Uni Abex Alloy pays ₹100 dividend after selling Thane land
The company booked a ₹273.53 crore gain from a property sale, funding a special dividend and marking a leadership change.
— 1 earlier story on Uni Abex Alloy Products Ltd. →What's new
- Uni Abex Alloy recommended a ₹100 per share dividend for FY26.
- The payout includes a ₹60 special dividend funded by a Thane land sale.
- Nisar Hassan, formerly COO, is the new CEO effective immediately.
Why this matters
The land sale is the primary driver of this year's financials, accounting for nearly all of the company's ₹279.86 crore net profit. The core business remains a smaller contributor to the bottom line.
What we're watching
- Shareholder approval for the dividend at the upcoming AGM.
- How the new CEO prioritizes capital allocation after the land sale.
- Revenue growth sustainability beyond the 13% reported this year.
The full read
Uni Abex Alloy Products is distributing a large portion of its recent land sale proceeds to shareholders. The company recommended a total dividend of ₹100 per share for FY26, a figure that includes a ₹60 special dividend linked to the monetization of its Thane property. The land sale generated an exceptional gain of ₹273.53 crore, which dwarfs the company's operating performance and accounts for nearly the entire ₹279.86 crore net profit reported for the year. With a market capitalization of ₹785 crore, this payout represents a yield of about 2.5%. The board also promoted COO Nisar Hassan to the CEO role. The dividend remains subject to shareholder approval at the upcoming AGM. The core business grew revenue by 13% to ₹218.78 crore, but the financial results for this fiscal year are defined by the property exit rather than operational expansion.
Questions answered
- What is the total dividend payout per share?
- The board recommended a total of ₹100 per share. This consists of a regular dividend and a ₹60 special dividend.
- How much did the land sale contribute to the company's profit?
- The Thane land sale generated an exceptional gain of ₹273.53 crore. This represents the vast majority of the company's total net profit of ₹279.86 crore for the year.
- Who is the new CEO?
- Nisar Hassan, the former Chief Operating Officer, was promoted to CEO with immediate effect.
- What was the revenue growth for the fiscal year?
- Revenue from operations grew 13% to reach ₹218.78 crore.
Story so far
All notes on UNIABEXAL →- 27 May 2026 · 10:03 PM IST Uni Abex Alloy pays ₹100 dividend after selling Thane land
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