Shri Techtex Ltd

Shri Techtex Ltd. – Company Report


1. Company Overview


Shri Techtex Ltd., established in 2011 and based in Ahmedabad, Gujarat, is a fast-growing manufacturer and exporter of technical textiles. The company specializes in non-woven fabric materials catering to the agricultural, industrial, packaging, and healthcare sectors. Over a short span of operations, Shri Techtex has carved a niche in the technical textile space through quality-focused production, continuous process innovation, and an export-oriented strategy.

Its manufacturing facility is strategically located in Dahej, Gujarat, offering key infrastructure advantages and enabling backward integration. Under the leadership of Executive Director Mr. Hanskumar Agarwal, Shri Techtex has built a strong presence in both domestic and international markets, supported by a growing portfolio of value-added technical textile products.

  • Incorporated: 2011
  • Headquarters: Ahmedabad, Gujarat, India
  • Executive Director: Hanskumar Agarwal
  • Manufacturing Facility: Dahej, Gujarat
  • Product Focus: Non-woven technical textiles
  • Global Reach: Export-driven company with strong overseas clientele
  • Market Capitalization (July 2025): ~₹215 crore
  • Certifications: ISO 9001:2015, compliant with global export standards
  • Workforce: Over 100 employees

2. Products and Services


Shri Techtex Ltd. focuses on technical textile solutions, especially in non-woven fabric technologies tailored for performance, durability, and affordability.

  • Core Product Portfolio:

    • Spunbond non-woven fabrics (polypropylene-based)
    • UV-stabilized and anti-static non-woven rolls
    • Value-added products: perforated, laminated, and coated textiles
  • Industries Served:

    • Agriculture: Crop covers, mulch films, nursery bags
    • Healthcare: Disposable medical fabrics, hygiene products
    • Industrial Applications: Packaging, geo-textiles, dust covers
    • Automotive & Furniture: Lining and insulation fabrics
  • Capabilities and Infrastructure:

    • Modern production lines with high throughput
    • Real-time quality monitoring systems
    • Customization of fabric weight, width, and finishes
  • Export Strength:

    • Presence in 14 countries
    • Strong network across Asia, Africa, and Europe

3. Recent News and Financial Performance


Business Developments

  • Capital Raising for Expansion (2023): Shri Techtex is raising ₹45 crore for multiple strategic initiatives:

    • Factory shed construction: ₹3.71 crore
    • Commissioning of a solar power plant: ₹4.89 crore
    • Purchase of new production machinery: ₹6.31 crore
    • Working capital infusion: ₹15.31 crore
    • Public issue and general corporate expenses The incorporation of new machinery will further augment the installed capacity, allowing the manufacturing of an additional 1200 tonnes per year and an extra 24 lac sq. meters with this expansion.
  • Focus on Energy Efficiency: The solar power plant initiative highlights the company's focus on sustainability and cost-efficient production, especially important in energy-intensive manufacturing.


4. Financial Performance (FY2025)


Metric FY2025 Value
Total Revenue ₹87 crore
Net Profit ₹14.7 crore
Operating Profit Margin 25%
Net Profit Margin 16%
EPS ₹5.88
Dividend Not declared (reinvested funds)

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales2.71.65
EV / EBITDA8.8811.73
Debt / Equity0.110.5
ROE %16.0817.4
ROCE %22.220.47
P / B2.273.19
Div Yld %00.7
P/E15.2220.34
OPM %25.3313.57
Qtr Sales Growth YOY %22.9616.19
Qtr Profit Growth YOY %-0.2818.24
ROA LAST 12M %13.6311
Prom. Hold. %70.3464.58
Sales 3Yrs CAGR %17.3314.35
Sales 5Yrs CAGR %38.7418.1
Profit 3Yrs CAGR %21.142.11
Profit 5Yrs CAGR %27.0627.23

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