UFLEXNSEUFLEX Limited· PackagingHighNeutral
Announced Thu, 12 Feb · 23:58 IST

UFLEX Limited has informed the Exchange regarding a press release dated February 12, 2026, titled "Earnings Release for the quarter ended December 31, 2025".

Revenue DeclineEbitda Margin ExpansionEbitda Margin CompressionPat Growth 25pctExceptional ItemResults View source PDFExplain this filing

UFLEX · price

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Price reaction · full curve 14 horizons · vs prior close
-8.0%1-day move
₹510.00
prior close
₹475.00
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AI summary

UFLEX reported Q3 FY26 consolidated revenue of Rs. 36,329 million, down 3.8% YoY and 5.9% QoQ, mainly due to lower packaging film realisations and volumes. Normalized EBITDA stood at Rs. 4,395 million, down 16.1% YoY but up 12.8% QoQ, with margins expanding 200 basis points sequentially to 12.1% as raw material and import pressures eased. Consolidated Q3 PAT fell to Rs. 361 million from Rs. 1,368 million a year ago, hit by higher finance costs, depreciation, and a Rs. 125 million one-time employee benefit provision. On a 9M FY26 basis, revenue was largely flat at Rs. 114,157 million (+0.8% YoY), while the company swung back to a net profit of Rs. 1,211 million versus a Rs. 263 million loss in 9M FY25. The packaging business continued to outperform, with volumes up 7.6% YoY in Q3 and 6.4% YoY in 9M FY26, while aseptic liquid packaging volumes grew 4.4% in 9M FY26. Capex of Rs. 4,342 million in the quarter was directed at aseptic packaging in Egypt, WPP bags in Mexico, and recycling/BOPP capacity in India.

Likely market impact

Shareholders see a mixed quarter: a clear sequential recovery in margins and a full 9M swing back to profit, but weak YoY revenue and PAT comparisons, and rising leverage (Net debt/EBITDA at 4.72x versus 3.21x a year ago) keep the stock in a wait-and-watch zone. New capacity commissioning and gradual price recovery in packaging films will be the key triggers for the next few quarters.