Textiles / Integrated Manufacturing

Suryalakshmi Cotton Mills Ltd

₹00.2094

SURYALAXMI

Company Overview

Suryalakshmi Cotton Mills Ltd, incorporated in 1962 by Mr. L.N. Agarwal, is an integrated denim and yarn manufacturing textile company based in Secunderabad, Telangana. The company was founded by Sri L N Agarwal, who has led the group for over five decades with integrity and vision. Starting with just 6,000 spindles to manufacture cotton and blended yarns, the company was established with a vision to become a leading enterprise in the textile industry.

Over the past two decades, Suryalakshmi has evolved into an Original Denim Manufacturer (ODM) serving leading global and domestic brands with a dominant market share in the premium denim sector. The company creates yarn and premium denim for private labels, fashion brands, and retail chains across 29 countries, establishing itself as a significant player in the international textile market.

Manufacturing Capabilities and Operations

The company has grown multifold over four decades, establishing a state-of-the-art denim manufacturing plant with a capacity of 40 million meters per annum, expanding from an initial 10 million meters capacity. The denim plant at Ramtek near Nagpur, Maharashtra is equipped with cutting-edge machinery to produce world-class denim with a capacity of 40 million meters per annum.

The company has capabilities to manufacture both Rope Dyed and Sheet Dyed Denims, utilizing both Open End spinning and Ring spinning systems in-house to produce 100% Ring, Ring X OE, and 100% OE Denim variants. The facility has created over 3,000 high-quality specialized denim variants with quick production turnarounds.

A captive 25 MW Thermal Power Plant was established at Ramtek, Maharashtra, equipped with best-in-class technology and infrastructure. The company established a garment unit in 2007, completing the value chain and emerging as a leading textile-integrated player.

Business Segments and Products

Suryalakshmi operates through two main segments: Spinning and Denim (Fabrics). The Spinning segment offers yarns including cotton, polyester, viscose, modal, and blends of various fibers. The Denim segment provides a range of denim fabrics, including regular, stretch, and bi-stretch denim with different weights, colors, and textures.

The company's integrated approach spans the entire spectrum of the value chain, from yarn manufacturing to denim cloth to garment production, providing a crucial competitive advantage. Their 'integrated garment engineering' approach has enabled partnerships with the Top 20 global fashion and retail brands as a preferred outsourced manufacturing partner.

Financial Performance

As of the latest available data, Suryalakshmi Cotton Mills has a market capitalization of ₹147 crores. The company reported revenue of ₹246.37 crores and net profit of ₹2.82 crores for Q4 FY25 (March 2025). For the full year FY25, sales were ₹791.76 crores compared to ₹782.41 crores in FY24, representing a growth of 1.20%.

The company's net profit jumped 209.89% year-on-year to ₹2.82 crores in Q4 FY25 compared to ₹0.91 crores in Q4 FY24. Annual net profit rose marginally by 0.55% to ₹3.63 crores in FY25 from ₹3.61 crores in FY24.

Key Financial Metrics

- Q4 FY25 Performance: Revenue of ₹246.37 Cr, Net Profit of ₹2.82 Cr

- Full Year FY25 Performance: Revenue of ₹791.76 Cr, Net Profit of ₹3.63 Cr

- Market Capitalization: ₹147 Cr

- Promoter Holding: 58.27% (as of Sep 2024)

Leadership and Management

The company is chaired by L N Agarwal, with Paritosh K Agarwal serving as Managing Director. Under Paritosh Agarwal's leadership, the company operates three state-of-the-art manufacturing plants with a robust global and domestic sales and marketing setup, leading a workforce of over 5,000 people.

Market Position and Future Outlook

The company is committed to the Government of India's "Make in India" initiative and aims to become the global center of excellence in denim manufacturing. Suryalakshmi's yarn and rope dyed denim are acknowledged as high-quality products across international markets, positioning the company well for continued growth in the global textile industry.

The promoters have pledged 58.27% of the total equity as of September 2024, indicating strong promoter commitment to the business. Recent market data shows search interest for the company's stock has increased by 238% in the last 30 days, reflecting growing investor attention.