What we do Salona Cotspin Ltd manufactures and exports cotton yarn and knitted fabrics, focusing on spinning yarn and producing customized knitwear apparel with high-quality standards. |
Founded in 1,994 |
Market share Established over five decades with advanced machinery, Salona holds a strong position in cotton yarn and knitted fabric production. |
Problem solved Provides high-quality, customized yarn and fabrics that meet global textile demands, optimizing energy use to reduce carbon footprint and cost. |
Top clients or who we serve Serves knitwear, hosiery, and weaving industries globally, catering primarily to B2B export markets and domestic branded apparel retail via NEWRIE LONDON. |
Key management - |
Our journey and innovations Since 1994, expanded capacity, adopted renewable energy, launched branded garments, and integrated global textile trends and eco-friendly practices. |
Where we operate Manufacturing in Tamil Nadu with sales focused on India and international export markets primarily for yarn and fabric. |
Top products or what we offer Cotton and blended yarns, knitted fabrics, and branded women's garments under NEWRIE LONDON with captive renewable energy generation. |
Top brands NEWRIE LONDON - women's apparel brand with expanding retail presence and nationwide franchise network. |
Raw materials needed High-quality cotton and cotton blends sourced for yarn and fabric production. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is cyclical, driven by textile industry demand and cotton price fluctuations. |
Our industry position A leading cotton textile manufacturer with consistent capacity expansions and export focus in the spinning and knitwear sector. |
Financial highlights FY 2024-25 revenue Rs. 662.16 crore; net profit Rs. 3.13 crore; capacity expansion with 18,000 new spindles in 2024-25. |
Geographical revenue split - |
Order book - |
Whats driving growth Capacity addition, renewable energy cost savings, expanding branded apparel segment and export demand drive growth. |
Our future plans Expand production capacity, increase branded apparel footprint, enhance sustainability via renewable energy for captive consumption. |
Our green promise Utilizes wind and solar power plants for captive consumption to reduce carbon footprint and operational costs. |
Our people and values Emphasizes skilled workforce and strong corporate governance with focus on sustainability and compliance. |
Key challenges ahead Volatility in cotton prices, export market fluctuations, and maintaining competitive margins amid raw material cost pressures. |
Interesting facts Operates 2.20 MW wind and 2.00 MW solar captive power plants supporting textile operations, reducing power costs significantly. |
Risks and strategy Mitigates raw material price risk with operational efficiency and capacity expansion; focuses on diversification through branded garments. |
