Sanathan Textiles Ltd — Q1 FY27 earnings call
Summary generated by AI from the official transcript Sanathan Textiles Ltd filed with BSE on 06 Aug 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
Sanathan Textiles reported consolidated revenue growth of 79.08% year-on-year and consolidated EBITDA growth of 55.38% to INR108.08 crores for Q1 FY27, driven by higher selling prices and the ramp-up of the Punjab facility. Standalone EBITDA rose 35.52% year-on-year with margin expansion of 233 basis points, supported by disciplined raw material procurement and product mix. Management said demand was disrupted early in the quarter by geopolitical tensions affecting PTA, MEG and cotton prices, but conditions began normalizing from June, and Punjab operated at about 80% capacity utilization during the quarter.
Numbers mentioned
Standalone EBITDA: INR94.93 crores (Q1 FY27)
p. 6
“Standalone EBITDA for the quarter stood at INR94.93 crores, compared to INR82.48 crores in Q4 FY26 and INR70.05 crores in Q1 FY26, representing a growth of 15.10% quarter-on-quarter and 35.52% year-on-year.”
Sanjay Shah, page 6 of the filed PDF · View the filing
Standalone EBITDA margin: 11.67% (Q1 FY27)
p. 6
“EBITDA margin improved to 11.67% against 10.96% in Q4 FY26 and 9.34% in Q1 FY26, an expansion of 72 basis point sequentially and 233 basis points year-on-year.”
Sanjay Shah, page 6 of the filed PDF · View the filing
Standalone profit after tax: INR64.95 crores (Q1 FY27)
p. 6
“Standalone profit after tax for the quarter stood at INR64.95 crores, compared to INR55.99 crores in Q4 FY26 and INR47.19 crores in Q1 FY26, representing a growth of 16% quarter-on-quarter and 37.64% year-on-year.”
Sanjay Shah, page 6 of the filed PDF · View the filing
Consolidated revenue from operations: INR1,334.74 crores (Q1 FY27)
p. 6
“On a consolidated basis, revenue from operations for Q1 FY27 stood at INR1,334.74 crores, compared to INR1,169.18 crores in Q4 FY26 and INR745.34 crores in Q1 FY26, a growth of 14.16% sequentially and 79.08% year-on-year.”
Sanjay Shah, page 6 of the filed PDF · View the filing
Consolidated EBITDA: INR108.08 crores (Q1 FY27)
p. 6
“Consolidated EBITDA for the quarter stood at INR108.08 crores, compared to INR94.43 crores in Q4 FY26 and INR69.56 crores in Q1 FY26, representing a growth of 14.46% quarter-on-quarter and 55.38% year-on-year.”
Sanjay Shah, page 6 of the filed PDF · View the filing
Consolidated profit after tax: INR23.82 crores (Q1 FY27)
p. 6
“Consolidated profit after tax for the quarter stood at INR23.82 crores, compared to INR21.57 crores in Q4 FY26 and INR40.43 crores in Q1 FY26.”
Sanjay Shah, page 6 of the filed PDF · View the filing
Depreciation: INR34.7 crores (Q1 FY27)
p. 4
“Depreciation rose from INR11.7 crores to INR34.7 crores, and the finance costs from INR4.62 crores to INR38.6 crores.”
Paresh Dattani, page 4 of the filed PDF · View the filing
Punjab facility capacity utilization: about 80% (Q1 FY27)
p. 4
“we have achieved a capacity utilization for the quarter at about 80%”
Paresh Dattani, page 4 of the filed PDF · View the filing
Consolidated yarn sales volume: 1 lakh metric tons (Q1 FY27)
p. 5
“At a consolidated level, we sold 1 lakh metric tons of yarn.”
Sammir Dattani, page 5 of the filed PDF · View the filing
Technical textiles revenue: approximately INR33 crores (Q1 FY27)
p. 7
“The revenue was close to INR33 crores approximately.”
Sanjay Shah, page 7 of the filed PDF · View the filing
Punjab revenue: close to INR550 crores (Q1 FY27)
p. 7
“Yes, the revenue was close to INR550 crores and the EBITDA was close to INR12 odd crores.”
Sanjay Shah, page 7 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
FY27 consolidated EBITDA — between about INR520 crores to INR540 crores · FY27
stated firmly by Paresh Dattani
p. 10
“We are maintaining the guidance of EBITDA between about INR520 crores to INR540 crores.”
Paresh Dattani, page 10 of the filed PDF · View the filing
Punjab EBITDA per ton (filament yarn) — close to INR30,000 per ton · next year
stated as an aspiration by Paresh Dattani
p. 7
“And we are targeting Punjab to give us next year about close to INR30,000 per ton.”
Paresh Dattani, page 7 of the filed PDF · View the filing
Technical textiles additional capacity — about 7,500 tons additional over last year's capacity · FY27
stated firmly by Paresh Dattani
p. 7
“So this year, out of the 9,000 addition, we should do about 7,500 tons additional over last year's capacity.”
Paresh Dattani, page 7 of the filed PDF · View the filing
Punjab Phase 2 commissioning — 900 tons per day · first quarter next year
stated firmly by Paresh Dattani
p. 8
“Coming first quarter next year, we will be fully commissioned with the second phase also. So what we are at 700 tons per day today, we aim to be at 900 tons per day by then.”
Paresh Dattani, page 8 of the filed PDF · View the filing
Punjab Phase 1 utilization — between 85% and 90%, then 95%, 96% · coming quarter and quarter after
stated as an aspiration by Paresh Dattani
p. 8
“Yes. Phase one, we are today utilization about 80%. In the coming quarter, we aim to be between 85% and 90%, and the quarter after that, we will be at full utilization of 95%, 96%.”
Paresh Dattani, page 8 of the filed PDF · View the filing
MP cotton plant capex — about INR400 crores
stated firmly by Paresh Dattani
p. 9
“Yes, so we are trying to put in about INR400 crores of capex there at MP to install that 72,500 spindles of cotton yarn.”
Paresh Dattani, page 9 of the filed PDF · View the filing
MP cotton plant incremental revenue — about INR350 crores to INR375 crores
stated as an aspiration by Paresh Dattani
p. 9
“Yes, about INR350 crores to INR375 crores of incremental revenue.”
Paresh Dattani, page 9 of the filed PDF · View the filing
Demand outlook Q2 FY27 — end of August till the end of September
stated as an aspiration by Paresh Dattani
p. 10
“Yes. So July, August, September quarter, we expecting a better demand, particularly going onwards from the end of August till the end of September, yes.”
Paresh Dattani, page 10 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management clarified Punjab revenue and EBITDA figures and said it prefers to look at EBITDA per ton rather than margin percentage, targeting about INR30,000 per ton next year.
Answered by Sanjay Shah
Asked by Sagar Tanna: What was Punjab's revenue and EBITDA, and at what scale of revenue can Punjab reach 11-12% EBITDA margin?
p. 7
“Yes, the revenue was close to INR550 crores and the EBITDA was close to INR12 odd crores.”
Sanjay Shah, page 7 of the filed PDF · View the filing
Management confirmed the guidance remains on track with full commissioning expected in the first quarter of next year.
Answered by Paresh Dattani
Asked by Charchit Maloo: Is the Punjab Phase 2 guidance for FY28 still intact?
p. 8
“Yes, that is intact. We are on course with that.”
Paresh Dattani, page 8 of the filed PDF · View the filing
Management said utilization was about 94% and the second phase is being commissioned shortly.
Answered by Paresh Dattani
Asked by Charchit Maloo: What was the technical textiles utilization in Q1 and when will the expanded capacity show in numbers?
p. 7
“No. See, till the last year, till the June quarter, we had 9,000 tons per annum. We are commissioning the second phase now very shortly.”
Paresh Dattani, page 7 of the filed PDF · View the filing
Management explained the Punjab figure is only for filament/polyester yarn, while the Silvassa figure blends polyester, cotton and technical yarn.
Answered by Paresh Dattani
Asked by Raman KV: Why is there such a large gap between Punjab and Silvassa EBITDA per ton figures?
p. 9
“No, when we said INR30,000 plus at Punjab for the next year, we are talking it's only the filament yarn, only the polyester side.”
Paresh Dattani, page 9 of the filed PDF · View the filing
Management confirmed guidance of INR520-540 crores for the year.
Answered by Paresh Dattani
Asked by Parth Sodha: Is the company maintaining its FY27 EBITDA guidance of over INR500 crores after Q1 results?
p. 10
“We are maintaining the guidance of EBITDA between about INR520 crores to INR540 crores.”
Paresh Dattani, page 10 of the filed PDF · View the filing
Management said the country still imports significant PTA volumes, but expects import dependence to reduce once GAIL and IOCL facilities come online.
Answered by Paresh Dattani
Asked by Amit Kumar: What is the current availability situation for PTA and MEG raw materials?
p. 10
“Availability situation is the same. As a country, we still import about, see about 2 million tonnes of PTA per annum, which we expected it to be reduced due to, but due to the late commissioning of the GAIL facility, which now they are commissioning in the current quarter, so that will reduce the dependence on import.”
Paresh Dattani, page 10 of the filed PDF · View the filing
Risks flagged
Geopolitical tensions in West Asia disrupted PTA and MEG feedstock markets, causing sharp polyester yarn price increases
p. 3
“Geopolitical tensions in West Asia disrupted the PTA and MEG feedstock markets, and the polyester yarn prices moved up sharply as a result of this.”
Paresh Dattani, page 3 of the filed PDF · View the filing
Cotton prices rose sharply due to firming spot raw cotton and disrupted global manufacturing capacity
p. 3
“Cotton moved in the same direction, but for entirely separate reasons, firming spot raw cotton and disrupting manufacturing capacity globally.”
Paresh Dattani, page 3 of the filed PDF · View the filing
Buyers deferred purchases anticipating a price correction, moderating industry operating rates
p. 3
“Buyers waited. They deferred purchases in anticipation of a correction, and the industry operating rates moderated through the first two months of the quarter.”
Paresh Dattani, page 3 of the filed PDF · View the filing
Raw cotton pricing and availability remains a key monitorable given climate-related disruption risk
p. 5
“Raw cotton pricing and availability remains a key monitorable factor for the coming season, particularly given the ongoing global disruption emerging from climate-related risk.”
Sammir Dattani, page 5 of the filed PDF · View the filing
Global geopolitical environment remains fluid, making impact on demand, logistics, energy prices and supply chains difficult to assess
p. 4
“The global geopolitical environment remains fluid, and the full impact on demand, logistics, energy prices, and supply chains continues to be difficult to assess with any precision.”
Paresh Dattani, page 4 of the filed PDF · View the filing
Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.