Integrated Filing — IndAS



General information about company

Scrip Code 532782
NSE Symbol SUTLEJTEX
MSEI Symbol NOTLISTED
ISIN INE645H01027
Name of company SUTLEJ TEXTILES AND INDUSTRIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 05-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 28-04-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 05-05-2026   11:30:00
End date and time of board meeting 05-05-2026   13:17:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 69,319.00 2,57,549.00
Other income 613.00 1,844.00
Total income 69,932.00 2,59,393.00
2 Expenses
(a) Cost of materials consumed 37,201.00 1,41,125.00
(b) Purchases of stock-in-trade 407.00 2,198.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 641.00 (436.00)
(d) Employee benefit expense 10,667.00 44,382.00
(e) Finance costs 1,700.00 6,607.00
(f) Depreciation, depletion and amortisation expense 2,738.00 10,951.00
(f) Other Expenses
1 Power and Fuel 7,681.00 30,624.00
2 Others 9,830.00 34,374.00
Total other expenses 17,511.00 64,998.00
Total expenses 70,865.00 2,69,825.00
3 Total profit before exceptional items and tax (933.00) (10,432.00)
4 Exceptional items (1,139.00) (1,316.00)
5 Total profit before tax (2,072.00) (11,748.00)
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax (254.00) (3,117.00)
9 Total tax expenses (254.00) (3,117.00)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (1,818.00) (8,631.00)
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (1,818.00) (8,631.00)
17 Other comprehensive income net of taxes 403.00 689.00
18 Total Comprehensive Income for the period (1,415.00) (7,942.00)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 1,638.00 1,638.00
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 79,899.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -1.11 -5.27
Diluted earnings (loss) per share from continuing operations -1.11 -5.27
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -1.11 -5.27
Diluted earnings (loss) per share from continuing and discontinued operations -1.11 -5.27
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes: 1. The above consolidated annual financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 5 May 2026. These results have been prepared in accordance with Indian Accounting Standard (‘Ind AS’) prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules thereunder and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. 2. The consolidated annual financial results of the Group are in accordance with the requirements of Ind AS 110 ‘Consolidated Financial Statements’. These consolidated annual financial results include results of Sutlej Textiles and Industries Limited and Sutlej Holdings Inc. and its step-down subsidiary American Silk Mills, LLC, hereinafter together referred to as “the Group”. 3. Exceptional items: (a) Inventory write-down During the year ended 31 March 2026, pursuant to a strategic decision to curtail operations of one of its subsidiary Company due to adverse market conditions and sustained financial underperformance, the Group reassessed the net realisable value of its inventories. Accordingly, a write-down of finished goods and raw materials amounting to Rs.11.39 crore has been recognised. Considering the nature and materiality of the item, the same has been disclosed as an ‘Exceptional item’ in the Statement of Profit and Loss. (b) Loss on disposal of Captive Co-Generation Power Plant (CGPP) assets During the year ended 31 March 2023, the plant and equipment of the Captive Co-Generation Power Plant (CGPP) were decommissioned and classified as “Assets Held for Sale,” and an impairment loss of Rs. 20.51 crores was recognized. The earlier sale agreement was subsequently cancelled due to the buyer’s non-fulfilment of contractual obligations, and the excess advance received was forfeited. During the current year, the remaining CGPP assets were sold for Rs. 3.57 crores (excluding GST), resulting in an additional loss of Rs. 1.29 crores recognised under ‘Exceptional item’ in the Statement of Profit and Loss. (c) Impact of New Labour Codes – employee benefits Effective 21 November 2025, the Government of India has consolidated multiple existing labour legislations into a unified framework comprising four labour Codes collectively referred to as the 'New Labour Codes'. Under Ind AS 19, changes to employee benefit plans arising from legislative amendments constitute a plan amendment, requiring recognition of past service cost immediately in the Statement of Profit and Loss. The New Labour Codes have resulted in one time increase in provision for employee benefit of the Group. The estimated incremental impact of the same amounting to Rs. 0.48 crores was recognised and presented under 'Exceptional item' in the Statement of Profit and Loss for the quarter and nine months ended 31 December 2025. The Group continues to monitor the finalisation of Central / State Rules and any clarifications from the Government on other aspects of the New Labour Codes and would provide appropriate accounting effect in the relevant period on the basis of such developments as needed. 4. The figures for the quarter ended 31 March 2026 and 31 March 2025 are the balancing figures between the audited figures in respect of the full financial year and published year to date figures up to 31 December 2025 and 31 December 2024. Also, the figures up to the end of the third quarter were only reviewed and not subject to audit. 5. The audited report of the statutory auditors is being filed with BSE Limited and National Stock Exchange of India Limited. For more details on audited financial results, visit investor relations section of our website www.sutlejtextiles.com and financial results in the Corporate section of www.bseindia.com and www.nseindia.com. 6. Segment information as per Ind AS-108, ‘Operating Segments’ is disclosed in Annexure-I.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 95,646.00
Capital work-in-progress 879.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 577.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 83.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other non-current financial assets 1,356.00
Total of other non-current financial assets 1,356.00
Total non-current financial assets 1,439.00
Deferred tax assets (net) 3,843.00
Other non-current assets
1 Other non-current assets 2,904.00
Total of other non-current assets 2,904.00
Total non-current assets 1,05,288.00
2 Current assets
Inventories 50,559.00
Current financial asset
Current investments 0.00
Trade receivables, current 37,341.00
Cash and cash equivalents 691.00
Bank balance other than cash and cash equivalents 858.00
Loans, current 0.00
Other current financial assets
Total of other current financial assets 5,181.00
Total current financial assets 44,071.00
Current tax assets (net) 306.00
Other current assets
1 Other current assets 4,798.00
Total of other current assets 4,798.00
Total current assets 99,734.00
3 Non-current assets classified as held for sale 13.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 2,05,035.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,638.00
Other equity 79,899.00
Total equity attributable to owners of parent 81,537.00
Non controlling interest 0.00
Total equity 81,537.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 33,340.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Other non-current financial liabilities 708.00
Total of other non-current financial liabilities 708.00
Total non-current financial liabilities 34,048.00
Provisions, non-current 1,010.00
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 85.00
Total of other non-current liabilities 85.00
Total non-current liabilities 35,143.00
Current liabilities
Current financial liabilities
Borrowings, current 59,571.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 3,902.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 14,014.00
Total Trade payable 17,916.00
Other current financial liabilities
1 Other current financial liabilities 7,327.00
Total of other current financial liabilities 7,327.00
Total current financial liabilities 84,814.00
Other current liabilities 2,033.00
1 Other current liabilities 2,033.00
Total of other current liabilities 2,033.00
Provisions, current 1,508.00
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 88,355.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 1,23,498.00
Total equity and liabilites 2,05,035.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Yarn 64,902.00 2,39,941.00
2 Home Textile 4,479.00 17,889.00
3 Less: Exceptional Items 0.00 0.00
Total Segment Revenue 69,381.00 2,57,830.00
Less: Inter segment revenue 62.00 281.00
Revenue from operations 69,319.00 2,57,549.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Yarn 921.00 (1,226.00)
2 Home Textile (132.00) (2,248.00)
3 Less: Exceptional Items (1,139.00) (1,316.00)
Total Profit before tax (350.00) (4,790.00)
i. Finance cost 1,700.00 6,607.00
ii. Other Unallocable Expenditure net off Unallocable income 22.00 351.00
Profit before tax (2,072.00) (11,748.00)
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Yarn 1,75,384.00 1,75,384.00
2 Home Textile 23,286.00 23,286.00
3 Less: Exceptional Items 0.00 0.00
Total Segment Asset 1,98,670.00 1,98,670.00
Un-allocable Assets 6,365.00 6,365.00
Net Segment Asset 2,05,035.00 2,05,035.00
4 Segment Liabilities
Segment Liabilities
1 Yarn 72,810.00 72,810.00
2 Home Textile 11,349.00 11,349.00
3 Less: Exceptional Items 0.00 0.00
Total Segment Liabilities 84,159.00 84,159.00
Un-allocable Liabilities 39,339.00 39,339.00
Net Segment Liabilities 1,23,498.00 1,23,498.00
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of defined benefit plans 619.00 881.00
Total Amount of items that will not be reclassified to profit and loss 619.00 881.00
2 Income tax relating to items that will not be reclassified to profit or loss 221.00 308.00
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences on translation of operations into reporting currency 5.00 116.00
Total Amount of items that will be reclassified to profit and loss 5.00 116.00
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 403.00 689.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax (11,748.00)
Adjustments for reconcile profit (loss)
Adjustments for finance costs 6,607.00
Adjustments for decrease (increase) in inventories 1,895.00
Adjustments for decrease (increase) in trade receivables, current (2,196.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (1,031.00)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current (30.00)
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 1,635.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 348.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 10,951.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 254.00
Adjustments for other financial liabilities, current 333.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 1,171.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 19,937.00
Net cash flows from (used in) operations 8,189.00
Dividends received 0.00
Interest paid 0.00
Interest received (684.00)
Income taxes paid (refund) 276.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 7,229.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 571.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 694.00
Purchase of property, plant and equipment 6,465.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 694.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (107.00)
Net cash flows from (used in) investing activities (5,755.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 13,500.00
Repayments of borrowings 8,651.00
Payments of lease liabilities 131.00
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (6,693.00)
Net cash flows from (used in) financing activities (1,975.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (501.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (501.00)
Cash and cash equivalents cash flow statement at beginning of period 1,192.00
Cash and cash equivalents cash flow statement at end of period 691.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s. BSR & Co. LLP Yes 31-07-2028