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

Q2 2026 Banswara Syntex Ltd Earnings Call Transcript

Nov 11, 2025 / 08:30 AM GMT
Release Date Price: ₹118.08 (+2.63%)

Key Points

Positve
  • Banswara Syntex Ltd (BOM:503722) reported a 12.2% sequential increase in total income, reaching 347.4 crores in Q2 FY26.
  • The company's gross margins remained strong, consistently above 50%, highlighting operational efficiency and product mix optimization.
  • The fabric division showed strong performance with a 13% year-on-year revenue increase and a 27% quarter-on-quarter rise, supported by healthy demand in domestic and international markets.
  • The garment division reported a 7% sequential growth and a 13% year-on-year increase for the first six months, maintaining stability despite a challenging environment.
  • Banswara Syntex Ltd (BOM:503722) has managed to maintain steady growth through long-standing client relationships and strategic market diversification, particularly in regions with lower tariffs than the US.
Negative
  • The company's net debt increased by 52.7 crores over the previous year, primarily due to ongoing capital expenditure and higher working capital requirements.
  • The yarn division experienced flat growth, with capacity utilization impacted by labor shortages, although this has improved in the second quarter.
  • Higher depreciation and interest costs have resulted in marginally lower PBT and PAT compared to the previous year.
  • The US tariffs continue to pose challenges, impacting the garment division's ability to export directly to the US market.
  • The Turkish market, once a significant market for Banswara Syntex Ltd (BOM:503722), has become less viable due to high inflation and cost structures, necessitating market adjustments.


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

BANS.NS - Banswara Syntex Ltd
Q2 2026 Banswara Syntex Ltd Earnings Call
Nov 11, 2025 / 08:30AM 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 the Q2 NHYFY26 earnings conference call hosted by Banswara Syntax Limited. 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 the conference call, please signal an operator by pressing, then 0 on your touchstone phone. Please note that this conference has been recorded. I now hand the conference over to Mr. Ravindra Kumar Toshniwal, Vice Chairman from Vanswara Syntax Limited.

Thank you and over to you, sir.

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Unidentified_2 [2]
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