Vardhman Textiles Limited has announced its financial results for the quarter and year ended March 31, 2026. The company reported annual revenue of Rs. 9,652 crore and a PAT of Rs. 740 crore. Despite a challenging environment, the textile giant continues its strategic expansion, including major investments in processing and garment capacity, while maintaining a robust balance sheet with a Net Worth of Rs. 10,188 crore.
Annual Financial Overview
For the financial year ended March 31, 2026, Vardhman Textiles achieved a revenue from operations of Rs. 9,652 crore, reflecting a modest growth of 1% compared to the previous fiscal year. The company recorded a Profit After Tax (PAT) of Rs. 740 crore, with an annual PAT margin of 7.5%. The total EBITDA for the year stood at Rs. 1,494 crore, representing an EBITDA margin of 15.1%.
Quarterly Performance Highlights
In the final quarter (Q4 FY26), the company reported revenue of Rs. 2,441 crore. The profitability for the quarter was impacted by market conditions, with a PAT of Rs. 179 crore and an EPS of Rs. 6.19. The EBITDA for this quarter was Rs. 354 crore, maintaining an EBITDA margin of 14.1%, reflecting the company’s efforts to navigate operational complexities with consistency.
Strategic Capital Expenditure
Vardhman Textiles is aggressively pursuing its growth strategy with a total announced capex of ₹3,660 crore. Key developments include:
- Fabric Expansion: Commercial production at the new 31 million meters/annum processing line and the 18 million meters/annum performance fabric unit commenced in March 2026.
- Garment Capacity: The board has approved an expansion of the garment unit capacity from 2.2 million to 4.5 million shirts per annum, involving an investment of approximately Rs. 125 crore, expected to be completed by the end of FY2026-27.
- Modernization: Significant progress has been made in technology upgradation and modernization projects to enhance operational efficiency.
Sustainability and Operational Scale
As India’s largest vertically integrated textile manufacturer, Vardhman continues to leverage its 60+ years of industry experience. The company maintains an installed capacity of 1.25 million+ spindles and a global footprint spanning 75+ countries. The company’s ESG roadmap remains a priority, with ambitious targets including achieving Net Zero Emissions by 2045 and 100% ZHDC MRSL compliance by 2030.
Source: BSE
