spunweb nonwoven has confirmed that its promoters and promoter group did not create any encumbrance on shares during the financial year 2025-2026. The company submitted the annual disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, to the National Stock Exchange of India Limited on April 4, 2026. This filing provides shareholders with transparency regarding the pledging or hypothecation of shares by key stakeholders.

The disclosure, signed by Kishan Kagathara on behalf of all promoters, explicitly states that no encumbrance was made or created directly or indirectly at any time during the financial year. The submission covers all individuals and entities belonging to the promoter and promoter group, including those acting in concert. The compliance officer for the filing was Romit Ajaykumar Shah, who serves as the Company Secretary and Compliance Officer for Spunweb Nonwoven Limited.

Promoter and Promoter Group Details

The filing included a comprehensive list of individuals and entities classified as promoters or part of the promoter group. The list comprises 28 members, ranging from individual promoters to various private limited companies, LLPs, and trusts.

The absence of encumbrances indicates that the promoters have not utilized their shareholding as collateral for loans or other financial obligations during the specified period. This disclosure is a mandatory requirement under SEBI regulations to ensure that the market is informed about any changes in the shareholding structure that could affect the company's ownership or control.

Spunweb Nonwoven Limited reported a strong financial performance for the year ended March 31, 2026, with significant growth in revenue and profitability on a consolidated basis. The company's Board of Directors approved the audited standalone and consolidated financial results on May 15, 2026. Following the results announcement, management held a post-earnings conference call on May 16, 2026, to discuss the business outlook and operational highlights. The recording of this conference call is now available on the company's website.

Consolidated Financial Performance

Spunweb Nonwoven delivered robust growth on a consolidated basis for FY26. Revenue from operations increased by 22.22% year-on-year to ₹32,448.22 lakhs, up from ₹22,559.06 lakhs in the previous year. Net profit more than doubled, rising by 54.73% to ₹2,306.80 lakhs compared to ₹1,079.22 lakhs in FY25. The company reported an EBITDA of ₹55.98 crores, an increase of 39.80%, with margins expanding by 149 basis points to 7.11%. Basic and Diluted EPS for the year stood at ₹10.37, up from ₹6.28 in the prior year.

The following table summarises the consolidated income statement highlights:

Total expenses for FY26 amounted to ₹29,278.28 lakhs. Key components included cost of materials consumed at ₹23,244.12 lakhs, finance costs of ₹1,149.46 lakhs, and depreciation and amortisation of ₹1,278.90 lakhs.

Standalone Financial Performance

On a standalone basis, the company recorded revenue from operations of ₹24,321.08 lakhs for FY26, compared to ₹20,882.88 lakhs in FY25. Net profit for the year grew to ₹1,593.09 lakhs from ₹880.66 lakhs in the previous year. Basic and Diluted EPS increased to ₹7.16 from ₹5.12.

Operational Highlights and Outlook

During the post-earnings conference call, management highlighted that the hygiene sector remained the largest vertical, contributing over 50% of the revenue, followed by packaging and medical applications. The company commissioned a 3.2-meter single S line and a 1.6-meter single S production line during the year, which are expected to contribute approximately ₹80 to ₹85 crores in revenue annually. Additionally, a 6.5 MW ground-mounted solar power plant was commissioned to reduce long-term power costs.

Management stated that the new lines are dedicated to the packaging sector, which offers medium margins, while the hygiene sector provides higher margins. The company aims to reach 80-85% capacity utilization for the new lines within one to one and a half years. Regarding raw material costs, management noted that volatility in polypropylene prices is passed directly to customers, mitigating margin impact.

Balance Sheet and Cash Flow

The consolidated balance sheet as of March 31, 2026, shows total assets of ₹25,414.43 lakhs, up from ₹18,258.17 lakhs in the previous year. Shareholders' funds rose to ₹12,310.19 lakhs from ₹4,504.94 lakhs. Long-term borrowings decreased to ₹2,848.08 lakhs from ₹3,684.46 lakhs. On a standalone basis, total assets stood at ₹18,430.45 lakhs, with shareholders' funds rising to ₹11,485.75 lakhs.

On a consolidated basis, net cash generated from operating activities was ₹285.11 lakhs. Financing activities generated net cash of ₹3,044.04 lakhs, supported by proceeds from the issue of share capital amounting to ₹5,578.00 lakhs.