Sanathan Textiles Limited
500.85
INR
-21.75
(-4.16%)
ISIN
INE0JPD01013
Return %
Stock
S&P 500
1Y
1.63
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Pareshkumar Vrajlal Dattani
- Full Time Employees
- 7,896
- Sector
- Process industries
- Industry
- Textiles
- Address
- Trade World Building Mumbai MA India 400013
- IPO Date
- Dec 27, 2024
- Website
- sanathan.com
- Similar Companies
- Business
- Sanathan Textiles Ltd Sanathan Textiles Limited (SANATHAN.NS) manufactures polyester filament yarn, cotton yarn, and yarns for technical textiles and industrial applications. The company produces an expansive portfolio exceeding 3,200 yarn varieties and 45,000 stock-keeping units, including value-added products such as draw-texturised yarns, air-texturised yarns, dope-dyed coloured yarns, superfine/micro yarns, functional yarns, cationic dyeable yarns, and specialty yarns for apparel, industrial, and technical uses; polyester chips processed into specialized filament yarns contribute over 75% of revenues, followed by cotton yarns at around 19%. It operates manufacturing facilities in Silvassa, Dadra & Nagar Haveli, and maintains a total installed capacity of approximately 220,000 metric tonnes per annum across its three verticals, serving more than 1,500 customers and 925 distributors in seven countries including India and Argentina. Founded in 2005 and originally incorporated in Kolkata, West Bengal, as a private limited company, Sanathan Textiles transitioned to public status with an initial public offering in December 2024 that raised approximately Rs 400-500 crore for debt repayment, investment in subsidiary Sanathan Polycot Private Limited, and general corporate purposes. Headquartered in Mumbai, Maharashtra, with key operations in Dadra & Nagar Haveli and an upcoming facility in Punjab, the company targets diverse end-users in apparel, industrial, and technical textile sectors across domestic and export markets. Recent strategic developments include the acquisition of Universal Texturisers Private Limited in 2021 for value chain integration and a Rs 1,850-2,321 crore greenfield expansion in Wazirabad, Punjab, through subsidiary Sanathan Polycot Private Limited, set to more than double polyester filament yarn capacity from 550 tonnes per day (200,000 MTPA) to 1,500 tonnes per day (up to 547,000 MTPA) in two phases, with commercial operations commencing in Q1 FY2026 to address North India supply gaps, reduce logistics costs, and enhance margins. The company plans further capex of Rs 200 crore in FY2026 for polyester and Rs 418 crore in FY2027 for cotton yarn via term loans and internal accruals, alongside technical textiles expansion from 9,000 to 17,000 tonnes, positioning it for Rs 6,000 crore revenue by FY2027.