The shares of an Indian company involved in manufacturing static, centrifugal castings and assemblies in heat and corrosion resistant alloys have surged by 19 percent from the previous closing price. The company’s financial results show robust Revenue growth of 80 percent Y-O-Y, and the Net profits are up by 267 percent
The shares of Uni Abex Alloy Products Ltd, with a market capitalization of Rs. 702.90 crores on Thursday. Its shares are trading at a CMP of Rs 3559.00, against the previous closing price of Rs 3127.35. The stock was up by 19 percent intraday, reaching a high of Rs 3721.00 from its previous close.
What Happened
Uni Abex Alloy Products Ltd, a company involved in the business of manufacturing static, centrifugal castings and assemblies in heat and corrosion resistant alloys, announced its results for the Financial year ‘25. Its Revenue grew by 80 percent YoY from Rs 33.6 Crores in Q4FY24 to Rs 60.4 Crores in Q4FY25, and it has increased by close to 43.50 percent QoQ from Rs 42.1 Crores in Q3FY25 to Rs 60.4 Crores in Q4FY25.
Its Net Profit grew by 267 percent YoY from Rs. 3.44 Crores in Q4FY24 to Rs. 12.6 Crores in Q4FY25. The Net profits have grown by 138.18 percent QoQ from Rs. 5.29 Crores in Q3FY25 to Rs. 12.6 Crores in Q4FY25.
The company’s Earnings Before Interest, Depreciation, and Taxes (EBIDT) has also grown by 235 percent YOY from Rs 4.75 crores in Q4FY24 to Rs 15.9 crores in Q4FY25. Its EPS has also grown by 267 percent YOY from Rs. 17.42 in Q4FY24 to Rs. 64.00 in Q4FY25.
The company has recommended a dividend of Rs 35 per Equity share of nominal value of Rs 10 each, which is 350 percent of its nominal value for the Financial Year 2024-25, which will be paid out subject to the approval of shareholders .
Uni Abex Alloy Products Ltd is a leading Indian manufacturer specializing in centrifugal and static castings. The company is part of the Neterwala Group, a diversified conglomerate with interests spanning metallurgy, software, specialty chemicals, engineering, geology, oil & gas, and environmental solutions
Written By Likesh Babu S
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