Swaraj Suiting FY26: Growth, Margins, and a Big Spinning Expansion

The company states it manufactures denim and cotton finished fabrics and cotton yarn, and operates across spinning, warping, yarn dyeing, weaving, fabric processing and finishing.

The presentation lists two units in Bhilwara, Rajasthan and two units in Neemuch, Madhya Pradesh.

FY26 revenue from operations was INR 5,767.4 million, EBITDA was INR 1,115.4 million, and profit after tax was INR 523.7 million, as per the standalone income statement in the presentation.

The company proposes an investment of about INR 4,200 million for spinning expansion, including ring spinning capacity of 12,254 TPA, an advanced material division pilot of 1,246 TPA, and open-end spinning capacity of 18,000 TPA.

Management commentary in the presentation states the new capacities are expected to become operational in about 12 months.

Yes. The presentation mentions the company launched its own denim brand, Swaraj Denim, in 2019.

The presentation states the company’s effluent treatment plant operates on a Zero Liquid Discharge basis with complete recycling of water used, and mentions a government subsidy of INR 10 million.