What we do Premco Global Ltd manufactures woven and knitted elastic and non-elastic narrow fabrics and tapes for apparel, lingerie, sports, medical, and automotive industries, serving global garment centers. |
Founded in 1,966 |
Market share Well-established with export reach to the US, Europe, and Latin America; preferred supplier to major global retailers like Gap, Tesco, Walmart. |
Problem solved Provides specialized elastic and narrow fabric solutions that meet diverse industrial and fashion garment needs with quality and trend alignment. |
Top clients or who we serve B2B focus serving international apparel brands and garment manufacturers such as Gap, Old Navy, Tesco, Walmart, and others. |
Key management - |
Our journey and innovations Pioneered garment exports in 1966, expanded into elastic narrow fabrics in 1977; added packaging and labeling through Pixel Packaging in 2004. |
Where we operate Manufacturing in India (Mumbai, Dadra, Gujarat, etc.) and Vietnam; exports mainly to US, Europe, and Latin America. |
Top products or what we offer Jacquard elastic tapes, woven and knitted elastic tapes, packaging and labeling products like woven labels, hangtags, heat transfer labels. |
Top brands - |
Raw materials needed Elastic yarns, cotton, polyester, packaging materials, specialty fibers for tapes and labels. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from recurring manufacturing contracts with steady demand from apparel sectors. |
Our industry position Established niche player in narrow fabric market with ISO certification and strong global client relationships. |
Financial highlights Consolidated revenue approx. Rs 113.3 Cr with 9.5 Cr net profit for FY 2024-25, showing double-digit revenue growth and profit increase. |
Geographical revenue split Key revenues from Indian manufacturing units and Vietnam subsidiary with export focus on US and European markets. |
Order book - |
Whats driving growth Growth driven by international apparel demand, new tech in manufacturing, and capacity expansion in Gujarat factory. |
Our future plans Investing Rs 28 Cr to expand Gujarat plant capacity; continuing innovation in elastic tape and packaging product lines. |
Our green promise Focused on energy conservation and efficient manufacturing processes; no major capital investments planned for energy equipment. |
Our people and values Employee base of 214 with focus on training, diversity, and a safe workplace including zero tolerance for harassment. |
Key challenges ahead Global trade fluctuations, raw material price volatility, and competition from emerging markets. |
Interesting facts Among India’s first exporters of high-fashion ready-made garments in 1960s; has maintained ISO 9001-2008 certification. |
Risks and strategy Monitors market and operational risks via Board Risk Management; pursues cost efficiencies and customer diversification. |
