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Cravatex Ltd announced its audited financial results for the fiscal year ended March 31, 2026. The company reported a consolidated total income of ₹167.69 crore (₹16,769.33 lakh) and a consolidated profit after tax (PAT) of ₹6.80 crore (₹679.67 lakh) for the period.
This marks a significant increase from previous years. Consolidated PAT grew from ₹5.52 crore in FY25 and ₹2.55 crore in FY24 to ₹6.80 crore in FY26. Consolidated income also rose steadily, from ₹149.7 crore in FY25 to ₹167.69 crore in FY26. On a standalone basis, Cravatex reported revenue from operations of ₹3.14 crore (₹314.36 lakh) with a PAT of ₹2.14 crore (₹213.77 lakh) for FY26. Standalone revenue increased from ₹2.77 crore in FY25, and standalone PAT improved from ₹1.88 crore in FY25.
The Board of Directors has recommended a final dividend of ₹13 per share, equivalent to 130% on equity shares of ₹10 each. This recommendation is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The company has scheduled its 74th AGM for July 31, 2026. M/s Hemanshu Kapadia & Associates have been appointed as the Secretarial Auditors for the Financial Year 2026-27, ensuring continued compliance with corporate governance norms.
Cravatex Ltd is primarily engaged in the textiles, apparel manufacturing, and home furnishings business, operating through brands like Bombay Dyeing (licensed) and its own Eos brand, with a notable retail presence. The company has a history of rewarding shareholders; following dividends of ₹5 per share in FY22 and ₹8 per share in FY23 (with no dividend in FY24), the proposed ₹13 per share dividend for FY26 represents the highest in recent years. While the results indicate positive growth, investors should note that the textile and apparel sector is susceptible to volatility in raw material prices and fluctuations in consumer demand. Key aspects for shareholders to track include the approval of the recommended final dividend at the 74th AGM and its subsequent payout. Management commentary on future growth drivers and sector outlook, performance of its brands, and any further updates on retail expansion strategies will also be important.