Tosrifa Industries PLC

Tosrifa Industries PLC

DDSE:TOSRIFA
17.50
BDT
-0.10
(-0.57%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Mohim Hassan
Full Time Employees
3,671
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
Gazipur Bangladesh
IPO Date
Feb 26, 2015
Website
til.com.bd
Business
Tosrifa Industries PLC is a Bangladesh-based export-oriented textile and ready-made garment manufacturer engaged in circular knitting, fabric dyeing, finishing, and garment manufacturing. Founded in 2002 and headquartered in Dhaka, Bangladesh, the company operates as a key manufacturing entity within the Northern Tosrifa Group. Tosrifa Industries PLC manufactures and exports an extensive portfolio of knit fabrics and finished apparel to international fashion brands, retailers, and buying houses across Europe, North America, and Asia. The company operates integrated fabric and garment production divisions, offering a comprehensive range of products and industrial services that includes circular knit fabrics such as single jersey, rib, interlock, pique, fleece, French terry, and elastane-blended textiles; fabric dyeing and chemical processing services utilizing automated dispensing and eco-friendly reactive dyeing systems; fabric finishing and surface treatments comprising brushing, sueding, heat-setting, compacting, and enzyme washing; ready-made garment manufacturing for men, women, and children, spanning basic t-shirts, polo shirts, tank tops, henleys, sweatshirts, hoodies, loungewear, and athletic wear; and specialized value-added garment embellishment services, including screen printing, digital printing, multi-head embroidery, and specialized wash treatments. The company maintains industrial production facilities situated in Gazipur, Bangladesh, equipped with European and Asian knitting, dyeing, and sewing technology, supported by in-house quality control and textile testing laboratories. Tosrifa Industries PLC targets mass-market and mid-tier retail apparel sectors in major consumer markets, including Germany, the United Kingdom, Spain, France, the United States, and Canada, while coordinating supply chain and production synergies with affiliated group entities, including Northern Corporation Limited and Fashion Wise Limited. In recent developments, the company updated its corporate nomenclature to Tosrifa Industries PLC in alignment with statutory corporate governance requirements under the Companies Act of Bangladesh. The company has undertaken balancing, modernization, rehabilitation, and expansion (BMRE) initiatives across its dyeing and finishing units, implementing advanced low-liquor-ratio processing machinery, expanded effluent treatment plant (ETP) capacity, and rooftop solar photovoltaic systems to enhance energy efficiency and meet global ESG compliance standards. Additionally, Tosrifa Industries PLC has shifted its product development focus toward value-added activewear, recycled fiber blends, and certified organic cotton apparel, alongside strategic initiatives to broaden its export footprint into non-traditional markets across East Asia and Latin America.