GHCL Textiles Limited has filed the transcript of its Q4 and FY26 earnings conference call held on April 30, 2026, with the stock exchanges. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously made the audio recording of the call available to investors on April 30, 2026.

Financial Performance Highlights

The company reported a robust financial performance for the quarter ended March 31, 2026. Revenue increased to INR375 crores, marking a 31% rise on a year-on-year basis. EBITDA for the quarter stood at INR52 crores, while Profit After Tax (PAT) reached INR28 crores. For the full year FY26, revenue was INR1,335 crores, an increase of 14% over the previous year, with full-year EBITDA growing by 34% to INR156 crores.

Operational and Strategic Updates

During the earnings call, management highlighted that domestic market conditions improved significantly in Q4FY26, with demand strengthening across knitting and weaving segments. The company’s new 25,000 spindle unit has stabilized and is operating at optimum utilization. Additionally, the installation of the initial batch of knitting machines has been completed, with encouraging early customer response.

GHCL Textiles has received approval for land allocation in PM MITRA Park, Virudhunagar, Tamil Nadu, positioning the company for the next phase of scale growth. The balance sheet remains strong with a net debt of INR118 crores, representing a 0.1 x net debt to equity ratio.

Outlook and Guidance

Looking ahead, the company plans to install additional knitting machines and expand rooftop solar capacity in FY27. Management expressed cautious optimism regarding the market environment, citing structural tailwinds from trade policy resolutions such as the India-EU Free Trade Agreement. The company is targeting a revenue of INR2,000 crores and EBITDA margins of 15% to 18% in the next three years, aiming for FY29-FY30 to achieve these milestones.

GHCL Textiles Limited announced that its Board of Directors approved the audited financial results for FY26 during their 29th Board Meeting held on April 30, 2026. The company demonstrated strong operational performance with significant growth across key financial metrics, while the board also made several important corporate governance decisions including dividend proposal and auditor appointments.

Board Meeting Outcomes and Corporate Decisions

The Board meeting, which commenced at 11:30 AM and concluded at 02:15 PM on April 30, 2026, approved multiple significant resolutions. The board approved audited financial results for FY26 along with an unmodified audit report from S.R. Batliboi & Co. LLP. Additionally, they recommended a dividend of ₹0.60 per equity share and approved substantial capital budget allocations for FY27.

FY26 Financial Performance Highlights

GHCL Textiles reported impressive growth across all major financial parameters for FY26. Total revenue reached ₹1,334.80 crores compared to ₹1,168.12 crores in FY25, representing a 14.27% year-on-year increase. Net profit for FY26 stood at ₹70.37 crores, up 25.75% from ₹55.97 crores in the previous year, while earnings per share improved to ₹7.36 from ₹5.86.

Q4 FY26 Strong Quarter Performance

The fourth quarter demonstrated exceptional momentum with revenue from operations of ₹363.69 crores, compared to ₹283.61 crores in Q4 FY25, marking a 28.25% year-on-year growth. Net profit for Q4 FY26 reached ₹27.66 crores versus ₹14.20 crores in the corresponding quarter, representing a 94.79% increase. The quarter's earnings per share stood at ₹2.89 compared to ₹1.49 in Q4 FY25.

Strategic Appointments and Corporate Governance

The board recommended the appointment of Deloitte Haskins & Sells Chartered Accountants LLP as statutory auditors for five consecutive years from FY27 to FY31, subject to shareholder approval. The firm, registered with ICAI and part of the Deloitte network, will replace the current auditors. Additionally, SPMB & Co. LLP was reappointed as internal auditors, while R J GOEL & CO. was reappointed as cost auditors for FY27.

Balance Sheet Strength and Financial Position

The company's balance sheet reflects strong financial health with total assets of ₹1,870.43 crores as of March 31, 2026, compared to ₹1,702.84 crores in the previous year. Total equity increased to ₹1,502.49 crores from ₹1,437.38 crores, while current assets grew substantially to ₹634.48 crores from ₹465.19 crores, primarily driven by higher inventory levels of ₹421.12 crores and increased trade receivables of ₹170.59 crores.

Regulatory Compliance and Newspaper Publication

Following the board meeting, GHCL Textiles filed newspaper advertisement copies with stock exchanges on May 1, 2026, pursuant to listing regulations. The audited financial results advertisement was published in Hindu Business Line (English), Economic Times (English) - Ahmedabad edition, and Financial Express (Gujarati). Company Secretary Lalit Narayan Dwivedi confirmed that copies are available on BSE, NSE, and company websites.

Annual General Meeting and Dividend Distribution

The 6th Annual General Meeting is scheduled for Saturday, June 27, 2026, to be conducted through Video Conferencing. Subject to shareholder approval, the proposed dividend of ₹0.60 per equity share will be paid on or after June 27, 2026. The company maintained full regulatory compliance with no outstanding defaults on loans and debt securities, with total financial indebtedness of ₹158.97 crores as of March 31, 2026.