Company Overview

Eurotex Industries and Exports Limited is an India-based, vertically integrated textile company primarily engaged in the business of manufacturing cotton yarn and knitted fabric. Established in 1989, Eurotex Industries and Exports Ltd, incorporated in 1987, has its registered office in Mumbai, Maharashtra. The company, part of the Patodia group and promoted by PBM Polytex, specializes in the production of yarn and cotton fabrics adhering to international standards. It holds the distinction of being one of the few companies awarded a government-recognized Trading House status in 1995.

Business Operations

Cotton Yarn Manufacturing

In 1989, the company established its first 100% Export Oriented Spinning Unit in India's private sector. Presently, the company exports 100% cotton yarn from India, exceeding 8000 tonnes annually, to a global clientele. Eurotex manufactures a diverse range of cotton yarns, including auto coned yarns, compact yarns, gassed yarns, two-for-one (TFO) knotless knitting/weaving yarns, and soft precision wound yarns. The company produces combed cotton yarn counts from 20s to 120s, suitable for knitting, weaving, dyeing, and processing applications.

Specific yarn types produced include:

- Single and 2-ply yarns

- RKM yarns

- Double Yarns

- TFO-Knotless Yarns

- Gassed Yarns

- Compact Yarns

- Autoconed Yarns

- Soft Precision Wound Yarns

Eurotex also develops specialized yarns tailored to meet specific customer requirements.

Fabric Manufacturing

The company knits a variety of fabrics with different structures and specifications:

- Single jersey in 28 gauge (gg) and 30-inch diameters (dia)

- Single jersey in 24 gg and 30-inch dia

- Interlock in 24 gg and 30-inch dia

- Interlock in 24 gg and 34-inch dia

- Rib in 18 gg and 30-inch dia

- Single jersey pique fabric

These fabrics are produced using a range of yarns including autoconed, compact, gassed, TFO knotless knitting/weaving, and soft precision wound yarns.

Business Segments

The company operates through two primary segments:

- Cotton Yarn: Manufacturing and export of cotton yarns.

- Real Estate Development: Involvement in property development activities.

The company's production facilities and all other assets are located in India.

Financial Performance

Recent Financial Results

Eurotex Industries and Exports Ltd has demonstrated significant improvement in its latest quarterly results. Net profit jumped 275.79% year-on-year to ₹1.67 Crore in Q4 FY2024-2025. On a quarterly basis, net profits increased by 316.88% over the preceding three months.

Key Financial Metrics

- Q4 FY2024-25: Net Profit of ₹1.67 Crore

- Q1 FY2025: Revenue of ₹0.50 Crore

- Full Year FY2024: Revenue of ₹1.28 Crore _(Note: This appears to be an annual figure, possibly for the previous year or a specific period. Clarification might be needed if this is for the same year as Q4 results.)_

- Full Year FY2024: Profit of -₹4.35 Crore _(Note: This indicates a loss for the full year, contrasting with Q4 profit. This discrepancy might require further investigation or clarification on the period it represents.)_

The company has experienced a sales growth of -68.3% over the past five years. Additionally, Eurotex has a low interest coverage ratio, indicating potential challenges in servicing its debt obligations.

Market Information

Stock Performance

- Market Capitalization: ₹14.88 Crore (as of December 23, 2024)

- 52-Week High: ₹22.05

- 52-Week Low: ₹9.65

Valuation Ratios

- Current PE Ratio: -2.68

- Current PB Ratio: 0.51

Management and Leadership

- Chairperson: Krishan Kumar Patodia

- Company Secretary: Neha Garg

Quality Certifications and Recognition

Eurotex Industries has received significant recognition for its export excellence and commitment to quality:

- Awarded Trading House status by the government in 1995.

- Received trophies from the Cotton Textiles Export Promotion Council, Codex, and the Government of Maharashtra for export achievements.

- Accredited with ISO 9002 and OkoTex Standard 100 certification to ensure international quality standards.

- Secured a foreign currency loan of US$ 6.5 million under the ECB Scheme in 1995-96.

Shareholding Pattern

- Promoter Holding: 71.0%

Exchange Listing

- Listing Date: October 17, 1995

- Stock Symbol: EUROTEXIND

- Listed On: NSE / BSE

Eurotex Industries & Exports Ltd continues to operate as a specialized textile manufacturer with a focus on cotton yarn and fabric production, serving both domestic and international markets. The company has maintained its position as an export-oriented unit while diversifying into real estate development. Despite facing operational challenges in recent years, the company has shown improved profitability in its latest quarterly results.