Manomay Tex India Ltd. – Company Report
1. Company Overview
Manomay Tex India Ltd. (MTIL), incorporated in 2009 and headquartered in Bhilwara, Rajasthan, is a prominent manufacturer and exporter in India’s denim textile sector. Initially established as part of the Dhanlaxmi Group, MTIL has grown into a leading name in the design, production, and distribution of denim fabrics under the “Manomay” brand. The company operates ISO 9001:2015 and ISO 14001:2015 certified facilities in Gangrar, Chittorgarh, and a modern spinning unit in Undawa. With a strong domestic presence and growing exports to Guatemala, Mexico, and other markets, MTIL is publicly listed and managed by an experienced board committed to quality, innovation, and sustainability.
- Incorporated: 2009
- Headquarters: Bhilwara, Rajasthan, India
- Manufacturing Units: Denim (Gangrar), Spinning (Undawa)
- Certifications: ISO 9001:2015, ISO 14001:2015
- Employees: Not publicly disclosed (mid-sized textile workforce)
- Listed: Indian stock exchanges
- Executive Leadership: Kailashchandra Hiralal Laddha (Chairman), Yogesh Laddha, Maheshchandra Laddha, others
2. Products and Services
Manomay Tex India Ltd. manufactures and supplies a diversified range of textile products, including:
Denim Fabrics:
- Weights: 9 to 14 Oz/Sq Yd
- Cotton, polyester blends with foam and wet finishes
- Tailored to fashion, casual, and workwear segments
Suiting Fabrics:
- Premium segment products
- A strategic expansion beyond denim
Value-Added Textiles:
- Cotton grey fabrics, colored denims, and blended textiles
Apparel Manufacturing:
- Men’s jeans and cotton garments for B2B clients
Customized & Private Label Solutions:
- Contract manufacturing and white-label services for brands
The company leverages in-house design, advanced machinery, and a flexible production setup to respond rapidly to changing market trends. Its focus on quality control and sustainability ensures competitiveness in both domestic and export markets.
3. Recent News and Strategic Highlights
- Tripura Government Contract: Awarded a ₹3,000 crore textile contract in joint venture with Vardhman Textiles (2025).
- Product Diversification: Launched new product lines in July 2025, including premium suiting fabrics.
- Export Growth: Expanded sales network into Latin America and strengthened partnerships across international B2B clients.
- Sustainability and Compliance: Continued investments in environment-friendly production technologies and process optimization.
- Manufacturing Upgrades: Ongoing expansion and capacity enhancement across core facilities.
4. Financial Performance (FY2025)
| Metric | FY2025 Value | YoY Growth |
|---|---|---|
| Total Sales Revenue | ₹696.9 crore | ↑ 19.5% (vs ₹583.1 crore) |
| Net Profit | ₹19.25 crore | ↑ 48.1% (vs ₹13 crore) |
| Operating Profit Margin | 12.3% | (vs 8.3% in FY2024) |
| Earnings Per Share (EPS) | ₹10.67 | — |
| Dividend | None declared | — |