Sanathan Textiles Limited — Earnings Release 2025

Jan 17, 2025

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Date: January 17, 2025

To,

National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai-400051.

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001.

Scrip Code: 544314

Trading Symbol: SANATHAN

Ref. No: - 2024-2025/Sep24/007

Dear Sirs/Madam,

Sub: Press Release - Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2024.

____________________

We hereby submit, pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the copy of press release with regard to the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2024 approved by the Board of Directors in their meeting held on January 17, 2025. The Press Release is self-explanatory.

We request you to take the same on your record.

Thanking You, Yours Sincerely,

FOR SANATHAN TEXTILES LIMITED

JUDE Digitally signed by JUDE PATRICK PATRICK DSOUZA Date: 2025.01.17 DSOUZA 15:43:18 +05'30'

________ Jude Patrick Dsouza Company Secretary and Compliance Officer

Encl.: As above.

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Quarterly Financial Release

Q2 FY25 Revenue from operations stood at Rs 742.17 crore

Q2 FY25 EBITDA stood at Rs 58.22 crores, increasing by 12.31% YoY

EBIDTA margins increased to 7.84 %, improvement of 89 bps, driven by favourable & stable pricing trends & operating efficiencies

17[th] January 2025, Mumbai : Sanathan Textiles Limited (BSE:544314) , among leading yarn manufacturers in India with operations in all three yarn segments – polyester filament yarn, cotton yarn & yarn for technical textiles & industrial applications, announced its unaudited financial results for the second quarter and half year ending on September 30[th] , 2024.

Key Financial Highlights (Rs. Cr.): -

Particulars	Q2 FY25	Q2 FY24	YoY	H1 FY25	H1 FY24	YoY	FY24
Revenue from Operations	742.17	745.61	(0.46%)	1,523.30	1,420.96	7.20%	2,957.50
EBIDTA*	58.22	51.84	12.31%	136.70	84.67	61.45%	226.57
EBITDA Margins	7.84%	6.95%	89bps	8.97%	5.96%	301 bps	7.66%
PAT	32.56	30.24	7.67%	82.63	47.34	74.54%	133.85
PAT Margins	4.39%	4.06%	33 bps	5.42%	3.33%	209 bps	4.53%

*EBITDA is calculated excluding Other Income

- Financial Highlights:

For the quarter ended September 30[th] , 2024:

• Revenue from Operations stood at Rs. 742.17 crores in Q2 FY25 as against Rs. 745.61 crores in Q2 FY24 on account of marginal decline in sales volumes by 1.92%

• EBITDA for the quarter is Rs. 58.22 crore as against Rs. 51.84 crores in Q2 FY24 on account of relatively better gross margins.

• PAT stood at Rs. 32.56 crores against PAT of Rs. 30.24 crore in Q2 FY24

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For the half year ended September 30[th] , 2024:

• Revenue from Operations stood at Rs. 1,523.30 crore in H1 FY25 as against Rs. 1,420.96 in H1 FY24, led by higher sales volume (6.77%)

• EBITDA for the H1 FY25 stood at Rs. 136.70 crore as against Rs. 84.67 crores in H1 FY24, on account of higher volumes, better margins as well as lower operating expenses.

• H1 FY25 PAT stood at Rs. 82.63 crores against PAT of Rs. 47.34 crores in H1 FY24.

Management Comment:

Commenting on the result, Mr Paresh Dattani, Chairman & Managing Director, Sanathan Textiles Ltd. said,

"I am pleased to share that our Company has performed in line with our expectations. We have witnessed growth from all three yarn segments that are polyester filament yarn, cotton yarn, & yarn for technical textile and industrial application. This growth has come from both new & existing customers. Our EBITDA has also grown on account of not just stabilizing and improving pricing but also operating efficiencies setting in.

We expect this growth & demand to continue. Consumption patterns across the industry are normalizing and the demand is being driven by strong tailwinds and favourable government policies. This growth is led by various factors like increase in discretionary spend, increase in online retailing, fast fashion, shift from cotton to value added polyester filament yarn etc.

To cater to this demand, we are expanding our capacities across all three yarn segments, in strategically located plants. Our upcoming plant in Punjab is expected to be operational in Q1FY26, which is expected to increase in the manufacturing capacity from 550 tonnes per day to 1,500 tonnes per day and take the total installed capacity to 4.50 lac MTPA of polyester filament

I would like to take this opportunity to thank the entire team of Sanathan Textiles for their untiring efforts and dedication. I would also like to thank all the stakeholders, including our new shareholders, whose faith enables us to set and achieve new benchmarks."

About Sanathan Textiles Limited

With over three decades of operations, today, Sanathan Textile is among the leading yarn manufacturers in India that have a strong presence across all three yarn segments that are polyester filament, cotton yarn and yarns for technical textiles.

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The Company has its strategically located manufacturing facilities in Silvassa and Punjab. These facilities are technologically advanced with automated warehousing, transportation and package handling systems.

Sanathan has a diverse product portfolio catering across various sectors with more than 14,000 yarn products and nearly 2 lac SKUs. The Company has over 13,000 customers, 900+ distributors across India and exports to around 27 countries.

For more details, please visit: https://www.sanathan.com/

For any Investor Relations query, please contact:

	Jude D’Souza Sanathan Textiles Limited Email:jude_dsouza@sanathan.com	Savli Mangle / Bhavya Agarwal/ Chaitya Doshi Adfactors PR Pvt. Ltd Email:savli.mangle@adfactorspr.com Bhavya.agarwal@adfactorspr.com Chaitya.doshi@adfactorspr.com

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