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Corporate Update

India Ratings Revises RSWM Outlook To Stable, Reinforcing Confidence In Textile Major’s Growth Strategy

• By  Textile Excellence
• June 08, 2026

India Ratings & Research has revised the outlook on RSWM Limited from Negative to Stable while affirming its long-term issuer rating at IND A on credit facilities totalling ₹2,156 crore, signalling renewed confidence in the textile major’s financial resilience and operational performance. The rating agency cited strong business fundamentals, disciplined capital management, and consistent execution as key drivers behind the outlook revision.

RSWM, the flagship textile company of the LNJ Bhilwara Group, operates 11 manufacturing plants and exports yarns and fabrics to more than 70 countries. The company produces over 1.11 lakh tonnes of synthetic yarn, 27,429 tonnes of cotton yarn, 21,501 tonnes of mélange yarn, and 32.4 million metres of denim fabric annually. Sustainability remains a core focus, supported by savings of 78,653 KL of water annually, reduction of nearly 8 lakh tonnes of CO₂ emissions, and recycling of approximately 6.5 million PET bottles every day.

Commenting on the development, Chairman, Managing Director and CEO Riju Jhunjhunwala said the revised outlook reflects the company’s financial discipline, resilience, and commitment to sustainable growth. Joint Managing Director Rajeev Gupta noted that the rating action validates RSWM 2.0 initiatives focused on operational excellence, innovation, efficiency, and stakeholder value creation.

Commenting on the development, Chairman, Managing Director and CEO Riju Jhunjhunwala said the revised outlook reflects the company’s financial discipline, resilience, and commitment to sustainable growth. Joint Managing Director Rajeev Gupta noted that the rating action validates RSWM 2.0 initiatives focused on operational excellence, innovation, efficiency, and stakeholder value creation.