Enclosed herewith the outcome of the Board meeting held today i.e., Tuesday, May 19, 2026, under Regulation 30 of the SEBI LODR Regulations, 2015.
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Ultracab (India) Limited reported audited standalone financial results for FY 2025-26. Revenue from operations grew ~8.6% to Rs 26,010.08 lakhs from Rs 23,943.38 lakhs in the prior year. However, profitability declined sharply — profit before tax fell to Rs 742.27 lakhs (vs Rs 1,371.35 lakhs, down ~46%) and profit after tax dropped to Rs 558.81 lakhs (vs Rs 972.15 lakhs, down ~43%). EPS for the year stood at Rs 0.45 versus Rs 0.99 in FY 2024-25. The statutory auditor (Bhavin Associates) issued an unmodified opinion with no qualifications. The board also reappointed its internal auditor, tax auditor, and cost auditor for FY 2026-27.
Revenue grew modestly but profitability fell significantly — net profit dropped 43% year-on-year, which could weigh on the stock. However, an unqualified audit opinion and continued auditor appointments suggest no major governance or accounting red flags.