Banswara Syntex Limited — Investor Meet, 14-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Banswara Syntex reported a strong Q3 FY26: EBITDA jumped 25% QoQ to INR 42 Cr, PAT surged 89% QoQ to INR 13.2 Cr. For 9M FY26, revenue reached INR 1,000 Cr (+4% YoY), with EBITDA at INR 97.6 Cr (+14% YoY) and PAT at INR 18.8 Cr (+16% YoY). Gross margins consistently exceeded 50%. Net debt stands at INR 495.1 Cr, funding ongoing capex.

Management sees strong global tailwinds for Indian textile exports, using vertical integration for pricing leverage. Garment utilization (currently 65%) will improve significantly as Surat capacity transfers. Focus remains on high-value products like stretch and wool-blended fabrics. They target 15-20% growth in fabric and garment, expecting 12.5%+ EBITDA margins, confident in India's growing textile position.