Rajapalayam Mills Limited
721.15
INR
+3.65
(+0.51%)
ISIN
INE296E01026
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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- CEO
- P. V. Nirmala Raju
- Full Time Employees
- 4,938
- Sector
- Process industries
- Industry
- Textiles
- Address
- Rajapalayam Mills Premises Rajapalayam TN India 626117
- IPO Date
- Sep 18, 2003
- Website
- rajapalayammills.co.in
- Similar Companies
- Business
- Rajapalayam Mills Limited is a textile company engaged in manufacturing a diverse range of yarns and fabric products, operating primarily in India with global customer reach. Founded in 1936 and headquartered in Rajapalayam, Tamil Nadu, the company produces high-quality yarn counts ranging from 2s to 345s, including value-added yarns such as TFO two and three-ply yarns, gassed yarn, mercerised yarn, Amsler slub yarn, core spun yarn, elitwist yarn (compact and double yarn), modal/tencel yarns, and organic cotton yarns. It sources high-quality cotton varieties including Suvin, Pima, Giza, and others, and offers certified organic and sustainable cotton products. Rajapalayam Mills also manufactures fabrics including denim, lace, satin, silk, and cotton fabric. The company operates around 137,000 spindles and 4,600 open-end rotors with advanced quality control technology to ensure contamination-free yarn production. Recent major changes include a strategic expansion of its fabric unit with an investment of approximately Rs. 374 crores completed during the fiscal year 2023-24, involving the installation of an additional 174 looms and the establishment of a fabric processing unit. The company has modernized textile machinery and infrastructure, including a 110KV sub-station and facilities for environmental sustainability such as zero-liquid-discharge systems and bio-treatment of wastewater. These moves underpin its commitment to sustainable manufacturing and expanding product offerings, supporting its export market presence with revenues of Rs. 279.74 crores in FY 2023-24 despite market challenges. Rajapalayam Mills maintains a focus on value-added product lines and customization, aiming to drive top-line growth and sustain margins amid volatility in cotton markets while holding an "A Grade" rating for social audit compliances, reinforcing its position as a prominent and responsible textile manufacturer in the global market. The company is part of the Ramco Group and caters to top-class international and domestic brands. This comprehensive product portfolio and recent strategic enhancements position Rajapalayam Mills Limited as a vertically integrated textile company focused on premium yarns and fabrics with strong emphasis on quality, innovation, and sustainability.