GHCL Textiles Limited — Investor Meet, 09-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

GHCL Textiles reported Q4 revenue of INR285 Cr, flat YoY, with EBITDA rising 9% YoY and 24% QoQ to INR32 Cr. FY25 revenue grew 10% to INR1,168 Cr, EBITDA increased 31% to INR117 Cr, and PAT more than doubled to INR56 Cr. Capacity utilization stayed high despite weak demand.

Management outlined INR158 Cr capex in FY25 for 25,000 new spindles and 40 knitting machines starting June ’25 to boost vertical integration and margins. Export revenue rose to 16%, fabric share reached 7.8%, with a strategic push toward value-added, ready-to-cut fabric aimed at doubling turnover in 3 years and achieving 30% revenue from value-added products.

Cotton prices are steady with improved working capital by INR54 Cr. US tariff delays impact orders but may create a long-term advantage for India. Peak debt forecast at INR600 Cr by FY29 with conservative gearing. Margin expansion expected with market recovery and capex benefits, targeting 17%-20% EBITDA margins long term, with growth weighted in H2 FY26.