| Market Cap | ₹278.08 CrCap size |
|---|---|
| Revenue TTM | ₹846.44 CrOperating |
| P/E TTM | -12.95Sector: 30.88 |
| RSI | 39.01Neutral zone |
| Metric | Q2-27 | Q1-27 | Q2-26 |
|---|---|---|---|
| Revenue from Operations | 231 | 203 | 194 |
| Other Income | 1.1 | 1.7 | 2.9 |
| Total Income | 232 | 205 | 197 |
| Profit Before Tax | 11.1 | 7.9 | -4.8 |
| Net Profit | 8.2 | 5.8 | -6.0 |
| Operating Margin | 4.8% | 3.9% | -2.4% |
| Net Profit QoQ | +41.4% | ||
| Net Profit YoY | +236.7% | ||
| Adj. Profit QoQ | +61.3% | ||
| Adj. Profit YoY | +229.9% | ||
Key highlights
- Net profit turned positive at ₹8.2 crore from a consolidated loss of ₹6.0 crore in Q2-26
- Consolidated revenue from operations grew to ₹231 crore, up from ₹194 crore in the year-ago quarter
- Operating margins expanded to 4.8% against a negative 2.4% in Q2-26
- Total consolidated income reached ₹232 crore, including ₹1.1 crore in other income
- The company maintains a steady 70.28% promoter holding with zero pledges
- Standalone revenue for the quarter stood at ₹228.94 crore
Consolidated Recovery and Margin Turnaround
Ucal Ltd witnessed a significant recovery in its consolidated bottom line for the quarter ended September 30, 2026. The company reported a net profit of ₹8.2 crore, marking a turnaround from the ₹6.0 crore loss recorded in the corresponding quarter of the previous year. This performance was underpinned by a 19% growth in revenue from operations, which rose to ₹231 crore.
Operating margins improved to 4.8%, a stark contrast to the negative 2.4% margin seen in Q2-26. Total income for the quarter stood at ₹232 crore, even as other income decreased from ₹2.9 crore to ₹1.1 crore year-on-year.
Segment Concentration and Subsidiary Footprint
- Ucal continues to operate exclusively within the Automotive Components segment
- Consolidated results include wholly owned Indian subsidiary UCAL Polymer Industries Limited
- The group includes US-based step-down subsidiary UPIL USA, Inc. through its polymer unit
- Total expenses for the quarter reached ₹220.59 crore, up from ₹202.18 crore YoY
- Finance costs for the consolidated entity stood at ₹6.43 crore for the period
- Employee benefit expenses were recorded at ₹20.02 crore during the quarter
Market Valuation and Ownership Structure
The company's current market capitalization stands at ₹278.08 crore, with a stable promoter holding of 70.28%. Despite the quarterly profit, the Price-to-Earnings (P/E) ratio on a trailing twelve-month basis remains negative at -12.95, following annual losses in previous cycles. The stock's Relative Strength Index of 39.01 suggests it is trading near the oversold territory.
On a yearly basis, the stock price has seen a marginal decline of 3.02%. The re-appointment of Abhaya Shankar as a Non-Executive Director is set to take effect in November 2026, as per previous corporate approvals.
| Date | Announcement | Amount |
|---|---|---|
| 13 Aug 2026 | Q1 FY27 Consolidated Revenue from OperationsSource: nivatawealth.in | ₹203.15 Cr |
| 27 May 2026 | Q4 FY26 Consolidated Revenue from OperationsSource: kalkine.co.in | ₹233.47 Cr |
| 12 Feb 2026 | Q3 FY26 Consolidated Revenue from OperationsSource: responsiveweb.acesphereonline.com | ₹198.52 Cr |
| 10 Nov 2025 | Q2 FY26 Consolidated Revenue from OperationsSource: hdfcsky.com | ₹211.30 Cr |
| 13 Aug 2025 | Q1 FY26 Standalone Revenue from OperationsSource: BSE filing | ₹139.60 Cr |
| 30 May 2025 | Q4 FY25 Standalone Revenue from OperationsSource: NSE filing | ₹150.14 Cr |
What to watch next
- Re-appointment of Non-Executive Director Abhaya Shankar effective November 13, 2026
- Third-quarter FY27 financial result announcement expected in February 2027
- Monitoring performance of US step-down subsidiary UPIL USA, Inc. under current market conditions
| Share price | ₹125.75 |
|---|---|
| Market capitalisation | ₹278.08 Cr |
| Revenue (annual) | ₹837.82 Cr |
| Net profit (annual) | -₹33.32 Cr |
| Revenue (latest quarter) | ₹203.15 Cr-12.99% vs previous quarter |
| Net profit (latest quarter) | ₹5.84 Cr+144.37% vs previous quarter |
| P/E (TTM) | -12.95×Sector 30.88× |
| Promoter holding | 70.28%0.00% QoQ |
| FII holding | 0.01%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Ucal Ltd announcing its unaudited consolidated financial results for the quarter ended September 30, 2026. Market figures from a third-party data provider.
