Highest Ever Dividend: Alloy Steel Casting Company Reports FY26 Results; PAT Surges 734% After Thane Land Sale
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Uni Abex Alloy Products posted strong Q4 and FY26 earnings, with higher operating profit and a Rs 27,353 lakh exceptional gain from selling its Thane investment property, resulting in a multi-fold increase in net profit.
✨ Key Takeaways
On Wednesday, the Indian equity benchmarks ended marginally lower, with the benchmark Nifty 50 index declining 0.03 per cent to close at 23,907.15. Industrial engineering and specialty alloy stocks remained in focus amid quarterly earnings announcements and dividend declarations. In this segment, Uni-Abex Alloy Products share price ended 1.09 per cent lower at Rs 3,931.05 on May 27, 2026, compared with the previous close of Rs 3,974.35.
Uni-Abex reports strong Q4FY26 earnings
Uni-Abex Alloy Products Limited reported revenue from operations of Rs 78.29 crore for Q4FY26, compared with Rs 60.14 crore in the corresponding quarter previous year, registering year-on-year growth of 30.17 per cent. Total income increased 29.85 per cent to Rs 81.33 crore from Rs 62.63 crore in Q4FY25.
Total expenses during the quarter rose 20.49 per cent to Rs 55.56 crore from Rs 46.11 crore in the year-ago period. Profit before exceptional item and tax increased 56 per cent to Rs 25.77 crore from Rs 16.52 crore in Q4FY25.
During the quarter, the company recorded an exceptional gain of Rs 273.53 crore arising from the disposal of its investment property situated at Thane, Maharashtra. The property was sold for total consideration of Rs 280.19 crore.
Following the exceptional gain, profit before tax surged 1,711.74 per cent to Rs 299.30 crore from Rs 16.52 crore in the corresponding quarter last year. Net profit for Q4FY26 stood at Rs 257.63 crore compared with Rs 12.64 crore in Q4FY25, reflecting growth of 1,938.21 per cent year-on-year.
Uni-Abex FY26 performance
For FY26, revenue from operations increased 13.31 per cent to Rs 218.78 crore from Rs 193.09 crore in FY25. Total income rose 14.10 per cent to Rs 228.28 crore compared with Rs 200.07 crore in the previous financial year.
Total expenses for FY26 increased 11.70 per cent to Rs 172.97 crore from Rs 154.85 crore in FY25. Profit before exceptional item and tax rose 22.31 per cent to Rs 55.31 crore from Rs 45.22 crore in the previous year.
Including the exceptional gain, profit before tax increased 627.20 per cent to Rs 328.84 crore from Rs 45.22 crore in FY25. Net profit for FY26 stood at Rs 279.86 crore compared with Rs 33.57 crore in FY25, registering year-on-year growth of 733.56 per cent.
Uni-Abex Board recommends Rs 100 dividend
The Board of Directors recommended a final dividend of Rs 40 per equity share of face value Rs 10 each for FY26. Additionally, the board recommended a special dividend of Rs 60 per share following the Thane land sale. Accordingly, the total dividend recommended for FY26 stands at Rs 100 per equity share, representing 1,000 per cent of face value, subject to shareholder approval at the upcoming Annual General Meeting.
About Uni-Abex Alloy Products
Uni-Abex Alloy Products Ltd, part of the Neterwala Group, manufactures high-performance alloy castings and assemblies used in industrial applications including refineries, steel, fertiliser and furnace manufacturing. The company operates a manufacturing facility at Dharwad, Karnataka, and specialises in static and centrifugal castings in heat and corrosion resistant alloys.
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Disclaimer: This article is for informational purposes only and not investment advice.