United Polyfab Gujarat Ltd

United Polyfab Gujarat's consolidated PAT (identical to standalone — no subsidiary/NCI effect) came in at ₹11.15 Cr for Q2 FY27, up 46.6% YoY from ₹7.60 Cr and 42.7% QoQ from ₹7.82 Cr, even as revenue from operations was effectively flat at ₹182.80 Cr — down 1.3% YoY and up 1.6% QoQ. EPS was ₹0.49 versus ₹0.33 a year ago. Net profit margin expanded to 6.10% from 4.11% YoY (4.35% in Q1 FY27), and EBITDA margin rose to roughly 9.6% from about 6.8% YoY — this quarter's profit story is cost efficiency, not volume or pricing growth, since the top line barely moved. The margin bridge sits mainly below the material line: finance costs fell 18% YoY to ₹2.22 Cr (from ₹2.71 Cr) and depreciation fell 35% YoY to ₹2.23 Cr (from ₹3.40 Cr), while material cost net of inventory build eased to 87.4% of revenue from 88.4% a year earlier. Other income — which often flatters small-cap prints — actually moved the wrong way, falling to ₹0.74 Cr from ₹3.78 Cr YoY, so the entire YoY improvement in PBT (₹13.81 Cr vs ₹10.34 Cr) came from core operating and financing efficiency rather than one-off income; no exceptional items are flagged in the filing's notes, so no raw/adjusted split is needed. Management's own release characterises the quarter as neutral with no stated outlook, and there is no prior formal guidance on record in our database or found via search, so there is no guidance bar to grade this print against. No analyst or brokerage preview for this specific quarter could be located — the stock carries limited institutional coverage — so vsStreet is unknown rather than estimated. Separately, in the two weeks before this result the company saw six board/auditor-level exits (three independent directors on Oct 12, 2026, three more directors on Oct 13, 2026, and the secretarial auditor on Sept 29, 2026) ahead of an EGM scheduled for Nov 18, 2026; the statutory auditor (SBSG & Co.) issued an unqualified limited-review report on both standalone and consolidated numbers, but the governance churn sits as a separate overhang alongside the operating print. Half-year FY27 PAT is ₹18.97 Cr on revenue of ₹362.65 Cr, up 40.2% and 9.4% YoY respectively — a stronger six-month picture than this single quarter's flat top line, helped by Q1 FY27 growth. Whether the ~9.6% EBITDA margin seen this quarter holds into Q3, and whether revenue returns to growth after this quarter's slight YoY dip, are the two things to track given the company issues no formal guidance.

United Polyfab Gujarat Limited has announced an Extra-Ordinary General Meeting (EGM) to be held on Wednesday, November 18, 2026, at 03:00 P.M. via Video Conference (VC) or Other Audio-Visual Means (OAVM). The primary agenda item is the appointment of three individuals as Non-Executive Independent Directors: Mr. Nareshkumar Mistri (DIN: 11700309), Mr. Rohit Ashokkumar Agrawal (DIN: 08948528), and Ms. Payal Jangir (DIN: 11702972). These appointments are proposed to be for a term of 5 consecutive years, effective from October 15, 2026. All proposed directors have been previously appointed as Additional Independent Directors by the Board and meet the independence criteria as per the Companies Act, 2013, and SEBI LODR Regulations.

United Polyfab Gujarat Ltd has announced that its Board of Directors will convene on October 28, 2026, at 5:00 PM. The primary agenda items include the consideration, approval, and recording of the Un-audited Standalone & Consolidated Financial Results for the quarter and half-yearly period ending September 30, 2026. Additionally, the Board will adopt the Limited Review Reports from the Statutory Auditors on these financial results. The trading window for company insiders remains closed from October 1, 2026, until 48 hours after the declaration of the financial results.

United Polyfab Gujarat Ltd announced the outcome of its Board Meeting held on October 15, 2026. The board decided to convene an Extraordinary General Meeting (EGM) on November 18, 2026, to be conducted via Video Conferencing/Other Audio Visual Means. Key decisions included approving the EGM schedule, appointing NSDL as the Remote E-Voting Agency, and appointing M/s Paliwal & Co. as Scrutinizer for the e-voting process. Additionally, the board approved the appointment of Ms. Payal Jangir, Mr. Agrawal Rohit Ashokkumar, and Mr. Naresh Kumar Mistri as Additional Directors in the category of Independent Directors, effective from the date of the EGM for a period of five years, subject to member approval. Brief profiles of the appointed directors were also provided.

United Polyfab Gujarat Ltd has announced the resignation of three Additional Directors: Ms. Payal Jangir, Mr. Rohit Ashokkumar Agarwal, and Mr. Naresh Kumar Mistri. The resignations are effective September 29th, 2026, and are due to personal reasons. Consequently, all three directors have stepped down from any committees they were part of. The company has expressed appreciation for their contributions during their tenure.

United Polyfab Gujarat Ltd has announced the resignation of three Additional Directors, Ms. Payal Jangir, Mr. Rohit Ashokkumar Agarwal, and Mr. Naresh Kumar Mistri, effective September 29, 2026. The resignations are due to personal reasons. Consequently, all three directors have stepped down from all committees of the company. The Board of Directors has expressed appreciation for their contributions.

United Polyfab Gujarat Limited held its Annual General Meeting (AGM) on September 29, 2026, conducted via Video Conferencing. The meeting concluded swiftly within 12 minutes. Shareholders approved all 9 resolutions presented, with voting results showing overwhelming support. E-voting and poll results indicated near-unanimous approval for the audited financial statements for the fiscal year ending March 31, 2026, and the accompanying Board of Director's and Promoter/Promoter Group reports. The scrutiny report was issued on October 1, 2026.

United Polyfab Gujarat Ltd has announced the resignation of its Secretarial Auditor, M/s. M. K. Samdani & Co. (Practicing Company Secretaries). The resignation was accepted by the Board of Directors during a meeting held on September 29, 2026. The auditor cited professional commitments as the reason for their departure. The resignation is effective from September 28, 2026. The company has provided detailed disclosures as required by SEBI regulations.

United Polyfab Gujarat Ltd. has announced the closure of its trading window for insiders, effective from October 1, 2026. This action is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code. The trading window will remain closed until 48 hours after the declaration of the un-audited financial results for the quarter ended September 30, 2026. During this period, all insiders are prohibited from dealing in the company's equity shares. The date for the Board Meeting to approve these quarterly results will be communicated in due course.

United Polyfab Gujarat Ltd has announced its 16th Annual General Meeting (AGM) scheduled for Tuesday, September 29, 2026, at 03:30 P.M. The meeting will be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). Key agenda items include the adoption of the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026, the re-appointment of Mr. Ritesh Kamalkishore Hada as a director, and the special business of appointing Mr. Gagan Mittal as Chairman and Managing Director for a five-year term commencing October 01, 2026. The AGM will also cover various other reports and declarations as detailed in the annual report.