RSWM Limited — Investor Meet, 11-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

RSWM reports a strong Q2 FY26 turnaround. Revenue stood at ₹1,150 Cr, with gross margin expanding to 38.4% (+195 bps YoY) and EBITDA rising 85.6% to ₹79 Cr. Profit after tax swung to ₹6.3 Cr from a ₹21 Cr loss in Q2 FY25. The financial results for the half-year also showed significant profitability improvement, with PAT at ₹13.2 Cr versus a ₹34.9 Cr loss last year.

Management acknowledges a challenging textile market due to US tariffs and global issues, impacting knit and mélange businesses. RSWM is addressing this with a ₹92 Cr knit division upgrade (adding printing, increasing capacity to 900 tons/month) and investing in 70MW green energy, targeting 70% power from renewables and an estimated ₹1/unit saving. The company reduced finance costs and cut inventory from ₹730 Cr to ₹608 Cr. Despite current headwinds, management maintains a positive long-term outlook.