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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of United Polyfab Gujarat Ltd

About the Company - United Polyfab Gujarat Ltd

United Polyfab Gujarat Ltd. is a Public Limited Listed company incorporated on 16/11/2010 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L18109GJ2010PLC062928 and registration number is 062928. Currently Company is involved in the business activities of Textile, leather and other apparel products. Company’s Total Operating Revenue is Rs. 661.07 Cr. and Equity Capital is Rs. 20.95 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - DenimSurvey No.238/239, Shahwadi, Ahmedabad Gujarat 382405info@unitedpolyfab.com
http://www.upgl.in
Management
NamePosition Held
Mr. Gagan Nirmalkumar MittalChairman & Managing Director
Mr. Ritesh Kamalkishore HadaNon Exe.Non Ind.Director
Mr. Nirmalkumar Mangalchand MittalAddnl.Non Exe.Independent Director
Ms. Sejal Shantilal ParmarInd. Non-Executive Director
Ms. Rashmi Kamlesh OtavaniAddnl.Non Exe.Independent Director
Mr. Sumit SarafInd. Non-Executive Director
Mr. Safalkumar Hasmukhbhai PatelInd. Non-Executive Director

United Polyfab Gujarat Ltd. Share Price Update

Share PriceValue
Today₹99.00
Previous Day₹99.50

Basic Stock Data of United Polyfab Gujarat Ltd

Market Cap 225 Cr.
Current Price 97.9
High / Low125/71.2
Stock P/E29.2
Book Value 29.9
Dividend Yield0.00 %
ROCE9.81 %
ROE9.47 %
Face Value 10.0

Data Source: screener.in

Competitors of United Polyfab Gujarat Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Aarvee Denims & Exports Ltd 86.3 Cr. 36.843.1/16.2 12.70.00 %10.5 %71.2 % 10.0
Nandan Denim Ltd 567 Cr. 39.339.4/15.027.1 38.20.00 %5.49 %0.06 % 10.0
Mittal Life Style Ltd 76.9 Cr. 2.603.25/0.69105 1.080.00 %2.30 %1.15 % 1.00
Vinny Overseas Ltd 105 Cr. 4.5216.8/2.4224.7 1.280.00 %10.5 %8.90 % 1.00
Industry Average208.8 Cr20.8139.213.320%7.2%20.33%5.5

United Polyfab Gujarat Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales75.7173.24129.36174.83184.12172.76170.15147.86154.97179.62210.46240.09
Expenses67.8964.71122.83168.81178.70158.09162.68141.13147.30172.86202.49232.67
Operating Profit7.828.536.536.025.4214.677.476.737.676.767.977.42
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%
Other Income2.030.35-1.885.693.06-6.490.030.200.340.321.660.52
Interest1.783.430.142.683.821.822.372.211.942.302.342.19
Depreciation3.522.603.093.093.093.103.153.153.153.183.423.18
Profit before tax4.552.851.425.941.573.261.981.572.921.603.872.57
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%
Net Profit2.801.481.514.931.111.901.830.811.880.973.291.64
EPS in Rs1.330.710.722.350.530.910.870.390.900.461.570.78

United Polyfab Gujarat Ltd Quarterly Chart

United Polyfab Gujarat Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales019313540104163264210661653785
Expenses01829313590141243186628624755
Operating Profit0-0123514222224332930
OPM %0%-2%9%7%9%12%13%14%8%11%5%4%4%
Other Income0001000010113
Interest00001138712999
Depreciation0012229111110121313
Profit before tax000112234212811
Tax %0%29%31%32%31%32%39%16%79%23%32%
Net Profit0000111230958
EPS in Rs0.000.000.290.510.890.610.780.911.650.214.492.623.71
Dividend Payout %0%0%0%0%0%0%0%0%0%0%

United Polyfab Gujarat Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2016-20172017-20182018-20192019-20202020-20212022-2023
YoY Net Profit Growth (%)0.00%0.00%100.00%50.00%-100.00%-44.44%
Change in YoY Net Profit Growth (%)0.00%0.00%100.00%-50.00%-150.00%55.56%

United Polyfab Gujarat Ltd Growth

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:72%
3 Years:79%
1 Year:3%
Return on Equity
10 Years:8%
5 Years:9%
3 Years:10%
Last Year:9%

United Polyfab Gujarat Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital03333667721212121
Reserves133452122353925344048
Borrowings061818126010611999108121114111
Other Liabilities0253152849434616342341
Total Liabilities114292735114183204191170210198221
Fixed Assets031717168475127117108979386
CWIP00009464100101
Investments0001111110000
Other Assets111121092543757361112104135
Total Assets114292735114183204191170210198221

United Polyfab Gujarat Ltd Reserves and Borrowings Chart

United Polyfab Gujarat Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -0-8347-2-31431271016
Cash from Investing Activity 0-3-14-2-10-65-59-1-11-2-2-8
Cash from Financing Activity 11112-117259-13-22-274-13
Net Cash Flow0-002-15-30-1-112-5

United Polyfab Gujarat Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days0365156152657599070854740
Inventory Days0099163143363710739
Days Payable1116658915402529156
Cash Conversion Cycle036514424-811798756623543
Working Capital Days4991,498151178-9658343753645
ROCE %0%0%3%4%8%5%4%8%7%9%13%10%

United Polyfab Gujarat Ltd Financial Efficiency Indicators Chart

No data available for the Shareholding

No data available for the Shareholding Pattern chart.

No data available for the No. of Shareholders chart.

This stock is not held by any mutual fund

United Polyfab Gujarat Ltd ROCE Trend

United Polyfab Gujarat Ltd EPS Trend

United Polyfab Gujarat Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)2.564.570.194.952.73
Diluted EPS (Rs.)2.564.570.194.952.73
Cash EPS (Rs.)8.6410.395.1820.9018.52
Book Value[Excl.RevalReserv]/Share (Rs.)30.4026.3021.7465.7760.82
Book Value[Incl.RevalReserv]/Share (Rs.)30.4026.3021.7465.7760.82
Revenue From Operations / Share (Rs.)311.48315.52100.27378.21233.70
PBDIT / Share (Rs.)14.0815.7411.5631.7031.90
PBIT / Share (Rs.)8.069.846.5915.7516.11
PBT / Share (Rs.)3.855.801.025.884.43
Net Profit / Share (Rs.)2.614.490.214.952.73
PBDIT Margin (%)4.524.9811.528.3813.64
PBIT Margin (%)2.583.116.574.166.89
PBT Margin (%)1.231.831.011.551.89
Net Profit Margin (%)0.831.420.211.301.16
Return on Networth / Equity (%)8.6017.060.977.524.48
Return on Capital Employeed (%)13.0315.9210.207.276.90
Return On Assets (%)2.764.470.261.810.93
Long Term Debt / Equity (X)0.961.291.911.742.22
Total Debt / Equity (X)1.792.202.371.822.55
Asset Turnover Ratio (%)3.203.481.171.340.84
Current Ratio (X)1.521.391.781.741.63
Quick Ratio (X)1.301.331.701.591.35
Inventory Turnover Ratio (X)60.60158.0635.7023.3512.23
Interest Coverage Ratio (X)3.353.902.073.212.73
Interest Coverage Ratio (Post Tax) (X)1.622.111.041.501.23
Enterprise Value (Cr.)262.35222.24132.1786.49115.85
EV / Net Operating Revenue (X)0.400.330.620.320.70
EV / EBITDA (X)8.896.745.463.915.20
MarketCap / Net Operating Revenue (X)0.240.170.130.010.06
Price / BV (X)2.472.130.630.100.25
Price / Net Operating Revenue (X)0.240.170.130.010.06
EarningsYield0.030.080.010.740.17

United Polyfab Gujarat Ltd Profitability Ratios (%)

United Polyfab Gujarat Ltd Liquidity Ratios

United Polyfab Gujarat Ltd Liquidity Ratios (%)

United Polyfab Gujarat Ltd Interest Coverage Ratios (X)

United Polyfab Gujarat Ltd Valuation Ratios

Fair Value / Intrinsic Value of United Polyfab Gujarat Ltd

Fair Value: ₹84.33

The stock is overvalued by 13.86% compared to the current price ₹97.9

*Investments are subject to market risks

Strength and Weakness of United Polyfab Gujarat Ltd

StrengthWeakness
  1. The company has shown consistent growth in sales (227.38 cr) and profit (3.54 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 11.27 and average Dividend Yield of 1.50%.
  2. The stock has a low average ROCE of 5.92%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 84.50, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 74.83, which may not be favorable.
  5. The company has higher borrowings (68.62) compared to reserves (21.54), which may suggest financial risk.

Should I Buy United Polyfab Gujarat Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in United Polyfab Gujarat Ltd:
    1. Net Profit Margin: 0.83%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 13.03% (Industry Average ROCE: 7.2%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 1.62
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 1.30
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✓ Stock P/E: 27.3 (Industry average Stock P/E: 38.1)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✗ Total Debt / Equity: 1.79
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in United Polyfab Gujarat Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE