United Leasing & Industries Ltd (507808)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, United Leasing's revenue was ₹1.1 Cr (-24.7% year on year, -21.4% on the previous quarter), and net profit ₹-0.1 Cr; the operating margin was 7.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹1.1 | -24.7% | -21.4% |
| Operating profit | ₹0.1 | -66.1% | -70.9% |
| Net profit | ₹-0.1 | — | loss widened |
| EPS (₹) | -0.47 | — | loss widened |
| Operating margin | 7.6% | — | — |
📢 Recent Corporate Announcements
United Leasing & Industries Ltd has approved the change in designation of Mr. Karm Sawhney from Additional Director to Non-Executive Independent Director, effective September 30, 2026. The appointment is for a tenure of 5 consecutive years, subject to shareholder approval. The company operates at a modest scale with a market capitalization of ₹10 Cr and TTM revenue of ₹7 Cr. This board reorganization represents a standard corporate governance adjustment and entails no immediate financial impact.
- Karm Sawhney redesignated from Additional Director to Non-Executive Independent Director
- Appointment tenure spans 5 consecutive years effective September 30, 2026
- Appointee brings over 5 years of experience in corporate legal advisory, compliance, and secretarial practices
- Appointment remains subject to approval by the company's shareholders
United Leasing & Industries Ltd has issued the notice for its 42nd Annual General Meeting scheduled for September 30, 2026. Key agenda items include adopting the FY26 audited financial statements and regularizing Mr. Karm Sawhney as an Independent Director for a 5-year term. Crucially, the company seeks shareholder approval for related-party transactions of up to ₹5 crore each with SIPL Textile Private Limited and RLF Limited for FY27. These requested transaction limits are significant given the company's TTM revenue of approximately ₹7 crore.
- 42nd AGM scheduled on September 30, 2026; remote e-voting open from September 27 to 29, 2026.
- Shareholder approval sought for related-party transactions up to ₹5 Crores with SIPL Textile Private Limited for FY27.
- Shareholder approval sought for related-party transactions up to ₹5 Crores with RLF Limited for FY27.
- Regularization of Mr. Karm Sawhney as Non-Executive Independent Director for a 5-year term ending November 11, 2030.
United Leasing & Industries reported a weak operational performance for Q1 FY27, with revenue from operations declining 24.9% YoY to ₹1.08 Cr. The company posted an operational net loss of ₹14.24 lakhs, widening from a loss of ₹0.35 lakhs in the year-ago period. However, the bottom line was bolstered by a one-time non-cash gain of ₹149.06 lakhs (net of tax) from land revaluation, recorded under Other Comprehensive Income. The auditor highlighted that this land parcel might be subject to green belt or road widening restrictions, potentially affecting its final settlement value.
- Revenue from operations fell to ₹107.71 lakhs in Q1 FY27 from ₹143.45 lakhs in Q1 FY26.
- Operational net loss widened significantly to ₹14.24 lakhs compared to a marginal loss of ₹0.35 lakhs YoY.
- Recognized a ₹149.06 lakhs gain (net of tax) via land revaluation, which is approximately 21% of the company's reported net worth.
- Interest-free loans and borrowings continue to be exchanged with related parties on a 'repayable on demand' basis.
- Total Comprehensive Income stood at ₹134.82 lakhs due to the revaluation impact despite operational losses.
United Leasing & Industries reported a weak operational performance for Q1 FY27, with revenue from operations falling 24.9% YoY to ₹1.08 Cr. The company recorded a net loss of ₹14.24 Lakhs from continuing operations, compared to a marginal loss of ₹0.35 Lakhs in the same period last year. However, total comprehensive income reached ₹134.82 Lakhs, driven entirely by a non-cash land revaluation gain of ₹149.06 Lakhs (net of tax). Auditors have flagged that this land may fall under a green belt or road widening area, which could impact its actual realizable value.
- Revenue from operations declined to ₹107.71 Lakhs from ₹143.45 Lakhs in the year-ago quarter.
- Net loss from continuing operations widened significantly to ₹14.24 Lakhs from ₹0.35 Lakhs YoY.
- Recognized a one-time gain of ₹149.06 Lakhs in Other Comprehensive Income due to land revaluation.
- Total expenses of ₹121.96 Lakhs exceeded total revenue, leading to an operating loss.
- Company continues to maintain interest-free loans and borrowings with related parties on a demand basis.
United Leasing & Industries Ltd has scheduled a board meeting on August 14, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of Rs 10 Cr and TTM revenue of Rs 7 Cr. Recent performance shows volatility, with a net loss of Rs 0.01 Cr in the March 2026 quarter compared to a profit of Rs 0.12 Cr in December 2025. The trading window for insiders has been closed since July 1, 2026.
- Board meeting scheduled for August 14, 2026, to approve Q1 results
- Trading window closed from July 1, 2026, until 48 hours post-result declaration
- Company reported a marginal FY26 net profit of Rs 0.03 Cr on Rs 7.14 Cr revenue
- Promoter holding remains stable at 43.7% as of March 2026
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