BUSINESS BRIEF
The company is an established manufacturer and exporter of cotton terry towels, serving domestic and international markets. It has a strong track record of serving customers across diverse markets.
The company operates an integrated manufacturing facility and offers a wide range of products to institutional customers across industries, including hospitality and healthcare. Its primary raw material, quality yarn, is sourced from mills across India.
Products:
- Luxury Bath Linen
- Bath Robes
- Hospital Linen
- Pool Towels
- Kitchen Linen
- Other Wipes
Note: The unit has solar as well as windmills for captive power requirements, and derives additional income from the surplus power generated. It also has a large zero-discharge effluent plant which is under utilised.
Revenue in FY 24 declined due to challenging conditions of the European market.
Business Divisions
Towels
Products & Services
- Luxury Bath Linen
- Bath Robes
- Hospital Linen
- Pool Towels
- Kitchen Linen
Proposal
Industry
Consumer Product-manufacturing
Sub Industry
Clothing, Apparel & Allied Manufacturing (Textiles - Yarn, Fibre,Fabrics)
Nature of Business
B2B
Sector
Manufacturing (Contract Manufacturing)
Reason for sell-off
Strategic Realignment or Pursuing New Opportunities
Location
India
Region
Southern
Open For Dilution
100 % (Complete Buyout)
Top Customer
Deal Size
INR 80 - 85 Cr
Justification
Based on market multiples
Business Operation Information
Financial Information |
2026 (in INR Cr) | 2025 (in INR Cr) | 2024 (in INR Cr) |
|---|---|---|---|
Sales |
N.D | 63.6 | 58.3 |
EBITDA |
N.D | ||
PAT |
N.D |
