Banswara Syntex Ltd (NSE:BANSWRAS)
₹ 122.1 +1.76 (+1.46%) Market Cap: 4.18 Bil Enterprise Value: 8.89 Bil PE Ratio: 11.03 PB Ratio: 0.71 GF Score: 75/100

Q3 2025 Banswara Syntex Ltd Earnings Call Transcript

Jan 31, 2025 / 06:30 AM GMT
Release Date Price: ₹138.61 (+5.59%)

Key Points

Positve
  • Banswara Syntex Ltd (BOM:503722) reported a total income increase of 11.5% year-on-year for Q3 FY25, driven by a 32% growth in the fabric business.
  • The company successfully transitioned its Surat garment facility from a Special Economic Zone to a Domestic Tariff Area, allowing better capacity utilization and flexibility between domestic and export markets.
  • The fabric segment showed strong performance with a 32% revenue growth in Q3 FY25 compared to the previous year, and a 22% growth over nine months.
  • The company is experiencing a positive surge in inquiries and orders for its garment division, indicating strong future demand.
  • Banswara Syntex Ltd (BOM:503722) is well-positioned to capitalize on the shift in global sourcing strategies due to geopolitical issues in Bangladesh and the China plus one strategy, enhancing its market presence.
Negative
  • The yarn division witnessed a 5% decline in revenue for Q3 FY25 compared to the previous year, with a 12% dip over nine months due to subdued domestic demand.
  • Capacity utilization in the garment vertical was low at 41% for Q3 FY25, impacted by the transition of the Surat facility.
  • Despite improvements, the company acknowledged that the H2 results will not compensate for the poor performance in H1 FY25.
  • The company faces margin pressures in the garment business, particularly when competing with Bangladesh due to duty advantages.
  • Banswara Syntex Ltd (BOM:503722) is currently at the peak of its debt, with plans for debt reduction only starting after mid-next year.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BANS.NS - Banswara Syntex Ltd
Q3 2025 Banswara Syntex Ltd Earnings Call
Jan 31, 2025 / 06:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day. And welcome to Q3 and nine months FY25 earnings conference call hosted by BSAS Synex Limited. This conference call may contain forward-looking statements about the company which are based on the beliefs, opinions and expectations of the company. As on date of this call, these statements are not the guarantees of future performance and involve risk and uncertainties that are difficult to predict.

As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during this conference call? Please signal an operator by pressing star and zero on your touchtone phone.
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