Raj Rayon Industries Limited · NSE:RAJRILTD
Raj Rayon Industries — Q1 FY2027 Earnings Presentation
38 slides from Raj Rayon Industries's earnings presentation, June 2026
Slide 1: Raj Rayon Industries Limited Investor Presentation
POY DTY FDY CHIPS Raj Rayon BASE YARN VALUE ADDED VALUE ADDED BY PRODUCT PRODUCTS PRODUCTS Industries Limited Investor Presentation June 2026
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Raj Rayon Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 3: Company Overview
Company Overview 3
Slide 4: Company Snapshot
Company Snapshot Revived under Established Plant Location SVG Group 1993 Oct 2021 Silvassa MFG Land Area CAPEX (over next 2 years) 25 acres Rs. 650 Crores Installed Capacity (In TPD) Products +13% p.a. 477 Polyester Chips POY 391 371 DTY Specialty Yarns FY24 FY25 FY26 4
Slide 5: Our Journey
Our Journey 1993 2018 2021–2022 FY24 FY26 Raj Rayon Industries Production at the Intensive modernisation of First full year of Third consecutive capacity Limited established at Silvassa plant comes to plant infrastructure. operations. First capacity expansion completed and Silvassa. Specialises in a
Slide 6: SVG Ecosystem & Vertical Integration
SVG Ecosystem & Vertical Integration Vertical Integration Value Proposition Established 1984. India's leading vertically integrated producer of polyester knits, converting fibre to fully stitched garments. Captive Demand: RRIL’s upstream operations support SVG’s downstream business, ensuring stable
Slide 7: SVG Group – The Value Chain
SVG Group – The Value Chain The Highlighted stages represent the process owned and operated by Raj Rayon Industries Ltd 7
Slide 8: SVG Takeover of RRIL — Transaction Structure
SVG Takeover of RRIL — Transaction Structure 2021 2022–23 FY24–FY27 How SVG Funded the Acquisition Bank Debt Raised Post Acquisition Debt Retirement as Revenues Scaled SVG Capital Infusion Term Loans Debt Evolution vs Revenue Growth Equity (Share Capital) Rs 54.9 Cr Bank of Baroda Rs 185 Cr Year Ter
Slide 9: RRIL’s Credit Rating Journey
RRIL’s Credit Rating Journey IND BBB+ / Stable • Linkages with Strong Parent • Strong Credit Metrics; Likely to Improve Further in Medium Term • Liquidity Indicator — Adequate IND D (Issuer Not Cooperating) • Successful Turnaround of • Production at the Silvassa Operations 2025 plant was halted as t
Slide 10: Products & Manufacturing Process Flow
Products & Manufacturing Process Flow Products Capacity (in TPD) Polyester Chips: +75% +86% The base polymer product, made through continuous melt polymerisation of PTA and MEG. Used as feedstock by other yarn manufacturers. Lower- margin product; RRIL uses polymer internally for POY/DTY production
Slide 11: Manufacturing Infrastructure
Manufacturing Infrastructure • 25 acres land manufacturing plant strategically located in the scenic region of Silvassa • Supplies polyester filament yarn throughout India • Comprehensive R&D facilities for spinning and texturizing • State-of-the-art equipment for polymer and yarn testing 11
Slide 12: Board of Directors
Board of Directors Mr. Rajkumar Mr. Sandiip Ms. Sapna Ms. Supriya Mr. Vinodkumar Mr. Kailashnath Satyanarayan Satyanarayan Rajkumar Mahesh Pujari Bajranglal Dalmia Jeevan Koppikar Agarwal Agarwwal Agarwal Whole-Time Non-Executive, Non-Executive, Non-Executive, Non-Executive, Chairman Director & CFO
Slide 13: Corporate Videos
Corporate Videos 01 RRIL Transformation Film 01 RRIL Corporate Film 02 SVG Fashions Corporate Film A corporate film presenting SVG Fashions — From abandonment to ambition — this film A corporate film on Raj Rayon Industries India's leading vertically integrated producer of captures the transformatio
Slide 14: Business Model
Business Model 14
Slide 15: Revenue Model
Revenue Model Primary revenue Pricing Pricing Sales Customer Export Working streams mechanism Premium channels base revenues capital cycle RRIL operates a structurally POY (largest), RRIL prices RRIL commands Primarily through 3,500+ customers RRIL plans to negative working capital DTY (growing), pr
Slide 16: Input Cost Dynamics
Input Cost Dynamics Location Advantage Price Trend Primary raw materials Purified Terephthalic Acid Western region (Gujarat / PTA and MEG prices have (PTA) and Mono Ethylene witnessed declining trend Maharashtra) produces ~70– driven by China oversupply. Glycol (MEG) — together 73% of India's PTA an
Slide 17: Structural Advantages
Structural Advantages Strong Management Pedigree SVG Group founded in 1984 has more than four decades of experience in continuous textile operation through multiple cycles and disruptions. Promoters have full domain expertise across the complete value chain Complete Value Chain with an established t
Slide 18: Growth Strategy
Growth Strategy 18
Slide 19: Growth Drivers
Growth Drivers Athleisure Boom Automotive Industry Expansion The post-COVID shift to fitness and Growing vehicle production and rising performance wear has structurally polyester content per vehicle — for elevated global demand for polyester, airbags, seatbelts, headliners, carpets which is the domi
Slide 20: Capacity Expansion Plan
Capacity Expansion Plan INCREMENTAL CAPACITY ADDITION 300 TPD 50 TPD ~ 10 TPD Polyester yarn Recycled Polyester Fabrics yarn (commencement in Q3FY27) POST EXPANSION TOTAL CAPACITY ~700 ++ TPD Polyester yarn / Recycled Polyester yarn / Fabrics Rs. 650 Cr Phase II Expansion PEAK REVENUE POTENTIAL At o
Slide 21: Identifiable Margin Levers
Identifiable Margin Levers Operating leverage 01 Fixed costs spread over ~75% more production volume as polymerisation scales 400 to 700++ TPD — fixed cost per kg produced falls proportionately. Product mix shift towards Value added dope dyed DTY yarns and Fabrics 02 As DTY capacity grows from 150 t
Slide 22: Sustainability Measures
Sustainability Measures RAJ RAYON FOCUSED INITIATIVES (PHASE II) SVG GROUP'S PROVEN SUSTAINABILITY PLATFORM Building our sustainable manufacturing platform to create long-term PET Bottles value. Collection PROVEN EXPERIENCE Internalisation of 50 TPD 30-40% Recycled Yarn Production 20+ Years 300 Mill
Slide 23: RRIL at Inflection Point
RRIL at Inflection Point A Verified Turnaround — Three Consecutive Expansions The Margin Story Is Entirely Ahead Revenue from Rs. 137 Crore in FY23 to Rs Operating leverage, DTY, Fabrics and niche 1,150 Crore in FY26. From NCLT insolvency to products mix shift, specialty products and 3,500+ customer
Slide 24: Industry Overview
Industry Overview 24
Slide 25: Indian Textile Market
Indian Textile Market INR bn 7,666 9,115 12,300 -12,400 71-73% Indian Textile & Apparel Market Domestic 65% 68% to Grow at 6%–7% by FY28 Export 35% 32% 27%-29% FY19 FY23 FY 28P Market Growth led by various Domestic Fibre Consumption Drivers: Economic Factors MMF/ Capita 22.5 60% (Kg/Capita) • Increa
Slide 26: Polyester Yarn Industry
Polyester Yarn Industry PSF + PFY Domestic Demand is in the range of ~5.0 mn.t Annually Polyester yarn market in India is ~Rs 550bn PFY (Polyester filament yarn) PSF (Polyester staple fiber) ‘000 tonne ‘000 tonne 3712 3805 1620 3630 1477 1307 3070 3340 1350 3288 1053 1275 642 342 465 254 202 270 FY1
Slide 27: Quarterly Financial Highlights
Quarterly Financial Highlights 27
Slide 28: Management Commentary
Management Commentary "Q1 FY27 was a volatile quarter due to supply chain related disruption in the crude value chain. This volatility impacted our sales performance. We utilized this disruption to implement a long-pending de- bottlenecking exercise to enhance our polymerization capacity from 350 TP
Slide 29: Financial Highlights – Q1FY27
Financial Highlights – Q1FY27 Rs. in crore Revenue EBITDA & Margin (%) PAT & Margin (%) -21% +13% +13% 17 7 260 15 6 204 5.9% 8.4% 2.3% 3.4% Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Production (in ‘000 MT) Sales (in ‘000 MT) Capacity Utilization -45% -38% 90% 37.48 28.33 17.43 46% 20.62 Q1FY26 Q1FY
Slide 30: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs. Crores) Q1FY27 Q1FY26 YoY Q4FY26 QoQ Revenue from Operations 204.5 260.2 -21.4% 294.8 -30.6% Raw Material 152.4 204.2 231.3 Gross Profit 52.0 56.0 -7.1% 63.5 -18.0% Gross Profit Margin 25.4% 21.5% 21.5% Employee Cost 3.9 3.5 4.5 Other Expenses 30.8 37.2 42.8
Slide 31: Historical Financial Highlights
Historical Financial Highlights 31
Slide 32: Historical Financial Highlights
Historical Financial Highlights Rs. in crore Revenue EBITDA & Margin (%) PAT & Margin (%) 34 +105% p.a. 1180 64 +228% 14 849 4 745 0.5% 1.6% 2.9% 27 30 137 1.3% 3.7% 3.5% 5.4% 2 -12 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Production (in ’000 MT) Sales (in ’000 MT) Capacity Utiliz
Slide 33: Historical Financial Highlights - Segmental
Historical Financial Highlights - Segmental Revenue (Rs. in Cr) Installed Capacity (in ’000 MT) Capacity Utilization (%) 174.00 1179 14.00 142.66 99% 111 135.50 66% 50% 45% 848 32.00 756 45.00 120 117.00 672 94% 92% 94% 97% 225 395 77.00 57.50 237 27.90 134 84% 87% 91% 88% 294 333 396 15.00 43.00 53
Slide 34: Historical Financial Highlights
Historical Financial Highlights ROCE ROE Debt to Equity 21.7 1.9 16.2 12.1 3.8 1.6 11.0 1.2 1.2 8.9 0.5 -44.3 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Asset Turnover Working Capital Days 3.6 3.6 40 2.8 20 1 0.9 -26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26* * Working Capital Days tu
Slide 35: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs. Crores) FY26 FY25 FY24 FY23 Revenue from Operations 1,179.7 849.4 745.2 137.2 Raw Material 934.2 692.5 599.2 109.3 Gross Profit 245.5 156.9 145.9 28.0 Gross Profit Margin 20.8% 18.5% 19.6% 20.4% Employee Cost 16.2 12.0 11.5 2.0 Other Expenses 165.6 115.4 107.
Slide 36: Balance Sheet
Balance Sheet ASSETS (Rs. Crores) Mar-26 Mar-25 Mar-24 Mar-23 EQUITY AND LIABILITIES (Rs. Crores) Mar-26 Mar-25 Mar-24 Mar-23 Non-current assets Equity Property, plant and equipment 342.4 212.4 218.7 138.4 Equity Share capital 55.6 55.6 55.6 55.6 Capital work-in-progress 0.9 101.5 2.8 7.9 Instrument
Slide 37: Cash Flow Statement
Cash Flow Statement Particulars (Rs. Crores) Mar-26 Mar-25 Mar-24 Mar-23 Net Profit Before Tax 32.3 8.3 9.9 -12.5 Adjustments for: Non Cash Items / Other Investment or Financial Items 33.7 24.7 25.5 14.6 Operating profit before working capital changes 66.0 33.0 35.4 2.1 Changes in working capital 53
Slide 38: Thank You
Thank You Company Investor Relations Advisors Raj Rayon Industries Limited CIN: L17120DN1993PLC000368 CIN: U74140MH2010PTC204285 Ms. Riddhi Shah Mr. Dhruv Shah / Ms. Drashti Shah Consulting Company Secretary +91 84337 10056 / +91 87672 24443 investors@rajrayon.com dhruv.shah@sgapl.net / drashti.shah
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