
Unimech Aerospace Approves Q3 Financials, Plans Up To Rs 750 Crore Raise Through QIP
Unimech Aerospace and Manufacturing Limited has announced the approval of its un-audited financial results for the quarter ended June 30, 2026, while simultaneously approving strategic initiatives including a potential capital raise and further investment in an associate company.The Board of Directors confirmed the operational highlights of the company and outlined significant future growth plans during a meeting held on August 03, 2026. The company is slated to hold its 10th Annual General Meeting (AGM) on Friday, August 28, 2026.
Financial Performance Review
Unimech Aerospace released the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The company’s single operating segment is manufacturing and sale of tools, metallic bellows, and flexible engineering products intended for civil, defence aerospace, automotive, locomotive, power generation, and general engineering sectors.The key figures from the standalone unaudited financial results are presented below:
| Particular | Quarter ended June 30, 2026 (Unaudited) |
|---|---|
| Total income | INR 1,437.38 lakhs |
| Total expenses | INR 1,137.35 lakhs |
| Profit before tax for the period | INR 300.03 lakhs |
| Profit after tax for the period | INR 220.15 lakhs |
The consolidated results covering the Holding Company and its subsidiaries showed a different scale of operations:
| Particular | Quarter ended June 30, 2026 (Unaudited) |
|---|---|
| Total income | INR 11,494.89 lakhs |
| Total expenses | INR 7,826.05 lakhs |
| Profit before tax for the period | INR 3,668.84 lakhs |
| Profit after tax for the period | INR 2,786.36 lakhs |
The company also noted that all net proceeds of INR 23,091.10 lakhs received from a previous fresh equity issue had been utilized as of June 30, 2026.
Strategic Expansion and Capital Plans
The Board meeting approved two major strategic moves:Qualified Institutions Placement (QIP): The management greenlit a plan to raise further capital by creating, offering, issuing, and allotting fully paid-up equity shares. This Qualified Institutions Placement aims to raise up to INR 750,00,00,000 (Rupees Seven Hundred and Fifty Crore Only) or an equivalent amount in one or more tranches.
Investment in Associate: Unimech Aerospace also approved a further investment into Dheya Engineering Technologies Private Limited, which is an Associate Company of the company. This investment, intended to be structured through subscription to Equity Shares or acquisition from existing shareholders via secondary sale, will not exceed INR 5 crores (Rupees five crores only).
Operational and Governance Updates
In addition to financial approvals, the company confirmed several operational milestones and corporate governance changes during the quarter:- Acquisition Completed: The Group completed the definitive agreements to acquire Hobel Bellows Private Limited and Hobel Bellows Co. on April 27, 2026. These entities specialize in metallic bellows and precision-engineered assemblies, and the acquisition involved a total investment of INR 45,000 lakhs through a combination of equity, debt, and compulsorily convertible debentures (CCDs).
- New Subsidiary: Uniflux Renewable Energy Private Limited was incorporated on April 27, 2026, as a subsidiary focused on EPC projects related to green energy and renewable energy.
- Management Appointments: The Board noted that Ms. Rashmi Gupta was appointed as the Company Secretary and Compliance Officer effective May 28, 2026, following the resignation of Mr. Akash Shetty, who tendered his resignation with effect from March 03, 2026.
UNIMECH Stock Price Movement
Today, Unimech Aerospace and Manufacturing Limited shares edged higher to close at ₹1259.8, gaining 1.46% in trading today. The stock traded within a strong intraday range, setting a high of ₹1304.9 and reaching a low of ₹1235.9.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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