Date: 02/10/2026

Financial Results (Standalone & Consolidated)

FY 2025-26 Performance:

  • Revenue from operations: ₹780.95 crore (vs. ₹702.07 crore in FY 2024-25), representing 11% growth
  • Profit after tax: ₹71.56 crore (vs. ₹65.74 crore in FY 2024-25), representing 8.85% growth
  • Earnings per share: Increased from ₹114.83 to ₹125.00
  • Export turnover: ₹545.5 crore, accounting for 72.9% of total turnover
  • Net cash from operating activities: ₹228.25 crore

Q1 FY 2026-27 Performance:

  • Revenue from operations: ₹257.92 crore (vs. ₹191.98 crore in Q1 FY 2025-26)
  • Profit after tax: ₹25.70 crore (vs. ₹15.92 crore in corresponding quarter)
  • EPS: Increased from ₹27.81 to ₹44.89

Dividend Declaration or Non-Declaration

  • Final dividend recommended: ₹37 per equity share of ₹10 face value for FY 2025-26
  • Total payout: ₹21.18 crore
  • Payout ratio: Approximately 29.60%
  • Subject to approval of Members

Capacity Expansion and Modernisation

FY 2025-26 Investments:

  • Total investment: ₹69.96 crore (entirely from internal accruals)
  • Installed spindle capacity increased from 108,288 spindles to 114,336 spindles
  • Additional 6,480 spindles commissioned on 26-09-2026, bringing total to 120,816 spindles

Future Plans:

  • Unit 4 modernisation planned with investment of ₹135-138 crore
  • Replacement of approximately 43,000 existing spindles with 45,000 new-generation spindles
  • Targeted operational date: March 2027
  • Funding: Entirely through internal accruals
  • Objectives: Higher productivity, greater automation, improved process control, better product consistency, lower manpower requirements

Sustainability Initiatives

  • Installed wind power capacity: 27.4 MW
  • Rooftop solar capacity: 8.33 MW (primarily for captive consumption)
  • Renewable energy meets 82-84% of total energy requirement
  • Estimated CO₂ emissions avoided through renewable energy usage: 41,011 tonnes in FY 2025-26
  • Evaluating opportunities in Battery Energy Storage Systems subject to technical feasibility, investment economics, operating requirements and regulatory environment

Business Strategy and Philosophy

  • Core principle: Build and sustain strong balance sheet with solvency as prime motive
  • Company remains debt-free
  • Focus on differentiated products rather than selling spindle capacity
  • Emphasis on quality, consistency, sustainability, traceability and reliability
  • Customer relationships: Leading international brands and marquee clients, approximately half with relationships extending beyond 15 years
  • Traceability systems enable tracing finished yarn back to individual bale, ginner and originating farm
  • Inventory management maintained to ensure uninterrupted production and mitigate supply-chain disruptions

Governance and Acknowledgments

  • Commitment to sound corporate governance, regulatory compliance, transparency and responsible stewardship
  • Acknowledgement of employees, customers, suppliers, bankers, auditors, advisors and business partners
  • Emphasis on long-term thinking, patience and discipline as core principles