MarketFriction

United Polyfab Gujarat Ltd

NSE UNITEDPOLY · BSE 544756 · Other Textile Products
₹47.05 -0.88%
NSE close2026-10-01
52 week range20.60 - 48.00
Market cap₹1,073 Cr.
P/E39.2
Price band 20% Delivery 64.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales240.09241.83216.10137.73158.69152.38153.43146.18185.22175.10172.03179.85
Expenses232.67233.69208.12129.44147.16140.45142.26132.82172.55161.20162.66167.45
Operating Profit7.428.147.988.2911.5311.9311.1713.3612.6713.909.3712.40
OPM %3.09%3.37%3.69%6.02%7.27%7.83%7.28%9.14%6.84%7.94%5.45%6.89%
Other Income0.520.300.350.180.240.310.280.433.780.17-0.070.35
Interest2.192.132.382.821.992.152.712.402.712.162.802.22
Depreciation3.183.193.203.163.163.283.403.403.403.482.972.19
Profit before tax2.573.122.752.496.626.815.347.9910.348.433.538.34
Tax %36.19%42.63%104.73%-51.41%24.92%25.70%26.78%25.78%26.40%42.11%-100.00%6.35%
Net Profit1.641.80-0.133.774.975.053.905.937.604.887.067.82
EPS in Rs0.080.08-0.010.160.220.220.170.260.330.210.310.34
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3540104163264210661653908602682712
Expenses313590141243186628624876558629664
Operating Profit3514222224332932445348
OPM %9%12%13%14%8%11%5%4.4%3.5%7%8%7%
Other Income000010113114
Interest11387129910111010
Depreciation229111110121313131312
Profit before tax12234212812213031
Tax %32%31%32%39%16%79%23%32%46%17%20%
Net Profit111230957182427
EPS in Rs0.090.060.080.090.170.020.450.260.290.771.061.19
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth35%27%1%17%
Compounded Profit Growth41%122%64%38%
Stock Price CAGR%99%67%-1%
Return on Equity13%16%17%21%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital336677212121232323
Reserves45212535392534435774110
Borrowings18126010611999108121114125118106
Other Liabilities31528464346163420383034
Total Liabilities2735114183204191170210198243246273
Fixed Assets171684751271171089793809484
CWIP09464100102500
Investments111111000000
Other Assets1092543757361112104138152189
Total Assets2735114183204191170210198243246273
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity47-2-3143127101821914
Cash from Investing Activity-2-10-65-59-1-11-2-2-10-21-3-3
Cash from Financing Activity-117259-13-22-274-1312-17-11
Net Cash Flow2-15-30-1-112-5-700
Free Cash Flow3-3-67-63133226710-211712
CFO/OP195%240%-34%-22%64%149%116%36%67%8%59%33%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days152657599070854740395942
Inventory Days163143363710739113141
Days Payable6658915402529156101312
Cash Conversion Cycle24-811798756623543417771
Working Capital Days178-965523838822203348
ROCE %4%8%5%4%8%7%9%13%10%11%15%18%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters45.54%50.29%50.29%50.29%50.29%51.51%51.51%51.51%51.51%51.51%51.51%51.51%
FIIs6.70%6.12%6.12%6.12%6.12%6.12%6.12%6.12%6.09%6.07%6.04%6.04%
DIIs0.00%0.00%0.00%0.00%0.00%1.74%2.18%2.16%2.16%2.16%2.16%2.16%
Public47.76%43.59%43.59%43.59%43.59%40.63%40.20%40.21%40.24%40.26%40.29%40.28%
No. of Shareholders2,4492,6713,2213,4463,8333,1402,9625,2058,1597,8467,5277,418

Fundamentals

Market Cap₹ 1,073 Cr.
Current Price₹ 46.9
Stock P/E39.2
Book Value₹ 5.78
ROCE17.8 %
ROE21.1 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)38%
Standalone figures.
Valuation
Market capRs 1,077 Cr
Enterprise valueRs 1,175 Cr
P/E (TTM)39.38x
Price to book8.12x
Price to sales1.51x
EV / EBITDA22.36x
EV / EBIT29.00x
EV / sales1.65x
Price to cash flow75.03x
Earnings yield2.54%
P/E, 3-year average2.56x
P/B, 3-year average0.31x
P/E, 5-year average2.31x
P/B, 5-year average0.27x
Profitability
Operating margin (excl. other income)7.74%
Operating margin (incl. other income)7.86%
EBITDA margin7.38%
Pre-tax margin4.30%
Net profit margin3.84%
Net margin, latest quarter4.35%
ROE21.12%
ROCE17.75%
ROA9.36%
ROE, 3-year average16.78%
ROCE, 3-year average14.79%
ROA, 3-year average6.53%
ROE, 5-year average15.65%
ROCE, 5-year average13.42%
ROA, 5-year average5.45%
ROIC (approx.)14.10%
Tax rate19.81%
Other income / net worth0.60%
Growth
Sales growth (latest year)13.25%
Profit growth (latest year)37.31%
Sales CAGR, 3 years1.48%
Sales CAGR, 5 years26.56%
Profit CAGR, 3 years64.27%
Profit CAGR, 5 years122.05%
Sales growth QoQ4.55%
Profit growth QoQ10.76%
Sales growth YoY (latest quarter)23.03%
Profit growth YoY (latest quarter)31.87%
Per share
EPS (TTM)Rs 1.19
EPS (latest quarter)Rs 0.34
EPS, 3-year averageRs 5.29
EPS, 5-year averageRs 4.42
Book value per shareRs 5.79
Sales per shareRs 31.10
Cash flow per shareRs 0.63
Free cash flow per shareRs 0.52
Efficiency
Asset turnover2.50x
Fixed asset turnover8.17x
Inventory turnover8.93x
Inventory days41 days
Debtor days42 days
Debtors turnover8.75x
Creditor days12 days
Cash conversion cycle71 days
Working capital days48 days
Leverage
Total debtRs 106 Cr
Cash and bankRs 8 Cr
Net debtRs 98 Cr
Debt to equity0.80x
Net debt / EBITDA1.86x
Interest coverage4.10x
Current ratio (filing 2026-03-31)2.10x
Quick ratio (filing 2026-03-31)1.35x
Trade payables (filing 2026-03-31)Rs 20 Cr
Owners' fund to total sources48.59%
Debt to assets38.97%
Cash flow
Cash from Operating Activity (latest year)Rs 14 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs -11 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 12 Cr
FCFE (approx.: FCF + change in debt)Rs -0 Cr
Cash from ops / profit, 5 years1.00x
Sales to cash flow47.50x
Statement figures
Net sales (TTM)Rs 712 Cr
Net sales (latest year)Rs 682 Cr
Sales (latest quarter)Rs 180 Cr
Operating profit excl. other income (latest year)Rs 53 Cr
Operating profit (latest quarter)Rs 12 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 53 Cr
PBDT (TTM)Rs 43 Cr
Profit before tax (TTM)Rs 31 Cr
Tax (latest year)Rs 6 Cr
Net profit (TTM)Rs 27 Cr
Net profit (latest year)Rs 24 Cr
Net profit (latest quarter)Rs 8 Cr
Depreciation (TTM)Rs 12 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 10 Cr
Cost of goods sold (latest year)Rs 599 Cr
Total expenditure (latest year)Rs 629 Cr
Total income (latest year)Rs 683 Cr
Share capitalRs 23 Cr
ReservesRs 110 Cr
Shareholders' fundsRs 133 Cr
Total assetsRs 273 Cr
Net blockRs 84 Cr
InvestmentsRs 0 Cr
ReceivablesRs 78 Cr
InventoryRs 67 Cr
Other liabilitiesRs 34 Cr
Shares outstanding (crore)22.90
Ownership
Promoter holding51.51% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 39.4 is at the 54th percentile of its own 8.5-year range (median 37.5, low 5.2, high 285.0).
P/B 8.12 is at the 95th percentile (median 2.67).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodUNITEDPOLYNifty 50Difference
1 week+3.9%-2.8% +6.7 pts
1 month+27.5%-6.8% +34.3 pts
3 months+46.0%-7.6% +53.6 pts
6 months+106.6%+0.4% +106.2 pts
1 year-3.4%-9.9% +6.5 pts
2 years+270.5%-13.6% +284.0 pts
3 years+364.9%+14.2% +350.7 pts
5 years+3015.9%+27.9% +2988.0 pts

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹180 Cr +23.0% vs Jun 2025. Net profit ₹8 Cr +31.9%.
Against our estimate for Jun 2026: sales +8.4%, profit +15.5% beat. Our estimate for Sep 2026: sales Rs 218 Cr, profit Rs 9 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2025-05-02Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share0.1000
DateTypeWhat it says
2026-10-01Shareholder meetingVoting results.
2026-09-29Shareholder meetingProceedings of Annual General Meeting held on September 29, 2026
2026-09-29Board meeting outcomeOutcome of Board Meeting held on September 29, 2026.
2026-09-09Clarification - Financial ReThe Exchange has sought clarification from United Polyfab Gujarat Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI ...
2026-09-07General UpdatesGeneral Updates
2026-09-07Shareholder meetingNotice of Annual General Meeting to be held on September 29, 2026
2026-09-07Shareholder meetingNotice of Annual General Meeting to be held on September 29, 2026
2026-09-07Board meeting outcomeOutcome of Board Meeting held on September 07, 2026.
2026-08-10Board meeting outcomeUnited Polyfab Gujarat Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-28Disclosure under SEBI TakeovGagan Nirmalkumar Mittal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Subs...
2026-07-06Change in Company Secretary/Change in Company Secretary/Compliance Officer
2026-06-23Disclosure under SEBI TakeovNirmal Mangalchand Mittal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Sub...
2026-05-30General UpdatesGeneral Updates
2026-05-19Board meeting outcomeUnited Polyfab Gujarat Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-08General UpdatesGeneral Updates
2026-05-06Board meeting outcomeOutcome of Board Meeting held on May 06, 2026.
2026-04-24UpdatesNon-Applicability of SEBI Circular on Large Corporates Initial Disclosure for FY 2026-27 .
2026-04-04Resignation of Independent dResignation of Independent director.
2026-04-04ResignationResignation of Safalkumar Patel as Independent Director of the company w.e.f. April 01, 2026.
2026-04-01AppointmentAppointment of Kamal M. Shah & Co. as Other of the company w.e.f. March 31, 2026.
2026-02-24AppointmentAppointment of Vishal Sureshbhai Katarmal as Company Secretary & Compliance Officer of the company w.e.f. February 24, 2026.
2026-02-24Commencement of commercial pCommencement of commercial production/operations
2026-02-24Updates.
2026-02-24AppointmentAppointment of Vishal Sureshbhai Katarmal as Company Secretary & Compliance Officer of the company w.e.f. February 24, 2026.
2026-02-19Disruption of OperationsDisruption of Operations
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Close to Close price movement greater than 25perc in previous 1 monthClose to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 months

Quick answers

What is the market cap of United Polyfab Gujarat Ltd?

United Polyfab Gujarat Ltd (UNITEDPOLY) has a market capitalisation of Rs 1,073 Cr. at the 2026-10-01 close.

What is the P/E ratio of United Polyfab Gujarat Ltd?

United Polyfab Gujarat Ltd trades at a P/E of 39.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were United Polyfab Gujarat Ltd's latest quarterly results?

In the Jun 2026 quarter, United Polyfab Gujarat Ltd sales was Rs 180 Cr (+23.0% vs Jun 2025) and net profit was Rs 8 Cr.

What is the 52-week high and low of United Polyfab Gujarat Ltd?

The 52-week high is Rs 48.00 and the 52-week low is Rs 20.60.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03