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Investor Presentation

Banswara Syntex Investor Presentation: Key Takeaways

Q1FY27 revenue rose 4.1% YoY to INR322.4Cr with PAT at INR4.4Cr. Focus remains on vertical integration and leveraging the India-U.K. FTA.

Guidance and delivery
Management target Revenue 11.0% FY27
Highlights
Revenue growth4.1% YoY in Q1; maintaining INR1,500Cr FY27 target.
MarginsQ1 EBITDA 9%; targeting 12% for full year FY27.
Order bookRobust; garment division booked through December; fabric through November.
Demand visibilityStrong for next two quarters; garments fully booked through November.
Management confidenceHigh; citing robust order books and FTA tailwinds.

Growth

Fabric revenue grew 25% YoY; Yarn revenue declined to INR96Cr due to labor shortages and internal consumption.

Outlook

Guided FY27 revenue of INR1,450-1,500Cr and 12% EBITDA margin. Planned INR140Cr capex for fabric and garments.

Risks

Labor availability in Q1, geopolitical uncertainties in West Asia affecting logistics, and seasonally softer garment demand.

Last quarter's promises, checked

Delivered

  • Guided FY26 revenue ~INR1,370Cr → delivered INR1,370Cr (= BEAT)
  • Guided FY26 EBITDA ~INR144Cr → delivered INR144Cr (= BEAT)
  • Guided Fabric/Garment revenue share >63% → delivered 66% (= BEAT)

Partly delivered

  • Guided FY27 revenue INR1,450-1,500Cr → Q1 run-rate at INR322.4Cr (= PARTIAL)
  • Guided Garment growth 18-20% → delivered -8% YoY in Q1 (= PARTIAL)
  • Guided debt reduction from FY28 → debt rose to ~INR500Cr (= PARTIAL)

Missed

  • Guided FY26 EBITDA margin 11% → delivered 10.5% in Q1FY27 (= MISS)
Source

Investor Presentation filed with NSE, NSE: BANSWRAS. Summary written with AI assistance from the document.

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Banswara Syntex Ltd: key numbers

Share price
₹108.73
Market cap
₹372.2 Cr
Revenue (annual)
₹1,356 Cr
Net profit (annual)
₹31.20 Cr
P/E (TTM)
10.0×Sector 55.7×
Promoter holding
54.19%+0.00% QoQ
FII holding
7.92%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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