United Polyfab compliance officer resigns effective May 30

United Polyfab Gujarat Limited has informed the stock exchanges regarding the resignation of its Company Secretary and Compliance Officer, Vishal Sureshbhai Katarmal. The resignation, effective from the close of business hours on May 30, 2026, was submitted to pursue a career opportunity outside the organization. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that Katarmal has been relieved from his services effective the stated date. In his resignation letter addressed to the Managing Director, Katarmal cited personal reasons for stepping down from the position and all other statutory or designated roles within the company. He requested that the necessary intimations be made to the stock exchanges and that the relevant forms be filed with the Registrar of Companies.

Gagan Nirmalkumar Mittal, Chairman and Managing Director of United Polyfab Gujarat Limited, signed the intimation sent to the exchanges. The company acknowledged Katarmal's contributions during his tenure and extended their best wishes for his future endeavours.

Details of Resignation

The following table outlines the key details regarding the cessation of the Company Secretary and Compliance Officer:

Sr. No.	Details to be provided	Information of event
1	Reason for resignation	CS Vishal Sureshbhai Katarmal (A78544) has tendered his resignation from the post of Company Secretary and Compliance Officer to pursue carrier opportunity outside the company
2	Date of cessation	He will be relieved from the services of the Company with effect from close of business hours on 30.05.2026
3	Brief profile (in case of appointment)	NA
4	Relation with directors of company (in case of appointment)	NA

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.09%	-0.50%	+10.74%	-11.41%	+104.68%	+2,709.17%

United Polyfab Gujarat reported its audited financial results for the year ended March 31, 2026, demonstrating significant growth in both revenue and profitability. The company's net profit for the year surged to 24.29 crore, compared to 17.70 crore in the previous fiscal year, reflecting robust bottom-line expansion. Revenue from operations for FY26 stood at 682.03 crore, a notable increase from the 602.22 crore recorded in the prior year, driven by strong operational performance. The company published these audited financial results in the Financial Express on May 21, 2026.

Annual Financial Performance

The table below outlines the key financial metrics for United Polyfab Gujarat for the year ended March 31, 2026, compared to the corresponding period in the previous year:

Metric:	FY26 (Audited)	FY25 (Audited)	Change (YoY)
Net Profit:	24.29 crore	17.70 crore	Higher
Revenue:	682.03 crore	602.22 crore	Higher
Total Income:	682.83 crore	603.22 crore	Higher
Total Expenses:	652.55 crore	581.97 crore	Higher

Operational Highlights and Margins

While total expenses rose to 652.55 crore from 581.97 crore, the company managed to improve its net profit margin. The cost of materials consumed increased to 632.78 crore from 536.47 crore. Additionally, the board approved the appointment of M/s. M.I. Prajapati & Associates as cost auditors for the financial year 2026-27 to ensure compliance with regulatory requirements.

Q4 Performance Snapshot

For the quarter ended March 31, 2026, the company reported a net profit of 7.06 crore, up from 3.90 crore in the same quarter of the previous year. Revenue for Q4 FY26 reached 172.03 crore, compared to 153.43 crore in the year-ago period, indicating strong momentum in the final quarter of the fiscal year.