Universal Autofoundry Limited held its first Board Meeting for FY 2026-27 on Wednesday, 27th May, 2026 at the company's registered office in Jaipur from 03:00 PM to 05:20 PM IST.

Key Board Decisions

1. Financial Results Approval

  • Approved audited financial results for quarter and year ended March 31, 2026
  • Includes Statement of Assets and Liabilities as on March 31, 2026 and cash flow statement for FY ended March 31, 2026
  • Compliance with Regulation 33 of SEBI Listing Regulations
  • Auditor's report reviewed and recommended by Audit Committee
  • Quick Response code and webpage details for financial results to be published in newspapers per Regulation 47
  • Declaration by Mr. Vimal Chand Jain, Chairman and MD, confirming unmodified audit opinion

2. Auditor Appointments

  • Reappointed M/s Shah Patni & Co. (FRN: 001055C) as Internal Auditors for one year from April 01, 2026 to March 31, 2027
  • Reappointed M/s Girdhar Chaudhary & Co. (FRN: 103888) as Cost Auditors for FY 2026-27 with revised remuneration, subject to shareholder ratification at 17th AGM
  • Reappointed M/s Goverdhan Agarwal & Co. (FRN: 006519C) as Statutory Auditors for second term of five consecutive years from conclusion of 17th AGM in 2026 till conclusion of AGM in 2031, subject to shareholder approval

3. Borrowing Limits Increase

  • Approved increase in limit under Section 180(1)(a) of Companies Act, 2013 from ₹100 crore to ₹150 crore (subject to shareholder approval)
  • Approved increase in borrowing limit under Section 180(1)(c) of Companies Act, 2013 from ₹100 crore to ₹150 crore (subject to shareholder approval)

Financial Performance

Statement of Assets & Liabilities (in ₹ lakhs)

  • Total Assets: 16,356.17 (Previous: 14,110.60)
  • Total Equity: 7,194.72 (Previous: 7,540.63)
  • Non-current Liabilities: 3,791.59 (Previous: 1,642.99)
  • Current Liabilities: 5,369.86 (Previous: 4,926.97)
  • Property, Plant & Equipment: 7,263.26 (Previous: 6,113.09)
  • Right-of-use assets: 670.59 (Previous: 0.00)
  • Inventories: 1,973.19 (Previous: 2,352.92)
  • Trade Receivables: 4,553.80 (Previous: 4,039.92)
  • Borrowings (Non-current): 3,025.18 (Previous: 1,552.75)
  • Borrowings (Current): 3,191.29 (Previous: 3,054.32)

Statement of Unaudited Results (in ₹ lakhs)

  • Net Loss for the period: (155.12) (Previous: (308.99))
  • Total Expenses: 6,377.01 (Previous: 5,302.25)
  • Finance Cost: 390.39 (Previous: 330.69)
  • Depreciation & Amortization: 1,152.24 (Previous: 1,040.47)
  • Employee Benefits Expenses: 698.70 (Previous: 770.49)

Cash Flow Statement (in ₹ lakhs)

  • Net Cash from Operating Activities: 773.07 (Previous: 510.06)
  • Net Cash used in Investing Activities: (1,896.90) (Previous: (1,059.29))
  • Net Cash from Financing Activities: 1,102.29 (Previous: 569.85)
  • Net decrease in Cash: (21.53) (Previous: 20.62)

Additional Information

  • Trading window to open after 48 hours of financial results declaration
  • Company engaged in single business segment: Manufacturing & Sale of CI Castings
  • No investor complaints as on March 31, 2026
  • Labour Codes implementation assessed with no material impact on financial statements
  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)