Umiya Mobile Limited Targets Major Growth with 37 New Retail Stores Following Dual Store Openings
Mumbai, April 22, 2026 — Umiya Mobile Limited, a rapidly expanding multi-brand retail chain specializing in mobile and consumer electronics, has announced significant expansion plans, operationalizing two new stores while proposing the opening of 37 additional retail locations across multiple regions. The company, listed on the BSE (BSE - SME: 544464), operates under three distinct brands: UMIYA MOBILE, MYPHONE, and PHONE PLUS.The company reported that it operationalized two new retail stores in Gujarat on April 21, 2026, locating them in Vyara and Amreli.
Proposed Expansion Targets
The proposed expansion aims to strengthen the company’s retail footprint, with plans to establish 37 new stores across three states. The planned expansion is detailed as follows:| State | Proposed Stores | Key Locations |
|---|---|---|
| Madhya Pradesh | 13 stores | Raisen, Indore, Dhar, Neemuch, Jhabua, Ratlam, Depalpur, Bhopal, Bhind, Sehore, and Ujjain |
| Maharashtra | 11 stores | Wardha, Pune, Ahilyanagar, Dhule, Washim, Nashik, Chhatrapati Sambhaji Nagar, and Buldhana |
| Gujarat | 13 stores | Kheda, Ahmedabad, Jetpur, Tharad, Sabarkantha, Kheralu, Umreth, and Surat |
Management Comments
Commenting on the company's growth trajectory, Mr. Jadwani Kishorbhai Premjibhai, Managing Director, stated that the proposed addition of 37 new stores represents a significant step in the growth journey. He highlighted that the operationalization of new stores in Gujarat reflects the continued focus on expanding the retail presence.Mr. Jadwani noted that the expansion into Madhya Pradesh, alongside deeper penetration across existing markets, emphasizes the commitment to enhancing accessibility across Tier 1, Tier 2, and Tier 3 cities, maintaining the company’s position as a trusted destination for mobile and consumer electronics.
Company Overview and Financials
Established in 2012, Umiya Mobile Limited has built a strong presence by offering a wide array of products. The company’s extensive product portfolio includes the latest smartphones from global brands such as Apple, Samsung, Realme, Xiaomi, Oppo, Vivo, Motorola, Google Pixel, and Infinix. Additionally, it deals in consumer durables, including smart TVs, air conditioners, refrigerators, and coolers from leading manufacturers like Sony, LG, Panasonic, and Godrej.For the fiscal year 2025 (FY25), the company reported key financial figures:
| Metric | Value (₹) |
|---|---|
| Total Revenue | 601.17 crore |
| EBITDA | 10.94 crore |
| PAT | 5.66 crore |
Stock Price Movement
Umiya Mobile Ltd shares closed out Tuesday at ₹52.00, dropping 0.10% for the day. Throughout trading, the stock tracked between a low of ₹51.05 and a high of ₹52.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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