A B Cotspin India Ltd

Order win and quarterly results

• Received domestic cotton yarn order worth ₹10.17 crore, to be executed within 2–3 months.
• Q1 FY27 total revenue ₹101.98 crore; PBT ₹6.84 crore; net profit ₹5.10 crore.
• Diluted EPS for Q1 FY27 is ₹2.32, up from ₹1.93 in Q1 FY26.
• FY2026-27 guidance remains ₹350-400 crore revenue and ₹50-60 crore EBITDA.
• Order book strengthened and provides visibility for upcoming quarters.
• Orders were received on 18 August 2026.

Purpose

• Approval of material related party transactions with ABCOTTON TEXTILES PRIVATE LIMITED.

Resolution

• Resolution 1: Ordinary to approve related party transactions with ABCOTTON TEXTILES PRIVATE LIMITED.

Outcome

• Promoter group: all votes in favour; promoter shares polled 1,15,29,842.
• Public non-institutions: 48,90,516 in favour; 0 against; 1,64,20,358 polled.
• Overall: 74.76% of outstanding shares polled; resolution approved.

Counterparty & terms

• Counterparty: ABCOTTON TEXTILES PRIVATE LIMITED; nature: material related party transactions.

Material impact

• Approval enables related party transactions; exact terms not disclosed in filing.

Date & process

• Postal ballot date: March 1, 2026; Scrutinizer: DR Associates; e-voting platform: CDSL.

Q1 FY27 Standalone Highlights

• Total revenue for Q1 FY27 was ₹101.98 crore, up 52.89% YoY.
• Net profit rose to ₹5.10 crore, up 20.93% YoY.
• PBT stood at ₹6.84 crore, up 17.79% YoY.
• PBT margin declined to 6.71% from 8.70%.
• Net profit margin declined to 5.00% from 6.33% and diluted EPS to ₹2.32.

Outlook and Guidance

• FY2026-27 total revenue guidance is ₹350-400 crore.
• FY2026-27 EBITDA guidance is ₹50-60 crore.

Appointment Details

• Ms. Nidhi Sharma appointed as Company Secretary and Compliance Officer (KMP) effective 12 Aug 2026.
• Board approved appointment on Aug 12, 2026 based on Nomination and Remuneration Committee recommendation.
• Ms. Nidhi Sharma is an Associate Member of ICSI, Membership No. A74591.
• Experience in corporate laws, secretarial compliance, governance, due diligence, and regulatory matters.
• Designated as Key Managerial Personnel (KMP) of the company.
• No relationships with directors or promoters disclosed.

Meeting Details

• Date: August 12, 2026.

Key Agenda Items

• To consider and approve unaudited standalone and consolidated financial results for quarter ended June 30, 2026.

Other Notes

• Trading window closed for Designated Persons and relatives from July 1, 2026 until 48 hours after results declaration.

Resignation of Company Secretary & Compliance Officer

• Rahul Kapasiya resigned as Company Secretary & Compliance Officer (KMP) to pursue opportunities outside, effective July 17, 2026.
• Board noted the resignation at the July 17, 2026 meeting.

Name Change

• Name-change approved at July 14, 2026 board meeting to A B Industries Limited, subject to approvals.

Certificate filing

• Certificate under Regulation 74(5) for the quarter received from registrar and share transfer agent.

FY26 results

• A B Cotspin India reported audited standalone and consolidated FY26 results.
• Consolidated revenue was ₹301.67 crore, up 0.25% year-on-year.
• EBITDA rose 29.04% to ₹42.41 crore, with margin expanding to 14.06%.
• Net profit increased 31.40% to ₹13.35 crore.

Capacity and sustainability

• Installed 14,592 additional spindles, taking total operational capacity to 50,832 spindles.
• Expanded solar power capacity from 2,500 KW to 3,131 KW.

Outlook

• Management expects FY27 revenue of ₹350-400 crore and EBITDA of ₹50-60 crore.