🔍

Uni Abex Alloy Products Ltd (504605)

📊 NSE: 504605 🏢 Iron & Steel Products 📅 Last Updated: 11/13/2025 15:25

📢 Recent Corporate Announcements

Uni Abex Releases FY26 Annual Report; Details ₹100/Share Dividend & ₹280 Cr Land Sale

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 14 Aug 2026, 07:33 PM

Uni Abex Alloy Products has released its 53rd Annual Report for FY2025-26 along with the AGM notice. The company highlighted record operating income of ₹218.8 crore with EBITDA margins expanding to 26.7% (up from 25.5% in FY25), delivering total income of ₹228.28 crore. Reported Profit After Tax stood at ₹279.86 crore, substantially boosted by ~₹280 crore in gross proceeds from the monetization of its Thane land parcel. The Board has recommended a total dividend of ₹100 per share (1000%), consisting of a regular dividend of ₹40 and a special dividend of ₹60.

Board recommended a total dividend of ₹100 per share (₹40 regular and ₹60 special dividend).
Operating income reached ₹218.8 crore with an EBITDA margin of 26.7% vs 25.5% in FY25.
Monetization of Thane land at Majiwada generated gross aggregate proceeds of ~₹280 crore.
Full-year Profit After Tax (PAT) stood at ₹279.86 crore (27,986 lakhs) and PBT at ₹328.84 crore (32,884 lakhs).

💡 Track the AGM proceedings and the record/payout dates for the ₹100 per share dividend distribution.

Uni Abex FY26 Annual Report: ₹100/Share Dividend Recommended on ₹280 Cr Land Monetisation

🟢 POSITIVE ⭐ 5/10

ROUTINE 📅 14 Aug 2026, 07:28 PM

Uni Abex Alloy Products published its FY26 Annual Report and 53rd AGM Notice. The company reported FY26 operating income of ₹218.8 crore with EBITDA margins improving to 26.7% (compared to 25.5% in FY25). The Board recommended a total dividend of ₹100 per share (1,000%), comprising a regular dividend of ₹40 and a special dividend of ₹60 driven by gross proceeds of ~₹280 crore from its Thane land monetisation.

Recommended total dividend of ₹100 per equity share (1,000%), consisting of ₹40 regular and ₹60 special dividend
Realized gross proceeds of approximately ₹280 crore from monetisation and compulsory acquisition of Thane land parcel
FY26 operating income stood at ₹218.8 crore with EBITDA margin expanding to 26.7% from 25.5% YoY
Total installed melting capacity exceeds 6,000 MT per annum

💡 Track the AGM shareholder approval and record date for the ₹100/share total dividend payout, alongside updates on the deployment of remaining land cash flows into core capex.

Rs 100 Total Dividend: Uni Abex Sets Sep 2 Record Date for 1000% Payout

🟢 POSITIVE ⭐ 6/10

DIVIDEND 📅 11 Aug 2026, 06:00 PM

Uni Abex Alloy Products has fixed September 2, 2026, as the record date for a total dividend of Rs 100 per share for FY 2025-26. This payout consists of a regular dividend of Rs 40 (400%) and a special dividend of Rs 60 (600%) derived from a Thane land sale. At the current market price of Rs 4636.6, the total dividend represents a yield of approximately 2.16%. The final distribution is subject to shareholder approval at the 53rd Annual General Meeting scheduled for September 9, 2026.

Total dividend recommended is Rs 100 per equity share of face value Rs 10
Special dividend of Rs 60 per share (600%) is attributed to the Thane land sale
Record date for dividend eligibility is fixed for Wednesday, September 2, 2026
Dividend payment to commence on or after September 16, 2026, post-AGM approval
53rd Annual General Meeting to be held via video conferencing on September 9, 2026

💡 Investors should note the ex-dividend date (typically one business day prior to the record date) to ensure eligibility for the Rs 100 payout. Monitor the AGM proceedings on September 9 for formal approval and any management commentary on the utilization of remaining land sale proceeds.

Rs 100 Total Dividend: Uni Abex Sets Record Date for Special and Final Dividend

🟢 POSITIVE ⭐ 7/10

DIVIDEND 📅 11 Aug 2026, 05:53 PM

Uni Abex Alloy Products has scheduled its 53rd AGM for September 9, 2026, and fixed September 2, 2026, as the record date for a substantial dividend payout. The total dividend of Rs 100 per share includes a regular dividend of Rs 40 (400%) and a special dividend of Rs 60 (600%) derived from a Thane land sale. At the current market price of Rs 4636.6, this represents a dividend yield of approximately 2.16%. The payout is subject to shareholder approval and is expected to commence on or after September 16, 2026.

Total dividend recommended is Rs 100 per equity share of face value Rs 10 (1000% payout)
Special dividend of Rs 60 per share is specifically attributed to the proceeds from a Thane land sale
Record date for dividend eligibility and AGM voting is fixed for September 2, 2026
Dividend payment is scheduled to begin on or after September 16, 2026, post-shareholder approval
The 53rd Annual General Meeting will be held on September 9, 2026, via Video Conferencing

💡 Investors should note the ex-dividend date (typically one business day prior to the September 2 record date) to be eligible for the Rs 100 payout. Beyond the dividend, watch for management commentary during the AGM regarding the progress of the Rs 85 Cr planned capital investment.

Uni Abex Q1 Net Profit Rises 30% to ₹7.25 Cr; CS Bhautesh Shah Resigns

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 06 Aug 2026, 06:34 PM

Uni Abex Alloy Products reported a steady Q1 FY27 with revenue from operations growing 4.7% YoY to ₹41.03 Cr. Net profit increased 30.4% YoY to ₹7.25 Cr, significantly aided by a surge in other income to ₹6.81 Cr compared to ₹0.22 Cr in the previous year's quarter. The company is currently processing a massive ₹100 per share dividend (including a ₹60 special dividend) following a ₹223.53 Cr exceptional gain from a land sale in FY26. Separately, the Company Secretary and Compliance Officer, Bhautesh Shah, has resigned effective September 15, 2026.

Revenue from operations increased to ₹41.03 Cr in Q1 FY27 from ₹39.18 Cr in Q1 FY26
Net profit grew to ₹7.25 Cr against ₹5.56 Cr in the corresponding quarter last year
Other income rose sharply to ₹6.81 Cr, providing a substantial boost to the quarterly bottom line
Total dividend of ₹100 per share (1000% of face value) recommended for FY26 pending AGM approval
Company Secretary Bhautesh Shah to step down on September 15, 2026, to pursue outside opportunities

💡 Investors should monitor the appointment of a new Compliance Officer and track the progress of the committed ₹85 Cr capital investment in production facilities.

30.4% YoY PAT Growth in Q1 FY27; ₹100 Total Dividend Recommended for FY26

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 06 Aug 2026, 06:30 PM

Uni Abex Alloy Products reported a 30.4% YoY increase in net profit to ₹7.25 Cr for Q1 FY27, despite modest revenue growth of 4.7% to ₹41.03 Cr. The profit boost was significantly aided by a surge in 'Other Income' to ₹6.81 Cr, compared to just ₹0.22 Cr in the year-ago period. The Board confirmed a total dividend of ₹100 per share for FY26, which includes a ₹60 special dividend following the ₹223.53 Cr exceptional gain from the Thane land sale. Additionally, the Company Secretary and Compliance Officer, Mr. Bhautesh Shah, has resigned effective September 15, 2026.

Net Profit for Q1 FY27 rose to ₹7.25 Cr from ₹5.56 Cr in Q1 FY26, a 30.4% increase.
Total dividend of ₹100 per share (1000% of face value) recommended for FY26, including a ₹60 special dividend.
Other Income surged to ₹6.81 Cr in Q1 FY27 from ₹0.22 Cr in Q1 FY26.
Revenue from operations grew 4.7% YoY to ₹41.03 Cr.
Exceptional gain of ₹223.53 Cr from the disposal of Thane investment property was finalized in the preceding quarter.

💡 Investors should monitor the upcoming Annual General Meeting for dividend approval and watch for the appointment of a new Company Secretary to ensure governance continuity.

35.8% YoY PAT Growth in Q1 FY27 to ₹7.55 Cr; Company Secretary Resigns

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 06 Aug 2026, 06:23 PM

Uni Abex Alloy Products reported a steady Q1 FY27 with Net Profit rising 35.8% YoY to ₹7.55 Cr, supported by a significant increase in Other Income to ₹6.81 Cr. Revenue from operations grew 4.7% YoY to ₹41.03 Cr. The company is coming off a massive FY26 where it recorded an exceptional gain of ₹223.53 Cr from a land sale in Thane. Additionally, the Board accepted the resignation of Company Secretary Bhautesh Shah, effective September 15, 2026.

Net Profit for Q1 FY27 stood at ₹7.55 Cr, up from ₹5.56 Cr in Q1 FY26.
Other Income jumped to ₹6.81 Cr in Q1 FY27 compared to just ₹0.21 Cr in the same period last year.
Revenue from operations increased to ₹41.03 Cr from ₹39.18 Cr YoY.
Company Secretary Bhautesh Shah resigned to pursue outside opportunities, effective 15th September 2026.
Total dividend of ₹100 per share (1000%) recommended for FY26, including a ₹60 special dividend from land sale proceeds.

💡 Investors should monitor the deployment of the ₹280 Cr land sale proceeds into the planned ₹85 Cr capex and the appointment of a new Compliance Officer.

Uni Abex Alloy Products Board Meeting on August 6, 2026, for Q1 FY27 Results

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 28 Jul 2026, 05:10 PM

Uni Abex Alloy Products Ltd has scheduled a board meeting for August 6, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. This follows a highly unusual Q4 FY26 where the company reported a net profit of ‡258 cr on revenue of ‡78 cr, significantly higher than previous quarters. Investors will be looking for normalization in earnings and updates on the ‡85 cr committed capital investment for production facilities. The company maintains a strong balance sheet with a debt-to-equity ratio of 0.03.

Board meeting scheduled for August 6, 2026, to review Q1 FY27 performance.
Company reported a massive TTM EPS of ‡1417.02 as of March 2026 due to a one-off profit spike.
Committed ‡85 cr for expanding production and operational capabilities.
Inventory Turnover Ratio improved to 2.26 in FY 2025 from 1.96 in FY 2024.
Promoter holding remains stable at 63.63% as of March 2026.

💡 Monitor the Q1 results on August 6 to assess if the exceptional profitability of the previous quarter was a one-time event and to track progress on the ‡85 cr capex execution.

View All 504605 Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total income grew by 8.65% YoY, reaching INR 200.07 Cr in FY 2025 compared to INR 184.14 Cr in FY 2024. Segment-specific growth percentages for decanters versus reformer tubes were not disclosed.

Geographic Revenue Split

Not disclosed in available documents, though the company highlights an expanding international footprint with recent participation in industry events in Tulsa, Oklahoma, USA.

Profitability Margins

Operating Profit Margin declined to 25% in FY 2025 from 28% in FY 2024. Net Profit Margin also decreased to 17% from 20% in the previous year. Return on Net Worth dropped to 24% from 31% YoY.

EBITDA Margin

EBITDA Margin was 25.47% in FY 2025, with absolute EBITDA at INR 50.97 Cr, representing a 4.54% decrease from INR 53.39 Cr in FY 2024.

Capital Expenditure

The Company has approved a significant capital outlay of INR 85 Cr to strengthen production and operational capabilities, which represents approximately 42% of its current annual revenue.

Credit Rating & Borrowing

The company has not issued debt instruments or invited fixed deposits, so no credit ratings were obtained. However, the Debt-Equity ratio improved to 0.08 in FY 2025 from 0.15 in FY 2024, indicating very low leverage.

⚙️ Operational Drivers

Raw Materials

Key raw materials include non-ferrous metals such as Nickel and Aluminium, along with composite-clad, precious, and refractory materials. Specific percentage of total cost for each was not disclosed.

Import Sources

Not specifically disclosed, though the company mentions exposure to foreign exchange risks for material imports, suggesting international sourcing.

Key Suppliers

Not disclosed; however, the company utilizes a strategy of sourcing from multiple suppliers to ensure supply continuity and cost-effective procurement.

Capacity Expansion

Current installed capacity is not specified in MT, but the company has committed INR 85 Cr for expanding production and operational capabilities to drive long-term growth.

Raw Material Costs

Raw material price volatility is identified as a key risk. To mitigate this, the company sources from multiple vendors and focuses on cost optimization and process improvement.

Manufacturing Efficiency

Inventory Turnover Ratio improved to 2.26 in FY 2025 from 1.96 in FY 2024. Interest Coverage Ratio remains high at 65.86, though it decreased from 84.93 YoY.

📈 Strategic Growth

Expected Growth Rate

5.36%

Growth Strategy

Growth will be achieved through a INR 85 Cr capital investment in production facilities, expanding the international footprint (e.g., USA market), and focusing on high-performance alloys for emerging sectors like semiconductors, aerospace, and renewable energy.

Products & Services

Premium alloy steel castings including decanters, reformer tubes, radiant tubes, retort tubes, air injection tubes, tube support castings, tube sheets, and header assemblies.

Brand Portfolio

Uni Abex, Neterwala Group.

New Products/Services

Focus on next-generation alloys for aircraft technology and high-temperature applications; specific revenue contribution percentages for new launches were not disclosed.

Market Expansion

Expanding international footprint with a focus on the North American market, evidenced by sponsorship and exhibition at CRU Nitrogen + Syngas USA 2025 in Tulsa.

Market Share & Ranking

Recognized as a leading manufacturer of centrifugal castings in India; specific market share percentage not disclosed.

Strategic Alliances

Part of the Neterwala Group; no specific new JVs were mentioned in the documents.

🌍 External Factors

Industry Trends

The global high-performance alloy market is projected to grow from USD 10.99 billion in 2024 to USD 18.52 billion by 2034. Trends include additive manufacturing, high-temperature alloys, and sustainable manufacturing practices.

Competitive Landscape

Competes in the global centrifugal casting market (USD 1.5 billion size) against manufacturers serving automotive, aerospace, and industrial machinery sectors.

Competitive Moat

Durable advantages include a 50-year legacy, specialized expertise in heat/wear/corrosion-resistant alloys, and leadership in centrifugal castings for critical applications like reformer tubes.

Macro Economic Sensitivity

Sensitive to India's GDP growth (6.5% in FY 2025) and global aircraft technology advancements. Tax relief in the Union Budget 2025-26 is expected to boost domestic consumption.

Consumer Behavior

Shift toward environmentally conscious manufacturing and demand for next-generation, high-durability aircraft components.

Geopolitical Risks

Monitors global tariff environments and benefits from the 'China+1' strategy and 'Make in India' campaign which boost manufacturing confidence.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with SEBI (LODR) Regulations 2015 and SEBI (Depositories and Participants) Regulations 2018. Adherence to industry-approved welding procedures and high-performance alloy standards.

Environmental Compliance

Facing increased pressure from tightening regulations regarding emissions and waste management, which may lead to higher operational costs.

Taxation Policy Impact

Benefits from tax relief measures in the Union Budget 2025-26; specific effective tax rate not disclosed.

Legal Contingencies

The company reported no instances of non-compliance and no penalties or strictures imposed by stock exchanges or SEBI during the last three years.

⚠️ Risk Analysis

Key Uncertainties

Unexpected shifts in the economic environment and volatility in raw material prices are the primary business risks.

Geographic Concentration Risk

95.40% of equity capital is dematerialized, but geographic revenue concentration is not specified; however, there is a noted push toward the US market.