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Earnings Call

Uflex Earnings Call: Key Takeaways

UFlex delivered strong Q4FY26 results with EBITDA margins hitting a 14-quarter high of 15.3%. Strategy focuses on backward integration and high-margin packaging solutions to drive profitability.

Highlights
Revenue growthFY26 revenue grew 2.1% YoY to ₹155,130 million.
MarginsQ4 EBITDA margin 15.3%; FY26 margin 12.8%, up 70bps.
Demand visibilityStrong CPG demand in Americas; soft demand in Europe.
Management confidenceHigh confidence in FY27 performance due to commissioned capacities.

Growth

Q4 revenue rose 5.7% YoY to ₹40,973mn; EBITDA jumped 31.8% YoY. Full-year FY26 revenue grew 2.1% to ₹155,130mn.

Outlook

Projecting FY27 sales of 10-10.5bn aseptic packs. Significant capex capitalization of ₹1,900-2,000cr expected in FY27.

Risks

Supply chain disruptions from West Asia conflict and fluctuating raw material costs affecting packaging film spreads.

Last quarter's promises, checked

Delivered

  • Guided FY26 EBITDA margin ~12% → delivered 12.8% (= BEAT)
  • Guided FY26 EBITDA ₹1,800-1,850cr → delivered ₹1,985cr (= BEAT)
  • Guided FY26 aseptic volume ~8.5bn packs → delivered 8.5bn packs (= BEAT)

Partly delivered

  • Guided debt to peak at current levels (₹8,000cr net) → delivered improved leverage ratio but debt remains high (= PARTIAL)

Missed

  • Guided top-line growth 5% → delivered 2.1% (= MISS)
Source

Earnings Call filed with NSE, NSE: UFLEX. Summary written with AI assistance from the document.

Read the document ↗

Uflex Ltd: key numbers

Share price
₹623.75
Market cap
₹4,504 Cr
Revenue (annual)
₹15,401 Cr
Net profit (annual)
₹317.1 Cr
P/E (TTM)
6.6×Sector 46.8×
Promoter holding
44.58%+0.00% QoQ
FII holding
9.67%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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