Swaraj Suiting Ltd – Company Report
1. Company Overview
Swaraj Suiting Ltd, incorporated in 2003 and headquartered in Bhilwara, Rajasthan, is a fast-growing Indian textile manufacturer engaged in the production of grey and finished fabric. The company specializes in the manufacturing of denim, synthetic, and cotton fabrics, supplying essential materials to both domestic and international apparel, home textile, and industrial markets. Swaraj Suiting has steadily evolved from a job work-centric approach—serving top-tier textile brands—to a vertically integrated manufacturer with significant forward integration in denim processing.
Swaraj operates two principal manufacturing units: one in Bhilwara (Rajasthan) focused on weaving operations, and another in Neemuch (Madhya Pradesh) for denim processing and finishing. The company utilizes advanced air jet looms and a modern processing infrastructure to support high-volume, quality-driven production.
- Incorporated: 2003
- Headquarters: Bhilwara, Rajasthan, India
- Employees: ~534
- Manufacturing Capacity:
- Bhilwara Unit: 123–125 Air Jet Looms, capacity of 22–22.5 million meters per annum
- Neemuch Unit: Denim finishing with capacity up to 21.75 million meters per annum
- Market Cap (July 2025): ~₹437 crore
- Promoters: Textile industry veterans with over 25 years of experience
2. Products and Services
Swaraj Suiting Ltd provides a diverse portfolio spanning synthetic, cotton, and denim fabrics:
Grey and Finished Fabrics:
- Cotton and synthetic blends
- Woven, non-woven, microdot fusible, and technical fabrics for wide-ranging applications
- Supplies for home textiles, bottomwear, and fashion apparel segments
Denim Manufacturing & Processing:
- Commercial production and finishing of denim fabric at Neemuch, MP
- Forward integration to higher-value supply chain stages, boosting operating margins
Yarn Trading & Fabric Trading:
- Trading of yarn, grey, and finished fabrics to meet variable customer demand
- Weaving and finishing services on a job work basis for leading brands
Sustainability & Innovation:
- Investment in solar energy with a 1 MW rooftop plant
- Continuous equipment upgrades and expansion to improve efficiency and quality
Clients:
- Major Indian textile brands including Arvind Limited, Ginni International, RSWM Limited, BSL Limited
- Domestic and export-focused apparel manufacturers
3. Recent News and Financial Performance
Business Highlights and Growth:
- Executing an expansion strategy, Swaraj Suiting is adding capacity in denim processing and pursuing further vertical integration to strengthen profit margins and its position in the textile value chain.
- The company continues to secure contracts with major market players for both job work and full-scale finished fabric supply.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹416.6 crore |
| Net Profit | ₹33.3 crore |
| Earnings per Share (EPS) | ₹15.14 |
| Net Profit Margin | 8% |
| Operating Profit Margin | 18% |