Banswara Syntex has announced its audited financial results for the year ended March 31, 2026. The company reported a standalone net profit of ₹28.40 crore for FY26, marking a 33% increase from ₹21.40 crore in the previous year. Total income for the year rose to ₹1,369.70 crore from ₹1,307.50 crore in FY25. The Board of Directors has recommended a final dividend of Re. 1 per equity share of ₹5 each for the financial year ended March 31, 2026, subject to shareholder approval. Additionally, the audio recording of the earnings conference call held on May 20, 2026, to discuss the Q4 and FY26 results has been made available on the company's website.

Financial Performance

For the full year, the company recorded an EBITDA of ₹143.60 crore, up 22.5% year-on-year, with an EBITDA margin of 10.5%. Profit before tax for the year stood at ₹39.00 crore. The company recognized an exceptional expense of ₹8.90 crore during the year related to the reassessment of employee benefit obligations following the implementation of new Labour Codes. In Q4 FY26, PAT increased 87.1% YoY to ₹9.60 crore, while Total Income grew 6.6% to ₹369.30 crore.

Segment Performance

The Yarn Division reported a revenue of ₹449 crore for FY26, a decline of 2% YoY, impacted by labour shortages and lower capacity utilization at 77%. The Fabric Division achieved a revenue of ₹569 crore, growing 5% YoY, driven by improving demand trends in the US market. The Garment Division was the standout performer, with revenue surging 18% YoY to ₹324 crore, supported by a healthy order book and capacity utilization improving to 72%.

Balance Sheet and Outlook

The net debt increased by ₹27 crore to ₹483 crore as on March 31, 2026, primarily due to ongoing capex and working capital requirements. The overall debt-equity ratio stood at 0.8x. For FY27, the company targets a revenue range of ₹1,450–1,500 crore. Management aims to increase the revenue contribution from the Fabric and Garment segments from 63% in FY25 to 69% in FY27 to maintain margins. The company expects EBITDA margins to remain between 10.5% and 11% over the medium term.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE629D01020/604c135f-f24b-4e84-b905-2e6ea2e018f9.pdf

The promoters and promoter group of Banswara Syntex Limited have formally declared that no encumbrance has been created on the shares of the company held by them, either directly or indirectly, during the financial year ended March 31, 2026. The declaration was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and was submitted to the stock exchanges on April 3, 2026.

Regulatory Filing Details

The declaration was addressed to the Listing Departments of both BSE Limited and the National Stock Exchange of India Limited. It was signed by Ravindrakumar Toshniwal, acting on behalf of all promoters and members of the promoter group of Banswara Syntex Limited. The filing confirms full compliance with the applicable SEBI regulatory requirement for the reporting period.

Promoter & Promoter Group Members

The declaration covers all individuals and entities listed under Annexure – A as part of the promoter and promoter group. The following tables detail the complete list of members covered under this declaration.

Individual Members

Corporate Entities

Declaration Summary

The filing was submitted from Mumbai and copies were also forwarded to the Company Secretary and the Audit Committee at Banswara Syntex Limited's registered office at Industrial Area, Dahod Road, Banswara, Rajasthan – 327001. The declaration collectively covers nine individual promoters and four promoter group entities, affirming that none of the shares held by these parties were subject to any encumbrance during the financial year ended March 31, 2026.