What we do Shreedhar Spinners Ltd manufactures and exports cotton and synthetic yarns suited for diverse textile applications including apparel and industrial fabrics. |
Founded in 2,020 |
Market share New entrant with a 5500 MT capacity; growing presence in yarn production via advanced compact ring spinning technology. |
Problem solved Addresses demand for high-quality, uniform yarns reducing waste and improving fabric strength for knitting and weaving sectors. |
Top clients or who we serve Textile manufacturers involved in apparel, denim, terry towels, shirting, bed linens, sweaters, socks, furnishings; mainly B2B. |
Key management Dharmendra Mohandas Goyal (Chairman & MD, Chartered Accountant), Vishal Agarwal (Non-Executive Director, CA qualified). |
Our journey and innovations Founded 2020; started yarn manufacturing 2022; implemented compact ring spinning for superior yarn quality. |
Where we operate Manufacturing based in Maharashtra, India with focus on domestic and export markets. |
Top products or what we offer Cotton and synthetic yarns produced using advanced spinning technologies suitable for various textile uses. |
Top brands - |
Raw materials needed Cotton bales sourced from local ginners, traders, and Cotton Corporation of India. |
Raw materials supplier Suppliers include local cotton ginners, traders, and national Cotton Corporation of India. |
Recurring vs cyclical contribution Revenue primarily from yarn sales, generally cyclical depending on textile industry demand. |
Our industry position Emerging textile spinner leveraging technology for quality; positioned to expand in export markets. |
Financial highlights FY 2026 revenue at Rs 146.37 crore with net profit of Rs 6.17 crore, demonstrating initial profitability. |
Geographical revenue split - |
Order book - |
Whats driving growth Growing demand in textiles, strategic location in Vidarbha's cotton region, and adoption of compact ring spinning technology. |
Our future plans Planning IPO with fresh equity issue; aims to expand capacity and market reach. |
Our green promise - |
Our people and values Governed by experienced leadership with emphasis on compliance and corporate governance; female representation on Board. |
Key challenges ahead Scaling operations, market competition, raw material price volatility, and successful IPO execution. |
Interesting facts Factory is strategically located within Maharashtra's textile park and uses advanced spinning technology uncommon in start-ups. |
Risks and strategy Mitigating raw material supply risks via local sourcing; focusing on quality and export expansion to sustain growth. |
