Ginni Filaments Ltd was incorporated on July 28, 1982, with the initial objective of manufacturing cotton yarns. Over the past four decades, the company has evolved into one of the leading integrated manufacturers of cotton yarn, processed knit fabrics, and knit garments in India. GFL positions itself as a significant player in India's textile industry, offering a comprehensive range of Yarns, Fabrics, Garments, and Non-woven fabrics through its vertically integrated manufacturing model. The company's integrated manufacturing units are strategically located in Chhata (Noida), Panoli (Gujarat), and Haridwar (Uttarakhand). Ginni Filaments is engaged primarily in the manufacturing of non-woven fabric, garments, wipes, and cosmetics.
Ginni Filaments Ltd (GINNIFILA) has demonstrated significant improvement in its financial performance, particularly in recent quarters, marking a notable turnaround. As of recent market data, the market capitalization stands at ₹317.16 Cr as of May 26, 2025. For the quarter ended March 2025, the company reported a net profit of ₹4.79 crore, a substantial improvement from a net loss of ₹50.82 crore during the corresponding quarter in the previous year. Sales for the quarter ended March 2025 rose by 5.81% to ₹103.50 crore, compared to ₹97.82 crore in the prior year's quarter. The annual performance for FY2025 shows a remarkable turnaround from previous year's losses, with net profit reporting ₹4.20 crore for the year ended March 2025, compared to a net loss of ₹84.49 crore for the year ended March 2024. Annual net sales also saw a year-on-year increase of 6.53% to ₹373.78 crore in FY2025.
- Q4 FY2025 Performance: Revenue of ₹105.11 Cr (vs ₹97.91 Cr in Q4 FY2024), Net Profit of ₹4.79 Cr (vs Loss of ₹50.82 Cr in Q4 FY2024)
- Annual Performance FY2025: Revenue of ₹373.78 Cr (vs ₹350.87 Cr in FY2024), Net Profit of ₹4.20 Cr (vs Loss of ₹84.49 Cr in FY2024)
- EBITDA Growth Q4 FY2025: 171.48% to ₹14.85 Cr
- Net Profit Margin Q4 FY2025: 4.56%
- Market Capitalization: ₹317.16 Cr (as of May 26, 2025)
- Promoter Holding: 69.72% (as of Mar 2025)
Ginni Filaments operates through two primary business segments: Textiles and Consumption Products. The textile segment encompasses spinning, knitting, fabric processing, garment manufacturing, and spun lace non-woven fabric production, classifying it as a technical textile product. The "Others" segment includes consumer products such as wipes. The company's extensive product portfolio spans multiple categories within the textile ecosystem, including cotton yarn, non-woven fabrics, knitted fabrics, and knitted garments. In the consumer products domain, it offers anti-bacterial wipes, medical disposables, wound care items, home-care/industrial wipers, and private-label items. This diversification allows the company to cater effectively to both industrial and consumer markets.
Ginni Filaments has significantly expanded its manufacturing capabilities since its establishment in 1982 with 26,208 spindles. The company has since increased its capacity to 54,432 spindles, established dyeing and processing plants in Chhata and Panoli, and added capabilities in non-woven fabric manufacturing and garment units. Recent improvements include debottlenecking modernizations in spinning units and grid connection installations at its Export Oriented Unit. The geographic distribution of its manufacturing facilities in India (Chhata, Noida; Panoli, Gujarat; Haridwar, Uttarakhand) and potentially abroad provides operational flexibility and access to different regional markets, enabling effective service to both domestic demand and international export requirements.
Ginni Filaments Ltd (GINNIFILA) is traded on both the NSE and BSE exchanges. The 52-week high for the stock is ₹40.24, and the 52-week low is ₹19.01. Key valuation metrics include a P/E ratio of 75.51 and a P/B ratio of 1.63. The stock has experienced volatility, with a recent week-on-week decline of -6.67%, a monthly rise of 2.65%, and a substantial 38.54% increase over the last year. The stock demonstrated significant momentum following the announcement of strong Q4 FY2025 results, reflecting increased investor confidence in the company's recovery and growth trajectory.
The company benefits from a stable promoter holding structure, which is crucial for management stability and long-term strategic alignment. Promoter holding in Ginni Filaments Ltd has remained consistent at 69.72% as of March 2025, indicating strong management commitment. The leadership team is guided by Chairperson Shishir Jaipuria. The company adheres to appropriate corporate governance practices, including the presence of independent directors on its board to ensure proper oversight and compliance with regulatory requirements.
Ginni Filaments Ltd (GINNIFILA) operates within the Consumer Discretionary sector, specifically the Textiles sub-sector. The company leverages India's large textile industry, benefiting from robust domestic demand and export opportunities. Its vertically integrated business model, from yarn manufacturing to finished garments, provides better margins and control over the entire value chain. The recent financial turnaround highlights the management's capability to navigate challenging market conditions and implement effective operational improvements. The company's focus on modernizing manufacturing facilities and expanding into higher-value products like technical textiles positions it well for future growth in the evolving textile industry landscape.
Ginni Filaments' stock represents an investment opportunity in India's textile sector, supported by its integrated business model, recent financial turnaround, and strategic focus on modernization and product diversification.
