Minaxi Textiles Ltd (MINAXI) Share Price & Fundamentals

What we do

Minaxi Textiles Ltd is an Indian textile company specializing in weaving synthetic grey fabric for suiting and shirting, supplying uniforms to government agencies, and offering fancy suiting fabrics.

Founded in

1,995

Market share

Active in major Indian cities supplying quality fabrics at competitive prices, with a notable presence in government uniform tenders.

Problem solved

Provides quality textile fabrics at competitive prices, meeting demands of government uniform supply and local fabric markets.

Top clients or who we serve

Serves government and semi-government departments through tenders; targets both institutional clients and local fabric markets across India, primarily B2B.

Key management

Leadership includes Mr. Bharatbhai Patel with significant growth achievements; board balanced with executive and independent directors.

Our journey and innovations

Established in 1995 from partnership, expanded weaving capacity to 40 picanol gamma machines; grew revenue to 38 Cr in 2011 with consistent market presence.

Where we operate

Operates primarily within India, covering major cities and supplying government uniform tenders nationwide.

Top products or what we offer

Synthetic grey suiting and shirting fabrics, lycra suitings, cotton quilts, broken twill and satin fabrics, and government uniform textiles.

Top brands

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Raw materials needed

Synthetic fibers, cotton, dyes, and yarn used for weaving various fabric types.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue largely dependent on cyclical textile demand and government tender cycles.

Our industry position

Mid-sized textile firm with a niche in synthetic fabrics and government uniform supply, maintaining steady local market presence.

Financial highlights

FY 24-25 revenue of Rs. 28.88 Cr with net loss of Rs. 0.53 Cr due to subdued market conditions; EBITDA and PAT negative.

Geographical revenue split

Primarily domestic revenue from Indian market; no international presence reported.

Order book

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Whats driving growth

Government uniform contracts, expansion of weaving capacity, and market diversification efforts are key growth drivers.

Our future plans

Plans include business expansion to improve turnover and profitability, exploring new markets and operational efficiencies.

Our green promise

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Our people and values

Emphasizes coordination and cooperation with workers and staff, fostering a harmonious industrial relation environment.

Key challenges ahead

Market softness, operational losses, and need for cash flow improvement pose current challenges.

Interesting facts

Has a long-standing presence since 1995 with strategic growth under leadership of Mr. Bharatbhai Patel.

Risks and strategy

Mitigating stalled growth by expanding business scale and improving operational cash flows; risks include demand fluctuations.