Target ~Rs 5,000 crore revenue in FY27
Management targets approximately Rs 5,000 crore revenue for FY27, implying ~10% growth from current annualized run-rate of Rs 4,500 crore, driven by improved capacity utilization in knit and milange segments.
RSWM / guidance tracker
Keep management guidance in view.
RSWM · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
revenue
Double-digit EBITDA margin in 6-8 quarters
Management explicitly stated intention to reach double-digit EBITDA margins (10%+) within 6-8 quarters, supported by favorable US-EU tariff normalization and operational improvements.
Knitting expansion fully operational by H1 FY27
The Rs 92 crore knitting capacity expansion (adding 150 tons/month to reach 900 tons/month) including 120 tons/day printing facility remains on track for H1 FY27 completion.
LJ Green PET facility operational in 12-15 months
Food-grade recycled resin facility in Sehore, MP targeting Rs 475-500 crore revenue, funded at 70:30 debt-equity ratio (Rs 300 crore debt, Rs 127 crore equity).
Q1 FY27 EBITDA expected flat to slightly better than Q4 FY26
Management expects current quarter performance to be slightly better or equal to Q4 FY26 EBITDA of ₹85 crore.
Knitting expansion to be operational by Q3 FY27
The 920-ton capacity expansion, including printing, is expected to be fully implemented in the third quarter of FY27.
Green PET project (B2B) to be operational by Q1 FY28
Construction starts mid-May 2026; first quarter of next financial year targeted for operationalization.
Working capital reduction target through inventory and receivables management
Inventory reduced to ₹620 crore from ₹730 crore; trade receivables to ₹631 crore from ₹696 crore. Continued focus on optimization.