What we do Peeti Securities Ltd operates mainly in textile trading, specializing in furnishing fabrics marketed under 'PRIDE TEXTILES' across India. |
Founded in 1,994 |
Market share Established presence in Indian textile trading, especially furnishing fabrics, leveraging strong distribution networks. |
Problem solved Provides finishing and distribution of quality furnishing fabrics for home and commercial use, meeting varied textile demand. |
Top clients or who we serve Serves wholesalers, dealers across India; primarily a B2B model in textile distribution. |
Key management Sandeep Peeti, Chairman & Managing Director; Rajesh Pitty, Whole-time Director & CFO. |
Our journey and innovations Founded in 1994 from a family business in textiles; transitioned from grey cloth processing to national finished fabric trading. |
Where we operate Predominantly India with sales hubs in Hyderabad facilitating nationwide distribution. |
Top products or what we offer Furnishing fabrics under the brand 'PRIDE TEXTILES'; finished textile fabrics for wholesale distribution. |
Top brands PRIDE TEXTILES - flagship brand with pan-India reach and recognized in furnishing fabrics category. |
Raw materials needed Grey cloth sourced from weaving contractors; textile processing services. |
Raw materials supplier Various weaving contractors and textile processors at Bhiwandi, Surat, Tarapur, Hyderabad. |
Recurring vs cyclical contribution Revenue largely cyclical, linked to textile market demand and trading volumes. |
Our industry position Mid-sized player in textile trading niche focused on furnishing fabrics with longstanding market relationships. |
Financial highlights Revenue Rs. 23.16 Cr with slight net loss of Rs. 0.09 Cr in FY 2024-25, marginally down from previous year. |
Geographical revenue split - |
Order book - |
Whats driving growth Operational hub relocation to Hyderabad and expanded distribution network supports growth despite market challenges. |
Our future plans Focus on leveraging infrastructure for all-India wholesale operations; no major diversification announced currently. |
Our green promise - |
Our people and values Emphasizes employee welfare and safe workplace; anti-harassment policies in place fostering inclusive culture. |
Key challenges ahead Competitive textile market pressures and margin management amid fluctuating trading volumes. |
Interesting facts Company has origins dating to early 1990s family textile finance and trading legacy. |
Risks and strategy Risk from textile demand cyclicality managed through established dealer network and cost control. |
