UNIVSTAR
Universal Starch-Chem Allied financials
- Market cap
- ₹64 Cr
Quarterly results
Q1 FY27: revenue up 21.4%, net profit up 229.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 91 | 129 | 138 | 121 | 97 +7% | 118 −8% | 152 +10% | 147 +21% |
| EBITDA | -5 | 10 | 8 | 2 | 5 +187% | 10 −7% | 16 +113% | 7 +363% |
| Net profit | -8 | 7 | 3 | -3 | 1 +109% | 5 −25% | 10 +228% | 3 +229% |
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 +20.3% 1Y
1Y: ₹161.5 on 9 Sept 2025 → ₹194.3. High ₹209.55 (24 Jun 2026), low ₹113.1 (30 Mar 2026).
Financials, as filed
Revenue fell 3.7% a year over 2 years, FY24 to FY26. Operating margin widened to 6.6%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹527 Cr | ₹491 Cr | ₹489 Cr |
| Operating profit | ₹20 Cr | ₹18 Cr | ₹32 Cr |
| Operating margin | 3.8% | 3.7% | 6.6% |
| Interest | ₹8 Cr | ₹9 Cr | ₹8 Cr |
| Depreciation | ₹6 Cr | ₹6 Cr | ₹7 Cr |
| Net profit | ₹9 Cr | ₹3 Cr | ₹13 Cr |
| Net margin | 1.6% | 0.7% | 2.7% |
| Cash from operations | ₹19 Cr | ₹23 Cr | ₹17 Cr |
| Free cash flow | ₹10 Cr | ₹4 Cr | ₹15 Cr |
| ROCE | 13.0% | 9.0% | 18.0% |
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 ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Reserves | ₹37 Cr | ₹48 Cr | ₹54 Cr | ₹62 Cr | ₹66 Cr | ₹78 Cr |
| Borrowings | ₹64 Cr | ₹50 Cr | ₹73 Cr | ₹72 Cr | ₹79 Cr | ₹54 Cr |
| Other liabilities | ₹71 Cr | ₹85 Cr | ₹74 Cr | ₹85 Cr | ₹76 Cr | ₹78 Cr |
| Total liabilities | ₹175 Cr | ₹187 Cr | ₹204 Cr | ₹224 Cr | ₹226 Cr | ₹214 Cr |
| Fixed assets | ₹86 Cr | ₹97 Cr | ₹102 Cr | ₹103 Cr | ₹121 Cr | ₹116 Cr |
| Capital work in progress | ₹3 Cr | ₹6 Cr | ₹5 Cr | ₹7 Cr | ₹1 Cr | ₹1 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹86 Cr | ₹83 Cr | ₹97 Cr | ₹114 Cr | ₹103 Cr | ₹97 Cr |
| Total assets | ₹175 Cr | ₹187 Cr | ₹204 Cr | ₹224 Cr | ₹226 Cr | ₹214 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
The ownership split has held steady since Jun 2025. The shareholder count shrank 4% to 2,330.
- Promoters
- 53.9%
- Public
- 46.1%
Since Jun 2025
- Public +0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 53.9%, Public 46.1%.Dec '23: Promoters 53.9%, Public 46.1%.Mar '24: Promoters 53.9%, Public 46.1%.Jun '24: Promoters 53.9%, Public 46.1%.Sep '24: Promoters 53.9%, Public 46.1%.Dec '24: Promoters 53.9%, Public 46.1%.Mar '25: Promoters 53.9%, Public 46.1%.Jun '25: Promoters 53.9%, Public 46.1%.Sep '25: Promoters 53.9%, Public 46.1%.Dec '25: Promoters 53.9%, Public 46.1%.Mar '26: Promoters 53.9%, Public 46.1%.Jun '26: Promoters 53.9%, Public 46.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Universal Starch-Chem Allied Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Jitendrasinh J Rawal | 14.18% | unchanged |
| Om Chamunda Maa Trading Pvt Ltd | 10.92% | unchanged |
| Jaydeosing Jaysing Rawal | 9.25% | unchanged |
| Nayankuwar Jitendrasinh Rawal | 7.77% | unchanged |
| Panchratna Jitendrasinh Rawal | 5.76% | unchanged |
| Jaykumar Jitendrasinh Rawal | 3.88% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 3.59% | unchanged |
| Subhadrakumari Jaykumar Rawal | 3.27% | unchanged |
| Hansarani Ripudamansinh Vaghela | 2.68% | unchanged |
| Binankuwar Jaydeosing Rawal | 2.58% | unchanged |
| Ranjitsingh Shivaji Vaghela | 2.34% | unchanged |
| Chainsing Navalsing Rajput | 1.98% | 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.
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