What we do K G Denim Ltd manufactures denim and apparel fabrics, home textiles, and garments, serving major brands and expanding into performance fabrics. |
Founded in 1,992 |
Market share Leading supplier of denim fabrics in India with notable clients like Levi's and Lee; expanding product range and brand presence. |
Problem solved Addresses quality fabric needs for apparel industry, offering performance textiles for specialized requirements like moisture-wicking and antibacterial garments. |
Top clients or who we serve B2B to major denim manufacturers including Levi's, Lee, Proline, Park Avenue; also B2C under its own 'Trigger' jeans brand. |
Key management Executive Chairman KG Baalakrishnan, Managing Directors B Sriramulu and B Srihari, Whole-time Director R Selvakumar, CFO Ramaprabha S, Company Secretary P Rajesh. |
Our journey and innovations Founded in 1992, expanded capacity and capabilities, added power cogeneration, launched 'Trigger' jeans in 2023, and developed performance fabrics. |
Where we operate Operations primarily in India with export through subsidiary KG Denim (USA) Inc. |
Top products or what we offer Denim fabrics, apparel fabrics, garments under 'Trigger', and emerging performance fabrics for specialized markets. |
Top brands 'Trigger' jeans - regional presence in Karnataka, Tamil Nadu, Maharashtra since 2023. |
Raw materials needed Cotton and synthetic fibers for denim and textile production. |
Raw materials supplier - |
Recurring vs cyclical contribution Primarily cyclical, tied to garment and textile industry demand cycles. |
Our industry position A key player domestically in denim manufacturing; expanding apparel segment with emerging brand and export initiatives. |
Financial highlights FY2023-24 revenue approximately Rs. 260 crore with a net loss of Rs. 35.82 crore; revenue declined ~50% due to operational challenges. |
Geographical revenue split - |
Order book - |
Whats driving growth Brand expansion with 'Trigger' jeans, development of performance fabrics, and capacity utilization improvements post water scarcity issues. |
Our future plans Focus on marketing performance textiles, expand garment segment, and fully commission new product lines. |
Our green promise ISO-45001 certified for occupational health and safety; zero liquid discharge system; environmental and community welfare initiatives. |
Our people and values Cordial labor relations, health and safety prioritized, with staff welfare and community engagement programs. |
Key challenges ahead Water scarcity impacting operations, financial losses, and regulatory compliance pressures. |
Interesting facts Among first in region with captive spinning and co-generation power plant; introduced proprietary fabric drying technology (ATFD). |
Risks and strategy Mitigating water supply risks, enhancing financial controls, diversifying product portfolio, and strengthening brand equity. |
