Announced Sat, 30 May · 16:19 IST

Press release

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AI summary

Shine Fashions (India) Ltd reported record annual revenue crossing ₹100 crore for the first time, reaching ₹101.99 crore in FY26 versus ₹81.58 crore in FY25, a 24.9% growth. Operating profit (EBITDA) surged 30% to ₹12.22 crore while profit before tax grew 21.6% to ₹11.36 crore. The company made a significant one-time strategic investment of ₹7.55 crore to enter the global textile export market, estimated at USD 4 billion. This pre-revenue market creation investment involved specialist consultants to identify international buyers and negotiate export terms. Management expects FY27 to be the year export revenues begin materializing. The board also approved a fund-raising plan of up to ₹35 crore to support the export business and working capital needs.

Likely market impact

Strong financial performance with 25% revenue growth demonstrates operational strength. The ₹7.55 crore export investment targeting a market 40x current revenues could be transformative if successful, though it represents a significant one-time exceptional charge that may impact near-term profitability metrics.