# Uniparts India share price today (Uniparts India Ltd, NSE: UNIPARTS)

> Uniparts India share price today: ₹749.15 at the NSE close on 3 November 2026, up 50.3% in a year. Uniparts India (NSE: UNIPARTS) is worth ₹3,385 crore, trades at a P/E of 18.5 and has closed between ₹413.50 and ₹897.45 over the past 52 weeks. > Uniparts India Ltd's earnings have grown faster than its share price. Earnings per share grew +79.8% in a year while the price moved +50.3%. UNIPARTS · Castings, Forgings & Fastners · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/uniparts-india-ltd

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## Key numbers

- Business trend: Getting better, from the last 12 quarters
- Price: ₹749.15 (+50.3% in a year)
- P/E: 18.5× (higher than 65% of the last 3.9 years)
- Revenue (Jun 2026): ₹347 Cr (+26.6% on a year ago)
- Profit (Jun 2026): ₹57.0 Cr (+67.6% on a year ago)
- Operating margin: 24.0% (+5.0 points on a year ago)
- ROCE: 22%, FY26
- ROIC: 22.8%, against a 12.0% cost of capital: +10.8 points

The main question: yearly earnings per share moved +79.8% while the share price moved +50.3%. ## What is the Uniparts India share price today? Uniparts India Ltd's share price was ₹749.15 at the close on 3 November 2026. It has been rising for 58 weeks. That is 12.7% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹414 and ₹897, and at that close it sat 69% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running. Over the last 3.9 years the share price moved +31% while the NIFTY 500 moved +41%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Uniparts India this quarter? Three changes stood out: foreign funds (FIIs) raised their stake for 5 quarters in a row, highest quarterly profit in 15 quarters and revenue up on a year earlier for 5 quarters in a row. 1. Foreign funds (FIIs) raised their stake for 5 quarters in a row From 1.8% to 4.4% of the company by the September 2026 quarter. 2. Highest quarterly profit in 15 quarters Profit of ₹57 crore in the June 2026 quarter is the highest of the last 15 quarters. Why: Profit rose because margins improved as the company kept more of each sale as profit. Next results: check whether the higher full-year sales plan holds. From the earnings call on 5 Aug 2026. 3. Revenue up on a year earlier for 5 quarters in a row In the June 2026 quarter revenue was ₹347 crore, +26.6% on a year earlier. Why: Revenue rose because construction equipment sales were strong, helped by new orders and a recovery in that market. Next results: check whether Q2 sales follow Q1 and whether the higher full-year growth plan holds. From the earnings call on 5 Aug 2026. ## What are Uniparts India's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Uniparts India reported revenue of ₹347 crore, up 26.6% from ₹274 crore a year earlier, and a profit of ₹57.0 crore, up 67.6% from ₹34.0 crore. ### Uniparts India results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹347 crore | ₹274 crore | +26.6% |
| Profit | ₹57.0 crore | ₹34.0 crore | +67.6% |
| Earnings per share | ₹12.54 | ₹7.64 | +64.1% |
| Operating margin | 24.0% | 19.0% | +5.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Uniparts India's management discussed these results on a call held on 5 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Uniparts India share price history? Uniparts India closed at ₹749.15 on 3 November 2026, up 50.3% from ₹498.50 a year earlier (31 October 2025) and up 32.5% over three years. Its highest weekly close since December 2022 was ₹897.45 on 11 September 2026. ### Uniparts India share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹686.35 | +9.1% |
| 1 month ago · 1 Oct 2026 | ₹819.30 | −8.6% |
| 6 months ago · 30 Apr 2026 | ₹534.35 | +40.2% |
| 1 year ago · 31 Oct 2025 | ₹498.50 | +50.3% |
| 3 years ago · 3 Nov 2023 | ₹565.45 | +32.5% |
| Earliest weekly close in our records · 16 Dec 2022 | ₹570.25 | +31.4% |
| Highest weekly close since December 2022, also the 52-week high · 11 Sep 2026 | ₹897.45 | −16.5% |
| Lowest weekly close since December 2022 · 28 Mar 2025 | ₹307.20 | +143.9% |
| 52-week low (weekly close) · 23 Jan 2026 | ₹413.50 | +81.2% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (211 weekly closes from 16 December 2022 to 3 November 2026.)

## What is the latest news on Uniparts India? 3 Nov 2026: Uniparts India closed at ₹749.15, up 9.1% on the week and down 8.6% on the month. 12 Aug 2026: ex-date for an interim dividend of ₹9 a share. ### Earlier

- 5 Aug 2026: Uniparts India held its results call for April to June 2026. Management guided: July to September 2026 expected in line with Q1; FY27 revenue growth a couple of percentage points above FY26 growth. - Results for April to June 2026: Revenue up 26.6% and profit up 67.6% on a year earlier. - 16 Feb 2026: ex-date for an interim dividend of ₹7 a share. ## What dividend does Uniparts India pay? Uniparts India paid ₹16 a share in regular dividends in the 12 months to 4 November 2026 (2 payments), a yield of 2.14% at the ₹749.15 close on 3 November 2026. The last was an interim dividend of ₹9 a share, ex-date 12 August 2026. ### Uniparts India dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 12 Aug 2026 | ₹9 | Interim |
| 16 Feb 2026 | ₹7 | Interim |
| 23 Oct 2025 | ₹22.50 | Special |
| 14 Aug 2025 | ₹8.25 | Interim |
| 12 Feb 2025 | ₹7.50 | Interim |
| 21 Aug 2024 | ₹6.75 | Interim |
| 21 Feb 2024 | ₹6 | Interim |
| 24 Nov 2023 | ₹8 | Interim |
| 7 Jun 2023 | ₹6 | Interim |
| 24 Feb 2023 | ₹8.25 | Interim |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 4 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Uniparts India Ltd paid out 108% of its profit as dividends in FY26, and it paid a dividend in 8 of its last 9 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Uniparts India management say on the latest results call? On the call for April to June 2026, held on 5 August 2026, Uniparts India's management guided: July to September 2026 expected in line with Q1; FY27 revenue growth a couple of percentage points above FY26 growth. > “The new business momentum is structural, and we intend to build upon it.”
> Gurdeep Soni, on the call for April to June 2026

### What management guided

- Large ag industry expected to decline in the mid-teens during CY2026, with growth returning in FY28; small ag recovery expected in CY2027. - FY27 operating margin to remain comfortably above 20%. - Mexico warehouse first customer deliveries expected in October to December 2026. - Mexico FY27 revenue expected at the mid-single-digit million-dollar level. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/19038/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 5 August 2026.)

## What is the future of Uniparts India? What is changing in the business? What is changing at Uniparts India, from the latest results and calls: warehouse fulfillment channel mix expansion, operating leverage via volume inflection and precision machine parts (pmp) & product diversification. - Warehouse Fulfillment Channel Mix Expansion. Warehouse-led delivery route expanded above 50% of revenue, lifting unit gross margins and embedding vendor integration. ✓ fact
- Operating Leverage via Volume Inflection. Fixed-cost absorption from 26.6% revenue growth expanded operating margin to 23.6% in Jun 2026. ✓ fact
- Precision Machine Parts (PMP) & Product Diversification. Precision machine parts reached 50% revenue share, de-risking cyclicality from agricultural 3-point linkage systems. ✓ fact
- New Business Pipeline & Near-Shoring Execution. Last 12 months new business award run-rate of ₹225+ Cr and Mexico warehouse launch support revenue visibility for FY27. ✓ fact

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Our read after the April to June 2026 results, written 22 August 2026.)

## What is Uniparts India's order book? Trailing 12-month new business order book exceeded ₹225 Cr across 3PL, precision parts, and fabrication. ✓ fact

(Our read after the April to June 2026 results, written 22 August 2026.)

## What could change the Uniparts India story? What are the risks? Operating margin falling below 19.5% for two consecutive quarters combined with trailing 12-month new business order intake rolling over below ₹180 Cr, signaling that margin gains were transitory inventory/FX artifacts rather than structural warehouse mix improvements. ### Each change stops working if

- Warehouse Fulfillment Channel Mix Expansion: OEM clients push back on consignment inventory terms or channel mix shifts back toward lower-margin direct export routes below 45%. - Operating Leverage via Volume Inflection: Sequential volume growth halts or raw material input inflation outpaces contract pass-through bands. - Precision Machine Parts (PMP) & Product Diversification: Global construction OEM build rates contract sharply or machine parts face commoditization from low-cost regional machining suppliers. - New Business Pipeline & Near-Shoring Execution: Customer platform launch delays push award conversion beyond guided 12-to-18-month execution windows. ### The main risks

- Prolonged Slump in Global Agricultural Equipment: Large agricultural equipment volumes remain in a cyclical downcycle in North America with European recovery uneven. ⚠ estimate
- Mexico Warehouse Milestone Slippage & Execution Delays: First deliveries from the Mexico warehouse deferred to October to December 2026 from earlier next-quarter goals. ⚠ estimate
- Trade Tariff Volatility and Customer Contract Friction: Section 232 duties and aftermarket tariff sensitivity create demand deferral in US replacement channels. ⚠ estimate
- Customer Concentration in Tier-1 Global OEMs: Top 5 customers generate 64% of consolidated revenue, exposing Uniparts to individual OEM build-schedule revisions. ⚠ estimate

(Our read after the April to June 2026 results, written 22 August 2026.)

## What to watch in Uniparts India's next results? When Uniparts India reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Q2 execution to track the Q1-like trajectory and validate the upgraded full-year growth framework. - What to check (from the call)
- Q2 execution to track the Q1-like trajectory and validate the upgraded full-year growth framework. - Mexico warehouse first customer deliveries to materialize in the guided quarter; monitor early revenue contribution and channel mix. - Large ag new-business awards to continue converting into revenue, especially across European OEM discussions. - Ludhiana finishing-shop restoration to stay on schedule while customer supply remains uninterrupted. ## Which stock lists is Uniparts India on? Uniparts India is on one of our India lists: Dividend stocks. [Dividend stocks Regular dividend yield (%): 2.27](https://www.sectoralpha.in/dividend-stocks-india)

## Is Uniparts India profitable? Uniparts India Ltd earned ₹57.0 Cr of net profit in the Jun 2026 quarter, +67.6% on the same quarter a year earlier. That is the 5th quarter in a row of profit growth. Full-year FY26 profit was ₹158 Cr. Over 12 years profit has grown 11.2% a year on average. That is 16.4% of the quarter's revenue. The same quarter a year earlier earned ₹34.0 Cr. For the full year, FY26 profit was ₹158 Cr (+79.5% on the year before). Why profit moved: revenue changed +26.6% on a year earlier and the margin moved +5.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +87.2% and revenue +27.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. FY26-Q4. revenue ₹339 Cr and profit ₹51 Cr as reported. FY27-Q1. revenue ₹347 Cr and profit ₹57 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How much revenue does Uniparts India make, and is it growing? Uniparts India Ltd reported ₹347 Cr of revenue in the Jun 2026 quarter, +26.6% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. Over 12 years it has grown 3.2% a year on average. The last full year, FY26, came in at ₹1,170 Cr. Why this happened. Uniparts has scaled its Precision Machine Parts business (pins, bushings, and articulated joint components) to reach a 50-50 revenue split with 3-point linkage systems, up from a 45-50 split two years prior. Because PMP serves construction equipment OEMs where Uniparts has 100% share for specific components but a fraction of overall client spend, wallet expansion offers substantial runway. The last four reported quarters add to ₹1,244 Cr. FY26 revenue was ₹1,170 Cr, +21.4% on the year before. Recent pace: the last four quarters grew +27.6% on average, against 3.2% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +27.5%, against +6.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +85.6%, against +26.2% a year (accelerating). FY26-Q4. revenue ₹339 Cr and profit ₹51 Cr as reported. FY27-Q1. revenue ₹347 Cr and profit ₹57 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How much of every ₹100 of sales does Uniparts India keep? Uniparts India Ltd's operating margin was 24.0% in the Jun 2026 quarter, 5.0 percentage points higher than the same quarter a year ago. Across 9 years it has been between 11.0% and 22.0%. The latest quarter is above every full year in that period. Why this happened. Revenue growth of 26.6% YoY to ₹347 Cr in Jun 2026 resulted in a 67.6% increase in net profit to ₹57 Cr. This operational torque reflects the operating leverage catapult framework: plant capacity installed in prior cycles absorbs fixed depreciation and administrative expenses as production schedules ramp, translating incremental gross profit directly into operating margin. Why the margin moved: operating margin changed +4.5 percentage points on the year while gross margin changed +1.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. FY26-Q4. revenue ₹339 Cr and profit ₹51 Cr as reported. FY27-Q1. revenue ₹347 Cr and profit ₹57 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## Is Uniparts India's profit turning into cash? Over the last 3 years, 150% of Uniparts India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹174 Cr of operating cash against ₹158 Cr of profit. After ₹70.0 Cr of spending on assets, ₹104 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 150% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Uniparts India's cash go? Uniparts India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 326 days in FY26, down from 333 days in FY21. It spent ₹149 Cr on assets over the last 3 years. Customers take 44 days to pay, and stock sits for 409 days on average. Why this happened. Uniparts has strategically increased its warehouse-led fulfillment channel to over 50% of total revenue in 9M FY26 and 51% in Q4 FY26. This delivery model commands higher EBITDA margins than direct export (26%) or localized manufacturing channels because it provides just-in-time delivery, consignment stocking, and proximity services that Tier-1 global OEMs require. At FY26 sales of ₹1,170 Cr, each day of that cycle ties up about ₹3.2 Cr, so roughly ₹1,045 Cr is tied up in the business at any time. FY26: customers took 44 days to pay and stock sat for 409 days, about 13.5 months of sales sitting as stock, for a full cycle of 326 days, shorter than FY21's 333. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 409 days. Customers pay about 44 days after that. Suppliers are paid at 127 days. Together that makes the 326-day cycle. Spending on assets: ₹149 Cr over the last 3 years, against ₹131 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹9.0 Cr (FY26): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Uniparts India's P/E ratio, and how does it compare with its own history? Uniparts India Ltd's P/E is 18.5×, in the middle of its own history: higher than 65% of past readings. Its usual P/E (the middle reading) is 17.4×, over 3.9 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹39.98. Why the multiple is where it is: over the past year earnings per share moved +79.8% while the price moved +50.3%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +9.8% a year; about −1.5% a year came from earnings growth and about +11.3 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## What growth does the Uniparts India share price assume? Worked out from its price on 26 August 2026, Uniparts India Ltd's share price assumed profit growth of about 11.1% a year. Over the past 12 years its profit actually grew 11.2% a year. Today its P/E is 18.5×, higher than 65% of its own last 3.9 years. This is a one-day reading, taken on 26 August 2026. Every other number on this page, the multiple included, uses the latest price as of 3 November 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the Uniparts India business getting better or worse? Uniparts India Ltd's business is getting better. Profit growth hit its low 7 quarters ago at −40.8% and has recovered to +85.6%, with ROCE rising at 25.6%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## What is the Uniparts India story, and has it been checked? Uniparts India Ltd's story is not scored yet against the checks our research set on 22 August 2026. Where it sits in its own cycle: Expansion. Our read, 22 August 2026. From the numbers. The stock is in an early expansion stage where earnings momentum is driven by operational leverage and product diversification. Institutional ownership shows FII participation standing at 2.45% and DII stake at 4.89%…

From the price. Price stage 2, week 58, above its 200-day line, relative strength falling. From the research. Where they disagree. The stock is in an early expansion stage where earnings momentum is driven by operational leverage and product diversification. Institutional ownership shows FII participation standing at 2.45% and DII stake at 4.89% in Dec 2025 with promoter ownership stable at 65.89%. The expansion setup is confirmed by four consecutive quarters of double-digit revenue expansion and operating margins sustaining above 20%. What is proven. What is not proven yet. Operating margin falling below 19.5% for two consecutive quarters combined with trailing 12-month new business order intake rolling over below ₹180 Cr, signaling that margin gains were transitory inventory/FX artifacts rather than structural warehouse mix improvements. What would change our mind. Operating margin falling below 19.5% for two consecutive quarters combined with trailing 12-month new business order intake rolling over below ₹180 Cr, signaling that margin gains were transitory inventory/FX artifacts rather than structural warehouse mix improvements. The test written in advance. Operating margin falling below 19.5% for two consecutive quarters combined with trailing 12-month new business order intake rolling over below ₹180 Cr, signaling that margin gains were transitory inventory/FX artifacts rather than structural warehouse mix improvements. Measured by: the thesis as written as stated by the next result. The test written in advance. The test written in advance. Prolonged Slump in Global Agricultural Equipment. Measured by: Prolonged Slump in Global Agricultural Equipment OEM quarterly production schedules for tractor platforms above 70 HP showing extended curtailments. by the next result. What the company does. Operating leverage and warehouse-led sales (over 50% of revenue) expanded operating margins to 23.6% in Jun 2026, delivering ₹57 Cr quarterly profit (+67.6% YoY). New business order wins above ₹225 Cr and near-shoring delivery via the Mexico warehouse provide revenue visibility to support management's upgraded FY27 growth guidance above 21%. What the surface reading misses. The surface reading is: Net profit growth of 67.6% YoY indicates powerful business acceleration. The research reads it further: The profit expansion is operational and volume-driven, generated by fixed manufacturing cost absorption as sales rose 26.6% to ₹347 Cr alongside higher warehouse fulfillment mix, rather than non-operating one-offs. What the surface reading misses. The surface reading is: Operating margin at 23.6% sits at the 84th percentile of historical range, suggesting peak profitability. The research reads it further: The margin expansion reflects a structural channel pivot where higher-margin warehouse-led sales exceeded 50% of revenue, combined with operating leverage on recovering construction equipment volumes. Lever 2 · Value-added mix: building. Warehouse-led delivery route expanded above 50% of revenue, lifting unit gross margins and embedding vendor integration. What proves it keeps working: Warehouse Fulfillment Channel Mix Expansion. It stops working if OEM clients push back on consignment inventory terms or channel mix shifts back toward lower-margin direct export routes below 45%. Lever 1 · Operating leverage: building. Fixed-cost absorption from 26.6% revenue growth expanded operating margin to 23.6% in Jun 2026. What proves it keeps working: Operating Leverage via Volume Inflection. It stops working if Sequential volume growth halts or raw material input inflation outpaces contract pass-through bands. Lever 12 · New product launch: building. TTM new business award run-rate of ₹225+ Cr and Mexico warehouse launch support revenue visibility for FY27. What proves it keeps working: New Business Pipeline & Near-Shoring Execution. It stops working if Customer platform launch delays push award conversion beyond guided 12-to-18-month execution windows. Sources: our stock research file (22 August 2026) · quarterly results through Jun 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes. ## Did Uniparts India management deliver what it promised? What Uniparts India Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met. Mexico Warehouse Delivery Timeline Slipped · 5 August 2026. In Feb 2026, management indicated that Mexico warehouse supplies would begin in the next quarter after the required customer registration. In Aug 2026, management still expected first customer deliveries in Q3 of this year, implying a materially later milestone than the earlier next-quarter expectation without explaining the delay. Large Ag Growth Driver Reframed · 5 August 2026. In May 2026, management linked Uniparts' ability to participate in the large-ag recovery to both European program wins and industry production volumes normalizing. In Aug 2026, management said large-ag growth was entirely the result of new business wins and not market-driven, which changes a key assumption about the contribution of industry recovery to segment growth without an explicit explanation. Aftermarket Growth Reversal · 10 February 2026. Management explicitly guided for mid-teens growth in the aftermarket segment during the August 2025 call. However, in the February 2026 call, they acknowledged that the segment's growth rate had slowed due to tariff sensitivity, resulting in the revenue share dropping significantly from 19% to 14%, which mathematically implies a revenue contraction rather than the projected growth. Earlier call (Aug 2025): “We expect the segment to grow further in mid-teens in FY”. Later call (Feb 2026): “With the tariff going to 50%, there was some sensitivity in the after markets due to which the growth rate in the after market slowed down... hence you”. Tariff Impact on Project Pipeline · 10 February 2026. In the November 2025 call, management stated they had seen no reduction in RFQs despite the implementation of tariffs. Contrarily, in the February 2026 call, they admitted that new projects had actually "stalled" because of the higher tariffs and are only now being reactivated due to the recent tariff reduction. Earlier call (Nov 2025): “In fact, even post-tariff, we have not seen a reduction in RFQs also.” Later call (Feb 2026): “Here we may be able to reactivate the China plus one project we were working on before the tariff went up... where some of the new projects had stalled, this could now fuel the pickup of those projects.”

Every quote above is taken word for word from the company’s own earnings calls. ## What is Uniparts India management's track record? Management kept net cash, returned capital and protected operations through a downturn and plant fire; the Mexico miss remains the main execution blemish. ### Regulatory and governance record

No company-specific enforcement surfaced; the apparent insider-trading result concerned a different company. 0% Promoter shares pledged

Sources:

- [unipartsgroup.com](https://www.unipartsgroup.com/pdfs/Q325EarningsCallTranscript.pdf)
- [casemine.com](https://www.casemine.com/judgement/in/64aedc66de106a58b166f837)
- [economictimes.indiatimes.com](https://economictimes.indiatimes.com/uniparts-india-ltd/stocks/companyid-2100436.cms)

(Checked 30 August 2026.)

## How much does Uniparts India earn on its capital? Uniparts India Ltd earned a ROCE of 22% in FY26. That is up from a low of 11% in FY20. Its return on capital used (ROIC) is 10.8 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 13.5% net margin and 0.93× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 13.5% net margin × 0.93× asset turnover × 1.45× leverage (assets divided by equity) ≈ 18.2% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 22.8% − 12.0% = +10.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 22.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 20.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Uniparts India have too much debt? Uniparts India Ltd has total debt of ₹155 Cr against shareholder equity of ₹870 Cr as of Jun 2026, so its debt is 0.18× its equity, which is very little. Year by year, that ratio went from 0.82 in FY19 to 0.18 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Uniparts India shareholding pattern? Domestic institutions cut their stake in Uniparts India Ltd by 4.4 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 4.1% of the company. Foreign institutions moved +2.6 points over the same period, to 4.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −4.4 points over 8 quarters, to 4.1%; Foreign institutions: +2.6 points over 8 quarters, to 4.4%; Promoters: +0.2 points over 8 quarters, to 65.8%. Why the owners changed: foreign institutions moved +2.6 points and domestic institutions −4.4 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Uniparts India from balance-sheet trouble? For Uniparts India Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Uniparts India rank in its industry? 76.5 out of 100, rank 2 of 20 in Castings, Forgings & Fastners, with 96% of the evidence available. Uniparts India Ltd scores 76.5 out of 100 against the 20 companies it is compared with in Castings, Forgings & Fastners, ranking 2. Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. The four parts add up to the total exactly: 29.2 + 19.1 + 16.9 + 11.3 = 76.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Uniparts India compared with? Uniparts India ranks 2 of 20 Castings, Forgings & Fastners companies on the 4-Factor Sector Score, with 76.5 out of 100. 1. [Kennametal India Ltd](https://www.sectoralpha.in/stocks/kennametal-india-ltd) KENNAMET · leader · Sector-leading setup · 96% evidence 83.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.7/35 · Revenue 29.1% · Profit 91.2% · Operating margin change 12 points · 88% evidence Capital efficiency 21.5/25 · ROCE 33.2% · Operating margin 27% · 100% evidence Valuation 12.4/20 · P/E 41.4× · PEG 1.34 · 100% evidence Relative strength 18.9/20 · Lead over its industry 16% · Lead over NIFTY 500 34.5% · 1 year 76.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 30.7 + 21.5 + 12.4 + 18.9 = 83.5 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. Uniparts India Ltd this page UNIPARTS · losing its lead · Most evidence points up · 96% evidence 76.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.2/35 · Revenue 27.5% · Profit 85.6% · Operating margin change 5 points · 88% evidence Capital efficiency 19.1/25 · ROCE 21.6% · Operating margin 24% · 100% evidence Valuation 16.9/20 · P/E 17.3× · PEG 0.38 · 100% evidence Relative strength 11.3/20 · Lead over its industry 5.1% · Lead over NIFTY 500 22.5% · 1 year 40.7% · 100% evidence · 11 of 12 weeks ahead Exact sum: 29.2 + 19.1 + 16.9 + 11.3 = 76.5 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Sona BLW Precision Forgings Ltd](https://www.sectoralpha.in/stocks/sona-blw-precision-forgings-ltd) SONACOMS · leader · Most evidence points up · 100% evidence 65.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue 42.1% · Profit 21.8% · Operating margin change -2 points · 100% evidence Capital efficiency 15.8/25 · ROCE 14.2% · Operating margin 23% · 100% evidence Valuation 6.5/20 · P/E 71.7× · PEG 3.52 · 100% evidence Relative strength 19.3/20 · Lead over its industry 29.5% · Lead over NIFTY 500 51.4% · 1 year 88.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.7 + 15.8 + 6.5 + 19.3 = 65.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Gala Precision Engineering Ltd](https://www.sectoralpha.in/stocks/gala-precision-engineering-ltd) GALAPREC · turning · Evidence leans up · 89% evidence 60.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue 31.8% · Profit 37.2% · Operating margin change 1 points · 88% evidence Capital efficiency 13.5/25 · ROCE 15.6% · Operating margin 16.3% · 100% evidence Valuation 12.5/20 · P/E 35× · PEG 1.14 · 65% evidence Relative strength 11.8/20 · Lead over its industry 3.1% · Lead over NIFTY 500 21.3% · 1 year 35.6% · 100% evidence · 6 of 12 weeks ahead Exact sum: 22.3 + 13.5 + 12.5 + 11.8 = 60.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Steelcast Ltd](https://www.sectoralpha.in/stocks/steelcast-ltd) STEELCAS · leader · Evidence leans up · 96% evidence 59.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.8/35 · Revenue 9.2% · Profit 15.2% · Operating margin change 0 points · 88% evidence Capital efficiency 19.3/25 · ROCE 32.3% · Operating margin 26% · 100% evidence Valuation 8.0/20 · P/E 38.8× · PEG 1.7 · 100% evidence Relative strength 17.4/20 · Lead over its industry 12.9% · Lead over NIFTY 500 32.1% · 1 year 53.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 14.8 + 19.3 + 8 + 17.4 = 59.5 · What this means: Relative strength against the index is 32.1%, and revenue and profit growth are weak. 6. [Amic Forging Ltd](https://www.sectoralpha.in/stocks/amic-forging-ltd) leader · Too little evidence to rank firmly · 53% evidence 59.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.7/35 · Revenue n/a · Profit n/a · Operating margin change 5 points · 15% evidence Capital efficiency 17.1/25 · ROCE 25.2% · Operating margin 33% · 71% evidence Valuation 6.8/20 · P/E 77.5× · PEG n/a · 50% evidence Relative strength 17.4/20 · Lead over its industry 8.4% · Lead over NIFTY 500 27.2% · 1 year 34.6% · 100% evidence · 11 of 12 weeks ahead Exact sum: 17.7 + 17.1 + 6.8 + 17.4 = 59 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [Balu Forge Industries Ltd](https://www.sectoralpha.in/stocks/balu-forge-industries-ltd) BALUFORGE · breaking out · Evidence leans up · 81% evidence 56.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.5/35 · Revenue 19.8% · Profit 18.1% · Operating margin change -3 points · 88% evidence Capital efficiency 18.3/25 · ROCE 22.7% · Operating margin 28% · 100% evidence Valuation 15.3/20 · P/E 20× · PEG 1.16 · 100% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -7.2% · 1 year -31.4% · 25% evidence · 11 of 12 weeks ahead Exact sum: 14.5 + 18.3 + 15.3 + 8 = 56.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 8. [Happy Forgings Ltd](https://www.sectoralpha.in/stocks/happy-forgings-ltd) HAPPYFORGE · leader · Evidence leans up · 96% evidence 55.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.8/35 · Revenue 15.5% · Profit 21.1% · Operating margin change 2 points · 88% evidence Capital efficiency 17.7/25 · ROCE 18% · Operating margin 31% · 100% evidence Valuation 2.8/20 · P/E 50.4× · PEG 3.72 · 100% evidence Relative strength 12.5/20 · Lead over its industry 7.7% · Lead over NIFTY 500 25.2% · 1 year 71.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.8 + 17.7 + 2.8 + 12.5 = 55.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 9. [Uni Abex Alloy Products Ltd](https://www.sectoralpha.in/stocks/uni-abex-alloy-products-ltd) quiet · Evidence leans up · 83% evidence 50.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.3/35 · Revenue 17.2% · Profit 100% · Operating margin change -7 points · 83% evidence Capital efficiency 15.6/25 · ROCE 18.8% · Operating margin 10.5% · 95% evidence Valuation 10.0/20 · P/E 18.2× · PEG n/a · 50% evidence Relative strength 8.6/20 · Lead over its industry 0.2% · Lead over NIFTY 500 17.5% · 1 year 30.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 16.3 + 15.6 + 10 + 8.6 = 50.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [CIE Automotive India Ltd](https://www.sectoralpha.in/stocks/cie-automotive-india-ltd) CIEINDIA · basing · Evidence leans down · 100% evidence 49.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.6/35 · Revenue 12.4% · Profit 15.3% · Operating margin change -1 points · 100% evidence Capital efficiency 13.9/25 · ROCE 14.7% · Operating margin 14% · 100% evidence Valuation 16.7/20 · P/E 14.4× · PEG 1.14 · 100% evidence Relative strength 2.4/20 · Lead over its industry -28.5% · Lead over NIFTY 500 -13.5% · 1 year -18.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.6 + 13.9 + 16.7 + 2.4 = 49.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Ramkrishna Forgings Ltd](https://www.sectoralpha.in/stocks/ramkrishna-forgings-ltd) RKFORGE · leader · Evidence leans down · 67% evidence 48.4 out of 100 Growth Capital Valuation Relative
12. [Nelcast Ltd](https://www.sectoralpha.in/stocks/nelcast-ltd) NELCAST · turning · Evidence leans down · 96% evidence 47.7 out of 100 Growth Capital Valuation Relative
13. [Alicon Castalloy Ltd](https://www.sectoralpha.in/stocks/alicon-castalloy-ltd) ALICON · breaking out · Evidence leans down · 81% evidence 43.6 out of 100 Growth Capital Valuation Relative
14. [M M Forgings Ltd](https://www.sectoralpha.in/stocks/m-m-forgings-ltd) MMFL · losing its lead · Evidence leans down · 96% evidence 41.7 out of 100 Growth Capital Valuation Relative
15. [Tirupati Forge Ltd](https://www.sectoralpha.in/stocks/tirupati-forge-ltd) TIRUPATIFL · turning · Evidence leans down · 96% evidence 40.6 out of 100 Growth Capital Valuation Relative
16. [Bharat Forge Ltd](https://www.sectoralpha.in/stocks/bharat-forge-ltd) BHARATFORG · quiet · Evidence leans down · 71% evidence 37.4 out of 100 Growth Capital Valuation Relative
17. [Sundaram Clayton Ltd](https://www.sectoralpha.in/stocks/sundaram-clayton-ltd) SUNCLAY · quiet · Most evidence points down · 71% evidence 30.1 out of 100 Growth Capital Valuation Relative
18. [Sterling Tools Ltd](https://www.sectoralpha.in/stocks/sterling-tools-ltd) STERTOOLS · quiet · Most evidence points down · 100% evidence 25.4 out of 100 Growth Capital Valuation Relative
19. [Synergy Green Industries Ltd](https://www.sectoralpha.in/stocks/synergy-green-industries-ltd) SGIL · losing its lead · Most evidence points down · 76% evidence 24.4 out of 100 Growth Capital Valuation Relative
20. [Captain Technocast Ltd](https://www.sectoralpha.in/stocks/captain-technocast-ltd) quiet · Too little evidence to rank firmly · 42% evidence 55.9 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Castings, Forgings & Fastners](https://www.sectoralpha.in/sectors/castings-forgings-fastners), all 20 compared on one page. ## Which companies are close to Uniparts India in size? Uniparts India is the 9th largest of 20 Castings, Forgings & Fastners companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Kennametal India, Balu Forge Industries and Steelcast. Just below it: Amic Forging, M M Forgings and Sundaram Clayton. ### Castings, Forgings & Fastners companies close in size

1. [Kennametal India Ltd](https://www.sectoralpha.in/stocks/kennametal-india-ltd) ₹8,105 crore
2. [Balu Forge Industries Ltd](https://www.sectoralpha.in/stocks/balu-forge-industries-ltd) ₹5,371 crore
3. [Steelcast Ltd](https://www.sectoralpha.in/stocks/steelcast-ltd) ₹3,522 crore
4. Uniparts India Ltd ₹3,167 crore
5. [Amic Forging Ltd](https://www.sectoralpha.in/stocks/amic-forging-ltd) ₹2,361 crore
6. [M M Forgings Ltd](https://www.sectoralpha.in/stocks/m-m-forgings-ltd) ₹2,332 crore
7. [Sundaram Clayton Ltd](https://www.sectoralpha.in/stocks/sundaram-clayton-ltd) ₹2,258 crore

[All 20 Castings, Forgings & Fastners companies, largest first](https://www.sectoralpha.in/sectors/castings-forgings-fastners#all-companies)

### Companies close in size in other industries

1. [Anzen India Energy Yield Plus Trust](https://www.sectoralpha.in/stocks/anzen-india-energy-yield-plus-trust) ₹3,171 crore · Miscellaneous
2. [Sanghvi Movers Ltd](https://www.sectoralpha.in/stocks/sanghvi-movers-ltd) ₹3,171 crore · Capital Goods - EPC/Cranes
3. Uniparts India Ltd ₹3,167 crore
4. [VST Industries Ltd](https://www.sectoralpha.in/stocks/vst-industries-ltd) ₹3,151 crore · Cigarettes & Tobacco Products
5. [SBC Exports Ltd](https://www.sectoralpha.in/stocks/sbc-exports-ltd) ₹3,150 crore · Textiles - Readymade Apparel

## What else do people ask about Uniparts India? ### What is Uniparts India's share price today? Uniparts India Ltd's share price is ₹749.15, +50.3% over the past year. The whole company is worth ₹3,385 Cr on the market. In the last 52 weeks it traded between ₹414 to ₹897; today it is 69% of the way up from the low, 12.7% above its 200-day average (as of 3 November 2026). ### What were Uniparts India's latest quarterly results? Uniparts India Ltd reported revenue of ₹347 Cr and net profit of ₹57.0 Cr for the Jun 2026 quarter. Revenue rose 26.6% and profit rose 67.6% compared with a year earlier. Earnings per share were ₹12.54. The operating margin was 24.0%, 5.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Uniparts India's market cap? Uniparts India Ltd's market capitalisation is ₹3,385 Cr at a share price of ₹749.15. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Uniparts India performing? Uniparts India Ltd's share price has been rising for 58 weeks. In its latest quarter, revenue rose 26.6% and profit rose 67.6% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 2 weeks running (as of 3 November 2026). ### Will Uniparts India's share price go up? This page does not forecast Uniparts India Ltd's share price. What it shows instead: the share price is ₹749.15, and it has been rising for 58 weeks. Its P/E of 18.5× is higher than 65% of its own last 4 years (as of 3 November 2026). ### Where is Uniparts India in its business cycle? Uniparts India Ltd's FY26 operating margin was 21.0%, against a 9-year range of 11.0% to 22.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 24.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Uniparts India story? The main question: yearly earnings per share moved +79.8% while the share price moved +50.3%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Uniparts India a stock worth studying right now? What the numbers show: Uniparts India Ltd's earnings have grown faster than its share price. Earnings per share grew +79.8% in a year while the price moved +50.3%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Uniparts India share price forecast for 2026? What management itself guided: July to September 2026 expected in line with Q1; FY27 revenue growth a couple of percentage points above FY26 growth. What is changing at Uniparts India, from the latest results and calls: warehouse fulfillment channel mix expansion, operating leverage via volume inflection and precision machine parts (pmp) & product diversification. What would change the story: Operating margin falling below 19.5% for two consecutive quarters combined with trailing 12-month new business order intake rolling over below ₹180 Cr, signaling that margin gains were transitory inventory/FX artifacts rather than structural warehouse mix improvements. ### Where does this page get Uniparts India's management information? From Uniparts India's results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results. ## Lists

- Dividend stocks: https://www.sectoralpha.in/dividend-stocks-india

This is research, not advice. We’re not SEBI-registered.