True Colors Limited reported FY26 revenue of ₹302 crore, a 29% YoY increase, with PAT of ₹31 crore also up 29%.
EBITDA margins expanded by 194 basis points to 15.58% for FY26, while H2 PAT declined 24% YoY to ₹16 crore.
Operational volumes grew significantly with paper volume up 26% to 12 crore metres and fabric volume up 26% to 205 lakh metres.
Managing Director highlighted strategic shift to higher-value machines and working capital pressures from MSME vendor payment terms.