Board Meeting Details

The Board of Directors meeting was held on November 04, 2026, commencing at 06:00 PM IST and concluding at 06:19 PM IST. The meeting approved the unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026, as recommended by the Audit Committee.

Financial Results Overview

Standalone Performance (₹ in Millions)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹2,143.62
  • Other income: ₹440.13
  • Total Income: ₹2,583.75
  • Profit before tax: ₹698.23
  • Tax expense: ₹82.25
  • Profit for the period: ₹615.98
  • Basic EPS: ₹13.64 (not annualized)
  • Diluted EPS: ₹13.60 (not annualized)

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹4,059.31
  • Other income: ₹524.33
  • Total Income: ₹4,583.64
  • Profit before tax: ₹1,003.30
  • Tax expense: ₹157.31
  • Profit for the period: ₹845.99
  • Basic EPS: ₹18.73 (not annualized)
  • Diluted EPS: ₹18.68 (not annualized)

Consolidated Performance (₹ in Millions)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹3,785.10
  • Other income: ₹51.96
  • Total Income: ₹3,837.06
  • Profit before tax: ₹728.71
  • Tax expense: ₹184.45
  • Profit for the period: ₹544.26
  • Basic EPS: ₹12.05 (not annualized)
  • Diluted EPS: ₹12.02 (not annualized)

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹7,258.85
  • Other income: ₹130.12
  • Total Income: ₹7,388.98
  • Profit before tax: ₹1,474.27
  • Tax expense: ₹363.92
  • Profit for the period: ₹1,110.35
  • Basic EPS: ₹24.59 (not annualized)
  • Diluted EPS: ₹24.52 (not annualized)

Key Financial Ratios

Standalone Ratios (H1 FY27)

  • Debt Equity Ratio: 0.11
  • Debt Service Coverage Ratio: 18.83
  • Interest Service Coverage Ratio: 30.91
  • Net Worth: ₹5,987.39 million
  • Current Ratio: 2.35
  • Operating Margin: 15.84%
  • Net Profit Margin: 20.84%

Consolidated Ratios (H1 FY27)

  • Debt Equity Ratio: 0.10
  • Debt Service Coverage Ratio: 10.67
  • Interest Service Coverage Ratio: 35.44
  • Net Worth: ₹9,445.15 million
  • Current Ratio: 2.78
  • Operating Margin: 22.78%
  • Net Profit Margin: Not explicitly stated

Cash Flow Statements

Standalone Cash Flows (H1 FY27, ₹ in Millions)

  • Net cash from operating activities: ₹254.71
  • Net cash from investing activities: ₹126.19
  • Net cash used in financing activities: ₹(437.20)
  • Net decrease in cash: ₹(56.30)
  • Closing cash balance: ₹151.37

Consolidated Cash Flows (H1 FY27, ₹ in Millions)

  • Net cash from operating activities: ₹744.46
  • Net cash used in investing activities: ₹(382.14)
  • Net cash used in financing activities: ₹(476.00)
  • Net decrease in cash: ₹(113.68)
  • Closing cash balance: ₹358.94

Significant Events and Notes

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 04, 2026.

2. Statutory Auditors S.C. Varma and Co. conducted a limited review and issued an unmodified review report.

3. The company operates in manufacturing linkage parts and components for off-highway vehicles with no reportable segments.

4. Uniparts USA Limited and step-down subsidiary Uniparts Olsen Inc. received a refund of import tariffs from US Customs and Border Protection (CBP) of ₹12.86 million net, which was previously expensed. This increased Q2 consolidated profit before tax.

5. The consolidated results include wholly-owned subsidiaries: Gripwel Fasteners Private Limited, Uniparts USA Limited, Uniparts India GmbH, Gripwel Conag Private Limited, and step-down subsidiary Uniparts Olsen Inc.

6. The financial statements were prepared in accordance with Ind AS 34 and SEBI LODR Regulations.