BSL Ltd Reports FY25 Results: ₹667.1 Cr Revenue, ₹60.3 Cr EBITDA, ₹8.2 Cr Profit
By Ankur Chandra | Updated at: May 31, 2025 10:41 PM IST

Mumbai, 23 May 2025 – BSL Limited (NSE: BSL, BSE: 514045), a key player in India’s textile sector and part of the LNJ Bhilwara Group, has released its audited financial results for the fourth quarter and full year ended 31 March 2025. The company has reported stable revenue despite headwinds in the global textile trade, reflecting its operational robustness and adaptability.
Financial Overview
Quarterly Performance (Q4 FY25)
| Metric | Q4 FY25 | Q3 FY25 | QoQ Change | Q4 FY24 | YoY Change |
|---|---|---|---|---|---|
| Revenue | ₹155.5 Cr | ₹169.8 Cr | ▼ 8.4% | ₹156.3 Cr | ▼ 0.5% |
| EBITDA | ₹12.5 Cr | ₹16.4 Cr | ▼ 23.7% | ₹16.5 Cr | ▼ 24.2% |
| EBITDA Margin | 8.0% | 9.6% | ▼ 161 bps | 10.5% | ▼ 250 bps |
| PAT | ₹0.3 Cr | ₹3.0 Cr | ▼ 90.7% | ₹2.5 Cr | ▼ 88.8% |
| EPS (₹) | 0.28 | 2.96 | ▼ 90.5% | 2.45 | ▼ 88.6% |
Full-Year Performance (FY25)
| Metric | FY25 | FY24 | YoY Change |
|---|---|---|---|
| Revenue | ₹667.1 Cr | ₹666.5 Cr | ▲ 0.1% |
| EBITDA | ₹60.3 Cr | ₹66.0 Cr | ▼ 8.6% |
| EBITDA Margin | 9.0% | 9.9% | ▼ 85 bps |
| PAT | ₹8.2 Cr | ₹11.2 Cr | ▼ 27.4% |
| EPS (₹) | 7.93 | 10.91 | ▼ 27.3% |
Segmental Contribution (FY25)
BSL Ltd derived its FY25 revenue primarily from the following segments:
- Furnishing: ₹315 Cr (47%)
- Fabric: ₹244 Cr (37%)
- Yarn: ₹80 Cr (12%)
- Others: ₹28 Cr (4%)
The furnishing segment grew its share in the overall mix from 45% in FY24 to 47% in FY25, indicating a strategic pivot toward higher-margin offerings.
Leadership Commentary
Mr. Nivedan Churiwal, Managing Director of BSL Ltd, reflected on the company’s performance:
“Navigating through global economic uncertainty and subdued export demand, we maintained revenue stability at ₹667.1 crore. This is a testament to our adaptive business model and disciplined operations. With gross margins holding at 44.5% and positive cash flows, we are confident in our ability to continue delivering value.”
Looking ahead, he expressed cautious optimism for FY26, citing potential benefits from anticipated trade policy reforms that may stimulate international demand.
Strategic Direction
BSL remains committed to its long-term growth strategy, which includes:
- Increasing capacity utilisation across manufacturing units
- Accelerating expansion within the premium furnishing segment
- Deepening its reach in over 60 international markets
- Investing in product innovation and sustainability through ISO-certified processes
The company believes that easing global conditions could support a recovery in margins and profitability in the coming year.
About BSL Limited
Established in 1971, BSL Ltd is a leading manufacturer of synthetic, worsted, and cotton yarns, in addition to a wide range of premium suiting and furnishing fabrics. With an annual production capacity of over 20 million meters, BSL operates at the intersection of tradition and innovation. Its brands, including BSL Suiting and Geoffrey Hammonds, are well-recognised in both domestic and global markets.
As of now, no dividend has been declared for FY25.
This year’s performance underscores BSL Ltd’s resilience in a complex market landscape and highlights its continued focus on quality, customer reach, and long-term value creation.
Disclaimer: This content is only for informational purpose. It does not make any recommendation to act or invest. Please read the offer documents carefully before investing. Investments are subject to market risks and other risks. There is no guarantee of the actual returns that will be given.
REF: https://nsearchives.nseindia.com/corporate/BSL_22052025204056_BSLPR.pdf

