RSWM Reports 15% Revenue Growth and 47.1% EBITDA Rise in Q2 FY27
The textile manufacturer records ₹1,322 crore in revenue and ₹25 crore in PAT, supported by improved operational efficiency, while strategic initiatives strengthen its presence across the textile value chain.
RSWM Ltd. (BSE: 500350/NSE: RSWM), one of India’s leading manufacturers of value-added synthetic, mélange, cotton and blended yarns, denim fabric, knitted fabric and green polyester fibre, has announced its unaudited financial results for the quarter and half year ended 30 September 2026.
The company delivered a strong performance in Q2 FY27, supported by improved operational efficiency, a favourable product mix and disciplined cost management. Revenue reached ₹1,322 crore, up 15% year-on-year (YoY). EBITDA increased 47.1% to ₹116 crore, while profit after tax (PAT) rose 3.9 times to ₹25 crore.
Total income increased 14.9% YoY to ₹1,332 crore. The company also improved its profitability despite industry-wide challenges, including geopolitical tensions, supply-chain disruptions, higher energy and ocean freight costs, and rising polyester prices.
Q2 FY27 Financial Performance
Revenue for the quarter stood at ₹1,322.3 crore, compared with ₹1,150 crore in Q2 FY26. This represents 15% YoY growth. Total income rose 14.9% to ₹1,331.8 crore.
EBITDA increased to ₹115.9 crore from ₹78.8 crore in the corresponding quarter last year. Consequently, the EBITDA margin improved to 8.7%, up 191 basis points from 6.8% in Q2 FY26.
PAT reached ₹24.5 crore, compared with ₹6.3 crore in Q2 FY26. This marks a 3.9-fold increase. The PAT margin also improved to 1.8%, against 0.5% a year earlier.
On a quarter-on-quarter basis, revenue grew 13.9%, while EBITDA increased 23.2%. PAT rose 46.6% compared with Q1 FY27.
H1 FY27 Performance
For the first half of FY27, RSWM reported total income of ₹2,501.9 crore, registering 6.9% YoY growth. EBITDA increased 31.4% to ₹210 crore, compared with ₹159.8 crore in H1 FY26.
The EBITDA margin improved to 8.4%, up 156 basis points. Meanwhile, PAT increased 3.1 times to ₹41.3 crore from ₹13.2 crore in the same period last year. The PAT margin also rose to 1.6%, compared with 0.6% in H1 FY26.
Management Highlights RSWM 2.0 and Sustainability Priorities
Commenting on the results, Mr. Riju Jhunjhunwala, Chairman & Managing Director, RSWM Limited, said:
“The progress achieved during Q2 FY27 reflects the positive impact of our efforts to enhance business performance. Growth in topline, alongside improvements in profitability and margins, demonstrates the benefits of measures introduced under our RSWM 2.0 initiative. Going forward, we aim to build on this progress by strengthening capabilities, improving productivity and expanding our presence in value-added segments to meet evolving customer expectations.
Sustainability and responsible manufacturing remain central to our business philosophy. Our initiatives focus on energy efficiency, water conservation, emission reduction and increased use of recycled and sustainable materials. We also prioritise employee well-being, community development, ethical conduct and responsible resource management. RSWM received an ICRA ESG Impact Rating of 70, classified as ‘Good’. We remain committed to balancing business growth with environmental and social responsibilities while creating long-term value for stakeholders.”
Strategic Expansion into Finished Garments
Mr. Rajeev Gupta, Joint Managing Director, RSWM Limited, highlighted the challenges faced by the textile industry during the first half of FY27. These included geopolitical developments, supply-chain realignments, volatile input costs and uncertain export conditions.
He said:
“The first half of FY27 unfolded amid significant changes in the textile business environment, with geopolitical developments, supply chain realignments, volatile input costs and uncertain export conditions influencing the industry. Against this backdrop, RSWM recorded total income of ₹2,502 crore, EBITDA of ₹210 crore, an EBITDA margin of 8.4% and profit after tax of ₹41 crore. These results reflect the contribution of our diversified business operations and the collective efforts of our teams across the organisation.
An important development during the period was our partnership with Spain-based NDS9 through LNJ NDS9 Global Private Limited. This venture marks a strategic extension of RSWM’s denim business into finished garments, combining our manufacturing infrastructure with NDS9’s strengths in design and marketing. Going forward, our focus will remain on strengthening business capabilities, broadening product offerings and adapting to the evolving needs of the textile market.”
Focus on Value-Added Products and Sustainable Growth
RSWM plans to strengthen its presence across the textile value chain and explore emerging business opportunities. Its subsidiary, LNJ GreenPet Private Limited, forms an important part of its sustainability-led growth strategy.
The joint venture with Spain-based NDS9 through LNJ NDS9 Global Private Limited also marks an expansion of the company’s denim business into finished garments. By combining RSWM’s manufacturing capabilities with NDS9’s design and marketing expertise, the partnership aims to broaden the product portfolio and address changing market opportunities.
