What we do Nahar Spinning Mills Ltd manufactures cotton, blended, and synthetic yarn along with hosiery knitwear, focusing on textile production and exports. |
Founded in 1,980 |
Market share Major Indian textile player with significant presence in cotton and blended yarn markets, expanding spindle capacity to enhance market share. |
Problem solved Provides high-quality yarn and garments to meet the needs of textile and apparel industries globally, enabling quality manufacturing and exports. |
Top clients or who we serve Serves textile manufacturers and apparel exporters mainly B2B clients, with exports targeting the US and European markets. |
Key management Dinesh Oswal (Managing Director) with 40+ years textile and financial expertise; Jawahar Lal Oswal (Chairman), experienced industry leader. |
Our journey and innovations Since 1980, expanded spinning units across Punjab and Madhya Pradesh; introduced modern dyeing and mercerizing plants; ongoing modernization with ultra-modern machinery and solar projects. |
Where we operate Operations mainly in India across Punjab and Madhya Pradesh with exports to the US, Europe, and other quality-conscious markets. |
Top products or what we offer Cotton yarn, synthetic yarn, blended yarn, hosiery knitwear, and garments produced across multiple spinning and processing units. |
Top brands No specific branded products; known for quality yarn and knitwear with substantial export volumes and modernized spinning capacity. |
Raw materials needed Cotton, synthetic fibers, and blended fibers used for yarn manufacturing. |
Raw materials supplier Supplied by regional cotton growers and synthetic fiber manufacturers; also backward integrated via acrylic fiber initiatives. |
Recurring vs cyclical contribution Revenue is largely recurring driven by continuous orders in yarn and garment manufacturing with some cyclical variations linked to global textile demand. |
Our industry position Strong position in Indian textile spinning with leading spindle capacity and growing export footprint. |
Financial highlights 2024-25 revenue of Rs. 3285 crores, net profit Rs. 12.35 crores, EBITDA Rs. 195.79 crores, an 8.26% increase in total income year-over-year. |
Geographical revenue split Majority revenue from Indian operations with exports generating Rs. 1634.53 crores, primarily to US and European markets. |
Order book - |
Whats driving growth Modernization of plants, capacity expansion in spindles, and focus on quality to increase exports to premium markets driving growth. |
Our future plans Investing Rs. 325 crores in upgrading spinning machinery plus Rs. 25 crores in solar energy, enhancing operational efficiency by 2027-28. |
Our green promise Implementing 11 MW solar PV system for energy self-sufficiency; promoting sustainability through energy-efficient operations. |
Our people and values Meritocratic culture with experienced professionals; committed to employee welfare and zero tolerance for workplace harassment. |
Key challenges ahead Geopolitical tensions, US trade tariffs, and global textile demand slowdown pose risks to growth and profitability. |
Interesting facts Company maintains a high spindle count exceeding 573,000 spindles and pioneered electrification in spinning units since 1980s. |
Risks and strategy Mitigates raw material price volatility and regulatory risks by modernization, diversification, prudent financial management, and export focus. |