Umiya Tubes Ltd (539798)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Umiya Tubes' revenue was ₹13.6 Cr, and net profit ₹1.7 Cr (against a loss a year earlier); the operating margin was 12.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹13.6 | — | +65.1% |
| Operating profit | ₹1.7 | from loss | -8.2% |
| Net profit | ₹1.7 | from loss | -9.5% |
| Operating margin | 12.6% | — | — |
📢 Recent Corporate Announcements
Umiya Tubes Limited has issued an addendum to its 13th AGM notice to propose a corporate name change and a substantial increase in its authorised share capital. The company plans to increase authorized share capital from ₹30 crore to ₹80 crore to support potential future business expansion and capital raising. Additionally, it plans to rebrand to 'Kronmet Industries Limited' or 'Somet Industries Limited' to reflect a complete shift away from steel tubes to 100% tungsten-based products and tools. The company will also seek shareholder approval for appointing M/s A. H. Mandaliya & Associates as statutory auditors for a 5-year term.
- Proposed increase in authorised share capital from ₹30,00,00,000 to ₹80,00,00,000 divided into 8,00,00,000 shares of ₹10 each
- Proposed name change to Kronmet Industries Limited or Somet Industries Limited, reflecting that tube business revenue is now zero
- Tungsten-based products, parts, and tools now account for 100% of the company's operational revenue
- 13th Annual General Meeting to be held via Video Conferencing on September 30, 2026 at 03:00 PM IST
- Appointment of M/s A. H. Mandaliya & Associates as statutory auditors for a 5-year term through the 18th AGM
Umiya Tubes reported Q1 FY27 (quarter ended June 30, 2026) revenue from operations of ₹13.59 Cr (₹1358.71 Lakhs) compared to ₹0.00 Cr in the year-ago period and ₹8.23 Cr in Q4 FY26. Profit after tax stood at ₹1.75 Cr (₹174.66 Lakhs) versus a net loss of ₹0.19 Cr in Q1 FY26. The company also approved shifting its registered office to Ambli T Junction, Ahmedabad, effective August 20, 2026. The results were declared with a 4-day delay citing director unavailability.
- Revenue from operations surged to ₹1358.71 Lakhs from ₹0.00 in Q1 FY26 and ₹823.29 Lakhs in Q4 FY26
- Net profit reached ₹174.66 Lakhs compared to a net loss of ₹19.03 Lakhs in Q1 FY26
- Basic EPS for the quarter came in at ₹1.35 against ₹(0.16) in Q1 FY26 and ₹1.49 in Q4 FY26
- Registered office shifted to 415 Shivam Trade Center, Ambli T Junction, SP Ring Road, Ahmedabad, operational from August 24, 2026
Umiya Tubes reported a strong top-line performance for Q1 FY27 (quarter ended June 30, 2026), with revenue from operations reaching Rs 13.59 Cr (Rs 1,358.71 Lakhs), up 65.0% QoQ from Rs 8.23 Cr in Q4 FY26 and vs nil in Q1 FY26. Net profit stood at Rs 1.75 Cr compared to Rs 1.93 Cr in Q4 FY26 and a loss of Rs 0.19 Cr in Q1 FY26. Quarterly revenue alone surpassed the total annual revenue of FY26 (Rs 12.76 Cr). The company also announced shifting its registered office to Ambli, Ahmedabad.
- Revenue from operations jumped to Rs 1,358.71 Lakhs in Q1 FY27 compared to Rs 823.29 Lakhs in Q4 FY26 and zero in Q1 FY26
- Net profit came in at Rs 174.66 Lakhs vs Rs 192.57 Lakhs in Q4 FY26 and a net loss of Rs 19.03 Lakhs in Q1 FY26
- Basic EPS for the quarter was Rs 1.35 compared to Rs 1.49 in Q4 FY26 and Rs (0.16) in Q1 FY26
- The board approved shifting the registered office to Shivam Trade Center, Ahmedabad effective August 20, 2026
Umiya Tubes reported standalone revenue from operations of ₹13.59 Cr for Q1 ended June 30, 2026, marking a sharp jump from nil revenue in Q1 FY26 and a 65% increase over Q4 FY26 (₹8.23 Cr). Net profit for the quarter stood at ₹1.75 Cr compared to a net loss of ₹0.19 Cr in the year-ago period and ₹1.93 Cr in Q4 FY26. Notably, single-quarter revenue exceeded the company's full-year FY26 revenue of ₹12.76 Cr, driven primarily by ₹10.97 Cr in stock-in-trade purchases. The company also announced a change in registered office and noted a 4-day delay in declaring results due to director unavailability.
- Revenue from operations reached ₹13.59 Cr (₹1,358.71 lakhs), up 65% QoQ from ₹8.23 Cr and up from ₹0 in Q1 FY26
- Net profit stood at ₹1.75 Cr (₹174.66 lakhs) against a net loss of ₹0.19 Cr in Q1 FY26 and ₹1.93 Cr in Q4 FY26
- Quarterly basic EPS came in at ₹1.35 compared to ₹(0.16) in Q1 FY26 and ₹1.49 in Q4 FY26
- Purchases of stock-in-trade accounted for ₹10.97 Cr, reflecting strong trading volumes
- Registered office relocated to Ambli T Junction, SP Ring Road, Ahmedabad effective August 20, 2026
Umiya Tubes Limited has informed the exchanges that a meeting of its Board of Directors is scheduled for Wednesday, August 19, 2026. The board will consider and approve the unaudited financial results for the quarter ended June 30, 2026. In compliance with insider trading regulations, the trading window has been closed since July 1, 2026, and will reopen 48 hours after the results are declared.
- Board meeting scheduled for August 19, 2026.
- Results for the quarter ended June 30, 2026 to be considered and approved.
- Insider trading window closed effective July 1, 2026 until 48 hours post-announcement.
Umiya Tubes Ltd has responded to a BSE query regarding significant price movement, stating it has no undisclosed price-sensitive information. The company specifically addressed a July 13, 2026, article in Divya Bhaskar which alleged the company's registered office was not maintained and its factory site was inoperative. Management labeled these reports as 'misleading' and stated that price movements are entirely market-driven. This comes amid a period where the stock has fallen 36.7% in three months and promoter holding has dropped to a critical 4.04%.
- BSE sought clarification on July 20, 2026, regarding significant price movement in the company's securities.
- Company addressed a Divya Bhaskar article dated July 13, 2026, alleging an inoperative factory and office issues.
- Promoter holding has seen a sharp decline from 26.74% in June 2025 to just 4.04% in March 2026.
- The company reported TTM revenue of Rs 13 Cr and a small market capitalization of Rs 32 Cr.
- Stock performance has been weak with a -36.7% return over the last 3 months as of the announcement date.
Umiya Tubes Ltd has issued a formal clarification regarding a news article by Divya Bhaskar that alleged the company lacked a functional office and factory. The company confirmed that its Sabarkantha factory was sold to M/s. Gaurisuta Agro Industries Pvt. Ltd. effective June 18, 2024, following a shareholder resolution in January 2024. Furthermore, the registered office was officially shifted from Gandhinagar to Ahmedabad on October 1, 2025. The company also addressed promoter stake concerns, stating that the reduction in holding was a gradual process over 10 years due to preferential issues and dilution, rather than a sudden exit.
- Factory premises at Sabarkantha sold and transferred effective June 18, 2024
- Registered office shifted to Ahmedabad effective October 1, 2025, following a special resolution
- Shareholder approval for the factory sale was obtained on January 23, 2024
- Company has been operational for approximately 10 years since its 2013 incorporation
- Promoter stake reduction attributed to preferential issues and dilution since the 2016 IPO
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