Bhilwara Spinners Ltd (514272)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Bhilwara Spinners' revenue was ₹33.8 Cr, and net profit ₹1.9 Cr (against a loss a year earlier); the operating margin was 13.5%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹33.8 | — | -2.1% |
| Operating profit | ₹4.6 | — | +6.2% |
| Net profit | ₹1.9 | from loss | -71.4% |
| EPS (₹) | 2.11 | from loss | -71.4% |
| Operating margin | 13.5% | — | — |
📢 Recent Corporate Announcements
Bhilwara Spinners Ltd has released its 45th Annual Report for FY2025-26 along with the AGM notice. For the full year, turnover jumped to Rs 74.47 crore compared to Rs 24.97 crore in FY25, while net profit grew to Rs 4.91 crore from Rs 1.73 crore. Capital expenditure for FY26 stood at Rs 58.04 crore, supporting production of 45.39 lakh meters of denim fabric and 20.06 lakh meters of other fabrics. The Board did not recommend any dividend for the year in order to retain earnings.
- FY26 turnover rose to Rs 7447.44 lakhs compared to Rs 2496.82 lakhs in FY25
- Net profit increased to Rs 490.80 lakhs against Rs 173.06 lakhs in the previous fiscal
- Capital expenditure reached Rs 5804.41 lakhs compared to Rs 3948.00 lakhs in FY25
- Produced 45.39 lac meters of denim fabric and 20.06 lac meters of other fabrics
- Book value per share increased to Rs 55.46 as of March 31, 2026
Bhilwara Spinners Ltd has scheduled its 45th Annual General Meeting (AGM) for Thursday, September 24, 2026, at 11:00 AM at its registered office in Bhilwara, Rajasthan. The share transfer books and register of members will remain closed from September 18 to September 24, 2026. The company has fixed September 17, 2026, as the cut-off date to determine shareholder voting eligibility. Remote e-voting will take place via NSDL between September 21 and September 23, 2026.
- 45th AGM scheduled for September 24, 2026 at 11:00 AM in Bhilwara, Rajasthan
- Book closure set from September 18, 2026 to September 24, 2026
- Cut-off date for e-voting eligibility fixed as September 17, 2026
- Remote e-voting period runs from September 21, 2026 (9:00 AM) to September 23, 2026 (5:00 PM)
Bhilwara Spinners reported a total income of Rs 3.57 Cr for the quarter ended June 30, 2026, representing a 33.7% increase from Rs 2.67 Cr in the same quarter last year. However, this marks a significant sequential decline from the Rs 34.56 Cr reported in the March 2026 quarter. The net loss narrowed to Rs 0.10 Cr from a loss of Rs 2.14 Cr YoY, but the company has slipped back into the red after a profitable March quarter. With a high debt of Rs 104 Cr and a debt-to-equity ratio of 2.07, the low quarterly revenue remains a concern for debt servicing.
- Total Income for the quarter ended June 2026 was Rs 3.57 Cr, up from Rs 2.67 Cr in June 2025.
- Net Loss for the period narrowed significantly to Rs 0.10 Cr from a loss of Rs 2.14 Cr in the previous year's corresponding quarter.
- Earnings Per Share (EPS) improved to -0.11 from -2.36 on a year-on-year basis.
- Sequential revenue saw a sharp decline of approximately 90% compared to the Rs 34.56 Cr achieved in the March 2026 quarter.
- The company's debt remains high at Rs 104 Cr, which is nearly 28x the current quarter's revenue.
Bhilwara Spinners reported a significant YoY turnaround in Q1 FY27, with revenue jumping to ₹33.84 Cr from just ₹2.67 Cr in the same quarter last year. The company posted a net profit of ₹1.91 Cr, reversing a net loss of ₹2.14 Cr in Q1 FY26. However, on a sequential basis, net profit declined from ₹6.67 Cr in Q4 FY26, largely due to a sharp spike in finance costs which rose to ₹4.42 Cr. The board also approved the re-appointment of Himanshu Jhamar as an Independent Director for a second five-year term.
- Revenue from operations grew 1167% YoY to ₹33.84 Cr compared to ₹2.67 Cr in Q1 FY26.
- Net profit turned positive at ₹1.91 Cr vs a loss of ₹2.14 Cr in the year-ago period.
- Finance costs surged to ₹4.42 Cr, a significant increase from ₹0.67 Cr in the preceding quarter.
- Total income for the quarter (₹34.48 Cr) represents approximately 45.7% of the TTM revenue of ₹74 Cr.
- Earnings Per Share (EPS) stood at ₹2.11 for the quarter, up from a negative ₹2.36 YoY.
Bhilwara Spinners reported a massive YoY turnaround in Q1 FY27, with revenue surging to ‑33.84 cr from just ‑2.67 cr in the same period last year. The company posted a net profit of ‑1.91 cr, recovering from a loss of ‑2.14 cr in Jun 2025, although profit declined 71% sequentially from ‑6.67 cr in Mar 2026. Finance costs have escalated sharply to ‑4.42 cr (up from ‑0.82 cr YoY), which is a concern given the high Debt-to-Equity ratio of 2.07. The board also re-appointed Himanshu Jhamar as an Independent Director for a second five-year term.
- Revenue from operations grew 1,167% YoY to ‑33.84 cr, representing 45.7% of TTM revenue in a single quarter.
- Net profit turned positive at ‑1.91 cr compared to a net loss of ‑2.14 cr in the year-ago quarter.
- Finance costs spiked to ‑4.42 cr, a significant increase from ‑0.82 cr in Jun 2025.
- Earnings Per Share (EPS) for the quarter stood at ‑2.11, up from ‑(2.36) YoY.
- Total expenditure rose to ‑32.15 cr, driven largely by raw material costs of ‑24.03 cr.
Bhilwara Spinners Ltd has scheduled a board meeting on July 24, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This is a routine regulatory filing in compliance with SEBI (LODR) Regulations. The company also noted that the trading window for insiders has been closed since July 1, 2026, and will remain so until July 29, 2026. Investors should look for the actual earnings release on the meeting date to assess the company's current financial health.
- Board meeting scheduled for July 24, 2026, at 03:00 P.M.
- Financial results to be reviewed for the quarter ended June 30, 2026
- Trading window for insiders closed from July 1, 2026, to July 29, 2026
- Meeting to be held at the Registered Office in Bhilwara, Rajasthan
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