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Sanathan Textiles Ltd

SANATHAN·NSE
506.35+7.44%Wed, 23 Sept '26 15:53

Sanathan Textiles Ltd

SANATHAN
NSE
506.35
+7.44%
|Wed, 23 Sept '26 15:53
SOICxStockScans Reports
6M
Price
Charts
Documents

Quick Ratios

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Mkt Cap
Market Capitalization
4,296Cr
Close
Close Price
509.00
Industry
Industry
Textiles - Spinning
PE
Price To Earnings
70.79
PS
Price To Sales
0.98
Revenue
Revenue
4,401Cr
Rev Gr TTM
Revenue Growth TTM
48.53%
PAT Gr TTM
PAT Growth TTM
-59.72%

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
7467807567817427437327458181,0791,1691,335
Growth YoY
Revenue Growth YoY%
-0.5-4.8-3.2-4.610.245.159.779.1
Expenses
ExpensesCr
6947206777056846856646767551,0211,0751,227
Operating Profit
Operating ProfitCr
5261797658586870635794108
OPM
OPM%
7.07.810.59.87.87.99.39.37.75.38.18.1
Other Income
Other IncomeCr
6210745327464
Interest Expense
Interest ExpenseCr
5655552518363739
Depreciation
DepreciationCr
111111111112121218313235
PBT
PBTCr
414572674547575533-53138
Tax
TaxCr
11102017131314151301015
PAT
PATCr
303452503334444020-52224
Growth YoY
PAT Growth YoY%
7.7-0.2-16.5-19.3-38.2-114.0-50.6-41.1
NPM
NPM%
4.14.46.96.44.44.66.05.42.5-0.41.81.8
EPS
EPS
4.24.87.37.04.54.75.24.82.4-0.62.62.8
QuarterSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
7467807567817427437327458181,0791,1691,335
Growth YoY
Revenue Growth YoY%
-0.5-4.8-3.2-4.610.245.159.779.1
Expenses
ExpensesCr
6947206777056846856646767551,0211,0751,227
Operating Profit
Operating ProfitCr
5261797658586870635794108
OPM
OPM%
7.07.810.59.87.87.99.39.37.75.38.18.1
Other Income
Other IncomeCr
6210745327464
Interest Expense
Interest ExpenseCr
5655552518363739
Depreciation
DepreciationCr
111111111112121218313235
PBT
PBTCr
414572674547575533-53138
Tax
TaxCr
11102017131314151301015
PAT
PATCr
303452503334444020-52224
Growth YoY
PAT Growth YoY%
7.7-0.2-16.5-19.3-38.2-114.0-50.6-41.1
NPM
NPM%
4.14.46.96.44.44.66.05.42.5-0.41.81.8
EPS
EPS
4.24.87.37.04.54.75.24.82.4-0.62.62.8

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
3,1853,3292,9582,9993,8114,401
Growth
Revenue Growth%
4.5-11.21.427.148.5
Expenses
ExpensesCr
2,6483,0702,7312,7363,5274,078
Operating Profit
Operating ProfitCr
538260227263284323
OPM
OPM%
16.97.87.78.87.57.3
Other Income
Other IncomeCr
161622171921
Interest Expense
Interest ExpenseCr
3222231896130
Depreciation
DepreciationCr
4243444693116
PBT
PBTCr
47920918121611598
Tax
TaxCr
1245748563737
PAT
PATCr
3551531341607761
Growth
PAT Growth%
-57.0-12.419.9-51.8-59.7
NPM
NPM%
11.24.64.55.32.01.4
EPS
EPS
49.421.218.621.39.27.2
Financial YearMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
3,1853,3292,9582,9993,8114,401
Growth
Revenue Growth%
4.5-11.21.427.148.5
Expenses
ExpensesCr
2,6483,0702,7312,7363,5274,078
Operating Profit
Operating ProfitCr
538260227263284323
OPM
OPM%
16.97.87.78.87.57.3
Other Income
Other IncomeCr
161622171921
Interest Expense
Interest ExpenseCr
3222231896130
Depreciation
DepreciationCr
4243444693116
PBT
PBTCr
47920918121611598
Tax
TaxCr
1245748563737
PAT
PATCr
3551531341607761
Growth
PAT Growth%
-57.0-12.419.9-51.8-59.7
NPM
NPM%
11.24.64.55.32.01.4
EPS
EPS
49.421.218.621.39.27.2

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
7272728484
Reserves
ReservesCr
9151,0681,2031,7241,788
Current Liabilities
Current LiabilitiesCr
4594665056741,426
Non Current Liabilities
Non Current LiabilitiesCr
3503004231,0461,416
Total Liabilities
Total LiabilitiesCr
1,7961,9072,2043,5284,714
Current Assets
Current AssetsCr
8608029098571,526
Non Current Assets
Non Current AssetsCr
9361,1051,2942,6713,188
Total Assets
Total AssetsCr
1,7961,9072,2043,5284,714
Financial YearMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
7272728484
Reserves
ReservesCr
9151,0681,2031,7241,788
Current Liabilities
Current LiabilitiesCr
4594665056741,426
Non Current Liabilities
Non Current LiabilitiesCr
3503004231,0461,416
Total Liabilities
Total LiabilitiesCr
1,7961,9072,2043,5284,714
Current Assets
Current AssetsCr
8608029098571,526
Non Current Assets
Non Current AssetsCr
9361,1051,2942,6713,188
Total Assets
Total AssetsCr
1,7961,9072,2043,5284,714

Cash Flow

Consolidated
Standalone
Financial YearMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
295362192383322
Investing Cash Flow
Investing Cash FlowCr
-96-235-245-1,441-631
Financing Cash Flow
Financing Cash FlowCr
-199-126741,059289
Net Cash Flow
Net Cash FlowCr
-11211-20
Free Cash Flow
Free Cash FlowCr
254149-21-1,144-264
CFO To PAT
CFO To PAT%
82.9237.2143.3238.9416.8
CFO To EBITDA
CFO To EBITDA%
54.8139.684.6145.9113.4
Financial YearMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
295362192383322
Investing Cash Flow
Investing Cash FlowCr
-96-235-245-1,441-631
Financing Cash Flow
Financing Cash FlowCr
-199-126741,059289
Net Cash Flow
Net Cash FlowCr
-11211-20
Free Cash Flow
Free Cash FlowCr
254149-21-1,144-264
CFO To PAT
CFO To PAT%
82.9237.2143.3238.9416.8
CFO To EBITDA
CFO To EBITDA%
54.8139.684.6145.9113.4

Ratios

Consolidated
Standalone
Financial YearMar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
3,0533,0404,296
Price To Earnings
Price To Earnings
19.039.370.8
Price To Sales
Price To Sales
1.00.81.0
Price To Book
Price To Book
1.71.62.3
EV To EBITDA
EV To EBITDA
15.215.416.7
Profitability Ratios
Profitability Ratios
GPM
GPM%
23.414.313.114.413.213.2
OPM
OPM%
16.97.87.78.87.57.3
NPM
NPM%
11.24.64.55.32.01.4
ROCE
ROCE%
37.516.312.48.16.26.2
ROE
ROE%
36.013.410.58.94.14.1
ROA
ROA%
19.88.06.14.51.61.6
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
Financial YearMar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
3,0533,0404,296
Price To Earnings
Price To Earnings
19.039.370.8
Price To Sales
Price To Sales
1.00.81.0
Price To Book
Price To Book
1.71.62.3
EV To EBITDA
EV To EBITDA
15.215.416.7
Profitability Ratios
Profitability Ratios
GPM
GPM%
23.414.313.114.413.213.2
OPM
OPM%
16.97.87.78.87.57.3
NPM
NPM%
11.24.64.55.32.01.4
ROCE
ROCE%
37.516.312.48.16.26.2
ROE
ROE%
36.013.410.58.94.14.1
ROA
ROA%
19.88.06.14.51.61.6
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
- **Sanathan Textiles is fundamentally a yarn maker that turns petrochemicals and cotton into the thread that becomes your clothes, your car seats, and the ropes on a fishing boat - it is the quiet backbone of the textile world**. The company was incorporated in 2005 and took over a polyester yarn business in 2006 with just 4,500 tonnes of annual capacity, and over two decades it has grown into one of India’s most diversified spinners by repeatedly betting on integration: first by tripling polyester capacity in a single plant, then by adding cotton, and later by moving into high-strength technical yarns, each step funded by the cash flows of the last. That recurring approach - build a fully integrated plant, run it at high efficiency, and use the stability to enter the next adjacent yarn category - explains everything that follows. # Business segments Three yarn engines under one roof - a polyester giant that pays the bills, a premium cotton business built on fine counts, and a technical-textiles niche that sells strength - all sharing the same manufacturing backbone and customer network. ## 1. Polyester filament yarn: the industrial-scale cash engine **A fully integrated setup that converts petrochemicals into finished yarn without middlemen, running at a scale that makes it the company’s financial fulcrum.** - **Raw material in, finished yarn out** - the Silvassa plant runs a continuous polymerisation line that takes PTA and MEG (the two petrochemical building blocks) and turns them directly into spools of yarn, skipping the intermediate chip-buying step that smaller rivals depend on. - **Scale that few can match** - with 456,250 tonnes of installed polyester capacity, and a further 91,250 tonnes coming in Punjab’s Phase 2, the company can serve large customers who need consistent supply across dozens of yarn types. - **Two plants, two cost advantages** - the Silvassa site sits near western ports, so roughly half its raw material arrives cheaply by sea, while the Punjab plant has tied up supply from Indian Oil’s nearby Panipat refinery and burns agricultural waste for heating, giving it a power-cost edge over grid-dependent competitors. - **A product for every use** - the range spans nine yarn types, from the stretchy DTY used in sportswear to recycled yarn made from PET bottle waste and certified under the Global Recycled Standard, so the company is not tied to any single fashion trend. ## 2. Cotton yarn: the premium companion **Fine-count combed compact yarns spun on 1.32 lakh spindles, sold under a branded range to customers who will pay for consistency.** - **Fine counts for demanding surfaces** - the division spins yarns in counts from 40s to 60s, the kind used in shirtings, bedsheets and innerwear where softness and evenness are non-negotiable, and sells them under the “PURO” brand to signal quality. - **Compact spinning as the differentiator** - the combed compact process removes short fibres and aligns the rest, producing a cleaner, stronger yarn with less hairiness, which matters to fabric makers who want fewer breaks on their looms. - **A new cotton base in central India** - a greenfield plant is coming up in Madhya Pradesh, a state with its own cotton-growing belt, which should shorten the distance between field and factory and tap into the local textile ecosystem. ## 3. Technical-textile yarns: the strength specialist **High-tenacity yarns for things that must not break - geogrids, bulletproof jackets, undersea cables - made on a line that doubles as its own raw-material supplier.** - **Strength comes from the chip** - the division starts with high-IV PET chips, which it makes in-house on a solid-state polymerisation (SSP) plant rather than buying them, giving it control over the viscosity that determines how much load a yarn can bear. - **A catalogue of extreme-use products** - the range includes low-shrinkage yarns for coated fabrics, high-tenacity yarns for industrial ropes and fishing nets, and super-low-shrinkage variants for optical cables and firefighting gear, applications where failure is not an option. - **Doubling down on a niche** - capacity is being expanded from 9,000 to 18,000 tonnes at Silvassa, a bet that demand for technical textiles will keep growing as infrastructure and safety standards rise. # Shared manufacturing backbone **Two plants, one operating playbook: automate, integrate, and run at 96% efficiency so that all three yarn engines draw from the same low-cost base.** - **Silvassa as the anchor** - the 50-acre site houses polyester, cotton and technical-textile lines together, handles 50,000 SKUs, and uses automated doffing, transport and warehousing to keep labour dependency low and output predictable. - **Punjab as the northern beachhead** - the new 80-acre plant is the first fully integrated polyester yarn factory in North India, placing capacity right next to the Delhi-Ludhiana-Panipat textile cluster and its one-million-tonne yarn market. - **One system, real-time visibility** - SAP-integrated tools track inventory, procurement and production across both sites, and the company is layering on cloud-based platforms for traceability and resource optimisation. # Group structure and partners **A family-led board with four executive directors from the Dattani family, two wholly owned subsidiaries that hold the Punjab expansion and the renewable-energy stake, and a customer list that reads like a who’s-who of Indian textiles.** - **The holding structure** - Sanathan Polycot Private Limited is the material subsidiary that owns the Punjab greenfield and the 26% stake in the Serentica renewables vehicle; Universal Texturisers Private Limited is the second subsidiary. - **A sticky customer base** - over 7,000 customers across India and 27 countries, with a 92% retention rate, and long-standing relationships with names like Welspun, Raymond, Arvind, Page Industries and SRF.

Documents — Sanathan Textiles Ltd

  • Q1 FY2027 Earnings Call Transcript (Jun 2026, PDF): https://www.stockscans.in/document/3sb3t7xdd9epoyackuzy8bib.pdf
  • Q4 FY2026 Earnings Call Transcript (Mar 2026, PDF): https://www.stockscans.in/document/1dp27bxyo0vesn1j7xtvyhpj.pdf
  • Q3 FY2026 Earnings Call Transcript (Dec 2025, PDF): https://www.stockscans.in/document/tyvg2ycgs2geafggutcj0a5s.pdf
  • Q2 FY2026 Earnings Call Transcript (Sep 2025, PDF): https://www.stockscans.in/document/bghuook9quesmlsp4gcvx98o.pdf
  • Q1 FY2026 Earnings Call Transcript (Jun 2025, PDF): https://www.stockscans.in/document/2plk3j6fsih471pvsi5goiv7.pdf
  • Q4 FY2025 Earnings Call Transcript (Mar 2025, PDF): https://www.stockscans.in/document/z71jo3vsyosg2bpalout2izy.pdf
  • Q3 FY2025 Earnings Call Transcript (Dec 2024, PDF): https://www.stockscans.in/document/hrs9iof6m91k8o15d6nd91fz.pdf
  • Q1 FY2027 Quarterly Result (Jun 2026, PDF): https://www.stockscans.in/document/oz27o04moq3k2bk6etnkk8zc.pdf
  • Q4 FY2026 Quarterly Result (Mar 2026, PDF): https://www.stockscans.in/document/glb4wp1dtztspxueucs4uhjt.pdf
  • Q3 FY2026 Quarterly Result (Dec 2025, PDF): https://www.stockscans.in/document/h2k32rcl02ovzggh5g0j6ctf.pdf
  • Q2 FY2026 Quarterly Result (Sep 2025, PDF): https://www.stockscans.in/document/5rh1gs5emot80q912c4msutj.pdf
  • Q4 FY2025 Quarterly Result (Mar 2025, PDF): https://www.stockscans.in/document/zpv2s8fwoleoajvnx7dwgp0i.pdf
  • Q3 FY2025 Quarterly Result (Dec 2024, PDF): https://www.stockscans.in/document/p2pa6icwvuon8tzoi305dt1q.pdf
  • Q1 FY2027 Investor Presentation (Jun 2026, PDF): https://www.stockscans.in/document/amls1xghdr5omln4uenesqss.pdf
  • Q4 FY2026 Investor Presentation (Mar 2026, PDF): https://www.stockscans.in/document/hylio9ychsmnizoystowmb9c.pdf
  • Q3 FY2026 Investor Presentation (Dec 2025, PDF): https://www.stockscans.in/document/f6ocl9lpgxg61sc738gdkud6.pdf
  • Q2 FY2026 Investor Presentation (Sep 2025, PDF): https://www.stockscans.in/document/dgj758pbyukn4ft66jaldzrc.pdf
  • Q1 FY2026 Investor Presentation (Jun 2025, PDF): https://www.stockscans.in/document/tqmepyyrtykhqdoclz1c5hkb.pdf
  • Q4 FY2025 Investor Presentation (Mar 2025, PDF): https://www.stockscans.in/document/ey995ipc1e47o4xfodyilv3i.pdf
  • Q3 FY2025 Investor Presentation (Dec 2024, PDF): https://www.stockscans.in/document/mjnxpppy6lah45qsk7fjd178.pdf
  • FY2026 Annual Report (PDF): https://www.stockscans.in/document/3a1bauvnl45ji87p6zyvuyhp.pdf
  • FY2025 Annual Report (PDF): https://www.stockscans.in/document/3oglooewt06cypmrhdct1jqj.pdf

Concall Transcript Summaries — Sanathan Textiles Ltd

  • Q1 FY2027 Concall Transcript Summary (Jun 2026): https://www.stockscans.in/company/NSE%3ASANATHAN/transcript-notes/202606/3sb3t7xdd9epoyackuzy8bib.pdf
  • Q4 FY2026 Concall Transcript Summary (Mar 2026): https://www.stockscans.in/company/NSE%3ASANATHAN/transcript-notes/202603/1dp27bxyo0vesn1j7xtvyhpj.pdf
  • Q3 FY2026 Concall Transcript Summary (Dec 2025): https://www.stockscans.in/company/NSE%3ASANATHAN/transcript-notes/202512/tyvg2ycgs2geafggutcj0a5s.pdf
  • Q2 FY2026 Concall Transcript Summary (Sep 2025): https://www.stockscans.in/company/NSE%3ASANATHAN/transcript-notes/202509/bghuook9quesmlsp4gcvx98o.pdf
  • Q1 FY2026 Concall Transcript Summary (Jun 2025): https://www.stockscans.in/company/NSE%3ASANATHAN/transcript-notes/202506/2plk3j6fsih471pvsi5goiv7.pdf
  • Q4 FY2025 Concall Transcript Summary (Mar 2025): https://www.stockscans.in/company/NSE%3ASANATHAN/transcript-notes/202503/z71jo3vsyosg2bpalout2izy.pdf
  • Q3 FY2025 Concall Transcript Summary (Dec 2024): https://www.stockscans.in/company/NSE%3ASANATHAN/transcript-notes/202412/hrs9iof6m91k8o15d6nd91fz.pdf