What we do Harikanta Overseas Ltd manufactures and exports synthetic textile fabrics, including Ikat, polyester, saree, dhupion, poly linen, and natural fiber fabrics, primarily for women's and men's wear. |
Founded in 2,018 |
Market share - |
Problem solved Provides diversified, high-quality textile fabrics serving both domestic and international markets, addressing demand for versatile, fashion-relevant materials. |
Top clients or who we serve B2B customers including garment manufacturers and wholesalers in India and international markets like Bahrain, Singapore, and Thailand. |
Key management - |
Our journey and innovations Founded in 2018 as a private company, went public in 2025, expanded product lines from Ikat and Dhupion to polyester and natural fibers, and broadened international export markets. |
Where we operate Domestic markets across India plus export markets in Cambodia, Bahrain, Singapore, and Thailand. |
Top products or what we offer Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber fabrics. |
Top brands - |
Raw materials needed Synthetic fibers, natural fibers, polyester, and related textile raw materials. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is primarily cyclical, depending on fashion demand and export market cycles. |
Our industry position Emerging diversified textile manufacturer with growing domestic and international presence. |
Financial highlights FY 2022-23 revenue Rs 35.17 crores, net profit Rs 4.47 crores, showing solid growth and profitability despite industry challenges. |
Geographical revenue split Revenue from domestic Indian markets and exports to Southeast Asia and Middle East. |
Order book - |
Whats driving growth Expansion of product range, direct exports, and growing international customer base drive growth. |
Our future plans Planning IPO to raise capital for business expansion and to strengthen manufacturing capabilities. |
Our green promise Committed to energy conservation and environmental sustainability in operations. |
Our people and values Small dedicated team committed to quality and growth, with a focus on transparency and governance. |
Key challenges ahead Global economic slowdown and textile industry recession pose risks, mitigated by product innovation and market diversification. |
Interesting facts Successfully transitioned from private to public company and diversified product portfolio within a few years. |
Risks and strategy Market recession risks managed through developing new products and focused marketing strategies. |
