Sanathan Textiles FY26 Revenue Rises 27% to ₹3,811.18 Cr
Sanathan Textiles reported a 27.1% YoY increase in consolidated revenue to ₹3,811.18 Crores for FY26, driven by the ramp-up of its Punjab facility. However, consolidated PAT declined to ₹77.35 Crores due to elevated interest and depreciation expenses. Standalone revenue grew marginally to ₹3,037.86 Crores with a 10% increase in PAT. For FY27, management guided for revenue between ₹5,600 and ₹5,700 Crores and EBITDA exceeding ₹500 Crores.

*this image is generated using AI for illustrative purposes only.
Sanathan Textiles has announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results at its meeting held on May 15, 2026. The company reported a strong operational performance in Q4 FY26, driven by the ramp-up of its Punjab facility and margin expansion, despite higher interest and depreciation expenses impacting consolidated profitability for the full year.
Consolidated Financial Performance
On a consolidated basis, the Group reported revenue from operations of ₹3,811.18 Crores for FY26, an increase of 27.1% from ₹2,998.61 Crores in FY25. For the quarter ended March 31, 2026, revenue grew by 59.7% year-on-year to ₹1,169.18 Crores. EBITDA for the quarter stood at ₹94.4 Crores, up 38.1% YoY, with margins expanding by 280 basis points sequentially to 8.1%. However, consolidated Profit After Tax (PAT) for FY26 declined to ₹77.35 Crores from ₹160.45 Crores in the previous year, primarily due to higher interest and depreciation expenses related to the new Punjab facility.
| Metric (₹ Cr) | Q4 FY26 | FY26 | YoY Change (%) |
|---|---|---|---|
| Revenue from Operations | 1,169.18 | 3,811.18 | 27.1% |
| EBITDA | 94.4 | 284.4 | 7.9% |
| Profit After Tax | 21.6 | 77.3 | (51.8%) |
Standalone Financial Performance
Standalone results for the year showed steady growth. Revenue from operations increased marginally by 1.4% to ₹3,037.86 Crores in FY26. Standalone PAT for the year rose 10.0% to ₹191.91 Crores. The company reported an EBITDA margin expansion of 400 basis points quarter-on-quarter in Q4, reaching 11.0%.
| Metric (₹ Cr) | Q4 FY26 | FY26 | YoY Change (%) |
|---|---|---|---|
| Revenue from Operations | 752.8 | 3,037.9 | 1.4% |
| EBITDA | 82.5 | 277.1 | 4.3% |
| Profit After Tax | 56.0 | 191.9 | 10.0% |
Operational Highlights and Guidance
Management attributed the strong Q4 performance to improved efficiency and the ramp-up of production at the Punjab facility. The Silvassa facility also sustained steady capacity utilization throughout the year. Looking ahead, the company plans to focus on doubling technical textile yarn capacity at Silvassa from 9,000 MTPA to 18,000 MTPA, followed by Phase II at Punjab and a cotton division expansion in Madhya Pradesh.
During the earnings call, management provided guidance for FY27, targeting consolidated revenue of ₹5,600 to ₹5,700 Crores and EBITDA of north of ₹500 Crores. The company expects the Punjab facility to contribute approximately ₹2,600 Crores to the top line. Net debt as of March 31, 2026, was reported at ₹1,325 Crores.
Historical Stock Returns for Sanathan Textiles
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.45% | -1.84% | -3.78% | -12.89% | -9.53% | +7.39% |
How quickly can Sanathan Textiles deleverage its ₹1,325 Crore net debt position as Punjab facility cash flows mature, and what is the expected timeline for PAT recovery to FY25 levels?
Will the planned doubling of technical textile yarn capacity at Silvassa from 9,000 to 18,000 MTPA attract premium margins compared to conventional yarn, and how does this align with India's PLI scheme for technical textiles?
Given the significant gap between standalone PAT (₹191.9 Cr) and consolidated PAT (₹77.3 Cr) in FY26, how will the Punjab subsidiary's financial performance evolve once depreciation and interest expenses normalize?


































