Tamil Nadu-based cotton yarn spinner (open-end, vortex, ring-spun, TFO) expanding into knitted and griege fabric with captive green power
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 409 | +52.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 17.0 | +6.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 39.0 | +178.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 6.53 | +0.3 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -4.02 | −4.4 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 27.85 | +3.5 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Guidance
2 of 3 judged targets kept · 12 open · verdicts reflect calls analysed to Q1 FY27.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Capacity Addition (25,000 Spindles) | Operations expected to commence by June 2025 | Q3 FY25 | Continues to operate at optimum utilization as part of the spinning business. | Achieved |
| Working Capital Days | 110 to 120 days | Q4 FY26 | No specific number provided for working capital days. Topic discussed in context of cotton inventory. | Ghosted |
| Revenue from Value-Added Segment | 30% to 35% of revenues by 2029-30 | Q3 FY25 | Achieved 16% in Q1 FY27. Long-term target revised up to 30-40% of revenue in next 3 years. | Revised Up |
1 of GHCL Textiles Limited's 15 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 12 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: ₹79.07 on 24 Oct 2025 → ₹120.51. High ₹140.45 (1 Sept 2026), low ₹65.54 (30 Mar 2026).
Overview
Based on the company's own presentations, annual report and earnings calls.
GHCL Textiles is a spinning company that manufactures a wide range of cotton and blended yarns — open-end, vortex, ring-spun cotton, cellulosic/blended, and TFO double yarns — sold to domestic and international knitting and weaving customers. It earns revenue mainly from yarn sales, and is vertically integrating downstream into knitted and griege (woven) fabric using new knitting-machine capacity. The company also runs a rooftop and ground-mounted renewable energy portfolio that supplies a large share of its own manufacturing power needs.
Segments
close before → close after
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Guidance
2 of 3 judged targets kept · 12 open · verdicts reflect calls analysed to Q1 FY27.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Capacity Addition (25,000 Spindles) | Operations expected to commence by June 2025 | Q3 FY25 | Continues to operate at optimum utilization as part of the spinning business. | Achieved |
| Working Capital Days | 110 to 120 days | Q4 FY26 | No specific number provided for working capital days. Topic discussed in context of cotton inventory. | Ghosted |
| Revenue from Value-Added Segment | 30% to 35% of revenues by 2029-30 | Q3 FY25 | Achieved 16% in Q1 FY27. Long-term target revised up to 30-40% of revenue in next 3 years. | Revised Up |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 15 tracked commitments, with each call’s wording and source.
Call summaries
GHCL Textiles Limited Q1 FY27
GHCL Textiles Limited delivered a strong Q1 FY27, with revenue growing 52% YoY to ₹410 crores and healthy profitability. The company benefited from improved spreads and increased fabric sales due to vertical integration efforts. While demand tailwinds are strengthening, geopolitical uncertainties and raw material price volatility remain key watch areas for future quarters.
Read the full callGHCL Textiles Q4 FY26
GHCL Textiles reported a strong Q4 and FY26, with significant revenue and EBITDA growth driven by improved spreads and demand tailwinds from trade agreements. The company maintained a strong balance sheet and progressed on capacity expansion and vertical integration initiatives, including new spindles, knitting machines, and solar power. However, management noted global geopolitical risks, inflationary pressures, and a recent tapering of demand from China, while strategically managing cotton inventory.
Read the full callGHCL Textiles Q3 FY26
GHCL Textiles reported a strong 9M FY26 performance with 9% revenue growth and 23% EBITDA growth, alongside a credit rating upgrade. While Q3 saw pressure on spinning spreads and muted domestic demand, management noted signs of improvement from December. The company is on track with its vertical integration and green energy capex, aiming for higher margins and ROCE in the long term.
Read the full callEvery analysed call
Fundamentals
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
Net profit, year on year: +179% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 305 | 285 | 284 | 268 | 338 | 349 | 364 | 409 |
| Expenses | 278 | 262 | 253 | 238 | 301 | 317 | 322 | 340 |
| Operating profit | 27 | 23 | 31 | 30 | 37 | 32 | 41 | 69 |
| Operating margin | 9.0% | 8.0% | 11.0% | 11.0% | 11.0% | 9.0% | 11.0% | 17.0% |
| Other income | 2 | 3 | 1 | 2 | 1 | 2 | 11 | 1 |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 13 | 13 | 13 | 13 | 15 | 15 | 15 | 15 |
| Profit before tax | 16 | 13 | 19 | 18 | 22 | 18 | 35 | 53 |
| Tax rate | −29.0% | 26.0% | 25.0% | 25.0% | 26.0% | 26.0% | 22.0% | 25.0% |
| Net profit | 21 | 9 | 14 | 14 | 16 | 13 | 28 | 39 |
| EPS (₹ per share) | 2.16 | 0.98 | 1.49 | 1.41 | 1.67 | 1.38 | 2.89 | 4.12 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 1,053 | 1,162 | 1,319 |
| Expenses | 971 | 1,053 | 1,178 |
| Operating profit | 83 | 109 | 140 |
| Other income | 5 | 7 | 16 |
| Interest | 8 | 3 | 5 |
| Depreciation | 47 | 52 | 58 |
| Profit before tax | 34 | 64 | 93 |
| Net profit | 24 | 56 | 71 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 19 | 19 | 19 | 19 |
| Reserves | 0 | 0 | 1,367 | 1,418 | 1,443 | 1,483 |
| Borrowings | 0 | 0 | 72 | 63 | 57 | 134 |
| Other liabilities | 0 | 0 | 175 | 202 | 191 | 234 |
| Total liabilities | 0 | 0 | 1,633 | 1,703 | 1,710 | 1,870 |
| Fixed assets | 0 | 0 | 1,065 | 1,025 | 1,183 | 1,190 |
| Capital work in progress | 0 | 0 | 5 | 155 | 13 | 2 |
| Investments | 0 | 0 | 2 | 1 | 2 | 14 |
| Other assets | 0 | 0 | 561 | 522 | 512 | 664 |
| Total assets | 0 | 0 | 1,633 | 1,703 | 1,710 | 1,870 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor days | — | 41 | 37 | 47 |
| Inventory days | — | 174 | 137 | 172 |
| Days payable | — | 13 | 19 | 26 |
| Cash conversion cycle | — | 202 | 155 | 194 |
| Working capital days | — | 149 | 103 | 108 |
| Return on capital employed | — | 6.0% | 5.0% | 6.0% |
| Dividend payout | 0.0% | 19.0% | 9.0% | 8.0% |
Ownership
Public hold 66.76% as of Sept 2026; institutions cut 0.32 pts since Jun 2026.
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Named in the Sep 2026 filing
Every holder of GHCL Textiles Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| FPI fund | 4.90% | unchanged |
| FPI fund | 3.25% | unchanged |
| 3.12% | unchanged | |
| 3.08% | unchanged | |
| 2.93% | unchanged | |
| 2.92% | unchanged | |
| 2.84% | unchanged | |
| 2.71% | unchanged | |
| 1.72% | +0.56 pp | |
| 1.69% | unchanged | |
| 1.43% | unchanged | |
| 1.25% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Filings to Sep 2026
0 new, 0 added, 0 trimmed, 0 sold out — net +0.00 L shares (+0.0%).
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| HDFC Dividend Yield Fund HDFC Mutual Fund | ₹5 Cr | held | Jun '23 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Sep 2026
0 added, 0 trimmed — net 0 shares (+0.0%)
Shares held by these funds 0%
Oct '23 4.00 L shares Sep '26
Your own record
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