ALPHA TRIBE

United Polyfab Gujarat LimitedImportant, 14-11-2024: Financial Result Updates

14-11-2024 | 01:42 pm

**Consolidated Financial Summary: United Polyfab Gujarat Limited**

The company reported consolidated revenue from operations of ₹158.93 crore for the recent half-year, reflecting a growth of 89% compared to ₹84.01 crore in the same period last year. This surge is driven by increased demand and strategic market expansion.

Net profit for the half-year was ₹9.10 crore, representing a substantial year-over-year increase from ₹6.43 crore. The Earnings Per Share (EPS) improved to ₹3.80, compared to ₹2.36 previously, indicating positive operational performance.

Operating costs rose slightly to ₹15.33 crore. Notably, the cost of materials consumed increased significantly, contributing to this rise. However, efficient management of employee expenses and other operational costs has helped maintain profitability.

On the balance sheet, total assets stand at ₹253.04 crore, with a notable increase in trade receivables and inventory, indicating robust business activity. The current liabilities totaled ₹112.57 crore, juxtaposed with total equity of ₹88.36 crore, reflecting a solid financial position.

Looking forward, United Polyfab appears focused on leveraging its operational strengths to capitalize on market trends. Given the favorable growth trajectory and solid cost management, the investment perspective projects a **buy** for investors, supported by ongoing demand in the textiles sector.

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