| Revenue growth | Revenue +15% YoY, +13.9% QoQ; cotton gains limited per management. |
|---|---|
| Margins | EBITDA margin 8.7%, up 191bps YoY and 66bps QoQ; fabric pressured. |
| Demand visibility | Domestic demand firm; export order flow disrupted; apparel demand slowing. |
| Management confidence | Balanced; hopeful Q4 recovery language, few firm numbers. |
Growth
Revenue +15% YoY, +13.9% QoQ; PAT ₹25 Cr vs ₹6 Cr; cotton trading gains mgmt says limited.
Outlook
Fabric EBITDA margin 'double-digit' targeted; ~₹400 Cr LNG Green revenue Q1 FY28; ~₹180 Cr debt repayment next FY.
Risks
Input cost pass-through lag; fabric loss-making; cotton, crystal and gas inflation; ₹11.5 Cr exceptional duty provision.
Last quarter's promises, checked
Delivered
- Guided Q2+ EBITDA ≥ ₹94 Cr/~8% → ₹116 Cr/8.7% (= BEAT)
Partly delivered
- Guided 5 lakh pcs/mo India denim JV → Spain JV 74%, ₹208 Cr phase 1, no capacity (= PARTIAL)
- Guided knit 650→900 t/mo from Q3 FY27 → ₹92 Cr capex, output unreported (= PARTIAL)
Missed
- Guided ₹500 Cr PET revenue → ~₹400 Cr from Q1 FY28 (= MISS)
- Guided fabric demand recovery → fabric loss-making, exports disrupted (= MISS)
Earnings Call Transcript filed with BSE, NSE: RSWM. Summary written with AI assistance from the document.
RSWM Ltd: key numbers
- Share price
- ₹193.02
- Market cap
- ₹909.2 Cr
- Revenue (annual)
- ₹4,554 Cr
- Net profit (annual)
- ₹52.01 Cr
- P/E (TTM)
- 11.2×Sector 47.2×
- Promoter holding
- 55.69%+0.00% QoQ
- FII holding
- 0.73%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from RSWM Ltd
All →RSWM Other Announcement
RSWM Limited filed the RTA's October 2026 report on re-lodgement of physical share transfer requests under SEBI's special window. The report shows zero requests received, processed, approved or rejected.
RSWM Acquisition Worth ₹46.24 Cr
RSWM will subscribe up to 4.62 crore shares at Rs 10 each in newly incorporated LNJ NDS9 Global, a related party, for up to Rs 46.24 crore cash. The stake and final amount remain open, and the subscription is staged over 12 months.
- Value
- ₹46.24 Cr
- Execution
- within 12 months
RSWM Employee Stock Options
RSWM Limited instituted its 2026 ESOP scheme, granting 9,70,000 options at Rs.146 exercise price. Employees may exercise them after vesting, over up to four years.
- Execution
- Exercise over a maximum of 4 years from each vesting date; vesting over 1 to 4 years from grant
RSWM Investor Presentation: Key Takeaways
Q2 FY27 standalone income ₹1,332 Cr (+14.9% YoY), EBITDA ₹116 Cr (8.7% margin), PAT ₹25 Cr. Strategy centres on RSWM 2.0 turnaround, denim garment JV and recycled PET.
RSWM Results Update
RSWM's press release shows Q2 FY27 revenue up 15% YoY and PAT rising 3.9x to ₹25 crore. Figures are unaudited for the quarter ended September 2026.
RSWM Q2 FY27 Results: Net Profit ₹25.6 Cr, Up 245.9% YoY
RSWM Ltd reported revenue from operations of ₹1,322 Cr (+14.9% YoY) and net profit of ₹25.6 Cr (+245.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹25.6 Cr · +245.9% YoY