Unitech Limited (UNITECH) AI Stock Analysis

Unitech Limited

(NSE:UNITECH)

Select Model

Rating:42Neutral

Price Target:INR 4.00▲(1.78% Upside)

Action:reiterated

Date:10/30/26

The overall score is very low, driven primarily by the company's dire financial state, including insolvency risk and persistent net losses. Technicals offer a neutral-to-slightly-positive short-term picture but do not offset the fundamental weaknesses. The negative P/E and lack of dividend yield further detract from the stock's appeal.

Positive Factors

Recent Revenue ReboundThe recent revenue rebound and acceleration indicate that the company can still generate top-line activity from its real estate and project-related operations. If sustained, stronger revenue provides a base for improving utilization of assets and rebuilding operating scale over the next several quarters.

Negative Factors

Stressed Balance SheetVery high debt combined with deeply negative equity materially weakens financial flexibility and increases solvency and refinancing risk. The deterioration from positive equity in 2022 to about -93.7B in 2026 makes it harder to fund projects, absorb setbacks, or support recovery without restructuring.

Unitech Limited (UNITECH) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 10.28B
Dividend Yield: ―
Average Volume (3M): 933.39K
Price to Earnings (P/E): -0.4
Beta (1Y): 1.69
Revenue Growth: 45.65%
EPS Growth: -15.42%
Country: India
Employees: 206
Sector: General
Sector Strength: 55
Industry: Real Estate - Diversified

Unitech Limited Business Overview & Revenue Model

Company Description

Unitech Limited together with its subsidiaries, engages in the real estate development and related activities in India. It is also involved in the property management, hospitality, power transmission, consultancy, construction, rental, and investment...

How the Company Makes Money

Unitech Limited’s revenue model is primarily tied to real estate and construction/project activities. In general, the company would make money through (i) sale of developed real estate units (e.g., apartments, plots, commercial space) where revenue i...

Unitech Limited Financial Statement Overview

Summary

Financial health is extremely weak. The balance sheet is insolvent with deeply negative equity (INR -93,660M), net losses remain substantial (INR -24,557M), and operating cash flow is negative. While FY2026 showed a 23% revenue increase and a narrowed operating loss, the persistent net losses and unsustainable capital structure present a critical risk.

Income Statement

12Very Negative

Balance Sheet

1Very Negative

Cash Flow

5Very Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	5.28B	5.12B	3.22B	4.72B	4.00B	5.19B
Gross Profit	2.56B	2.13B	-2.20B	-6.32B	1.23B	875.53M
EBITDA	549.38M	-2.69B	-3.53B	-14.38B	-10.29B	-3.03B
Net Income	-24.35B	-24.56B	-25.93B	-33.27B	-27.88B	-10.12B
Balance Sheet
Total Assets	0	253.59B	264.36B	265.20B	268.86B	267.33B
Cash, Cash Equivalents and Short-Term Investments	3.20B	3.20B	5.91B	4.34B	3.94B	4.47B
Total Debt	0	75.19B	73.21B	73.86B	71.70B	71.30B
Total Liabilities	112.79B	366.38B	346.04B	314.81B	280.25B	247.01B
Stockholders Equity	-112.79B	-93.66B	-68.18B	-41.95B	-8.54B	20.02B
Cash Flow
Free Cash Flow	-1.35B	-1.02B	-313.40M	129.72M	2.47B	-189.66M
Operating Cash Flow	-1.33B	-976.08M	-273.34M	150.95M	2.51B	-136.54M
Investing Cash Flow	90.29M	-47.67M	279.01M	131.04M	40.73M	583.43M
Financing Cash Flow	0	0	-57.48M	-103.33M	-246.48M	-318.83M

Unitech Limited Technical Analysis

Technical Analysis SentimentNeutral

Last Price3.93

Price Trends

50DMA3.98Negative

100DMA4.25Negative

200DMA4.54Negative

Market Momentum

MACD-0.06Negative

RSI50.82Neutral

STOCH59.15Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UNITECH, the sentiment is Neutral. The current price of 3.93 is above the 20-day moving average (MA) of 3.89, below the 50-day MA of 3.98, and below the 200-day MA of 4.54, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 50.82 is Neutral, neither overbought nor oversold. The STOCH value of 59.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:UNITECH.

Unitech Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:UNITECH against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:DLF	76Outperform	INR 1.71T	37.48	―	1.16%	-29.29%	6.62%
IN:OBEROIRLTY	73Outperform	INR 591.22B	22.75	―	0.48%	15.93%	17.82%
IN:LODHA	67Neutral	INR 1.04T	25.10	―	0.41%	20.85%	30.44%
IN:GODREJPROP	61Neutral	INR 477.14B	35.00	―	0.63%	16.90%	-13.70%
IN:SOBHA	61Neutral	INR 120.33B	62.99	―	0.53%	9.57%	28.50%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:UNITECH	42Neutral	INR 10.28B	-0.42	―	―	45.65%	-15.42%

* General Sector Average

Performance Comparison

IN:UNITECH and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:UNITECH	Unitech Limited	3.93	-3.31	-45.72%
IN:DLF	DLF Limited	690.00	-77.22	-10.07%
IN:GODREJPROP	Godrej Properties Limited	1584.00	-713.99	-31.07%
IN:LODHA	Macrotech Developers Ltd.	1038.50	-193.82	-15.73%
IN:OBEROIRLTY	Oberoi Realty Limited	1626.00	-171.56	-9.54%
IN:SOBHA	Sobha Limited	1125.10	-525.13	-31.82%

Unitech Limited Corporate Events

Unitech Closes Trading Window Ahead of September 2026 Financial Results

Sep 23, 2026

Unitech Limited has announced that its trading window for dealing in company securities will be closed from 15 October 2026 until 48 hours after the announcement of its unaudited financial results for the quarter and half-year ended 30 September 2026...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 30, 2026

Unitech Limited AI Stock Analysis