Mafatlal Revenue Rises 27% In 9MFY26
Mafatlal Industries Ltd., one of India’s longstanding textile manufacturers, announced its financial results for the third quarter and nine months ended December 31, 2025, reporting steady growth across key financial metrics and maintaining a robust order pipeline.
For 9MFY26, the company reported revenue from operations of Rs 2,987.2 crore, reflecting a 26.7% year-on-year increase, driven primarily by strong execution of large orders in the textile and related product segments and continued growth in the consumer durables business. Operating EBITDA for the nine-month period rose to Rs 96.5 crore, up 38.2%, while profit after tax increased 17.7% to Rs 83.7 crore.
During Q3FY26, revenue from operations stood at Rs 717.4 crore. The company reported EBITDA of Rs 20.0 crore and profit after tax of Rs 12.4 crore for the quarter.
The company noted that quarterly revenue was impacted by the deferment of certain orders and billing schedules due to adherence to the election code of conduct during local elections in Maharashtra and Bihar.
Mafatlal said it continued to focus on higher-margin products in its textile segment, particularly in uniform fabrics, helping maintain stable margins. In the digital infrastructure segment, the company executed projects to install ICT laboratories and related hardware and software across 333 public sector schools, along with multi-year maintenance contracts.
The company also reported gross debt of Rs 118.52 crore as of December 31, 2025, compared with Rs 68.3 crore as of March 31, 2025 and classified Rs 28.7 crore as exceptional items during the quarter following the implementation of new labour codes.
Mafatlal’s running order book stood at around Rs 1,200 crore, providing strong revenue visibility for the coming quarters.
Commenting on the performance, M. B. Raghunath, Chief Executive Officer, said the company delivered a satisfactory quarterly performance despite temporary disruptions and successfully expanded its presence in key segments, supported by a focused strategy and execution capabilities. He added that Mafatlal remains committed to strengthening its uniform business, exploring opportunities in digital infrastructure and enhancing operational efficiency to deliver sustainable results.
