AB Cotspin India Limited has confirmed that no encumbrance was created, invoked, or modified on the equity shares held by its promoters during the financial year 2025-26. The disclosure ensures compliance with regulatory norms regarding substantial acquisition of shares and takeovers.

Deepak Garg, a Promoter of ab cotspin , submitted the declaration to the National Stock Exchange of India and BSE Limited. The filing was made in accordance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration covers the equity shares held by Garg, other Promoters, members of the Promoter Group, and persons acting in concert with them. It explicitly states that no such encumbrance, whether direct or indirect, has been established during the said financial year, except for those previously disclosed to the stock exchanges.

Key Disclosures

The declaration was submitted on April 04, 2026, and addressed to the Listing Compliance departments of both exchanges. A copy of the communication has been forwarded to the Audit Committee of AB Cotspin India Limited.

AB Cotspin India Limited has reported its audited standalone and consolidated financial results for the financial year ended March 31, 2026. The company recorded a total revenue of ₹301.67 crore for FY26, a marginal increase from ₹300.91 crore in the previous year. Net profit for the period rose by 31.40% to ₹13.35 crore, compared to ₹10.16 crore in FY25, driven by improved operational efficiency.

Financial Performance

The company reported a significant improvement in profitability metrics. EBITDA surged by 29.04% to ₹42.41 crore, with margins expanding by 314 basis points to 14.06%. The net profit margin improved to 4.43% from 3.38% in the previous year. However, diluted EPS declined to ₹5.96 from ₹8.21 in FY25.

Operational Highlights

AB Cotspin successfully enhanced its production capacity by installing 14,592 additional spindles, bringing the total operational capacity to 50,832 spindles. Additionally, the company expanded its solar power capacity from 2,500 KW to 3,131 KW as part of its sustainability initiatives.

Management Commentary

Commenting on the performance, Mr. Deepak Garg, Managing Director of AB Cotspin India, stated that the company managed to report robust results despite tariff wars and geopolitical tensions. He highlighted the focus on operational efficiency which led to margin expansion. The company expects to achieve a total revenue of around ₹350-400 crore and an EBITDA of ₹50-60 crore for FY 2026-27.