- Business
- Gloster Limited (GLOSTERLTD.NS) manufactures and exports a diverse range of jute and jute-blended products from its facilities in Bauria, Howrah, West Bengal; core offerings include conventional jute yarn, woven and non-woven fabrics, sacks, and bags; jute geotextiles for civil engineering, soil erosion control, road construction, and agricultural applications such as soil savers, webbing, and horticultural sheets; treated fabrics featuring rot-proof, fire-retardant, water-repellent, dyed, bleached, and waxed variants; specialty products encompassing spirally sewn odourless bags, filter pads for air and water purification, thermal and acoustic insulation materials compliant with ASTM standards, fitness accessories like yoga mats, floor coverings, home furnishings, upholstery, and promotional consumer items including shopping bags, utility bags, and made-ups under the Gloster Lifestyle brand; the company also produces diversified jute allied goods for interior decoration and industrial packaging. Founded in 1872 and headquartered in Kolkata, India, Gloster Limited operates two primary manufacturing units--the main DTA unit and Ananya unit--with a global export presence across 41 countries in the Americas, Europe, Asia, Australia, Africa, and beyond, serving markets for sustainable packaging, geotextiles, and eco-friendly textiles while holding certifications including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, GOTS, Oeko-Tex, and NPOP for organic production. Recent developments encompass the commercial launch of its subsidiary Gloster Nuvo Limited's greenfield jute mill in March 2024 on the former Bauria Cotton Mills site spanning 30 acres with an initial Rs 300 crore investment and 140 MT capacity, equipped with advanced European NSC ring spinning frames, Chinese S4A looms, and solar power generating 3.0 MW; strategic Memorandums of Understanding signed with Indian Jute Industries' Research Association (IJIRA), ICAR-CRIJAF, and NIFTEM for sustainable product innovation in technical textiles and composites; a 1:1 bonus share issue in 2022; resignation of statutory auditors Price Waterhouse in August 2025 amid revenue recognition disputes; and Q1 FY26 results showing consolidated profit of Rs 300 lakh despite a BSE fine.