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VARDMNPOLY

Vardhman Polytex Ltd

Industry: Textiles

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About Vardhman Polytex Ltd

Overview

Vardhman Polytex Ltd is a vertically integrated textile manufacturer based in India. The company produces a wide range of yarns, including cotton yarn, cotton polyester yarn, and value-added yarns. It also has a garment manufacturing unit. Vardhman Polytex has a market capitalization of ₹138.20 crore (as of September 2023).

History

Vardhman Polytex Ltd was incorporated in 1980 by the Mohta Group and the Punjab State Industrial Development Corporation (PSIDC). The company's first factory was located in Bathinda, Punjab. In 1987, Mahavir Spinning Mills Ltd took over the management of Vardhman Polytex. In 2003, the company was acquired by the Oswal Group.

How it operates

Vardhman Polytex has a vertically integrated production process. The company sources cotton from farmers, spins it into yarn, and then weaves it into fabric. It also has a garment manufacturing unit that produces a variety of garments, including shirts, trousers, and skirts.

The future

Vardhman Polytex is planning to expand its production capacity and enter new markets. The company is also investing in research and development to develop new yarns and fabrics.

Conclusion

Vardhman Polytex is a well-established textile manufacturer with a strong track record. The company is well-positioned to grow in the future due to its strong brand, vertically integrated production process, and focus on innovation.

Official website

The official website of Vardhman Polytex is https://www.vardhman.com/

Milestones

  • 1980: Vardhman Polytex Ltd is incorporated.
  • 1987: Mahavir Spinning Mills Ltd takes over the management of Vardhman Polytex.
  • 2003: Vardhman Polytex is acquired by the Oswal Group.
  • 2015: Vardhman Polytex launches its own brand of yarn, Vardhman Pride.
  • 2020: Vardhman Polytex opens a new garment manufacturing unit in Ludhiana, Punjab.
  • Additional information and interesting facts

  • Vardhman Polytex is one of the largest textile manufacturers in India.
  • The company has a market share of about 5% in the Indian yarn market.
  • Vardhman Polytex exports its products to over 50 countries.
  • The company has won several awards for its quality products and services.
  • Brands and companies

  • Vardhman Pride
  • Vardhman Apparel
  • Vardhman Hämmerle
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    Vardhman Polytex Ltd Fundamental Analysis

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    Vardhman Polytex Ltd Technical Analysis

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