What we do Shree Balaji (Mala) Textiles Ltd manufactures and sells women's sarees, specializing mainly in cotton fabrics, focusing on trending Indian fashion for the women's apparel market. |
Founded in 2,005 |
Market share Established supplier with strong relationships in major textile hubs like Surat, Mumbai, and Kolkata, contributing to a significant market presence in women's sarees. |
Problem solved Provides high-quality, fashionable cotton sarees meeting diverse customer preferences through innovation and design in traditional Indian wear. |
Top clients or who we serve B2B model supplying to apparel traders, retailers, and distributors primarily in the women's saree segment across India. |
Key management - |
Our journey and innovations Founded as a proprietorship, incorporated in 2005 and converted to a public company in 2025, with a history of over three decades in women's apparel and sustained product innovation. |
Where we operate Primarily operates across India with sourcing and manufacturing linked to key textile manufacturing locations like Surat and Rajkot. |
Top products or what we offer Wide product range of women's sarees classified by occasion, fabric, weave, and pattern with a focus on cotton sarees. |
Top brands - |
Raw materials needed Cotton and other textile fibers primarily for saree production. |
Raw materials supplier Sourcing from established weaving clusters in Surat, Mumbai, Kolkata, Jetpur, and Rajkot. |
Recurring vs cyclical contribution Revenue mostly recurring through continual saree sales with seasonal fashion influences. |
Our industry position A well-established player in the women's textile apparel market with strong supplier networks and consistent growth. |
Financial highlights FY 2023 revenue approximately Rs 211.97 crore with net profit of Rs 5.85 crore; 12% revenue growth over previous year. |
Geographical revenue split Revenue primarily generated within India from multiple regional textile hubs. |
Order book - |
Whats driving growth Growth driven by continued demand for quality cotton sarees, innovation in design, and expanding distribution networks. |
Our future plans Plans Initial Public Offer of 27 lakh equity shares to expand business and enhance market reach. |
Our green promise - |
Our people and values Committed to employee development with focus on talent retention, internal promotion, and workplace safety. |
Key challenges ahead Maintaining growth amidst competitive textile market and evolving consumer preferences. |
Interesting facts Has sold approximately 7.5 million units of sarees as of 2025, demonstrating strong market acceptance. |
Risks and strategy Faces risks from market competition and fashion trends; mitigation through innovation and strong supplier relationships. |