Bsl Ltd · NSE:BSL
Bsl — Q4 FY26 Earnings Presentation
37 slides from Bsl's earnings presentation, May 19, 2026
Slide 1: BSL Ltd. Investors' Presentation Filing Letter
BSL Ltd. EE REGD. OFFICE: Post Box No.16-17 Mandpam, Bhilwara -311001 (Rajasthan) INDIA Tel. : (91-1482) 245000 PROUDTO BE INDIAN E-mail: accounts@bslsuitings.com, Website : www.bslltd.com PFllvILEGED T0 BE GLOBAL www.bslltd.com CIN : L24302RJ1970PLC002266 REF: BSL/CS/2026-27/ Dated: 19th May, 2026
Slide 2: BSL Q4 & FY26 Investor Presentation
‘PROUD TO BE INDIAN PRIVILEGED TOBE GLOBAL YARN FABRIC FURNISHING Elegant furnishing solutions for modern living Premium fabrics woven for Quality yarns crafted with strength, style and comfort advanced technology ep Exporting to 60+ Countries Trusted Global Textile Partner NSE: BSL BSE: 514045 BSL
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by BSL Limited (the “Company”) solely for informational purposes and does not take into account the specific objectives, financial situation, or needs of any particular person. This presentation does not constitute or form part of any offer, invitation
Slide 4: Presentation Overview
| Presentation A quick overview of the key sections covered in this presentation. Financial Company Growth Management Historical Performance Profile Drivers Team Data = = a = = SL S BSL Limited | Vertically integrated Textile Manufacturer | Global 3 Solutions es www.bslltd.com | NSE:BSL | BSE:514045
Slide 5: Chairman Message
Chairman Message “ The Indian textile sector is witnessing a dynamic and challenging environment, driven by softer global demand, volatile raw material prices, elevated freight costs, and ongoing supply chain disruptions. Despite these headwinds, India is continuing to strengthen its position as a p
Slide 6: Managing Director Message
Managing Director Message “ FY26 was a year of navigating a complex and volatile business environment for the textile industry. Persistent pressure on demand across domestic and international markets, rising cotton and raw material prices, and higher freight and logistics costs driven by geopolitica
Slide 7: Financial Performance
PROUD TO BE INDIAN PRIVILEGED TO BE GLOBAL Financial Performance | Financial Statement | Q4FY26 Financial Performance FY26 Financial Performance ® _vwubstitd.com NSE: BSL BSE: 514045 Investor Presentation March 2026
Slide 8: Profit & Loss Statement
Profit & Loss Statement ₹ in Cr Quarterly Yearly Parameters Q4 FY26 Q3 FY26 QoQ Q4 FY25 YoY FY26 FY25 YoY Total Income 148.07 166.90 (11.3%) 155.55 (4.8%) 657.73 667.78 (1.5%) Raw Material Cost 88.46 90.49 94.69 378.82 393.39 Changes in Inventory (8.35) 3.59 (9.42) (3.97) (23.18) Employee Cost 24.03
Slide 9: Balance Sheet Statement
Balance Sheet Statement ₹ in Cr Assets FY26 FY25 Equity & Liabilities FY26 FY25 Non-Current Assets 251.4 235.5 Equity 119.9 119.3 Property, Plant & Equipment 228.6 216.4 Equity Share Capital 10.3 10.3 Capital Work in Progress 16.7 6.3 Other Equity 109.6 109.0 Intangible Assets 2.0 2.3 Non-Current Li
Slide 10: Q4 FY26 Financial Performance
Q4 FY26 Financial Performance ₹ in Cr Revenue Gross Profit EBITDA PAT 167 156 148 73 70 68 13 13 10 1.2 45.2% 43.6% 45.9% 8.0% 7.9% 7.0% 0.3 (1.0) 0.2% 0.7% (0.7%) Q4 FY25 Q3 FY26 Q4 FY26 Q4 FY25 Q3 FY26 Q4 FY26 Q4 FY25 Q3 FY26 Q4 FY26 Q4 FY25 Q3 FY26 Q4 FY26 9
Slide 11: Q4 FY26 Segmental Financial Performance
Q4 FY26 Segmental Financial Performance ₹ 4 Cr ₹ 1 Cr ₹ 7 Cr ₹ 8 Cr ₹ 7 Cr ₹ 15 Cr ₹ 12 Cr ₹ 19 Cr ₹ 48 Cr ₹ 58 Cr Cotton Fabric ₹ 58 Cr Others Furnishing Fabric Yarn ₹ 79 Cr ₹ 76 Cr ₹ 79 Cr Q4 FY25 Q3 FY26 Q4 FY26 Note: Cotton Fabric business commenced in October 2025 10
Slide 12: FY26 Financial Performance
FY26 Financial Performance ₹ in Cr Revenue Gross Profit EBITDA PAT 667 657 298 283 60 50 8.2 44.6% 43.0% 9.0% 7.6% 2.4 1.2% 0.4% FY25 FY26 FY25 FY26 FY25 FY26 FY25 FY26 11
Slide 13: FY26 Segmental Financial Performance
FY26 Segmental Financial Performance ₹ 7 Cr ₹ 31 Cr ₹ 28 Cr ₹ 29 Cr ₹ 77 Cr ₹ 80 Cr ₹ 72 Cr ₹ 225 Cr Cotton Fabric ₹ 261 Cr ₹ 244 Cr Others Furnishing Fabric Yarn ₹ 315 Cr ₹ 324 Cr ₹ 298 Cr FY24 FY25 FY26 Note: Cotton Fabric business commenced in October 2025 12
Slide 14: Company Profile
ao NE a ig PROUD TO BE INDIAN PRIVILEGED TO BE GLOBAL About Us Milestones Business Verticals Strong Parentage @_wowbsittd.com NSE: BSL BSE: 514045 Investor Presentation March 2026
Slide 15: About Us
| About B Integrated Textile Manufacturer With Global Presence Since 1971 BSL Limited is one of India’s leading vertically integrated textile companies engaged in the manufacturing of premium fabrics, yarns, and textile solutions. Established in 1971 and headquartered in Bhilwara, Rajasthan, the Com
Slide 16: About Us: Installed Capacity and Operational Strength
BSL Limited Installed C. ity B Operational Strength ~20 Mn meters annual fabric manufacturing capacity Vertically integrated operations driving scale efficiencies Focus on premium and value-added textile products Continuous modernization and technology enhancement initiatives Sustainability & Green
Slide 17: BSL's Milestones
BSL’s Milestone The company took a decisive step to venture into Converted into a furnishing fabrics, and over Incorporated under Public Limited the last decade or more, this the name of Company under the has been the biggest key “Raj General Udyog name of “Bhilwara growth driver for the Private Lim
Slide 18: Yarn Business Vertical
Yarn Business Vertical The Highest Quality Fabrics Begin with Yarn that comes from a State-of-the-art Manufacturing Facility. Made of different materials, colour patterns, gauges, and weights, our yarns are a Testament to World-class Quality and Craftsmanship. POLY WOOL YARN COTTON YARN Poly Wool an
Slide 19: Suiting Business Vertical
Suiting Business Vertical BSL Limited provides the finest premium suiting fabrics for both domestic and export markets TR FABRICS PW FABRICS PV FABRICS 18
Slide 20: Furnishing Business Vertical
Furnishing Business Vertical The New Benchmark From Soft Furnishing Fabrics To Upholstery Fabrics & Exquisite Silk Fabrics, offering a wide range of Premium Furnishing solutions. FURNITURE CURTAINS Furnishing Fabrics SILK FABRIC 19
Slide 21: Strong Parentage
Strong Parentage TEXTILES POWER CONSULTANCY ▪ BSL Limited ▪ Indo Canadian Consultancy Services Limited ▪ Maral Overseas Limited ▪ RSWM Limited ▪ Bhilwara Technical Textiles Limited ▪ BMD Private Limited HIGHLIGHTS ELECTRODES ▪ 5 Group companies listed on the Stock ▪ HEG Limited Exchanges. ▪ Producti
Slide 22: Corporate Governance
B ‘eo =| Governance SOCIAL COMMITMENT & COMMUNITY DEVELOPMENT People Partnership - ; z Respect, well-being Collaborating CSR activities integrated with overall corporate objectives ‘and development for inclusive and long-term business strategy of communities, growth Active participation in social, c
Slide 23: Growth Drivers
G2 PROUD TO BE INDIAN PRIVILEGED TO BE GLOBAL Growth Drivers | Growth Driving Factors Sustainability Initiatives @® wwwdsiitd.com NSE: BSL BSE: 514045 Investor Presentation March 2026
Slide 24: Growth Driving Factors: Export Opportunity and Tailwinds
ree [o) BSL Limited | Growth a1 Driving Factors EXPORT OPPORTUNITY & GLOBAL MARKET DIVERSIFICATION India—UK FTA expected to improve market access and reduce tariff barriers for Indian textile exporters. Ongoing India—EU FTA discussions likely to enhance export competitiveness versus China, Vietnam,
Slide 25: Growth Driving Factors: Margin, Integration, Premiumisation
7 Growth \ B ‘eo = Driving Factors MARGIN IMPROVEMENT & INTEGRATED TEXTILE OPERATIONAL EFFICIENCY MANUFACTURING ADVANTAGE A [ol PREMIUMISATION & VALUE-ADDED PRODUCTS across spinning, weaving, processing, 7 ‘ 5 al ((: operational discipline, and process and furnishing solutions. A Continued focus on
Slide 26: Sustainability Initiatives
Sustainability Initiatives 25
Slide 27: Management Team
PROUD TO BE INDIAN PRIVILEGED TO BE GLOBAL e Management Team | Management Team | Board Members | Our Achievements f @® _wowdsiitd.com NSE: BSL BSE: 514045 Investor Presentation March 2026
Slide 28: Management Team
Lo | Management B =| Team Shri Arun Churiwal Shri Nivedan Churiwal Shri Praveen Jain Chairman Managing Director Director (Operations) & CFO iam 49+ Years Experience & 29+ Years Experience am 39+ Years Experience BSL Limited | vertically integrated Textile Manufacturer | Global Furnishing Solutions w
Slide 29: Board Members
| Board Members B oe, vw Shri Arun Churiwal Shri Praveen Jain | Shri Nivedan Churiwal Chairman | Managing Director CFO & Director | (Operations) B.A. (Hons.) B.Com F.C.A., F.C.S., F.C.M.A. Shri Jagdish Chandra Laddha Independent Director F.C.A. (Hons.) Shri Ravi Jhunjhunwala Non-Executive Non-Indepe
Slide 30: Our Achievements
| Our ~~ B , Achievements ~ ®eecoc8 0 COR ECOM ECE ECE ECOG? Best Overall Best Overall Best Overall Best Overall Overall Export Best Overall Export Performance - Export Performance - Export Performance - Export Performance - Performance in the Export Performance - Export of fabrics to Export of Expo
Slide 31: Historical Data
ao NE a ig PROUD TO BE INDIAN PRIVILEGED TO BE GLOBAL we Historical Data Segmental Financial Performance Financial Data @_wowbsittd.com NSE: BSL BSE: 514045 Investor Presentation March 2026
Slide 32: Historical Segmental Financial Performance
Historical Segmental Financial Performance 0% 0% 1% 4% 4% 5% 12% 12% 11% Cotton Fabric 39% 37% 34% Others Furnishing Fabric Yarn 47% 49% 45% FY24 FY25 FY26 Note: Cotton Fabric business commenced in October 2025 31
Slide 33: Historical Financial Performance
Historical Financial Performance ₹ in Cr Revenue Gross Profit EBITDA 666 667 657 295 298 283 66 251 60 472 436 226 52 50 41 51.6% 53.0% 44.2% 44.6% 43.0% 9.5% 11.1% 9.9% 9.0% 7.6% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 32
Slide 34: Historical Financial Performance
Historical Financial Performance ₹ in Cr PBDT PBT PAT 33 33 29 28 23 17 20 16 15 11 11 7.1% 11 6.3% 8 5.0% 4.3% 3.0% 3.7% 4.8% 3 3.6% 2 2.2% 1.6% 2.6% 1.7% 1.2% 0.4% 0.4% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 33
Slide 35: Historical Financial Performance
Historical Financial Performance ROCE RONW Fixed Asset Coverage Ratio (x) 16.3% 12.9% 10.9% 10.0% 1.5 9.7% 1.4 1.4 8.7% 1.3 1.3 7.9% 6.8% 5.9% 2.0% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 34
Slide 36: Historical Financial Performance
Historical Financial Performance ₹ in Cr Net Working Capital Net Debt Net Debt to Equity(x) 437 439 421 3.9 3.7 346 3.5 3.3 46 38 39 36 2.1 186 22 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 35
Slide 37: Thank You
THANK YOU PROUD TO BE INDIAN PRIVILEGED TO BE GLOBA GET IN TOUCH WITH US = — _ BSL Limited Pung berentomerow te Vertically Integrated Textile Manufacturing Since 1971 innovation, quality and sustainability. Delivering excellence to the world. Presence in State-of-the-art Quality | Innovation Global