Banswara Syntex Limited
NSE: BANSWRAS · Other Textile Products · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 222 companies in Other Textile Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹9 cr vs borrowings ₹474 cr (FY26): borrowings are higher by ₹464 cr.
- Operating profit covered interest 2.1x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY23).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 45% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹99.83 on 2026-10-26: -30.7% from the 52-week high, +6.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 343 | 339 | 340 | 306 | 345 | 340 | 366 | 316 |
| EBITDA | 26 | 34 | 25 | 18 | 30 | 38 | 34 | 22 |
| OPM % | 7.5% | 9.9% | 7.5% | 5.8% | 8.7% | 11.1% | 9.3% | 7.0% |
| Other income | 3 | 2 | 7 | 4 | 3 | 4 | 4 | 7 |
| Net profit | 5 | 10 | 6 | -1 | 7 | 14 | 11 | 5 |
| EPS (₹) | 1.47 | 2.97 | 1.71 | -0.40 | 2.07 | 4.09 | 3.36 | 1.35 |
| Revenue YoY | +0.6% | +0.3% | +7.5% | +3.2% | ||||
| Profit YoY | +41.0% | +38.1% | +95.7% | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,190 | 1,499 | 1,264 | 1,293 | 1,356 | 1,366 |
| EBITDA | 122 | 197 | 101 | 101 | 120 | 124 |
| Net profit | 46 | 113 | 36 | 22 | 31 | 37 |
| EPS (₹) | 26.65 | 32.93 | 10.38 | 6.47 | 9.11 | 10.87 |
| Revenue growth | +26.0% | -15.7% | +2.3% | +4.9% | +2.9% | |
| Profit growth | +147.1% | -68.5% | -37.6% | +40.8% | +89.1% | |
| Dividend / share (₹) | 1.50 | 2.50 | 3.00 | 1.00 | 1.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -3.3% | +11.5% | +2.9% |
| Net profit | -34.8% | +16.5% | +89.1% |
| EPS | -34.8% | +1.4% | – |
| Share price | – | -13.6% (2y) | -18.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 509 | 535 | 559 | 585 |
| Borrowings | – | 371 | 353 | 452 | 474 |
| Cash & equivalents | – | 37 | 28 | 14 | 9 |
| Total assets | – | 1,069 | 1,070 | 1,197 | 1,272 |
| Fixed assets | – | 368 | 423 | 520 | 555 |
| Capital work in progress | – | 22 | 20 | 20 | 30 |
| Investments | – | 6 | 8 | 10 | 14 |
| Receivables | – | 212 | 207 | 201 | 244 |
| Inventory | – | 314 | 272 | 313 | 303 |
| Payables | – | 89 | 80 | 84 | 80 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 53 | 20 | 142 | 77 | 118 |
| Cash from investing | -47 | -99 | -90 | -137 | -95 |
| Cash from financing | 6 | 75 | -58 | 55 | -25 |
| Capex | 58 | 103 | 98 | 144 | 97 |
| Free cash flow | -5 | -83 | 45 | -67 | 21 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 22.1% | 6.6% | 4.0% | 5.3% |
| ROCE % | – | 19.5% | 8.5% | 6.8% | 7.6% |
| Debtor days | – | 52 | 60 | 57 | 66 |
| Inventory days | – | 182 | 179 | 210 | 193 |
| Payable days | – | 51 | 52 | 56 | 51 |
| Cash conversion cycle (days) | – | 183 | 187 | 211 | 208 |
| Working capital days | – | 53 | 62 | 55 | 47 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 54.13% |
| FIIs | 7.94% |
| Government | 0.00% |
| Public (non-institutions) | 37.94% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 54.19% | 54.19% | 54.19% | 54.19% | 54.19% | 54.19% | 54.19% | 54.13% |
| Promoter group | % |
|---|---|
| Shaleen Toshniwal | 12.51% |
| Ravindrakumar Toshniwal | 11.39% |
| Radhika R Toshniwal | 6.91% |
| Kavita Soni | 5.65% |
| Sonal Toshniwal | 4.87% |
| Navnita Mehra | 4.69% |
| Niral Trading Pvt Ltd | 3.28% |
| Lawson Trading Co. Pvt Ltd | 2.37% |
| Speedshore Trading Co. Pvt Ltd | 1.18% |
| Moonfine Trading Co. Pvt Ltd | 1.14% |
| Udit Ravindra Toshniwal | 0.11% |
| Rakesh Mehra | 0.04% |
| Dhruv Toshniwal | 0.00% |
| Public holders above 1% | % |
|---|---|
| Unico Global Opportunites Fund Limited | 3.85% |
| Ebisu Global Opportunites Fund Limited | 3.68% |
| Indus Kamdhenu Fund Ltd | 3.51% |
| Hitesh Satishchandra Doshi | 1.62% |
| Nirbhay Mahawar | 1.39% |
| Investor Education and Protection Fund (IEPF) | 1.27% |
| Nirzar Securities LLP | 1.07% |
11,021 shareholders. Pledged: 0.00% of promoter shares.
Peers in Other Textile Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SIYSIL | ₹43,629 cr | 184.0x | 29.9x | 17.3% | 19.4% | 12.6% | +4.8% | 0.12% |
| KPRMILL | ₹34,532 cr | 37.9x | 6.1x | 17.1% | 19.8% | 19.5% | +2.4% | 0.50% |
| WELSPUNLIV | ₹19,740 cr | 71.8x | 4.0x | 5.7% | 8.0% | 8.7% | +5.1% | 1.06% |
| VTL | ₹14,110 cr | 16.6x | 1.3x | 8.3% | 9.2% | 13.6% | -0.9% | 1.04% |
| TRIDENT | ₹10,513 cr | 26.4x | 2.2x | 8.4% | 10.0% | 12.9% | +1.9% | 2.41% |
| ICIL | ₹7,906 cr | 52.4x | 3.4x | 6.5% | 9.8% | 9.7% | +11.2% | 0.50% |
| GARFIBRES | ₹7,048 cr | 34.0x | 5.2x | 14.6% | 21.4% | 17.7% | +5.4% | 1.33% |
| KUSUMGAR | ₹5,714 cr | – | – | – | – | – | – | – |
| FILATEX | ₹4,202 cr | 22.0x | 2.8x | 13.5% | 18.1% | 8.1% | -1.1% | 0.27% |
| BANSWRAS | ₹342 cr | 9.2x | 0.6x | 6.5% | 8.2% | 9.1% | -3.3% | 1.00% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-23 | Dividend | Dividend - Re 1 Per Share |
| 2025-07-23 | Dividend | Dividend - Re 1 Per Share |
| 2024-07-30 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2023-07-28 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2022-09-08 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share |
| 2022-07-21 | Dividend | Annual General Meeting/Dividend - Rs 2.50 Per Share |
| 2021-09-16 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2020-09-10 | Other | Annual General Meeting |
| 2020-02-27 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2019-09-19 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2018-09-14 | Dividend | Annual General Meeting/Dividend Re 1 Per Share |
| 2017-09-06 | Dividend | Annual General Meeting/Dividend - Re 1/- Per Share |
| 2016-08-18 | Dividend | Annual General Meeting/ Dividend - Rs 2/- Per Share (Book Closure End Date Revised) |
| 2015-09-03 | Dividend | Annual General Meeting/Dividend Re 1/- Per Share |
| 2014-09-04 | Dividend | Annual General Meeting/Dividend Rs.3/- Per Share |
| 2013-08-14 | Dividend | Annual General Meeting/Dividend Rs 1.50/- Per Share |
| 2012-08-02 | Dividend | Annual General Meeting And Dividend Rs. 1.50/- Per Share |
| 2011-07-28 | Dividend | Annual General Meeting And Dividend Rs.3/- Per Share |
| 2010-11-04 | Dividend | Interim Dividend-Rs.2/- Per Share |
| 2010-08-05 | Dividend | Annual General Meeting And Final Dividend Rs.2/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Other Textile Products |
| Sub-industry | Other Textile Products |
| Symbol | BANSWRAS |
| BSE code | 503722 |
| ISIN | INE629D01020 |
| Face value | ₹5.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.