Ashnoor Textile Mills Ltd

Financial results & audit status

• Standalone unaudited results for quarter ended 30 June 2026 approved by Board.
• Limited Audit Review completed by statutory auditors; results prepared under IND-AS.
• No subsidiary; no consolidated accounts required.
• No deviation in proceeds disclosed; not applicable.
• Auditor's review report states no material misstatement or non-disclosure.
• Board meeting held on 12 August 2026; Audit Committee reviewed results.

Meeting Details

• Date of board meeting: August 12, 2026.
• Time and location: Not disclosed.

Key Agenda Items

• Unaudited Q-1 FY 2026-27 results (ended June 30, 2026) to be considered.

Other Notes

• Trading window closed from July 1, 2026 to August 17, 2026.

Ashnoor Textile Mills Ltd: Trading Window closed from July 1, 2026 till 48 hours after the conclusion of the Board meeting in which the Unaudited Financial Results for the quarter ended June 30, 2026 will be approved.

Credit Rating Action

• CRISIL reaffirmed ratings for Ashnoor Textile Mills Limited's bank facilities

Instruments/Facilities Rated

• Total bank loan facilities rated at INR 80 crore
• Long-term rating: CRISIL BBB- with Stable outlook
• Short-term rating: CRISIL A3

Rating Agency

• Ratings assigned and reviewed by CRISIL Ratings Limited

Facility-wise Ratings

• Long Term Loan from Bank of Baroda: CRISIL BBB-/Stable
• Non-Fund Based Limit from Bank of Baroda: CRISIL A3
• Packing Credit from Bank of Baroda: CRISIL A3

Rating Surveillance and Validity

• Ratings are under continuous surveillance and review by CRISIL
• Current ratings valid until September 30, 2026

Financial Performance 📊

• Revenue from operations for Q3 Dec 2025: ₹29,453.9 lakhs, down from ₹43,131.0 lakhs in Q3 Dec 2024.
• Total income for Q3 Dec 2025: ₹29,846.0 lakhs, decreased from ₹43,151.4 lakhs in Q3 Dec 2024.
• Profit after tax for Q3 Dec 2025: ₹1,814.4 lakhs, down from ₹7,007.9 lakhs in Q3 Dec 2024.
• Basic and diluted EPS for Q3 Dec 2025: ₹1.14, down from ₹1.87 in Q3 Dec 2024.
• Nine months ended Dec 2025 revenue from operations: ₹185,498 lakhs, down from ₹1,373,200 lakhs previous year.
• Nine months ended Dec 2025 profit after tax: ₹70,079 lakhs, down from ₹141,421 lakhs previous year.

Expenses & Costs 📊

• Cost of materials consumed for Q3 Dec 2025: ₹19,995.2 lakhs, down from ₹37,850.3 lakhs in Q3 Dec 2024.
• Employee benefits expense for Q3 Dec 2025: ₹597.8 lakhs, slightly up from ₹596.8 lakhs in Q3 Dec 2024.
• Finance costs for Q3 Dec 2025: ₹1,041.6 lakhs, down from ₹1,231.3 lakhs in Q3 Dec 2024.
• Depreciation and amortization expense for Q3 Dec 2025: ₹1,441.5 lakhs, stable versus ₹1,439.8 lakhs in Q3 Dec 2024.
• Administration and other expenses for Q3 Dec 2025: ₹2,522.7 lakhs, down from ₹3,844.6 lakhs in Q3 Dec 2024.
• Total expenses for Q3 Dec 2025: ₹27,174.5 lakhs, down from ₹38,942.6 lakhs in Q3 Dec 2024.

Profitability & Ratios 📊

• Profit before tax for Q3 Dec 2025: ₹2,671.5 lakhs, down from ₹9,103.5 lakhs in Q3 Dec 2024.
• Debt service coverage ratio for Q3 Dec 2025: 1.50; current ratio: 2.43.

Audit & Corporate Structure 🗒️

• Limited audit review completed with no material misstatements reported.
• Company operates in a single segment: textile towels.
• No subsidiaries; no consolidated accounts prepared.
• No defaults on loans or debt securities; no debt securities issued.

Meeting Details

• Board meeting scheduled for August 13, 2025

Key Agenda Items

• Consideration of audited financial results for Q1 FY 2025-26 ending June 30, 2025