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. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Textile manufacturing (open-end yarn) (100%). Single-segment, small-cap, recently listed (2025) BSE SME open-end yarn manufacturer; high raw-material cost intensity, low employee cost share, peak capacity utilisation
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 125 | 155 |
| EBITDA (ex other income) | — | 7 |
| margin % | — | 4.6 |
| Owners' profit | — | 4 |
| EPS, as reported (₹) | 1.72 | 2.17 |
| ROE % · ROCE % | — · 9.0 | 6.9 · 9.0 |
| Debt / equity (x) | — | 1.01 |
| Cash from operations | (18) | (0) |
| Capex | (2) | (14) |
| ₹ crore | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|
| Revenue | 62 | 63 | 75 | 80 |
| Profit before tax | 3 | 1 | 3 | 2 |
| Net profit | — | — | — | 1 |
| EPS (₹) | 1.20 | 0.52 | 1.40 | 0.77 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 37,974 | 41.6 | 6.66 | 27.5 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 19,663 | 71.5 | 3.95 | 25.3 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 16,368 | 19.0 | 1.55 | 12.4 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 11,965 | 30.1 | 2.51 | 14.5 | 7.9 | 8.6 | 8.1 | 17.7 |
| INDO COUNT INDUSTRIES LTD | 8,757 | 58.0 | 3.72 | 21.1 | 5.4 | 5.4 | 10.5 | 13.3 |
| GARWARE TECH FIBRES LTD | 7,675 | 37.1 | 5.67 | 24.0 | 14.7 | 18.7 | 8.1 | 20.5 |
| JINDAL WORLDWIDE LTD |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · United Cotfab announces 3rd AGM on September 30, 2026 via video conferencing | compliance | minimal | — | — |
| 7 Sept 2026 · United Cotfab submits 3rd Annual Report for FY 2025-26; AGM on Sep 30 | results | high | — | — |
| 7 Sept 2026 · United Cotfab 3rd AGM on Sep 30 2026 via VC. Includes director appointments and RPT approvals | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Board approves 3rd AGM notice and auditor appointments | board shareholder meetings | low | — | — |
| 5 Sept 2026 · United Cotfab appoints two additional independent directors | management changes | medium | — | — |
| 5 Aug 2026 · United Cotfab appoints Dipti Shandilya as Company Secretary | management changes | medium | — | — |
| 16 Jul 2026 · RTA certificate submitted under SEBI Regulation 74(5) for Q1 FY27 | compliance | minimal | — | — |
| 29 May 2026 · Board of Directors of the Company, in their Meeting held on today, ie. on Friday, May 29, 2026, at the Registered Office of the Company to Considered, Approved and taken on record the Audited .... | results | high | — | — |
| 25 May 2026 · United Cotfab Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve intimation for considering and .... | results | low | — | — |
| 14 May 2026 · Resignation of Mr Praveen Kumar Singh from the Post of Company Secretary and Compliance Officer of the Company of closing of Business hours of May 12, 2026. | management changes | medium | — | — |
| 5,314 |
| 63.1 |
| 6.17 |
| 40.6 |
| 8.1 |
| 9.0 |
| 6.1 |
| 8.7 |
| RAYMOND LIFESTYLE LIMITED | 4,213 | 97.2 | 0.44 | 7.7 | 0.5 | 0.7 | — | 8.9 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 3.7 | 14.8 | 24 of 205 | 89% |
| P/B | 0.5 | 1.3 | 26 of 183 | 86% |
| ROCE | 5.6 | 4.2 | 100 of 227 | 56% |
| ROE | 6.9 | 4.8 | 87 of 214 | 60% |
| Debt / Equity | 1.0 | 0.3 | 171 of 214 | 20% |
| EBITDA margin | 7.3 | 9.8 | 127 of 198 | 36% |
| Market cap | 25 | 63 | 158 of 221 | 29% |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
