Key Board Approvals

1. Unaudited Financial Results: The Board approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026. The results were reviewed by the statutory auditors, MSKA & Associates LLP, and are enclosed as Annexure-I.

2. Acquisition of Equity Shares: Approved the acquisition of 60,80,000 equity shares of Hobel Bellows Private Limited from Innomech Aerospace Toolings Private Limited (a wholly-owned subsidiary). The acquisition is intended to simplify the group's holding structure and enhance administrative efficiency. Post-acquisition, Hobel Bellows will become a wholly-owned subsidiary of Unimech Aerospace. Additional information as required by SEBI regulations will be submitted post-completion.

3. Promotion and Transfer of Senior Management: Approved the promotion and change in designation of Mr. Prathap B. Naidu from Assistant General Manager to General Manager, effective November 1, 2026. Concurrently, as part of an internal group restructuring, Mr. Naidu was transferred to Innomech Aerospace Toolings Private Limited and ceased to be a Senior Management personnel of Unimech Aerospace from the same date. Details are provided in Annexure-II.

The Board meeting commenced at 1:00 PM and concluded at 8:00 PM.

Standalone Unaudited Financial Results (Key Figures in ₹ Lakhs)

For the Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: 1,695.36
  • Other Income: 709.70
  • Total Income: 2,405.06
  • Total Expenses: 1,359.83
  • Profit Before Tax (PBT): 1,045.23
  • Total Tax Expense: 192.64
  • Profit After Tax (PAT): 852.59
  • Other Comprehensive Income/(Loss): (11.47)
  • Total Comprehensive Income: 841.12
  • Paid-up Equity Share Capital: 2,545.10 (Face Value ₹5 per share)
  • Earnings Per Share (EPS) (Basic): ₹1.68; (Diluted): ₹1.67

Half-Year Ended September 30, 2026 (H1 FY27):

  • Revenue from Operations: 2,154.42
  • Other Income: 1,688.02
  • Total Income: 3,842.44
  • Total Expenses: 2,497.18
  • Profit Before Tax (PBT): 1,345.26
  • Total Tax Expense: 272.52
  • Profit After Tax (PAT): 1,072.74
  • Other Comprehensive Income/(Loss): (8.80)
  • Total Comprehensive Income: 1,063.94
  • Earnings Per Share (EPS) (Basic): ₹2.11; (Diluted): ₹2.11

Comparative Figures (Q2 FY26):

  • PAT for Q2 FY26 was ₹593.74 Lakhs. Thus, PAT for Q2 FY27 (₹852.59 Lakhs) represents a 43.6% increase Year-on-Year (YoY).

Standalone Balance Sheet (Key Figures as of September 30, 2026, in ₹ Lakhs)

  • Total Assets: 60,611.58 (vs. 57,857.21 on Mar 31, 2026)
  • Non-Current Assets: 37,367.28 (Significant increase in Investments: ₹15,264.82 vs. ₹173.82, and Loans: ₹10,862.11 vs. ₹4,058.73)
  • Current Assets: 23,244.30 (Includes Cash & Cash Equivalents: ₹4,064.75)
  • Total Equity: 56,322.16 (vs. 55,108.40 on Mar 31, 2026)
  • Total Liabilities: 4,289.42 (vs. 2,748.81 on Mar 31, 2026)

Standalone Cash Flow (H1 FY27, in ₹ Lakhs)

  • Net Cash Used in Operating Activities: (2,299.14)
  • Net Cash from Investing Activities: 3,382.64
  • Net Cash from Financing Activities: 963.33
  • Net Increase in Cash: 2,046.84

Explanatory Notes to Standalone Results

1. The results are prepared per Ind AS and reviewed by statutory auditors.

2. The company operates primarily in one segment: manufacture and sale of tools and flexible engineering products for civil, defence aerospace, and general engineering.

3. During the quarter, the company acquired 850 equity shares of Dheya Engineering Technologies Private Limited for ₹299.82 Lakhs. Post this and a capital raise by Dheya, Unimech's holding stands at 27.24%.

4. Subsequent to the quarter, on October 1, 2026, the company made an Overseas Direct Investment (ODI) of ₹3,935.72 Lakhs for a 51% stake in Kanoo Unimech Advanced Manufacturing Solutions, KSA.

5. The Board approved the Hobel Bellows acquisition on October 27, 2026 (as mentioned above).

Consolidated Unaudited Financial Results (Key Figures in ₹ Lakhs)

For the Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: 12,299.83
  • Other Income: 697.79
  • Total Income: 12,997.62
  • Total Expenses: 8,506.94
  • Profit Before Tax (PBT): 4,490.68
  • Total Tax Expense: 1,237.85
  • Share of Loss from Associate (Dheya): (75.35)
  • Profit After Tax (PAT): 3,177.48
  • Total Comprehensive Income: 3,149.13
  • PAT Attributable to Equity Shareholders: 3,177.74
  • Paid-up Equity Share Capital: 2,545.10
  • Earnings Per Share (EPS) (Basic): ₹6.24; (Diluted): ₹6.24

Half-Year Ended September 30, 2026 (H1 FY27):

  • Revenue from Operations: 23,061.88
  • Other Income: 1,430.64
  • Total Income: 24,492.52
  • Total Expenses: 16,332.99
  • Profit Before Tax (PBT): 8,159.53
  • Total Tax Expense: 2,106.53
  • Share of Loss from Associate (Dheya): (89.15)
  • Profit After Tax (PAT): 5,963.85
  • Total Comprehensive Income: 5,926.24
  • PAT Attributable to Equity Shareholders: 5,964.16
  • Earnings Per Share (EPS) (Basic): ₹11.72; (Diluted): ₹11.71

Consolidated Balance Sheet (Key Figures as of September 30, 2026, in ₹ Lakhs)

  • Total Assets: 1,07,958.31 (vs. 92,354.73 on Mar 31, 2026)
  • Significant increase includes Goodwill: ₹32,199.15 (new)
  • Total Equity: 79,816.18 (vs. 73,739.01 on Mar 31, 2026)
  • Total Liabilities: 28,142.13 (vs. 18,615.72 on Mar 31, 2026)

Explanatory Notes to Consolidated Results

1. The consolidated results include Unimech, its subsidiaries (Innomech, Unimech Global, Uniflux Renewable, Hobel Bellows Pvt Ltd, Hobel Bellows Co.), and associate (Dheya, 27.24% stake).

2. The group operates primarily in one segment.

3. During the quarter, 45,114 equity shares were allotted under the Employee Stock Option Plan.

4. Subsequent events (ODI on Oct 1, Hobel acquisition approval on Oct 27) are the same as for standalone.

Management Change Details (Annexure-II)

  • Name: Mr. Prathap B. Naidu
  • Reason for Change: Promotion from Assistant General Manager to General Manager based on expanded role requirements for the Toolings Division. Subsequent transfer to subsidiary Innomech Aerospace Toolings Private Limited.
  • Date of Cessation as Senior Management of Unimech: November 1, 2026
  • Relationships: Mr. Naidu has no relationship with the Directors of the Company.

Auditor's Review

Statutory Auditors, MSKA & Associates LLP, issued a limited review report stating that based on their review, nothing has come to their attention that causes them to believe that the financial results are not prepared per Ind AS 34 and SEBI Regulations and do not contain any material misstatement. This applies to both standalone and consolidated results.