What we do Visagar Polytex Ltd is a textile company specializing in manufacturing, wholesaling, and retailing ethnic wear like sarees and lehengas, operating integrated infrastructure in India. |
Founded in 1,983 |
Market share Not explicitly stated; operates in a large Rs. 50,000 Crore saree and lehenga market with integrated capabilities. |
Problem solved Offers comprehensive ethnic wear manufacturing and retail solutions, enhancing access to designer sarees and lehengas across India. |
Top clients or who we serve B2B and B2C focusing on ethnic wear clients including wholesale buyers and retail customers through own and franchise stores. |
Key management Managing Director Mr. Tilokchand Kothari, CFO Mr. Sachin Mehta, Company Secretary Mrs. Neelam Raj. |
Our journey and innovations Founded 1983; expanded manufacturing with new machinery in Surat (2014); launched brand Vividha retail showrooms (2016) and HBO women empowerment scheme. |
Where we operate Primarily India, with manufacturing hubs in Kolkata and Surat, and retail presence in Mumbai and Jaipur. |
Top products or what we offer Designer sarees and lehengas under Vividha brand; ethnic fabric trading; contract manufacturing. |
Top brands Vividha - designer sarees retailer with own and franchise stores, key revenue driver. |
Raw materials needed Fabrics, dyes, embroidery materials for sarees and lehengas. |
Raw materials supplier Not specified in available data. |
Recurring vs cyclical contribution Revenue is largely cyclical, aligned with fashion seasonal cycles and consumer demand. |
Our industry position Established ethnic wear manufacturer and retailer with integrated facilities; financial challenges imply competitive pressures. |
Financial highlights FY 2024-25 Revenue: Nil; Net Loss: Rs. 1.66 crores; EBITDA negative indicating operational challenges. |
Geographical revenue split - |
Order book - |
Whats driving growth Focus on core manufacturing, value addition, training, marketing outreach, and quality improvements. |
Our future plans No specific future plans disclosed; ongoing focus on strengthening manufacturing and retail presence. |
Our green promise - |
Our people and values Emphasis on women empowerment via HBO scheme; values employee dedication and co-operation. |
Key challenges ahead Current negative profitability, zero revenue in recent fiscal, market competition, and need for business revival. |
Interesting facts Established women entrepreneurship support via Home Based Opportunity scheme since 2016. |
Risks and strategy Material risks include financial losses and competition; strategy includes cost control, quality systems, and market expansion. |
