1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Manufacturers
RSWM Limited

RSWM Limited

RSWM.BO
RSWM LimitedIN flagBombay Stock Exchange
202.00
INR
+7.45
- -
9.28BMarket Cap
RSWM Limited
RSWM.BO
(Bombay Stock Exchange)

Recent

price

202.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
591.25
592.15
735.36
794.62
831.47
800.7
812.72
787.84
797.04
744.91
625.01
1,021.69
957.81
841.94
1,024.98
966.69
964.97
Revenue per Share
37
-11.83
19.85
27.35
23.9
31.06
28.33
5.71
-10.42
-3.65
5.67
66.98
31.52
-4.47
-8.5
11.04
11.02
Basic EPS, GAAP
9.78
-2.48
37.51
70.97
48.1
56.73
13.45
19.27
30.66
53.82
78.39
-39.75
-62.82
-65.07
63.38
53.3
- -
Free Cash Flow per Basic Share
9.93
3.72
- -
7.5
9.37
6.41
7.87
8.01
1.28
- -
- -
- -
15.11
5
- -
- -
- -
Dividend per Share
28.82
17
27.47
64.26
71.07
92.58
107.62
102.8
102.76
130.34
136.54
201.61
221.75
173.22
165.19
10
9.98
Book Value per Share
81.33
66.01
80.58
107.81
151.56
171.12
189.35
263.3
227.49
196.41
212.36
279.61
336.99
269.93
270.03
283.38
282.88
Tangible Book Value per Share
36
36
36
36
36
36
37
37
37
37
37
37
39
47
47
47
47
Basic Weighted Avg Shares
21,356
21,389
26,562
28,703
30,034
28,922
29,866
28,952
29,290
27,374
22,968
37,558
37,327
39,657
48,258
45,541
45,541
Sales/Revenue/Turnover
11.98
1.53
8.18
8.8
7.03
8.82
6.65
3.6
2.06
2.01
2.13
8.58
3.49
-0.82
1
2.85
2.85
Operating Margin (%)
895
979
1,154
1,107
1,353
1,374
1,322
1,245
1,236
1,317
1,283
1,137
1,287
1,554
1,606
1,535
1,535
Depreciation Expense
1,338
-427
717
988
863
1,122
1,041
210
-383
-134
208
2,462
1,229
-211
-400
520
520
Net Income, GAAP
29.72
- -
31.19
36.8
27.4
26.56
12.13
24.54
- -
- -
- -
15.02
18.92
- -
- -
- -
103.5
Effective Tax Rate (%)
6.26
-2
2.7
3.44
2.88
3.88
3.49
0.72
-1.31
-0.49
0.91
6.56
3.29
-0.53
-0.83
1.14
1.14
Profit Margin (%)
721
164
42
-153
-501
-468
-859
60
201
1,342
1,103
2,916
4,243
2,595
880
990
990
Working Capital
6,493
8,749
7,720
6,063
6,794
5,639
4,969
5,709
5,726
4,847
3,372
4,618
5,045
7,582
6,214
6,672
6,672
LT Debt
3,045
2,489
3,027
3,954
5,486
6,241
7,083
9,824
8,587
7,373
7,918
10,354
13,170
12,974
12,972
13,610
13,610
Total Equity
12.98
- -
9.76
10.59
9.31
10.27
8.76
3.37
- -
- -
- -
14.19
4.58
- -
- -
- -
- -
Return on Invested Capital (%)
15.66
- -
5.23
12.87
12.12
12.97
11.52
5.6
- -
- -
- -
18.27
9.24
- -
- -
- -
7.36
Return on Capital (%)
195.34
-51.62
89.27
59.64
35.33
37.96
28.52
5.43
-10.14
-3.13
4.25
39.62
15.31
-2.51
-5.02
12.61
12.61
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
9,544
- -
10,204
LT Borrowings
5,593
- -
6,490
LT Finance Leases
64
- -
183
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
- -
47
Market Capitalization
6,949
7,057
5,711

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
15,506
- -
16,185
Cash, Cash Equivalents & STI
638
- -
780
Accounts Receivable, Net
6,454
- -
6,305
Inventories
6,087
- -
6,196
Total Current Liabilities
14,637
- -
15,195
Payables & Accruals
- -
- -
- -
ST Debt
9,544
- -
10,204
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.42%
12.27%
4.92%
Free Cash Flow
-12.35%
-54.24%
-15.87%
Net Income, GAAP
8.52%
154.99%
-229.96%
Sales/Revenue/Turnover
6.39%
17.04%
-5.63%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,017
10,074
9,773
10,792
39,657
2025
12,079
11,661
11,956
12,562
48,258
2026
11,703
11,510
10,908
11,420
45,541

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.85
-1.95
-7.23
- -
-4.47
2025
-3.13
-3.72
-1.96
0.31
-8.5
2026
1.78
1.58
0.5
7.18
11.04

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
RSWM Limited, the flagship company of LNJ Bhilwara Group founded in 1960 and headquartered in Noida, Uttar Pradesh with registered offices in Bhilwara, Rajasthan, manufactures and exports synthetic, cotton, blended spun yarns, denim fabrics, and knitted fabrics from 12 plants across India equipped with 625,000 spindles, 172 looms, and 95 knitting machines. The company produces greige yarn, melange yarn, dyed yarn, synthetic novelty yarns, core-spun yarns, hollow-core yarns, zero-twist yarns, eco-friendly specialty yarns, recycled yarns, denim fabric, and knitted fabrics with annual capacities of 121,000 MT greige yarn, 24,000 MT melange yarn, 32,000 MT dyed yarn, 32 million meters denim fabric, over 9,000 MT knits fabric, and 43,000 MT green fibre; it serves markets in over 70 countries including apparel and garment manufacturers focused on kidswear, womenswear, loungewear, and fashion segments. Recent developments include a Rs 54.11 crore agreement in October 2025 with Birla Advanced Knits Private Limited to acquire dyeing, processing, and knitting machinery for installation at Mordi and Chhata units, boosting knitting capacity by 20% from 750 MT to 900 MT per month within six months and adding a new printing facility; a strategic joint development agreement with Birla Cellulose and TACC Ltd for advanced textile initiatives; Rs 1,200 crore investments from FY21 to FY25 in modernization, capacity expansion, a greenfield PET bottle recycling facility, and acquisition of Ginni Filaments facilities at Chhata, Mathura; and a November 2025 agreement with Adani Energy Solutions for 60 MW renewable energy supply, including Rs 60 crore investment under the Group Captive Scheme to raise renewable energy share from 33% to 70% with 31.53 crore units of green power annually for Rajasthan facilities.