Textile manufacturer posts EBITDA of ₹327 Cr and PAT of ₹52 Cr in FY26 turnaround year
RSWM Ltd. announced its audited financial results for Q4 and FY26 ended 31 March 2026, reporting revenue of ₹4,554 Cr, EBITDA of ₹327 Cr, and PAT of ₹52 Cr for the financial year.
The company stated that FY26 marked a return to profitability, supported by improved operating efficiency, margin expansion, and cost management despite a challenging global demand environment.
Q4 FY26 Financial Performance
Revenue for Q4 FY26 stood at ₹1,142 Cr, reflecting sequential growth compared to ₹1,092.9 Cr in Q3 FY26. However, revenue declined year-on-year from ₹1,255.8 Cr due to softer pricing conditions, geopolitical uncertainty, and raw material price volatility.
Gross profit for Q4 FY26 was ₹433.7 Cr, with gross margins at 37.4%. EBITDA stood at ₹85.4 Cr with EBITDA margins of 7.4%, supported by controlled input costs and operating leverage.
PAT for the quarter reached ₹34.6 Cr, compared to ₹1.6 Cr in Q4 FY25.
FY26 Annual Performance
For FY26, revenue was reported at ₹4,554 Cr compared to ₹4,825.3 Cr in FY25.
Gross profit increased to ₹1,752.8 Cr, with gross margins improving to 38.1% from 35.6% in FY25.
EBITDA rose to ₹327.1 Cr from ₹232.8 Cr in FY25, while EBITDA margins improved to 7.1% from 4.8%.
The company reported PAT of ₹52 Cr for FY26 compared to a loss of ₹41.3 Cr in the previous year. According to the company, the improvement was supported by operational performance, reduced overheads, and reversal of Deferred Tax Liability following adoption of the new Income Tax Regime effective 1 April 2026.
ESOP Plan for Leadership Team
RSWM Ltd. also announced the introduction of an Employee Stock Ownership Plan (ESOP) for its senior leadership team.
Under the plan, 2% of the company’s paid-up share capital will be allocated toward ESOP coverage for around 35 leadership positions. The company stated that the initiative is intended to strengthen talent retention and align leadership interests with long-term business growth.
Riju Jhunjhunwala said the company achieved a transition from losses to profitability during FY26 through focused execution, product positioning, and cost discipline.
Rajeev Gupta stated that the textile industry continues to face geopolitical and trade-related challenges, while highlighting the company’s efforts in supply chain optimisation and market alignment.
