Banswara Syntex Ltd · NSE:BANSWRAS
Banswara Syntex — Q3 FY26 Earnings Presentation
37 slides from Banswara Syntex's earnings presentation, February 2026
Slide 1: Investor Presentation
Investor Presentation Banswara Syntex Limited February 2026
Slide 2: Safe Harbor
Safe Harbor This presentation has been prepared by and is the sole responsibility of Banswara Syntex Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or in
Slide 3: Q3 & 9M FY26 Highlights
2 paswana Q3 & 9M FY26 Highlights
Slide 4: Message from Vice - Chairman
Message from Vice - Chairman Commenting on the Results, Mr. Ravindra Kumar Toshniwal, Vice - Chairman said “Q3 FY26 marked an improvement in the Company’s operating performance despite a challenging demand environment. Revenues remained broadly stable; however, a continued shift towards value-added
Slide 5: Q3 & 9M FY26 Financial Highlights
Q3 & 9MFY26 Financial Highlights Rs Cr Total Income EBITDA* PAT 10.7% 9.7% 12.2% 3.0% 2.0% 3.9% +1% +15% +30% 341.0 347.4 343.3 42.0 13.2 Q3 FY26 36.5 33.6 10.2 7.0 Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26 Q3FY26 Total Income EBITDA* PAT 8.9% 9.8% 1.7% 1.9% +14% +16% +4% 97.6 18.8 9M
Slide 6: Division-wise Matrices
Division-wise Matrices Rs. In Crs Q3FY26 Q3FY25 YoY Q2FY26 QoQ 9MFY26 9MFY25 YoY Revenue 114 113 - 112 2% 336 337 - Yarn Sales Volume (Lakh KGs) 48 51 -6% 49 -2% 148 150 -2% Capacity Utilization (%) 81% 79% 81% 77% 82% Rs. In Crs Q3FY26 Q3FY25 YoY Q2FY26 QoQ 9MFY26 9MFY25 YoY Revenue 150 151 -1% 149
Slide 7: Division-wise Performance Highlights
Division-wise Performance Highlights Yarn Yarn revenue stood at Rs 114 crore in Q3 FY26, supported by steady sales volume of 48 lakh kgs and capacity utilization of 81% Revenues remained stable despite muted demand, supported by improved realizations and a higher contribution from value-added pr
Slide 8: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement Rs. in Crs. Q3FY26 Q3FY25 Y-o-Y Q2FY26 Q-o-Q 9MFY26 9MFY25 Y-o-Y FY25 Revenue from Operations 339.7 338.6 344.6 990.0 952.2 1,291.7 Total Income: Other Income 3.7 2.4 2.9 10.3 8.7 15.8 • Total Income stood at 343.3 crs for Q3FY26 & 1,000.4 crs for 9MFY26 led by b
Slide 9: Key Balance Sheet Items
Key Balance Sheet Items Net Debt* (Rs. Crores) Debt-Equity Ratio# ▪ The net debt has increased by Rs 39.03 crore to Rs 495 0.9 495.19 crore as on 31th 456 0.8 December 2025, primarily 0.7 on account of ongoing 361 0.7 capex and working capital 347 requirements during the period ▪ Overall debt equity
Slide 10: About Us: Our Specialty is Value Added Textiles
About Us Our Specialty is Value Added Textiles
Slide 11: Our Journey
Our Journey • Commenced Operations and • Started first unit of 18 MW • Started production of Super-stretch women started Yarn production with captive thermal power plant Fabrics 12,500 spindles • Started production of Made- • Addition of additional processes to Vertical • Started Fabric Weaving unde
Slide 12: Our Global Footprint
Our Global Footprint Incorporated in the year 1976 Offering Vertically Integrated Experienced Design Teams textile solutions Europe Design Studio in Collaboration USA Japan Middle East with Italy and France 12,000+ Employees Corporate Office - Mumbai Manufacturing Plants - • Banswara, Rajasthan In H
Slide 13: Manufacturing Capabilities
Manufacturing Capabilities Manufacturing Capex Done: Capacity 9M FY26 Dyeing Unit 3,145 Tonnes / month Rs. 24.85 Crs. The Company owns YARN • ~1,57,120 Spindles Weaving- 2.5 Mn Meters/ month • 463 Looms Spinning Unit Processing- 4.0 Mn Meters/ Rs. 37.32 Crs. FABRICS month 3,32,700 Trouser/ Month Ove
Slide 14: Strategically Located Facilities
Strategically Located Facilities Quality Infrastructure connectivity through Rails, Roads and Ports ensures seamless dispatches to domestic markets and exports Easy Availability of skilled and Unskilled labour Manufacturing Facilities’ proximity to raw material suppliers ensures stable and sustainab
Slide 15: Leadership Team
Leadership Team Founded the Company in the year 1976. Masters in Textiles from Leeds University, UK. 56 years of experience in the Late Shri. Toshniwal textile industry. Founder Chairman Ex-Chairman of Rajasthan Textile Mills Association, Ex-President of Indian Spinners Association and Ex-Chairm
Slide 16: Board of Directors
Board of Directors Mr. Narendra Ambwani Mr. Rahul Mehta Mr. Ajay Sharma Independent Director Independent Director Independent Director He is an MBA (Finance) from R A Poddar Institute of He brings over 40+ years of experience in the garment Management (University of Rajasthan), ICWA (Inter) and Alum
Slide 17: Strong Professional Management Team
Strong Professional Management Team Mr. Shailendra Pandey Mr. Rahul Bhaduriya Ms. Kavita Gandhi Mr. Amit Nandwana Mr. Marazban Velati Head – Fabric Division Head – Garment Division CFO CTO CHRO MSc – Textile Graduate from NIFT Chartered Accountant He has done his MBA He has B.Tech with PGs
Slide 18: Business Divisions
Business Divisions
Slide 19: Yarn Business – The Building Block
Yarn Business – The Building Block GROWTH DRIVERS Preferred Partner for the quality Focused Customers for Synthetic Blended Yarns Multi-specialty Yarn range Integration of Banswara products into with functional features Stretch Yarns for weaving using supply chains of larger brands branded lycra and
Slide 20: Fabric Business – The Growth Engine
Fabric Business – The Growth Engine Expansion in Leveraging our Company sees favourable opportunities in Current Presence Value Added Advantages production of Comfort fabric Fabrics Worsted Stretch Fabrics Renowned player Flexibility in production due to best-in-class technology and Wool S
Slide 21: Fabric Business – Growth Plan
Fabric Business – Growth Plan Establishing a fabric brand to capitalize on the distribution network built over 3 decades Venturing into production of Knitted fabrics 01 Improved Product Mix Increasing the market share in production of high value-added Technical Fabrics Evaluation of producti
Slide 22: Garment Division – Value Addition Division
Garment Division – Value Addition Division GROWTH DRIVERS Garments is one of the fastest growing divisions in the Textile industry COMFORT GARMENTS Move towards manufacturing of Comfort One of the Largest manufacturer Strong international presence garments made from Bi Stretch/ Knitted of specialize
Slide 23: Domestic Clientele
Domestic Clientele E-Commerce Clients 23
Slide 24: International Clientele
International Clientele A Basswana jLevis | PEERLESS CLOTHING ! a . samsune | °° KOHES © MD | bermacys||JCPenney)) TARGET ce ah oe S DOUGLAS&GRAHAME| | TESCO DUNNES STORES Suburbia US [| PEERLESS That Ap Iori. kmart. 24
Slide 25: CSR Activities
CSR Activities Cleaning of lake near the garden to Creation of garden in Banswara to increase the oxygen level of the water provide locals with a means of body. This has helped in the reduction of recreation mosquitos and has brought back migratory birds Creation of a walking path of 5 KM Creation o
Slide 26: Strategic Focus and Outlook
Strategic Focus and Outlook
Slide 27: Industry expected to grow at ~11% CAGR over the next 5 years
Industry expected to grow at ~11% CAGR over the next 5 years Indian Domestic Apparels and Textiles Market (USD bn) • Domestic textile and apparel industry faced a range of challenges post 191 13 covid induced lockdowns; fall in retail sales, logistical disruptions, 10.3% manufacturing shutdown and c
Slide 28: China +1 provides huge opportunity for Indian Textiles Industry
China +1 provides huge opportunity for Indian Textiles Industry Increasing exports Increased Domestic Production India Textiles exports expected With the improvement in domestic to grow at ~11% CAGR to reach economy and increase in exports, Domestic $ 65 bn by 2026 from pre-covid Production is expec
Slide 29: Why Banswara Syntex Ltd?
Why Banswara Syntex Ltd? Modernized outlook to textiles and fashion 01 Focus on export and 40+ years of industry experience domestic markets led by a competent leadership 06 02 team Investment Rationale Consistently Lowering Debt Skilled design and marketing 05 03 teams 04 Transition to Value Added
Slide 30: Vertical Integration - A Game Changer for Banswara
Vertical Integration - A Game Changer for Banswara 01. Sustainability 02. Geographic Expansion 03. Economies of Scale 04. Improved Supply Chain Co- ordination 05. Product Specialization 06. Competitive Pricing 07. Significantly Lesser Lead Times 08. Covers All Requirements – One Stop Shop 30
Slide 31: Operational Focus
Operational Focus Improvement in Capacity Utilization Cost Optimisation Measures Increase in Value Added Products • Demand improvement across textile • Switched to grid power as thermal power cost • Structural shift in demand towards quality value chain across domestic and has increased fabrics Inte
Slide 32: Financials
Financials
Slide 33: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement Particulars (Rs. in Crores) FY25 FY24 FY23 FY22 Revenue from Operations 1,291.7 1,264.2 1,498.8 1,189.8 Other Income 15.8 17.9 14.6 17.0 Total Income 1,307.5 1,282.1 1,513.4 1,206.7 Total Expenditure Raw materials 544.6 556.0 628.8 526.9 Employee Expense 294.6 28
Slide 34: Standalone Balance Sheet
Standalone Balance Sheet Asset (Rs. in Crs) Mar-25 Mar-24 Mar-23 Mar-22 Equity & Liabilities (Rs. in Crs) Mar-25 Mar-24 Mar-23 Mar-22 Non-current assets 599.6 501.9 444.4 377.1 Equity 558.4 534.7 509.1 400.1 Property, Plant & Equipment 515.3 418.7 362.8 306.4 Equity share capital 17.1 17.1 17.1 17.1
Slide 35: Standalone Cash Flow
Standalone Cash Flow Particulars (Rs. in Crores) FY25 FY24 FY23 FY22 Operating profit before working capital changes 116.9 112.1 208.8 133.9 Changes in working capital -26.8 49.8 -145.2 -57.1 Cash generated from operations 90.1 161.9 63.6 76.8 Income Tax Refund/(Direct Taxes Paid) 11.0 16.7 43.4 22.
Slide 36: Dividend Payout History
Dividend Payout History Dividend (%)* 20% 20% 30% 30% 50% 60% 20% 20% 32.6 31.1 EPS DPS 14.2 13.7 10.3 8.5 6.3 4.9 2.5 3.0 1.0 1.0 1.5 1.5 1.0 1.0 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 The company has Consistently declared dividends Year-on-Year 36 *Dividend % has been calculated using FV Rs. 5
Slide 37: Company and Investor Relations Advisors contacts
Company: Investor Relations Advisors: Banswara Syntex Limited Strategic Growth Advisors Pvt. Ltd. CIN: L24302RJ1976PLC001684 CIN: U74140MH2010PTC204285 Ms. Kavita Gandhi Mr. Devraj Ghatge/ Ms. Brinkle Shah Jariwala secretarial@banswarasyntex.com devraj.ghatge@sgapl.net / brinkle.shah@sgapl.net +91 9