What we do Banswara Syntex Ltd is a vertically integrated textile company specializing in yarn, fabric, and readymade garments production, with strong export presence. |
Founded in 1,976 |
Market share One of Asia's largest fiber-dyed yarn producers; dominant player in suiting and jackets with notable market share. |
Problem solved Provides high-quality, value-added textile products addressing domestic and international demand for premium fabrics and garments. |
Top clients or who we serve Serves leading textile brands like Raymonds, Reliance, Grasim, Siyaram; operates in B2B and B2C segments globally. |
Key management Chairman: Mr. Rakesh Mehra (CA), Vice Chairman: Mr. Ravindra Kumar Toshniwal (IIT Mumbai), Managing Director: Mr. Shaleen Toshniwal (Bentley College). |
Our journey and innovations Founded in 1976; expanded capacities across yarn, fabric, garments; JV with Carreman France; focus on value-added and sustainable fabrics. |
Where we operate Manufacturing in India (Rajasthan, Surat, Daman); exports to over 65 countries including UK, USA, EU, Middle East, Asia-Pacific. |
Top products or what we offer Manufactures synthetic & cotton yarns, wool blended premium fabrics, formal and comfort garments including suits, jackets, trousers. |
Top brands SaintX (wool fabrics), One Mile (D2C casual wear), Carreman JV for woven fabrics, specialized formal garment products. |
Raw materials needed Synthetic fibers, cotton, wool, branded lycra, elastane, viscose from global suppliers. |
Raw materials supplier Global fiber brands including Green Gold, Unifi, Liva, Eco Vero, Radianza, Durashine. |
Recurring vs cyclical contribution Revenue mix is both recurring from established clients and partially cyclical due to market demand fluctuations. |
Our industry position Market leader in fiber-dyed yarn and formal suiting fabrics with strong export footprint and diversified product portfolio. |
Financial highlights FY25 revenue ₹1292.53 Cr, Net Profit ₹22.16 Cr, EBITDA margin ~9%, continuous dividend payer since 2004-05. |
Geographical revenue split Majority revenue from India, significant exports to Turkey, Hong Kong, USA, Belgium, UAE, South Africa, and others. |
Order book - |
Whats driving growth Shift to value-added yarns and premium fabrics, disciplined pricing, export market growth, and domestic demand recovery. |
Our future plans Expand fabric and garment capacities, focus on technical textiles, increase captive power generation and deepen global partnerships. |
Our green promise Focus on sustainable production with certifications like GRS and OEKO-TEX, promoting recycled materials and eco-friendly fabrics. |
Our people and values Over 12,000 employees with emphasis on skilled workforce, inclusive culture, and training linked to quality and innovation. |
Key challenges ahead Competitive global textile market, raw material volatility, margin pressures, and need for continuous technological upgrades. |
Interesting facts One of Asia’s largest single-mill fiber-dyed yarn setups; long-term partnerships with global brands and successful vertical integration. |
Risks and strategy Mitigating raw material price risks, enhancing product mix, strengthening supply chain, leveraging FTAs and expanding exports. |
