Bhilwara Spinners FY26 Net Profit Rises to ₹490.80 Lac
Bhilwara Spinners reported a net profit of ₹490.80 lac for FY26, up from ₹173.06 lac in FY25. Revenue from operations surged to ₹7,447.44 lac.
*this image is generated using AI for illustrative purposes only.
Bhilwara Spinners Limited approved its audited financial results for the quarter and year ended March 31, 2026, at a Board of Directors meeting held on May 15, 2026. The statutory audit was conducted by M/s CLB & Associates, Chartered Accountants (Firm Registration No. 124305W), who issued an unmodified audit opinion on the annual financial results. The results were reviewed by the Audit Committee and approved by the Board at its meeting, which commenced at 03:00 P.M. and concluded at 04:15 P.M.
Financial Performance Overview
The company delivered a notable improvement in its financial performance for the full year ended March 31, 2026. Revenue from operations surged to ₹7,447.44 lac in FY26 from ₹2,496.82 lac in FY25, while total income reached ₹7,559.31 lac compared to ₹2,506.82 lac in the prior year. Net profit for FY26 stood at ₹490.80 lac, significantly higher than ₹173.06 lac reported in FY25. Basic Earnings Per Share (EPS) for FY26 improved to ₹5.42 from ₹1.91 in FY25.
The following table summarises the key income statement metrics:
| Metric: | FY26 (Rs. in Lac) | FY25 (Rs. in Lac) |
|---|---|---|
| Revenue from Operations: | 7,447.44 | 2,496.82 |
| Other Income: | 111.87 | 10.00 |
| Total Income: | 7,559.31 | 2,506.82 |
| Total Expenditure: | 7,366.27 | 2,329.20 |
| Profit from Operations before Tax & Exceptional Items: | 193.04 | 177.62 |
| Exceptional Items: | 63.11 | 67.04 |
| Profit before Tax: | 256.15 | 244.66 |
| Net Profit after Tax: | 490.80 | 173.06 |
| Basic EPS (Rs.): | 5.42 | 1.91 |
Quarterly Performance
For the quarter ended March 31, 2026, the company reported revenue from operations of ₹3,456.47 lac, compared to ₹2,472.81 lac in the quarter ended December 31, 2025, and ₹770.67 lac in the quarter ended March 31, 2025. Net profit for the quarter ended March 31, 2026 stood at ₹667.11 lac, against ₹49.06 lac in the preceding quarter and a net loss of ₹32.55 lac in the corresponding quarter of the previous year. Basic EPS for the quarter ended March 31, 2026 was ₹7.37.
| Metric: | Q4 FY26 (Rs. in Lac) | Q3 FY26 (Rs. in Lac) | Q4 FY25 (Rs. in Lac) |
|---|---|---|---|
| Revenue from Operations: | 3,456.47 | 2,472.81 | 770.67 |
| Total Income: | 3,550.74 | 2,479.37 | 771.89 |
| Profit before Tax: | 313.29 | 81.18 | (17.11) |
| Net Profit/(Loss) after Tax: | 667.11 | 49.06 | (32.55) |
| Basic EPS (Rs.): | 7.37 | 0.54 | (0.36) |
Balance Sheet Highlights
As at March 31, 2026, total assets stood at ₹15,946.52 lac compared to ₹12,253.68 lac as at March 31, 2025. Non-current assets were ₹11,124.69 lac, while current assets totalled ₹4,821.83 lac. On the liabilities side, equity stood at ₹5,021.73 lac, comprising equity share capital of ₹905.36 lac and other equity of ₹4,116.37 lac.
| Balance Sheet Item: | March 31, 2026 (Rs. in Lac) | March 31, 2025 (Rs. in Lac) |
|---|---|---|
| Total Assets: | 15,946.52 | 12,253.68 |
| Non-Current Assets: | 11,124.69 | 11,155.38 |
| Current Assets: | 4,821.83 | 1,098.30 |
| Equity Share Capital: | 905.36 | 905.36 |
| Other Equity: | 4,116.37 | 3,625.56 |
| Total Equity: | 5,021.73 | 4,530.92 |
| Non-Current Liabilities: | 6,446.36 | 6,635.42 |
| Current Liabilities: | 4,478.42 | 1,087.33 |
Cash Flow Summary
For the year ended March 31, 2026, net cash from operating activities was ₹368.58 lac, compared to ₹1,166.77 lac in the previous year. Net cash used in investing activities was ₹2,762.27 lac, primarily on account of purchase of property, plant and equipment worth ₹2,856.87 lac. Net cash from financing activities stood at ₹2,374.71 lac. Cash and cash equivalents at the end of the reporting period were ₹4.09 lac, compared to ₹23.06 lac at the beginning of the period.
Internal Auditor Appointment
The Board also approved the appointment of M/s R.S. Pokharna and Associates, Chartered Accountants (Firm Registration No. 008560C), as Internal Auditor of the company for the financial year 2026-27. The firm, established in 1997 and based in Bhilwara, Rajasthan, is described as one of the top CA firms in the region, offering services across statutory audit, internal audit, accounting, direct tax, indirect tax, financial advisory, corporate advisory, and valuation services.
| Appointment Detail: | Information |
|---|---|
| Name of Internal Auditor: | M/s R.S. Pokharna and Associates |
| Firm Registration No.: | 008560C |
| Nature of Change: | Appointment |
| Applicable Period: | Financial Year 2026-27 |
| Location: | Bhilwara, Rajasthan |
The trading window for designated persons and their immediate relatives will open 48 hours after the declaration of these financial results, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Historical Stock Returns for Bhilwara Spinners
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.42% | +1.67% | +6.97% | +12.26% | -8.50% | +636.84% |
Given Bhilwara Spinners' nearly 3x revenue surge in FY26, what specific capacity expansions or new client acquisitions drove this growth, and can the company sustain this trajectory into FY27?
With ₹2,856.87 lac invested in property, plant and equipment during FY26, what additional production capacity has been added, and when is it expected to contribute meaningfully to revenues?
Despite the strong revenue growth, operating cash flow declined sharply from ₹1,166.77 lac to ₹368.58 lac — what working capital pressures are emerging, and how might they impact the company's liquidity position in FY27?
16
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
