Rishi Techtex posted revenue of ₹14,695.28 lakh for FY26, a 17% increase from the previous year. Net profit rose 9% to ₹249.55 lakh, supported by strong domestic volume growth in its woven packaging and agrotech segments.

The technical textiles manufacturer navigated geopolitical disruptions and raw material volatility while expanding its asset base. The company announced no dividend for the year, opting instead to strengthen cash flows.

Financial Performance

Revenue from operations expanded significantly, driven by the woven division which recorded an approximate increase of 1,000 tons in bag sales. Operating profit (EBITDA) grew 12% to ₹994.58 lakh, though the operating margin contracted slightly to 6.77% from 7.07% in FY25 due to sharp input cost inflation.

Profit before tax (PBT) advanced 20% to ₹406.38 lakh. The net profit margin improved marginally to 2.77% from 2.69%.

Segment Highlights

The Woven Packaging Solutions division emerged as the primary growth engine. The company commissioned a second automated lamination plant, boosting monthly capacity from approximately 55 lakh to 65-67 lakh bags. This expansion allowed higher output without a proportional increase in manpower.

In the Knitted Solutions segment, sales of premium metallized reflective nets nearly doubled, rising from 15 tons in FY25 to 28 tons in FY26. Over 70% of shade net revenues originated from the domestic market, providing resilience against subdued export demand in the Middle East.

What the Numbers Show

Rising receivables signal working capital pressure amidst growth. Trade receivables surged 26% to ₹2,738.37 lakh, outpacing the 17% revenue growth. Consequently, the debtors turnover ratio slowed to 18.63 from 17.30 in the prior year, indicating longer collection cycles despite disciplined inventory management.

Balance Sheet and Governance

Total assets expanded 24% to ₹9,307.57 lakh, reflecting investments in fixed assets and right-of-use assets under Ind AS 116. The debt-equity ratio increased to 1.15 from 0.91, driven by new term loans and lease liabilities.

The 42nd Annual General Meeting will be held on September 24, 2026, via video conferencing. Shareholders will vote on the reappointment of Mrs. Aakanksha Mikhail Verma and approve a related-party transaction with Centennial Fabrics Limited valued at up to ₹95 crore for FY27-28.

Rishi Techtex has scheduled its 42nd Annual General Meeting (AGM) for Thursday, September 24, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means at 11:00 am. Pursuant to Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company will provide a facility for remote e-voting.

The Board of Directors approved the agenda during its meeting held on August 19, 2026. Key approvals included the Board’s Report for FY26 and the appointment of M/s. Sudhanwa S. Kalamkar & Associates as the scrutinizer for the e-voting facility. Central Depository Services (India) Limited will act as the agency for e-voting.

E-Voting Schedule

Shareholders eligible to vote must hold shares as on the cut-off date of September 17, 2026. The e-voting window is scheduled as follows:

Related-Party Transaction

The Board proposed a material transaction with Centennial Fabrics Limited, a related party. The deal is structured to operate at arm's length for one year, from April 1, 2027, to March 31, 2028. This proposal requires shareholder approval at the upcoming AGM.

Corporate Actions

The company will close its Register of Members and Share Transfer Books from September 18, 2026, to September 24, 2026, inclusive, to determine voting eligibility.

This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.