Paramount Textile PLC
DDSE:PTL77.20
BDT
-0.70
(-0.90%)
Paramount Textile PLC
DSE:PTL
(Dhaka Stock Exchange)
Recent
price
77.20
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div
yld
- -
ROIC.AI
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- Business
- Paramount Textile PLC is a Bangladesh-based manufacturer and exporter of woven and yarn-dyed fabrics, providing integrated textile solutions to the international readymade garment and fashion retail sectors. Founded in 2006 and headquartered in Dhaka, Bangladesh, the company operates advanced manufacturing and processing facilities in Gazipur, producing a diversified portfolio of textile products that includes 100% cotton woven fabrics; cotton-synthetic blends, polyester-cotton, and elastane-infused stretch fabrics; yarn-dyed fabrics comprising poplin, oxford, twill, canvas, chambray, fil-a-fil, herringbone, and dobby weaves; solid piece-dyed fabrics; printed fabrics; linen, modal, and viscose blends; seersucker; and specialty performance finishes including wrinkle-free, stain-resistant, water-repellent, anti-microbial, carbon-brushed, and peach-skin treatments. The company markets its products primarily to leading global apparel brands, buying houses, and garment manufacturing conglomerates across Europe, North America, Asia, and Latin America. In addition to its core textile manufacturing operations, Paramount Textile PLC has diversified its asset base into the energy and power generation industry through strategic equity investments and joint-venture consortiums, which include equity ownership in Paramount BTrac Energy Limited (operating a 200 MW HFO-based power generation facility), Dynamic Sun Energy Private Limited (operating a 100 MW utility-scale grid-tied solar power plant in Pabna), and Intraco Solar Power Limited (operating a 30 MW solar power plant in Rangpur). In recent corporate and operational developments, the company officially transitioned its registered corporate name to Paramount Textile PLC, expanded its high-density weaving, finishing, and yarn-dyeing output capacities through machinery upgrades at its Gazipur complex, commenced commercial electricity generation across its renewable power associate projects, and enhanced its sustainability profile by commissioning on-site industrial rooftop solar installations alongside achieving Global Organic Textile Standard (GOTS), OEKO-TEX Standard 100, and LEED green manufacturing certifications.