By BullScreen Editorial Team 
RSWM Limited reported a sharp earnings recovery in its Q4 results 2026, helped by higher-margin products, lower finance costs, and improved operational efficiency under its “RSWM 2.0” strategy.
The company posted a standalone net profit of ₹51.98 crore for FY26, compared with a loss of ₹41.28 crore in FY25, marking a turnaround of more than ₹93 crore. Profit before tax also recovered to ₹43.80 crore from a loss of ₹59.57 crore a year earlier.
Despite a 5.1% decline in total income to ₹4,605.21 crore due to weak global demand and pricing pressure in export markets, the company improved profitability through cost control and a better product mix. EBITDA rose 40.5% year-on-year to ₹327.12 crore, while EBITDA margin expanded to 7.1% from 4.8%.
In the Q4 results 2026, quarterly revenue increased to ₹1,158.82 crore from ₹1,106.55 crore in the previous quarter. EBITDA stood at ₹85.44 crore, while quarterly net profit surged to ₹34.55 crore, rising sharply from ₹1.59 crore in the year-ago period.
The textile maker said demand for premium yarns, value-added knitted fabrics, and branded cotton products supported margin expansion. Finance costs also declined by ₹12 crore year-on-year, reflecting debt reduction and improved financial discipline.
RSWM continued to strengthen its balance sheet during FY26. Net worth rose to ₹1,372 crore, while both long-term and current borrowings declined. Inventory and receivable levels were also reduced, improving working capital efficiency.
The company is also expanding into sustainable and recycled materials through the acquisition of LNJ GreenPET and plans to increase renewable energy usage through a 60 MW clean power agreement with Adani Energy Solutions Ltd.. Management expects these investments to support margins and operational efficiency in the coming financial years.
| Metric | FY26 | FY25 | Change |
|---|---|---|---|
| Total Income | ₹4,605.21 Cr | ₹4,854.64 Cr | ▼ 5.1% |
| EBITDA | ₹327.12 Cr | ₹232.79 Cr | ▲ 40.5% |
| EBITDA Margin | 7.1% | 4.8% | ▲ 231 bps |
| Net Profit (PAT) | ₹51.98 Cr | -₹41.28 Cr | Strong Turnaround |
| Profit Before Tax | ₹43.80 Cr | -₹59.57 Cr | Improved by ₹103 Cr |
| Finance Cost | ₹122.83 Cr | ₹135.29 Cr | ▼ ₹12.46 Cr |
| PAT Margin | 1.1% | -0.9% | ▲ 200 bps |
| Q4 Metric | Q4 FY26 | Growth Trend |
|---|---|---|
| Total Income | ₹1,158.82 Cr | ▲ 4.7% QoQ |
| EBITDA | ₹85.44 Cr | ▲ YoY Growth |
| EBITDA Margin | 7.4% | ▲ 115 bps YoY |
| Net Profit (PAT) | ₹34.55 Cr | ▲ 21.7x YoY |
| Key Drivers | Premium yarns, cost control, lower debt cost | Positive Margin Expansion |
| Key Area | FY26 Update |
|---|---|
| Net Worth | Increased to ₹1,372 Cr |
| Non-Current Borrowings | Reduced to ₹501 Cr |
| Current Borrowings | Reduced to ₹1,009 Cr |
| Export Contribution | ~31% of total sales across 70+ countries |
| Renewable Energy Plan | 60 MW clean power deal with Adani Energy Solutions Ltd. |
| GreenPET Acquisition | 100% stake acquired for ₹20.01 Cr |
| Knitting Expansion CapEx | ₹92 Cr machinery upgrade underway |
| Clean Energy Usage | Targeting nearly 70% electricity from renewable sources |
Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/945cce87-ff17-4b75-bdf4-7f25f7573630.pdf