Textile - Manmade Fibres
21 recent notes from companies in this sector. 12 companies tracked.
India Capital Fund takes 5.07% in Ganesha Ecosphere
The Mauritius fund accumulated shares worth ₹120 cr over five months, but said nothing about board seats or takeover intent.
Jattashankar raises ₹27.6 cr via warrants, dilutes ~15.7% of mcap
The nano-cap textiles company approved 30 lakh convertible warrants to 13 allottees, including promoters. Allottees paid ₹6.9 crore upfront; the balance is due in 18 months.
Lakhotia Polyesters sees 5.93% stake shuffle among non-promoter group
Shreyans Surana sells entire stake to his PACs, raising combined holding to 15.32%. A large internal reshuffle in a nano-cap.
Jattashankar raises ₹12 cr via warrants, but allotment is a fraction of plan
The textile nano-cap allotted 13.05 lakh convertible warrants at ₹92 each, raising ₹12 crore, well below the 81.55 lakh warrants the exchange had cleared.
Sunrakshakk's revenue grew 237%, but Guwahati is idling.
Full-year revenue hit ₹607.8 crore, but the new plant is running at just 45-55% capacity, capping the PAT margin at 6.12%.
Sunrakshakk's Guwahati plant running at less than half of guided capacity
Revenue grew 92% in Q4 to ₹197.6 cr, but the company’s new Assam facility is operating at 45-55% utilisation against an earlier projection of over 85%.
Betex India's auditor flags a first-time qualification as profit nearly triples
HTKS & Co issued a qualified opinion on Betex India's annual results, citing non-compliance with accounting rules for employee benefits. The company hasn't quantified the potential impact.
Blue Chip Tex gets a clean audit. That's the news.
The auditor signed off on the year ended March 31, 2026. For a ₹24 cr company, that's the job, not a story.
Surat Trade keeps family control, reappoints Shah for five years
The MD's brother gets another term as whole-time director at the ₹99 crore nano-cap. A routine move, but it locks in the existing power structure.
Banswara Syntex guides for ₹1,500 cr FY27 revenue, lands Walmart as a new customer
Management expects 10.5-11% EBITDA margins in FY27 and plans ₹135-140 cr in capex, but labour shortages and Middle East disruptions cloud the near term.
Surat Trade’s revenue jumps 62% but profit flatlines
Full-year revenue hit ₹111.35 cr, but net profit slipped to ₹10.98 cr as a Q4 loss erased earlier gains.
Yajur Fibres revenue fell 28%. Over half its IPO cash is still parked.
Standalone profit before tax dropped to ₹10.2 crore. The company has left ₹56 crore of its ₹120 crore IPO raise unspent.
Indo Rama posts ₹150 cr profit after making ₹1.4 cr a year ago
Cost cuts and better markets turned a near-zero profit into a genuine earnings year. Revenue rose 14.9% to ₹4,929 crore.
Indo Rama posts Q4 results, skips dividend
Audited annual results for FY26 are in. The board approved unmodified accounts and passed on a dividend.
Pasupati Acrylon profit nearly doubles on ethanol push
Annual revenue jumped 63% to ₹1,010 cr, with the new ethanol business contributing ₹324 cr. The board has greenlit a ₹25 cr debottlenecking investment to lift capacity.
Pasupati Acrylon's ethanol hit ₹324 cr. Now it's spending ₹25 cr to make more.
Revenue rose 63% to ₹1,010 cr and profit rose to ₹70 cr in FY26, with ethanol delivering ₹324 cr. The board is investing ₹25 cr to lift ethanol capacity 33%.
Asha Devi Goenka trims Kamadgiri Fashion stake to near zero
The promoter sold 45,000 shares in May, following a March exit, leaving her with just 0.15% of the company.
Ganesha Ecosphere scraps ₹500 cr Odisha project, trims margin outlook
Management is pivoting toward a smaller, brownfield expansion in Warangal while resetting FY27 consolidated EBITDA expectations to ₹225-250 cr.
Ganesha Ecosphere hits 105% capacity as Q4 profit climbs to ₹23.21 crore
The company pivots to brownfield expansion, abandoning its Odisha greenfield project in a search for scale.
Ganesha Ecosphere profit tanks 63% as margins fail to recover
Operating revenue remains flat at ₹1,481.66 cr, but the firm pumped ₹410 cr into subsidiaries via preference shares.
Ganesha Ecosphere scraps Odisha greenfield, expands Warangal unit
Board approves ₹125 cr brownfield expansion instead of building a new plant, lowering execution risk but reducing capacity ambitions.