What we do Riba Textiles Ltd manufactures terry towels and tufted rugs with an export-oriented integrated textile facility near New Delhi, serving global customers in 30 countries. |
Founded in 1,989 |
Market share Leading exporter in terry towels with growing capacity targeting global mass merchandisers and e-commerce sectors. |
Problem solved Provides high-quality, diverse textile products meeting global demand for home textiles such as towels and rugs. |
Top clients or who we serve Departmental stores, mass merchandisers, e-commerce sellers, and importers worldwide (B2B and B2C). |
Key management Mrs. Asha Garg (Chairperson & Whole-time Director), Mr. Amit Garg (Managing Director), Mr. Nitin Garg (Whole-time Director). |
Our journey and innovations Established in 1989, expanded capacity multiple times to 12,000 tons by 2024-25, operating a 1 million sq.ft integrated plant with advanced machinery. |
Where we operate Primarily India with exports to around 30 countries across multiple continents. |
Top products or what we offer Terry towels and tufted rugs manufactured with in-house weaving, dyeing, finishing and embroidery services. |
Top brands Riba Textiles' flagship export offerings focus on terry towels and bath rugs; recognized for quality and scale. |
Raw materials needed Cotton yarn, dyeing chemicals, embroidery threads. |
Raw materials supplier Sourced through domestic and international suppliers specializing in cotton and textile chemicals. |
Recurring vs cyclical contribution Revenue is largely recurring driven by continuous export orders with some cyclical expansion investments. |
Our industry position Strong exporter with upgraded state-of-art facilities, scaling production capacity to compete globally. |
Financial highlights FY 2024-25 revenue Rs 295.86 crore, net profit Rs 8.5 crore, revenue growth 19.8% year-on-year. |
Geographical revenue split Exports constitutes about 88.7% revenue; domestic sales around 11.3%. |
Order book - |
Whats driving growth Capacity expansions, integrated manufacturing, robust export demand, operational efficiencies. |
Our future plans Increasing annual production capacity from 7,000 tons to 12,000 tons by 2024-25, modernizing production. |
Our green promise - |
Our people and values Employs 341 people, fostering inclusive and ethical workplace with focus on talent development. |
Key challenges ahead Navigating global trade dynamics, input cost volatility, and maintaining quality amid expansion. |
Interesting facts Operates on 20 acres with a 1 million sq.ft facility equipped with global machinery for textile processing. |
Risks and strategy Risk mitigated through diversification of markets and sustained investment in technology upgrades. |
