What we do Ginni Filaments Ltd is a leading integrated manufacturer of cotton yarn, processed knit fabrics, knit garments, and nonwoven consumer hygiene products in India. |
Founded in 1,982 |
Market share Among top manufacturers in Indian cotton yarn and nonwoven fabric segments with significant presence domestically and internationally. |
Problem solved Provides high-quality textiles and hygiene products addressing consumer needs in apparel and personal healthcare sectors. |
Top clients or who we serve B2B and B2C markets including garment manufacturers, healthcare industries, and global brand consumers. |
Key management - |
Our journey and innovations Expanded from yarn manufacturing in 1982 to knit fabrics, garments, and nonwoven facilities; strategic divestment of spinning & knitting units in 2023. |
Where we operate Manufacturing units in Uttar Pradesh, Uttarakhand and Gujarat; revenues from India and international markets. |
Top products or what we offer Cotton yarn, knitted fabrics and garments, spunlace nonwoven fabrics, wet wipes, medical disposables, and private labeling services. |
Top brands - |
Raw materials needed Raw cotton, synthetic fibers, chemicals for fabric processing and hygiene product manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Mix of recurring consumer product sales and cyclical textile manufacturing revenues. |
Our industry position Strong player in Indian textile manufacturing with growing footprint in nonwoven consumer hygiene segment. |
Financial highlights FY2023-24 revenue Rs. 873 crore approx; net loss impacted by divestment; continuing operations net loss Rs. 26 crore, revenue Rs. 352 crore approx. |
Geographical revenue split India contributes about 115 crores; international markets about 236 crores in FY 2023-24. |
Order book - |
Whats driving growth Focus on high-margin nonwoven hygiene products, global brand partnerships, and divestment from less profitable spinning units. |
Our future plans Consolidate consumer hygiene product offerings and expand international market reach post spinning unit sale. |
Our green promise - |
Our people and values - |
Key challenges ahead Managing transition after divestment, improving profitability, and navigating global textile market dynamics. |
Interesting facts Operates one of the most advanced spunlace nonwoven fabric plants in Gujarat, a key facility in its portfolio. |
Risks and strategy Mitigates market cyclical risks by diversifying into consumer hygiene and focusing on value-added products. |
