UNIVAFOODS - Univa Foods
📢 Recent Corporate Announcements
Univa Foods Limited has announced a leadership transition effective March 11, 2026. Mr. Mallinath Madineni has resigned from his position as Managing Director and all associated board committees with immediate effect. To fill the vacancy, the board has appointed Mr. Pravin Chauhan as the new Managing Director for a five-year term ending March 10, 2031. Mr. Chauhan is a commerce graduate with extensive experience in finance and corporate financial management, which is expected to bolster the company's governance and financial efficiency.
- Appointment of Mr. Pravin Chauhan as Managing Director for a fixed 5-year term from March 11, 2026, to March 10, 2031.
- Immediate resignation of Mr. Mallinath Madineni from the MD position and all board committees.
- New MD Pravin Chauhan brings specialized expertise in Finance, Accounting, and Corporate Financial Management.
- The board meeting approving these changes concluded within 30 minutes on March 11, 2026.
- The company confirmed there are no other material reasons for the outgoing MD's resignation.
Univa Foods Limited has announced a significant leadership transition effective March 11, 2026. Mr. Pravin Chauhan has been appointed as the Managing Director for a five-year term, bringing a background in finance and corporate management to the role. This follows the immediate resignation of Mr. Mallinath Madineni from the Managing Director position and all associated board committees. The board has confirmed that there are no other material reasons for the outgoing MD's resignation.
- Appointment of Mr. Pravin Chauhan as Managing Director for a 5-year term until March 10, 2031
- Immediate resignation of Mr. Mallinath Madineni from the MD post and all board committees on March 11, 2026
- New MD Pravin Chauhan is a Commerce graduate with expertise in Finance and Corporate Financial Management
- The board meeting was conducted and concluded within 30 minutes on March 11, 2026
Univa Foods Limited has released its standalone unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results in a meeting held on February 5, 2026. Following the approval, the company published the results in the Financial Express and Mumbai Lakshdeep newspapers on February 7, 2026, to comply with SEBI listing regulations.
- Standalone unaudited financial results for Q3 and nine months ended Dec 31, 2025, were taken on record.
- Board of Directors meeting for approval was held on February 5, 2026.
- Results published in Financial Express (English) and Mumbai Lakshdeep (Marathi) on February 7, 2026.
- Compliance filing under Regulation 30 and 47 of SEBI (LODR) Regulations, 2015.
Univa Foods Limited's Board of Directors met on February 5, 2026, to approve the unaudited financial results for the quarter and nine months ended December 31, 2025. The results were accompanied by a Limited Review Report from the statutory auditors, M/s. B. M. Gattani and Co. While the cover letter confirms the approval of these results, specific financial figures such as revenue and net profit were not detailed in the summary text. Investors should review the full financial tables to assess the company's operational performance for the period.
- Board approved unaudited financial results for the quarter ended December 31, 2025.
- Financial results for the nine-month period ending December 31, 2025, were also cleared.
- Statutory auditors M/s. B. M. Gattani and Co. issued a Limited Review Report on the financials.
- The board meeting commenced at 04:30 P.M. and concluded at 05:15 P.M. on February 5, 2026.
Univa Foods Limited has officially approved its unaudited financial results for the quarter and nine-month period ending December 31, 2025. The board meeting took place on February 5, 2026, and the results have been subjected to a limited review by the statutory auditors, M/s. B. M. Gattani and Co. This filing is a mandatory regulatory requirement under SEBI Listing Obligations. Investors should now analyze the detailed profit and loss statements to gauge the company's current fiscal health.
- Board approved unaudited financial results for the quarter ended December 31, 2025
- Board approved unaudited financial results for the nine-month period ended December 31, 2025
- Limited Review Report issued by Statutory Auditors M/s. B. M. Gattani and Co.
- Board meeting duration was 45 minutes, concluding at 5:15 P.M. IST on February 5, 2026
Univa Foods Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by MUFG Intime India Private Limited, confirms that all share dematerialization requests for the quarter ended December 31, 2025, were processed within prescribed timelines. It further verifies that physical certificates were mutilated and cancelled after the name of the depositories was substituted in the register of members. This is a standard regulatory filing confirming the company's adherence to share registry protocols.
- Compliance certificate submitted for the quarter ended December 31, 2025.
- Issued by Registrar and Share Transfer Agent (RTA) MUFG Intime India Private Limited.
- Confirms that dematerialized securities are listed on the relevant stock exchanges.
- Verification that physical certificates were mutilated and cancelled as per SEBI guidelines.
Financial Performance
Revenue Growth by Segment
Not disclosed in available documents; the company reports having no separate reportable segments.
Geographic Revenue Split
Not disclosed; the company's registered office is in Mumbai, Maharashtra.
Profitability Margins
Net Profit Margin is negative; the company reported a Net Loss of INR 20.84 Lakhs in FY25, which was a 70.67% improvement from the INR 71.07 Lakhs loss in FY24. However, H1 FY26 loss of INR 24.94 Lakhs represents a 5095% increase over the H1 FY25 loss of INR 0.48 Lakhs.
EBITDA Margin
Negative; Operating loss before working capital changes was INR 24.94 Lakhs for H1 FY26, compared to a loss of INR 0.33 Lakhs in H1 FY25.
Capital Expenditure
Historical Capex is negligible; Depreciation on Property, Plant, and Equipment was only INR 0.03 Lakhs in FY25, down 76.9% from INR 0.13 Lakhs in FY24.
Credit Rating & Borrowing
Not disclosed; Total current liabilities were INR 6.44 Lakhs as of March 31, 2025.
Operational Drivers
Raw Materials
Not disclosed; the company operates in the food sector but specific raw materials are not listed.
Capacity Expansion
Current installed capacity is near zero based on Property, Plant, and Equipment values of INR 0.00 Cr (listed as 000 in standalone results); no expansion plans disclosed.
Raw Material Costs
Not disclosed; Sundry balances written off decreased by 99.7% from INR 48.14 Lakhs in FY24 to INR 0.12 Lakhs in FY25.
Manufacturing Efficiency
Not disclosed; depreciation levels suggest minimal to no active manufacturing operations.
Strategic Growth
Growth Strategy
Not disclosed; the company is currently focused on financial reporting and board restructuring following significant director resignations in October 2025.
Products & Services
Food products (specific categories such as processed foods or staples are not disclosed).
Brand Portfolio
Univa Foods
External Factors
Industry Trends
The food industry is growing at approximately 10-12% annually in India, but Univa Foods is positioned poorly due to financial insolvency and a 5095% spike in H1 FY26 losses.
Competitive Landscape
Not disclosed; the company faces competition from both organized and unorganized food processing players.
Competitive Moat
No durable moat identified; the company faces extreme financial distress with a negative net worth of INR 15.08 Cr and no reported proprietary technology or brand leadership.
Macro Economic Sensitivity
Not disclosed; however, the company is highly sensitive to capital market regulations and going concern requirements.
Regulatory & Governance
Industry Regulations
Subject to food safety standards and Companies Act requirements; the company recently underwent a significant board change with the resignation of two Independent Directors (Prasoon Mishra and Gayathri Srinivasan Iyer) in October 2025.
Taxation Policy Impact
Not disclosed; the company is reporting losses and has no current tax liability.
Risk Analysis
Key Uncertainties
Going Concern Risk: The company has a negative net worth of INR 15.08 Cr and accumulated losses of INR 43.63 Cr, creating high uncertainty regarding its future viability.
Geographic Concentration Risk
Operations are concentrated in Maharashtra, India.
Technology Obsolescence Risk
High risk due to lack of investment in modern food processing equipment (PPE near zero).
Credit & Counterparty Risk
Trade receivables were not reported as a significant asset in the FY25 balance sheet.