United Cotfab Limited

Manufactures open-end yarn from a single facility at Survey No. 191, Village-Timba, Taluka-Dascroi, Ahmedabad, operating in one segment — textile manufacturing. The company was incorporated in 2023 and listed on the BSE SME platform in 2025, with promoters Nirmalkumar Mangalchand Mittal and Gagan Nirmalkumar Mittal bringing over 55 years of textile industry experience. FY26 revenue was Rs 154.68 crore, up 23.4% year-on-year, against a workforce of 95-100 employees. The business focuses on recycled cotton and uses green energy inputs, with the company noting peak capacity utilisation in its FY25 annual report. Raw materials are the dominant input at 90% of revenue (Rs 139.23 crore in FY26), with employee cost at 2.1% and other operating expenses at 5.1%. A large share of the operating activity is routed through promoter-linked related parties — Vinod Spinners, United Polyfab Gujarat, United Polyfab Private Limited and Vishan International LLP — for which shareholders have approved material related party transaction limits of up to Rs 100 crore each with the first two and Rs 50 crore each with the latter two for FY26.