Uni Abex Alloy approves ₹100 dividend after land sale windfall
The company booked a ₹273.53 cr gain from selling its Thane land, pushing net profit to ₹279.86 cr. Nisar Hassan moves from COO to CEO.
— 2 earlier stories on Uni Abex Alloy Products Ltd. →What's new
- Board approved a final dividend of ₹40 and a special dividend of ₹60 per share.
- Net profit hit ₹279.86 cr, aided by a ₹273.53 cr exceptional gain from a land sale.
- Nisar Hassan is the new CEO, promoted from his previous role as COO.
Why this matters
The land sale provides a one-time cash injection that funds a large dividend payout. Investors should separate this non-recurring windfall from the company's underlying operational performance. The leadership change to Nisar Hassan marks a change in executive oversight.
What we're watching
- How the company deploys the remaining proceeds from the Thane land sale.
- Whether the new CEO changes the firm's core manufacturing strategy.
- Sustainability of dividend payouts once the one-time gain is exhausted.
The full read
Uni Abex Alloy Products confirmed its audited annual results for FY2025-26, anchored by a ₹273.53 crore exceptional gain from the sale of its Thane land. This windfall pushed the company's net profit to ₹279.86 crore. The board declared a total dividend of ₹100 per share, split between a ₹40 final dividend and a ₹60 special dividend. The company also promoted former COO Nisar Hassan to the position of CEO. The dividend payout is tied directly to the one-time land sale. The market already priced in these developments, as the core figures were shared in previous disclosures. The next test is how the company manages its operations under the new CEO and what it plans to do with the remaining cash from the land divestment.
Questions answered
- What drove the company's net profit to ₹279.86 crore?
- The profit came from a one-time exceptional gain of ₹273.53 crore from the sale of land in Thane.
- How much will shareholders receive in dividends?
- The board recommended a total payout of ₹100 per share, consisting of a ₹40 final dividend and a ₹60 special dividend.
- Who is the new CEO?
- Nisar Hassan is the new CEO. He previously served as the company's COO.
- Are these results a surprise?
- No. The core information regarding the land sale and financial outcomes appeared in prior announcements.
Story so far
All notes on UNIABEXAL →- 28 May 2026 · 12:54 AM IST Uni Abex Alloy approves ₹100 dividend after land sale windfall
- today Uni Abex Alloy pays ₹100 dividend after selling Thane land
- today Uni Abex Alloy pays ₹100 dividend after Thane land sale