Company Overview

GHCL Textiles Limited reported strong financial performance for FY 2025-26 with revenue of ₹1,334.80 crores (up from ₹1,168.12 crores in FY25) and net profit of ₹70.37 crores (up from ₹55.97 crores). The company's basic EPS stood at ₹7.36 compared to ₹5.86 in the previous year.

AGM and Corporate Actions

The 6th Annual General Meeting is scheduled for June 27, 2026 via video conference to approve FY26 financial statements, declare a dividend of ₹0.60 per equity share (30% of paid-up capital), reappoint Director Raman Chopra, and appoint Deloitte Haskins & Sells as statutory auditor for five years at remuneration up to ₹75 lakhs annually. The record date for dividend eligibility is June 20, 2026.

Financial Position and Operations

The company showed improved operational metrics with trade receivables increasing to ₹170.59 crores and short-term borrowings rising to ₹134.22 crores. Credit ratings were upgraded to CARE A/Stable for long-term facilities and CARE A1 for short-term facilities. Operational highlights include commissioning 25,000 new spindles, 15 knitting machines, and 3 MW additional green energy capacity, with export contribution increasing to 10.2% of revenue.

Governance and Related Party Transactions

Significant related party transactions were disclosed with GHCL Limited, including sale of export benefit certificates (₹2.10 crores) and business support services (₹0.58 crores received, ₹0.25 crores given). The board composition includes 8 directors (4 independent, 2 promoter, 2 non-executive) with Mr. Alok Raj appointed as Independent Director effective April 1, 2026.

Capital Structure and Shareholding

The authorized share capital remains ₹35.15 crores with paid-up capital of ₹19.12 crores. Promoter holding stands at 19.20% with minor changes during the year. The company maintains banking relationships with State Bank of India, IDBI Bank, HDFC Bank, ICICI Bank, CTBC Bank, and Bank of Baroda.

Regulatory Compliance and Disclosures

All disclosures comply with SEBI Listing Regulations, Companies Act 2013, and Indian Accounting Standards (Ind AS). The company implemented Labour Codes from November 21, 2025 and maintained proper CSR expenditure of ₹66 lacs during FY26 through GHCL Foundation Trust.