What we do Unitec Fibres Ltd manufactures recycled polyester staple fibre from recycled PET materials, catering to automobile, textile, and home furnishing sectors with eco-friendly products. |
Founded in 2,005 |
Market share A key player in the Indian recycled polyester fibre market with growing domestic and export presence. |
Problem solved Helps reduce plastic waste by converting PET bottles into sustainable polyester fibres, aiding environmental conservation. |
Top clients or who we serve Automobile, textile, and home furnishing industries; serves B2B clients domestically and internationally. |
Key management - |
Our journey and innovations Founded in 2005, expanded manufacturing capacity in Tarapur, with new unit under setup in Gujarat; ongoing R&D to improve fibre quality. |
Where we operate Primarily India with exports to Middle East, China, Europe, and Japan. |
Top products or what we offer Recycled Polyester Staple Fibre used in non-woven fabrics, geo textiles, furniture stuffing, and mattresses. |
Top brands - |
Raw materials needed Polyester waste, PET bottles, recycled polyester raw materials. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely recurring from steady B2B fibre supply contracts. |
Our industry position Established manufacturer with increasing production capacity and export footprint in recycled fibres market. |
Financial highlights FY2023 Revenue Rs. 224.24 crore; Net Profit Rs. 7.6 crore; steady growth year-on-year. |
Geographical revenue split India contributes approximately 90%, with about 10% from international markets. |
Order book - |
Whats driving growth Rising demand for sustainable fibres, regulatory support for recycling, capacity expansion, and innovation. |
Our future plans Setup of third manufacturing unit in Gujarat to increase capacity; further product and quality enhancement R&D. |
Our green promise Focus on recycling PET waste to reduce environmental impact and support sustainability goals. |
Our people and values Committed workforce focusing on quality and environmental responsibility backed by modern technology. |
Key challenges ahead Capacity expansion execution, competitive pricing pressures, and maintaining quality during growth phases. |
Interesting facts One of the few Indian companies converting PET waste into polyester fibre with global export reach. |
Risks and strategy Market fluctuations and raw material availability managed via diversification and capacity scaling strategies. |
