BSE: 500014
UTIQUE ENTERPRISES LIMITED
Trades in precious metals and in derivatives on recognised Indian stock exchanges, with revenue from operations of ₹10,561.63 lakh in FY26 against ₹10,259.08 lakh in FY25. Quarterly revenue is highly volatile — Q3 FY26 revenue from operations fell to ₹557.48 lakh, while Q2 FY26 stood at ₹2,331.76 lakh. Profit after tax for FY26 was ₹302.55 lakh (FY25: ₹279.42 lakh), giving basic and diluted EPS of ₹0.65. The reported cost lines are thin: employee costs at 1.9% of revenue, other operating expenses at 2.9% and depreciation at 0.6%, with materials and capex both shown at 0.0% of revenue. The company is BSE-only listed, headquartered in Lower Parel, Mumbai, and in 2026 had two promoter entities reclassified to the public category. Filings describe the business as general trading of precious metals and derivatives trading, and note that this segment operates on inherently thin margins. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Precious metals trading, Derivatives trading. Thin-margin, market-driven trading of precious metals and exchange-traded derivatives
Exhibit 1: Financial summary, FY20–FY21 (all audited; no estimate years)
| ₹ crore · consolidated | FY20 | FY21 |
|---|---|---|
| Revenue | 3 | 2 |
| EBITDA (ex other income) | (2) | (2) |
| margin % | (63.2) | (86.7) |
| Owners' profit | 0 | 2 |
| EPS, as reported (₹) | 0.53 | 0.44 |
| ROE % · ROCE % | 14.7 · 8.3 | 10.8 · 6.4 |
| Debt / equity (x) | 0.00 | 0.00 |
| Cash from operations | — | 2 |
| Capex | — | — |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q4 FY20 | Q1 FY21 | Q2 FY21 | Q3 FY21 | Q4 FY21 | Q1 FY22 | Q2 FY22 | Q3 FY22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 0 |
| Profit before tax | (0) | 0 | (0) | 2 | (0) | 1 | (0) | 3 |
| Net profit | (0) | 0 | (0) | 2 | (0) | 1 | (0) | 3 |
| EPS (₹) | (0.02) | 0.04 | (0.01) | 0.44 | (0.04) | 0.15 | (0.03) | 0.50 |
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. % |
|---|---|---|---|---|---|---|---|---|
| DECCAN GOLD MINES LTD. | 3,414 | — | 6.88 | — | (13.0) | (15.4) | — | (218.7) |
| Nanavati Ventures Limited | 36 | 119.7 | — | — | — | 0.7 | — | — |
| SPARKLE GOLD ROCK LIMITED | 31 | 7.6 | 5.95 | — | 78.6 | 99.4 | — | 7.9 |
| UTIQUE ENTERPRISES LIMITED ◆ | 20 | 6.3 | 0.88 | (3.0) | 2.9 | 1.7 | — | — |
| AMANAYA VENTURES LIMITED | 7 | 13.3 | 1.22 | — | 3.8 | 5.2 | — | 0.1 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 6.3 | 15.9 | 1 of 22 | 100% |
| P/B | 0.9 | 2.7 | 4 of 20 | 84% |
| ROCE | 1.7 | 7.8 | 19 of 24 | 22% |
| ROE | 2.9 | 7.6 | 16 of 20 | 21% |
| Debt / Equity | 0.0 | 0.4 | 1 of 20 | 84% |
| Revenue growth | (100.0) | 13.6 | 21 of 21 | 0% |
| Profit growth | 14.1 | 55.9 | 14 of 20 | 32% |
| Market cap | 20 | 198 | 21 of 24 | 13% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Board to approve September 2026 quarterly results | results | low | — | — |
| 12 Oct 2026 · R&T Agent Certificate on Dematerialization for Q2 FY26-27 | compliance | minimal | — | — |
| 30 Sept 2026 · Trading window closed from Oct 1 until Q2 FY26 results are released | compliance | minimal | — | — |
| 25 Sept 2026 · 40th AGM on Sept 23 2026 - all 3 resolutions passed with over 99.99% approval | board shareholder meetings | low | — | — |
| 23 Sept 2026 · Re-appointment of Whole-Time Director for 5 years | management changes | medium | — | — |
| 23 Sept 2026 · Utique Enterprises holds 40th AGM on Sept 23, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Notice of 40th AGM, remote e-voting and book closure dates | compliance | minimal | — | — |
| 1 Sept 2026 · Notice of 40th AGM and FY26 Annual Report | board shareholder meetings | low | — | — |
| 31 Aug 2026 · 40th Annual Report FY26 filed; AGM set for September 23, 2026 | results | high | — | — |
| 31 Aug 2026 · Notice of 40th AGM on Sep 23, 2026; re-appointment of Whole-Time Director | 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.