🧵 Sanathan Textiles FY25 Results: ₹2,998 Cr Revenue, IPO Glory, and a Polyester Dream — But Is This ₹445 Stock Spinning Gold?

📉 CMP: ₹445.90 | 📉 -3.28% today
📦 Sector: Textiles | 🧶 Category: Yarn Overachievers | 💰 IPO: ₹400 Cr Raised

🔍 At a Glance

Sanathan Textiles, India’s triple-threat yarn master (polyester, cotton, and industrial yarns), wrapped up FY25 with ₹2,998 Cr revenue (+1.4% YoY), ₹263 Cr EBITDA (+16% YoY), and ₹160 Cr profit (+20% YoY). Add a successful ₹400 Cr IPO, a shiny new Punjab plant going live in FY26, and an India–UK FTA windfall — and you’ve got a textile company acting like a tech stock.

But is this loom of growth enough to weave returns for investors at ₹445 per share?

🏭 About the Company

• Founded: ~30 years ago
• Product Range: Polyester Filament Yarn, Cotton Yarn, Technical/Industrial Yarn
• Capacity: 5.5 lakh MTPA by FY28 (currently 550 TPD for polyester filament)
• Plants: Silvassa + upcoming Punjab mega unit
• Customers: 7,000+ across 27 countries
• SKUs: 50,000+ (no, this isn’t Big Bazaar)

🧑💼 Key Management

• CMD: Paresh Dattani — Speaks in EBITDA and expansion
• CFO, IR: Jude D’Souza — Also answers all investor emails at lightning speed

📊 FY25 Financial Highlights (YoY)

📌 Q4FY25

• Revenue: ₹732 Cr (down 3.17% YoY)
• EBITDA: ₹67.6 Cr (down 14.5% YoY)
• PAT: ₹43.65 Cr (down 16.5% YoY)

👉 FY25 good. Q4 slightly frayed.

🧵 IPO Update: ₹400 Cr Raised

The company’s successful IPO in FY25 wasn’t just a cash grab — it funded:

• Punjab plant capex (from 550 → 1,500