Uniparts India Ltd

Uniparts India Ltd – Trading Window Closure from October 01, 2026; ends 48 hours after the declaration of the Unaudited Financial results for the quarter and half year ending September 30, 2026

AGM details

• Date/time/mode: 28 Sep 2026, 04:30 PM IST, via VC/OAVM.
• Record date: 21 Sep 2026.

Resolutions put to vote

• Adoption of standalone financial statements for year ended 31 March 2026.
• Adoption of consolidated financial statements for year ended 31 March 2026.
• First interim dividend of Rs 8.25 per equity share.
• Special interim dividend of Rs 22.50 per equity share.
• Second interim dividend of Rs 7 per equity share.
• Re-appointment of Gurdeep Soni as Executive Director.
• Ratification of remuneration to Vijender Sharma & Co., Cost Auditors.
• Re-appointment of Sanjeev Kumar Chanana as Non-Executive Independent Director.

Voting results

• All resolutions passed with requisite majority; assent about 99.98%, dissent about 0.02%.

Dividends

• First interim dividend: Rs 8.25 per share.
• Special interim dividend: Rs 22.50 per share.
• Second interim dividend: Rs 7 per share.

Director changes

• Gurdeep Soni re-appointed as Executive Director.
• Sanjeev Kumar Chanana re-appointed as Non-Executive Independent Director.

Auditors

• Remuneration of Vijender Sharma & Co., Cost Auditors for FY 2026-27 ratified.

Material related party transactions

• No material related party transactions disclosed.

Other material approvals

• Dividends approvals and director appointments approved.

AGM Details

• Date: 28 Sep 2026; Time: 4:30–5:21 p.m. IST; Mode: VC/OAVM.

Ordinary Business

• Adoption of audited financial statements for FY ending 31 March 2026 and consolidated accounts.
• Confirmation of first interim dividend Rs 8.25, special interim Rs 22.50, and second interim Rs 7.
• Re-appointment of Gurdeep Soni, retiring by rotation.

Special Business

• Ratification of remuneration payable to Vijender Sharma & Co., Cost Auditor, for FY 2026-27.
• Re-appointment of Sanjeev Kumar Chanana as Non-Executive Independent Director for second term (Feb 17, 2027–Feb 16, 2032).

Voting Results

• Results of remote e-voting and Insta Poll to be announced and uploaded on exchanges and company website.

Directors

• Gurdeep Soni re-appointed as director (retiring by rotation).
• Sanjeev Kumar Chanana re-appointed as Non-Executive Independent Director for second term.

ESOS grant details

• The NRC granted 4,623 stock options under ESOS 2023 to eligible employees.
• Grant date/time: August 27, 2026 at 05:38 PM IST.
• Each option converts into one equity share of Rs 10; total shares: 4,623.
• Exercise price: Rs 604.65 per option on exercise.
• Vesting: minimum 1 year, maximum 4 years from grant; no vesting yet.
• Exercise period: up to 3 years from vesting date.
• Options vested: Nil.
• Scheme compliance: ESOS 2023 complies with SEBI SBEB Regulations 2021.
• Diluted EPS impact: Rs 5.08 per share on exercise (based on Q results).
• No options exercised or lapsed to date.

CHRO Appointment

• Type of change: Appointment of Chief Human Resource Officer.
• Person: Mr. Manish Singh appointed as CHRO, Senior Management Personnel.
• Effective date: August 17, 2026.
• Reason: Recommendation of Nomination and Remuneration Committee.
• Profile: 23 years in HR leadership; MBA from FMS Delhi; BE in Electronics & Instrumentation.
• Previous roles: GM-HR at Blue Star Limited; earlier HR & Administration at Usher Agro.
• Disclosure: Relationship with other directors is Not Applicable.
• Board/Committee impact: No changes reported to board composition.

Meeting Details

• 20/08/2026 09:00 a.m. Bangalore — one-to-one in-person meeting with Nimida Capital.
• 20/08/2026 10:30 a.m. Bangalore — one-to-one in-person meeting with Mirabilis Investment.
• 20/08/2026 16:00 p.m. Bangalore — one-to-one in-person meeting with Premji Investment.

Participants

• Company representatives to conduct meetings; specific roles not disclosed.

Purpose

• General investor/analyst interaction; schedule of meetings disclosed.

Additional Notes

• Schedule published on company website.

Financial Performance

• Revenue from operations: INR 347 crores in Q1 FY27, up 27% YoY.
• EBITDA: INR 90 crores, up 55% YoY, 10% QoQ.
• PAT: INR 57 crores, up 64% YoY, 11% QoQ.
• 12-month trailing EPS: INR 39.97.
• Operating cash: INR 44 crores in the quarter.
• Net working capital: 139 days of trailing revenue.
• Net cash position: INR 190 crores at quarter end.
• Capex during quarter: INR 12 crores.

Segment Trends and Channel Mix

• Construction equipment revenue share about 45% of total in Q1 FY27.
• US and Europe infra investments support construction equipment demand.
• Large agricultural equipment demand subdued; recovery expected in CY2027.
• India small agriculture growth aided by subsidies.
• Aftermarket revenue around 12% of revenue; tariff volatility skew.
• Warehouse share trajectory: 52–56% of revenue; Q2 likely in line.

Balance Sheet and Cash Flow

• Net cash at quarter end: INR 190 crores.
• Trailing 12-month working capital days: 139.
• Capex in quarter: INR 12 crores.

Projects and Capex

• Organic capex target: 2.5%–3.5% of revenue.
• Fabrication vertical anticipated to become meaningful in 18–24 months.
• Mexico Phase 2 manufacturing potential.

Guidance and Outlook

• FY27 growth expected to be a couple of percentage points higher than FY26.
• Cycle EBITDA margin around 20%.
• Q2 robust and in line with Q1.
• FY28 outlook tied to ag recovery and industrial demand.

Q&A Highlights

• Acquisitions: evaluating ~6 opportunities; ROCE/ROE accretive in 18–30 months.
• Warehouse mix: 52–56%; Q2 expected in line.
• Mexico revenue mid single-digit million USD in FY27.
• European/US opportunities persist; top customers in ag and construction.

Meeting Details

• 12/08/2026, 11:00 a.m. – Helios AIF; one-to-one in-person meeting.
• 12/08/2026, 12:00 Noon – Bajaj AIF; one-to-one in-person meeting.
• 12/08/2026, 16:00 – CLSA; one-to-one in-person meeting.

Participants

• Company representative: Head Legal, Company Secretary and Compliance Officer.

Purpose

• Purpose: investor/analyst interaction.

Additional Notes

• Schedule subject to change; UPSI will not be shared.
• Information also posted on the company website.