UFM Industries Limited submitted its unaudited financial results for the quarter and half year ended September 30, 2026, following approval by the Board of Directors at a meeting held on November 12, 2026. The meeting commenced at 11:00 a.m. and concluded at 11:45 a.m. The results were reviewed by the Audit Committee and include a Limited Review Report from the statutory auditors, Anil Hitesh & Associates.
Financial Performance - Quarter Ended September 30, 2026
- Revenue from Operations: ₹300.37 lakhs (compared to ₹355.70 lakhs in Q2 FY2025, down 15.6%)
- Other Income: ₹2.28 lakhs (compared to ₹69.19 lakhs in Q2 FY2025)
- Total Income: ₹300.60 lakhs (compared to ₹362.62 lakhs in Q2 FY2025)
- Cost of materials consumed: ₹268.28 lakhs
- Employee benefits expense: ₹69.07 lakhs
- Finance costs: ₹34.25 lakhs
- Depreciation and amortization: ₹14.99 lakhs
- Other expenses: ₹182.79 lakhs
- Profit before tax: ₹28.27 lakhs (compared to ₹69.97 lakhs in Q2 FY2025)
- Tax expenses: ₹8.10 lakhs
- Net profit after tax: ₹20.17 lakhs (compared to ₹66.58 lakhs in Q2 FY2025, down 69.7%)
- Earnings Per Share (Basic & Diluted): ₹0.34 (compared to ₹1.12 in Q2 FY2025)
Financial Performance - Half Year Ended September 30, 2026
- Revenue from Operations: ₹550.48 lakhs (compared to ₹671.11 lakhs in H1 FY2025, down 18.0%)
- Other Income: ₹6.77 lakhs (compared to ₹77.40 lakhs in H1 FY2025)
- Total Income: ₹551.16 lakhs (compared to ₹678.85 lakhs in H1 FY2025)
- Profit before tax: ₹52.21 lakhs (compared to ₹107.56 lakhs in H1 FY2025)
- Tax expenses: ₹15.14 lakhs
- Net profit after tax: ₹37.07 lakhs (compared to ₹94.71 lakhs in H1 FY2025, down 60.9%)
- Earnings Per Share (Basic & Diluted): ₹0.62 (compared to ₹1.60 in H1 FY2025)
Balance Sheet Position (as of September 30, 2026)
- Total Assets: ₹493.09 lakhs (increased from ₹363.50 lakhs as of March 31, 2026)
- Property, Plant and Equipment: ₹66.36 lakhs
- Capital work-in-progress: ₹8.33 lakhs
- Investment Property: ₹17.24 lakhs
- Inventories: ₹216.55 lakhs (significantly increased from ₹93.95 lakhs)
- Trade receivables: ₹73.80 lakhs (increased from ₹40.42 lakhs)
- Cash and cash equivalents: ₹2.35 lakhs (decreased from ₹23.65 lakhs)
- Total Equity: ₹247.32 lakhs
- Equity share capital: ₹59.33 lakhs (unchanged)
- Other equity: ₹187.99 lakhs
- Non-current liabilities: ₹56.24 lakhs
- Current liabilities: ₹189.53 lakhs
Cash Flow Statement (Half Year Ended September 30, 2026)
- Profit before tax: ₹52.21 lakhs
- Net cash flow from operating activities: ₹(1,035.05) lakhs (negative due to working capital changes)
- Net cash from investing activities: ₹1.97 lakhs
- Net cash from financing activities: ₹820.08 lakhs (primarily from increased borrowings)
- Net change in cash: ₹(213.00) lakhs
- Cash at beginning: ₹236.53 lakhs
- Cash at end: ₹23.53 lakhs
Key Working Capital Changes
- Inventories increased by: ₹1,226.06 lakhs
- Trade receivables increased by: ₹333.78 lakhs
- Trade payables increased by: ₹274.25 lakhs
- Other current liabilities increased by: ₹99.67 lakhs
Capital Structure
- Paid-up Equity Share Capital: ₹59.33 lakhs (5,932,600 shares of face value ₹10 each)
- No pending allotment of equity shares
Auditor's Review
The statutory auditors conducted a limited review and reported that nothing has come to their attention causing them to believe that the financial results contain any material misstatement.