Please refer the attached intimation
FIBERWEB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Fiberweb India Ltd's Board approved audited standalone financial results for FY26 ending March 31, 2026. Net profit declined to Rs. 1,001.48 lakhs from Rs. 1,500.46 lakhs in FY25, while total income fell to Rs. 8,456.17 lakhs from Rs. 10,129.44 lakhs. Q4 FY26 recorded a loss of Rs. 152.14 lakhs due to the US-Iran conflict disrupting raw material supply and logistics. The auditor issued an unmodified (clean) opinion. The company significantly revised its expansion plan: it abandoned the planned Rs. 165 crore flushable products project and instead approved a Rs. 50 crore investment in nonwoven felted products using recycled materials, expected to generate Rs. 175 crore revenue and Rs. 30 crore profit annually. New CFO Mr. Milind Ghelani (CA, CS with 15+ years experience) joins from July 1, 2026. Independent Director Mr. Sorabh Gupta is seeking shareholder re-appointment for a second 5-year term.
Revenue and profit declined year-on-year, with Q4 impacted by geopolitical supply disruptions. However, the smaller, focused capex of Rs. 50 crore reduces execution risk compared to the original Rs. 165 crore plan, and the shift to recycled materials aligns with sustainability trends. Clean audit opinion and improved operating cash flow (Rs. 1,727 lakhs vs Rs. 1,207 lakhs) are positives for shareholder confidence.