Evince Textiles Ltd.
DDSE:ETL13.60
BDT
+0.40
(+3.03%)
ISIN
BD0472ETL007
Return %
Stock
S&P 500
1Y
56.32
14.20
3Y
44.68
81.12
5Y
14.29
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Abu Kawser Majumder
- Full Time Employees
- 1,230
- Sector
- Process industries
- Industry
- Textiles
- Address
- Dhaka Bangladesh
- IPO Date
- Jul 17, 2016
- Website
- evincetextiles.com
- Similar Companies
- Business
- Evince Textiles Limited is a Bangladesh-based textile manufacturing company primarily engaged in the production and export of 100% cotton yarn-dyed woven fabrics and readymade garments for the global apparel market. Founded in 1999 and headquartered in Dhaka, Bangladesh, the company operates vertically integrated manufacturing facilities situated in Gazipur, delivering end-to-end textile solutions that encompass yarn dyeing; warping; sizing; weaving; and chemical and mechanical finishing. Its core product portfolio comprises a diverse selection of yarn-dyed shirting fabrics in plain, twill, chambray, fil-a-fil, dobby, double cloth, and seersucker weaves across yarn counts from 30s to 100/2s; specialized denim fabrics; custom textile finishes including peach, soft, and brushed applications; and finished readymade garments including casual and formal woven shirts produced through its garment manufacturing operations. Operating primarily as a 100% deemed export entity, Evince Textiles Limited serves export-oriented garment manufacturers and international fashion brands across Europe, North America, and Asia. In recent operational developments, the company initiated a corporate amalgamation to merge with its subsidiary, Evitex Fashions Limited, in order to integrate fabric milling and garment production under a unified corporate structure, optimize operational synergies, and streamline administrative and tax costs. Additionally, the company has implemented capital investment programs focused on modular facility expansion and technological modernization, deploying advanced high-speed warping machinery, continuous denim dyeing systems, and sizing ranges to alleviate production bottlenecks, scale fabric output capacity, and incorporate on-site solar power generation and certified sustainable processing standards.