Integrated Filing — IndAS



General information about company
Scrip Code 000000
NSE Symbol UNITEDPOLY
MSEI Symbol NOTLISTED
ISIN INE368U01011
Name of company UNITED POLYFAB GUJARAT LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 26-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment TEXTILE-YARN MANUFACTURING
Start date and time of board meeting 26-May-2025   15:00:00
End date and time of board meeting 26-May-2025   20:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-05-25
Indicate Company website link for updated RPT policy of the Company https://www.upgl.in/policy/Related%20Party%20Transaction%20Policy.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
NOTAPPLICABLE



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 1534251000 6022177000
Other income 2808000 10071000
Total income 1537059000 6032248000
2 Expenses
(a) Cost of materials consumed 1398368000 5364722000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -72648000 -177577000
(d) Employee benefit expense 28605000 108178000
(e) Finance costs 27111000 96603000
(f) Depreciation, depletion and amortisation expense 34042000 130026000
(f) Other Expenses
1 Others 68273000 297768000
Total other expenses 68273000 297768000
Total expenses 1483751000 5819720000
3 Total profit before exceptional items and tax 53308000 212528000
4 Exceptional items 0 0
5 Total profit before tax 53308000 212528000
6 Tax expense
7 Current tax 14589000 53504000
8 Deferred tax -321000 -17896000
9 Total tax expenses 14268000 35608000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 39040000 176920000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 39040000 176920000
17 Other comprehensive income net of taxes 0 31000
18 Total Comprehensive Income for the period 39040000 176951000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 229516000 229516000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.7 7.71
Diluted earnings (loss) per share from continuing operations 1.7 7.71
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.7 7.71
Diluted earnings (loss) per share from continuing and discontinued operations 1.7 7.71
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 937815000
Capital work-in-progress 1491000
Investment property
Goodwill 0
Other intangible assets 0
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 1000000
Trade receivables, non-current 0
Loans, non-current 154000
Other non-current financial assets 35000
Total non-current financial assets 1189000
Deferred tax assets (net)
Other non-current assets 3023000
Total non-current assets 943518000
2 Current assets
Inventories 445731000
Current financial asset
Current investments 0
Trade receivables, current 969131000
Cash and cash equivalents 1956000
Bank balance other than cash and cash equivalents 46610000
Loans, current 622000
Other current financial assets 4801000
Total current financial assets 1023120000
Current tax assets (net)
Other current assets 45985000
Total current assets 1514836000
3 Non-current assets classified as held for sale 3413000
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 2461767000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 229516000
Other equity 743751000
Total equity attributable to owners of parent 973267000
Non controlling interest
Total equity 973267000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 493841000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total non-current financial liabilities 493841000
Provisions, non-current 6326000
Deferred tax liabilities (net) 59158000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 559325000
Current liabilities
Current financial liabilities
Borrowings, current 689924000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 173258000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 6773000
Total Trade payable 180031000
Other current financial liabilities 31588000
Total current financial liabilities 901543000
Other current liabilities 1540000
Provisions, current 16632000
Current tax liabilities (Net) 1860000
Deferred government grants, Current
Total current liabilities 921575000
3 Liabilities directly associated with assets in disposal group classified as held for sale 7600000
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1488500000
Total equity and liabilites 2461767000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 -31000
5 Total Other comprehensive income 0 31000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 212528000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 96603000
Adjustments for decrease (increase) in inventories -190460000
Adjustments for decrease (increase) in trade receivables, current 0
Adjustments for decrease (increase) in trade receivables, non-current 14139000
Adjustments for decrease (increase) in other current assets 41450000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current -2041000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -41706000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -10608000
Adjustments for increase (decrease) in other non-current liabilities 8155000
Adjustments for depreciation and amortisation expense 130026000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 22000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 45580000
Net cash flows from (used in) operations 258108000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 63528000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 194580000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 122000
Purchase of property, plant and equipment 25505000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -25383000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 143284000
Repayments of borrowings 214426000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 96603000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -167745000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1452000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 1452000
Cash and cash equivalents cash flow statement at beginning of period 504000
Cash and cash equivalents cash flow statement at end of period 1956000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Rajiv Shah & Associates Yes 30-Apr-2026


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 United Polyfab Gujarat Limited United Polyfab Private Limited a private company in which a director or his relative is a member or director Sale of goods or services NA 1995566000 0 0
2 United Polyfab Gujarat Limited United Polyfab Private Limited a private company in which a director or his relative is a member or director Any other transaction RENT NA 120000 0 0
3 United Polyfab Gujarat Limited United Techfab Limited a public company in which a director or his relative is a member or director Purchase of goods or services NA 2268889000 0 0
4 United Polyfab Gujarat Limited United Techfab Limited a public company in which a director or his relative is a member or director Any other transaction RENT NA 480000 0 0
5 United Polyfab Gujarat Limited United Cotfab Limited a public company in which a director or his relative is a member or director Sale of goods or services NA 569823000 0 0
6 United Polyfab Gujarat Limited United Cotfab Limited a public company in which a director or his relative is a member or director Purchase of goods or services NA 657000 0 0
7 United Polyfab Gujarat Limited Vinod Spinners Private Limited a private company in which a director or his relative is a member or director Sale of goods or services NA 649088000 0 0
8 United Polyfab Gujarat Limited Vinod Spinners Private Limited a private company in which a director or his relative is a member or director Purchase of goods or services NA 26000 0 0
9 United Polyfab Gujarat Limited Vinod Cotfab Private Limited a private company in which a director or his relative is a member or director Sale of goods or services NA 12944000 0 0
10 United Polyfab Gujarat Limited Vishan International LLP a LLP in which a director or his relative is a member or partner Sale of goods or services NA 140171000 0 0
11 United Polyfab Gujarat Limited Vishan International LLP a LLP in which a director or his relative is a member or partner Purchase of goods or services NA 1285000 0 0
12 United Polyfab Gujarat Limited Vinod Texspin LLP a LLP in which a director or his relative is a member or partner Purchase of goods or services NA 1285000 0 0
13 United Polyfab Gujarat Limited United Polyfab Private Limited a private company in which a director or his relative is a member or director Purchase of goods or services NA 90446000 0 0
14 United Polyfab Gujarat Limited United Techfab Limited a public company in which a director or his relative is a member or director Sale of goods or services NA 20588000 0 0
15 United Polyfab Gujarat Limited Dropdi Kamal Kishor Hada Relative of Director/ KMP Loan NA 225000 2500000 2500000
16 United Polyfab Gujarat Limited Gagan N Mittal-HUF Relative of Director/ KMP Loan NA 7000 655000 726000
17 United Polyfab Gujarat Limited Kamal Kishor Hada and Others HUF Relative of Director/ KMP Loan NA 160000 2000000 2000000
18 United Polyfab Gujarat Limited Mrs Shilpa G Mittal Relative of Director/ KMP Loan NA 0 51000 56000
19 United Polyfab Gujarat Limited Ms Mansi N Mittal Relative of Director/ KMP Loan NA 35000 3892000 4207000
20 United Polyfab Gujarat Limited Ritesh K Hada DIRECTOR Loan NA 720000 9000000 9000000
21 United Polyfab Gujarat Limited Shri Gagan N Mittal DIRECTOR Loan NA 0 34000 37000
22 United Polyfab Gujarat Limited Shri Nirmal M Mittal (Saraffi) DIRECTOR Loan NA 300000 69000 -224000
23 United Polyfab Gujarat Limited Smt.Urmila Nirmal Mittal Relative of Director/ KMP Loan NA 0 45000 49000
24 United Polyfab Gujarat Limited United Eduplus Pvt Ltd Relative of Director/ KMP Loan NA 0 0 10000000
25 United Polyfab Gujarat Limited Shri Gagan N Mittal MANAGING DIRECTOR Remuneration NA 1800000 0 0
26 United Polyfab Gujarat Limited Mrs. Shilpa G. Mittal Relative of Director/ KMP Remuneration NA 1200000 0 0
27 United Polyfab Gujarat Limited Mahesh Gupta Key Managerial Personnel Any other transaction SALARY NA 630000 0 0
28 United Polyfab Gujarat Limited Dilip Matolia Key Managerial Personnel Any other transaction SALARY NA 540000 0 0
Total value of transaction during the reporting period 5756985000