Samtex Fashions Ltd (SAMTEX) Share Price & Fundamentals

What we do

Samtex Fashions Limited is a textile company initially focused on manufacturing men's suits and trousers, with a legacy of technical collaboration with Samsung Korea.

Founded in

1,993

Market share

Faced operational challenges and ceased manufacturing since 2019; currently exploring revival strategies.

Problem solved

Originally aimed to meet quality demand in men's apparel garments through advanced manufacturing.

Top clients or who we serve

Primarily B2B garment manufacturing; historical focus on international markets like USA.

Key management

Atul Mittal (Chairman & Managing Director)

Our journey and innovations

Started in 1993 with Samsung collaboration; expanded capacity rapidly but ceased production post 2019; currently restructuring.

Where we operate

India, USA (historically)

Top products or what we offer

Men's suits and trousers (previously); company now non-operational in manufacturing.

Top brands

-

Raw materials needed

Textile fabrics, garments accessories (historical)

Raw materials supplier

-

Recurring vs cyclical contribution

No current revenue; historically cyclical manufacturing business

Our industry position

Diminished presence due to halted operations since 2019; no active market share

Financial highlights

Revenue zero in FY2024-25; net loss Rs. 29.57 lakh standalone; consolidated loss Rs. 39.56 lakh.

Geographical revenue split

Minimal revenue from India and USA, total <Rs. 5 lakh

Order book

-

Whats driving growth

Currently no operations; board exploring new business avenues for revival.

Our future plans

Evaluating new business opportunities to restart operations.

Our green promise

-

Our people and values

Employee base significantly reduced following operational halt.

Key challenges ahead

Financial distress, non-performing assets liabilities, legal disputes, and operational restart challenges.

Interesting facts

Initially set up with collaboration from Samsung, a Fortune 500 conglomerate.

Risks and strategy

Faces legacy debt, default notices; strategy focused on negotiation and asset recovery to revive business.