Mafatlal Industries Delivers Record INR 2,269.9 Crore Half-Yearly Revenue, Up 56.8 percent YoY; Operating EBITDA Jumps 53.5 percent

Mumbai, 5th November 2025: Mafatlal Industries Limited, a century-old leading name in Indian textiles, announced today its unaudited financial results for the quarter and half year ended September 30, 2025 (Q2 & H1FY26). The company reported its highest-ever half-yearly revenue, driven by robust growth in the institutional, uniforms, consumer durables, and textile segments.

For H1FY26, revenue from operations grew significantly on a YoY basis from INR 1,447.3 crore to ₹2,269.9 crore, led by the execution of large institutional orders and increased traction in the textile and related product segments. The company’s operating EBITDA also saw a healthy year-on-year growth of 53.5%, reflecting improved operational efficiency and improved underlying business performance.

During Q2FY26, the company clocked a healthy improvement in operational profitability, and operating EBITDA growth outpaced total EBITDA growth, as operations fueled profitability rather than non-recurring income sources.

The digital infrastructure segment gained momentum during the quarter, driven by institutional orders for setting up Personalized Adaptive Learning (PAL) Labs equipped with integrated software solutions and after-sales service. The company’s institutional and uniforms businesses continued to be key growth drivers, supported by large-scale orders across states, such as:

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

As of September 30, 2025, the company’s gross debt was ₹58.0 crore, of which long-term debt was ₹31.5 crore. The company continues to maintain a healthy balance sheet.

The Board of Directors also approved an interim dividend of ₹1.25 per equity share for FY26.

Commenting on the performance, Mr. M. B. Raghunath, Chief Executive Officer, said:

“We are pleased to report our highest-ever half-yearly performance in H1FY26. This growth reflects our focused business strategy, asset-light model, and disciplined execution across segments. Our institutional and uniforms businesses continue to demonstrate strength, supported by operational excellence and value-added offerings. With a strong order book of around INR 900 crore, we are well-positioned to sustain our growth momentum and surpass last year’s performance.”