Key Financial Figures (FY 2025-26)
- Revenue from Operations: ₹15,468.29 lakhs (compared to ₹12,530.48 lakhs in FY 2024-25)
- Other Income: ₹480.86 lakhs
- Total Revenue: ₹15,949.15 lakhs
- Net Profit After Tax: ₹373.59 lakhs (compared to ₹274.60 lakhs in FY 2024-25)
- Earnings Per Share (EPS): ₹2.17 (compared to ₹1.72 in FY 2024-25)
- Authorized Share Capital: ₹18,00,00,000
- Paid-up Equity Share Capital: ₹17,19,00,000
- No dividend declared for FY 2025-26
Board and Management Changes
- Resignations: Mr. Safalkumar Hasmukhbhai Patel (Independent Director) effective April 01, 2026; Ms. Sejalben Shantilal Parmar (Independent Director) effective September 02, 2026
- Appointments: Mrs. Payal Jangir (Independent Director) and Mr. Rohit Ashokkumar Agrawal (Independent Director) effective September 05, 2026
- Key Managerial Personnel: Mr. Nareshkumar Mistri (CFO); Ms. Dipti Shandilya (Company Secretary & Compliance Officer) appointed August 5, 2026
AGM Agenda Items (September 30, 2026)
1. Adoption of audited financial statements for FY 2025-26
2. Re-appointment of Mr. Nirmalkumar Mangalchand Mittal as director liable to retire by rotation
3. Ratification of remuneration of ₹30,000 plus taxes to M/s. M.I. Prajapati & Associates as Cost Auditor for FY 2026-27
4. Appointment of M/s Paliwal & Company as Secretarial Auditor for 5 years
5. Appointment of Mrs. Payal Jangir as Independent Director for 5 years
6. Appointment of Mr. Rohit Ashokkumar Agrawal as Independent Director for 5 years
7. Approval of material related party transactions with Vinod Spinners Private Limited (limit: ₹100 crore)
8. Approval of material related party transactions with United Polyfab Gujarat Limited (limit: ₹100 crore)
9. Approval of material related party transactions with United Polyfab Private Limited (limit: ₹50 crore)
10. Approval of material related party transactions with Vishan International LLP (limit: ₹50 crore)
Related Party Transactions (FY 2025-26)
- United Polyfab Gujarat Limited: Purchases ₹5,219.35 lakhs, Sales ₹12.56 lakhs
- United Polyfab Private Limited: Purchases ₹218.31 lakhs, Sales ₹1,163.77 lakhs
- Vishan International LLP: Purchases ₹4.79 lakhs, Sales ₹673.11 lakhs
- Vinod Spinners Private Limited: Sales ₹3,045.99 lakhs
Operational Highlights
- Manufacturing of open end yarn for textile industry
- Raw materials: Cotton Lint and cotton waste
- Daily power consumption: 23,000 units
- Water consumption: 5,000 liters
- Workforce: 100-120 employees
- Manufacturing facilities in Ahmedabad, Gujarat
Capital Structure Impact
No change in share capital during FY 2025-26. Authorized capital remains ₹18 crore, paid-up capital remains ₹17.19 crore.
Cash Flow Implications
Retained earnings of ₹373.59 lakhs added to surplus. No dividend outflow.