A leading textile manufacturer with over 25 years of industry expertise, announces a major Capacity Expansion upto 1500 crores.
The proposed capacity addition is approx. 2,00,000 spindles. This capacity expansion is likely to be completed within 3 years. The existing capacity is 50,832 spindles. This expansion will be across India, including but not limited to the states of Madhya Pradesh and Maharashtra. It will be a integrated green textile manufacturing facility. This includes the acquisition of or taking on lease land from Government or other authorities, establishment of manufacturing plants, warehousing facilities, logistics units, and all related infrastructure required for operations in spinning, ginning, yarn manufacturing, processing, and utilization of by-products.
The Co. may make the necessary investments, acquire or take on lease assets, develop facilities, and enter into relevant contracts, partnerships, or collaborations to implement the expansion. The expansion aims to meet growing market demand, increase customer reach, and enhance competitiveness. It supports our long-term growth strategy through operational scaling, and improved profitability. This expansion will be funded through various channels including bank finance, internal sources, government incentives etc. The Company has already filed disclosure to NSE, as required under the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is annexed herewith as Annexure A.
Commenting on this achievement Mr. Deepak Garg, Managing Director of the A B Cotspin India said, “We are delighted to announce this 2,00,000 spindles capacity expansion plans with an investment upto 1500 crores, which underscores the growing demand for our high-quality cotton yarn and eco-friendly textile solutions. This strategic expansion aligns with the Hon’ble Prime Minister’s “Five Fs” framework for the textile sector- Farm to Fiber, Fiber to Factory, Factory to Fashion, and Fashion to Foreign. By enhancing production capabilities, A B Cotspin reaffirms its commitment to quality, sustainability, and global competitiveness. This expansion not only strengthens our position in domestic and international markets but also significantly contributes to increasing our sales and profitability.
At the core of our operations is a steadfast commitment to sustainability and innovation-whether through advanced recycling practices, renewable energy utilization, or resource optimization. As we expand our product range and enhance operational efficiencies, we remain focused on driving long-term growth while making a positive impact on the environment and the textile industry. We are proud to reaffirm our position as a leader in sustainable manufacturing. We have strengthened our financial foundation, while our investments Solar Power demonstrates our dedication to a greener future. As we continue to execute on our strategic priorities, we remain confident in our ability to deliver sustainable growth and long-term value for our shareholders.
At A B Cotspin we are Crafting Excellence, Thread by Thread, with a strong commitment to honesty and quality.” For 12M FY25, there was a significant increase in revenue of 17.10% year-over-year, reaching ₹300.91 crores. EBITDA surged by an impressive 18.90%, with margins expanding by 17 basis points to 10.92%, reflecting Co.’s continued focus on operational efficiency. Net profit also showed strong growth, rising by 52.27% to 10.21 crores. A B Cotspin proudly listed on NSE-Emerge on January 11, 2022, is elated to mark the successful completion of three remarkable years and is now eligible for migrating to main board.