How has been the historical performance of Unipro Technolgy?

Revenue and Operating Income Trends

Examining Unipro Technolgy's standalone annual results from March 2016 through March 2025, the company experienced its highest net sales in the fiscal year ending March 2017, registering ₹3.11 crores. This peak was followed by a sharp decline, with net sales dropping to ₹0.16 crores in March 2018 and further dwindling to negligible levels in subsequent years, including zero reported sales in the latest fiscal years ending March 2024 and March 2025.

Total operating income mirrored this trend, peaking at ₹3.11 crores in 2017 before contracting drastically to near zero in recent years. The absence of other operating income throughout the period indicates that the company’s revenue streams have been primarily reliant on core sales activities, which have diminished significantly.

Cost Structure and Expenditure Analysis

Unipro Technolgy's cost profile has evolved alongside its revenue changes. Purchase of finished goods, a major component of operating expenses, was ₹2.53 crores in 2017 but fell to zero in recent years, reflecting the decline in sales activity. Employee costs, while relatively low, have shown a slight increase in the latest fiscal year to ₹0.13 crores, despite the absence of sales, suggesting fixed overhead pressures.

Manufacturing expenses remained fairly consistent at around ₹0.12 to ₹0.18 crores in earlier years but have dropped to zero in the latest periods. Other expenses, however, have increased to ₹0.29 crores in March 2025 from negligible amounts in prior years, contributing to the overall cost burden despite minimal revenue.

Profitability and Margins

Profitability metrics highlight the challenges faced by Unipro Technolgy in recent years. The company reported a positive operating profit (PBDIT) of ₹0.36 crores in March 2017, corresponding to an operating profit margin of 11.44%. However, this profitability reversed sharply in subsequent years, with operating margins turning negative and reaching zero in the latest fiscal years.

Profit after tax (PAT) followed a similar pattern, with a modest profit of ₹0.20 crores in 2017 and a positive PAT margin of 6.33%. From 2018 onwards, the company has consistently reported losses, culminating in a PAT loss of ₹0.35 crores in March 2025. Earnings per share (EPS) reflect this downturn, declining from a positive 0.32 in 2017 to a negative 0.58 in 2025.

Depreciation charges have remained minimal and stable, indicating limited capital asset write-offs. Interest and exceptional items have been consistently absent, suggesting no significant financing costs or one-off impacts during the period.

Capital Structure and Reserves

Unipro Technolgy's equity capital has remained steady at ₹6.08 crores throughout the period, with a face value of ₹10 per share. Notably, reserves were reported as zero until a negative reserve of ₹6.63 crores appeared in March 2024, signalling accumulated losses impacting the company's net worth.

Public shareholding and pledged promoter holdings have been reported as zero, indicating a closely held ownership structure without external public participation or promoter pledging.

Balance Sheet and Cash Flow Insights

It is important to note that Unipro Technolgy has not declared any standalone balance sheet or cash flow results in the available data. This absence limits a comprehensive assessment of the company’s asset base, liabilities, liquidity position, and cash generation capabilities. Investors should exercise caution and seek further disclosures to better understand the company’s financial health beyond the income statement.

Summary of Historical Performance

Overall, Unipro Technolgy’s historical performance depicts a company that experienced a brief period of moderate revenue and profitability around 2017 but has since faced a steep decline in sales and earnings. The persistent losses in recent years, coupled with negative reserves, suggest operational and financial challenges. The lack of balance sheet and cash flow disclosures further complicates the evaluation of its current standing and future prospects.

Investors analysing Unipro Technolgy should weigh these factors carefully, considering the company’s diminished revenue base, ongoing losses, and limited financial transparency. Comparative analysis with sector peers and alternative investment opportunities may provide additional context for decision-making.

Get 2 full years of MojoOne Premium for only Rs. 12,999. Subscribe for 1 year and we'll add another year FREE. Offer valid for a limited time. Start Saving Now →