A B Cotspin India Limited has informed the Exchange regarding a press release dated May 19, 2025, titled "Increase in Spindle Capacity".
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Awaiting price reaction for this filing.
A B Cotspin India has added 14,592 new spindles, raising its total installed spindle capacity to 50,832 units. The new spindles have already begun commercial production and are expected to add around ₹100 crore in annual revenue. The company projects a turnover of approximately ₹350–₹400 crore and EBITDA of ₹50–₹55 crore for FY2025-26. The expansion is aligned with PM Modi's 'Five Fs' framework for the textile sector, focusing on farm-to-foreign value chain growth. Management cited plans to reinvest in innovation, technology, and sustainability.
This is a positive growth announcement — meaningful capacity addition (~40% increase in spindles) with already-commenced production and a clear revenue uplift estimate. Likely to be viewed favorably by the market, though the FY25-26 projections are forward-looking and subject to execution risks.