Angel Fibers Limited

Manufactures and sells products in the textiles and fiber space, operating from its registered office in Haripar, Jamnagar, Gujarat, and generating Rs 211.532 crore of revenue in FY26. The business sits in the Other Textile Products classification within the consumer discretionary textile chain, though the filings do not specify end-product categories. Material inputs dominate the cost structure at 81.1% of revenue, with employee costs at 4.2% and other operating expenses at 10.5%, while capex runs at just 0.3% of revenue. A large share of activity flows through related-party arrangements with Redeco Fibers, Haripriya Spinning Mill, and Murlidhar Worldtrade, each capped at Rs 100 crore for FY27, with the Redeco Fibers deal alone equal to 47% of FY26 consolidated turnover. Profitability improved materially in FY26, with profit after tax at Rs 183.81 lakhs (against Rs 128.08 lakhs in FY25) and profit before tax nearly doubling to Rs 374.60 lakhs, helped by long-term borrowings being cut from Rs 2,634 lakhs to Rs 1,916 lakhs and finance costs falling by roughly 27%. The promoter group holds about 73.9% of the 2.5 crore total equity shares, with the balance held by public non-institutions.