What we do Ventura Textiles Limited is primarily engaged in manufacturing textiles including fabric and yarn, with a history of export-oriented textile weaving operations. |
Founded in 1,970 |
Market share Once significant in textile exports, now exited manufacturing with major downsizing; exploring new sectors. |
Problem solved Provides high-quality textile products and yarn to industries facing demands for advanced fabrics and industrial textiles. |
Top clients or who we serve Supplied fabric and yarn to textile industries; historically tied with Kidarnath Kishanchand (JCT division); currently shifting focus to new sectors. |
Key management Mr. P.M. Rao, Chairman and Managing Director; Independent Directors include Mr. Anantharama Sethumani Subramanian and Mrs. Ratnakumari Girija Maganti. |
Our journey and innovations Established 1970, shifted from private to public in 1994, expanded weaving, moved into direct exports, faced restructuring, sold assets in 2023, exploring new business areas. |
Where we operate Primarily India with exports to Sri Lanka, Bangladesh; currently no manufacturing operations. |
Top products or what we offer Textiles including fabric and yarn, industrial fabric/denim yarn; now exploring beverage and mineral water sectors. |
Top brands - |
Raw materials needed Cotton and synthetic fibers for fabric and yarn production. |
Raw materials supplier Not specified; likely local and international fiber suppliers in past. |
Recurring vs cyclical contribution Revenue historically cyclical due to textile industry cycles; currently minimal manufacturing revenue. |
Our industry position Former textile manufacturer transitioning out of operations; currently in turnaround phase. |
Financial highlights FY 2024-25 revenue Rs 11.47 lakh, loss Rs 1.17 crore; prior year profit Rs 9.43 crore on Rs 43 lakh revenue. |
Geographical revenue split - |
Order book - |
Whats driving growth Company sold manufacturing assets; planning entry into brewery, distilleries, and mineral water sectors for new growth. |
Our future plans Expand into food and beverage industries, add new object clauses, reduce paid-up capital, seek turnaround. |
Our green promise - |
Our people and values Currently minimal staff; management focused on turnaround; culture of compliance and governance maintained. |
Key challenges ahead Financial losses, asset liquidation, changing business model, need for new revenue sources, regulatory compliance. |
Interesting facts Transitioned from textile manufacturing to new sectors; promoted corporate governance despite challenges. |
Risks and strategy High financial risk due to accumulated losses; strategy focuses on diversification and capital restructuring. |
