Unitec Fibres reports Rs 4.28 crore half-year net profit

Unitec Fibres Limited reported Rs 4.28 crore profit for the six months ended September 30, 2026, on operating revenue of Rs 121.16 crore, compared with Rs 3.73 crore profit on Rs 111.72 crore revenue in the corresponding 2025 half year. The company was listed on BSE’s SME Platform on September 30, 2026.

How did Unitec Fibres perform in the September 2026 half year?

Unitec Fibres reported Rs 121.16 crore of revenue from operations for the six months ended September 30, 2026, versus Rs 112.53 crore in the preceding six months ended March 31, 2026 and Rs 111.72 crore in the corresponding 2025 half year. Other income was Rs 32.52 lakh, bringing total income to Rs 121.48 crore.

Profit before tax was Rs 5.88 crore in the September 2026 half year, compared with Rs 5.97 crore in the March 2026 half year and Rs 5.58 crore a year earlier. Total tax expense was Rs 1.60 crore, below Rs 2.20 crore in the preceding half year and Rs 1.85 crore in the corresponding 2025 period, while profit for the period was Rs 4.28 crore against Rs 3.77 crore and Rs 3.73 crore, respectively.

The September-half revenue was higher than both comparative half years, while profit before tax was lower than the March 2026 half year despite the revenue increase. Post-tax profit nevertheless exceeded the March 2026 figure because the reported tax expense declined by Rs 60.22 lakh between the two periods.

What costs changed for Unitec Fibres during the half year?

Unitec Fibres recorded total expenses of Rs 115.61 crore for the September 2026 half year, compared with Rs 107.13 crore in the preceding half year and Rs 106.16 crore in the corresponding 2025 period. Cost of materials consumed was Rs 83.29 crore, up from Rs 69.64 crore in the March 2026 half year and Rs 71.26 crore a year earlier.

Other expenses were Rs 24.68 crore, compared with Rs 25.71 crore in the March 2026 half year and Rs 24.81 crore in the corresponding 2025 period. Employee benefits expense was Rs 4.58 crore, against Rs 4.48 crore in the preceding half year and Rs 4.28 crore a year earlier, while finance costs were Rs 1.32 crore, compared with Rs 87.82 lakh and Rs 78.21 lakh.

Depreciation and amortisation expense was Rs 1.59 crore, below Rs 1.77 crore in the March 2026 half year and Rs 1.72 crore in the corresponding 2025 period. The filing also said prior-period classifications were regrouped: direct expenses including power, fuel, freight, labour and stores were moved from materials consumed to other expenses, with regrouped amounts of Rs 20.80 crore for the September 2025 half year and Rs 20.95 crore for the March 2026 half year.

What were Unitec Fibres’ per-share results and capital changes?

Unitec Fibres reported basic and diluted earnings per share of Rs 4.05 for the September 2026 half year, compared with Rs 3.59 for the March 2026 half year and Rs 3.55 for the corresponding 2025 period. The company said half-year earnings per share are calculated on the weighted average number of equity shares outstanding and are not annualised.

Paid-up equity share capital stood at Rs 14.42 crore on September 30, 2026, compared with Rs 10.50 crore on March 31, 2026. The increase followed the initial public offering of 39.17 lakh equity shares of face value Rs 10 each at Rs 88 per share, including a Rs 78 premium; the shares were allotted on September 28, 2026 and listed two days later.

Reserves and surplus were Rs 84.80 crore at September 30, 2026, compared with Rs 54.59 crore at March 31, 2026, while shareholders’ funds rose to Rs 99.21 crore from Rs 65.10 crore. Unitec Fibres reported one business and geographical segment, polyester staple fibre and related products in domestic and export markets, and said it had no subsidiary, associate or joint venture.

What do Unitec Fibres’ balance sheet and cash flows show?

Unitec Fibres had total assets of Rs 242.13 crore at September 30, 2026, compared with Rs 169.35 crore at March 31, 2026. Capital work-in-progress increased to Rs 66.68 crore from Rs 44.93 crore, while property, plant and equipment declined to Rs 42.92 crore from Rs 44.39 crore.

Current assets were Rs 118.58 crore at September 30, 2026, compared with Rs 71.99 crore at March 31, 2026. Inventories rose to Rs 45.33 crore from Rs 40.97 crore and trade receivables increased to Rs 19.80 crore from Rs 13.93 crore; cash and cash equivalents were Rs 3,457.53 lakh, compared with Rs 10.48 lakh.

Net cash from operating activities was Rs 2.51 crore in the September 2026 half year. Investing activities used Rs 23.41 crore, including Rs 21.78 crore for purchases of property, plant and equipment, net of sale proceeds, and Rs 2.52 crore in advances for machinery and projects; financing activities generated Rs 55.37 crore.

How did Unitec Fibres deploy its IPO proceeds after September 2026?

Unitec Fibres had received Rs 34.44 crore of IPO proceeds by September 30, 2026, and said the money was held in a public issue or escrow account with Kotak Mahindra Bank and was not available for use on that date. The company said Rs 2.82 lakh of remaining proceeds was received in October 2026.

Unitec Fibres said Rs 29.90 crore was transferred to its account on October 5 and 6, 2026 and used to repay a term loan from Kotak Mahindra Bank, in line with the offer document’s stated objects. The filing said Rs 12.64 lakh remained in the public issue account on October 7, 2026, and also disclosed that interest on delayed payments to micro and small enterprises had not been provided in the half-year results.

Conclusion

Unitec Fibres’ September 2026 half-year results show higher revenue and profit than in the corresponding 2025 period, with operating revenue of Rs 121.16 crore and profit of Rs 4.28 crore. The comparison with the March 2026 half year shows that revenue increased while profit before tax declined from Rs 5.97 crore to Rs 5.88 crore, alongside a lower tax charge.

The next disclosed matters to watch are the financial-year-end determination and provision of interest on delayed payments to micro and small enterprises, and the balance-sheet effect of the Rs 29.90 crore term-loan repayment made in October 2026 from IPO proceeds. The board approved the unaudited September 2026 results on November 14, 2026 after Audit Committee review and a statutory-auditor limited review.