The Board of Directors of Universal Starch Chem Allied Limited held a meeting on Saturday, 07th November, 2026, commencing at 11:00 am and concluding at 02:30 pm. The Board approved and adopted the standalone un-audited financial results for the quarter and half year ended 30th September, 2026, along with the Limited Review Report issued by the statutory auditor, M.B. Agrawal & Co.

Financial Performance Highlights

Quarter Ended 30th September, 2026 (Unaudited)

  • Revenue from Operations: ₹1,385.142 lakhs
  • Other Income: ₹35.11 lakhs
  • Total Income: ₹1,388.653 lakhs
  • Total Expenses: ₹1,374.851 lakhs
  • Profit Before Tax: ₹138.02 lakhs
  • Tax Expense: ₹6.21 lakhs (Current Tax: ₹22.20 lakhs, Deferred Tax: ₹-15.99 lakhs)
  • Profit After Tax: ₹131.81 lakhs
  • Total Comprehensive Income: ₹132.31 lakhs
  • Basic and Diluted EPS: ₹3.14 per share (face value ₹10)

Half Year Ended 30th September, 2026 (Unaudited)

  • Revenue from Operations: ₹2,859.755 lakhs
  • Other Income: ₹69.61 lakhs
  • Total Income: ₹2,866.716 lakhs
  • Total Expenses: ₹2,806.692 lakhs
  • Profit Before Tax: ₹600.24 lakhs
  • Tax Expense: ₹142.97 lakhs (Current Tax: ₹150.84 lakhs, Deferred Tax: ₹-7.87 lakhs)
  • Profit After Tax: ₹457.27 lakhs
  • Total Comprehensive Income: ₹458.08 lakhs
  • Basic and Diluted EPS: ₹10.89 per share (face value ₹10)

Comparative Performance

Quarterly Comparison (YoY)

  • Revenue increased from ₹971.369 lakhs (Q2 FY26) to ₹1,385.142 lakhs (Q2 FY27)
  • Net profit increased from ₹75.22 lakhs (Q2 FY26) to ₹132.31 lakhs (Q2 FY27)

Half-Yearly Comparison (YoY)

  • Revenue increased from ₹2,185.788 lakhs (H1 FY26) to ₹2,859.755 lakhs (H1 FY27)
  • Net profit turned positive from loss of ₹174.50 lakhs (H1 FY26) to profit of ₹458.08 lakhs (H1 FY27)

Balance Sheet Position as at 30th September, 2026

Assets

  • Total Assets: ₹20,278.80 lakhs (vs ₹21,410.83 lakhs as at 31st March, 2026)
  • Non-current Assets: ₹11,978.94 lakhs (Property, Plant & Equipment: ₹11,241.60 lakhs)
  • Current Assets: ₹8,299.86 lakhs (Inventories: ₹2,675.87 lakhs, Trade Receivables: ₹4,033.57 lakhs)

Liabilities and Equity

  • Total Equity: ₹8,722.17 lakhs (Equity Share Capital: ₹420.00 lakhs, Other Equity: ₹8,302.17 lakhs)
  • Non-current Liabilities: ₹4,440.00 lakhs (Borrowings: ₹2,615.64 lakhs)
  • Current Liabilities: ₹7,116.63 lakhs (Borrowings: ₹464.21 lakhs, Trade Payables: ₹4,417.98 lakhs)

Cash Flow Statement (Half Year Ended 30th September, 2026)

  • Net cash generated from operating activities: ₹3,296.48 lakhs
  • Net cash used in investing activities: ₹(242.51) lakhs
  • Net cash used in financing activities: ₹(2,545.54) lakhs
  • Net increase in cash and cash equivalents: ₹508.43 lakhs
  • Cash and cash equivalents at end of period: ₹986.15 lakhs

Additional Notes

1. The results were reviewed by the Audit Committee and taken on record by the Board of Directors after limited review by the auditors.

2. Financial results prepared in accordance with Indian Accounting Standards (Ind AS).

3. The company is primarily engaged in manufacturing maize products and reports as a single segment.

4. Figures for previous periods have been regrouped/rearranged where necessary.

5. The company has accounted for the potential impact of new labor codes enacted by the Government of India, though implementation details are still pending.