United Polyfab Gujarat Ltd

United Polyfab Gujarat Ltd

₹ 98.4 -2.04%
12 Apr - close price
About

Incorporated in 2010, United Polyfab Gujarat
Ltd is in the business of Fabrics Manufacturing
and Spinning & Weaving of Yarn[1]

Key Points

Business Overview:[1][2]
UPGL does trading and manufacturing of woven fabrics and yarn. It also does job work of manufacturing/ weaving of gray denim, gray fabric, and gray cotton fabric. Company derives all its sales from Gujarat

  • Market Cap 226 Cr.
  • Current Price 98.4
  • High / Low 125 / 85.1
  • Stock P/E 29.3
  • Book Value 29.9
  • Dividend Yield 0.00 %
  • ROCE 9.81 %
  • ROE 9.47 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 57.1 to 39.9 days.
  • Promoter holding has increased by 4.75% over last quarter.
  • Company's median sales growth is 56.5% of last 10 years

Cons

  • Stock is trading at 3.29 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 9.96% over last 3 years.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Textiles Industry: Textiles - Products

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
75.71 73.24 129.36 174.83 184.12 172.76 170.15 147.86 154.97 179.62 210.46 240.09 241.83
67.89 64.71 122.83 168.81 178.70 158.09 162.68 141.13 147.30 172.86 202.49 232.67 233.69
Operating Profit 7.82 8.53 6.53 6.02 5.42 14.67 7.47 6.73 7.67 6.76 7.97 7.42 8.14
OPM % 10.33% 11.65% 5.05% 3.44% 2.94% 8.49% 4.39% 4.55% 4.95% 3.76% 3.79% 3.09% 3.37%
2.03 0.35 -1.88 5.69 3.06 -6.49 0.03 0.20 0.34 0.32 1.66 0.52 0.30
Interest 1.78 3.43 0.14 2.68 3.82 1.82 2.37 2.21 1.94 2.30 2.34 2.19 2.13
Depreciation 3.52 2.60 3.09 3.09 3.09 3.10 3.15 3.15 3.15 3.18 3.42 3.18 3.19
Profit before tax 4.55 2.85 1.42 5.94 1.57 3.26 1.98 1.57 2.92 1.60 3.87 2.57 3.12
Tax % 38.46% 48.42% -6.34% 17.17% 29.30% 41.72% 7.58% 48.41% 35.62% 39.38% 14.73% 36.19% 42.63%
2.80 1.48 1.51 4.93 1.11 1.90 1.83 0.81 1.88 0.97 3.29 1.64 1.80
EPS in Rs 1.33 0.71 0.72 2.35 0.53 0.91 0.87 0.39 0.90 0.46 1.57 0.78 0.78
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0 1 9 31 35 40 104 163 264 210 661 653 872
0 1 8 29 31 35 90 141 243 186 628 624 842
Operating Profit 0 -0 1 2 3 5 14 22 22 24 33 29 30
OPM % 0% -2% 9% 7% 9% 12% 13% 14% 8% 11% 5% 4% 3%
0 0 0 1 0 0 0 0 1 0 1 1 3
Interest 0 0 0 0 1 1 3 8 7 12 9 9 9
Depreciation 0 0 1 2 2 2 9 11 11 10 12 13 13
Profit before tax 0 0 0 1 1 2 2 3 4 2 12 8 11
Tax % 0% 29% 31% 32% 31% 32% 39% 16% 79% 23% 32%
0 0 0 0 1 1 1 2 3 0 9 5 8
EPS in Rs 0.00 0.00 0.29 0.51 0.89 0.61 0.78 0.91 1.65 0.21 4.49 2.62 3.59
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 85%
5 Years: 44%
3 Years: 35%
TTM: 35%
Compounded Profit Growth
10 Years: %
5 Years: 33%
3 Years: 16%
TTM: 20%
Stock Price CAGR
10 Years: %
5 Years: 81%
3 Years: 92%
1 Year: -5%
Return on Equity
10 Years: 8%
5 Years: 9%
3 Years: 10%
Last Year: 9%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 3 3 3 3 6 6 7 7 21 21 21 21
Reserves 1 3 3 4 5 21 22 35 39 25 34 40 48
0 6 18 18 12 60 106 119 99 108 121 114 111
0 2 5 3 15 28 49 43 46 16 34 23 41
Total Liabilities 1 14 29 27 35 114 183 204 191 170 210 198 221
0 3 17 17 16 84 75 127 117 108 97 93 86
CWIP 0 0 0 0 9 4 64 1 0 0 1 0 1
Investments 0 0 0 1 1 1 1 1 1 0 0 0 0
1 11 12 10 9 25 43 75 73 61 112 104 135
Total Assets 1 14 29 27 35 114 183 204 191 170 210 198 221

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0 -8 3 4 7 -2 -3 14 31 27 10 16
0 -3 -14 -2 -10 -65 -59 -1 -11 -2 -2 -8
1 11 12 -1 1 72 59 -13 -22 -27 4 -13
Net Cash Flow 0 -0 0 2 -1 5 -3 0 -1 -1 12 -5

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0 365 156 15 26 57 59 90 70 85 47 40
Inventory Days 0 0 99 16 31 43 36 37 10 7 3 9
Days Payable 111 6 65 89 15 40 25 29 15 6
Cash Conversion Cycle 0 365 144 24 -8 11 79 87 56 62 35 43
Working Capital Days 499 1,498 151 17 8 -9 65 83 43 75 36 45
ROCE % 0% 0% 3% 4% 8% 5% 4% 8% 7% 9% 13% 10%

Shareholding Pattern

Numbers in percentages

Mar 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
35.82% 40.51% 40.51% 40.55% 45.54% 45.54% 45.54% 45.54% 45.54% 45.54% 50.29% 50.29%
0.00% 0.00% 0.00% 0.00% 0.00% 6.70% 6.70% 6.70% 6.70% 6.70% 6.12% 6.12%
6.70% 6.70% 6.70% 6.70% 6.70% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
57.48% 52.80% 52.79% 52.75% 47.76% 47.75% 47.76% 47.76% 47.76% 47.76% 43.59% 43.59%
No. of Shareholders 7370717971,1811,7073,1262,9802,7942,4492,6713,221

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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