UNIMECH

Unimech Aerospace and Manufacturing share price & financials

Price
₹1,197.65
Market cap
₹7.4k Cr
Sector
Capital Goods
Calls analysed
6
Latest concall · Q1 FY27 · call held 08 Aug 2026

Unimech Aerospace and Manufacturing Limited Q1 FY27

Revenue ₹108 cr +71%EBITDA Margin 36.5% PAT ₹28 cr +46%PAT Margin 24%

What went well

  • Revenue grew 71% YoY to INR 108 crores, driven by strong demand and Hobel Bellows acquisition.
  • EBITDA margin remained robust at 36.5%, demonstrating operational excellence.
  • PAT grew 46% YoY to INR 28 crores, with a healthy 24% PAT margin.

What to watch

  • Other income significantly reduced to INR 7 crores (from INR 15 crores in Q4 FY26) due to treasury surplus deployment for the Hobel acquisition.
  • Working capital days are projected to increase from 130 to 160 days by year-end due to new business acquisitions and long-cycle programs.
Read the full call →

What Unimech Aerospace and Manufacturing Limited does

Unimech Aerospace designs and manufactures high-precision, mission-critical aero-engine and airframe tooling and ground support equipment used in aircraft manufacturing and MRO, alongside precision machined parts and electro-mechanical sub-assemblies for nuclear, defence, semiconductor and other emerging industries. It works on a build-to-print and build-to-specification model, supplying Tier-1 engine tool licensees, engine and airframe OEMs, MRO shops, nuclear PSUs and defence companies, with an export-led customer base anchored by the USA. The company has extended its platform through a 51:49 joint venture with the Kanoo Group in Saudi Arabia for machining and remanufacturing services to the oil & gas, utilities and mining sectors, and through the acquisition of Hobel Bellows, a manufacturer of metallic bellows and flexible tubing assemblies for the locomotive and power-engine sectors.

Segments

  • Aero Tooling / MRO Tooling / GSE
  • Precision Parts and Assemblies
Manufacturing facilities
3 facilities in Bengaluru, Karnataka (Peenya Industrial Area and Devanahalli/KIADB Aerospace SEZ), plus 1 facility in Visakhapatnam SEZ via the Hobel Bellows acquisition
Total manufacturing area
~2,75,000 sq ft across Bengaluru units (as of Dec 2025)
Employees
806 (as of Dec 2025)
Customers served
35 customers across 7 countries
SKUs delivered
4,511 tooling & precision complex sub-assembly SKUs; 1,094 precision machined part SKUs
Quality certifications
AS9100D, ISO 9001, ISO 45001:2018 across all manufacturing units
Founded 2016Headquarters Bengaluru, Karnataka, IndiaEmployees 806 (December 31, 2025) Company website

Guidance record · Q1 FY27

what the last two calls moved 21 tracked 4 delivered 3 missed 14 open
  • FTWZ Operationalization delivered said Q2 FY26 Promised: Commence operations in Q4 FY26 Q1 FY27: Management mentioned the FTWZ as an existing mitigation for tariff risks, implying it is now operational and has achieved its purpose after a minor delay.
  • FY26 Revenue Growth missed said Q1 FY26 Promised: 35%-40% growth over FY25 (Target: ~324-336 Cr) Q1 FY27: Promise concluded in prior fiscal year; not discussed.
  • Working Capital Days revised down said Q1 FY26 Promised: Increase from 100-110 days to 150-160 days Q1 FY27: Current working capital is 130 days. Management revised guidance upwards (unfavorably) to '160 days plus by end of this year', confirming the expected increase.

All 21 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 71.4%, net profit up 47.4% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue61 54 68 63 62 +2%34 −37%82 +21%108 +71%
EBITDA23 16 28 20 19 −17%2 −87%35 +25%39 +95%
Net profit18 16 29 19 16 −11%2 −87%26 −10%28 +47%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +49.9% 1Y

₹0.8k₹1.0k₹1.2k₹1.4k₹1.6kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 13 Nov 2025Q3 FY26 — 13 Feb 2026Q4 FY26 — 28 Apr 2026Q1 FY27 — 7 Aug 2026

1Y: ₹1,074.3 on 10 Sept 2025 → ₹1,610. High ₹1,629.6 (8 Sept 2026), low ₹706.3 (30 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
+0.4%
8 Aug
Q4 FY26
+8.4%
28 Apr
Q3 FY26
−8.4%
13 Feb
Q2 FY26
−1.8%
13 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue fell 0.4% a year over 1 year, FY25 to FY26. Operating margin narrowed to 31.5%.

Year endingFY25FY26
Revenue₹242 Cr₹241 Cr
Operating profit₹93 Cr₹76 Cr
Operating margin38.4%31.5%
Interest₹4 Cr₹15 Cr
Depreciation₹11 Cr₹26 Cr
Net profit₹84 Cr₹63 Cr
Net margin34.7%26.1%
ROCE22.0%11.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY22FY23FY24FY25FY26
Equity capital₹1 Cr₹1 Cr₹22 Cr₹25 Cr₹25 Cr
Reserves₹27 Cr₹48 Cr₹87 Cr₹681 Cr₹712 Cr
Borrowings₹20 Cr₹24 Cr₹30 Cr₹114 Cr₹127 Cr
Other liabilities₹9 Cr₹20 Cr₹37 Cr₹50 Cr₹59 Cr
Total liabilities₹57 Cr₹93 Cr₹175 Cr₹870 Cr₹924 Cr
Fixed assets₹25 Cr₹29 Cr₹52 Cr₹196 Cr₹198 Cr
Capital work in progress₹3 Cr₹0 Cr₹0 Cr₹12 Cr₹3 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹442 Cr₹480 Cr
Other assets₹29 Cr₹64 Cr₹123 Cr₹221 Cr₹243 Cr
Total assets₹57 Cr₹93 Cr₹175 Cr₹870 Cr₹924 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs trimmed −0.81 pp while the public added +0.53 pp. The shareholder count shrank 1% to 73,718.

Promoters
79.8%
FIIs
0.4%
DIIs
5.6%
Public
14.2%

Since Jun 2025

  • DIIs −0.81 pp
  • Public +0.53 pp
  • FIIs +0.27 pp

How it drifted, 7 quarters

Over this window the public went from 12.0% to 14.2% — +2.1 pp.

Dec '24Sep '25Jun '26

Ownership split by quarter, oldest first. Dec '24: Promoters 79.8%, FIIs 1.6%, DIIs 6.6%, Public 12.0%.Mar '25: Promoters 79.8%, FIIs 0.4%, DIIs 7.8%, Public 12.0%.Jun '25: Promoters 79.8%, FIIs 0.2%, DIIs 6.4%, Public 13.6%.Sep '25: Promoters 79.8%, FIIs 0.2%, DIIs 6.5%, Public 13.4%.Dec '25: Promoters 79.8%, FIIs 0.4%, DIIs 6.5%, Public 13.3%.Mar '26: Promoters 79.8%, FIIs 0.4%, DIIs 6.0%, Public 13.8%.Jun '26: Promoters 79.8%, FIIs 0.4%, DIIs 5.6%, Public 14.2%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Unimech Aerospace and Manufacturing Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Puttan Anil Kumar 26.24%unchanged
Ramakrishna Kamojhala 14.37%unchanged
Rajanikanth Balaraman 14.37%unchanged
Mani Puttan 14.37%unchanged
Venkatesh Shimoga Preetham 9.58%unchanged
Evolvence India Fund Iv Ltd 2.88%unchanged
Valuequest S C A L E Fund AIF2.63%−0.25 pp
Vq Fastercap Fund AIF2.26%unchanged
Rasmi Muraleedharan 0.90%unchanged
Mamata Kumar 0.00%unchanged
Smitha K 0.00%unchanged
Saritha Anilkumar 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth trap

To justify its price of ₹1610, this stock must grow earnings at 55% every year for 7 years. Our analysis caps realistic growth at ~-28%. At that growth it is worth ₹23 — downside of 99%.

Growth the price implies
55.2% a year
for 7 years, fading to 4%
It has actually compounded at
-25.0% a year
net profit, FY25–FY26 · EPS -28.0%
The gap
0.8 pp
-99% downside if it only repeats history
Price today ₹1,610 Value at the reference growth ₹23.3

Change the assumptions yourself →

All earnings calls (5)

Read the Q1 FY27 call →

Learn to analyse Unimech Aerospace and Manufacturing Limited

Guides on how to read this kind of business and the numbers that matter.