Rishi Techtex Limited reported a 17% year-on-year revenue increase to Rs 146.95 crore for FY26. Profit after tax rose to Rs 2.50 crore, supported by expanded production capacity in its woven division. The company will seek shareholder approval at its September 24, 2026, Annual General Meeting for a Rs 95 crore related-party transaction with Centennial Fabrics Limited.
Rishi Techtex Posts 17% Revenue Growth in FY26
Revenue rose to Rs 146.95 crore from Rs 125.62 crore; PAT reached Rs 2.50 crore.
Reader Takeaway: Expanded capacity fuels growth, but investors must monitor raw material cost volatility and export headwinds.
What just happened
Rishi Techtex has released its FY26 Annual Report, showing a steady performance amid a challenging global trade environment. The company successfully increased its production capacity by commissioning a new automated lamination plant, bringing output to approximately 65-67 lakh bags monthly. Shareholders are set to vote on a Rs 95 crore material transaction with Centennial Fabrics Limited at the 42nd AGM on September 24, 2026.
Why this matters
The growth in the woven division, which recorded a 1,000-ton increase in bag sales, signals successful execution of operational expansion. Despite a 45% spike in polymer prices, the company managed to grow its net worth to Rs 36.64 crore, showcasing resilience in maintaining margins.
Risks to watch
Raw material price volatility remains a significant concern, as polymer price hikes compressed margins. Furthermore, exports to the Middle East face persistent logistics and freight cost challenges, keeping performance below pre-pandemic levels. The company's reliance on domestic markets is expected to grow as a strategic shift.
Context metrics
CRISIL assigned a rating of BBB-/Stable for long-term and A3 for short-term bank facilities in July 2026. EPS for the year stood at Rs 3.38, marking an 8.7% growth over the previous fiscal.