BSL LTD.
P&L
Quarterly Standalone
vs Q4 FY26
BSL Ltd Q1 FY27 Revenue Up 7.4% YoY to ₹169.7 Cr
11 Aug 2026 · 11 Aug, 6:43 pm
Summary
BSL Limited reported a solid performance for Q1 FY27, with revenue increasing by 7.4% year-over-year to ₹169.7 crore, supported by robust domestic demand and a rise in export orders. The company saw a 14.2% year-over-year growth in EBITDA to ₹14.4 crore, accompanied by an improvement in EBITDA margin to 8.5%. Profit After Tax (PAT) demonstrated a substantial 3.7x increase, reaching ₹1.7 crore from ₹0.5 crore in the prior year's quarter. Management expressed optimism about sustaining business momentum and improving profitability, highlighting potential growth from export markets like Africa and the benefits of recent trade agreements.
Key Highlights
- 1
BSL Limited's revenue for Q1 FY27 rose by 7.4% year-over-year to ₹169.7 crore, driven by stronger domestic business momentum and increased export orders.
- 2
Gross profit for Q1 FY27 increased by 9.4% year-over-year to ₹75.4 crore, with a gross profit margin of 44.4%.
- 3
EBITDA for Q1 FY27 surged by 14.2% year-over-year to ₹14.4 crore, and the EBITDA margin improved to 8.5%.
- 4
Profit After Tax (PAT) for Q1 FY27 reached ₹1.7 crore, marking a significant 3.7 times increase compared to ₹0.5 crore in Q1 FY26.
- 5
The company's PAT margin improved to 1.0% in Q1 FY27.
Management Comments
Nivedan Churiwal
The first quarter of FY27 reflected meaningful improvement in operating performance, supported by stronger business activity and focused execution. Revenue from operations stood at ₹169.7 crore, registering growth of 7.4% YoY and 14.8% QoQ. EBITDA increased 14.2% YoY to ₹14.4 crore, with the margin improving to 8.5%. PAT stood at ₹1.7 crore, registering 3.7x growth YoY. Sequentially, EBITDA improved 39.4% QoQ, reflecting stronger operating leverage and the benefits of continued emphasis on execution, cost discipline and efficiency. Looking ahead, our priorities remain focused on higher capacity utilisation, better product mix and cost efficiency. Export demand, particularly from Africa, has improved, creating scope to expand our international business. The evolving US tariff environment will become clearer in the coming quarters, while India’s expanding trade network is opening new avenues for textile exports. The India-New Zealand FTA, signed in April 2026, and the India—Oman CEPA further support this outlook, subject to their respective entry-into-force processes. We remain optimistic about sustaining business momentum and improving profitability and margins in the coming quarters.
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