Uni Abex Alloy Posts 733% Profit Jump From Property Sale, Declares ₹100 Dividend

INDUSTRIAL-GOODSSERVICES
Whalesbook Corporate News Logo
AuthorVihaan Mehta|Published at:
Uni Abex Alloy Posts 733% Profit Jump From Property Sale, Declares ₹100 Dividend
Overview

Uni Abex Alloy Products saw its net profit jump 733% to ₹279.86 crore for the fiscal year ending March 31, 2026. This sharp increase was primarily driven by a ₹273.53 crore gain from selling its property in Thane. The company also announced a total dividend of ₹100 per share, with ₹40 as a final dividend and ₹60 as a special dividend linked to the asset sale.

Instant Stock Alerts on WhatsApp

Used by 10,000+ active investors

1

Add Stocks

Select the stocks you want to track in real time.

2

Get Alerts on WhatsApp

Receive instant updates directly to WhatsApp.

  • ✓Quarterly Results
  • ✓Concall Announcements
  • ✓New Orders & Big Deals
  • ✓Capex Announcements
  • ✓Bulk Deals
  • ✦And much more
Add StocksGet it on Google PlayDownload on the App Store

Uni Abex Alloy Posts Huge Profit Boost from Thane Property Sale

Uni Abex Alloy Products Limited has reported a significant leap in its net profit for the fiscal year ending March 31, 2026. The company announced a net profit of ₹279.86 crore, marking a 733.6% increase from ₹33.57 crore in the previous fiscal year.

Key Financial Highlights

The substantial profit surge was largely attributed to an exceptional gain of ₹273.53 crore resulting from the sale of its property located in Thane, Maharashtra. This one-time event significantly boosted the company's bottom line.

Excluding this exceptional item, Uni Abex also demonstrated underlying operational growth. Revenue from its operations increased by 13.3%, reaching ₹218.78 crore compared to ₹193.09 crore in the prior year.

Substantial Dividend for Shareholders

In recognition of the asset monetization and to reward shareholders, the company's board has recommended a total dividend payout of ₹100 per share for the financial year 2025-26. This includes a final dividend of ₹40 per share and a special dividend of ₹60 per share, directly linked to the proceeds from the property sale.

Leadership Transition

Alongside the financial results, Uni Abex Alloy Products announced a key leadership change. Mr. Nisar Hassan has been appointed as the new Chief Executive Officer (CEO), moving up from his previous role as Chief Operating Officer & Manager. This transition signals a new chapter for the company's strategic direction.

Looking Ahead

Investors will be keen to observe how the new CEO guides the company, particularly in utilizing the capital generated from the property sale and in strengthening its core business of manufacturing alloy steel castings. While the asset sale provided a significant boost, sustained operational performance will be critical for future growth. The market for alloy steel castings is known for its cyclical nature, presenting potential demand fluctuations that the company will need to navigate.

Get stock alerts instantly on WhatsApp

Quarterly results, bulk deals, concall updates and major announcements delivered in real time.

Add Stocks
Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.