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 audited financial results for Q4 and FY26 ended March 31, 2026.
Despite a challenging demand environment, the company reported sequential improvement in Q4, supported by stable realisations and disciplined cost management. For FY26, improved operating efficiency and margin expansion enabled a return to profitability, reflecting a stronger earnings profile.
Key Financial Highlights
- Q4 FY26 revenue stood at ₹1,142 crore, reflecting sequential growth supported by improved volumes and stabilising demand trends.
- FY26 revenue reached ₹4,554 crore compared to ₹4,825 crore in FY25.
- Gross profit for FY26 stood at ₹1,753 crore, with margins improving to 38.1%.
- EBITDA for FY26 increased to ₹327 crore with margins strengthening to 7.1%.
- PAT for FY26 stood at ₹52 crore compared to a loss in the previous year.
The company attributed the performance improvement to stronger operating efficiency, disciplined cost control, reduced overheads, and reversal of Deferred Tax Liability following the adoption of the new Income Tax Regime effective April 1, 2026.
RSWM Announces ESOP Initiative
RSWM also announced the launch of an Employee Stock Ownership Plan (ESOP) for its senior leadership team. Under the initiative, 2% of the company’s paid-up share capital will be designated for ESOP allocation covering around 35 leadership positions.
The company stated that the initiative aims to strengthen leadership retention, foster accountability, and align long-term organisational growth objectives.
Commenting on the company’s performance, Riju Jhunjhunwala said:
“Over the past year, RSWM has delivered a decisive turnaround, transitioning from losses to profitability while strengthening our operational and financial foundation. This performance reflects focused execution across our core verticals, sharper product positioning, and disciplined cost management. Our revenues for FY26 stand at ₹4,554 crore, with EBITDA of ₹327 crore and PAT of ₹52 crore, which speaks for the steady momentum we have built through the year. As we look ahead, we remain committed to scaling high-value segments, enhancing global competitiveness, and deepening customer partnerships.”
Rajeev Gupta added:
“The global textile industry continues to navigate a complex environment shaped by geopolitical developments, trade disruptions, and tariff uncertainties. Despite these challenges, RSWM has delivered consistent growth over the past year, reflecting the resilience of our business model and the strength of execution. Our ability to adapt through supply chain optimization, sharper market alignment, and stronger internal processes has enabled us to sustain the growth performance. As we look ahead, we remain focused on building on this momentum, leveraging emerging opportunities, and delivering sustainable growth in the quarters to come.”
RSWM continues to focus on scaling high-value product segments, strengthening customer partnerships, and enhancing global competitiveness amid evolving market dynamics.
