Shanti Spintex Ltd – Company Report
1. Company Overview
Shanti Spintex Ltd, headquartered in Ahmedabad, Gujarat, is a leading Indian manufacturer of denim fabrics with a strong focus on sustainability and innovation. Established in 2010 and commencing commercial production in 2016, the company has rapidly positioned itself as a large-scale producer of eco-friendly denim by leveraging advanced textile technologies and renewable energy solutions.
The company operates one of the largest installed bases of airjet looms in its segment and maintains a strategic focus on minimizing environmental impact while delivering high-performance, fashion-forward fabrics. Its operations are backed by a seasoned leadership team with deep industry expertise.
Key Highlights
- Headquarters: Ahmedabad, Gujarat, India
- Incorporated: 2010; Commercial Production Started in 2016
- Industry: Denim Textile Manufacturing
- Installed Capacity: 96 airjet looms; 19.2+ million meters annual capacity
- Certifications: Sustainability and quality standards-compliant
- Unique Strengths: Green energy integration, technical textile expertise, eco-friendly process focus
2. Products and Services
Denim Fabrics
- Power stretch spandex denim
- Knit denim
- Lightweight and rigid denim
- Coated denim
- Custom finishes and innovative washes
Technical Textile Solutions
- Advanced weaving with airjet loom technology
- Bespoke denim solutions for apparel brands and garment manufacturers
Sustainable Manufacturing
- Renewable Energy: 2 MW wind + 0.86 MW solar (to expand to 1.5 MW)
- Green Energy Usage: ~90% of total power from renewables
- Eco Initiatives: Waste management, water reuse, ethical operations
The company’s clientele spans wholesalers, fashion brands, and garment exporters with a growing reputation for eco-conscious manufacturing.
3. Recent News and Financial Performance
- Continued innovation in eco-friendly product development and new denim blends
- Strengthened renewable energy footprint and operational sustainability practices
- Focused R&D and capacity utilization to drive growth and market differentiation
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹710 crore |
| Net Profit | ₹10.2 crore |
| Operating Profit Margin | 3% |
| Net Profit Margin | 1.43% |
| Earnings Per Share (EPS) | ₹6.04 |
| Return on Equity (ROE) | 11.1% |
| Debt | Reduced |