Companies›Consumer Discretionary›Textiles›Textiles & Apparels
NSE:BANSWRAS

BANSWARA SYNTEX LIMITED

Textiles › Textiles & Apparels
₹102.00
at close · 27 Oct 2026
▲ 0.01 (+0.01%)

Latest filings

Next results: Mon, 2 Nov · Financial Results
  1. Earnings call set for 3 November 2026 to discuss Q2 and H1 FY27 · Board & Shareholder Meetings
  2. Board meeting to approve September 2026 quarterly and half-year results · Results
  3. Fire at BTM Dye House spreads to neighbouring TFO section · Capex & Operations
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures and sells yarn, fabric, and garments from integrated textile facilities, with three operating divisions. The Yarn division produced FY26 revenue of Rs 449 crore, constrained to 77-78% capacity utilization by labor shortages, and sells value-added products like Siro Compact Spandex Yarn. The Fabric division generated a record Rs 569 crore in FY26 (up 5% year-on-year) at 77% capacity utilization, including premium fabrics and the Simone Federico brand. The Garment division posted Rs 324 crore in FY26 (up 18% year-on-year) at 72% capacity utilization, with Walmart added as a new export customer contributing roughly Rs 15 crore in Q4 FY26 alone; a proposed Surat SEZ unit is planned for 40,000-50,000 jackets per month, pending government approval. Fabric and Garment together account for 66% of revenue, with management targeting about 70% over the medium term. Costs are dominated by materials at 41.1% of revenue and employees at 23.6%. FY27 revenue is guided at Rs 1,450-1,500 crore, with Rs 135-140 crore of capex planned across segments.

Operating scale
Yarn division capacity utilization
77-78%FY26
Fabric division capacity utilization
77%FY26
Garment division capacity utilization
72% (vs ~50% in FY25)FY26
Planned Surat SEZ garment capacity
40,000-50,000 jackets per monthPending approval
Walmart new customer contribution
~Rs 15 crore in Q4 FY26 aloneQ4 FY26
Middle East revenue exposure
~Rs 100 crore (Rs 10-20 crore expected reduction in FY27)FY26
Who pays it
Domestic textile brands, export apparel customers (including Walmart), and international fabric buyers in the US, Europe and the Middle East
Biggest cost
Raw materials (wool, polyester, chemicals) at 41.1% of revenue, with polyester costs up about 25% recently
Kind of business
Integrated, asset-heavy textile manufacturer spanning yarn, fabric and garments
Where it sits
Indian textile and apparel player exporting to US, UK, EU and Middle East, positioning as a China-plus supply-chain alternative
Market Cap
₹349 Cr
P / E (TTM)
9.4×
EV / EBITDA
5.8×
Div Yield
0.98%
Growth
11.5%▲
Revenue 5y CAGR
PAT +16.5% · EBITDA +6.8%
Quality
10.5%·
ROCE (5y median)
ROE 6.6% (5y median) · margin 9.8%
Leverage
0.81·
Debt / Equity · moderate
Net debt ₹472 Cr
Revenue FY21→FY26
1.7×▲
Margin +0.5 pts
₹787 Cr → ₹1,356 Cr
Cash conversion
1.66×▲
Operating cash ÷ profit · 5 yrs
₹410 Cr on ₹247 Cr
Moves on a normal day
1.46%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 229 Other Textile Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#50/179
P/B#48/185
ROCE#104/215
ROE#85/188
Debt / Equity#136/188
EBITDA margin#107/198
Revenue growth#105/192
Profit growth#19/203

Scorecard

Measured from the filed financials, judged against its Other Textile Products peers · as of FY26 — not investment advice

Strengths
Profit compounding 17% a year over 5 years
Over 5 years it reported ₹247 Cr of profit and ₹410 Cr of operating cash — 1.66×
Profit is converting into cash
Concerns
Heavy working capital — 126 days of cash tied up
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

BANSWRAS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from BANSWARA SYNTEX LIMITED's filed financials and exchange disclosures

What does BANSWARA SYNTEX LIMITED do?

BANSWARA SYNTEX LIMITED is a Textiles & Apparels company listed on NSE and BSE, trading under the symbol BANSWRAS.

Is BANSWARA SYNTEX LIMITED profitable?

Yes. Over the trailing twelve months BANSWARA SYNTEX LIMITED reported a net profit of ₹37 Cr on revenue of ₹1,366 Cr.

Does BANSWARA SYNTEX LIMITED pay a dividend?

Yes. The dividend yield is 0.98% at the current price. It paid out 11% of its profit as dividend in FY26.

Is BANSWARA SYNTEX LIMITED debt-free?

No. It reported borrowings of ₹474 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹472 Cr after cash. Debt stands at 0.81× equity. That is higher than 72% of its 188 Other Textile Products peers.

Is BANSWARA SYNTEX LIMITED expensive compared with its peers?

On trailing P/E, BANSWARA SYNTEX LIMITED ranks 50 of 179 in Other Textile Products — cheaper than 73% of them, against an industry median of 16.5×. This is a position, not a valuation judgement.

How much does the BANSWARA SYNTEX LIMITED share price move in a day?

On a typical session BANSWARA SYNTEX LIMITED moves 1.46% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

When are BANSWARA SYNTEX LIMITED's next results?

Financial Results on Mon, 2 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track BANSWARA SYNTEX LIMITED's announcements?

Every NSE and BSE filing by BANSWARA SYNTEX LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.