Fiberweb India Ltd

Business overview

• Core business: spun bond and melt blown nonwoven fabrics.
• Capacity: spun bond 5,000 MTPA; melt blown 3,000 MTPA.
• 85,000 sq ft Daman plant; 100% export-oriented unit.
• Exports 75% of products to USA/UK/Europe.
• ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 certifications.
• New melt blown line for personal hygiene products.
• Investing in modernization and debottlenecking.

Key operational highlights

• Q1 FY27 revenue ₹9.86 Cr.
• Q1 FY27 EBITDA ₹1.87 Cr; net profit ₹0.27 Cr.
• Capacity expansion and debottlenecking ongoing.
• Launched melt blown nonwoven for personal hygiene.
• Daman plant area 85,000 sq ft.

Financial performance

• FY26 revenue 84.56 Cr; total income 86.13 Cr.
• FY26 EBITDA 18.82 Cr; margin 21.85%.
• FY26 net profit 10.01 Cr; margin 11.63%.
• Q1 FY27 margins: EBITDA 18.72%; net profit 2.73%.

Capital structure & liquidity

• No long-term borrowings; short-term borrowings ₹12.02 Cr.
• Equity ₹28.79 Cr; net worth ₹186.36 Cr.
• Current liabilities ₹18.71 Cr; cash ₹2.21 Cr.
• Total assets ₹205.07 Cr.

Strategic priorities & outlook

• Continue strategic capacity expansion via advanced facilities.
• Modernization to meet growing global demand.
• Leverage 100% export orientation and market diversification.

Risks & governance

• Forward-looking statements subject to market, economic, and competition risks.

Governance & leadership

• Chairman & Director: Pravin V. Sheth; CFO: Mukesh Pandya.
• No material governance changes disclosed.

Q1 FY27 Highlights

• Total Income for Q1 FY27: ₹10.02 Cr.
• EBITDA ₹1.87 Cr and EBITDA margin 18.72%.
• Net Profit ₹0.27 Cr; Net Profit Margin 2.73%.
• Diluted EPS ₹0.09 for Q1 FY27.
• Export environment challenging due to raw material volatility.
• Company maintains focus on capacity utilization and cost discipline.
• FY26: Total Income ₹86.13 Cr; EBITDA ₹18.82 Cr; PAT ₹10.01 Cr.

Dematerialisation status and listing

• Dematerialisation requests for quarter ended 30 June 2026 were confirmed to the depositories.
• Securities dematerialised were listed on the exchanges where the original securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository name substituted as registered owner in the records within prescribed timelines.

CFO Appointment

• Milind Ghelani appointed CFO and KMP, effective 01 July 2026.
• Profile: CA, CS, B.Com; 15+ years in financial services; governance and internal controls.
• Term: appointment under Companies Act Section 203.

Meeting Details

• Board meeting on Thursday, 14 May 2026 at 5:30 p.m.
• Meeting to be held through video conferencing.

Key Agenda Items

• Approve standalone audited financial results for Q4 and year ended 31 March 2026.
• Consider the audit report and other business matters.

Other Notes

• Trading window closed from 1 April 2026 until 48 hours after results declaration.

Resignation of Director

• Mrs. Soniya Sheth resigned as Director effective March 27, 2026, due to personal reasons.
• She ceased to be member of Nomination, Sexual Harassment, and CSR Committees.
• She was Managing Director at Kunststoffe Industries Limited.
• No relationships with other directors disclosed.

Appointment of Director

• Mrs. Reena Gupta appointed Additional Non-Executive Director effective March 27, 2026.
• Appointment subject to members' approval, recommended by Nomination and Remuneration Committee.
• Mrs. Gupta is a graduate with international experience at a Fortune 500 US company.
• She holds no shares in the company.
• She is spouse of Mr. Bhavesh Sheth and daughter-in-law of Mr. Pravin Sheth, existing directors.
• Mrs. Gupta is not debarred or disqualified by SEBI or other authorities.

Committee Reconstitution

• Nomination and Remuneration Committee now includes Mrs. Reena Gupta as member.
• Mrs. Reena Gupta chairs Sexual Harassment Committee.
• Mrs. Reena Gupta is member of Corporate Social Responsibility Committee.