Sutlej Textiles and Industries Limited has issued the notice for its 21st Annual General Meeting, scheduled for July 27, 2026, via video conferencing. The company reported its financial results for the year ended March 31, 2026, showing a significant improvement in operational performance with EBITDA rising 24.88% to ₹85.14 crore, even as it continued to report a net loss. The meeting will consider the adoption of financial statements and the ratification of the appointment of Cost Auditors, along with the appointment of Mr. Alok Ohrie as an Independent Director.

Financial Performance

The standalone financial results for FY 2025-26 highlight a turnaround in operational efficiency. EBITDA surged to ₹85.14 crore from ₹68.18 crore in the previous year, driven by improved margins. Revenue from operations stood at ₹2,565.68 crore, a marginal decline from ₹2,642.36 crore in FY 2024-25. The company reported a net loss of ₹79.85 crore for the year, narrowing from the loss of ₹84.20 crore in the prior year.

The improvement in EBITDA margins, which expanded to 3.32% from 2.58%, was supported by a steady sequential performance across quarters. Total borrowings were at ₹876 crore as of March 31, 2026, excluding subordinated debt.

AGM and Board Proposals

The 21st Annual General Meeting is scheduled for July 27, 2026, at 3.00 p.m. via video conferencing. The agenda includes the adoption of standalone and consolidated financial statements for FY 2025-26. Shareholders will vote on the ratification of the appointment of M/s. K. G. Goyal & Associates as Cost Auditors for FY 2026-27.

Shareholders will also vote on the appointment of Mr. Alok Ohrie as an Independent Director for a term of five years commencing from May 5, 2026. Mr. Ohrie, a seasoned industry leader with over three decades of experience in the IT sector, was appointed as an Additional Director on May 5, 2026. The remote e-voting period commences on July 23, 2026, and ends on July 26, 2026.

Sutlej Textiles and Industries Limited has filed its Business Responsibility and Sustainability Report for the financial year 2025-26, disclosing a reduction in greenhouse gas emission intensity alongside expanded sustainability initiatives. The company reported a total Scope 1 and Scope 2 emission intensity of 2.85 TCO2e per tonne of production, compared to 4.49 TCO2e per tonne in the previous year, driven by refined methodology including fabric production data and efficiency measures.

The filing details the company's environmental performance, including total energy consumption and waste management metrics. Sutlej Textiles reported total waste generated of 18,200.35 metric tonnes, with 16,650.74 metric tonnes recovered through recycling, reusing, or other recovery operations. The company operates three fully operational Zero Liquid Discharge plants with capacities of 1,150 KLD, 1,370 KLD, and 3,000 KLD, facilitating the recycling of 18,53,188 KL of water during the year.

Operational and Workforce Metrics

The company’s operations span five plants and eight offices nationally, with a total workforce of 15,491 comprising 1,481 employees and 14,010 workers. Women constitute 5.34% of the employee workforce and 20.80% of the worker workforce. The report indicates that 100% of permanent employees and workers are covered by Provident Fund and Gratuity benefits, while 100% of eligible personnel are covered under the Employees' State Insurance scheme.

Sustainability Targets and Governance

Sutlej Textiles has established specific ESG targets with defined timelines, aiming to reduce Scope 1 and Scope 2 greenhouse gas emission intensity by at least 30% from the FY 2024-25 baseline by FY 2029-30. The company also targets achieving 40% renewable energy share by FY 2028-29 and 100% biofuel-based boiler operations by FY 2029-30. Governance oversight is provided by the Corporate Social Responsibility Committee of the Board, comprising Ms. Deepa Kapoor, Shri Rohit Dhoot, and Shri Sameer Kaji.

Financial and Market Overview

The company’s paid-up capital stands at Rs. 16,38,28,620. It serves 11 states nationally and 63 countries internationally, with exports contributing 35% to the total turnover. The primary business activities include the manufacturing and trading of cotton, synthetic, and blended yarns, which account for 76.4% of the turnover, followed by Recycled Polyester Staple Fibre at 13.02%.