BSE: 507808
UNITED LEASING & INDUSTRIES LT
Operates a textile embroidery business alongside a sports academy segment, classified under 'Other Textile Products' within India's textiles sector. FY26 revenue from operations stood at Rs 714.14 lakhs, against total assets of Rs 13.16 crore and a net worth of Rs 2.54 crore. Materials account for 58.3% of revenue, employee costs 10.0%, and other operating expenses 17.1%, with depreciation at 8.5% and capex at 2.6% of revenue. The company is listed only on BSE with paid-up equity capital of Rs 3 crore. The statutory auditor has flagged a qualified opinion due to uncertainty around the carrying value of a land parcel at Rs 357.05 lakhs, last revalued in FY 2021-22, which may be affected by green belt or road widening regulations. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Textile embroidery, Sports academy. Small textile products business with materials-heavy cost structure
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 5 | 10 | 7 | 8 | 7 |
| EBITDA (ex other income) | 1 | 1 | 1 | 1 | 1 |
| margin % | 27.0 | 12.6 | 12.6 | 12.1 | 13.2 |
| Owners' profit | 1 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 1.89 | 1.43 | 0.28 | 0.38 | 0.10 |
| ROE % · ROCE % | 9.1 · 10.9 | 6.4 · 8.2 | 1.2 · 3.2 | 1.6 · 5.4 | 0.4 · 4.0 |
| Debt / equity (x) | 0.97 | 0.65 | 0.82 | 0.74 | 0.73 |
| Cash from operations | 0 | 0 | 0 | (0) | 0 |
| Capex | (1) | 0 | (0) | (0) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 2 | 2 | 2 | 1 | 2 | 3 | 1 |
| Profit before tax | 0 | 0 | 0 | (0) | 0 | (0) | 0 | 0 |
| Net profit | 0 | 0 | 0 | (0) | (0) | (0) | 0 | (0) |
| EPS (₹) | 0.35 | 0.47 | 0.15 | (0.61) | 0.01 | (0.26) | 0.40 | 0.03 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 37,325 | 40.9 | 6.55 | 27.0 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 20,367 | 74.1 | 4.09 | 26.1 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 14,669 | 17.0 | 1.39 | 11.3 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 10,870 | 27.4 | 2.28 | 13.4 | 7.9 | 8.6 | 8.1 | 17.7 |
| INDO COUNT INDUSTRIES LTD | 8,471 | 56.1 | 3.60 | 20.4 | 5.4 | 5.4 | 10.5 | 13.3 |
| GARWARE TECH FIBRES LTD | 7,310 | 35.3 | 5.40 | 22.9 | 14.7 | 18.7 | 8.1 | 20.5 |
| FILATEX INDIA LTD | 4,207 | 22.0 | 2.80 | 11.5 | 12.2 | 13.8 | — | 7.6 |
| SANATHAN TEXTILES LIMITED | 4,178 | 68.8 | 2.23 | 18.6 | 4.1 | 3.5 | — | 8.4 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 163.9 | 16.8 | 170 of 179 | 5% |
| P/B | 1.3 | 1.1 | 95 of 185 | 48% |
| ROCE | 0.7 | 4.3 | 156 of 215 | 28% |
| ROE | 0.4 | 4.7 | 147 of 188 | 22% |
| Debt / Equity | 0.7 | 0.4 | 128 of 188 | 32% |
| EBITDA margin | 20.5 | 9.8 | 28 of 198 | 86% |
| Revenue growth | (40.2) | 6.9 | 176 of 192 | 8% |
| Profit growth | 95.6 | 20.0 | 58 of 203 | 72% |
| Market cap | 9 | 61 | 202 of 223 | 10% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 15 Oct 2026 · Quarterly compliance certificate for share dematerialization filed with BSE | compliance | minimal | — | — |
| 1 Oct 2026 · AGM 2026: All 5 Resolutions Passed, RPTs See Notable Opposition | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Director designation change to Non-Executive Independent Director | management changes | medium | — | — |
| 30 Sept 2026 · 42nd AGM proceedings: FY26 financials, director changes and RPTs tabled | board shareholder meetings | low | — | — |
| 26 Sept 2026 · Trading window closed from Oct 1, 2026 until Q2 FY26 results declaration | compliance | minimal | — | — |
| 7 Sept 2026 · AGM Notice Sent to Shareholders Without Registered Email | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Newspaper ad filed for 42nd AGM notice and e-voting information | compliance | minimal | — | — |
| 5 Sept 2026 · Book closure for 42nd AGM from Sep 24 to Sep 30, 2026 | corporate actions | medium | — | — |
| 5 Sept 2026 · United Leasing files 42nd Annual Report and AGM Notice for FY 2025-26 | board shareholder meetings | low | — | — |
| 5 Sept 2026 · 42nd AGM notice on Sept 30, 2026 - five items including director and related party deals | board shareholder meetings | low | — | — |
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.