
About Banswara Syntex Ltd
Data last updated:
Banswara Syntex Ltd is a public limited company based in Banswara, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 May 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L24302RJ1976PLC001684. Its GSTIN is 07AAACB8403F1Z2 (Delhi). The company holds 8 GST registrations, of which 5 are active. Its shares are listed on BSE: 503722 and NSE: BANSWRAS.
The company has an authorised share capital of ₹68.85 Cr and a paid-up capital of ₹17.12 Cr. It is led by directors including Shaleen Toshniwal (Managing Director) and Rakesh Mehra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Industrial Area Dahod Road Post Box No. 21, Banswara, Rajasthan, India – 327001.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,356.28 Cr, a growth of 4.9% compared to the previous year. For the same year it recorded a net profit of ₹37.37 Cr (net margin 2.8%) and EBITDA of ₹119.68 Cr (EBITDA margin 8.8%). The net worth stands at ₹584.91 Cr (up 4.6% YoY). Total assets are valued at ₹1,084.9 Cr (up 6.1% YoY).
The company has about 8,513 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary and 1 joint venture.
The company is associated with 1 brand: Banswara Syntex. As per MCA filings, the company has open charges of ₹877.06 Cr and satisfied charges of ₹1,930.57 Cr on record. Court records list 318 cases involving the company, including 207 filed by the company and 111 filed against it; 57 cases are pending. The company has 21 deals on record (20 market trades, 1 funding round), with disclosed funding of ₹2.62 Cr; the latest was in March 2025. Its 9 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 4 smaller; the largest is Aarti International Limited with revenue of ₹1,365.24 Cr. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 2,500 overdue payments to 389 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website banswarasyntex.com.
Company details
Contact details
Banswara Syntex Ltd's registered office is in Banswara, Rajasthan. Its website is banswarasyntex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIndustrial Area Dahod Road Post Box No. 21, Banswara, Rajasthan, India – 327001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Banswara Syntex Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Banswara Syntex operates one associated brand: Banswara Syntex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Synthetic blended yarn, wool, and wool-mixed yarn are manufactured. | banswarasyntex.com |
Business activity
The main business activity of Banswara Syntex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Banswara Syntex Ltd, buy the company report.
Financials of Banswara Syntex Ltd
FY 2025-26 filings availableBanswara Syntex Ltd reported revenue of ₹1,356.28 Cr (up 4.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,356 | 1,293 | 1,264 | 1,499 | 1,190 | 787 | 1,290 |
| Revenue growth | +4.9% | +2.3% | -15.7% | +26.0% | +51.3% | -39.0% | - |
| EBITDA | 120 | 101 | 101 | 197 | 118 | 75.80 | 144 |
| EBITDA margin | +8.8% | +7.8% | +8.0% | +13.2% | +9.9% | +9.6% | +11.2% |
| Profit before tax | 41.78 | 31.14 | 47.43 | 141 | 70.90 | 17.05 | 57.48 |
| Net profit | 37.37 | 21.71 | 35.18 | 111 | 44.01 | 12.10 | 52.93 |
| Net profit margin | +2.8% | +1.7% | +2.8% | +7.4% | +3.7% | +1.5% | +4.1% |
| EPS (₹) | 9.11 | 6.47 | 10.38 | 32.93 | 26.65 | 8.48 | 31.13 |
| Balance sheet | |||||||
| Total assets | 1,085 | 1,023 | 901 | 891 | 670 | 592 | 673 |
| Net worth | 585 | 559 | 535 | 509 | 399 | 357 | 341 |
| Total debt | 475 | 454 | 355 | 373 | 262 | 227 | 321 |
| Cash & bank | 9.32 | 13.87 | 28.22 | 37.31 | 27.42 | 14.40 | 12.91 |
| Net working capital | 457 | 446 | 419 | 465 | 319 | 259 | 308 |
| Cash flow | |||||||
| Cash from operations | 118 | 77.22 | 142 | - | 52.67 | 132 | 208 |
| Cash from investing | (95.01) | (137) | (90.08) | - | (47.21) | (2.57) | (6.86) |
| Cash from financing | (25.43) | 55.23 | (58.41) | - | 5.58 | (126) | (206) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 316 | 366 | 340 | 345 | 306 | 340 | 339 | 343 |
| Revenue growth (YoY) | +3.2% | +7.5% | +0.3% | +0.6% | +12.9% | - | - | - |
| Other income | 7.54 | 4.85 | 5.03 | 3.61 | 4.35 | 7.44 | 2.80 | 3.04 |
| EBITDA | 22.17 | 34.15 | 37.80 | 30.09 | 17.62 | 25.43 | 33.65 | 25.52 |
| EBITDA margin | +7.0% | +9.3% | +11.1% | +8.7% | +5.8% | +7.5% | +9.9% | +7.4% |
| Depreciation | 13.73 | 13.18 | 13.42 | 13.56 | 13.04 | 12.49 | 12.12 | 12.01 |
| Interest | 9.87 | 10.50 | 10.74 | 10.55 | 10.76 | 11.32 | 10.80 | 9.37 |
| Profit before tax | 6.11 | 15.32 | 18.67 | 9.59 | (1.83) | 9.06 | 13.53 | 7.18 |
| Tax | 1.49 | 3.83 | 4.67 | 2.51 | (0.45) | 3.20 | 3.38 | 2.16 |
| Net profit | 4.62 | 11.49 | 14.00 | 7.08 | (1.38) | 5.86 | 10.15 | 5.02 |
| EPS (₹) | 1.35 | 3.36 | 4.09 | 2.07 | (0.40) | 1.71 | 2.96 | 1.47 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,356 | 1,292 | 1,264 | 1,499 | 1,190 | 787 | 1,290 |
| Revenue growth | +5.0% | +2.2% | -15.7% | +26.0% | +51.3% | -39.0% | - |
| EBITDA | 121 | 101 | 103 | 198 | 119 | 75.80 | 144 |
| EBITDA margin | +8.9% | +7.9% | +8.1% | +13.2% | +10.0% | +9.6% | +11.2% |
| Profit before tax | 38.96 | 29.74 | 47.60 | 140 | 72.02 | 16.35 | 57.59 |
| Net profit | 34.37 | 20.95 | 34.88 | 110 | 45.11 | 11.53 | 53.03 |
| Net profit margin | +2.5% | +1.6% | +2.8% | +7.3% | +3.8% | +1.5% | +4.1% |
| EPS (₹) | 8.30 | 6.25 | 10.30 | 32.55 | 27.31 | 8.14 | 31.19 |
| Balance sheet | |||||||
| Total assets | 1,081 | 1,022 | 900 | 891 | 671 | 592 | 674 |
| Net worth | 581 | 558 | 535 | 509 | 400 | 357 | 342 |
| Total debt | 475 | 454 | 355 | 373 | 262 | 227 | 321 |
| Cash & bank | 7.94 | 13.18 | 27.70 | 37.18 | 27.42 | 14.40 | 12.91 |
| Net working capital | 454 | 445 | 418 | 465 | 319 | 259 | 308 |
| Cash flow | |||||||
| Cash from operations | 121 | 79.07 | 145 | 20.13 | 54.20 | 132 | 205 |
| Cash from investing | (98.53) | (139) | (93.33) | (99.53) | (48.03) | (2.57) | (3.83) |
| Cash from financing | (25.43) | 55.23 | (58.41) | 75.25 | 4.87 | (126) | (206) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 316 | 366 | 340 | 345 | 306 | 340 | 339 | 343 |
| Revenue growth (YoY) | +3.3% | +7.7% | +0.3% | +0.6% | +12.8% | - | - | - |
| Other income | 6.60 | 3.55 | 3.65 | 2.87 | 3.82 | 7.05 | 2.39 | 2.64 |
| Total expenses | 293 | 332 | 301 | 314 | 288 | 315 | 305 | 317 |
| EBITDA | 22.89 | 33.55 | 38.40 | 30.73 | 18.10 | 24.44 | 34.06 | 25.88 |
| EBITDA margin | +7.2% | +9.2% | +11.3% | +8.9% | +5.9% | +7.2% | +10.1% | +7.6% |
| Depreciation | 13.72 | 13.18 | 13.41 | 13.55 | 13.03 | 12.48 | 12.11 | 12.00 |
| Interest | 9.87 | 10.50 | 10.74 | 10.55 | 10.76 | 11.32 | 10.80 | 9.37 |
| Profit before tax | 5.90 | 13.42 | 17.90 | 9.50 | (1.87) | 7.69 | 13.54 | 7.15 |
| Tax | 1.49 | 3.83 | 4.67 | 2.51 | (0.45) | 2.56 | 3.38 | 2.03 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 316 | 366 | 340 | 345 | 306 | 340 | 339 | 343 |
| Revenue growth (YoY) | +3.2% | +7.5% | +0.3% | +0.6% | +12.9% | - | - | - |
| Other income | 7.54 | 4.85 | 5.03 | 3.61 | 4.35 | 7.44 | 2.80 | 3.04 |
| EBITDA | 22.17 | 34.15 | 37.80 | 30.09 | 17.62 | 25.43 | 33.65 | 25.52 |
| EBITDA margin | +7.0% | +9.3% | +11.1% | +8.7% | +5.8% | +7.5% | +9.9% | +7.4% |
| Depreciation | 13.73 | 13.18 | 13.42 | 13.56 | 13.04 | 12.49 | 12.12 | 12.01 |
| Interest | 9.87 | 10.50 | 10.74 | 10.55 | 10.76 | 11.32 | 10.80 | 9.37 |
| Profit before tax | 6.11 | 15.32 | 18.67 | 9.59 | (1.83) | 9.06 | 13.53 | 7.18 |
| Tax | 1.49 | 3.83 | 4.67 | 2.51 | (0.45) | 3.20 | 3.38 | 2.16 |
| Net profit | 4.62 | 11.49 | 14.00 | 7.08 | (1.38) | 5.86 | 10.15 | 5.02 |
| EPS (₹) | 1.35 | 3.36 | 4.09 | 2.07 | (0.40) | 1.71 | 2.96 | 1.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,356 | 1,293 | 1,264 | 1,499 | 1,190 | 787 | 1,290 |
| Revenue growth | +4.9% | +2.3% | -15.7% | +26.0% | +51.3% | -39.0% | - |
| Other income | 17.85 | 17.53 | 19.60 | 16.44 | 19.67 | 20.29 | 13.32 |
| Total expenses | 1,237 | 1,191 | 1,163 | 1,301 | 1,072 | 711 | 1,145 |
| Employee cost | 321 | 295 | 283 | 286 | 219 | 153 | 242 |
| EBITDA | 120 | 101 | 101 | 197 | 118 | 75.80 | 144 |
| EBITDA margin | +8.8% | +7.8% | +8.0% | +13.2% | +9.9% | +9.6% | +11.2% |
| Depreciation | 53.20 | 47.93 | 43.38 | 40.78 | 41.86 | 46.48 | 51.20 |
| Interest | 42.55 | 39.59 | 29.63 | 31.74 | 24.79 | 32.56 | 48.72 |
| Profit before tax | 41.78 | 31.14 | 47.43 | 141 | 70.90 | 17.05 | 57.48 |
| Tax | 10.56 | 8.98 | 11.89 | 28.61 | 25.28 | 2.53 | 4.18 |
| Net profit | 37.37 | 21.71 | 35.18 | 111 | 44.01 | 12.10 | 52.93 |
| Net profit margin | +2.8% | +1.7% | +2.8% | +7.4% | +3.7% | +1.5% | +4.1% |
| EPS (₹) | 9.11 | 6.47 | 10.38 | 32.93 | 26.65 | 8.48 | 31.13 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 17.12 | 17.12 | 17.12 | 17.12 | 17.12 | 17.12 | 17.12 |
| Reserves & surplus | 568 | 542 | 518 | 492 | 382 | 340 | 324 |
| Shareholders' funds (net worth) | 585 | 559 | 535 | 509 | 399 | 357 | 341 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 455 | 434 | 330 | 346 | 237 | 196 | 291 |
| Unsecured loans | 20.08 | 20.17 | 25.22 | 27.50 | 24.74 | 31.54 | 29.66 |
| Total debt | 475 | 454 | 355 | 373 | 262 | 227 | 321 |
| Total liabilities | 1,085 | 1,023 | 901 | 891 | 670 | 592 | 673 |
| Assets | |||||||
| Gross block | 992 | 907 | 772 | 680 | 588 | 596 | 589 |
| Net block | 555 | 521 | 424 | 370 | 314 | 338 | 374 |
| Capital work in progress | 30.16 | 19.53 | 19.65 | 21.91 | 28.92 | 0.68 | 0.60 |
| Investments | 13.72 | 9.67 | 7.95 | 6.14 | 3.37 | 2.70 | 2.90 |
| Inventories | 303 | 313 | 272 | 314 | 279 | 196 | 237 |
| Sundry debtors | 244 | 201 | 207 | 212 | 126 | 115 | 140 |
| Cash & bank balances | 9.32 | 13.87 | 28.22 | 37.31 | 27.42 | 14.40 | 12.91 |
| Loans & advances | 68.03 | 68.80 | 62.00 | 60.17 | 72.43 | 59.95 | 68.42 |
| Total current assets | 624 | 597 | 570 | 624 | 505 | 386 | 459 |
| Total current liabilities | 168 | 151 | 150 | 159 | 186 | 127 | 151 |
| Net working capital | 457 | 446 | 419 | 465 | 319 | 259 | 308 |
| Total assets | 1,085 | 1,023 | 901 | 891 | 670 | 592 | 673 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.05 | 8.56 | 14.61 | - | 7.70 | 3.55 | 8.06 |
| Net cash from operating activities | 118 | 77.22 | 142 | - | 52.67 | 132 | 208 |
| Net cash from investing activities | (95.01) | (137) | (90.08) | - | (47.21) | (2.57) | (6.86) |
| Net cash from financing activities | (25.43) | 55.23 | (58.41) | - | 5.58 | (126) | (206) |
| Net change in cash | (2.45) | (4.51) | (6.05) | - | 11.04 | 4.16 | (4.51) |
| Closing cash | 9.32 | 13.87 | 28.22 | - | 27.42 | 14.40 | 12.91 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +4.9% | +2.3% | -15.7% | +26.0% | +51.3% | -39.0% | - |
| EBITDA growth | +18.3% | +0.3% | -48.9% | +67.5% | +55.5% | -47.4% | - |
| PBT growth | +34.2% | -34.4% | -66.4% | +99.4% | +315.8% | -70.3% | +191.9% |
| Net income growth | +72.1% | -38.3% | -68.3% | +152.3% | +263.7% | -77.1% | - |
| Revenue CAGR (3Y) | -3.3% | +2.8% | +17.1% | +5.1% | -4.2% | -15.3% | +1.2% |
| EBITDA CAGR (3Y) | -15.4% | -5.0% | +10.0% | +11.1% | +0.2% | -11.7% | +2.8% |
| Profitability & leverage | |||||||
| Net income margin | +2.3% | +1.7% | +2.8% | +7.5% | +3.8% | +1.9% | +4.1% |
| Return on capital employed | +8.8% | +7.4% | +8.6% | - | +15.2% | +7.3% | +14.7% |
| Return on net worth | +6.5% | +4.1% | +6.8% | - | +12.1% | +3.5% | +16.8% |
| Debt / equity | 0.81 | 0.74 | 0.70 | - | 0.65 | 0.78 | 1.25 |
| Long-term debt / equity | 0.35 | 0.32 | 0.26 | - | 0.33 | 0.33 | 0.35 |
| Interest cover | 64.00 | 74.42 | 51.57 | 20.26 | 32.61 | 111.05 | 52.45 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.43 | 1.54 | 1.74 | - | 2.01 | 1.33 | 2.20 |
| Inventory turnover | 4.40 | 4.42 | 4.31 | - | 5.01 | 3.63 | 4.91 |
| Debtors turnover | 6.10 | 6.32 | 6.03 | - | 9.86 | 6.17 | 8.50 |
| EPS (₹) | 9.11 | 6.47 | 10.38 | 32.93 | 26.65 | 8.48 | 31.13 |
| Dividend per share (₹) | 1.00 | 1.00 | 1.00 | 3.00 | 2.50 | 1.50 | 1.50 |
| Book value per share (₹) | 170.85 | 163.39 | 156.27 | 148.70 | 232.98 | 208.64 | 199.27 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 316 | 366 | 340 | 345 | 306 | 340 | 339 | 343 |
| Revenue growth (YoY) | +3.3% | +7.7% | +0.3% | +0.6% | +12.8% | - | - | - |
| Other income | 6.60 | 3.55 | 3.65 | 2.87 | 3.82 | 7.05 | 2.39 | 2.64 |
| Total expenses | 293 | 332 | 301 | 314 | 288 | 315 | 305 | 317 |
| EBITDA | 22.89 | 33.55 | 38.40 | 30.73 | 18.10 | 24.44 | 34.06 | 25.88 |
| EBITDA margin | +7.2% | +9.2% | +11.3% | +8.9% | +5.9% | +7.2% | +10.1% | +7.6% |
| Depreciation | 13.72 | 13.18 | 13.41 | 13.55 | 13.03 | 12.48 | 12.11 | 12.00 |
| Interest | 9.87 | 10.50 | 10.74 | 10.55 | 10.76 | 11.32 | 10.80 | 9.37 |
| Profit before tax | 5.90 | 13.42 | 17.90 | 9.50 | (1.87) | 7.69 | 13.54 | 7.15 |
| Tax | 1.49 | 3.83 | 4.67 | 2.51 | (0.45) | 2.56 | 3.38 | 2.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,356 | 1,292 | 1,264 | 1,499 | 1,190 | 787 | 1,290 |
| Revenue growth | +5.0% | +2.2% | -15.7% | +26.0% | +51.3% | -39.0% | - |
| Other income | 13.89 | 15.77 | 17.92 | 14.59 | 19.67 | 19.59 | 13.32 |
| Total expenses | 1,235 | 1,190 | 1,162 | 1,301 | 1,071 | 711 | 1,145 |
| Employee cost | 320 | 295 | 282 | 286 | 219 | 153 | 242 |
| EBITDA | 121 | 101 | 103 | 198 | 119 | 75.80 | 144 |
| EBITDA margin | +8.9% | +7.9% | +8.1% | +13.2% | +10.0% | +9.6% | +11.2% |
| Depreciation | 53.16 | 47.89 | 43.35 | 40.77 | 41.86 | 46.48 | 51.20 |
| Interest | 42.55 | 39.59 | 29.62 | 31.74 | 24.79 | 32.56 | 48.72 |
| Profit before tax | 38.96 | 29.74 | 47.60 | 140 | 72.02 | 16.35 | 57.59 |
| Tax | 10.56 | 8.34 | 12.36 | 28.78 | 25.28 | 2.41 | 4.19 |
| Net profit | 34.37 | 20.95 | 34.88 | 110 | 45.11 | 11.53 | 53.03 |
| Net profit margin | +2.5% | +1.6% | +2.8% | +7.3% | +3.8% | +1.5% | +4.1% |
| EPS (₹) | 8.30 | 6.25 | 10.30 | 32.55 | 27.31 | 8.14 | 31.19 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 17.12 | 17.12 | 17.12 | 17.12 | 17.12 | 17.12 | 17.12 |
| Reserves & surplus | 564 | 541 | 518 | 492 | 383 | 340 | 325 |
| Shareholders' funds (net worth) | 581 | 558 | 535 | 509 | 400 | 357 | 342 |
| Secured loans | 455 | 434 | 330 | 346 | 217 | 196 | 290 |
| Unsecured loans | 20.08 | 20.17 | 25.22 | 27.50 | 44.74 | 31.54 | 30.48 |
| Total debt | 475 | 454 | 355 | 373 | 262 | 227 | 321 |
| Total liabilities | 1,081 | 1,022 | 900 | 891 | 671 | 592 | 674 |
| Assets | |||||||
| Gross block | 992 | 907 | 772 | 680 | 588 | 596 | 589 |
| Net block | 555 | 521 | 424 | 370 | 314 | 338 | 374 |
| Capital work in progress | 30.16 | 19.53 | 19.65 | 21.91 | 28.92 | 0.68 | 0.60 |
| Investments | 12.36 | 10.11 | 9.70 | 5.88 | 4.70 | 2.91 | 3.70 |
| Inventories | 303 | 313 | 271 | 314 | 279 | 196 | 237 |
| Sundry debtors | 244 | 202 | 207 | 212 | 126 | 115 | 140 |
| Cash & bank balances | 7.94 | 13.18 | 27.70 | 37.18 | 27.42 | 14.40 | 12.91 |
| Loans & advances | 67.18 | 68.36 | 61.71 | 60.81 | 72.43 | 59.95 | 68.42 |
| Total current assets | 621 | 596 | 568 | 624 | 505 | 386 | 459 |
| Total current liabilities | 167 | 151 | 150 | 159 | 186 | 127 | 151 |
| Net working capital | 454 | 445 | 418 | 465 | 319 | 259 | 308 |
| Total assets | 1,081 | 1,022 | 900 | 891 | 671 | 592 | 674 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3.36 | 8.03 | 14.60 | 18.75 | 7.70 | 3.55 | 8.06 |
| Net cash from operating activities | 121 | 79.07 | 145 | 20.13 | 54.20 | 132 | 205 |
| Net cash from investing activities | (98.53) | (139) | (93.33) | (99.53) | (48.03) | (2.57) | (3.83) |
| Net cash from financing activities | (25.43) | 55.23 | (58.41) | 75.25 | 4.87 | (126) | (206) |
| Net change in cash | (3.14) | (4.67) | (6.57) | (4.14) | 11.04 | 4.16 | (4.51) |
| Closing cash | 7.94 | 13.18 | 27.70 | 37.18 | 27.42 | 14.40 | 12.91 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +5.0% | +2.2% | -15.7% | +26.0% | +51.3% | -39.0% | - |
| EBITDA growth | +19.1% | -1.2% | -48.2% | +66.5% | +57.0% | -47.4% | - |
| PBT growth | +31.0% | -37.5% | -66.1% | +94.7% | +340.5% | -71.6% | +195.2% |
| Net income growth | +64.1% | -39.9% | -68.2% | +143.2% | +291.2% | -78.3% | - |
| Revenue CAGR (3Y) | -3.3% | +2.8% | +17.1% | +5.1% | -4.2% | -15.2% | +1.2% |
| EBITDA CAGR (3Y) | -15.2% | -5.2% | +10.6% | +11.2% | +0.5% | -11.9% | +2.8% |
| Profitability & leverage | |||||||
| Net income margin | +2.1% | +1.7% | +2.8% | +7.4% | +3.9% | +1.8% | +4.1% |
| Return on capital employed | +8.6% | +7.2% | +8.6% | +22.0% | +15.3% | +7.2% | +14.6% |
| Return on net worth | +6.0% | +3.9% | +6.8% | +24.5% | +12.3% | +3.3% | +16.8% |
| Debt / equity | 0.82 | 0.74 | 0.70 | 0.70 | 0.65 | 0.78 | 1.25 |
| Long-term debt / equity | 0.35 | 0.32 | 0.26 | 0.26 | 0.32 | 0.34 | 0.37 |
| Interest cover | 62.93 | 73.92 | 49.95 | 20.17 | 32.14 | 111.05 | 52.39 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.43 | 1.54 | 1.74 | 2.36 | 2.01 | 1.33 | 2.20 |
| Inventory turnover | 4.41 | 4.42 | 4.32 | 5.06 | 5.01 | 3.63 | 4.91 |
| Debtors turnover | 6.09 | 6.32 | 6.03 | 8.85 | 9.86 | 6.17 | 8.50 |
| EPS (₹) | 8.30 | 6.25 | 10.30 | 32.55 | 27.31 | 8.14 | 31.19 |
| Dividend per share (₹) | 1.00 | 1.00 | 1.00 | 3.00 | 2.50 | 1.50 | 1.50 |
| Book value per share (₹) | 169.74 | 163.11 | 156.20 | 148.71 | 233.78 | 208.79 | 199.73 |
To see the full year-wise statements and ratios of Banswara Syntex Ltd, buy the company report.
Board of directors of Banswara Syntex Ltd
Banswara Syntex has 9 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaleen Toshniwal Also directs: Banswara Brands Private Limited, Speedshore Trading Company Private Limited, Bharat Tex Trade Federation and 1 more | Managing Director | 01 Oct 2010 | 16 Years 0 Months | Current |
| Rakesh Mehra | Whole-Time Director | 01 Aug 2007 | 19 Years 2 Months | Current |
| Ravindrakumar Toshniwal | Whole-Time Director | 24 Aug 2007 | 19 Years 1 Months | Current |
| Jagdeesh Mal Mehta | Director | 27 Oct 2016 | 9 Years 11 Months | Current |
| Rahul Mehta Narendra Also directs: Nandan Denim Limited, Pearl Global Industries Limited, Creative Vastrado Private Limited and 3 more | Director | 29 Jan 2025 | 1 Years 8 Months | Current |
| Kavita Soni Also directs: Lawson Trading Co Pvt Ltd, Speedshore Trading Company Private Limited, Moonfine Trading Company Private Limited and 2 more | Whole-Time Director | 05 Nov 2024 | 1 Years 11 Months | Current |
Peer comparison
Banswara Syntex Ltd is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aarti International Limited | ₹1,365.24 Cr (FY 2025) | 6.0% | Punjab, India | |||
| Aym Syntex Limited Listed | ₹1,365.08 Cr (FY 2024) | -7.0% | Mumbai, Maharashtra, India | |||
| Brandix Apparel India Private Limited | ₹1,359.28 Cr (FY 2025) | 19.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Banswara Syntex Ltd this company | ₹1,356.28 Cr (FY 2026) | 4.9% | 8,513 | Banswara, Rajasthan, India | ||
| S.T. Cottex Exports Private Limited | ₹1,326.16 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Vardhman Yarns and Threads Limited | ₹1,324.53 Cr (FY 2025) | 12.0% | Ludhiana, Punjab, India | |||
| Kapoor Industries Limited. | ₹1,296.12 Cr (FY 2025) | 28.0% | New Delhi, Delhi, India | |||
| Hyosung India Private Limited | ₹1,286.84 Cr (FY 2025) | 21.0% | Aurangabad, Maharashtra, India | |||
| Rupa & Company Ltd Listed | ₹1,257.09 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| D.N.H. Spinners Private Limited | ₹1,246.3 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Banswara Syntex Ltd, buy the company report.
Auditor
Banswara Syntex Ltd is audited by K.G SOMANI & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.G SOMANI & CO. LLP | FY 2023 | 006591N/N500377 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 54.20%, foreign institutional investors hold 7.90%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 37.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 54.20% | 54.20% | 54.20% | 54.20% |
| Public | 45.80% | 45.80% | 45.80% | 45.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2023 | 100838609 | Others | ₹431.3 Cr | Open | |
| 27 Dec 2022 | 100676709 | Others | ₹445.21 Cr | Open | |
| 26 Feb 1982 | 90066088 | The Industrial Credit & Investment Corp. of India Ltd. | ₹10 Lakh | Open | |
| 30 Oct 1981 | 90066080 | Rajsthan State Industrial Development & Invert. Corp. Ltd. | ₹45 Lakh | Open | |
| 12 Mar 2025 | 101060168 | Others | ₹78 Cr | Satisfied |
To see the full charge records of Banswara Syntex Ltd, buy the company report.
Total charge records: 96 View all charges
Deals & funding
Banswara Syntex Ltd has 21 deals on record (20 market trades, 1 funding round), with disclosed funding of ₹2.62 Cr; the latest was in March 2025.
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Market trade | ₹3.31 Cr | Seller: an individual |
| Mar 2025 | Market trade | ₹13.31 Cr | Seller: an individual |
| Mar 2025 | Market trade | ₹12.17 Cr | Seller: an individual |
| Oct 2005 | Market trade | ₹4.03 Cr | Buyer: Reliance Caital Asset Man Seller: Lawson Trading Co Pvt Ltd |
| Jun 2005 | Market trade | ₹1.54 Cr | Buyer: Reliance Capital Asset Ma Seller: Niral Trading Private Limited , Lawson Trading Co Pvt Ltd |
To see the full deal history of Banswara Syntex Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Banswara Syntex Ltd has 318 court cases on record: 207 filed by Banswara Syntex, 111 filed against it. 57 cases are pending and 261 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 212 | 44 | 39 |
| District courts | 63 | 31 | 17 |
| Supreme Court | 36 | 30 | 1 |
| NCLAT | 5 | 5 | 0 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 318)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by M/S Samrat Gems Impex Pvt Ltd., | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Rajasthan State Industrial Development and Investment Corporation Ltd., | Pending |
| High Court | Court case (SAW) | Filed against the company by Rajasthan State Industrial Development and Investment Corporation Ltd., Vinod Purohit, ,Sanjeet Purohit and 4 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Samrat Gems Impex Private Limited | Disposed |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Samrat Gems Impex Private Limited | Disposed |
To see the full case history of Banswara Syntex Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Banswara Syntex Ltd was last rated by Crisil on 27 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Apr 2020 |
To see the full credit ratings and regulatory alerts of Banswara Syntex Ltd, buy the company report.
MSME payment delays
Banswara Syntex Ltd has 16 MSME Form 1 returns on record between 2019 and 2024, listing 2,500 overdue payments to 389 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 389)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Amtech India | |||
| Solution Point Automation Private Limited | |||
| The Chemical Centre | |||
| an individual supplier |
To see the full MSME payment records of Banswara Syntex Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Banswara Syntex has 1 subsidiary company and 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Banswara Brands Private Limited | U17299MH2022PTC389094 |
To see the full group structure of Banswara Syntex Ltd, buy the company report.
Employees & EPFO
Banswara Syntex Ltd has a workforce of 8,513 employees on its EPFO records as of Apr 07, 2024, across 4 active EPFO establishments.
GST
Banswara Syntex has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACB8403F1Z2 | Delhi | Active | 01 Jul 2017 |
| 09AAACB8403F1ZY | Uttar Pradesh | Active | 01 Jul 2017 |
| 24AAACB8403F1Z6 | Gujarat | Active | 01 Jul 2017 |
| 27AAACB8403F1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Banswara Syntex Ltd, buy the company report.
Recent activity
Banswara Syntex Ltd has 48 board changes on record since 1976: 29 appointments and 19 cessations. The latest: Udeypaul Singh Gill was appointed as Additional Director on 20 May 2026.
294 earlier events are in the company report.
News
Frequently asked questions
Banswara Syntex is an active public limited company based in Banswara, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 05 May 1976 (50+ years old) and is registered under CIN L24302RJ1976PLC001684. Listed on BSE: 503722 and NSE: BANSWRAS.
Banswara Syntex reported revenue of ₹1,356.28 Cr for FY 2025-26 (up 4.9% YoY) based on consolidated financials.
Banswara Syntex has 9 current directors:
- Shaleen Toshniwal - Managing Director
- Rakesh Mehra - Whole-Time Director
- Ravindrakumar Toshniwal - Whole-Time Director
- Kavita Soni - Whole-Time Director
- Jagdeesh Mal Mehta - Director
- Rahul Mehta Narendra - Director
- Ajay Sharma - Director
- Narendra Kumar Anand Ambwani - Director
- Udeypaul Singh Gill - Additional Director
The latest financial statements of Banswara Syntex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Banswara Syntex is 07AAACB8403F1Z2, registered in Delhi. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 09AAACB8403F1ZY (Uttar Pradesh), 24AAACB8403F1Z6 (Gujarat), 27AAACB8403F1Z0 (Maharashtra).
The CIN (Corporate Identification Number) of Banswara Syntex is L24302RJ1976PLC001684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Banswara Syntex is listed on both BSE (code: 503722) and NSE (symbol: BANSWRAS).
Banswara Syntex has 318 court cases on record: 207 filed by the company and 111 filed against it. 57 are pending. Most are in the high courts.
Banswara Syntex was incorporated on 05 May 1976, making it 50+ years old. It is registered with the Registrar of Companies, Jaipur.
Banswara Syntex has 21 deals on record (20 market trades, 1 funding round), with disclosed funding of ₹2.62 Cr; the latest was in March 2025.
The peers of Banswara Syntex by revenue are Aarti International Limited, Aym Syntex Limited, Brandix Apparel India Private Limited, S.T. Cottex Exports Private Limited, Vardhman Yarns and Threads Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Udeypaul Singh Gill was appointed as Additional Director on 20 May 2026. David Vlerick ceased to be Director on 13 Feb 2025. Rahul Mehta Narendra was appointed as Director on 29 Jan 2025. Banswara Syntex has 48 board changes on record in total.