Umiya Buildcon Limited (BSE: 532376 | NSE: UMIYA-MRO and formerly MRO-TEK Realty Limited), a publicly listed dual-sector company, today announced its financial results for the first quarter of FY2026.
For the quarter ending 30 June 2025, Umiya Buildcon reported a 17% year-on-year increase in Revenue from Operations at Rs12.82 crore, compared to Rs10.89 crore in Q1 FY25. The adjusted EBITDA for Q1 FY 26 stood at Rs42.12 crore, reflecting 745% YoY growth, driven by higher operating efficiencies and strategic asset monetisation initiatives.
The Company also reported key operational updates for the quarter, reinforcing its commitment to a hybrid growth model that leverages two revenue engines — high-margin real estate and telecom and networking solutions backed by in-house R&D.
During the quarter, the Company successfully monetised a non-core manufacturing property in Electronics City, Bengaluru, unlocking Rs40.5 crore in value. This divestment is part of Umiya Buildcon’s strategy to reallocate capital towards growth levers across both business verticals. The proceeds will be used to:
(i) Establish a new, cost-efficient manufacturing facility with improved access to skilled talent.
(ii) Advance R&D and product development in its telecom and networking vertical with emphasis on indigenisation and the Make in India mission.
(iii) Accelerate execution of its ultra-premium real estate pipeline in North Bengaluru and Goa.
“It has been a remarkable first quarter for Umiya Buildcon. The successful closure of our asset monetisation is not just a financial milestone but a strategic move that strengthens our capital position and accelerates our roadmap across both real estate and Telecom/Networking. We are confident that the hybrid model we’ve built spanning two distinct and high-potential revenue streams will continue to unlock long-term shareholder value,” said Aniruddha Mehta, Chairman and Managing Director, Umiya Buildcon Ltd.
The Company entered the premium real estate segment under the Umiya brand with the launch of a RERA-approved boutique project in Candolim, Goa. Located on a prime beachfront site, the project blends privacy and boutique living in one of India’s most sought-after coastal destinations. The Company is also exploring developments in Benaulim, Goa and North Bengaluru, targeting affluent homebuyers and urban professionals.
Among Umiya’s core differentiators is its in-house execution model, which spans the entire project lifecycle—from architectural design and structural engineering to site supervision and interior planning. This integrated approach ensures quality control, accountability, and timely delivery across every stage of development.
As part of its strategic vision, the Company has divested non-core assets while relocating its telecom and network equipment manufacturing operations to a more cost-effective location to enhance operational efficiency and capital redeployment.
Umiya Buildcon has been expanding its telecom and networking business under the MRO-TEK brand—a DoT-approved Trusted original equipment manufacturer and system integrator with over 40 years of experience. The Company maintains 1,500+ network links across India through large-scale WAN deployments for government agencies. These networks are monitored in real-time via four on-site Network Operations Centres and its proprietary software platform Omni-Eye, designed to meet stringent service-level agreements.
In Pondicherry, the Company deployed its advanced Falcon-Eye Unified Threat Management (UTM) devices across the State Wide Area Network (SWAN). This connects government departments and offices over a BSNL MPLS backbone and is secured with features like intrusion prevention, gateway firewall, URL filtering, application control, and ISP-level routing protection, ensuring robust and compliant digital governance infrastructure.
The Company has also executed major projects for Western Coalfields Limited and Bharat Coking Coal Limited, both subsidiaries of Coal India. These networks provide ERP connectivity across wide geographies, with post-deployment support handled through MRO-TEK’s managed services stack.
Umiya Buildcon is committed to the Make in India mission, with all core networking products—including routers, switches, UTMs, and the Omni-Eye platform—designed, developed, and manufactured at its in-house electronics facility in Bengaluru.
The Company is strengthening its telecom innovation pipeline through indigenised solutions. This quarter, the Company completed in-house development of a TDMoIP (Time Division Multiplexing over IP) product for a major Indian defence system integrator. The device cleared Army field trials in extreme conditions and is now positioned for upcoming tenders, with strong potential for international demand. Umiya Buildcon also advanced its product roadmap with the development of a 1G switch and upcoming 10G and 40G variants, all backed by its DSIR-approved R&D centre and manufactured at its Bengaluru facility.
“We’re proud to have cleared Army field trials for our TDMoIP product, built entirely in-house for the Indian defence ecosystem. It’s a strong validation of our R&D depth and the rugged reliability of our platforms. Alongside, we’ve completed development of our 1G switch and are now focused on scaling up to 10G and 40G. These innovations reflect our long-term commitment to Make in India and building globally competitive telecom and networking solutions to scale up value and growth in our Telecom & Network Vertical,” said Group Captain CS Krishnadas (Retd), Chief Operating Officer, Umiya Buildcon Limited.
Umiya Buildcon aims to: Operationalise its new manufacturing site for improved cost-efficiency; Accelerate ongoing real estate developments and Expand its defence portfolio with next-gen IP-based networking products.
With deep operational experience, internal innovation, and a strategic hybrid model, Umiya Buildcon is well-positioned to deliver resilient, high-yield growth across the electronics and real estate sectors.
