Bhilwara Spinners Posts Strong Turnaround in Q1 FY27 with Net Profit of Rs. 191 Lakhs

Bhilwara Spinners Limited has announced its unaudited financial results for the first quarter ended June 30, 2026, marking a robust operational turnaround and a return to profitability compared to the corresponding period of the previous fiscal year.

Impressive Revenue Surge and Income Growth

The company reported a major multi-fold jump in its top-line performance:

Revenue from Operations: Escalated to Rs. 3,384.02 Lakhs for the quarter ended June 30, 2026, demonstrating substantial growth compared to Rs. 267.09 Lakhs recorded in Q1 FY26. On a sequential basis, operational revenue stood close to the Rs. 3,456.47 Lakhs reported in Q4 FY26.

Other Income: Stood at Rs. 64.27 Lakhs, down from Rs. 94.27 Lakhs in the preceding quarter but significantly higher than the Rs. 4.30 Lakhs posted in Q1 FY26.

Total Income: Total income for Q1 FY27 arrived at Rs. 3,448.29 Lakhs, compared to Rs. 3,550.74 Lakhs in Q4 FY26 and Rs. 274.39 Lakhs in Q1 FY26.

Cost Structure and Operational Expenses

Total expenses for the quarter came in at Rs. 3,215.33 Lakhs, reflecting expanded production scale alongside controlled operational outlays:

Cost of Materials Consumed: Reached Rs. 2,402.76 Lakhs, up from Rs. 2,133.40 Lakhs in Q4 FY26 and Rs. 419.25 Lakhs in Q1 FY26.

Changes in Inventory: Adjusted by Rs. (157.22) Lakhs for stock in trade and work in progress.

Employee Costs: Stood at Rs. 173.78 Lakhs, compared to Rs. 144.29 Lakhs in Q4 FY26 and Rs. 76.62 Lakhs in Q1 FY26.

Finance Costs: Reached Rs. 442.03 Lakhs, compared to Rs. 67.27 Lakhs in Q4 FY26 and Rs. 82.20 Lakhs in Q1 FY26.

Depreciation & Amortisation: Recorded at Rs. 145.73 Lakhs, versus Rs. 143.78 Lakhs in Q4 FY26 and Rs. 105.46 Lakhs in Q1 FY26.

Other Expenditure: Stood at Rs. 508.25 Lakhs, up from Rs. 490.11 Lakhs in Q4 FY26 and Rs. 144.00 Lakhs in Q1 FY26.

Profitability Turnaround and Net Margins

Bhilwara Spinners achieved a complete turnaround from the net loss recorded in the year-ago period:

Operating Profit Before Tax: Reached Rs. 232.96 Lakhs, recovering from an operating loss before tax of Rs. (160.05) Lakhs in Q1 FY26. Profit before tax in Q4 FY26 stood at Rs. 313.29 Lakhs.

Tax Provision: Total tax expenses comprised a current tax credit of Rs. 38.89 Lakhs, deferred tax of Rs. 41.96 Lakhs, and MAT credit entitlement of Rs. 38.89 Lakhs.

Net Profit After Tax: The company achieved a Net Profit of Rs. 191.00 Lakhs for Q1 FY27, reversing a net loss of Rs. (213.84) Lakhs in Q1 FY26. Sequentially, net profit stood at Rs. 667.11 Lakhs in Q4 FY26.

Total Comprehensive Income: Stood at Rs. 191.00 Lakhs for the quarter, as no other comprehensive income items were recorded.

Balance Sheet Capital & Earnings Per Share

Earnings Per Share (EPS): Basic and diluted EPS turned positive to Rs. 2.44 per share (face value Rs. 10/- each, non-annualised), compared to a negative EPS of Rs. (2.36) in Q1 FY26 and Rs. 7.37 in Q4 FY26.

Equity Capital: Paid-up equity share capital remained consistent at Rs. 905.36 Lakhs.

Other Equity: Stood at Rs. 4,116.36 Lakhs as per the audited full-year disclosures for FY26.

Full-Year Context (FY 2025-26 Benchmark)

For the full year ended March 31, 2026, Bhilwara Spinners Limited delivered:

Revenue from Operations: Rs. 7,447.44 Lakhs

Total Income: Rs. 7,559.31 Lakhs

Total Expenditure: Rs. 7,366.27 Lakhs

Profit Before Tax: Rs. 256.15 Lakhs (including exceptional items of Rs. 63.11 Lakhs)

Net Profit: Rs. 490.80 Lakhs

Full-Year EPS: Rs. 5.42

Shares of BHILWARA SPINNERS LTD. was last trading in BSE at Rs. 126.15 as compared to the previous close of Rs. 131.20. The total number of shares traded during the day was 1602 in over 35 trades.

The stock hit an intraday high of Rs. 131.00 and intraday low of 126.10. The net turnover during the day was Rs. 203132.00.

Source : Equity Bulls

Keywords

BHILWARASPINNERS INE436C01014 Textiles Q1FY27 Q1FY2027 ResultUpdate