GHCL Textiles Reports FY26 Results With 26% Profit Growth, Proposes Dividend

GHCL Textiles Limited announced its annual audited financial results for the financial year ended March 31, 2026, reporting significant growth in both revenue and profitability. The company's profit for the year increased by 26% to ₹70.37 crore from ₹55.97 crore in the previous fiscal year. Revenue from operations rose 14% to ₹1,318.60 crore compared to ₹1,161.16 crore in FY25, while total income reached ₹1,334.80 crore.

Financial Performance Summary

The company's financial results for the quarter ended March 31, 2026, showed profit before tax at ₹35.43 crore, with profit for the period at ₹27.66 crore. Earnings per share (basic and diluted) for the year stood at ₹7.36, up from ₹5.86 in the previous year. Total expenses for FY26 amounted to ₹1,241.84 crore, compared to ₹1,104.83 crore in FY25.

Financial Metric FY26 (₹ crore) FY25 (₹ crore) Revenue from Operations 1,318.60 1,161.16 Total Income 1,334.80 1,168.12 Total Expenses 1,241.84 1,104.83 Profit Before Tax 92.96 63.29 Profit for the Year 70.37 55.97 Earnings Per Share 7.36 5.86

Balance Sheet and Cash Flow Position

As of March 31, 2026, the company's total assets stood at ₹1,870.43 crore, up from ₹1,702.84 crore in the previous year. Total equity increased to ₹1,502.49 crore from ₹1,437.38 crore. The company reported total financial indebtedness of ₹158.97 crore with no outstanding defaults on loans or debt securities. Cash and cash equivalents at the end of the year were ₹0.69 crore.

Board Decisions and Dividend Proposal

The Board of Directors, in their meeting held on April 30, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. Subject to shareholder approval at the ensuing Annual General Meeting, the Board has proposed a dividend of ₹0.60 per equity share for FY26. The auditors, S.R. Batliboi & Co. LLP, issued an unmodified opinion on the financial results, confirming compliance with Indian Accounting Standards (Ind-AS) and SEBI Listing Regulations.

GHCL Textiles Limited announced significant auditor appointments following its 29th board meeting held on April 30, 2026. The board has recommended key appointments across statutory, internal, and cost audit functions to ensure regulatory compliance and strengthen governance frameworks.

Statutory Auditor Recommendation

The board has recommended Deloitte Haskins & Sells Chartered Accountants LLP as the company's statutory auditor for a five-year term spanning FY 2026-27 to FY 2030-31. This appointment is subject to shareholder approval at the ensuing 6th Annual General Meeting.

Parameter: Details Auditor Name: Deloitte Haskins & Sells Chartered Accountants LLP Appointment Period: FY 2026-27 to FY 2030-31 Recommendation Date: April 30, 2026 Approval Required: Shareholders at 6th AGM Registration No.: 117364W/W100739

Deloitte Haskins & Sells was originally constituted in 1997 and converted to a Limited Liability Partnership effective June 2, 2021. The firm is registered with the Institute of Chartered Accountants of India and operates as part of the Deloitte Haskins & Sells & Affiliates network. Their registered office is located at 19th Floor, Shapath – V, S G Highway, Ahmedabad – 380 015, India.

Internal Auditor Re-appointment

SPMB & Co. LLP, Chartered Accountants, Chennai, has been re-appointed as the company's internal auditor for FY 2026-27 to comply with Companies Act, 2013 requirements.

Parameter: Details Firm Name: SPMB & Co. LLP Location: Chennai Appointment Date: April 30, 2026 Term: Financial Year 2026-27 Establishment Year: 2024

Established in 2024, SPMB & Co LLP focuses on operational excellence and leverages technology for innovative business solutions. The firm is led by internal audit experts with over 25 years of collective partner experience and employs more than 30 professionals across two locations. Their services include risk advisory, indirect taxation consultation, accounts book-keeping, and transaction advisory services.

Cost Auditor Re-appointment

R J Goel & Co., Cost Accountants, New Delhi, has been re-appointed as cost auditor for FY 2026-27, ensuring continued compliance with statutory requirements.

Parameter: Details Firm Name: R J Goel & Co. Location: New Delhi Establishment Year: 1978 Number of Partners: Five Experience: Over 3 decades in cost audit

The firm was established in 1978 by Late Sh. R. J. Goel, former President of ICMAI. Currently led by five partners including Mr. Hari Krishan Goel, Mr. Naresh Kumar Goel, Mr. Raman Lal Agrawal, Mr. Subhash Chandra Agrawal, and Mr. P. K. Amar, the firm brings extensive experience across diverse industries including automobile, chemicals, pharmaceuticals, textiles, and telecommunications.

Regulatory Compliance

All appointments have been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting commenced at 11:30 AM on April 30, 2026, with Company Secretary & Compliance Officer Lalit Narayan Dwivedi overseeing the regulatory disclosures. The company has confirmed that no relationships exist between the appointed auditors and the company's directors, ensuring independence in audit functions.

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