Uni Abex Alloy Products

Stock Opportunities Untested - but worth a good look
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Business Details:

  1. About company : With a legacy spanning 50 years, It is one of the leading manufacturers and exporters of centrifugal and static castings in heat, wear and corrosion-resistant stainless-steel alloys.
  2. Manufacturing facilities: The state-of-the-art facility located in Dharwad has helped it to consistently push the boundaries of innovation, developing new alloys and exploring cutting-edge materials and technologies. It has changed the outlook of your company from a manufacturer to a solution provider.
  • It has 10 MT continuous Omega sand plant for static castings and 3 MT continuous Omega sand plant for core making.
  • The Static foundry produces 1200 MT of saleable castings annually & can pour single pieces up to 3000 kilograms.
  1. Products: Our core expertise lies in the production of high-quality alloy steel castings for decanters and reformer tubes.

  1. State-of-the-art testing facilities:
  2. Clients: |613x319.9296991996609

Growth:

  1. Growth opportunities in marine applications:
  2. Growth opportunities in Defence applications:

  1. Petro segment Demand:

Profitability:

  1. Margin expansion can significantly boost the profitability over the years:

Strategic Intent:

  1. Focused on increasing product line,customer base and increasing OEM customers : Our investment opportunities align perfectly with our strategic objectives, enabling us to grow our business, improve our product line, and cater to a larger customer base.
  2. Aspires to move up the value chain:

  1. Focused on stringent quality control:

Competitive Advantages and Intensity:

  1. Developed centrifugally cast Hastelloy assemblies for european OEMS:

  1. Partnered with the Tata Group to develop air injection tubes critical for sponge iron technology:
  2. Produced 50 chrome - 50 Nickel Niobium alloy components for the Indian Navy for application in fuel ash environment:
  3. Developed parts equivalent to UM-Co grade, a Cobalt-based alloy for steel mill applications: |624x494.5761564348155
  4. Capabilities include both horizontal and vertical centrifugal casting, as well as static and sand casting:

Financials:

  1. Huge OPM expansion over the year and low profit base:
  2. Low equity capital and negligible debt and increasing reserves:
  3. Valuations: Its trading @14.5x FY25 earnings without growth.

Disclaimer -Invested and biased.

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hello, Iā€™m not sure. but the following screenshot has got me worried. why trade receivables and inventories cost so much?

image
image1733Ɨ140 15.2 KB

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Q3 results are out.

Good improvement in margin YOY and sustaining on QOQ basis.

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