GHCL Textiles Ltd
NSE:GHCLTEXTIL
GHCL Textiles Ltd
GHCL Textiles Limited is an India-based manufacturer and supplier of a range of yarns. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2023-06-12. The company is specialized in producing premium yarns, including GIZA, SUPIMA, Australian, and CmiA yarns, catering to both domestic and international markets. The company has a capacity of approximately 225,000 ring spindles, 3320 rotors, 480 vortex positions, and 5760 TFO spindles. The division produces 100% cotton and synthetic yarns. Its end products range from apparel ranging from yarn-dyed shirting and types of garments to home textile products such as bedsheets, bed linen, makeup, and curtains. Its manufacturing infrastructure has advanced textile machinery, including brands such as Rieter, Trutzschler, LMW, Suessen, Uster, Muratec, Saurer Schlafhorst, Savio, SSM, and others. The company exports primarily to target countries such as Italy, Sri Lanka, Bangladesh, Germany, and other South Asian nations. Its yarn operation locations are in Paravai, Madurai district, and Manaparai, Tiruchirappalli district, in Tamil Nadu.
GHCL Textiles Limited is an India-based manufacturer and supplier of a range of yarns. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2023-06-12. The company is specialized in producing premium yarns, including GIZA, SUPIMA, Australian, and CmiA yarns, catering to both domestic and international markets. The company has a capacity of approximately 225,000 ring spindles, 3320 rotors, 480 vortex positions, and 5760 TFO spindles. The division produces 100% cotton and synthetic yarns. Its end products range from apparel ranging from yarn-dyed shirting and types of garments to home textile products such as bedsheets, bed linen, makeup, and curtains. Its manufacturing infrastructure has advanced textile machinery, including brands such as Rieter, Trutzschler, LMW, Suessen, Uster, Muratec, Saurer Schlafhorst, Savio, SSM, and others. The company exports primarily to target countries such as Italy, Sri Lanka, Bangladesh, Germany, and other South Asian nations. Its yarn operation locations are in Paravai, Madurai district, and Manaparai, Tiruchirappalli district, in Tamil Nadu.
Revenue Growth: Q3 FY26 revenue was INR 351 crores, with 9-month revenue at INR 960 crores, up 9% year-on-year.
Profitability: Q3 EBITDA stood at INR 34 crores and PAT at INR 13 crores. 9-month EBITDA rose 23% year-on-year to INR 104 crores.
Margin Pressure: Sequential EBITDA margin decline was mainly due to higher power costs and lower spinning spreads.
Operational Excellence: Capacity utilization remained high at 98%, and the new 25,000-spindle unit stabilized well.
Vertical Integration: Phase 1 of knitting (15 machines) will complete in Q4 FY26; Phase 2 (25 machines) to be done in H1 FY27.
Credit Rating Upgrade: CARE Ratings upgraded the company to A/A1- in January 2026.
CapEx Update: Out of INR 1,000 crore planned investment, INR 650 crores deployed; remaining to be spent over 2-3 years.
Export Mix: Exports comprised about 9% of revenue YTD, down from 17% last year due to better domestic realizations.
