GHCL Textiles Ltd

Fire incident update

• Update on fire incident at GHCL Textiles' warehouse near Tuticorin Port.
• Estimated loss/damage to stock approx Rs 27 crores.
• Warehouse and stock are fully insured; claims filed.
• No human casualties or injuries reported.
• No impact on production or ongoing operations.
• Insurance assessment ongoing; further updates to follow.

ESOS 2026 proposal

• Purpose: Special Resolution to approve GHCL Textiles ESOS 2026 for issuing stock options.
• Aggregate cap: up to 45,00,000 options (~4.70% of paid-up capital on Mar 31, 2026).
• Treatment: options exercisable into equity shares of Rs 2 each.
• Eligibility: permanent employees and whole-time directors; promoters, independents excluded.
• Vesting: not earlier than 1 year, up to 5-year total vesting.
• Exercise price: market price on date preceding grant; not less than face value.
• Per-grantee cap: up to 3,00,000 options annually; aggregate cap 45,00,000.
• Implementation: directly by the company; not via a trust.
• Listing: equity shares to be listed on existing stock exchanges.
• Record/date eligibility: cut-off date Aug 7, 2026 for voting rights.
• Voting window: e-voting Aug 12 to Sep 10, 2026; results by Sep 12, 2026.
• Outcome: not yet decided; result to be announced by Sep 12, 2026.
• Scrutinizer: Manoj R. Hurkat; results communicated to stock exchanges.
• Dilution impact: approx 4.70% of paid-up capital.
• Regulatory: ESOS under SEBI SBEB & SE Regulations; approvals required.
• No loan or trust-based financing; scheme involves only new equity issue.
• Promoters excluded from eligibility per Scheme terms.

Meeting Details

• Date: Wednesday, August 12, 2026.
• Time: not specified.
• Type/Mode: Group meeting and one-to-one; Physical.
• Event: Analysts/Institutional Investors Meeting.
• Venue: Go India Advisor Office, Godrej, BKC.

Participants

• Participants: Company management and representatives.

Purpose

• Purpose: Schedule of analysts/institutional investors meeting.

Additional Notes

• Availability: Communication will be on the company website.

Meeting Details

• Date: Wednesday, August 12, 2026; time not disclosed
• Type: Group or one-to-one interaction
• Mode: Physical
• Venue: Go India Advisor Office, Godrej, BKC
• Purpose: Analysts/Institutional Investors meeting

Participants

• Key participants: company management/representatives

Availability

• Copy of communication will be available on the GHCL Textiles website

Financial highlights

• Revenue rose 52% YoY to Rs 410 crores.
• EBITDA rose 116% YoY to Rs 70 crores.
• Net profit rose 191% YoY to Rs 39 crores.

Operational & strategic developments

• Phase-1 knitting expansion operational; Phase-2 commissioning on track.
• Vertical integration contribution rose to 16% of revenue in Q1 FY27 from 9% in Q1 FY26.
• 65 MW green energy capacity meets around 70% of energy needs; 11 MW under development.
• Growth driven by operational discipline, working capital optimization, scale and integration.

Governance

• Board approved unaudited Q1 FY27 results at meeting on July 30, 2026.

Audio recording

• Audio recording of the Q1 FY27 investors' conference uploaded on company site, in compliance with Regulation 30 LODR.

Financial results and debt

• Board approved unaudited standalone results for the quarter ended June 30, 2026.
• Limited Review Report issued by Statutory Auditors accompanies results.
• Deviation in funds utilization for raised funds: Not Applicable.
• Total outstanding loan facilities as of June 30, 2026: ₹115.87 crore.
• Default on loans as of date: ₹0.
• Total financial indebtedness: ₹115.87 crore.
• Related party transactions: Not applicable for this quarter.
• Independent auditor's review found no misstatement in interim results.

Rating actions & ratings

• Long Term Bank Facilities of ₹50 crore assigned; CARE A; Stable.
• Long Term/Short Term Bank Facilities ₹450 crore: CARE A; Stable / CARE A1; Reaffirmed (reduced from ₹500 crore).
• Short Term Bank Facilities ₹100 crore: CARE A1; Reaffirmed.
• Outlook: Stable for all rated facilities.

Rationale

• Based on recent FY26 audited operational and financial performance.

Material changes

• LT/ST facility reduced from ₹500 crore to ₹450 crore.