What we do Texel Industries Ltd manufactures geosynthetic textile products like tarpaulins and geomembranes used in agriculture, civil engineering, water conservation, and waste management. |
Founded in 1,989 |
Market share Leading manufacturer with prominent ISI certifications and strong presence in specialty coated fabrics and geosynthetics market. |
Problem solved Provides durable, chemical-resistant, and waterproof material solutions for infrastructure, agriculture, and environmental protection challenges. |
Top clients or who we serve Serves industrial clients in agriculture, aquaculture, infrastructure, and chemical sectors; business-to-business model. |
Key management Shailesh R. Mehta (Chairman & Managing Director), Umesh Arvindbhai Vyas (Independent Director) |
Our journey and innovations Expanded capacity since 1989, developed specialized chemical-resistant geomembranes and multilayered geo composites, and added new facility in Kheda in 2022. |
Where we operate Operates primarily in India with a wholly owned subsidiary in Africa. |
Top products or what we offer Tarpaulins, geomembranes, tunnel lining membranes, roof tile underlays, pile liners, and coated packaging papers. |
Top brands GeoTexelin geosynthetics with ISI certification under multiple BIS standards, known for quality and durability. |
Raw materials needed High-density polyethylene (HDPE) woven fabric and specialty coatings. |
Raw materials supplier Suppliers not specified publicly. |
Recurring vs cyclical contribution Revenue driven by both recurring industrial orders and project-based sales, showing growth in value-added products. |
Our industry position First in India with ISI certification in agrotextiles, strong niche leadership in geosynthetic textiles. |
Financial highlights FY 2024-25 revenue ₹121.17 crore, net profit ₹4.89 crore, a turnaround from loss in previous year, 27% revenue growth. |
Geographical revenue split - |
Order book - |
Whats driving growth Demand for value-added geosynthetics, capacity expansion, and adoption of environmentally sustainable products. |
Our future plans Expand production capabilities, enhance product portfolio, and strengthen international presence. |
Our green promise ISO 14001:2015 certified, compliance with environmental and pollution control norms. |
Our people and values Committed workforce with focus on safety, diversity, and ethical governance. |
Key challenges ahead Market economic uncertainties and project delays could impact growth trajectory. |
Interesting facts First Indian company with ISI license marking for HDPE woven geomembranes and tarpaulins. |
Risks and strategy Maintains robust risk management with policies for identifying and mitigating operational and market risks. |
