Unimech Aerospace and Manufacturing Ltd Q2 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Published 6 Aug 2026 | Market Cap: ₹6.8K Cr

Unimech aims to achieve Rs. The company aims to achieve revenue of Rs.1,000 crores by FY29, driven by 65% aero tooling and 35% nuclear and precision segments.

From Unimech Aerospace and Manufacturing Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.

Price

₹1,491

Market Cap

₹6.8K Cr

P/E Ratio

95.0

Unimech Aerospace and Manufacturing Ltd — Quarterly revenue & net profit

Revenue Net Profit

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹34 Cr, net profit ₹2 Cr.

Full financials →

📊 Revenue & Sales Performance

→Unimech aims to achieve Rs. 1,000 crores in revenue by FY29, with approximately 65% from aero tooling and 35% from nuclear and precision segments.
→The company expects next two quarters to show a much stronger order book versus current levels.
→Revenues in the near term (next quarter) may be slow with strength returning in the last quarter.
→Growth is contingent on tariff clarifications and potential reductions; if tariffs decrease significantly, ramp-up in revenues is expected but not immediate.
→Customers are shifting from inventory-based ordering to just-in-time, causing short-term volume dips but expected to stabilize later.
→Diversification into precision and nuclear segments is planned to build resilience and long-term stability despite some margin compression.
→Inorganic growth via acquisitions and joint ventures, including expansion in the Middle East, is core to growth strategy.
→Overall, growth will be cautious due to geopolitical and tariff challenges but aimed at sustainable long-term expansion.

📈 Profitability & Margins

→The company aims to achieve revenue of Rs.1,000 crores by FY29, driven by 65% aero tooling and 35% nuclear and precision segments.
→EBITDA margins are currently around 30%, with potential dips linked to tariff impacts; the company targets maintaining above 30% margins if sales stabilize.
→Gross margins are expected to stay between 60%-62% by the end of the financial year despite first article costs and capacity expansion.
→Short-term revenue growth impacted by U.S. tariffs and shift from inventory to order-based customer strategies; gradual recovery expected with tariff improvements.
→Order book strength is building, especially in nuclear projects and tooling business, supporting medium- to long-term growth.
→Working capital cycle may increase due to nuclear projects but is managed by raised credit lines and funds.
→Management expects a slower next quarter revenue but stronger order flows in subsequent quarters, underpinning consistent long-term earnings growth.

🏗️ Capital Expenditure Plans

→Recent capacity additions have increased total machine capacity to 6.83 lakh units, focusing on strategic investment for future scalability.
→New capacity additions contribute to lower current utilization (around 55%) but are intended for long-term growth.
→Fixed assets turnover ratio is currently low due to recent capacity build-up; expected to improve to 3x-3.5x over the next 24-30 months with utilization and revenue growth.
→Investments have been made in machinery targeting newer segments like nuclear and precision components.
→Working capital funding support is secured through credit lines and IPO proceeds to manage increased working capital needs from these investments.
→Inorganic growth agenda progressing with active deal flow, disciplined screening, and advancing joint ventures, including focus on propulsion technology (DHEYA).
→Management emphasizes continuous investments across capabilities, technology, and people to build a stronger and globally competitive business for the long term.

💰 Fundraising & Capital Structure

→The company has already raised funds post-IPO to support working capital requirements, especially considering the increase expected from nuclear projects and long-term agreements.
→Additional credit lines are available to manage higher working capital arising from longer gestation periods in the nuclear segment.
→No explicit mention of any new, upcoming fundraising through debt or equity in the near term.
→The management emphasizes disciplined cost management and operational efficiency to maintain financial health.
→Inorganic growth through acquisitions and joint ventures is progressing but does not specify any concurrent fundraising.
→Overall, current arrangements and credit facilities are deemed sufficient to support planned growth and working capital needs.

📋 Order Book & Pipeline

→Current order book stands at approximately Rs.105 crores as of early November 2025.
→Around 95% of the order book pertains to the tooling business.
→A strong pipeline exists across all business segments: aero tooling, nuclear, and fission.
→Nuclear segment bids have been submitted for projects amounting to around Rs.800 crores, with tender evaluations nearing completion and results expected between November and December 2025.
→The company expects a much stronger order book in the coming two quarters compared to current levels.
→Despite tariff-related uncertainties causing some short-term revenue fluctuations, management is confident about a healthy and growing order pipeline.

Key Metrics

Frequently Asked Questions

What were Unimech Aerospace and Manufacturing Ltd Q2 FY26 results?

Unimech aims to achieve Rs. The company aims to achieve revenue of Rs.1,000 crores by FY29, driven by 65% aero tooling and 35% nuclear and precision segments.

What is Unimech Aerospace and Manufacturing Ltd share price analysis?

Unimech Aerospace and Manufacturing Ltd currently shows a neutral. The stock trades at a P/E of 95.0 with a market cap of ₹6,845 Cr. Investors should review the full earnings analysis for detailed insights.

Is Unimech Aerospace and Manufacturing Ltd planning capital expenditure?

Recent capacity additions have increased total machine capacity to 6.83 lakh units, focusing on strategic investment for future scalability.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.