- Business
- Addi Industries Limited (ADDIND.BO) manufactures and markets a diverse range of innerwear and leisurewear products for men, women, and children. The company offers an extensive portfolio including briefs, boxer briefs, trunks, vests, T-shirts, camisoles, bras, panties, Bermuda shorts, track pants, leggings, and loungewear under its flagship ADDIS brand, along with private label manufacturing services for leading international and domestic retailers. ADDIS products feature specialized technologies such as Hydrophobic Dry Tech for moisture management, Anti-Microbial protection, and Thermal Insulation fabrics; the company also provides customized solutions like elastic fabrics and performance wear through its dedicated divisions.
Founded in 1989 and headquartered in Kolkata, India, Addi Industries operates primarily in the apparel industry with a focus on inner garments and athleisure segments, serving mass-market consumers through modern retail outlets, exclusive brand stores, and e-commerce platforms across India. The company maintains manufacturing facilities in West Bengal and supplies to major retailers in the United States, United Kingdom, and domestic markets like Reliance Retail and Flipkart. It emphasizes vertically integrated production from knitting and dyeing to garment finishing, ensuring quality control and scalability for both branded and export orders.
In recent developments, Addi Industries reported robust financial growth in FY25, with consolidated net profit surging 73% year-over-year to INR 234 million on revenues of INR 3.29 billion, driven by strong domestic branded sales and export recovery. The company expanded its retail footprint by opening additional ADDIS exclusive stores and enhancing e-commerce presence amid rising demand for performance innerwear. No major acquisitions, partnerships, or strategic shifts were announced in the last 1-2 years, with operations remaining focused on organic expansion in the Indian innerwear market.