What we do Shree Manufacturing Company Ltd operates in agriculture and retail trading, focusing on synthetic blended yarn manufacturing and exploring diversification into new business areas. |
Founded in 1,976 |
Market share The company is a small player, currently with negative net worth and exploring new business avenues. |
Problem solved Provides manufacturing of synthetic yarn and retail agricultural products to meet industry and consumer demand. |
Top clients or who we serve Businesses in textile and agricultural sectors; operates in B2B and B2C markets. |
Key management - |
Our journey and innovations Started by inheriting ICCL assets in 1976; transitioned from investments to yarn production in 1984; taken over by Edge Consultancy in 2013; currently diversifying business. |
Where we operate India, with operations mainly based in Andhra Pradesh and Maharashtra. |
Top products or what we offer Synthetic blended yarn from spinning mill; agricultural products and retail trading services. |
Top brands - |
Raw materials needed Raw materials for synthetic yarn manufacture including synthetic fibers and blends. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue appears cyclical with current negative earnings, exploring recurring revenues through retail trading. |
Our industry position Currently a sick company with efforts underway for recovery and diversification; limited market share. |
Financial highlights Recent years show negative net profits and accumulated losses exceeding net worth; FY25 net loss approx. Rs 17,000. |
Geographical revenue split - |
Order book - |
Whats driving growth Exploration of new business avenues and cost reduction strategies drive current growth efforts. |
Our future plans Diversify into new business areas beyond yarn manufacturing; improve financial health. |
Our green promise - |
Our people and values Small workforce with focus on inclusive policies; gender diversity emphasized with equal male-female employees. |
Key challenges ahead Financial distress, negative net worth, and need to turnaround business while exploring new sectors. |
Interesting facts Took over Indian Copper Corporation's assets post-nationalization and shifted from investments to manufacturing. |
Risks and strategy Risks include financial losses and market position; strategy focuses on diversification and cost control. |
