What we do Raj Rayon Industries Ltd manufactures and sells polyester yarns including PTY, POY, FDY, and specialty yarns for textile applications from its Silvassa plants. |
Founded in 1,993 |
Market share Leading polyester yarn manufacturer with growing export footprint across Latin America, Middle East, and Southeast Asia. |
Problem solved Provides reliable, high-quality polyester yarns to textile industry addressing demand for cost-effective, durable, and specialized yarns. |
Top clients or who we serve Supplies textile manufacturers and apparel brands; operates in B2B market with global exports. |
Key management Rajkumar Satyanarayan Agarwal (Managing Director), Sandiip Satyanarayan Agarwwal (Whole Time Director & CFO). |
Our journey and innovations From 600 TPA capacity in 1994, expanded to multiple units, added polymerization and continuous innovations, undergoing major revival since 2023 under new management. |
Where we operate Manufacturing in Silvassa, India, exports to over a dozen countries including Brazil, Egypt, Mexico, Spain, Vietnam. |
Top products or what we offer Polyester Texturised Yarn, Partially Oriented Yarn, Fully Drawn Yarn, Dope Dyed Yarns including triobal, octalobal, cationic, fire retardant and antimicrobial types. |
Top brands - |
Raw materials needed Polyester chips (textile grade), PTA as primary raw materials. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely from recurring industrial sales with cyclical fluctuations linked to textile demand. |
Our industry position Star Export House with improved global positioning and upgraded manufacturing capacity and technology. |
Financial highlights FY2023-24 revenue Rs. 745 crore with net profit Rs. 4 crore; rapid growth from prior year loss of Rs. 12 crore. |
Geographical revenue split - |
Order book - |
Whats driving growth Capacity expansions, technological upgrades, export demand growth, government incentives, and integration with SVG group. |
Our future plans Planned capex to expand polymerization to 700 TPD and yarn capacity by 2026, focusing on higher-margin niche products. |
Our green promise Energy-saving innovations like vapour absorption chillers, water recycling, and use of biomass fuel underway. |
Our people and values Governed by a restructured board; focus on skilled workforce and corporate governance reforms. |
Key challenges ahead Achieving minimum public shareholding, managing debt, sustaining profitability amid global textile market shifts. |
Interesting facts Three consecutive capacity expansions completed by 2025; turnaround accomplished after insolvency proceedings and acquisition by SVG group. |
Risks and strategy Market volatility, import regulations, and supply chain risks mitigated via strategic investments, policy compliance, and product innovation. |
