Aastha Spintex Secures ₹51.46 Crore Orders, Approves 1:1 Bonus

Aastha Spintex Limited has announced that its recently acquired company, Falcon Yarns Private Limited, has secured a cumulative order book of approximately ₹51.46 crore.

The orders, which are scheduled for execution between August and October 2026, include 38 orders for 17.35 lakh kg of cotton yarn from more than 10 domestic clients.

According to the company, these orders represent around 20.62% of its FY25 revenue and provide strong revenue visibility for the coming quarters. The monthly orders are worth ₹25.72 crore for August and ₹24.42 crore for September, with the remaining orders to be executed during October.

The customers include Fair Deal, Elkins Tradelinks, ACME Textile, Alexa Knitfab, Amit Export, Amita Yarn Fab, Ankita Export, Niya Textile, Sharvay Agronics, and Ventex Textile. A M Trading was added as a new customer during the period.

Several existing clients also placed repeat orders, indicating continued demand for the company’s cotton yarn products.

The board of Aastha Spintex has approved a 1:1 bonus share issue, under which eligible shareholders will receive one bonus equity share for every share held.

The board has also approved an increase in authorised share capital from ₹45 crore to ₹100 crore to facilitate the bonus issue and support future capital requirements.

Additionally, the board recommended a final dividend of ₹0.10 per equity share with a face value of ₹10 for FY26. The dividend remains subject to shareholders’ approval at the forthcoming Annual General Meeting.

Aastha Spintex has also approved its forward integration into grey fabric and other value-added fabric products under its proprietary brand.

The move follows the acquisition of Falcon Yarns, which increased annual spinning capacity from 7,700 MT to 17,457 MT. Spindle capacity also rose from 25,920 to 61,824.

The company reported revenue from operations of ₹352 crore and net profit of ₹23.8 crore for FY26. Management said its three-pillar strategy focuses on financial performance, shareholder rewards, and integration from yarn manufacturing into fabrics.

Aastha Spintex said its expanded capacity, order visibility, and entry into value-added products would support its long-term growth across the textile value chain.

The company's decision to expand into fabric products is expected to have a positive impact on its growth and profitability in the coming years.

With its strong order book and increased capacity, Aastha Spintex is well-positioned to take advantage of the growing demand for textile products in the domestic market.

The company's focus on financial performance, shareholder rewards, and integration from yarn manufacturing into fabrics is expected to drive its growth and expansion in the textile industry.

In conclusion, Aastha Spintex's recent developments, including the securing of big orders, approval of bonus and expansion, are expected to have a positive impact on the company's growth and profitability in the coming years.