree Bagrodia, Whole Time Director. The proposed total Cost to Company (CTC) is ₹3.83 crore per annum, effective from January 1, 2026, for her remaining tenure until November 2027. The proposal includes a fixed salary of ₹2.84 crore and a performance-linked incentive of ₹0.95 crore. Notably, the company is seeking a special resolution as total managerial remuneration may exceed the statutory limit of 11% of net profits.
Key Highlights
Proposed total annual CTC of ₹3,82,75,627 for Whole Time Director Ms. Tanushree Bagrodia.
Remuneration structure consists of ₹2.84 crore fixed salary and ₹94.67 lakh performance-linked incentive.
Provision for an annual increment of up to 10% in CTC subject to Board and NRC approval.
Special resolution required as total managerial pay may exceed 10-11% of the company's net profits.
Remote e-voting period is set from December 28, 2025, to January 26, 2026.
💼 Action for Investors
Investors should assess if the proposed remuneration hike is justified by the company's financial performance and if the potential breach of the 11% net profit cap for managerial pay is acceptable given current growth trends.
Uniparts India Appoints Tanushree Bagrodia as Group CEO and Announces Key Leadership Changes
Uniparts India Limited has announced a significant leadership restructuring effective January 1, 2026, with the appointment of Ms. Tanushree Bagrodia as the Group Chief Executive Officer. The company is also strengthening its senior management by appointing Mr. Paleswara Rao S V Duvvuri as COO and creating new global roles for S&OP and Commercial operations. While professional management is being elevated, the promoters, Mr. Gurdeep Soni and Mr. Paramjit Singh Soni, will continue to provide strategic guidance. This move appears to be a strategic transition toward a more professionalized global corporate structure.
Key Highlights
Ms. Tanushree Bagrodia appointed as Group CEO and KMP effective January 1, 2026, while continuing as Whole Time Director.
Mr. Paleswara Rao S V Duvvuri, with over 30 years of experience, promoted to Chief Operating Officer (COO).
Mr. Jyotbir Singh Sethi and Mr. Biru Gupta appointed as Global Head S&OP and Global Operations & Head Commercial respectively.
Promoters Gurdeep Soni and Paramjit Singh Soni to remain in existing designations to ensure strategic continuity.
The restructuring involves a mix of external expertise and internal promotions from India and USA units.
💼 Action for Investors
Investors should view the professionalization of the management team as a positive step for long-term governance and global scaling. Monitor how the new leadership team impacts operational efficiency and global market expansion in 2026.