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 is falling due to challenging conditions of the European market.
Business Divisions
TowelsProducts & Services
Luxury Bath Linen, Bath Robes, Hospital Linen, Pool Towels, Kitchen LinenProposal
Industry
Textiles & Apparels
Sub Industry
Towel Manufacturing
Sector
Manufacturing
Reason for sell-off
The promoters like to pursue other interests
Top Customer
Deal Size
INR 80 - 85 Cr
Business Operation Information
Financial Information |
2024 (in INR Cr) | 2023 (in INR Cr) | 2022 (in INR Cr) | 2021 (in INR Cr) |
---|---|---|---|---|
Sales |
58.00 | 66.00 | 78.00 | N.D |
EBITDA |
N.D | |||
PAT |
N.D | N.D | N.D | N.D |