United Polyfab Gujarat Ltd
NSE: UNITEDPOLY BSE: 544756Textile
Incorporated in 2010, United Polyfab Gujarat Ltd is in the business of Fabrics Manufacturing and Spinning & Weaving of Yarn[1]
₹33.2
52W: ₹14.5 — ₹51.2
PE 34.1 · Book ₹5.3 · +526% vs bookMarket Cap₹761 Cr
Stock P/E34.1Price to Earnings
ROCE15.1%Return on Capital
ROE20%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company has delivered good profit growth of 38.3% CAGR over last 5 years
- +Company's median sales growth is 26.8% of last 10 years
Weaknesses
- −Stock is trading at 6.22 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has a low return on equity of 13.3% over last 3 years.
- −Debtor days have increased from 46.0 to 58.6 days.
Shareholding Pattern
Promoters51.51%
FIIs6.04%
DIIs2.16%
Public40.29%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 50.29% | 50.29% | 51.51%▲1.2 | 51.51% | 51.51% | 51.51% | 51.51% | 51.51% |
| FIIs | 6.12% | 6.12% | 6.12% | 6.12% | 6.12% | 6.09%▼0.0 | 6.07%▼0.0 | 6.04%▼0.0 |
| DIIs | 0% | 0% | 1.74%▲1.7 | 2.18%▲0.4 | 2.16%▼0.0 | 2.16% | 2.16% | 2.16% |
| Public | 43.59% | 43.59% | 40.63%▼3.0 | 40.2%▼0.4 | 40.21%▲0.0 | 40.24%▲0.0 | 40.26%▲0.0 | 40.29%▲0.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 240.09 | 241.83 | 216.1 | 137.73 | 158.69 | 152.38 | 153.43 | 146.18 | 185.22 | 175.1 |
| Expenses | 232.67 | 233.69 | 208.12 | 129.44 | 147.16 | 140.45 | 142.26 | 132.82 | 172.55 | 161.2 |
| Operating Profit | 7.42 | 8.14 | 7.98 | 8.29 | 11.53 | 11.93 | 11.17 | 13.36 | 12.67 | 13.9 |
| OPM % | 3.09% | 3.37% | 3.69% | 6.02% | 7.27% | 7.83% | 7.28% | 9.14% | 6.84% | 7.94% |
| Net Profit | 1.64 | 1.8 | -0.13 | 3.77 | 4.97 | 5.05 | 3.9 | 5.93 | 7.6 | 4.88 |
| EPS ₹ | 0.08 | 0.08 | -0.01 | 0.16 | 0.22 | 0.22 | 0.17 | 0.26 | 0.33 | 0.21 |
AI Insights
Revenue Trend
TTM revenue at ₹660Cr, up 9.6% YoY. OPM at 8%.
Debt Position
Borrowings at ₹109Cr. Debt-to-equity ratio: 1.10x. High leverage — monitor closely.
Capex Cycle
CWIP at ₹8Cr (9% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 2.16% (+2.16pp change). FIIs: 6.04% (-0.66pp change). Promoters hold 51.51%.
Margin & Efficiency
ROCE improving from 3% (Mar 2014) to 15% (Mar 2025). Working capital days: 33.
Valuation
PE 34.1x with 15.1% ROCE. Price is 526% above book value of ₹5.3. Dividend yield: 0%.