What we do Subhash Silk Mills Ltd is a pioneer in India's art-silk textile industry, manufacturing fashion fabrics, dress materials, jacquards, shirts, and ties, also exporting primarily to Gulf countries. |
Founded in 1,949 |
Market share One of the early established players in Indian art-silk textiles with niche exports to Gulf markets. |
Problem solved Provides quality fashion fabrics and readymade garments addressing demand for premium textile products domestically and overseas. |
Top clients or who we serve B2B and B2C customers including corporates via its garment brand 'Vastra Creations' and Gulf export clients. |
Key management Mr. Dhiraj Mehra (Managing Director), Mr. Sumeet Mehra (Chairman) |
Our journey and innovations Founded in 1949, converted to public company in 1988, public issue in 1995 to expand manufacturing; diversified into garments under 'Vastra Creations'. |
Where we operate Primarily India with export markets in Gulf countries, mainly Saudi Arabia. |
Top products or what we offer Fashion fabrics, dress materials, jacquards, shirts, ties under brand 'Cameo', garments under 'Vastra Creations'. |
Top brands Cameo - shirts and ties; Vastra Creations - corporate garments. |
Raw materials needed Silk and synthetic fibers for art-silk fabric production. |
Raw materials supplier Not specified in available data. |
Recurring vs cyclical contribution Revenue primarily from textile manufacturing and garment sales; cyclical with market demand but with steady export orders. |
Our industry position Established legacy textile company with a niche in art-silk fabrics and garment exports, currently showing operational challenges. |
Financial highlights FY 2024-25 revenue Rs. 2840.02 thousand; net loss Rs. 22,055.83 thousand due to business slowdown and restructuring costs. |
Geographical revenue split Revenue from domestic operations and Gulf exports; precise split not detailed. |
Order book - |
Whats driving growth Focus on operational efficiencies, strategic initiatives, and corporate garment segment expansion. |
Our future plans Ongoing business repositioning for growth; no major capex disclosed. |
Our green promise - |
Our people and values Small management-led leadership with commitment to ethical practices and compliance; emphasizes transparency and governance. |
Key challenges ahead Business slowdown, market competitiveness, and recovering from historical operational challenges and losses. |
Interesting facts Company under lockout since 1998 but diversified into garment manufacturing supplying to corporates. |
Risks and strategy Facing losses with rising expenses; focusing on internal efficiencies and new business segments to mitigate risks. |
