BSL Q1 FY27: Revenue Growth, Better Margins, High Leverage Remains

Total income was 169.84 crore, EBITDA was 14.41 crore (8.49% margin), and PAT was 1.72 crore (1.01% margin).

Total income increased 14.7% QoQ (169.84 crore vs 148.07 crore) and EBITDA rose 39.4% QoQ (14.41 crore vs 10.34 crore). PAT turned positive to 1.72 crore from a loss of 0.99 crore in Q4 FY26.

Q1 FY27 segment revenues were Yarn 70 crore, Fabric 63 crore, Furnishing 13 crore, Others 20 crore, and Cotton Fabric 4 crore (as shown in the segmental performance slide).

The company cites Zero Liquid Discharge since 2015, OEKO-TEX certifications, Vegan certification, an Agro-Fuel system replacing fossil fuels since July 2022, and 9.1 MW solar power installed covering about 18% of power consumption.

Installed capacities include 177 looms; 10,124 worsted spindles; 20,544 synthetic spindles; 400 vortex positions; fabric processing capacity of 336 lac meters; top, fiber and yarn dyeing capacity of 2,352 MT; and cotton yarn capacity of 29,184 spindles.

The company states export presence across 60+ countries and highlights focus on Europe, USA, Australia, South Korea, Taiwan, Bangladesh, Brazil, Africa, and Latin America.

Management highlights focus on higher capacity utilisation, improved product mix and cost efficiency, improving export demand especially from Africa, and potential support from trade agreements such as India-UK FTA and India-New Zealand FTA (signed April 2026), subject to entry into force.