Banswara Syntex Limited — Investor Meet, 13-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Banswara Syntex's Q1 FY26 results: Total income up 12.7% YoY to INR 309.6 Cr, fueled by strong garment growth (+42% to INR 75 Cr). However, a Q1 loss of INR 1.4 Cr resulted from temporary labor shortages impacting yarn profitability (70% utilization).

Management reaffirmed full-year targets of INR 1550 Cr turnover & 12% EBITDA. Despite US tariffs (90% of US-linked business via tariff-friendly countries), focus is on domestic 'China Plus One' & UK/Europe FTAs. FY26 capex: INR 100 Cr, net debt: INR 465 Cr (deleveraging expected next year). Company is cautiously optimistic, aiming for increased utilization.