What we do Paramount Dye Tec Limited manufactures high-quality yarns by recycling synthetic waste fibers, serving the textile industry's B2B segment with sustainable and diverse yarn products. |
Founded in 2,014 |
Market share Emerging player in recycled synthetic yarn market with growing footprint after recent IPO. |
Problem solved Converts synthetic fiber waste into quality yarn, addressing environmental waste and raw material scarcity in textiles. |
Top clients or who we serve B2B customers in textile manufacturing including apparel and home textiles sectors. |
Key management Managing Director cum CFO: Mr. Kunal Arora (appointed 2024). |
Our journey and innovations Started as partnership in 2014, converted to public company 2024, began synthetic fiber recycling in 2023; listed on NSE SME Market in 2024. |
Where we operate Operations based in Punjab, India with focus on domestic textile industry. |
Top products or what we offer Recycled synthetic yarns: acrylic, polyester, nylon, wool, hand-knitting, and acrylic blend yarns. |
Top brands - |
Raw materials needed Uses recycled synthetic fiber waste as primary raw materials. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly cyclical, tied to textile industry demand cycles. |
Our industry position Positioned as a quality supplier in recycled synthetic yarns with growing market recognition post-IPO. |
Financial highlights FY 2024-25 Revenue approx. Rs 77.3 Cr, Net Profit Rs 8 Cr, successful IPO raised Rs 28.43 Cr. |
Geographical revenue split Revenue primarily from Indian textile sector; no other geographic breakdown provided. |
Order book - |
Whats driving growth Growth driven by rising demand for sustainable yarns, recycling initiatives, and strategic capital infusion post-IPO. |
Our future plans Plan to expand manufacturing capacity and deepen recycling technology implementation. |
Our green promise Focus on sustainability through recycling synthetic waste fibers into quality yarn. |
Our people and values Managed by seasoned professionals with emphasis on innovation and governance excellence. |
Key challenges ahead Scaling operations and competing in a fragmented yarn market while maintaining quality and margins. |
Interesting facts Company transformed from partnership to public entity within a decade, pioneering synthetic waste recycling in yarns. |
Risks and strategy Market demand variability mitigated by product mix diversification and strengthening capital base. |
