What we do Hindoostan Mills Limited manufactures and sells diverse fabrics and yarns and engineering products, including technical textiles and packing machinery. |
Founded in 1,873 |
Market share Established historic textile firm with a growing engineering division; textile unit closure due to losses impacts market presence. |
Problem solved Provides quality fabrics and innovative textile machinery, addressing industry demand and import substitution for technical textiles. |
Top clients or who we serve Serves textile, technical textile, industrial sectors (B2B), including exports to Bangladesh and Turkey. |
Key management - |
Our journey and innovations Founded as Sirdar Carbonic Gas Company; renamed Hindoostan Mills in 2011; diversified into technical textile machinery in 2021-22. |
Where we operate Mainly India, with export markets including Bangladesh and Turkey. |
Top products or what we offer Wide range of fabrics (cotton, blends, linen, technical textiles), yarns, and engineering products like crush calendar machines. |
Top brands - |
Raw materials needed Cotton, polyester, viscose, modal, linen, aramid, carbon fibers for technical textiles. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is cyclical, with textile segment impacted by market demand; engineering segment showing potential growth. |
Our industry position Legacy player in textiles with challenges; engineering division emerging in technical textiles machinery market. |
Financial highlights FY 2024-25 revenue Rs 33.15 crore; net loss Rs 10.77 crore; engineering shows profit, textile segment loss. |
Geographical revenue split India contributes ~92%, rest of world ~8% revenue. |
Order book - |
Whats driving growth Engineering division growth through technical textile machinery; exports beginning; textile segment facing decline. |
Our future plans Closure of textile unit underway; focus shifting to engineering and technical textile machinery expansion. |
Our green promise - |
Our people and values About 150 employees; industrial relations mixed due to textile closure; corporate governance maintained. |
Key challenges ahead Closure challenges in textile, market volatility, sustaining engineering growth in competitive environments. |
Interesting facts Company over 150 years old; innovated crush calendar machine as import substitute for technical textiles. |
Risks and strategy Risks from declining textile demand; strategy to focus on engineering and technical textile machinery markets. |
