NSE: UMIYA-MRO · BSE: 532376
UMIYA BUILDCON LIMITED
Sells telecom equipment and provides related solutions, and also earns revenue from real estate. In FY26 (period ending 31 March 2026), the Product segment made up 46.0% of segment revenue at Rs 24.91 crore, Real estate contributed 31.6% at Rs 17.14 crore, and Solutions 22.4% at Rs 12.15 crore. Real estate was the largest profit contributor in FY26 with segment EBIT of Rs 17.14 crore, ahead of Product at Rs 8.32 crore and Solutions at Rs 8.16 crore. Total FY26 revenue from operations was Rs 72.37 crore against net profit of Rs 42.19 crore. The cost shape shows other operating expenses at 132.3% of revenue, materials at 33.5%, employee costs at 14.0% and depreciation at 4.8%, with capex at 8.2% of revenue. Q1 FY27 (quarter to 30 June 2026) standalone revenue from operations was Rs 1,635.96 lakhs. The company was formerly known as MRO-TEK Realty; an AGM notice for 13 August 2026 proposes renaming it back to MRO-TEK Networks Limited, along with raising the CMD pay cap from Rs 2 crore to Rs 12 crore a year and lifting related-party deal limits with Umiya Buildtek to Rs 150 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Product (46%), Real estate (32%), Solutions (22%). Mixed business combining small-scale telecom equipment and solutions with a real estate arm that drives the bulk of segment profit.
Exhibit 1: Financial summary, FY23–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 33 | 35 | 49 | 72 |
| EBITDA (ex other income) | 3 | 7 | 19 | 26 |
| margin % | 9.9 | 19.9 | 39.0 | 35.9 |
| Owners' profit | (4) | 3 | 0 | 42 |
| EPS, as reported (₹) | (2.01) | 1.78 | 3.13 | 22.58 |
| ROE % · ROCE % | (5.7) · 1.4 | 4.8 · 6.4 | 7.2 · 8.9 | 36.6 · 28.0 |
| Debt / equity (x) | 1.22 | 1.69 | 1.56 | 1.09 |
| Cash from operations | 10 | 11 | (17) | 0 |
| Capex | (0) | (7) | (1) | (6) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13 | 12 | 13 | 13 | 21 | 15 | 21 | 16 |
| Profit before tax | 2 | 3 | 1 | 39 | 9 | 1 | 2 | 1 |
| Net profit | 2 | 2 | 0 | 31 | 7 | 1 | 1 | 0 |
| EPS (₹) | 1.04 | 1.11 | 0.18 | 16.82 | 3.59 | 0.54 | 0.33 | 0.13 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| product | 13 | 18.5 |
| Real estate | 4 | 6.3 |
| solutions | 4 | 5.4 |
| Product | 20 | 28.8 |
| Real-Estate | 4 | 5.6 |
| Solutions | 11 | 15.8 |
| Real Estate | 14 | 19.6 |
| Total, before eliminations | 69 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| TAMILNADU TELECOMMUNICATI | 41,188 | — | — | — | 7.7 | 8.5 | — | — |
| ITI LTD | 21,318 | 56.2 | 11.19 | 40.4 | 15.4 | 14.0 | (1.6) | 2.4 |
| TEJAS NETWORKS LIMITED | 7,468 | — | 2.55 | — | (31.0) | (37.1) | 15.9 | (22.7) |
| OPTIEMUS INFRACOM LTD | 6,529 | 89.1 | 7.94 | 55.0 | 8.0 | 7.0 | 57.7 | 4.7 |
| KAVVERI DFS & WIR TEC LTD | 502 | — | 4.49 | 335.6 | 1.1 | 1.1 | 10.2 | (77.3) |
| UMIYA BUILDCON LIMITED ◆ | 168 | 19.6 | 1.46 | 4.2 | 36.6 | 23.3 | — | 29.5 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 19.6 | 20.5 | 10 of 21 | 55% |
| P/B | 1.5 | 4.5 | 6 of 21 | 75% |
| ROCE | 23.4 | 10.2 | 5 of 27 | 85% |
| ROE | 36.6 | 12.9 | 1 of 21 | 100% |
| Debt / Equity | 1.1 | 0.3 | 18 of 21 | 15% |
| EBITDA margin | 29.5 | 20.0 | 10 of 28 | 67% |
| Revenue growth | 27.3 | 9.6 | 10 of 29 | 68% |
| Profit growth | (99.3) | 36.6 | 27 of 28 | 4% |
| Market cap | 168 | 2310 | 22 of 30 | 28% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Promoter Umiya Holding adds 12,000 shares, lifting stake to 38.91% | ownership changes | high | — | — |
| 27 Oct 2026 · Umiya Holding buys 500 MRO-TEK shares, raising promoter stake to 38.85% | ownership changes | medium | — | — |
| 24 Oct 2026 · Umiya Holding files shareholding disclosure under SEBI takeover rules | compliance | minimal | — | — |
| 23 Oct 2026 · Promoter holding rises marginally to 38.85% after open-market acquisition | compliance | minimal | — | — |
| 12 Oct 2026 · Q2 FY27 results: revenue up 78% YoY, PAT down 60% on lower one-time gains | results | high | — | — |
| 8 Oct 2026 · Routine Compliance: SEBI Reg 74(5) Certificate for Q2 FY27 | compliance | minimal | — | — |
| 6 Oct 2026 · Board meeting on Oct 12, 2026 to approve Q2 and H1 FY27 results | board shareholder meetings | low | — | — |
| 5 Oct 2026 · Promoter group entity acquires 500 shares of Umiya Buildcon via encumbrance | ownership changes | medium | — | — |
| 30 Sept 2026 · Promoter group Umiya Holding buys 500 shares of Umiya Buildcon via open market | ownership changes | medium | — | — |
| 29 Sept 2026 · Promoter entity Umiya Holding buys 500 shares of Umiya Buildcon | ownership changes | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.