### **Overview** RSWM Limited, founded in 1960 and headquartered in Noida, is the flagship company of the LNJ Bhilwara Group—a diversified $967 million conglomerate with interests in textiles, graphite electrodes, power, IT services, and energy storage. With over six decades of experience, RSWM has emerged as one of **India’s largest manufacturers and exporters** of synthetic, cotton, blended, mélange yarns, denim, knitted fabrics, and green polyester fibers. The company operates 12 advanced manufacturing plants across Rajasthan and Uttar Pradesh, exporting to **more than 70 countries** and holding the prestigious **Golden Trading House status** for its export excellence. Under the leadership of Chairman, Managing Director, and CEO **Mr. Riju Jhunjhunwala**, RSWM continues to strengthen its position as a full-service textile solutions provider, with a balanced portfolio across yarns, denim, and knitted fabrics. --- ### **Core Business Verticals** #### **1. Synthetic Yarn Division (Growth Engine)** - **Contribution:** Over **45% of total revenue**. - **Legacy:** A cornerstone of RSWM for over 60 years and one of India’s earliest synthetic yarn producers. - **Applications:** Serves fashion, performance, and industrial markets globally. - **Strengths:** Leadership driven by **innovation, technical expertise, and consistent quality**. - **Facilities:** Utilizes advanced spinning technology in Bhilwara, Lodha, and Kharigram. #### **2. Cotton Yarn Division** - **Capacity:** - 135,456 spindles - 1,720 rotors - Production: ~116 tons/day (as of Mar 31, 2025) - **Brands & Differentiation:** - **Kapaas:** Premium combed compact cotton yarn launched in 2023. Offers 8% moisture absorbency, light touch, and eco-conscious production. - Recognized for superior texture and quality in high-end apparel and home textiles. - **Markets:** Supplies leading domestic and international weaving customers. - **Recent Development:** Expanded cotton presence through the **₹142 crore acquisition in Chhata, Mathura (FY24)**, significantly boosting scale and vertical integration. #### **3. Mélange Yarn Division (Premium Segment)** - **Branded Offering:** **Melantra** – a market leader in value-added mélange yarns. - **Facilities:** Manufactured at specialized units in **Mandpam, Kanyakheri, and Kharigram (Rajasthan)**. - **Process:** Color-blended fiber spinning creates rich textures and multi-tonal effects. - **Applications:** Widely used in undergarments, suits, casual wear, and home furnishings; preferred by **fashion designers and global brands**. - **Revenue Contribution:** ~22% of yarn vertical revenue. - **Sustainability:** Offers blends with organic cotton, recycled polyester, hemp, linen, and **Lenzing Modal (e.g., Azure Sea Range)**. #### **4. LNJ Denim (Established 2007)** - **Annual Capacity:** 34.2 million meters (increased from 25 million in earlier years). - **Variants:** Over **3,000 denim styles**, including specialty finishes (laser-friendly, reactive coating, salt-free dyeing). - **Global Clients:** Supplies **H&M, Zara, Levi’s, Wrangler, Tommy Hilfiger, JCPenney**, and other top brands. - **Innovation:** - Sustainable denim with **Tencel, hemp, ECOMODA spandex, ocean-recycled polyester**. - Zero-cotton, 360-degree stretch denim using **Reliance’s ALL CLIMA**. - "Clean Core" indigo dyeing reduces water and energy use. - **Positioning:** Among the **top 10 global denim suppliers**, with a focus on quality, durability, and environmental performance. #### **5. LNJ Knits / Knitted Fabric Division (Growth Driver)** - **Entry:** Launched in 2023 with ₹80 crore investment; a strategic move into the **$206 billion global knits market** (India holds ~4% share). - **Current Capacity:** - **9,360 MT per annum**, expanded through acquisition of Ginni Filament’s Chhata unit (4,200 MT) and operations in Mordi (Banswara). - **Monthly output: ~750–900 MT** (target 900 MT post-expansion). - **Product Range:** - Single Jersey, Interlock, Rib, Fleece, Terry, Pique, Honeycomb, Waffle. - High-stretch fabrics with **up to 25% spandex**. - **Applications:** Kidswear, women’s wear, loungewear, activewear, and athleisure. - **Machinery:** Equipped with **Pailung, Fukuhara, Terrot, Unitex, and Kauo Heng**. - **Recent Investment:** - **European dyeing & knitting machinery** to modernize Mordi and Chhata units. - **20% increase** in knitting capacity + new **printed knits line** to serve 30–35% of fashion knits market. - **Strategic Goal:** Serve high-growth value-added segments through **agility, innovation, and vertical integration**. --- ### **Production Capacity (Current as of Nov 2025)** - **Spindles:** 627,000 - **Rotors:** 1,720 - **Looms:** 172 - **Knitting Machines:** 95 (27 polyester, 48 cotton/blend, 20 flat) - **Denim Fabric:** 32.4 million meters/year - **Knitted Fabric:** 9,360+ MT/year - **Yarn Production:** - Melange: 24,000 MT/year - Synthetic: 110,973 MT/year - Cotton: 32,262 MT/year - **Green Fibre (Recycled Polyester):** 43,000 MT/year - **PET Bottle Recycling:** 130 MT/day at Ringas unit --- ### **Financial & Market Performance (FY25 Highlights)** - **Revenue Streams:** - Domestic: **₹330,727.49 lakh** (~68%) - Export: **Over 50% of total revenue**, with strong presence in: - Africa, Southeast & Far East Asia (₹112,945.00 L) - Europe (₹28,739.37 L) - Middle East, Americas - **Diversified Customer Base:** - No single customer accounts for **>10% revenue**, reducing concentration risk. - **Exports:** Products sold in **70+ countries**, including major fashion hubs like the **USA, UK, Europe, and ASEAN**. - **Export Focus:** Aligned with value-added segments (mélange, dyed, specialty yarns, denim, knits). --- ### **Strategic Initiatives & Future Outlook (FY25–26)** #### **1. Expansion & Modernization** - **Knitting Capacity:** - Modernizing Mordi and Chhata units with European machinery. - Increasing capacity from 750 MT to **900 MT/month (20% up)** within 6–9 months. - Launching **printed knits** to expand product portfolio. - **Yarn Division:** - **₹410 crore capex** in FY24 for spinning, denim, and knits. - Expansion of **compact cotton and mélange yarn capacities** at Lodha and HJ-21 (Kharigram). - **Acquisitions:** - **Ginni Filaments Ltd. acquisition** added 80,016 spindles, 720 rotors, and 4,200 MT fabric capacity. - Includes **5.4 MW solar power**, reinforcing green energy goals. #### **2. Innovation & Sustainability** - **Graphene-Enhanced Textiles (Joint Development):** - Partnership with **Birla Cellulose and TACC Limited** to create **graphene-infused viscose fibers** for smart, durable, and sustainable textiles. - **Sustainable Materials:** - **Recycled polyester (NUCYCL®)** reduces CO₂ by 25,000 tons/year. - **CICLO® biodegradable fibers**, BCI cotton, Ecovero, hemp, linen. - **Green Initiatives:** - Transitioning from **coal to biofuel-fired boilers** to reduce carbon footprint. - **Solar Power:** Multiple plants (3.3 MW at Mandpam, 18.7 MW overall) and 5.4 MW via acquisition. #### **3. Market Opportunities** - **India-UK Free Trade Agreement (FTA):** - Positioned to benefit from potential increase in India’s share of the **$24B UK apparel market** from 6% to **15–20%**. - RSWM’s denim and knits align with in-demand categories (trousers, shirts, t-shirts, dresses). - **China+1 Sourcing Shift:** International buyers are diversifying away from China and Xinjiang cotton; India is a key beneficiary. - **Athleisure Focus:** Entry into **spandex-based athleisure** via new product development and capacity expansion. #### **4. Digital & Operational Excellence** - **AI & Machine Learning:** Adopting Industry 4.0 tools for **demand forecasting, procurement efficiency, and waste reduction**. - **Cost Optimization:** Programs like ‘Kifayat’ and ‘Kaizen’ focus on **productivity, waste recycling, and energy efficiency**. - **Vertical Integration:** Using in-house yarns for denim and knits, enhancing profitability and reducing costs. --- ### **Sustainability & ESG** - **Circular Economy:** PET bottle recycling into high-quality green fiber. - **Water & Energy:** - Dope-dyed and laser-friendly processes reduce water and chemical use. - Captive solar power and regular energy audits cut power costs. - **Eco-Certifications:** Compliant with GOTS, Oeko-Tex, SA8000, ISO 50001, and Fair Trade standards. - **Social Responsibility:** Skilled workforce, environmental stewardship, and community development initiatives.