Shares of Unimech Aerospace and Manufacturing Ltd jumped nearly 8% on Tuesday following the announcement of a significant supply agreement. According to reports from The Hindu BusinessLine, the stock touched an intraday high of ₹1,200.50, up 7.93% from the previous close of ₹1,091.40, before settling around ₹1,178 by mid-afternoon trade. The trading volume stood at 2.10 lakh shares with a traded value of ₹24.40 crore, as the company's market capitalisation rose to ₹5,978.74 crore. As per Business Standard, the stock jumped 7.66% to ₹1,176.60 following the announcement.
The company announced it had signed a long-term supply agreement with Austria-based FACC Operations GmbH, a leading aerospace Tier-1 supplier. As reported by The Hindu BusinessLine, the agreement covers the manufacture and supply of precision-engineered aerospace components and flying parts. FACC is described as a worldwide leading aerospace company in design, development and production of aerospace technologies and advanced aircraft lightweight systems, serving as the technology partner of all major manufacturers. The contract was awarded following a competitive global sourcing process involving international suppliers, with the deal following a multi-year engagement that included technical evaluations, capability assessments, quality reviews and commercial negotiations.
According to the company announcement, Unimech will now undergo a qualification and industrialisation phase over the coming quarters, including first article approvals and process validations, before moving to serial production. Chairman and Managing Director Anil Kumar Puttan stated that the agreement reflected confidence from global aerospace customers in the company's engineering and manufacturing capabilities, calling it a step that strengthens Unimech's Precision Components & Parts business. As per Business Standard, Puttan emphasized that this opportunity was awarded through a highly competitive global sourcing process, demonstrating the competitiveness of their capabilities on an international stage.
As reported by The Hindu BusinessLine, Unimech, headquartered in Bengaluru, serves aerospace, defence, energy, semiconductor and industrial sectors, with customers across North America, Europe and Asia. The company was listed on the exchanges on December 31, 2024. Despite Tuesday's rally, the stock remains down 10.77% over the past year, though it has gained nearly 27.38% year-to-date. The stock's 52-week high of ₹1,340 was recorded on June 30, 2025, against a low of ₹695 on March 30, 2026, with the company's price-to-earnings ratio standing at 87.15. According to Business Standard, the company's consolidated net profit declined 10.62% to ₹26.10 crore despite a 19.64% increase in revenue from operations to ₹81.80 crore in Q4 FY26 over Q4 FY25.
