RSWM Ltd., one of India’s leading manufacturers of value-added synthetic, mélange, cotton and blended yarns, denim fabric, knitted fabric and green polyester fibre, today announced its audited financial results for Q4 and FY26, ended 31st March 2026.
Despite a challenging demand environment, the Company delivered sequential improvement in Q4, supported by stable realizations and disciplined cost control. For FY26, margin expansion and improved operating efficiency enabled a return to profitability, reflecting a stronger earnings profile.
Key Financial Highlights:
• Revenue: Q4 FY26 revenue stood at ₹1,142 Cr, reflecting a sequential uptick led by improved volumes and stabilising demand trends. Year-on-year, revenue remained under pressure, declining from ₹1,256 Cr due to a softer pricing environment, geopolitical uncertainty and volatility in raw material prices. For FY26, revenue was ₹4,554 Cr as against ₹4,825 Cr in FY25.
• Gross profit: Gross profit in Q4 FY26 was ₹434 Cr, with margins holding at 37.4%, indicating continued stability in cost structures. On a YoY basis, margins expanded meaningfully, supported by a better product mix and operating efficiencies. For FY26, gross profit reached ₹1,753 Cr, with margins improving to 38.1%.
• EBITDA: Q4 FY26 EBITDA came in at ₹85 Cr, reflecting steady operational momentum with margins at 7.4%. The performance was supported by controlled input costs and operating leverage. For FY26, EBITDA increased to ₹327 Cr, with margins strengthening to 7.1%, demonstrating sustained improvement in core profitability.
• PAT: PAT for Q4 FY26 stood at ₹35 Cr, reflecting a significant improvement in earnings quality. For FY26, PAT was ₹52 Cr, compared to a loss in the previous year, driven by better operating performance, reduction in overheads and reversal of Deferred Tax Liability due to adoption of new Income Tax Regime w.e.f. April 01, 2026.
RSWM Limited Announces ESOP Issuance to Leadership Team
RSWM is set to lead the Textile industry by being the pioneer in establishing shared ownership through an Employee Stock Ownership Plan (ESOP) for their senior leadership team. ESOP represents a long-term wealth creation opportunity and, importantly, fosters a culture of shared ownership and accountability across the organization. As part of this initiative, 2% of the Company’s paid-up share capital will be designated for the ESOP, encompassing around 35 leadership positions. This initiative will empower RSWM to retain essential leadership talent, foster a strong alignment of interests, and strengthen our vision for long-term growth.
Speaking about the performance, Mr. Riju Jhunjhunwala, Chairman & Managing Director and CEO, RSWM Limited, said, “Over the past year, RSWM has delivered a decisive turnaround, transitioning from losses to profitability while strengthening our operational and financial foundation. This performance reflects focused execution across our core verticals, sharper product positioning, and disciplined cost management. Our revenues for FY26 stand at ₹4,554 crore, with EBITDA of ₹327 crore and PAT of ₹52 crore, which speaks for the steady momentum we have built through the year. As we look ahead, we remain committed to scaling high-value segments, enhancing global competitiveness, and deepening customer partnerships.”
Mr. Rajeev Gupta, Joint Managing Director, RSWM Limited, said, “The global textile industry continues to navigate a complex environment shaped by geopolitical developments, trade disruptions, and tariff uncertainties. Despite these challenges, RSWM has delivered consistent growth over the past year, reflecting the resilience of our business model and the strength of execution. Our ability to adapt through supply chain optimization, sharper market alignment, and stronger internal processes has enabled us to sustain the growth performance. As we look ahead, we remain focused on building on this momentum, leveraging emerging opportunities, and delivering sustainable growth in the quarters to come.”
