Mafatlal Industries posts record Rs 22.69 bn half-year revenue

The company reported its highest-ever half-yearly revenue, driven by strong execution across institutional, uniforms, consumer durables, and textile verticals.

Mafatlal Industries, one of India’s oldest and most trusted textile brands, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025 (Q2 & H1 FY26). The company reported its highest-ever half-yearly revenue, driven by strong execution across institutional, uniforms, consumer durables, and textile verticals.

For H1 FY26, revenue from operations surged 56.8 per cent year-on-year, from Rs 14.47 billion to Rs 22.69 billion, led by robust institutional orders and growing demand in textile and allied segments. Operating EBITDA also rose 53.5 per cent Y-o-Y, underscoring improved operational efficiency and business fundamentals.

In Q2 FY26, operational profitability continued to strengthen, with operating EBITDA growth outpacing total EBITDA growth, reflecting the company’s focus on sustainable and quality-driven operations.

The digital infrastructure segment saw strong traction during the quarter through institutional orders for Personalized Adaptive Learning (PAL) Labs, which include integrated software solutions and after-sales service support. The institutional and uniforms businesses remained key performance drivers, supported by major projects such as:

• Supply of consumable durable articles to 6.6 lakh beneficiaries across 358 talukas in Maharashtra.
• Delivery of 133.93 lakh meters of uniform fabric and 18.8 lakh uniform garments across India.
• Supply of 79.4 lakh pieces of dhoti, saree, and lungi in Jharkhand.
• Establishment of PAL Labs in government schools across Tripura.

As of September 30, 2025, gross debt stood at Rs 580 million, with long-term debt at Rs 310.5 million, reflecting a strong balance sheet and prudent financial management.

The Board of Directors has approved an interim dividend of Rs 1.25 per equity share for FY26.

“We are delighted to report our highest-ever half-yearly performance in H1 FY26. This achievement reflects our focused strategy, asset-light model, and disciplined execution across all segments,” said M B Raghunath, Chief Executive Officer, Mafatlal Industries. “Our institutional and uniforms businesses remain core growth engines, supported by a robust order book of around Rs 9 billion. With operational excellence and customer trust, we are confident of sustaining our growth momentum and outperforming last year’s record results.”