What we do Vera Synthetic Ltd manufactures and markets fishing nets, PP yarns, ropes, and twines under the Sujlon brand, serving the fishing and allied sectors. |
Founded in 2,000 |
Market share One of India's largest manufacturers in rope and fishing net industry with a strong pan-India and global presence. |
Problem solved Provides quality and durable fishing nets and synthetic ropes to support fishing industry needs and allied applications. |
Top clients or who we serve Serves fishermen, traders, and distributors mainly in India across multiple states; B2B with some direct B2C sales. |
Key management Sunil D. Makwana (Chairman & Managing Director), Meera Sunil Makwana (Whole-time Director), Devjibhai P. Makwana (Executive Director). |
Our journey and innovations Incorporated in 2000, went public in 2018; leverages advanced European and Japanese production technologies for FDY and POY products. |
Where we operate India-wide presence including Gujarat, Maharashtra, Kerala, Karnataka, Andhra Pradesh, West Bengal, Delhi, Bihar, Rajasthan, with export markets globally. |
Top products or what we offer Fishing nets, PP yarns, PP/HDPE ropes, PP twines, and Niwar under the flagship Sujlon brand. |
Top brands Sujlon – leading quality brand in ropes and fishing nets across Indian and global markets. |
Raw materials needed Polypropylene (PP) and High-Density Polyethylene (HDPE) polymers for yarn and rope production. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely recurring from established channels including dealers and traders. |
Our industry position Among the largest Indian manufacturers in the rope and fishing net segment; technology edge with European and Japanese machinery. |
Financial highlights FY 2024-25 revenue Rs 42.8 Cr with net profit of Rs 2.03 Cr; steady growth from prior year; prudent cost and risk management. |
Geographical revenue split Primarily domestic Indian market with pan-India sales across major states; some international sales. |
Order book - |
Whats driving growth Demand in fishing sector and allied industries, distribution expansion, modern production technologies. |
Our future plans Focus on capacity expansion financed internally to drive growth while maintaining cost efficiency. |
Our green promise - |
Our people and values Cordial industrial relations; focus on employee development and performance rewards; zero tolerance for workplace harassment. |
Key challenges ahead Managing market risks, government policy changes, and maintaining operational efficiency amid competition. |
Interesting facts Uses state-of-the-art European production technology for FDY and Japanese technology for POY, rare in the Indian industry. |
Risks and strategy Active risk management policy addressing industry, market, policy, liquidity, and operational risks with mitigation plans. |
