What we do Paras Petrofils Ltd manufactures partially oriented polyester filament yarn and nylon yarn, primarily serving the textile industry with man-made fiber products. |
Founded in 1,991 |
Market share Established player in the Indian synthetic yarn market, focusing on polyester and nylon yarn production. |
Problem solved Provides high-quality man-made fiber yarns to meet growing demand in textile manufacturing and reduce dependence on natural fibers. |
Top clients or who we serve Textile manufacturers and fabric producers in India and international markets, B2B operations. |
Key management Deepak Kishorchandra Vaidya, Whole-time Director; Sanjay Jayant Bhatt, Director. |
Our journey and innovations Started operations in 1991; commercial production of polyester yarn from 1996; expanded to nylon yarn in 2010; installed captive power plant in 2004. |
Where we operate Operations based in Surat, India with export reach across global textile markets. |
Top products or what we offer Partially Oriented Polyester Filament Yarn (POY) and Nylon Yarn primarily for textile manufacturing. |
Top brands - |
Raw materials needed Polyester chips, nylon polymers, synthetic fibers. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue previously driven by sales cycles in textile yarn industry; recent years saw no operations but steady other income. |
Our industry position Mid-scale manufacturer in synthetic yarn segment with technological partnerships and captive power advantage. |
Financial highlights Net Profit of Rs. 0.08 Cr in FY 2024-25; suspended operations recently but maintains positive other income and prudent financial management. |
Geographical revenue split - |
Order book - |
Whats driving growth Revival depends on textile demand and resumption of manufacturing; leveraging synthetic fiber growth in India. |
Our future plans No current operations; focus on strategic revival and leveraging captive power assets. |
Our green promise - |
Our people and values Committed to ethical governance and compliance with Indian regulations and internal controls. |
Key challenges ahead Restarting manufacturing operations amidst market competition and overcoming past suspension challenges. |
Interesting facts One of the early adopters of man-made fiber production in Surat with Swiss technology partnership. |
Risks and strategy Market volatility and textile demand risks with focus on prudent financial management and potential operational restart. |
