Vardhman Textiles Limited held an earnings conference call on November 10, 2026, to discuss the company's Q2 FY27 results. The call was hosted by 360 ONE Capital Markets Private Limited and featured participation from the company's management team.

Event Type: Earnings conference call to discuss quarterly results

Date and Time: November 10, 2026 (time not specified)

Purpose: Discussion of Q2 FY27 financial results and business updates

Management Participants:

  • Mr. Neeraj Jain — Managing Director
  • Mrs. Sagrika Vir — Executive Director
  • Mr. Sushil Jhamb — Director, Raw Materials
  • Mr. Rajeev Thapar — Chief Financial Officer
  • Mr. Varun Malhotra — Head of Finance

Moderator: Ms. Aradhana Jain from 360 ONE Capital Markets Private Limited

The company disclosed that the transcript of the earnings conference call was being filed pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Period Discussed: Q2 FY27 (Second Quarter of Financial Year 2026-2027)

Business Performance Highlights:

  • Yarn business showed significant improvement due to better demand and higher prices
  • Fabric business faced challenges with lower export volumes and pricing pressure
  • Company reported an 11% year-on-year increase in net profit
  • Current cotton prices are approximately INR 65,000 per candy
  • Yarn conversion costs are at USD 0.80-0.90, considered reasonable profitability levels

Forward-Looking Statements:

  • Expects fabric business utilization to improve from current 80% to 90-95% in coming quarters
  • Technical textiles business expected to turn operating positive in second half of FY27
  • Long-term EBITDA margin guidance of 16-20%
  • Revenue growth expectation of 5-8% CAGR long-term

Capex Updates:

  • Ongoing open-end project with capacity of 50 tons per day to be operational in 6-7 months (~INR 500 crores investment)
  • Land acquisition in Madhya Pradesh PM MITRA Park delayed by 8-9 months
  • Future spinning projects would require minimum INR 1,000 crores investment for 100,000 spindles

Cotton Market Outlook:

  • Indian crop estimated at 28-29 million bales versus consumption of 35-36 million bales
  • New York futures at USD 0.79-0.82 per pound
  • Government duty-free import window until December 31, 2026

Additional Notes Section

The document includes the complete transcript of the earnings conference call containing detailed management commentary and Q&A session with analysts. No unpublished price sensitive information (UPSI) was indicated to be shared during the call. The filing represents standard regulatory compliance for post-earnings investor communication.