Textile and uniforms business drives 37.9% rise in annual revenue to ₹3,870 crore
Mafatlal Industries Limited has announced its financial results for the year ended March 31, 2026, reporting its highest annual performance to date.
The company posted revenue from operations of ₹3,870.4 crore for FY26, representing a 37.9% year-on-year increase. According to the company, growth was supported by execution across textile and related businesses, consumer durables, and institutional projects.
Operating EBITDA rose 33.9% year-on-year, reflecting operational efficiency improvements and growth in core business activities. The company stated that operational profitability improved during the year as EBITDA growth was primarily driven by business operations rather than non-recurring income.
According to the company, institutional orders, rising demand across uniform categories, and expansion of uniform solutions contributed significantly to FY26 performance.
The textile and related products segment, along with digital infrastructure projects, remained major growth drivers during the year. The company stated that textile and related products contributed approximately 66.2% of annual EBIT, supported by higher-margin uniform business operations.
Mafatlal Industries also highlighted expansion in digital infrastructure through education-linked institutional projects and reported an order book of approximately ₹775 crore, providing revenue visibility for the coming periods.
As part of its cost optimisation and green energy initiatives, the company commenced installation of a 4 MWp solar power plant at its Nadiad unit for captive consumption.
The Board of Directors declared and paid an interim dividend of ₹1.25 per share for FY26, representing 62.5% on the face value of ₹2 per share. The board has also recommended a final dividend of ₹1.25 per share for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting.
As of March 31, 2026, the company’s gross debt stood at ₹60.8 crore, including long-term debt of ₹33.1 crore.
Priyavrata Mafatlal said:
“FY26 has been a strong year for the company, with growth driven by our Institutional and Uniforms businesses and steady demand across textile categories.
We have focused on execution, improving our product mix, and maintaining cost discipline. With a healthy order book and stable demand visibility, we are well positioned to sustain this momentum in the coming year.”
