AYM Syntex Weaves Stronger Q4 As Profit Climbs On Stable Yarn Demand

Nikunj Parikh May 19, 2026 320 Views

AYM Syntex Limited reported a steady uptick in profitability for Q4 FY26, supported by resilient synthetic yarn demand, tighter cost control and disciplined capital allocation. The Mumbai-based manufacturer also underlined progress on its merger plan and one-off employee cost impact from India’s new Labour Codes.

The company posted consolidated revenue from operations of 3.66 billion rupees for the March 2026 quarter, with consolidated net profit at 90.2 million rupees. For the full year, AYM Syntex delivered stable topline performance despite a challenging textiles environment, while focusing on debt reduction, capacity investment and employee stock option plans to drive long-term growth.

Quarterly Performance And Margins

In Q4 FY26, consolidated revenue from operations stood at 3,657.7 million rupees with total income at 3,679.7 million rupees. Profit before tax came in at 134.3 million rupees, after absorbing higher employee benefits and elevated finance costs, translating into a profit after tax of 90.2 million rupees and earnings per share of 1.54 rupees on a consolidated basis.

Full-Year FY26 And Balance Sheet Health

For FY26, consolidated revenue from operations was 13,651.2 million rupees, compared to 14,890.0 million rupees in FY25, while total income reached 13,756.3 million rupees. Full-year consolidated profit after tax stood at 655 million rupees with total comprehensive income of 686 million rupees, as net worth rose to 5,885.5 million rupees on equity share capital of 586.1 million rupees and reserves of 5,299.4 million rupees. Total assets increased to 10,717.3 million rupees, reflecting ongoing capex and working capital deployment.

Strategic Initiatives And Regulatory Impact

AYM Syntex continued to execute its growth strategy through capacity additions, technology upgrades and employee stock option schemes AYMSOP 2021 and AYMSOP 2022, which led to fresh equity issuance during FY26. The board is progressing with the proposed merger of Mandawewala Enterprises Limited into AYM Syntex, with the National Company Law Tribunal directing shareholder and creditor meetings for approval. The company also recognised an estimated 174.64 million rupees annual incremental employee benefits expense under India’s new Labour Codes, booked in FY26 as part of operating costs.

Key Highlights

Q4 FY26 consolidated revenue from operations: 3.66 billion rupees
Q4 FY26 consolidated net profit: 90.2 million rupees
FY26 consolidated PAT: 655 million rupees; EPS 1.12 rupees
FY26 revenue from operations: 13,651.2 million rupees; total income 13,756.3 million rupees
Total assets as of 31 March 2026: 10,717.3 million rupees; net worth 5,885.5 million rupees
Incremental employee benefit charge under New Labour Codes: 174.64 million rupees in FY26
Strong operating cash flow of 1,511.7 million rupees; capex outflow of 1,226.2 million rupees funded partly via borrowings
Ongoing merger process with Mandawewala Enterprises and continued ESOP-led equity dilution