Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Year Ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Audited Financial Results

Date of Board Meeting / Approval: May 27, 2026

Audit Opinion: Unmodified opinion (clean opinion)

Auditor’s Comment: Emphasis of Matter paragraph included regarding reliance on financial position certified by management for subsidiary UPIL USA, Inc. as of March 14, 2026. The auditor did not audit or review these financial statements.

Key Financial Highlights [Rs. in Lakhs]

Standalone Results:

Revenue From Operations:

  • Q4 FY26: ₹18,135.06
  • Q3 FY25: ₹16,080.89
  • Q4 FY25: ₹15,013.76
  • FY26: ₹64,664.34
  • FY25: ₹58,279.83

Total Income:

  • Q4 FY26: ₹18,264.40
  • Q3 FY25: ₹16,212.66
  • Q4 FY25: ₹15,221.18
  • FY26: ₹65,140.43
  • FY25: ₹60,178.88

Net Profit/(Loss):

  • Q4 FY26: ₹(9,957.01) loss
  • Q3 FY25: ₹(4.17) loss
  • Q4 FY25: ₹(139.90) loss
  • FY26: ₹(9,676.68) loss
  • FY25: ₹2,260.38 profit

EPS (Basic) (in Rs.):

  • Q4 FY26: (45.03)
  • Q3 FY25: (0.02)
  • Q4 FY25: (0.63)
  • FY26: (43.76)
  • FY25: 10.22

Cash and Cash Equivalents: ₹819.79 lakhs (as of March 31, 2026)

Debt:

  • Borrowings (Non-current): ₹10,021.20 lakhs
  • Borrowings (Current): ₹8,095.17 lakhs
  • Total Borrowings: ₹18,116.37 lakhs

Consolidated Results:

Revenue From Operations:

  • Q4 FY26: ₹23,347.38
  • Q3 FY25: ₹19,852.23
  • Q4 FY25: ₹19,889.60
  • FY26: ₹83,782.06
  • FY25: ₹80,229.47

Total Income:

  • Q4 FY26: ₹23,503.54
  • Q3 FY25: ₹20,006.10
  • Q4 FY25: ₹20,167.98
  • FY26: ₹84,357.75
  • FY25: ₹82,449.47

Net Profit/(Loss):

  • Q4 FY26: ₹(1,315.49) loss
  • Q3 FY25: ₹(968.91) loss
  • Q4 FY25: ₹(2,057.79) loss
  • FY26: ₹(3,332.32) loss
  • FY25: ₹(1,628.00) loss

EPS (Basic) (in Rs.):

  • Q4 FY26: (5.95)
  • Q3 FY25: (4.38)
  • Q4 FY25: (9.31)
  • FY26: (15.07)
  • FY25: (7.36)

Segment-wise Performance:

The Company operates only in one segment: Automotive Components. As such, reporting is done on a single segment basis.

Corporate Actions:

Not Specified

Other Significant Information:

Exceptional Items:

1. Statutory impact of New Labour Code: ₹239.08 lakhs (Standalone), ₹258.24 lakhs (Consolidated) [Non-Recurring]

2. Change Due to Fair Valuation of Investment: ₹10,368.27 lakhs (Standalone) [Non-Recurring]

3. Loss due to dilution: ₹1,520.54 lakhs (Consolidated) [Non-Recurring]

Subsidiary Information:

The consolidated results include:

  • Wholly Owned Subsidiary: UCAL Polymer Industries Limited
  • Subsidiary of UCAL Polymer Industries Limited: UPIL USA, Inc.

Investment Dilution:

The Company diluted its controlling interest in UCAL Holdings Inc., USA (UHI USA) from 100% to 10% on March 15, 2026, resulting in significant write-downs and exceptional items.

New Labour Code Impact:

The Government of India notified provisions of new labour codes on November 21, 2025, resulting in increased gratuity liability from past service.

Entities in Consolidation:

UCAL Limited, UCAL Polymer Industries Limited, and UPIL USA, Inc.