Uni Abex Alloy Products Ltd
504605Uni Abex Alloy Products Ltd's earnings have outrun its stock. EPS grew +733.7% in a year against a +43.4% price move.
The sharpest disagreement: profits are rising, but only 25% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a confirmed uptrend (8 weeks in) while the P/E sits at the 78th percentile of its own 8-year range. Underneath, the last four quarters read improving, and 25% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Uni Abex Alloy Products Ltd trades at ₹4,947, in a confirmed uptrend and 8 weeks into that stage. That is +35.7% against its own 200-day average. It sits at 77% of a 52-week range of ₹2,744 to ₹5,601. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 20 straight weeks.
Today the stock is in a confirmed uptrend — week 8 of stage 2, confirmed. At ₹4,947 it trades +35.7% versus its 200-day average and sits at 77% of its 52-week range (₹2,744–₹5,601).
Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved +1,366% while the NIFTY 500 moved +266% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 20 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 78th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Uni Abex Alloy Products Ltd trades at 19.8× P/E, at the pricey end of its own range (78th percentile). Its long-run median P/E is 15.9×, measured across 8.1 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 19.8× is at the pricey end of its own range (78th percentile), against a long-run median of 15.9× measured over 8.1 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +733.7% against a +43.4% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 5y, of the +49.1%/yr price move, ~+34.5%/yr came from earnings growth and ~+14.6 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Uni Abex Alloy Products Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 10 quarters across 3 curves, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
The latest quarter’s profit carries a one-off item larger than the operating base, so the profit curve is shown but does not vote in the stage call.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +13.5% | +10.3% | +15.8% | +13.5% |
| Profit | +723.5% | +145.2% | +91.1% | — |
| EPS | +733.7% | +147.2% | +92.1% | — |
| Share price | +43.4% | +64.0% | +49.1% | +27.2% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
69.4/100 — rank 3 of 19 in Castings, Forgings & Fastners · 79% evidence confidence
Uni Abex Alloy Products Ltd scores 69.4 out of 100 against the 19 companies it is compared with in Castings, Forgings & Fastners, ranking 3. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 22 + 18.9 + 9.5 + 19 = 69.4. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Uni Abex Alloy Products Ltd reported ₹78.0 Cr of revenue in the Mar 26 quarter, +30.0% year on year. That is the 3rd straight quarter of year-on-year growth. Over 10 years it has compounded at 13.5% a year. The last full year, FY26, came in at ₹219 Cr. The last four reported quarters add to ₹219 Cr.
Uni Abex Alloy Products Ltd reported ₹78.0 Cr of revenue in the Mar 26 quarter, +30.0% year on year. That is the 3rd straight quarter of year-on-year growth. Over 10 years it has compounded at 13.5% a year. The last full year, FY26, came in at ₹219 Cr. The last four reported quarters add to ₹219 Cr.
FY26 revenue came in at ₹219 Cr (+13.5% on the year), capping 10 years at 13.5% compound. The latest quarter (Mar 26) printed ₹78.0 Cr, +30.0% year on year — the 3rd consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +11.8% growth against the decade's 13.5% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +13.5% over the last 4 quarters against +10.3%/yr over the last 8 — accelerating; TTM profit +748.5% vs +182.8%/yr — accelerating.
→ Revenue grew — did margins hold as it scaled? Next: 31.0% this quarter (+5.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Uni Abex Alloy Products Ltd's operating margin is 31.0% in the Mar 26 quarter, +5.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −1.0% to 27.0%. The current quarter is running above every full year in that window.
Uni Abex Alloy Products Ltd's operating margin is 31.0% in the Mar 26 quarter, +5.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −1.0% to 27.0%. The current quarter is running above every full year in that window.
The latest quarter's operating margin is 31.0%, +5.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −1.0%–27.0%.
Why the margin moved: operating margin went +4.7 pp year on year while gross margin went +4.3 pp — the gain came mostly from the gross line: input costs and pricing.
→ Margins held — did that reach the bottom line? Next: profit +1,884.6% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Uni Abex Alloy Products Ltd earned ₹258 Cr of net profit in the Mar 26 quarter. That quarter carries a one-off item larger than its own revenue, so the year-on-year figure is an artefact rather than a trading result. Full-year FY26 profit was ₹280 Cr. That is 330.8% of the quarter's revenue.
Uni Abex Alloy Products Ltd earned ₹258 Cr of net profit in the Mar 26 quarter. That quarter carries a one-off item larger than its own revenue, so the year-on-year figure is an artefact rather than a trading result. Full-year FY26 profit was ₹280 Cr. That is 330.8% of the quarter's revenue.
Mar 26 profit was ₹258 Cr, +1,884.6% year on year. On the full year, FY26 printed ₹280 Cr (+723.5%).
🚨 Read this profit with care: at ₹258 Cr it is larger than the whole quarter's revenue of ₹78.0 Cr — no operating business earns more than it sells, so this is a one-off item (a debt-to-equity conversion, a tax write-back or an asset sale), not money the business earned. The underlying operations are running at 31.0% operating margin; the year-on-year jump and any P/E built on this number are artefacts of the one-off, not a real earnings turn.
→ Profit rose — but did the cash follow? Next: 25% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 25% of Uni Abex Alloy Products Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹25.0 Cr of operating cash against ₹280 Cr of profit. After ₹3.0 Cr of capital spending, ₹22.0 Cr was left as free cash.
FY26: operating cash of ₹25.0 Cr against reported profit of ₹280 Cr, leaving free cash of ₹22.0 Cr after ₹3.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 25% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at 25%: the cash cycle tightened 28 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
→ So follow the cash to where it goes. Next: a 89-day cycle and ₹11.0 Cr of building.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Uni Abex Alloy Products Ltd's cash conversion cycle runs 89 days in FY26, down from 117 days in FY21. Capital spending ran ₹11.0 Cr over the last 3 years. At FY26 sales of ₹219 Cr each day of that cycle holds about ₹0.6 Cr, so roughly ₹53.0 Cr sits inside the business at any moment.
FY26: debtors at 87 days, inventory at 215 days — roughly 7.1 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 89 days, tighter than FY21's 117.
The full loop: cash goes out to suppliers and production on day 0; stock waits 215 days to sell; customers pay about 87 days after that; and suppliers themselves are paid at 213 days — netting out to the 89-day cycle.
In money terms: at FY26 sales of ₹219 Cr, each day of the cycle holds about ₹0.6 Cr — so the 89-day loop keeps roughly ₹53.0 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹11.0 Cr over the last 3 fiscal years against ₹15.0 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 19%.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Uni Abex Alloy Products Ltd earns a ROCE of 19% in FY26. That is up from a trough of −7% in FY17. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 127.9% net margin on 0.44× asset turns.
FY26 ROCE is 19%, recovered from a FY17 trough of −7% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 127.9% net margin × 0.44× asset turns × 1.19× balance-sheet leverage ≈ 67.0% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.03.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Uni Abex Alloy Products Ltd carries ₹13.0 Cr of borrowings against ₹415 Cr of equity in FY26, a debt-to-equity of 0.03. Operating profit covers the interest bill 52×. Over 5 years borrowings went from ₹10.0 Cr to ₹13.0 Cr. Capital spending ran ₹11.0 Cr across the last 3 of those years.
FY26: borrowings of ₹13.0 Cr against equity of ₹415 Cr — a debt-to-equity of 0.03. Operating profit covers the interest bill 52×. Over 5 years borrowings went from ₹10.0 Cr to ₹13.0 Cr while capital spending ran ₹11.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.
→ Who owns this, and are they adding or leaving? Next: the register is quiet.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of Uni Abex Alloy Products Ltd moved a full percentage point over the last two years — the register is quiet. Foreign institutions moved +0.0 points over the same window, to 0.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: +0.0 points over 8 quarters to 63.6%; Foreign institutions: +0.0 points over 8 quarters to 0.0%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Uni Abex Alloy Products Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Uni Abex Alloy Products Ltd this page | 19.8× | ₹932 Cr | No read | |||
| Bharat Forge Ltd | 91.1× | ₹1L Cr | Mixed | |||
| Sona BLW Precision Forgings Ltd | 61.5× | ₹44,707 Cr | Mixed | |||
| CIE Automotive India Ltd | 17.5× | ₹15,696 Cr | Turning around | |||
| Happy Forgings Ltd | 51.0× | ₹15,247 Cr | Consistent | |||
| Ramkrishna Forgings Ltd | 92.0× | ₹10,579 Cr | Deteriorating | |||
| Kennametal India Ltd | 52.2× | ₹6,116 Cr | Deteriorating | |||
| Balu Forge Industries Ltd | 20.3× | ₹5,264 Cr | Mixed | |||
| Uniparts India Ltd | 19.3× | ₹3,113 Cr | Mixed | |||
| Steelcast Ltd | 35.9× | ₹3,103 Cr | Topping out | |||
| Sundaram Clayton Ltd | — | ₹3,005 Cr | No read | |||
| M M Forgings Ltd | 27.2× | ₹2,664 Cr | Deteriorating | |||
| Amic Forging Ltd | 70.5× | ₹1,992 Cr | No read | |||
| Amic Forging Ltd | 58.9× | ₹1,485 Cr | — | — | — | — |
| Gala Precision Engineering Ltd | 40.4× | ₹1,469 Cr | Turning around | |||
| Nelcast Ltd | 24.1× | ₹1,170 Cr | Turning around | |||
| Alicon Castalloy Ltd | 26.6× | ₹1,044 Cr | Mixed | |||
| Tirupati Forge Ltd | 151.0× | ₹951 Cr | Turning around | |||
| Synergy Green Industries Ltd | 186.0× | ₹927 Cr | Mixed | |||
| Sterling Tools Ltd | 36.7× | ₹882 Cr | Mixed | |||
| Uni Abex Alloy Products Ltd | 16.7× | ₹581 Cr | Turning around |
Frequently asked questions
What is Uni Abex Alloy Products Ltd's share price today?
Uni Abex Alloy Products Ltd trades at ₹4,947, +43.4% over the past year. The company is valued at ₹932 Cr. The stock sits at 77% of its 52-week range of ₹2,744–₹5,601, +35.7% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 8 weeks in. — as of 24 July 2026.
What were Uni Abex Alloy Products Ltd's latest quarterly results?
Uni Abex Alloy Products Ltd reported revenue of ₹78.0 Cr and net profit of ₹258 Cr for the Mar 26 quarter. Revenue rose 30.0% and profit rose 1,884.6% year on year. Earnings per share were ₹1,304.46. The operating margin was 31.0%, 5.0 pp higher than a year earlier. — as of 24 July 2026.
What is Uni Abex Alloy Products Ltd's revenue?
Uni Abex Alloy Products Ltd reported revenue of ₹78.0 Cr in the Mar 26 quarter, +30.0% year on year. For the full FY26 fiscal year, revenue was ₹219 Cr (+13.5%). Over the last 10 years revenue compounded at 13.5% a year. — as of 24 July 2026.
What is Uni Abex Alloy Products Ltd's profit?
Uni Abex Alloy Products Ltd earned ₹258 Cr of net profit in the Mar 26 quarter, +1,884.6% year on year. Full-year FY26 profit was ₹280 Cr. The operating margin ran 31.0% in the latest quarter. — as of 24 July 2026.
What is Uni Abex Alloy Products Ltd's market cap?
Uni Abex Alloy Products Ltd's market capitalisation is ₹932 Cr at a share price of ₹4,947. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Uni Abex Alloy Products Ltd's P/E ratio?
Uni Abex Alloy Products Ltd trades at a P/E of 19.8×, at the 78th percentile of its own 8-year range, against a long-run median of 15.9×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Uni Abex Alloy Products Ltd pay a dividend?
Yes — Uni Abex Alloy Products Ltd's dividend payout was 7% of profit in FY26, and it recorded a payout in 10 of its last 13 reported fiscal years. 2 of those years show a negative ratio because profit itself was negative. — as of 24 July 2026.
Is Uni Abex Alloy Products Ltd overvalued?
On its own history, Uni Abex Alloy Products Ltd looks expensive against its own history: its P/E of 19.8× sits at the 78th percentile of its 8-year range (long-run median 15.9×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is Uni Abex Alloy Products Ltd growing?
Yes — Uni Abex Alloy Products Ltd is growing: latest-quarter revenue +30.0% year on year, profit +1,884.6%, and the margin +5.0 pp at 31.0%. The earnings engine currently reads: improving — as of 24 July 2026.
How is Uni Abex Alloy Products Ltd performing?
Uni Abex Alloy Products Ltd is in a confirmed uptrend, 8 weeks in. Its latest quarter's revenue rose 30.0% and profit rose 1,884.6% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 20 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
Is Uni Abex Alloy Products Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 8 of stage 2), trading +35.7% versus its 200-day average and at 77% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Uni Abex Alloy Products Ltd beating the market?
On recent form, yes — Uni Abex Alloy Products Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 20 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved +1,366% against the NIFTY 500's +266% — ahead of the index over the full window. — as of 24 July 2026.
Will Uni Abex Alloy Products Ltd's share price go up?
This page publishes no price forecast for Uni Abex Alloy Products Ltd. What it measures instead: the share price is ₹4,947, the price is in a confirmed uptrend 8 weeks in. Its P/E of 19.8× sits at the 78th percentile of its own 8-year range. — as of 24 July 2026.
Who owns Uni Abex Alloy Products Ltd?
Promoters hold 63.6% of Uni Abex Alloy Products Ltd, foreign institutions 0.0%, domestic institutions 0.0% and the public 36.4% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 24 July 2026.
Does Uni Abex Alloy Products Ltd have too much debt?
No — Uni Abex Alloy Products Ltd's debt-to-equity is 0.03, and operating profit covers the interest bill 52×. FY26 borrowings were ₹13.0 Cr against equity of ₹415 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.
What is Uni Abex Alloy Products Ltd's capex?
Uni Abex Alloy Products Ltd spent ₹11.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹3.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Uni Abex Alloy Products Ltd's cash flow?
Uni Abex Alloy Products Ltd generated ₹25.0 Cr of operating cash flow in FY26 and ₹22.0 Cr of free cash flow after ₹3.0 Cr of capital spending. Reported profit that year was ₹280 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Uni Abex Alloy Products Ltd's profit real cash?
Not fully — over the last 3 fiscal years, 25% of Uni Abex Alloy Products Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹25.0 Cr against reported profit of ₹280 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is Uni Abex Alloy Products Ltd in its business cycle?
Uni Abex Alloy Products Ltd's FY26 operating margin was 24.0%, against a 13-year band of −1.0%–27.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 31.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Uni Abex Alloy Products Ltd story?
The sharpest disagreement: profits are rising, but only 25% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Uni Abex Alloy Products Ltd a stock worth studying right now?
This is not investment advice. The machine read: Uni Abex Alloy Products Ltd's earnings have outrun its stock. EPS grew +733.7% in a year against a +43.4% price move. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.