BSL Ltd

Appointment: COO

• Appointed Shri Anurag Mathur as Chief Operating Officer (SMP) with effect from 22 August 2026.
• Reason: based on Nomination and Remuneration Committee recommendation.
• Professional profile not disclosed in filing.

Relodgement status July 2026

• July 2026 relodgement: 0 requests received, processed, approved, or rejected; average processing time not applicable.

Financial highlights

• Q1 FY27 revenue ₹169.7 crore, up 14.8% QoQ and 7.4% YoY.
• Gross profit ₹75.4 crore, up 10.9% QoQ and 9.4% YoY; margin 44.4%.
• EBITDA ₹14.4 crore; margin 8.5%, up 39.4% QoQ and 14.2% YoY.
• PAT ₹1.7 crore; margin 1.0%, up from ₹0.5 crore YoY.

Outlook & strategic focus

• Exports demand, especially Africa, improving; scope to expand international business.
• US tariff environment clarity expected; India-NZ FTA and India-Oman CEPA support outlook.
• Priorities: higher capacity utilization, better product mix, cost efficiency.

Operational capacity and product mix

• Cotton Fabric business commenced in October 2025.
• Annual fabric production capacity over 20 million metres.

Business Overview

• Vertically integrated textile manufacturer producing fabrics, yarns, and textile solutions.
• Fully integrated across spinning, weaving, processing, dyeing, finishing; ~45-acre Bhilwara campus.
• Export presence in 60+ countries; supplier to IKEA; focus on premium/value-added products.

Operational Highlights

• Cotton Fabric business commenced October 2025.
• Q1 FY27: revenue ₹169.7cr; YoY +7.4%, QoQ +14.8%; EBITDA ₹14.4cr; PAT ₹1.7cr.
• Export demand improving, especially Africa; India-New Zealand FTA and India-Oman CEPA aid exports.
• Yarn and fabric value-added product mix expanding; premium offerings emphasized.

Financial Performance

• Total income 169.84 Cr in Q1 FY27; EBITDA 14.41 Cr; PAT 1.72 Cr.
• EBITDA margin 8.49%; PAT margin 1.01%.
• Raw material cost ₹106.82 Cr; changes in inventory −₹12.37 Cr; employee cost ₹25.31 Cr.
• Finance cost ₹7.65 Cr; D&A ₹4.58 Cr; Tax ₹0.46 Cr.

Capital Structure & Liquidity

• No material debt/equity actions disclosed; finance cost remains in line with quarterly level.

Strategic Priorities & Outlook

• Priorities: higher capacity utilization, better product mix, cost efficiency.
• Export demand improving; Africa; India-New Zealand FTA and India-Oman CEPA support exports.
• Outlook: optimistic on momentum, profitability, and margins.

Risks & Mitigation

• Risks: cotton/raw-material and energy costs; changing trade policies; US tariff clarity.
• Mitigation: cost discipline, efficiency, and leveraging FTAs; ongoing agility on input costs.

Governance & Leadership

• Board includes independent directors; governance aligned with SEBI requirements.
• Internal controls: quarterly audit committee reviews; whistleblower policy; SOP compliance.
• Management team: Arun Churiwal (Chairman); Nivedan Churiwal (MD); Praveen Jain (CFO).

Financials

• Revenue from operations: ₹16,972.19 lakh; QoQ +14.8%.
• Total income: ₹16,984.21 lakh; QoQ +14.7%.
• Profit before tax: ₹218.54 lakh; QoQ from ₹-145.51 lakh.
• Net profit: ₹172.23 lakh; QoQ from ₹-99.24 lakh.
• Basic EPS: ₹1.67; Diluted EPS: ₹-0.96.
• Total expenses: ₹16,765.67 lakh; QoQ +12.1%.
• Quarter ended 30 June 2026; board approved results.
• Limited Review by SSMS & Associates; no qualification.
• Single business segment; segment reporting not applicable.

Meeting Details

• Board meeting on 11 August 2026 to consider unaudited results for quarter ended 30 June 2026.

Key Agenda Items

• Consider and approve unaudited quarterly results for quarter ended 30 June 2026.

Other Notes

• Trading window closed for insiders from 1 July to 13 August 2026.

AGM Details

• Date and time: 01 September 2026 at 04:00 PM IST.
• Mode: VC/OAVM.
• Book closure: 26 Aug 2026 to 01 Sep 2026.
• Deemed venue: Registered Office, Bhilwara.
• Cut-off date for voting: 25 August 2026.
• E-voting window: 28–31 August 2026.

Key Resolutions

• Ordinary: Adopt audited financial statements for the year.
• Ordinary: Re-appoint Arun Kumar Churiwal by rotation.
• Ordinary: Re-appoint Ravi Jhunjhunwala by rotation.
• Special: Ratify Cost Auditors remuneration for FY2026-27 (₹1,00,000 plus tax).

Voting Results

• Adoption of financial statements: voting outcome not disclosed.
• Arun Churiwal re-appointment: outcome not disclosed.
• Ravi Jhunjhunwala re-appointment: outcome not disclosed.
• Cost Auditor remuneration ratification: outcome not disclosed.

Dividend

• Dividend: Board did not recommend any dividend for FY2025-26.

Director Changes

• Retiring directors eligible for re-appointment: Arun Kumar Churiwal; Ravi Jhunjhunwala.

Auditor Appointments

• Cost Auditor appointed for FY2026-27; remuneration ₹1,00,000 plus tax; ratification sought.

Other Material Approvals

• No other material approvals disclosed in this chunk.