Unimech Aerospace and Manufacturing Ltd

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.

Unimech Aerospace and Manufacturing Ltd trades at ₹1,523, in a confirmed uptrend and 9 weeks into that stage. That is +41.8% against its own 200-day average. It sits at 100% of a 52-week range of ₹732 to ₹1,523. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 23 straight weeks.

Today the stock is in a confirmed uptrend — week 9 of stage 2, confirmed. At ₹1,523 it trades +41.8% versus its 200-day average and sits at 100% of its 52-week range (₹732–₹1,523).

Against the market, two honest reads. Cumulative: over the last 1.6 years the stock moved +5% while the NIFTY 500 moved +6% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 23 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.

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.

Unimech Aerospace and Manufacturing Ltd trades at 108.0× P/E, about the priciest it has ever traded. Its long-run median P/E is 63.8×, measured across 1.6 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 108.0× is about the priciest it has ever traded, against a long-run median of 63.8× measured over 1.6 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 −24.2% against a +42.8% price move — the price outran earnings, pushing the multiple UP its own range.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.

At its price on 13 June 2026, Unimech Aerospace and Manufacturing Ltd was priced for profit growth of about 38.9% a year. Profit itself has compounded 114.1% a year over the past 4 years. The market pays that at 108.0× P/E, the 99th percentile of its own 2-year range.

What the two numbers say together. The multiple is full against its own past, and the growth the price is paying for is below what this company has actually delivered. Both readings sit on the same earnings, so they are one reading rather than two.

How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements. Every other number on this page is read off the live quote.

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).

Unimech Aerospace and Manufacturing 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 7 quarters across 1 curve, on partial evidence.

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

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.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

4-Factor Sector Score

54.6/100 — rank 1 of 2 in Engineering - Heavy - General · 84% evidence confidence

Unimech Aerospace and Manufacturing Ltd scores 54.6 out of 100 against the 2 companies it is compared with in Engineering - Heavy - General, ranking 1. Price leads the evidence: RS versus the benchmark is 48.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

The four contributions add to the total exactly: 15.7 + 10.8 + 11.1 + 17 = 54.6. 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.

Unimech Aerospace and Manufacturing Ltd reported ₹108 Cr of revenue in the Jun 26 quarter, +71.4% year on year. That is the 2nd straight quarter of year-on-year growth. Over 4 years it has compounded at 60.7% a year. The last full year, FY26, came in at ₹240 Cr. The last four reported quarters add to ₹286 Cr.

FY26 revenue came in at ₹240 Cr (−1.2% on the year), capping 4 years at 60.7% compound. The latest quarter (Jun 26) printed ₹108 Cr, +71.4% year on year — the 2nd consecutive quarter of year-over-year growth.

Pace check: the last four quarters averaged +14.2% growth against the decade's 60.7% — the current year is running slower than its own long-run rate.

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.

Unimech Aerospace and Manufacturing Ltd's operating margin is 36.0% in the Jun 26 quarter, +5.0 percentage points against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 22.0% to 38.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 36.0%, +5.0 pp against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 22.0%–38.0%.

Why the margin moved: operating margin went +5.0 pp year on year while gross margin went −5.1 pp — the gain came mostly from the gross line: input costs and pricing.

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Unimech Aerospace and Manufacturing Ltd earned ₹28.0 Cr of net profit in the Jun 26 quarter, +47.4% year on year. Full-year FY26 profit was ₹63.0 Cr. The 4-year compound rate is 114.1%. That is 25.9% of the quarter's revenue. The same quarter a year earlier earned ₹19.0 Cr.

Jun 26 profit was ₹28.0 Cr, +47.4% year on year. On the full year, FY26 printed ₹63.0 Cr (−24.1%), and the 4-year compound rate is 114.1%.

Why profit moved: revenue contributed +71.4% and the margin +5.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.

Pace comparison, last four quarters: profit −15.4% vs revenue +14.2%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

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 93% of Unimech Aerospace and Manufacturing Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹61.0 Cr of operating cash against ₹63.0 Cr of profit. After ₹60.0 Cr of capital spending, ₹1.0 Cr was left as free cash.

FY26: operating cash of ₹61.0 Cr against reported profit of ₹63.0 Cr, leaving free cash of ₹1.0 Cr after ₹60.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 93% 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 93%: the cash cycle stretched 31 days between FY22 and FY26 — more of each rupee of profit waits inside the cycle before arriving.

Router verdict: the bigger cash user is investment — capital spending ran 5.2× depreciation over three years, so the next section's job is to check what that build-out is buying.

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).

Unimech Aerospace and Manufacturing Ltd's cash conversion cycle runs 137 days in FY26, up from 106 days in FY22. Capital spending ran ₹213 Cr over the last 3 years. At FY26 sales of ₹240 Cr each day of that cycle holds about ₹0.7 Cr, so roughly ₹90.0 Cr sits inside the business at any moment.

FY26: debtors at 98 days, inventory at 156 days — roughly 5.1 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 137 days, looser than FY22's 106.

The full loop: cash goes out to suppliers and production on day 0; stock waits 156 days to sell; customers pay about 98 days after that; and suppliers themselves are paid at 117 days — netting out to the 137-day cycle.

In money terms: at FY26 sales of ₹240 Cr, each day of the cycle holds about ₹0.7 Cr — so the 137-day loop keeps roughly ₹90.0 Cr sitting inside the business at any moment.

On the investment side: capital spending of ₹213 Cr over the last 3 fiscal years against ₹41.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹3.0 Cr (FY26) — capacity paid for but not yet earning.

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

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.

Unimech Aerospace and Manufacturing Ltd earns a ROCE of 11% in FY26. Return on invested capital clears the cost of that capital by +6.9 percentage points, so growth here adds value rather than only size. The wiring behind it is 26.3% net margin on 0.26× asset turns.

FY26 ROCE is 11%.

Why the return is what it is — the wiring (FY26): 26.3% net margin × 0.26× asset turns × 1.25× balance-sheet leverage ≈ 8.5% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.

The capstone test — ROIC − WACC: 18.9% − 12.0% = a +6.9 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. A spread this wide means every rupee reinvested creates more than a rupee of value — the engine compounds.

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.

Unimech Aerospace and Manufacturing Ltd carries total debt of ₹127 Cr against shareholder equity of ₹737 Cr as of Mar 26, a debt-to-equity of 0.17 — effectively unlevered. On the annual view that ratio went from 0.28 in FY24 to 0.17 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.

Mar 26: total debt of ₹127 Cr against shareholder equity of ₹737 Cr — a debt-to-equity of 0.17. On the annual view, debt-to-equity went from 0.28 (FY24) to 0.17 (FY26). The returns on this page are earned, not borrowed.

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.

Foreign institutions cut 1.2 points of Unimech Aerospace and Manufacturing Ltd over 6 quarters, the biggest move on the register. That takes foreign institutions to 0.4% of the company. Domestic institutions moved −1.0 points over the same window, to 5.6%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Foreign institutions: −1.2 points over 6 quarters to 0.4%; Domestic institutions: −1.0 points over 6 quarters to 5.6%; Promoters: +0.0 points over 6 quarters to 79.8%.

🚨 Why the register moved: foreign institutions drove it (−1.2 points), alongside domestic institutions (−1.0 points) — distribution into the market’s bid.

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.

Unimech Aerospace and Manufacturing 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.

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