What we do Morarjee Textiles Ltd manufactures high-quality cotton fabrics, including shirtings and fashion prints, supplying Indian and international brands. |
Founded in 1,995 |
Market share Established leader in woven cotton shirtings and printed fabrics, serving premium markets domestically and abroad. |
Problem solved Provides premium cotton textiles that meet evolving fashion demands with integrated manufacturing and technical collaborations. |
Top clients or who we serve Serves Indian and international apparel brands, B2B focus with exports to Middle East and African subcontinent. |
Key management Harshvardhan A. Piramal, Executive Vice Chairman & Whole Time Director, from Ashok Piramal Group leadership. |
Our journey and innovations Commissioned integrated weaving, printing & processing facility in 2016; collaborated with Swiss and Japanese firms for finishing and printing excellence. |
Where we operate Primarily India with export markets in Middle East and Africa. |
Top products or what we offer Cotton shirtings, fashion prints including Voiles, Satin, Cambric, Poplin, Lawn and Silk fabrics. |
Top brands Cotton shirtings and fashion printed fabrics recognized for quality and innovation in textile industry. |
Raw materials needed Cotton yarns and specialty printing chemicals sourced for fabric production. |
Raw materials supplier Supplied by domestic and international cotton yarn manufacturers and chemical providers. |
Recurring vs cyclical contribution Revenue is cyclical, tied to textile manufacturing cycles and fashion industry demand. |
Our industry position Leading manufacturer with integrated facilities and strong market position in cotton fabric sector. |
Financial highlights Revenue ₹208.17 crore FY23 with net loss ₹-185.27 crore; facing operational and financial challenges recently. |
Geographical revenue split Revenue from India and exports to Middle East and Africa; exact split not disclosed. |
Order book - |
Whats driving growth Growth driven by fashion trends, technical collaborations, and expanding international customer base. |
Our future plans Focus on resolving operational challenges, optimizing integrated production, and exploring new markets. |
Our green promise - |
Our people and values Committed workforce supported by robust governance and zero tolerance for workplace harassment. |
Key challenges ahead Facing financial losses, strikes, and insolvency proceedings impacting operations and future outlook. |
Interesting facts Only Indian textile company with technical collaborations with Swiss and Japanese firms for finishing and printing. |
Risks and strategy Mitigating financial distress via risk management policies; addressing labor and market challenges to regain stability. |
