Banswara Syntex Ltd · NSE:BANSWRAS
Banswara Syntex — Q2 FY27 Earnings Presentation
41 slides from Banswara Syntex's earnings presentation, Nov 2, 2026
Slide 1: Investor Presentation
Investor Presentation Banswara Syntex Limited November 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: Q2FY27 Highlights
2 paswana Q2FY27 Highlights
Slide 4: Message from Vice – Chairman
Message from Vice – Chairman Commenting on the Results, Mr. Ravindra Kumar Toshniwal, Vice - Chairman said "We are pleased to share our Q2 and H1 FY27 performance, reflecting steady progress across our business operations. For Q2 FY27, Total Income stood at Rs.358.4 crore, with EBITDA of Rs.36.5 cro
Slide 5: Q2 & H1FY27 Financial Highlights
Q2 & H1FY27 Financial Highlights Rs Cr Total Income EBITDA* PAT 9.7% 10.2% 2.0 % 2.3% 358.4 36.5 8.1 Q2 FY27 347.4 33.6 7.0 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Total Income EBITDA* PAT 8.5% 9.7% 0.8 % 1.8% 66.0 12.5 H1 FY27 657.1 680.8 55.5 5.6 *includes other income & Excludes OCI H1 FY26 H1
Slide 6: Yarn Division
Yarn Division Rs. In Crs Q2FY27 Q2FY26 YoY Q1FY27 QoQ H1FY27 H1FY26 YoY Revenue 103 112 -8% 96 7% 199 222 -10% Sales Volume (Lakh KGs) 37 49 -24% 36 3% 74 100 -26% Capacity Utilization (%) 84% 81% 70% 77% 75% ▪ The Yarn Division recorded revenue of Rs. 103 crore in Q2 FY27 and Rs. 199 crore in H1 FY
Slide 7: Fabric Division
Fabric Division Rs. In Crs Q2FY27 Q2FY26 YoY Q1FY27 QoQ H1FY27 H1FY26 YoY Revenue 157 149 5% 147 7% 303 266 14% Sales Volume (Lakh Mtrs) 58 59 -2% 59 -1% 118 109 8% Capacity Utilization (%) 82% 77% 80% 81% 73% ▪ The Fabric Division recorded revenue of Rs. 157 crore in Q2 FY27 and Rs. 303 crore in H1
Slide 8: Garment Division
Garment Division Rs. In Crs Q2FY27 Q2FY26 YoY Q1FY27 QoQ H1FY27 H1FY26 YoY Revenue 90 80 13% 69 30% 160 155 3% Sales Volume (Lakh Pcs) 10 11 -5% 8 34% 18 20 -10% Capacity Utilization (%) 78% 78% 69% 74% 78% ▪ The Garment Division recorded revenue of Rs.90 crore in Q2 FY27, up 13% YoY and 30% QoQ, wi
Slide 9: FY27: Road Ahead
FY27: Road Ahead Revenue# Revenue Breakup EBITDA* 9% 10.5% 10.5% - 11% 1,450 – 1,500 1,370 144 153 - 165 1,308 117 21% 24% 26% 55% 52% 53% 42% 42% 43% 47% 48% 45% 36% 33% 30% 1% 1% 1% FY25 FY26 FY27E FY25 FY26 FY27E FY25 FY26 FY27E H1 H2 Garment Fabric Yarn Other Target is to increase revenue contri
Slide 10: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement Rs. in Crs. Q2FY27 Q2FY26 Y-o-Y Q1FY27 Q-o-Q H1FY27 H1FY26 Y-o-Y FY26 Revenue from Operations 354.5 344.6 315.8 670.3 650.4 1355.8 Other Income 3.9 2.9 6.6 10.5 6.7 13.9 Total Income 358.4 347.4 3.1% 322.4 11.2% 680.8 657.1 3.6% 1369.7 Total Expenditure Total Inc
Slide 11: Standalone Balance Sheet
Standalone Balance Sheet Asset (Rs. in Crs) Sep-26 Mar-26 Equity & Liabilities (Rs. in Crs) Sep-26 Mar-26 Non-current assets 665.2 646.5 Equity 590.2 581.1 Property, Plant & Equipment 552.6 550.6 Equity share capital 17.1 17.1 Right of use assets 3.7 4.2 other equity 573.0 564.0 Capital Work in prog
Slide 12: Standalone Cash Flow
Standalone Cash Flow (Rs. in Crores) Sep-26 Mar-26 Operating profit before working capital changes 58.7 136.3 Changes in working capital -24.8 -7.3 Cash generated from operations 33.9 129.0 Income Tax Refund/(Direct Taxes Paid) 9.2 8.2 Net Cash from Operating Activities (A) 24.7 120.8 Net Cash from
Slide 13: Dividend Payout History
Dividend Payout History Dividend (%)* 20% 30% 30% 50% 60% 20% 20% 20% 32.6 31.1 EPS DPS 14.2 13.7 10.3 8.5 8.3 6.3 2.5 3.0 1.0 1.5 1.5 1.0 1.0 1.0 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 The company has Consistently declared dividends Year-on-Year 13 *Dividend % has been calculated using FV Rs. 5
Slide 14: Key Balance Sheet Items
Key Balance Sheet Items Net Debt* (Rs. Crores) Debt-Equity Ratio# ▪ The net debt has increased by Rs 43.28 crore to Rs 515.66 crore as on 30th 483 0.8 0.8 September 2026 456 0.7 ▪ Overall debt equity ratio 0.7 stood at 0.8x as on 30th 361 347 September 2026 Mar-23 Mar-24 Mar-25 Mar-26 Mar-23 Mar-24
Slide 15: About Us
About Us Our Specialty is Value Added Textiles
Slide 16: 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 17: 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 18: Manufacturing Capabilities
Manufacturing Capabilities Manufacturing Capex Done: Capacity Q2 FY27 Dyeing Unit 2,726 Tonnes / month Rs. 10.29 Crs. The Company owns YARN • ~1,56,880 Spindles Weaving- 2.5 Mn Meters/ month • 463 Looms Spinning Unit Processing- 3.0 Mn Meters/ Rs. 1.75 Crs. FABRICS month Over Rs.969 crores 3,45,160
Slide 19: 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 20: 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 21: Board of Directors
Board of Directors Mr. Rahul Mehta Mr. Ajay Sharma Independent Director Independent Director He is an MBA (Finance) from R A Poddar Institute of Management He brings over 41+ years of experience in the garment industry and (University of Rajasthan), ICWA (Inter) and CAIIB from Indian holds an MBA fr
Slide 22: Strong Professional Management Team
Strong Professional Management Team Mr. B.C Kaushik Mr. Shailendra Pandey Mr. Rahul Bhaduriya Ms. Kavita Gandhi Mr. Indrajeet Sukate Head – Yarn Division Head – Fabric Division Head – Garment Division CFO CHRO B.Sc. from MDU, MSc – Textile Graduate from NIFT Chartered Accountant He holds a
Slide 23: Business Divisions
Business Divisions
Slide 24: 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 25: 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 26: 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 27: 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 28: Domestic Clientele
Domestic Clientele E-Commerce Clients 28 The Brand Names and Logos mentioned are the property of their respective companies and are used here for identification purposes only
Slide 29: International Clientele
International Clientele 29 The Brand Names and Logos mentioned are the property of their respective companies and are used here for identification purposes only
Slide 30: CSR Activities
CSR Activities RL Toshniwal Udyan Police Lines Library Continued development and maintenance of RL Constructed a library at Police Lines, Banswara, Toshniwal Udyan through landscaping, under the education infrastructure CSR initiative, infrastructure enhancement, plantation, and creating a knowledge
Slide 31: Strategic Focus and Outlook
Strategic Focus and Outlook
Slide 32: Growth Outlook for India’s Textile & Apparel Sector
Growth Outlook for India’s Textile & Apparel Sector Domestic Textile & Apparel Industry in India (USD bn) 250 • India is the world’s second-largest textile producer and sixth-largest exporter, holding a 4.6% share in global textile and apparel trade 160 125 • In FY25, the sector contributed 2.3% to
Slide 33: 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 34: 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 35: 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 35
Slide 36: 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 37: Financials
Financials
Slide 38: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement Particulars (Rs. in Crores) FY26 FY25 FY24 FY23 Revenue from Operations 1,355.8 1,291.7 1,264.2 1,498.8 Other Income 13.9 15.8 17.9 14.6 Total Income 1,369.7 1,307.5 1,282.1 1,513.4 Total Expenditure Raw materials 572.3 544.6 556.0 628.8 Employee Expense 320.2 29
Slide 39: Standalone Balance Sheet
Standalone Balance Sheet Asset (Rs. in Crs) Mar-26 Mar-25 Mar-24 Mar-23 Equity & Liabilities (Rs. in Crs) Mar-26 Mar-25 Mar-24 Mar-23 Non-current assets 646.5 599.6 501.9 444.4 Equity 581.1 558.4 534.7 509.1 Property, Plant & Equipment 550.6 515.3 418.7 362.8 Equity share capital 17.1 17.1 17.1 17.1
Slide 40: Standalone Cash Flow
Standalone Cash Flow Particulars (Rs. in Crores) FY26 FY25 FY24 FY23 Operating profit before working capital changes 136.3 116.9 112.1 208.8 Changes in working capital -7.3 -26.8 49.8 -145.2 Cash generated from operations 129.0 90.1 161.9 63.6 Income Tax Refund/(Direct Taxes Paid) 8.2 11.0 16.7 43.4
Slide 41: Investor Relations Contacts
Company: Investor Relations Advisors: Banswara Syntex Limited Strategic Growth Advisors Pvt. Ltd. CIN: L24302RJ1976PLC001684 CIN: U74140MH2010PTC204285 Ms. Kavita Gandhi Mr. Devraj Ghatge/ Mr. Rahul Agarwal [email protected] [email protected]/[email protected] +91 9168723907