Penny Stock Below Rs 120: Small-Cap Defence Company Reports Q1 FY27 Results; PAT Surges 33% YoY as Share Price Trades Near 52-Week Low

On Thursday, Indian equity benchmark indices traded lower, with the benchmark Nifty 50 index falling 84.10 points, or 0.35 per cent, to 24,311.75. Amid the market movement, Uravi Defence share price declined 0.97 per cent to Rs 106.00. The company reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.

Uravi Defence Consolidated Q1 FY27 Results

Uravi Defence and Technology reported consolidated revenue from operations of Rs 10.33 crore in Q1 FY27, compared with Rs 8.36 crore in the corresponding quarter of the previous year, registering a 23.55 per cent YoY growth. Consolidated total income stood at Rs 10.44 crore, compared with Rs 8.57 crore in Q1 FY26, while total expenses increased to Rs 10.42 crore from Rs 8.12 crore in the year-ago quarter. The financial results in the filing are reported in lakhs, except for earnings per share.

Profit before tax (PBT) stood at Rs 84.08 lakh in Q1 FY27, compared with Rs 43.77 lakh in Q1 FY26, registering a 92.07 per cent YoY growth. This included a share of profit of associates of Rs 85.30 lakh during the quarter, compared with no such income reported in the corresponding quarter last year.

Consolidated profit after tax (PAT) stood at Rs 70.49 lakh in Q1 FY27, compared with Rs 52.82 lakh in Q1 FY26, registering a 33.46 per cent YoY growth. The company reported no profit from discontinued operations during Q1 FY27, compared with Rs 20.52 lakh in Q1 FY26.
Also Read - Stock Below Rs 10: This Low PE, High ROCE Small-Cap IT Services Company’s Subsidiary Acquires 100% Stake in Digital Publishing Platform

Automotive Segment Performance

The company's consolidated segment information showed that the automotive segment generated revenue of Rs 10.33 crore in Q1 FY27, compared with Rs 8.36 crore in Q1 FY26. Segment EBITDA stood at Rs 81 lakh, against Rs 131.75 lakh in the corresponding quarter, while segment EBIT stood at Rs 34.58 lakh, compared with Rs 82.22 lakh a year earlier.

The company had reported revenue of Rs 1.66 crore from discontinued operations in Q1 FY26, while no revenue was reported from discontinued operations in Q1 FY27. The result from discontinued operations stood at Rs 20.52 lakh in Q1 FY26, compared with nil in the latest quarter.

The stock is currently trading at Rs 106, close to its 52-week low of Rs 104, while its 52-week high stands at Rs 500. At the current price, the stock is around 78.8 per cent below its 52-week high.

What are your views on Uravi Defence and Technology's Q1 FY27 performance and the qualified conclusion on its consolidated results? Share your thoughts in the comments below.
Disclaimer: The article is for informational purposes only and not investment advice.