UNIMECH Q1 FY27 Guidance vs Delivery (UNIMECH Management Mirror)

Q1 FY27 Revenue Reported at 10,762 Lakhs, Surpassing Guided Q4 FY26 Baseline; Cobalt Bellows FY27 Growth Initiated at 15-20%

Management expects Cobalt Bellows revenue to grow between 15% and 20% for FY27, with Q2 FY27 anticipated to be stronger with higher revenue. Chronologically, in the Dec'25 Qtr concall, FY26 revenue guidance was downgraded from an expectation of crossing Rs 300 crore to just surpassing the previous year's Rs 240 crore due to U.S. tariff pressures. In the Mar'26 Qtr concall, management reported FY26 net revenue crossed Rs 240 crore (gross revenue Rs 257 crore), meeting the revised guidance. Concurrently, management initiated Q1 FY27 guidance, expecting consolidated revenue to surpass Q4 FY26 levels of Rs 82 crore. In the Jun'26 Qtr, Quarterly Financial Results reported Q1 FY27 revenue at 10,762 Lakhs (with concall commentary noting approximately 108 crore), successfully surpassing the guided Q4 FY26 baseline. Additionally, in the Dec'25 Qtr concall, management guided that over the next three years, the revenue mix is projected to shift from 77% aero tooling and 23% precision components to approximately 60-65% aero tooling and 35-40% precision components, while the export-to-domestic ratio is expected to evolve from 95:5 to 80:20.