- Business
- GHCL Textiles Limited manufactures and sells a diverse range of yarns for apparel, home textiles, and industrial applications in India and international markets. The company produces open-end yarns including 100% cotton Ne 16s to 32s in Indian, contamination-free, and CMIA cottons; ring-spun cotton yarns such as 100% Indian combed compact Ne 30s to 60s, Giza and Giza blend combed compact Ne 40s to 100s, and contamination-free Australian combed compact Ne 30s to 60s; TFO double yarns from Indian, Giza, Australian, and Supima cottons Ne 2/30s to 2/160s including gassed variants; vortex yarns comprising 100% viscose, cotton/modal, and poly/cotton counts 21s to 40s; and synthetic blended ring-spun yarns like polyester cotton Ne 30s to 62s in 52/48, 65/35, and 75/25 blends (including sustainable RPET), polyester viscose Ne 30s to 60s, cotton poly Ne 30s to 50s in CVC blends, 100% viscose Ne 30s to 60s, micro modal and Tencel Ne 30s to 80s, cotton modal 60/40 Ne 30s to 80s, Supima Tencel and Supima modal Ne 24s to 100s, polyester modal 52/48 Ne 30s to 80s, and polyester cotton slub Ne 30s to 60s (brands: Fanta and Nokia). It operates manufacturing facilities in Paravai, Manaparai, and Samayanallur in Tamil Nadu with capacities of approximately 225,000 ring spindles, 3,320 rotors, 480 vortex positions, and 5,760 TFO spindles, equipped with machinery from Rieter, Schlafhorst, Savio, Murata, Trutzschler, Uster, SSM, KTTM, and LMW; founded in 1927 as Sri Meenakshi Mills and demerged from GHCL Limited effective April 1, 2023, it maintains registered offices in Ahmedabad, Gujarat, and corporate offices in Noida, Uttar Pradesh.
The company pursues aggressive expansion with a Rs 1,000 crore capital expenditure program, including Rs 500 crore already deployed for 25,000 additional spindles and 40 circular knitting machines to transition from yarn-centric operations toward integrated fabric and garment-ready production; it commenced commercial production at a new fully automated 25,536-ring-spindle section named Meenakshi at its Paravai unit in July 2025, elevating total ring spindle capacity to 224,976. GHCL Textiles signed an MoU with the Tamil Nadu government in 2024 for Rs 535 crore investments over four years to expand capacity, product basket, knitted and woven fabrics, and green energy to 75 MW, bringing total state investments above Rs 1,035 crore. These initiatives support FY25 revenue of Rs 1,168 crore (up 10% year-over-year), EBITDA of Rs 117 crore at 11% margins, and profit after tax up 123% to Rs 56 crore, alongside strategic priorities for backward/forward integration, cost efficiencies, value-added products, and sustainability.