Sutlej Textiles and Industries Limited has informed the Exchange about Investor Presentation
SUTLEJTEX · price
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Awaiting price reaction for this filing.
Sutlej Textiles shared its Q3 & 9M FY26 results presentation. Standalone Q3 revenue was flat at Rs 640 Cr (down ~2% YoY), but EBITDA jumped sharply to Rs 25 Cr from Rs 8 Cr a year ago, with EBITDA margin expanding from 1.3% to 4.0% YoY. The Yarn segment, which had been posting losses, returned to a small positive EBIT of Rs 1 Cr in Q3 from Rs -7 Cr in Q2. The Home Textiles segment (Nesterra brand, 480 active stores) remained in the red with EBIT of Rs -7 Cr. On a 9-month basis, standalone revenue fell 5.3% to Rs 1,885 Cr and the company stayed in loss territory. Total borrowings came down to Rs 820 Cr with debt-to-equity holding at 0.97x.
The sharp jump in Q3 EBITDA and return to profitability in the core Yarn business are positives, but the company is still posting losses on a 9-month basis and the Home Textiles turnaround is slow. Short-term stock reaction may be neutral to mildly positive given improved operating performance, though bottom-line recovery is still incomplete.