Banswara Syntex Ltd-$ — earnings calls

Banswara Syntex reported total income of INR322.4 crores in Q1 FY27, up 4.1% year-on-year, with EBITDA of INR29.5 crores and a profit after tax of INR4.4 crores compared to a loss in the same quarter last year. Management said the quarter was affected by seasonal softness, labor shortages in the yarn division, and export logistics delays in the garment division due to the West Asia crisis. Management discussed the India-U.K. Free Trade Agreement, order book visibility through November-December, and planned capital investments of about INR140 crores for the year.

Banswara Syntex reported FY26 total income of approximately INR1,370 crores with EBITDA growth of 22.5% to about INR144 crores and PAT growth of 32.8% to INR28.4 crores, despite labor shortages in the Yarn division and geopolitical disruptions affecting the Middle East business. The Garment division was a standout, with quarter four revenue up 40% year-on-year to INR96 crores helped by new business from Walmart, while Fabric revenue reached a record INR569 crores for the year. Management guided to FY27 revenue of INR1,450 crores to INR1,500 crores with EBITDA margins expected between 10.5% and 11% over the medium-term.