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United Polyfab Gujarat Ltd (IN:UNITEDPOLY)
:UNITEDPOLY
India Market
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United Polyfab Gujarat Ltd (UNITEDPOLY) AI Stock Analysis

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IN:UNITEDPOLY

United Polyfab Gujarat Ltd

(UNITEDPOLY)

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Neutral 59 (OpenAI - 5.2)
Rating:59Neutral
Price Target:
₹32.00
▲(21.95% Upside)
Action:Reiterated
Date:05/21/26
The score is held back primarily by uneven cash generation and thin margins despite improving earnings and a gradually strengthening balance sheet. Technicals are supportive with the stock trading above key moving averages and positive momentum indicators, while valuation appears relatively expensive with no dividend yield data to offset the higher P/E.
Positive Factors
Revenue recovery & earnings improvement
A durable rebound in top-line and a multi-year rise in net income signal improving demand capture and operational leverage in core woven fabrics. Sustained revenue/earnings improvement supports capacity utilization, reinvestment and resilience to cyclicality over the next several quarters.
Negative Factors
Inconsistent cash generation
Volatile and weakening cash conversion undermines the company's ability to deleverage, fund capex or absorb working-capital shocks. Persistent cash variability raises refinancing and operational risk and limits the room for strategic investments or dividend policies.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue recovery & earnings improvement
A durable rebound in top-line and a multi-year rise in net income signal improving demand capture and operational leverage in core woven fabrics. Sustained revenue/earnings improvement supports capacity utilization, reinvestment and resilience to cyclicality over the next several quarters.
Read all positive factors

United Polyfab Gujarat Ltd (UNITEDPOLY) vs. iShares MSCI India ETF (INDA)

United Polyfab Gujarat Ltd Business Overview & Revenue Model

Company Description
United Polyfab Gujarat Limited specializes in the production and commercialization of yarns. Their diverse product range includes cotton yarn, alongside various fabric types such as dyed, grey, and denim. The company, which commenced operations in...
How the Company Makes Money
United Polyfab Gujarat Ltd primarily makes money by manufacturing and selling polymer-based woven fabric and related packaging products to business customers. Key revenue streams typically include (i) sales of woven fabric (used as an intermediate...

United Polyfab Gujarat Ltd Financial Statement Overview

Summary
Income statement momentum improved (FY2026 revenue +11.7% and higher net income), and leverage has been trending down with stronger equity. However, cash flow quality is a major constraint: FY2026 operating cash flow and free cash flow weakened materially and prior periods included a large negative free-cash-flow year, alongside thin margins that increase sensitivity to cost and demand swings.
Income Statement
66
Positive
Balance Sheet
58
Neutral
Cash Flow
41
Neutral
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue6.82B6.02B9.08B6.53B6.54B
Gross Profit590.92M596.83M452.23M395.70M412.90M
EBITDA528.07M439.14M341.31M294.89M329.67M
Net Income242.90M176.89M66.08M54.78M94.05M
Balance Sheet
Total Assets2.73B2.46B2.43B1.98B2.10B
Cash, Cash Equivalents and Short-Term Investments85.36M49.56M1.51M75.12M126.81M
Total Debt1.06B1.18B1.25B1.14B1.21B
Total Liabilities1.40B1.49B1.63B1.34B1.55B
Stockholders Equity1.33B973.23M796.31M636.90M551.13M
Cash Flow
Free Cash Flow14.93M72.45M-245.09M78.32M73.27M
Operating Cash Flow42.81M97.96M15.62M157.61M97.58M
Investing Cash Flow-27.48M-25.38M-205.94M-79.29M-24.11M
Financing Cash Flow-13.04M-71.14M116.71M-130.00M43.65M

United Polyfab Gujarat Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price26.24
Price Trends
50DMA
33.05
Negative
100DMA
29.64
Positive
200DMA
33.00
Negative
Market Momentum
MACD
-0.43
Positive
RSI
41.52
Neutral
STOCH
24.60
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UNITEDPOLY, the sentiment is Negative. The current price of 26.24 is below the 20-day moving average (MA) of 32.61, below the 50-day MA of 33.05, and below the 200-day MA of 33.00, indicating a bearish trend. The MACD of -0.43 indicates Positive momentum. The RSI at 41.52 is Neutral, neither overbought nor oversold. The STOCH value of 24.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:UNITEDPOLY.

United Polyfab Gujarat Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
₹8.01B-64.963.38%-6.06%-121.06%
60
Neutral
₹9.26B26.800.70%-8.30%8.99%
59
Neutral
₹7.01B27.8312.67%44.05%
57
Neutral
₹8.90B17.58-5.63%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
₹9.41B44.310.51%-2.03%75.38%
50
Neutral
₹6.09B-7.19-3.78%-26.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:UNITEDPOLY
United Polyfab Gujarat Ltd
31.25
10.59
51.26%
IN:NAHARSPING
Nahar Spinning Mills Ltd
264.85
-5.47
-2.02%
IN:PRECOT
Precot Ltd.
800.45
229.88
40.29%
IN:RSWM
RSWM Ltd
193.70
23.10
13.54%
IN:SARLAPOLY
Sarla Performance Fibers Limited
102.20
-10.45
-9.28%
IN:SUTLEJTEX
Sutlej Textiles & Industries Ltd.
37.17
-8.81
-19.16%

United Polyfab Gujarat Ltd Corporate Events

United Polyfab Gujarat CS and Compliance Officer Resigns
May 30, 2026
United Polyfab Gujarat Ltd has announced that its Company Secretary and Compliance Officer, Vishal Sureshbhai Katarmal, has resigned to pursue career opportunities outside the company. His resignation will be effective from the close of business h...
United Polyfab Gujarat Says SEBI Large Corporate Rules Don’t Apply for FY 2026-27
Apr 24, 2026
United Polyfab Gujarat Ltd has clarified that it does not fall under the Securities and Exchange Board of India’s definition of a large corporate for the 2026-27 financial year. While the company has its equity shares listed on a recognised ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 21, 2026