BUSINESS BRIEF
The Company is a Leading Manufacturer & Exporter of Cotton Terry Towels, and has well established business credentials in International and domestic markets. It is engaged in the business since 1990s, and has established its credentials with the clients across the markets.
It has a fully integrated manufacturing facility under one-roof, and supplies a wide range of products to varied institutions across industries from hospitality to hospitals. The main raw material, high quality yarn is sourced from mills across India.
Products:
- Luxury Bath Linen
- Bath Robes
- Hospital Linen
- Pool Towels
- Kitchen Linen
- Other Wipes
Note: The unit has solar as well as windmills for captive power requirements, and derives additional income from the surplus power generated. It also has a large zero-discharge effluent plant which is under utilised.
Revenue in FY 24 declined due to challenging conditions of the European market.
Business Divisions
Towels
Products & Services
- Luxury Bath Linen
- Bath Robes
- Hospital Linen
- Pool Towels
- Kitchen Linen
Additional Information
FY 25 Financials (In INR Crores)
- Revenue: 63.6
- EBITDA: 7.83
Proposal
Industry
Consumer Product-manufacturing
Sub Industry
Clothing, Apparel & Allied Manufacturing (Textiles - Yarn, Fibre,Fabrics)
Nature of Business
B2B
Sector
Manufacturing (Contract Manufacturing)
Reason for sell-off
Strategic Realignment or Pursuing New Opportunities
Location
India
Region
Southern
Open For Dilution
100 % (Complete Buyout)
Top Customer
Deal Size
INR 80 - 85 Cr
Justification
Based on market multiples
Business Operation Information
Financial Information |
2024 (in INR Cr) | 2023 (in INR Cr) | 2022 (in INR Cr) |
|---|---|---|---|
Sales |
58.3 | 66.00 | 78.00 |
EBITDA |
|||
PAT |