Surat: True Colors Limited (BSE: TRUECOLORS), a fully integrated provider of digital textile printing solutions, has announced its unaudited financial results for the half-year ended September 30, 2025 (H1FY26), showcasing exceptional year-on-year growth across revenue, profitability, and operational metrics.
The company reported a 63.27% increase in total income, reaching ₹15,161.95 lakhs in H1FY26 compared to ₹9,286.71 lakhs in H1FY25. EBITDA surged 226.84% to ₹2,321.57 lakhs, with margins expanding by 766 basis points to 15.31%. Net profit rose 475.53% year-on-year to ₹1,471.63 lakhs, translating to a net profit margin of 9.71%, up from 2.75% in the previous year. Earnings per share (EPS) climbed to ₹7.76, marking a 172.28% increase.
Operational Highlights:
- Machine sales hit a record ₹38.45 crore in H1FY26, up 514% from ₹6.27 crore in H1FY25. This figure already surpasses FY25’s full-year machine sales of ₹23.83 crore.
- The surge in high-end digital printer installations significantly expanded the installed base, laying the foundation for future annuity revenues from inks, sublimation paper, spares, and service contracts.
- Recurring revenue streams from consumables and printing services continued to grow steadily across key textile clusters, reinforcing customer retention and repeat business.
Commenting on the performance, Managing Director Sanjay Desai stated, “We delivered a strong performance in H1 FY26, driven by growth across machinery & inks, sublimation paper manufacturing, and digital textile printing services. Demand remained healthy across major textile hubs, supported by our integrated operating model and expanding distribution network.”
He further emphasized that while machinery operates at standard industry margins, each installation contributes to a larger, high-margin recurring revenue base. “This is the core of our compounding strategy — machine scale today builds a larger, sticky, and high-margin consumable and printing business for tomorrow,” Desai added.
With a growing installed footprint, strong customer relationships, and momentum across all business verticals, True Colors Limited is well-positioned to drive sustainable scale and long-term margin expansion.
