What we do Patspin India Limited manufactures and exports fine quality cotton yarn, including combed and gassed yarn, serving international markets with advanced textile technology. |
Founded in 1,991 |
Market share Recognized exporter with ISO 9002 certification, serving markets in Japan, Italy, UK, and others; establishing a solid presence in specialty cotton yarn export. |
Problem solved It addresses global demand for premium cotton yarn by offering high-quality, technologically advanced textile products, meeting stringent international standards. |
Top clients or who we serve Exports yarn to international textile manufacturers primarily in Japan, Italy, UK, Israel, Mauritius; operates B2B with textile companies worldwide. |
Key management Shri Umang Patodia, Managing Director since 1994, and Shri B.K. Patodia, Chairman Emeritus with decades of industry leadership. |
Our journey and innovations Started in 1991; expanded capacity with modern combing and compact spinning technology; ISO certification in 1996; recent modernization projects under Technology Upgradation Fund. |
Where we operate India with 100% EOU unit; exports primarily to Japan, Italy, UK, Israel, Mauritius; international market footprint significant. |
Top products or what we offer Fine counts cotton yarn including combed and gassed yarn; currently focusing on spinning after job work operations; diversifying in knitting and twisting yarns. |
Top brands - |
Raw materials needed Cotton including specialty varieties like American Supima and Egyptian Giza cotton. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue cyclical due to global textile market demand fluctuations, recently reliant on job work covering variable costs. |
Our industry position Among leading exporters of specialty cotton yarn from India with capacity expansions and advanced technology utilization. |
Financial highlights FY 2024-25 revenue ₹48.83 crore, EBITDA ₹0.58 crore; facing losses ₹9.79 crore due to market headwinds and restructuring. |
Geographical revenue split Approx. 53% revenue from exports outside India, 47% within India as of FY 2017 data. |
Order book - |
Whats driving growth Recovery in global textile demand, government textile sector initiatives, and expansion of export markets via FTAs. |
Our future plans Resuming own yarn manufacturing after job work phase; financial restructuring underway; capacity enhancements planned. |
Our green promise Installed 5.8 MW wind power units to support sustainability and reduce carbon footprint as part of modernization. |
Our people and values Led by an experienced Board; fostering innovation and legacy of export excellence; commitment to corporate governance. |
Key challenges ahead Liquidity stress, global geopolitical tensions, raw material price volatility, and restructuring approvals from lenders. |
Interesting facts Promoter leadership awarded for exemplary service; first Indian spinner to adopt compact spinning technology internationally. |
Risks and strategy Mitigating liquidity risk through promoter funding and restructuring; leveraging government schemes to modernize and regain profitability. |
