Texel

Gandhinagar, India Founded: 1989 • Age: 37 yrs Listed
Multi-category services for farming businesses are delivered online.

About Texel

Texel is a publicly listed company based in Gandhinagar (India) founded in 1989. Multi-category services for farming businesses are delivered online. It operates on a Direct-to-Consumer (D2C) and B2B2C model. The company has 96 employees. Its Indian entity Texel Industries Limited reported revenue of ₹100 Cr. Texel offers products and services including T-Earth™ Geomembrane, T-Soil™ Geotextiles, and T-Shield™ Tarpaulin. Its focus areas include Industrial Goods, Construction Materials and Geosynthetics.

Company details

Texel Industries Limited is involved in the production of high-quality geosynthetic materials, including geomembranes, geotextiles, and protective covers. Solutions are provided for agricultural, environmental, and industrial applications globally. With over five decades of experience, manufacturing processes have been perfected to ensure durability and sustainability. Sectors such as agriculture, horticulture, infrastructure, and water management are served with innovative products designed to enhance productivity and environmental conservation.

  • Headquarters Gandhinagar, India
  • Employees 96
  • Stage Public
  • Sectors
    Agriculture
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website geotexelin.com
  • Social LinkedIn
  • Legal Name Texel Industries Ltd
Operational Areas
Key Metrics
  • Market Cap
    ₹84.84 Cr

    TEXELIN · BSE

  • Share Price
    ₹60.00

    -0.35% today

  • Revenue
    ₹99.08 Cr

    FY 2025-26 · -14.4% YoY

  • EBITDA
    ₹10.70 Cr

    Margin 10.8%

  • Net Profit
    ₹4.52 Cr

    FY 2025-26 · +2758.8% YoY

  • P/E (TTM)
    18.5x

    P/B 1.8x

  • ROE
    8.5%

    ROCE 8.7%

  • Debt / Equity
    0.55

    Interest cover 76.8x

  • Employee Count
    96

Products & Services of Texel

Texel offers a comprehensive portfolio of products and services, including T-Earth™ Geomembrane, T-Soil™ Geotextiles, and T-Shield™ Tarpaulin.

T-Earth™ Geomembrane
Geosynthetics

Used for creating stronger foundations and safer futures.

T-Soil™ Geotextiles
Geosynthetics

Applied to build lasting foundations with needed strength.

T-Shield™ Tarpaulin
Protective Covers

Utilized for durable protection of timber and logs.

Board of directors of Texel Industries Limited (Texel)

Texel Industries Limited is the primary company behind Texel. The board of Texel Industries Limited currently have 4 directors; the longest-serving is Naresh Mehta Ramniklal, appointed in 1989. 13 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Naresh Mehta Ramniklal
DIN 02888018
Director02 Aug 198937 yrs 3 moTexel Industries Limited
Shaileshbhai Mehta Ramniklal
DIN 01457666
Managing Director02 Aug 198937 yrs 3 moTexel Industries Limited
Umeshbhai Arvindbhai Vyas
DIN 07979266
Director28 May 20242 yrs 5 moTexel Industries Limited
Avni Chouhan
DIN 08716231
Director13 Jul 20242 yrs 3 moTexel Industries Limited

IPO & Listings of Texel

Texel is a publicly listed company on the BSE with ticker symbol TEXELIN in India, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date28 Nov 1994
  • Listed onBSE: 526638
  • Listed entityTexel Industries Ltd
  • Exchange sectorConsumer durables
  • ISININE594V01028
  • Share price₹62.00 (-0.99% on the day) · 2026-10-14
  • Volume (last session)8,531

Financials of Texel

Exchange-reported figures of Texel Industries Limited, the listed company behind Texel (BSE: TEXELIN).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹99.08 Cr
-14.4% YoY
EBITDA
₹10.70 Cr
+14.2% YoY
Profit After Tax
₹4.52 Cr
+2758.8% YoY
Net Worth
₹43.12 Cr
+12.4% YoY
Total Assets
₹69.92 Cr
+19.6% YoY
Total Debt
₹25.65 Cr
+36.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue99.0811694.8999.7290.9482.7995.31
Revenue growth-14.4%+21.9%-4.8%+9.7%+9.8%-13.1%-
EBITDA10.709.372.23(1.59)5.384.914.95
EBITDA margin+10.8%+8.1%+2.4%-1.6%+5.9%+5.9%+5.2%
Profit before tax2.514.40(8.67)(11.14)1.622.963.08
Net profit4.52(0.17)(8.64)(11.18)1.152.162.08
Net profit margin+4.6%-0.2%-9.1%-11.2%+1.3%+2.6%+2.2%
EPS (₹)3.483.42(10.38)(13.41)1.394.083.97
Balance sheet
Total assets69.9258.4639.3456.5074.4244.6020.97
Net worth43.1238.3514.1322.8534.1121.0418.82
Total debt25.6518.8124.3732.7439.5222.961.63
Cash & bank0.590.330.230.700.590.641.95
Net working capital23.979.20(12.59)(0.03)14.046.308.53
Cash flow
Cash from operations(2.18)(2.38)15.1216.871.1519.954.42
Cash from investing(0.27)(7.11)(0.90)(4.18)(25.41)(22.19)(2.04)
Cash from financing2.799.60(14.68)(12.52)24.220.93(1.49)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue48.1228.4823.6416.4833.2125.7538.0926.04
Revenue growth (YoY)+44.9%+10.6%-37.9%-36.7%+19.3%+8.5%--
Other income0.560.090.910.121.850.130.330.03
EBITDA3.473.99(1.66)6.411.552.624.534.39
EBITDA margin+7.2%+14.0%-7.0%+38.9%+4.7%+10.2%+11.9%+16.9%
Depreciation1.501.491.371.401.301.300.741.46
Interest1.221.511.371.340.670.680.791.17
Profit before tax1.311.08(3.49)3.791.430.773.331.79
Tax0.050.02(1.85)(0.17)0.010.00(0.17)0.01
Net profit1.261.06(1.64)3.961.420.773.501.78
EPS (₹)0.910.76(1.16)2.881.060.581.051.41
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue99.0811694.8999.7290.9482.6295.50
Revenue growth-14.4%+21.9%-4.8%+9.7%+10.1%-13.5%-
EBITDA10.719.432.28(1.54)5.444.925.95
EBITDA margin+10.8%+8.2%+2.4%-1.5%+6.0%+6.0%+6.2%
Profit before tax3.164.72(8.41)(10.99)1.753.034.13
Net profit5.300.15(8.38)(10.89)1.282.203.13
Net profit margin+5.4%+0.1%-8.8%-10.9%+1.4%+2.7%+3.3%
EPS (₹)3.913.67(10.09)(13.05)1.544.235.98
Balance sheet
Total assets73.2661.2241.6658.5176.0546.0222.32
Net worth46.4641.1116.4624.8735.7422.4620.17
Total debt25.6518.8124.3732.7439.5222.961.63
Cash & bank0.580.330.230.690.590.641.92
Net working capital23.999.13(12.41)(0.07)13.966.228.48
Cash flow
Cash from operations(0.59)(2.63)14.9017.431.0619.984.39
Cash from investing(1.86)(6.86)(0.66)(4.23)(25.32)(22.18)(1.93)
Cash from financing2.799.60(14.68)(12.52)24.220.93(1.49)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue48.1228.4823.6416.4833.2125.7538.0926.04
Revenue growth (YoY)+44.9%+10.6%-37.9%-36.7%+19.3%+8.5%--
Other income0.560.091.550.121.850.130.660.03
Total expenses44.6524.4925.2910.0731.6623.1233.5621.65
EBITDA3.473.99(1.65)6.411.552.634.534.39
EBITDA margin+7.2%+14.0%-7.0%+38.9%+4.7%+10.2%+11.9%+16.9%
Depreciation1.501.491.371.401.301.300.741.46
Interest1.211.511.371.340.670.680.791.17
Profit before tax1.321.08(2.84)3.791.430.783.661.79
Tax0.050.02(1.98)(0.17)0.010.00(0.17)0.01

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 05 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue48.1228.4823.6416.4833.2125.7538.0926.04
Revenue growth (YoY)+44.9%+10.6%-37.9%-36.7%+19.3%+8.5%--
Other income0.560.090.910.121.850.130.330.03
EBITDA3.473.99(1.66)6.411.552.624.534.39
EBITDA margin+7.2%+14.0%-7.0%+38.9%+4.7%+10.2%+11.9%+16.9%
Depreciation1.501.491.371.401.301.300.741.46
Interest1.221.511.371.340.670.680.791.17
Profit before tax1.311.08(3.49)3.791.430.773.331.79
Tax0.050.02(1.85)(0.17)0.010.00(0.17)0.01
Net profit1.261.06(1.64)3.961.420.773.501.78
EPS (₹)0.910.76(1.16)2.881.060.581.051.41
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue99.0811694.8999.7290.9482.7995.31
Revenue growth-14.4%+21.9%-4.8%+9.7%+9.8%-13.1%-
Other income1.245.140.100.461.020.280.22
Total expenses88.3810692.6610185.5677.8890.36
Employee cost0.005.646.235.154.214.384.88
EBITDA10.709.372.23(1.59)5.384.914.95
EBITDA margin+10.8%+8.1%+2.4%-1.6%+5.9%+5.9%+5.2%
Depreciation5.375.515.465.271.420.810.60
Interest4.064.605.544.743.361.421.49
Profit before tax2.514.40(8.67)(11.14)1.622.963.08
Tax(2.01)(0.16)0.000.040.470.831.00
Net profit4.52(0.17)(8.64)(11.18)1.152.162.08
Net profit margin+4.6%-0.2%-9.1%-11.2%+1.3%+2.6%+2.2%
EPS (₹)3.483.42(10.38)(13.41)1.394.083.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.3113.318.348.348.345.225.22
Reserves & surplus29.0624.295.7914.5125.7715.8213.60
Shareholders' funds (net worth)43.1238.3514.1322.8534.1121.0418.82
Minority interest0.000.000.000.000.000.000.00
Secured loans6.543.634.4810.0414.923.350.06
Unsecured loans19.1115.1819.8922.7024.6019.611.57
Total debt25.6518.8124.3732.7439.5222.961.63
Total liabilities69.9258.4639.3456.5074.4244.6020.97
Assets
Gross block69.0563.7468.1761.6761.9829.3710.67
Net block41.5241.5850.0654.7354.5525.078.83
Capital work in progress0.004.440.030.000.866.251.46
Investments0.000.000.000.000.000.000.00
Inventories28.9924.0917.2120.2721.5614.5014.67
Sundry debtors11.1610.3813.6716.377.4617.426.15
Cash & bank balances0.590.330.230.700.590.641.95
Loans & advances19.4316.9111.7913.1513.712.141.83
Total current assets60.1751.7142.9050.4943.3234.7024.60
Total current liabilities36.2042.5155.4950.5229.2828.4016.07
Net working capital23.979.20(12.59)(0.03)14.046.308.53
Total assets69.9258.4639.3456.5074.4244.6020.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.110.220.690.530.631.951.06
Net cash from operating activities(2.18)(2.38)15.1216.871.1519.954.42
Net cash from investing activities(0.27)(7.11)(0.90)(4.18)(25.41)(22.19)(2.04)
Net cash from financing activities2.799.60(14.68)(12.52)24.220.93(1.49)
Net change in cash0.340.11(0.45)0.17(0.04)(1.30)0.89
Closing cash0.590.330.230.700.590.641.95
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-14.4%+21.9%-4.8%+9.7%+9.8%-13.1%-
EBITDA growth+14.2%+320.2%+240.3%-129.6%+9.6%-0.8%-
PBT growth-43.4%+9998.0%+22.2%--45.3%-3.9%+1.3%
Net income growth+2758.8%+98.0%+22.7%-1072.2%-46.8%+3.9%-
Revenue CAGR (3Y)-0.2%+8.4%+4.7%+1.5%-6.8%-3.1%-
EBITDA CAGR (3Y)-+20.6%-23.1%-+1.7%-0.9%-
Profitability & leverage
Net income margin+4.5%+3.9%-9.1%-11.2%+1.3%+2.6%+2.2%
Return on capital employed+8.7%+8.4%0.0%0.0%+8.4%+13.4%+22.8%
Return on net worth+8.5%-0.6%0.0%0.0%+4.2%+10.7%+11.6%
Debt / equity0.550.821.541.271.130.620.09
Long-term debt / equity0.330.541.030.910.860.460.01
Interest cover76.85118.83-171.52-69.1084.8534.6334.25
Efficiency & per share
Fixed asset turnover1.491.751.461.611.994.146.39
Inventory turnover3.735.605.064.775.045.686.18
Debtors turnover9.209.626.328.377.317.037.79
EPS (₹)3.393.42(10.38)(13.41)1.394.083.97
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)31.8428.2516.9527.4040.9040.2836.03
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue48.1228.4823.6416.4833.2125.7538.0926.04
Revenue growth (YoY)+44.9%+10.6%-37.9%-36.7%+19.3%+8.5%--
Other income0.560.091.550.121.850.130.660.03
Total expenses44.6524.4925.2910.0731.6623.1233.5621.65
EBITDA3.473.99(1.65)6.411.552.634.534.39
EBITDA margin+7.2%+14.0%-7.0%+38.9%+4.7%+10.2%+11.9%+16.9%
Depreciation1.501.491.371.401.301.300.741.46
Interest1.211.511.371.340.670.680.791.17
Profit before tax1.321.08(2.84)3.791.430.783.661.79
Tax0.050.02(1.98)(0.17)0.010.00(0.17)0.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue99.0811694.8999.7290.9482.6295.50
Revenue growth-14.4%+21.9%-4.8%+9.7%+10.1%-13.5%-
Other income1.885.470.330.581.110.350.27
Total expenses88.3710692.6110185.5077.7089.55
Employee cost0.005.646.235.154.213.934.24
EBITDA10.719.432.28(1.54)5.444.925.95
EBITDA margin+10.8%+8.2%+2.4%-1.5%+6.0%+6.0%+6.2%
Depreciation5.375.515.465.271.420.810.60
Interest4.064.675.564.763.381.431.49
Profit before tax3.164.72(8.41)(10.99)1.753.034.13
Tax(2.14)(0.16)0.00(0.10)0.470.831.00
Net profit5.300.15(8.38)(10.89)1.282.203.13
Net profit margin+5.4%+0.1%-8.8%-10.9%+1.4%+2.7%+3.3%
EPS (₹)3.913.67(10.09)(13.05)1.544.235.98
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.3113.318.348.348.345.225.22
Reserves & surplus32.4027.058.1216.5327.4017.2414.95
Shareholders' funds (net worth)46.4641.1116.4624.8735.7422.4620.17
Secured loans6.543.634.4810.0414.923.350.06
Unsecured loans19.1115.1819.8922.7024.6019.611.57
Total debt25.6518.8124.3732.7439.5222.961.63
Total liabilities73.2661.2241.6658.5176.0546.0222.32
Assets
Gross block69.0563.7468.1767.4361.9829.3710.62
Net block41.5241.5850.0654.7354.5525.078.79
Capital work in progress0.004.440.030.000.866.251.46
Investments0.000.000.000.000.000.000.01
Inventories28.9424.0417.1620.2221.5114.4614.47
Sundry debtors11.1510.3813.6716.377.4617.426.35
Cash & bank balances0.580.330.230.690.590.641.92
Loans & advances19.5216.8712.0013.1213.672.071.77
Total current assets60.1951.6243.0650.4043.2334.5924.51
Total current liabilities36.2042.4955.4750.4729.2728.3716.03
Net working capital23.999.13(12.41)(0.07)13.966.228.48
Total assets73.2661.2241.6658.5176.0546.0222.32
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.110.220.680.010.631.920.95
Net cash from operating activities(0.59)(2.63)14.9017.431.0619.984.39
Net cash from investing activities(1.86)(6.86)(0.66)(4.23)(25.32)(22.18)(1.93)
Net cash from financing activities2.799.60(14.68)(12.52)24.220.93(1.49)
Net change in cash0.340.11(0.45)0.68(0.04)(1.28)0.97
Closing cash0.580.330.230.690.590.641.92
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-14.4%+21.9%-4.8%+9.7%+10.1%-13.5%-
EBITDA growth+13.6%+313.6%+248.1%-128.3%+10.6%-17.3%-
PBT growth-33.4%+9998.0%+23.5%--42.2%-26.6%+23.7%
Net income growth+3433.3%+101.8%+23.1%-950.8%-41.8%-29.7%-
Revenue CAGR (3Y)-0.2%+8.4%+4.7%+1.5%-6.8%-3.2%+21.5%
EBITDA CAGR (3Y)-+20.2%-22.6%-+0.2%-0.8%+19.0%
Profitability & leverage
Net income margin+5.3%+4.2%-8.9%-10.9%+1.4%+2.7%+3.3%
Return on capital employed+9.5%+8.8%0.0%-9.3%+8.4%+13.1%+27.1%
Return on net worth+10.0%+0.5%0.0%-35.9%+4.4%+10.4%+16.8%
Debt / equity0.510.751.381.191.070.580.09
Long-term debt / equity0.300.500.920.860.810.430.01
Interest cover76.52118.83-174.84-69.9084.0834.7927.85
Efficiency & per share
Fixed asset turnover1.491.751.401.541.994.136.41
Inventory turnover3.745.625.084.785.065.716.23
Debtors turnover9.209.626.328.377.316.957.74
EPS (₹)3.983.67(10.09)(13.05)1.544.235.98
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)34.3530.3319.7329.8242.8543.0038.63

Web traffic of Texel

The website of Texel (geotexelin.com) receives about 1K visits a month.

  • Monthly visits
    1K

    ▼ 20.2% vs previous month

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Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
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1963Jalgaon, Maharashtra, IndiaUSD 679.04 M12,280
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Frequently Asked Questions about Texel

Texel was founded in 1989.

Texel is headquartered in Gandhinagar, India. It is registered at Gandhinagar, Gujarat, India.

Texel has 96 employees.

The primary company behind Texel, Texel Industries Limited, reported revenue of ₹100 Cr for FY 2026, down 14% year on year.

Texel Industries Limited is involved in the production of high-quality geosynthetic materials, including geomembranes, geotextiles, and protective covers. Solutions are provided for agricultural, environmental, and industrial applications globally. With over five decades of experience, manufacturing processes have been perfected to ensure durability and sustainability. Sectors such as agriculture, horticulture, infrastructure, and water management are served with innovative products designed to enhance productivity and environmental conservation.

Texel offers T-Earthâ„¢ Geomembrane, T-Soilâ„¢ Geotextiles, and T-Shieldâ„¢ Tarpaulin.

Yes, Texel is publicly traded on BSE under the ticker symbol TEXELIN.

Texel operates through Texel Industries Limited.

The legal entities of Texel currently have 7 directors, including Naresh Mehta Ramniklal, Shaileshbhai Mehta Ramniklal, Umeshbhai Arvindbhai Vyas and others.

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