Q3 2026 GHCL Textiles Ltd Earnings Call Transcript
Key Points
- GHCL Textiles Ltd (BOM:543918) reported a 9% increase in revenue for the nine months of FY26 compared to the same period last year.
- The company's EBITDA for the nine months of FY26 increased by 23% compared to the same period last year.
- The credit rating of GHCL Textiles Ltd was upgraded by CARE Ratings, reflecting confidence in the company's financial stability.
- The company's 25,000 spindle unit is operating at 98% utilization, contributing to volume and efficiency.
- GHCL Textiles Ltd is making progress in its vertical integration strategy, with new knitting capacity installations underway.
- Global yarn markets are facing volatility due to tariff uncertainties, impacting demand.
- Spinning spreads were under pressure in Q3 due to demand uncertainty and rising cotton prices.
- The company's export revenue has decreased as a strategic decision to focus more on the domestic market.
- The sequential decline in EBITDA margin was attributed to higher power costs and compression in spreads.
- The company is operating with a low level of liquidity, raising concerns about financial flexibility.
Ladies and gentlemen, good day, and welcome to the GHCL Textiles Limited Q3 and nine-month FY26 earnings conference call hosted by Go India Advisors. (Operator Instructions)
I now hand the conference over to Mehal Gogia from Go India Advisors. Thank you, and over to you, ma'am.
Thank you. Good morning, one and all. It's my pleasure to welcome you on behalf of GSPL Textiles Limited. Thank you for joining us today for the Q3 and 9M FY26 earnings call. Today on the call, we are joined by Mr.
R.S. Jalan, Non-Executive Director; Mr. Raman Chopra, Non-Executive Director; Mr. Marshal Sonavane, CEO; Mr. M. Parasuraman, CFO; and Mr. Manu Jain, Senior General Manager, Finance and Accounts. Please note that today's discussion may include certain forward-looking statements. Therefore, they must be viewed in conjunction with the risks that the company faces.
I now invite Mr. Marshal to present his opening remarks, after which we will open the floor for Q&A. Over to you, sir.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
