Uni Abex Alloy pays ₹100 dividend after Thane land sale
The company is distributing a ₹60 special dividend alongside a ₹40 regular payout, following a one-time gain of ₹273.53 crore from property disposal.
— 1 earlier story on Uni Abex Alloy Products Ltd. →What's new
- Uni Abex Alloy declared a ₹100 per share dividend following a land sale in Thane.
- COO Nisar Hassan is promoted to CEO with immediate effect.
- FY26 net profit reached ₹279.86 crore, driven by a ₹273.53 crore exceptional gain.
Why this matters
The dividend provides a cash return from a land sale that investors already anticipated. Elevating the COO to CEO suggests the board prefers internal stability as it works through the post-monetization phase.
What we're watching
- How the company deploys the remaining cash from the land sale.
- Whether the new CEO maintains the current operational trajectory.
- The sustainability of core margins without the benefit of exceptional gains.
The full read
Uni Abex Alloy is distributing the proceeds of its Thane land sale to shareholders. The board declared a total dividend of ₹100 per share, including a ₹60 special payout. This follows a ₹273.53 crore exceptional gain from the property disposal, which pushed the company's FY26 net profit to ₹279.86 crore.
Cash is king.
While the land sale was known, the dividend quantifies the immediate benefit to investors, representing a yield of roughly 2.5% on the company's ₹785 crore market capitalization. Core operations showed growth, with revenue reaching ₹218.78 crore compared to ₹193.08 crore last year. Alongside the financial update, the company promoted COO Nisar Hassan to CEO. The move signals a preference for continuity as the company transitions from a property-monetization event back to its core business. The next test is whether the new CEO can sustain these margins without the benefit of one-time gains.
Questions answered
- What is the total dividend payout per share?
- The board recommended a total dividend of ₹100 per share. This consists of a regular dividend and a ₹60 special dividend funded by the Thane land sale.
- How much did the land sale contribute to the company's profit?
- The property disposal generated an exceptional gain of ₹273.53 crore. This gain accounts for the vast majority of the company's ₹279.86 crore net profit for FY26.
- Who is the new CEO?
- Nisar Hassan, the former Chief Operating Officer, has been promoted to CEO. The appointment is effective immediately.
- What was the revenue growth for the year?
- Revenue from operations rose to ₹218.78 crore in FY26, up from ₹193.08 crore in the previous year.
- What is the dividend yield based on the current market cap?
- The dividend represents a yield of approximately 2.5% relative to the company's current market capitalization of ₹785 crore.
Story so far
All notes on UNIABEXAL →- 27 May 2026 · 9:42 PM IST Uni Abex Alloy pays ₹100 dividend after Thane land sale
- today Uni Abex Alloy pays ₹100 dividend after selling Thane land