Uniroyal Marine Exports Ltd (526113)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Uniroyal Marine's revenue was ₹3.2 Cr (-29.8% year on year, -77.3% on the previous quarter), and net profit ₹-1.2 Cr (against a profit a year earlier); the operating margin was -46.7%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹3.2 | -29.8% | -77.3% |
| Operating profit | ₹-1.5 | to loss | to loss |
| Net profit | ₹-1.2 | to loss | to loss |
| EPS (₹) | -1.88 | to loss | to loss |
| Operating margin | -46.7% | — | — |
📢 Recent Corporate Announcements
Uniroyal Marine Exports Limited announced the receipt of an inter-corporate loan totaling INR 183.00 Lakhs (Rs 1.83 Cr) from Baby Marine Eastern Exports, a related party. The funds were received in three tranches: INR 91.50 Lakhs on July 28, 2026, INR 72.00 Lakhs on August 18, 2026, and INR 19.50 Lakhs on August 19, 2026. The loan amount is significant relative to the company's net worth of Rs 1 Cr and market cap of Rs 11 Cr. Commercial terms such as the interest rate and repayment tenure were not disclosed.
- Total inter-corporate loan received: INR 183.00 Lakhs (Rs 1.83 Cr)
- Lender: Baby Marine Eastern Exports (Related Party)
- Tranche 1: INR 91.50 Lakhs received on July 28, 2026
- Tranche 2: INR 72.00 Lakhs received on August 18, 2026
- Tranche 3: INR 19.50 Lakhs received on August 19, 2026
Uniroyal Marine Exports reported a sharp downturn for Q1 FY27, posting a net loss of ₹1.22 Cr compared to a profit of ₹0.15 Cr in the same period last year. Revenue from operations fell 29.8% YoY to ₹3.20 Cr. The company recognized a one-time provision of ₹78.68 Lakhs for workforce restructuring and full settlement of retiring employees. Crucially, management stated that the company's ability to continue as a going concern is dependent on the successful sale and leaseback of its 180-cent land parcel in Calicut.
- Net loss of ₹121.60 Lakhs for the quarter ended June 30, 2026, vs a profit of ₹15.15 Lakhs YoY.
- Revenue from operations declined to ₹320.04 Lakhs from ₹456.36 Lakhs in the previous year's quarter.
- Recognized a significant provision of ₹78.68 Lakhs for workforce restructuring and employee settlements.
- Going concern status is linked to the pending sale of 180 cents of land and building in Calicut.
- Total expenses of ₹496.13 Lakhs significantly exceeded total revenue of ₹374.53 Lakhs.
Uniroyal Marine Exports reported a weak Q1 FY27 with a net loss of ₹1.22 Cr, swinging from a profit of ₹0.15 Cr in the year-ago period. Revenue from operations declined 30% YoY to ₹3.20 Cr, while total expenses rose despite lower sales. The company recognized a one-time provision of ₹78.68 Lakhs for workforce restructuring. Critically, management noted that the company's 'going concern' status depends on the successful sale and leaseback of its 180-cent land parcel, a transaction approved in July 2025 but still pending completion.
- Net loss of ₹1.22 Cr for Q1 FY27 vs a profit of ₹0.15 Cr in Q1 FY26
- Revenue from operations fell 29.8% YoY to ₹3.20 Cr from ₹4.56 Cr
- One-time workforce restructuring provision of ₹78.68 Lakhs recognized in the quarter
- Going concern status is explicitly linked to the pending sale of 180 cents of land and building
- Finance costs remained high at ₹24.62 Lakhs relative to the quarterly revenue
Uniroyal Marine Exports Ltd has scheduled a board meeting for August 13, 2026, to review and approve its unaudited financial results for the quarter ended June 30, 2026. The company is coming off a strong March 2026 quarter where it recorded revenue of Rs 14.09 Cr, which was significantly higher than the previous three quarters. With a very high debt-to-equity ratio of 19.84 and a small market cap of Rs 11 Cr, the upcoming results are critical to assess if the company can maintain its revenue momentum and improve its thin 2.9% operating margins.
- Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results
- Company reported TTM revenue of Rs 28 Cr against a market cap of only Rs 11 Cr
- Debt levels remain high at Rs 16 Cr compared to a net worth of just Rs 1 Cr
- March 2026 quarter revenue was Rs 14.09 Cr, representing nearly 50% of annual FY26 revenue
- Promoter holding is relatively low at 29.41% as of June 2026
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