UCALNSEUCAL LIMITEDHighNeutral
Announced Thu, 12 Feb · 12:37 IST

UCAL LIMITED has submitted to the Exchange, the financial results for the period ended December 31, 2025.

Pat NegativeEbitda Margin CompressionExceptional ItemResults View source PDF

UCAL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

UCAL Limited reported weak Q3FY26 results on February 12, 2026. Standalone revenue from operations grew modestly to ₹16,080.89 lakhs (up ~7% YoY), but standalone profit after tax collapsed to just ₹(4.17) lakhs versus ₹1,807.93 lakhs in Q3FY25, hit by a ₹239.08 lakhs exceptional charge for the new Labour Code gratuity impact. For the nine months ended December 2025, standalone PAT fell ~88% to ₹280.34 lakhs. On a consolidated basis, the picture is far worse: Q3FY26 revenue of ₹19,852.23 lakhs slipped ~2% YoY and the company slipped into a loss of ₹968.91 lakhs (vs profit ₹632.39 lakhs a year ago), while 9MFY26 consolidated loss widened to ₹2,016.83 lakhs. The losses are largely driven by the US subsidiary UCAL Holdings Inc, which posted a net loss of ₹2,095.02 lakhs on income of ₹14,073.25 lakhs. Auditors R. Subramanian and Company LLP issued an unmodified limited review report on both sets of results.

Likely market impact

Shareholders should note a sharp deterioration in profitability, with consolidated results swinging to a loss and standalone earnings nearly wiped out — likely negative for the stock in the near term. The company has also initiated a postal ballot to sell or dilute its US subsidiary and monetize a subsidiary's property, signalling a restructuring push that could reshape the group's future earnings profile.