Skip to content
The African Exponent DATA
Resources

Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

UBP

No ticker printed · Stock Exchange of Mauritius · Consolidated statements

On this page
Company details
Legal name
The United Basalt Products Limited
Listing
No ticker printed on the Stock Exchange of Mauritius, active (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
30 June

Overview

Year ended 30 June 2025 · annual report, signed / final · source

  • Revenue

    MUR 8.40 billion

    8,399,921 MUR thousands · p67

    +64.1% vs 2024

  • Operating profit / (loss)

    MUR 694 million

    694,347 MUR thousands · p67

    +109.9% vs 2024

  • Profit / (loss) for the year

    MUR 239 million

    238,761 MUR thousands · p67

    +14.5% vs 2024

  • Total assets

    MUR 13.6 billion

    13,641,444 MUR thousands · p67

    +44.2% vs 2024

  • Total equity

    MUR 4.21 billion

    4,209,447 MUR thousands · p67

    −4.3% vs 2024

  • Cash from operations

    MUR 1.00 billion

    1,001,630 MUR thousands · p69

    +85.5% vs 2024

Large amounts are rounded for reading (MUR million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in MUR thousands unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY to 30 Jun 2025 — annual report, signed / final; reported for the year · source
  • FY to 30 Jun 2024 — annual report, signed / final; comparative in the FY to 30 Jun 2025 filing · source

Income statement

Income statement, MUR thousands. Columns: FY to 30 Jun 2025 — annual report (signed / final), as reported for the year; FY to 30 Jun 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 30 Jun 2025Annual reportreported for the yearFY to 30 Jun 2024Annual reportcomparative in FY to 30 Jun 2025 filing
Revenue 8,399,921 5,118,175
Operating profit 694,347 330,769
Allowance for expected credit losses on financial assets (53,229) 369
Impairment of subsidiaries1 –2 –2
Finance income 8,225 465
Finance costs (361,044) (151,047)
Share of results of associates 12,826 16,467
Profit before tax 301,125 197,023
Tax expense (62,364) (23,665)
Profit for the year from continuing operations3 238,761 173,358
Profit for the year from discontinued operation4 –5 35,231
Profit for the year 238,761 208,589
Exchange differences on translation of foreign operations6 7,468 (9,165)
Reclassification adjustment relating to foreign operations disposed of in the year7 –8 (28,535)
Net other comprehensive income / (loss) to be reclassified to profit or loss in subsequent years9 7,468 (37,700)
Re-measurement gains / (losses) on employee benefit liabilities10 21,635 (37,449)
Deferred tax effect on re-measurement (gains) / losses on employee benefit liabilities11 (4,164) 6,075
Share of other comprehensive loss of associates12 (941) (1,893)
Net other comprehensive income / ( loss) not to be reclassified to profit or loss in subsequent years13 16,530 (33,267)
Other comprehensive income / (loss) for the year, net of tax 23,998 (70,967)
Total comprehensive income for the year, net of tax 262,759 137,622
Non-controlling interests14 22,700 11,308
  1. Printed “–”, read as nil: subtotal_arithmetic: is.profit_before_tax.
  2. Printed “–”, read as nil: subtotal_arithmetic: is.profit_for_year.
  3. Printed “–”, read as nil: subtotal_arithmetic: is.native.co_hp3dxscxw1e7.oci_to_be_reclassified.
Notes and alternative reported figures (11)
  1. “Impairment of subsidiaries” is an issuer-specific line, not mapped to a shared definition: Note 27(c); nil in the Group columns.
  2. “Profit for the year from continuing operations” is an issuer-specific line, not mapped to a shared definition: Continuing operations.
  3. “Profit for the year from discontinued operation” is an issuer-specific line, not mapped to a shared definition: Note 40; discontinued operation.
  4. “Exchange differences on translation of foreign operations” is an issuer-specific line, not mapped to a shared definition: OCI item to be reclassified.
  5. “Reclassification adjustment relating to foreign operations disposed of in the year” is an issuer-specific line, not mapped to a shared definition: Note 40; OCI item to be reclassified.
  6. “Net other comprehensive income / (loss) to be reclassified to profit or loss in subsequent years” is an issuer-specific line, not mapped to a shared definition: OCI subtotal.
  7. “Re-measurement gains / (losses) on employee benefit liabilities” is an issuer-specific line, not mapped to a shared definition: Note 21; OCI item.
  8. “Deferred tax effect on re-measurement (gains) / losses on employee benefit liabilities” is an issuer-specific line, not mapped to a shared definition: Note 13(a); OCI item.
  9. “Share of other comprehensive loss of associates” is an issuer-specific line, not mapped to a shared definition: Note 11; OCI item.
  10. “Net other comprehensive income / ( loss) not to be reclassified to profit or loss in subsequent years” is an issuer-specific line, not mapped to a shared definition: OCI subtotal.
  11. “Non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Printed 'Non-controlling interests' under 'Profit for the year attributable to:'.

Balance sheet

Balance sheet, MUR thousands. Columns: FY to 30 Jun 2025 — annual report (signed / final), as reported for the year; FY to 30 Jun 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 30 Jun 2025Annual reportreported for the yearFY to 30 Jun 2024Annual reportcomparative in FY to 30 Jun 2025 filing
Property, plant and equipment 6,921,995 4,895,973
Mineral assets1 936,967 –2
Right of use assets 545,125 362,015
Investment properties 61,878 48,055
Bearer biological assets3 4,921 4,260
Intangible assets 949,806 250,289
Land conversion rights4 27,774 27,198
Investment in subsidiaries5 –2 –2
Advance towards equity6 –2 –2
Investment in associates 35,790 42,726
Non-current financial assets7 28,688 2,351
Deferred tax assets 32,122 20,302
Total non-current assets 9,545,066 5,653,169
Consumable biological assets8 184,123 130,682
Inventories 2,182,903 1,397,614
Trade and other receivables 1,215,568 620,226
Income tax receivable 18,534 16,308
Restricted cash9 –10 1,357,637
Cash at bank and on hand 495,250 281,545
Total non-current assets 4,096,378 3,804,012
TOTAL ASSETS 13,641,444 9,457,181
Issued capital and share premium11 272,454 272,454
Reserves12 3,729,073 4,025,561
Equity 4,001,527 4,298,015
Non-controlling interests 207,920 99,818
Total equity 4,209,447 4,397,833
Loans 3,057,221 2,970,372
Lease liabilities 420,505 281,085
Deferred tax liabilities 736,027 147,153
Employee benefit liabilities 284,001 301,493
Derivative financial instrument 4,114 –13
Gross obligations under options14 488,843 –13
Total non-current liabilities 4,990,711 3,700,103
Loans and bank overdrafts 2,847,800 443,006
Lease liabilities 135,462 97,334
Trade and other payables 1,392,412 755,252
Dividend payable 52,033 55,249
Income tax payable 13,579 8,404
Total current liabilities 4,441,286 1,359,245
Total liabilities 9,431,997 5,059,348
TOTAL EQUITY AND LIABILITIES 13,641,444 9,457,181
  1. Printed “–”, read as nil: subtotal_arithmetic: bs.non_current_assets.
  2. Printed “–”, read as nil: subtotal_arithmetic: bs.current_assets.
  3. Printed “–”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
Notes and alternative reported figures (11)
  1. “Mineral assets” is an issuer-specific line, not mapped to a shared definition: Note 5(b) (non-current).
  2. “Bearer biological assets” is an issuer-specific line, not mapped to a shared definition: Note 8.
  3. “Land conversion rights” is an issuer-specific line, not mapped to a shared definition: Note 9(b).
  4. “Investment in subsidiaries” is an issuer-specific line, not mapped to a shared definition: Note 10(a); nil in the Group columns.
  5. “Advance towards equity” is an issuer-specific line, not mapped to a shared definition: Note 10(b); nil in the Group columns.
  6. “Non-current financial assets” is an issuer-specific line, not mapped to a shared definition: Note 12.
  7. “Consumable biological assets” is an issuer-specific line, not mapped to a shared definition: Note 14 (current).
  8. “Restricted cash” is an issuer-specific line, not mapped to a shared definition: Note 18 (current).
  9. “Issued capital and share premium” is an issuer-specific line, not mapped to a shared definition: Note 19(a); share capital and share premium printed as one line.
  10. “Reserves” is an issuer-specific line, not mapped to a shared definition: Note 19(b); all reserves attributable to owners, including retained earnings.
  11. “Gross obligations under options” is an issuer-specific line, not mapped to a shared definition: Note 23 (non-current).

Cash flow

Cash flow, MUR thousands. Columns: FY to 30 Jun 2025 — annual report (signed / final), as reported for the year; FY to 30 Jun 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 30 Jun 2025Annual reportreported for the yearFY to 30 Jun 2024Annual reportcomparative in FY to 30 Jun 2025 filing
Cash generated from operations 1,407,821 704,098
Interest paid (360,895) (151,240)
Interest income 8,225 465
Income tax paid (53,521) (13,243)
Net cash flows generated from operating activities 1,001,630 540,080
Proceeds from disposal of property, plant and equipment 46,148 16,832
Proceeds from disposal of investment properties1 68,000 –2
Purchase of property, plant and equipment (442,716) (401,751)
Expenditure on bearer assets3 (405) (3,135)
Additions to investment in subsidiaries4 –2 –2
Purchase of investment properties5 –2 –2
Purchase of intangible assets (17,397) (9,620)
Consideration paid to acquire additional shares in financial asset and subsidiary6 (4,092,375) –2
Cash on disposal of subsidiary7 –2 151
Cash on acquisition of subsidiary8 269,583 –2
Dividend received from associates9 18,821 18,975
Dividend received from other equity investment10 –2 –2
Net cash flows (used in) / generated from investing activities (4,150,341) (378,548)
Proceeds from borrowings 3,737,024 7,633,044
Repayment of term loans (1,514,556) (5,296,798)
Repayment of lease liabilities (140,223) (94,390)
Long Term Secured Promissory Note11 –12 (670,490)
Transactions with non-controlling interest13 93,487 54,429
Dividend paid (46,393) –12
Dividend paid - Minority shareholders14 (8,368) (9,456)
Net cash flows generated from / (used in) financing activities 2,120,971 1,616,339
(Decrease) / Increase in cash and cash equivalents (1,027,740) 1,777,871
At July 01, 1,429,945 (335,939)
Exchange difference (43,088) (11,987)
At June 30, 359,117 1,429,945
  1. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
  2. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (12)
  1. “Proceeds from disposal of investment properties” is an issuer-specific line, not mapped to a shared definition: Investing.
  2. “Expenditure on bearer assets” is an issuer-specific line, not mapped to a shared definition: Note 8; investing.
  3. “Additions to investment in subsidiaries” is an issuer-specific line, not mapped to a shared definition: Note 10(a); investing; nil for the Group.
  4. “Purchase of investment properties” is an issuer-specific line, not mapped to a shared definition: Note 7; investing; nil for the Group.
  5. “Consideration paid to acquire additional shares in financial asset and subsidiary” is an issuer-specific line, not mapped to a shared definition: Note 39; investing.
  6. “Cash on disposal of subsidiary” is an issuer-specific line, not mapped to a shared definition: Note 40; investing.
  7. “Cash on acquisition of subsidiary” is an issuer-specific line, not mapped to a shared definition: Note 39; investing.
  8. “Dividend received from associates” is an issuer-specific line, not mapped to a shared definition: Note 11; investing.
  9. “Dividend received from other equity investment” is an issuer-specific line, not mapped to a shared definition: Note 28; investing.
  10. “Long Term Secured Promissory Note” is an issuer-specific line, not mapped to a shared definition: Note 20(c); financing (repayment in 2024).
  11. “Transactions with non-controlling interest” is an issuer-specific line, not mapped to a shared definition: Financing.
  12. “Dividend paid - Minority shareholders” is an issuer-specific line, not mapped to a shared definition: Financing; dividends paid to non-controlling interests.

Per share and shares

Per share and shares. Columns: FY to 30 Jun 2025 — annual report (signed / final), as reported for the year; FY to 30 Jun 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 30 Jun 2025Annual reportreported for the yearFY to 30 Jun 2024Annual reportcomparative in FY to 30 Jun 2025 filing
Earnings / (loss) per share (per share)1 8.15 7.44
Profit / (loss) attributable to shareholders (MUR thousands)2 216,061 197,281
Notes and alternative reported figures (2)
  1. Earnings / (loss) per share: printed as “Earnings per share(Rs)”.
  2. Profit / (loss) attributable to shareholders: printed as “Equity holders of the parent”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
30 Jun 2025 Dividends paid (cash flow statement) Dividend paid (46,393) MUR thousands Annual report, p69
30 Jun 2024 Dividends paid (cash flow statement) Dividend paid 0printed “–”, read as nil MUR thousands Annual report, p69

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • The United Basalt Products Limited 2025 Integrated Report

    Year ended 30 June 2025 · Annual report · signed / final

    Audit: Deloitte (Chartered Accountants); engagement partner LLK Ah Hee, FCCA, unmodified opinion · signed

    Final status: Independent auditor's report on the consolidated and separate financial statements (pages 130 to 215), unmodified, signed by hand by Deloitte, Chartered Accountants, and LLK Ah Hee FCCA, licensed by FRC, dated September 25, 2025 (PDF pp65-66). Statements approved by the Board on September 25, 2025 and hand-signed by Jean-Claude Béga (Chairperson) and Kalindee Ramdhonee (Director) (PDF p67).

    Document date
    25 Sep 2025
    Auditor's report
    25 Sep 2025
    Board approval
    25 Sep 2025
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 30 Jun 2025, FY to 30 Jun 2024
    Basis
    consolidated statements · MUR thousands (printed “Rs'000”)
    • The current-assets total (4,096,378; 2024: 3,804,012) is printed with the label 'Total non-current assets', the same label as the non-current total above it (PDF p67). Transcribed as current assets (occurrence 2); the figures equal the sum of the current-asset lines.
    • Cash-flow cash and cash equivalents differ from balance-sheet 'Cash at bank and on hand' (cf.closing/opening_equals_balance_sheet checks fail): note 18 (PDF p95) reconciles them as cash at banks and on hand 495,250 (2024: 281,545) less bank overdraft (note 20) (136,133) (2024: (209,237)) = 359,117 (2024: 72,308), and 2024 cash-flow cash 1,429,945 also includes restricted cash 1,357,637 (note 10(a)). Overdrafts sit within current 'Loans and bank overdrafts' (p67).
    • Revenue is followed directly by 'Operating profit' (note 27): no cost lines are printed on the face of the income statement (p67).
    Technical details
    File
    117 pages, with a text layer
    SHA-256
    1a1005af682311af729a30acfe7ef583dfcb86641e78cd5408af20f666c13c76
    Entity as printed
    The United Basalt Products Limited
    Issuer copy
    retrieved 2026-10-08T19:14:13Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

Download

Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

· Company methodology and coverage