United Polyfab GUJ. Ltd.
NSE: UNITEDPOLY · Other Textile Products · sector
Key numbers
Last 12 months to Mar 2026, Consolidated. "Sector median" = middle value of 222 companies in Other Textile Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹9 cr vs borrowings ₹106 cr (FY26): borrowings are higher by ₹98 cr.
- Operating profit covered interest 4.0x in the last 12 months.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY24, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 17% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹50.06 on 2026-10-26: -9.0% from the 52-week high, +143.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 138 | 159 | 152 | 153 | 146 | 185 | 175 | 172 |
| EBITDA | 8 | 12 | 12 | 11 | 13 | 13 | 14 | 9 |
| OPM % | 6.0% | 7.3% | 7.8% | 7.3% | 9.1% | 6.8% | 7.9% | 5.4% |
| Other income | 0 | 0 | 0 | 0 | 0 | 4 | 0 | -0 |
| Net profit | 4 | 5 | 5 | 4 | 6 | 8 | 5 | 7 |
| EPS (₹) | 0.16 | 0.43 | 0.22 | 0.17 | 0.26 | 0.33 | 0.21 | 0.00 |
| Revenue YoY | +6.1% | +16.7% | +14.9% | +12.1% | ||||
| Profit YoY | +57.3% | +53.2% | -3.4% | +81.6% |
Consolidated figures where filed. Latest quarter Mar 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 661 | 653 | 908 | 602 | 682 | 679 |
| EBITDA | 33 | 29 | 31 | 43 | 53 | 49 |
| Net profit | 9 | 5 | 7 | 18 | 24 | 26 |
| EPS (₹) | 0.45 | 0.26 | 0.31 | 0.77 | 1.07 | 0.80 |
| Revenue growth | -1.3% | +39.2% | -33.7% | +13.3% | +12.7% | |
| Profit growth | -41.7% | +20.6% | +167.6% | +37.3% | +44.2% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +1.5% | – | +12.7% |
| Net profit | +64.3% | – | +44.2% |
| EPS | +61.1% | – | – |
| Share price | – | +108.4% (2y) | +15.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 64 | 80 | 97 | 133 |
| Borrowings | – | 114 | 125 | 118 | 106 |
| Cash & equivalents | – | 9 | 5 | 5 | 9 |
| Total assets | – | 198 | 243 | 246 | 273 |
| Fixed assets | – | 93 | 80 | 94 | 83 |
| Capital work in progress | – | 0 | 25 | 0 | – |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 71 | 98 | 97 | 78 |
| Inventory | – | 15 | 26 | 45 | 67 |
| Payables | – | 10 | 22 | 18 | 20 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 9 | 16 | 2 | 19 | 14 |
| Cash from investing | -2 | -8 | -21 | -3 | -3 |
| Cash from financing | 5 | -13 | 12 | -17 | -11 |
| Capex | 0 | 8 | 26 | 3 | 3 |
| Free cash flow | 9 | 8 | -25 | 17 | 12 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 8.6% | 8.3% | 18.2% | 18.3% |
| ROCE % | – | 9.5% | 10.4% | 14.3% | 16.9% |
| Debtor days | – | 40 | 40 | 59 | 42 |
| Inventory days | – | 9 | 11 | 31 | 41 |
| Payable days | – | 6 | 10 | 13 | 12 |
| Cash conversion cycle (days) | – | 43 | 41 | 77 | 71 |
| Working capital days | – | 20 | 22 | 36 | 53 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 51.51% |
| FIIs | 6.04% |
| DIIs | 2.16% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 40.29% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 51.51% | 51.51% | 51.51% | 51.51% | 51.51% | 51.51% | 51.51% | 51.51% |
| Promoter group | % |
|---|---|
| Nirmalkumar Mangal Chand Mittal | 19.43% |
| Gagan Nirmalkumar Mittal | 16.21% |
| Gagan N Mittal HUF | 7.23% |
| Shilpa Gagan Mittal | 4.72% |
| United Polyfab Private Limited | 2.03% |
| Nirmalkumar M Mittal (HUF) | 1.31% |
| Mansi Nrmal Mittal | 0.52% |
| Ritesh Kamalkishor Hada | 0.03% |
| Ronak Sushilkumar Kejriwal | 0.03% |
| Public holders above 1% | % |
|---|---|
| Amaysha Textile Private Limited | 12.90% |
| Amay Spincot Private Limited | 6.95% |
| Albula Investment Fund Ltd | 3.45% |
| Cresta Fund Ltd | 2.59% |
| Harsh Vinodbhai Mittal | 2.29% |
| Yash Vinod Mittal | 2.28% |
| Chanakya Opportunities Fund I | 2.16% |
| Sweta Yash Mittal | 1.18% |
| Poonam Harsh Mittal | 1.18% |
7,317 shareholders. Pledged: – of promoter shares.
Peers in Other Textile Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SHRMFGC | ₹77,110 cr | – | – | – | – | – | – | – |
| SIYSIL | ₹43,629 cr | 184.0x | 29.9x | 17.3% | 19.4% | 12.6% | +4.8% | 0.12% |
| KPRMILL | ₹34,532 cr | 37.9x | 6.1x | 17.1% | 19.8% | 19.5% | +2.4% | 0.50% |
| WELSPUNLIV | ₹19,740 cr | 71.8x | 4.0x | 5.7% | 8.0% | 8.7% | +5.1% | 1.06% |
| VTL | ₹14,110 cr | 16.6x | 1.3x | 8.3% | 9.2% | 13.6% | -0.9% | 1.04% |
| TRIDENT | ₹10,513 cr | 26.4x | 2.2x | 8.4% | 10.0% | 12.9% | +1.9% | 2.41% |
| ICIL | ₹7,906 cr | 52.4x | 3.4x | 6.5% | 9.8% | 9.7% | +11.2% | 0.50% |
| GARFIBRES | ₹7,048 cr | 34.0x | 5.2x | 14.6% | 21.4% | 17.7% | +5.4% | 1.33% |
| KUSUMGAR | ₹5,714 cr | – | – | – | – | – | – | – |
| UNITEDPOLY | ₹1,149 cr | 62.6x | 8.7x | 22.2% | 16.9% | 7.3% | +1.5% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-05-02 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
Documents
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Other Textile Products |
| Sub-industry | Other Textile Products |
| Symbol | UNITEDPOLY |
| BSE code | 544756 |
| ISIN | INE368U01029 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.