Outcome of Board Meeting held on 27th May, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Uni Abex Alloy Products Ltd reported FY2026 audited results with total income of Rs 22,828 lakhs, up 14% from Rs 20,007 lakhs in FY2025. Operating profit before exceptional items grew 22% to Rs 5,531 lakhs. However, net profit surged 734% to Rs 27,986 lakhs due to a one-time exceptional gain of Rs 27,353 lakhs from selling investment property in Thane, Maharashtra. EPS jumped to Rs 1,417 from Rs 170. The Board recommended total dividend of Rs 100 per share (1,000%) comprising Rs 40 regular dividend and Rs 60 special dividend from land sale proceeds. Mr Nisar Hassan was elevated from COO to CEO. Auditors issued an unmodified (clean) opinion but included an Emphasis of Matter highlighting the land sale.
The stock should see positive sentiment from record profits and generous dividends, but investors should note underlying operating profit growth of 22% excludes the one-time land sale windfall. The 1,000% total dividend signals management confidence and rewards shareholders from exceptional proceeds.