Mafatlal Industries Limited, a century-old leading name in Indian textiles, announced its financial results for the year ended March 31, 2026, posting its strongest-ever annual performance. The company reported INR 3,870.4 crore in revenue, driven by execution in the textile and related, consumer durables, segments.
For FY26, revenue from operations grew 37.9% YoY, led by strong execution of institutional orders, increased demand across uniform categories, and focus on deepening the uniform solutions. The company’s operating EBITDA also saw 33.9% YoY growth, reflecting improved operational efficiency.
During FY26, the company clocked a healthy improvement in operational profitability, as operating EBITDA growth outpaced / aligned with total EBITDA growth, driven primarily by operations rather than non-recurring income sources.
The company’s Textile and Related Products and Digital infrastructure segments continued to be key growth drivers, supported by large-scale orders across states, such as:
• Textile and related products contributing ~66.2% of annual EBIT, reflecting a shift towards higher-margin uniform business
• Expansion in digital infrastructure through education-led institutional projects
• Robust order book of approximately INR 775 crore, providing strong revenue visibility
• Aligned with its cost optimization strategy and initiatives towards green energy, the Company commenced installation of a 4 MWp solar power plant at its Nadiad unit for captive use
Board of Directors declared and paid an Interim Dividend of INR 1.25 per share for FY26. (i.e. 62.5% on the face value of INR 2). Further, the Board of Directors have recommended a Final Dividend of INR 1.25 per share (i.e. 62.5% on the face value of Rs. 2), for the financial year ended March 31, 2026, subject to approval of shareholders in the ensuing Annual General Meeting
As of March 31, 2026, the company’s gross debt was INR 60.8 crore, of which long-term debt was INR 33.1 crore. The company continues to maintain a healthy balance sheet.
Commenting on the performance, Mr. Priyavrata Mafatlal, Vice-Chairman of the Arvind Mafatlal Group & Managing Director of Mafatlal Industries Limited said: “FY26 has been a strong year for the company, with growth driven by our Institutional and Uniforms businesses and steady demand across textile categories.
We have focused on execution, improving our product mix, and maintaining cost discipline. With a healthy order book and stable demand visibility, we are well positioned to sustain this momentum in the coming year.”
