What we do Precot Limited manufactures and sells cotton yarn, technical textiles, and yarn-dyed shirting fabrics primarily in India. |
Founded in 1,962 |
Market share Key player in Indian spinning and technical textiles sectors with significant regional presence in the South. |
Problem solved Addresses demand for quality cotton yarn, technical textiles, and value-added fabric solutions for domestic and export markets. |
Top clients or who we serve Serves textile mills, garment manufacturers, exporters, and apparel brands in both B2B and export channels. |
Key management Ashwin Chandran (Chairman & Managing Director), Prashanth Chandran (Vice Chairman & Managing Director) |
Our journey and innovations Established in 1962; expanded spinning capacity; diversified into technical textiles and yarn-dyed fabrics; installed captive solar and wind power units; closed non-performing unit recently. |
Where we operate Operating units across Tamil Nadu, Kerala, Andhra Pradesh, Karnataka and export presence in Asia-Pacific. |
Top products or what we offer Cotton yarn, technical textiles, yarn-dyed shirting fabrics, and value-added dyed yarns. |
Top brands - |
Raw materials needed Cotton and synthetic fibers. |
Raw materials supplier Sourced domestically and internationally from cotton producers and brokers. |
Recurring vs cyclical contribution Revenue is largely cyclical, influenced by cotton prices and textile demand. |
Our industry position Established with diversified Southern India presence; growing in technical textiles; resilient despite spinning unit closure. |
Financial highlights FY 2024-25 revenue Rs. 868.19 Cr, net profit Rs. 32.89 Cr, EBITDA improvement reflecting operational efficiency. |
Geographical revenue split Domestic revenue Rs. 520.29 Cr, exports Rs. 423.45 Cr (FY 2024-25). |
Order book - |
Whats driving growth Capacity expansion in technical textiles, modernization of spinning units, and improving operational efficiency drive growth. |
Our future plans Expand spinning capacity in Kerala; ramp up technical textiles; improve cost structure and sustainability initiatives. |
Our green promise Installed wind turbines and captive solar plants to reduce energy costs and environmental impact. |
Our people and values Employs over 1600 personnel with focus on harmonious labor relations and inclusive work culture. |
Key challenges ahead Raw material price volatility, competition, and tariff uncertainties in key export markets. |
Interesting facts One of the oldest cotton spinning companies with diversified textile operations and in-house renewable energy units. |
Risks and strategy Manages raw material and forex risks through planning and hedging; focusing on profitable capacity expansions and modernization. |