Unimech Aerospace and Manufacturing Ltd
UNIMECH NSE
Unimech Aerospace and Manufacturing Ltd
IndustrialsNSE: UNIMECH BSE: 544322 Aerospace & Defense
Key Fundamentals
MicrocapEngineeringAerospace & DefenseMarket Cap
₹7,693 Cr
Volatility
High Risk
P/E Ratio
107.16
EBITDA
₹122 Cr
Return on Equity
8.64%
Debt to Equity
0.17
Book Value
₹144.87
52W High
₹1,555
52W Low
₹695
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Unimech Aerospace and Manufacturing Ltd insights
37 extracted metrics + investor summaries across FY22–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company is expected to give good quarter
Weaknesses
3- Stock is trading at 10.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.42.9 Cr.
Growth Rate
Revenue Growth
7.40% ↘
Net Income Growth
-23.71% ↘
Cash Flow Change
-25.61% ↘
ROE
-30.82% ↘
ROCE
-17.28% ↘
EBITDA Margin (Avg.)
-2.68% ↗
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 18d agoAI opinion · based on fundamentals
Risk high
Unimech Aerospace and Manufacturing Ltd is a small-cap precision engineering company serving aerospace and defence clients, trading at a PE of ~94.5x and 8.1x book value with a market cap of roughly ₹6,124 crore. The company delivered strong 3-year revenue CAGR of 37% and profit CAGR of 41%, but FY26 saw flat revenue (-1% TTM) and an 18% TTM profit decline, while working capital days ballooned from 260 to 649 days.
Bull Case 8
- Order book tripled from ~₹93 crore in March 2025 to ₹314 crore as of May 2026, providing strong forward revenue visibility
- 3-year compounded sales CAGR of 37% demonstrates rapid topline scaling from ₹36 crore (FY22) to ₹240 crore (FY26)
- 3-year compounded profit CAGR of 41% indicates strong earnings growth trajectory over the medium term
- Q4 FY26 revenue of ₹81.8 crore showed 142.6% QoQ growth and 19.6% YoY growth, signalling a recovery inflection
- Operating profit margin averaged 34-37% during FY24-FY25, indicating pricing power in precision aerospace manufacturing
- Positioned in high-growth aerospace and defence precision engineering segment with build-to-print and build-to-spec capabilities
- FY25 net profit of ₹83.5 crore reflected 43.6% YoY growth over FY24 net profit of ₹58.1 crore
- Debt-to-equity ratio near zero provides financial flexibility for capex-driven growth
Bear Case 8
- TTM revenue growth turned negative at -1% and TTM profit declined 18%, showing a sharp deceleration from historical growth rates
- Working capital days surged from 260 to 649 days, indicating severe cash conversion inefficiency and potential collection issues
- PE of 94.5x is nearly double the industry PE of 48.4x, leaving minimal margin of safety if growth disappoints
- Other income of ₹47 crore constituted a significant portion of FY26 total income of ₹122 crore EBITDA, raising earnings quality concerns
- Price-to-book of 8.1x is elevated for an industrial manufacturer, pricing in substantial future growth that is yet to materialise
- Zero dividend payout despite reporting repeated profits, offering no return to shareholders while growth has stalled
- FY26 full-year net profit fell to ₹63.3 crore from ₹83.5 crore in FY25, a 24% YoY decline
- Lock-in expiry of shares worth ₹1,154 crore creates potential near-term supply overhang on the stock
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 15d ago Neutral 1
- Q1FY27 earnings call scheduled Jul 29
Unimech Aerospace will host its Q1FY27 earnings conference call on August 4, 2026, hosted by Anand Rathi Research with key company executives presenting.
TL;DR: Limited recent news flow for Unimech Aerospace with only an earnings call announcement on the calendar. No material headwinds or positive catalysts reported in the current period. Investors should watch the August 4 Q1FY27 results for updated financials and management commentary on order pipeline and defense sector momentum.
Quarterly Results
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 65 | 62 | 59 | 61 | 54 | 68 | 63 | 62 | 34 | 82 | 108 |
| Expenses | 36 | 36 | 33 | 38 | 38 | 41 | 43 | 43 | 32 | 47 | 68 |
| Operating Profit | 29 | 26 | 26 | 23 | 16 | 28 | 20 | 19 | 2 | 35 | 39 |
| OPM % | 44% | 42% | 43% | 38% | 29% | 40% | 31% | 30% | 4.6% | 43% | 36% |
| Other Income | 1 | 2 | 2 | 5 | 8 | 10 | 11 | 10 | 11 | 15 | 7 |
| Interest | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 11 | 2 |
| Depreciation | 1 | 1 | 2 | 2 | 3 | 4 | 6 | 6 | 7 | 7 | 8 |
| PBT | 28 | 25 | 25 | 25 | 19 | 33 | 24 | 21 | 4 | 32 | 37 |
| Tax % | 28% | 21% | 17% | 27% | 20% | 10% | 21% | 24% | 38% | 17% | 24% |
| Net Profit | 20 | 20 | 21 | 18 | 16 | 29 | 19 | 16 | 2 | 26 | 28 |
| EPS in Rs | 4.63 | 4.48 | 4.69 | 3.79 | 3.06 | 5.74 | 3.76 | 3.08 | 0.47 | 5.13 | 5.48 |
Profit & Loss
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| Sales | 36 | 94 | 209 | 243 | 240 | 285 |
| Expenses | 28 | 59 | 130 | 151 | 164 | 191 |
| Operating Profit | 8 | 35 | 79 | 92 | 76 | 95 |
| OPM % | 22% | 37% | 38% | 38% | 32% | 33% |
| Other Income | 1 | 1 | 5 | 25 | 46 | 43 |
| Interest | 2 | 2 | 3 | 4 | 16 | 16 |
| Depreciation | 3 | 4 | 4 | 11 | 26 | 28 |
| PBT | 4 | 29 | 76 | 102 | 80 | 93 |
| Tax % | 9% | 22% | 24% | 18% | 21% | — |
| Net Profit | 3 | 23 | 58 | 83 | 63 | 72 |
| EPS in Rs | 325 | 2,189 | 13.21 | 16.41 | 12.44 | 14.16 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 22 | 25 | 25 |
| Reserves | 27 | 48 | 87 | 643 | 712 |
| Borrowings | 20 | 24 | 30 | 84 | 127 |
| Other Liabilities | 9 | 20 | 37 | 57 | 59 |
| Total Liabilities | 57 | 93 | 175 | 810 | 924 |
| Fixed Assets | 25 | 29 | 52 | 162 | 198 |
| CWIP | 3 | 0 | 0 | 5 | 3 |
| Investments | 0 | 0 | 0 | 344 | 480 |
| Other Assets | 29 | 64 | 123 | 299 | 243 |
| Total Assets | 57 | 93 | 175 | 810 | 924 |
Cash Flow
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Operating | 2 | 1 | 47 | 81 | 61 |
| Investing | 1 | -6 | -47 | -461 | -188 |
| Financing | 0 | 3 | 5 | 515 | 23 |
| Net Cash Flow | 2 | -2 | 5 | 135 | -105 |
| Free Cash Flow | -1 | -4 | 11 | -51 | 25 |
| CFO/OP | 18 | 18 | 90 | 109 | 102 |
Ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 76 | 125 | 82 | 83 | 98 |
| Inventory Days | 242 | 303 | 165 | 136 | 156 |
| Days Payable | 211 | 133 | 106 | 111 | 117 |
| Cash Conversion Cycle | 106 | 295 | 141 | 108 | 137 |
| Working Capital Days | -21 | 100 | 83 | 44 | -61 |
| ROCE % | — | 52% | 75% | 22% | 11% |
Documents
1
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
4 May - Unimech announced acquisition of Hobel Bellows for about ₹450 crore; FY26 revenue was ₹129 crore. 4 May - Unimech announced acquisition of Hobel Bellows for about ₹450 crore; FY26 revenue was ₹129 crore.
2
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 Apr - Audio recording of April 28 analyst/institutional investor meet on acquisition update made available. 29 Apr - Audio recording of April 28 analyst/institutional investor meet on acquisition update made available.
3
Pursuant To The SEBI Circular No. SEBI/HO/DDHS/DDHS RACPOD1/P/CIR/2023/172 Dated October 19, 2023, We Hereby Confirm That The Company Is Not A Large Corporate As Per The Applicability Framework As Specified In The Said SEBI Circular.
29 Apr - Company confirms it is not a Large Corporate under SEBI framework. 29 Apr - Company confirms it is not a Large Corporate under SEBI framework.
4
Announcement under Regulation 30 (LODR)-Updates on Acquisition
27 Apr - Unimech completed acquisition of Hobel Bellows Co.; 24% held by Unimech, 76% by subsidiary Innomech. 27 Apr - Unimech completed acquisition of Hobel Bellows Co.; 24% held by Unimech, 76% by subsidiary Innomech.
5
Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015-Incorporation Of Wholly Owned Subsidiary
27 Apr - Unimech incorporated wholly owned subsidiary Uniflux Renewable Energy Private Limited on April 27, 2026. 27 Apr - Unimech incorporated wholly owned subsidiary Uniflux Renewable Energy Private Limited on April 27, 2026.
Frequently Asked Questions about Unimech Aerospace and Manufacturing Ltd
What does Unimech Aerospace and Manufacturing Ltd do?
Incorporated in 2016, Unimech
Aerospace and Manufacturing
Limited is a global high precision
engineering solutions company
which specializes in manufacturing
of complex products[1]
Where is Unimech Aerospace and Manufacturing Ltd (UNIMECH) listed?
Unimech Aerospace and Manufacturing Ltd is listed on the Indian stock exchanges. It is listed on NSE: UNIMECH and BSE: 544322. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Unimech Aerospace and Manufacturing Ltd belong to?
Unimech Aerospace and Manufacturing Ltd operates in the Industrials sector within the Aerospace & Defense industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Unimech Aerospace and Manufacturing Ltd?
Unimech Aerospace and Manufacturing Ltd has a market capitalisation of approximately ₹7693.12 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Unimech Aerospace and Manufacturing Ltd?
The Price-to-Earnings (PE) ratio of Unimech Aerospace and Manufacturing Ltd is 107.16. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Unimech Aerospace and Manufacturing Ltd?
Over the past 52 weeks, Unimech Aerospace and Manufacturing Ltd has traded between a low of ₹695 and a high of ₹1,555. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Unimech Aerospace and Manufacturing Ltd?
Unimech Aerospace and Manufacturing Ltd has a Return on Equity (ROE) of 8.64%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Unimech Aerospace and Manufacturing Ltd on Tapetide?
On Tapetide, you can view Unimech Aerospace and Manufacturing Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2016, Unimech Aerospace and Manufacturing Limited is a global high precision engineering solutions company which specializes in manufacturing of complex products[1]