What we do Scarnose International Ltd trades agricultural commodities, manufactures textiles and ready-made garments under its Scarnose brand in India. |
Founded in 2,011 |
Market share Emerging player in textile trading and garment manufacturing with growing domestic presence. |
Problem solved Offers fashionable, value-added ready-made garments and sources quality agricultural commodities efficiently. |
Top clients or who we serve Focuses on domestic retail consumers for garments and businesses for cotton, yarn, and textile trading. |
Key management Shraddha Dev Pandya (Managing Director), Maharshi Jigar Pandya (Director). |
Our journey and innovations Started in 2011, transitioned to a public company in 2021, began garment manufacturing in 2021 with unique embroidery and handwork. |
Where we operate Primarily operates in India with intent to diversify product offerings. |
Top products or what we offer Cotton bales, yarns, textiles trading and ready-made garments like Kurtis with embroidery under Scarnose brand. |
Top brands Scarnose (domestic brand for ladies ready-made garments). |
Raw materials needed Cotton bales, yarns, printed and solid dyed fabrics for garment production. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly cyclical driven by commodity trading and garment sales trends. |
Our industry position Small but growing presence in agriculture commodity trade and garment manufacturing sectors. |
Financial highlights Revenue Rs. 12.1 Cr and Net Profit Rs. 0.19 Cr for FY 2024-25; showing improvement in profitability. |
Geographical revenue split Revenue is primarily from the Indian domestic market. |
Order book - |
Whats driving growth Expansion into manufacturing with value-added garments and broadening portfolio into pharmaceuticals and personal care products. |
Our future plans Diversify business into pharmaceuticals, healthcare products, and strengthen garment manufacturing capabilities. |
Our green promise - |
Our people and values Emphasizes ethical governance and transparent practices; no significant CSR initiatives due to company size. |
Key challenges ahead Managing diversification into new sectors while sustaining growth in competitive textile and garment markets. |
Interesting facts Listed via IPO in June 2022, raising Rs 6.6 Cr; board actively evaluates and steers company growth. |
Risks and strategy Facing risks from market volatility and sector expansion; mitigated through governance and strategic diversification. |
