What we do Maral Overseas Ltd is a leading Indian vertically integrated textile company manufacturing yarn, fabric, and garments with strong export presence across global markets. |
Founded in 1,989 |
Market share One of India’s largest textile companies with significant market share in yarn, fabric, and knitwear sectors in domestic and export markets. |
Problem solved Provides high-quality integrated textile solutions addressing the demand for sustainable, value-added yarns, fabrics, and garments in global fashion supply chains. |
Top clients or who we serve Serves B2B clients including global garment brands and textile wholesalers primarily in India, Europe, North America, and Southeast Asia. |
Key management Chairman & Managing Director Shekhar Agarwal (3-year term from 2025); Joint Managing Director Shantanu Agarwal reappointed in 2025. |
Our journey and innovations Progressive capacity expansions since 1991; modernized spinning, knitting, and dyeing units; launched Mélange Yarn production in 2024; ongoing textile plant upgrades. |
Where we operate India, with exports to Europe, North America, Middle East, Africa, Far East and Southeast Asia accounting for ~55% of revenues. |
Top products or what we offer Cotton yarn (grey, dyed, Mélange), knitted fabric, processed fabric, and ready-made garments produced in-house with integrated supply chain. |
Top brands No specific consumer brands; product lines include Mélange Yarn (launched 2024), and extensive fabric and garment categories. |
Raw materials needed Cotton primarily sourced from Central India cotton belt, used for yarn and fabric manufacturing. |
Raw materials supplier Not specified; typically local cotton farmers and traders in Madhya Pradesh region. |
Recurring vs cyclical contribution Revenue mix is cyclical with some recurring orders especially from repeat export customers. |
Our industry position Strong industry position with over 89% production capacity utilization; leading integrated textile manufacturer in India. |
Financial highlights FY 2024-25 revenue Rs.1,047 Cr; Net loss Rs.24.2 Cr due to margin pressures; exports composed 44% of turnover. |
Geographical revenue split India 58%, Far East & Southeast Asia 18%, Europe 13%, North America 4%, Africa 9%, Middle East 0.4%, others minimal. |
Order book - |
Whats driving growth Modernization, capacity expansions in dyeing and Mélange yarn; demand recovery and strategic cost optimization. |
Our future plans Continuing modernization with Rs.30.66 Cr investment in dyeing and fabric processing; capacity and efficiency enhancement. |
Our green promise Investments in captive power and thermal power plants; commitment to energy conservation and sustainable practices. |
Our people and values Emphasis on employee dedication, transparency, and responsible corporate governance within a team-oriented culture. |
Key challenges ahead Margin pressures from global oversupply and cotton price volatility; need to improve capacity utilization and profitability. |
Interesting facts One of earliest Indian textile exporters to secure long-term contracts with UK and Mauritius; diversified into Mélange yarn recently. |
Risks and strategy Mitigates risks via capacity balancing, cost control, modernization, and expanding value-added yarn and export markets. |
