BSL Ltd. — Earnings Release 2025

May 22, 2025

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PROUD TO BE INDIAN PRIVILEGED TO BE GLOBAL

BSLLtd.

REGO. OFFICE: Post Box No. 16-17 Mandpam, Bhilwara - 311001 (Rajasthan) INDIA Tel. : (91-1482) 245000 E-mail: accounts@bslsuitings.com, Website : www.bslltd.com CIN: L24302RJ1970PLC002266

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www.bslltd.com

REF: BSL/CS/2025-26/ Dated: 22[nd ] May, 2025

National Stock Exchange oflndia Ltd BSE Ltd Listing Department Derartment of Corporate Services Exchange Plaza 25[1 ] Floor, Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra (E) Kala Ghoda, Fort, Mumbai- 400 051 Mumbai, Maharashtra 400 001 NSE Symbol: BSL BSE Scrip Code: 514045

Subject: Press Release of the Company

Dear Sir/Ma'am,

Please find enclosed the press release being issued by the Company.

This will also be hosted on the Website of the Company w[w] w.bslltd.com.

This is for your information and records please.

Thanking you, Yours Faithfully For BSL Limited

Shubham Jain Digitally signed by Shubham Jain Date: 2025.05.22 20:32:34 +05'30'

Shubham Jain Company Secretary M. No.: ACS-49973 Enc: a/a

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;i��i� Tested for harmful substances according to Oeko-Tex Standard 100 No. 09.HIN.68375 Hohenstein

Press Release

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BSL Reports FY25 with ₹667 Cr Revenue, ₹60 Cr EBITDA, and ₹8.2 Cr Profit, Demonstrating Business Resilience and Financial Consistency

22nd May 2025, Bhilwara – BSL Limited ( BSE: 514045/NSE: BSL), a pioneering company in the textile industry, operates a fully integrated unit that encompasses spinning, weaving, processing, and manufacturing capabilities using state-of-the-art technologies sourced globally has published its Audited Financial Results for the Q4 & FY25 period that ended on 31[st] March 2025.

Key Financial Highlights:

 Q4 FY25 Financial Performance:

• Revenue : The company recorded revenue of ₹155.5 Cr in Q4 FY25. While slightly lower than ₹169.8 Cr in Q3 FY25, it remained stable compared to ₹156.3 Cr in Q4 FY24, reflecting ongoing demand and steady operations.

• EBITDA & Margins: EBITDA stood at ₹12.5 Cr with a margin of 8.0%, highlighting continued focus on productivity and cost efficiency.

• PAT: PAT for the quarter was ₹0.3 Cr, mainly due to seasonal softness in furnishings and increased raw material prices.

 FY25 Financial Performance:

• Consistent Revenue: For the full year FY25, total revenue reached ₹667.1 Cr, showing a marginal yet positive growth over ₹666.5 Cr in FY24. This highlights the company’s ability to sustain performance despite market challenges.

• Steady EBITDA: EBITDA for the year was ₹60.3 Cr with a 9.0% margin, demonstrating strong cost control and operational discipline.

• Annual Profit: PAT stood at ₹8.2 Cr for FY25, showcasing the company’s consistent ability to generate profits and manage resources effectively.

FY25 Segmental Revenue Performance:

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Press Release

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Q4 & FY25 Financial Performance (₹ in Cr except EPS):

Parameters	Quarterly	Yearly
	Q4 FY25 Q3 FY25 QoQ Q4 FY24 YoY	FY25 FY24 YoY
Revenue	155.5 169.8 (8.4%) 156.3 (0.5%)	667.1 666.5 0.1%
EBITDA	12.5 16.4 (23.7%) 16.5 (24.2%)	60.3 66.0 (8.6%)
EBITDA Margins	8.0% 9.6% (161 bps) 10.5% (250 bps)	9.0% 9.9% (85 bps)
PAT	0.3 3.0 (90.7%) 2.5 (88.8%)	8.2 11.2 (27.4%)
PAT Margins	0.2% 1.8% (161 bps) 1.6% (143 bps)	1.2% 1.7% (46 bps)
EPS	0.28 2.96 (90.5%) 2.45 (88.6%)	7.93 10.91 (27.3%)

Commenting on the results, Mr. Nivedan Churiwal, Managing Director of BSL Limited said,

“In FY25, we achieved revenue of ₹667.1 crore, consistent with the previous year, despite global challenges and shifting export demand. This performance reflects the strength of our broad product range and our agility in responding to market changes. Our gross profit stood at ₹297 crore, and gross margins remained strong at 44.5%, supported by effective cost control and an increasing focus on high-value products, underscoring our commitment to innovation, efficiency, and delivering quality to our customers.

In Q4 of FY25, we reached revenue of ₹155.5 crore, a slight decline of 0.5% YoY, mainly due to seasonal softness in demand. Despite steady fixed costs, we maintained EBITDA of ₹12.5 crore, while PAT stood at ₹0.3 crore, primarily due to lower realisation in high-margin products and increased raw material prices. Also, we generated positive cash flow and maintained a healthy working capital cycle. These financial strengths reinforce our ability to enhance efficiency, improve capacity utilisation, and expand our value-added product portfolio.

Looking ahead to FY26, we remain optimistic, supported by favourable trade reforms expected to boost export momentum. With a clear strategic direction and the solid foundation laid in FY25, we are confident in our ability to deliver sustainable growth and long-term value for all stakeholders.”

About BSL Ltd. (BSE: 514045/NSE: BSL):

BSL Limited has a proud history as a leader in the textile industry. Its vertically integrated unit seamlessly integrates spinning, weaving, processing, and manufacturing capabilities with the aid of cutting-edge technologies from around the world. The company boasts a diverse range of products, including synthetic, worsted, and cotton yarns, as well as synthetic and worsted suiting and a variety of furnishings fabrics. Since its establishment in 1971, BSL Limited has continuously grown and expanded.

Today, the company is recognised for its high-quality synthetic blended fabrics under the brand name BSL Suiting and premium worsted fabrics under the brand name Geoffrey Hammonds. The company's extensive experience in textile manufacturing has earned it the ability to produce over 20 million meters of fabric annually across India and 60 countries around the world. The company is committed to providing the highest quality products, as evidenced by its IS/ISO 9001-2008 certification. For more information, please visit the company website www.bslltd.com

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Press Release

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About LNJ Bhilwara:

The esteemed journey of the LNJ Bhilwara Group started in 1960, when the Group’s founder, Mr. L. N. Jhunjhunwala, established a textile mill in Bhilwara, Rajasthan. The Group has completed more than 60+ glorious years, and today the single textile mills of 1961 have expanded into several plants; the Group’s export earnings comprise 50% of its turnover and have strategically diversified over the period. It stands proudly as a multi-product and services conglomerate in textile, graphite electrodes, power generation, IT-enabled services, power engineering consultancy services, Energy storage solutions and Skill development.

LNJ Bhilwara Group is a well-diversified conglomerate & one of India's largest setups on the corporate horizon. The $967 million LNJ Bhilwara Group (www.lnjbhilwara.com) commands 20 production units, is strategically located, markets internationally, and employs over 28,000+ employees globally. HEG Limited is the group’s flagship company and has the world’s largest single-location graphite electrode manufacturing plant. The group also owns two hydroelectric projects under Bhilwara Energy Limited.

For further details please contact:

BSL LIMITED CIN: L24302RJ1970PLC002266	BSL LIMITED CIN: L24302RJ1970PLC002266	BSL LIMITED CIN: L24302RJ1970PLC002266
Mr. Nivedan Churiwal Managing Director, BSL Limited E: n ivedan@bslltd.com W: www.bslltd.com	Mr. Praveen Jain CFO & Director (Operations), BSL Limited E:praveenjain@bslsuitings.com W: www.bslltd.com	Mr. Ritesh S Singh IR Consultant, Rik Capital M:+91 83293 85762 E: r itesh.singh@rikcapital.in W: www.rikcapital.in

Safe Harbor:

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential, and target dates for project-related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.

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