Established in **May 2011**, Sahaj Fashions Limited is an Indian textile manufacturer and trader specializing in **International standard Textile Fabric**, with a primary focus on **cotton and denim fabrics**. The company achieved a significant milestone on **September 7, 2023**, by transitioning to a publicly listed entity on the **NSE Emerge (SME Platform)**. Operating under the brand name **"Sahaj,"** the company has built a reputation for high-integrity quality control and customized order execution. --- ### **Strategic Manufacturing Hub & Logistics Advantage** The company operates a centralized manufacturing model designed for operational stability and rapid distribution. * **Prime Location:** The manufacturing facility is situated at **Village Srinagar, District Ajmer**, strategically positioned on the **Kishangarh-Bhilwara Express Highway (NH 79)**. * **Connectivity:** This location provides a direct logistical link to India’s most vital textile hubs, including **New Delhi, Jaipur, Kanpur, Agra, Ludhiana, and Ahmedabad**. * **Regional Dominance:** While maintaining a national reach, the company holds a strong market presence in **Gujarat, Maharashtra**, and adjoining states. * **Operational Environment:** The plant layout is designed to foster a "homely environment" for employees, which, combined with continuous training, ensures low turnover and high operational consistency. --- ### **Capital Structure & IPO Details** The **September 2023** listing on the **NSE SME-EMERGE Platform** significantly strengthened the company’s capital base to fund future growth. | Metric | Details | | :--- | :--- | | **Listing Date** | **September 7, 2023** | | **Issue Price** | **₹30 per share** (Face Value **₹10** + Premium **₹20**) | | **Fresh Issue Size** | **44,76,000 Equity Shares** | | **Offer for Sale (OFS)** | **1,76,000 Equity Shares** | | **Total IPO Proceeds** | **₹13,42,80,000** | | **Authorized Share Capital** | **₹13.50 Crore** | | **Paid-up Share Capital** | **₹13.17 Crore** (as of March 31, 2024) | | **Total IPO Expenses** | **₹42,16,046** | --- ### **Financial Performance & Earnings Allocation** Sahaj Fashions has demonstrated revenue resilience despite a volatile global macroeconomic environment. While top-line growth continued in the most recent fiscal year, profitability faced pressure from rising input costs. | Metric (₹ in Crore) | FY 2023-24 | FY 2022-23 | | :--- | :--- | :--- | | **Total Income** | **125.18** | **120.86** | | **Profit Before Tax (PBT)** | **1.25** | **3.05** | | **Net Profit (PAT)** | **0.94** | **2.27** | * **Dividend Policy:** For **FY 2023-24**, the Board recommended **no dividend**, opting to retain **100% of Net Profit** within **Reserves and Surplus** to fund internal expansion and **CAPEX** requirements. * **Accounting Standards:** Financials are prepared under **Indian GAAP**. Due to its SME status, the company is currently **exempted from compulsory Ind-AS adoption**. --- ### **The "Sustainable Denim" Roadmap** The company’s forward-looking strategy is centered on scaling production capacity while integrating **advanced manufacturing technologies** to meet the rising global demand for eco-friendly textiles. **Core Strategic Pillars:** * **Capacity Expansion:** Continuous investment in infrastructure to capture a larger share of the burgeoning Indian denim market. * **Sustainability Integration:** Transitioning toward **Sustainable Denim Manufacturing** by implementing **waterless dyeing techniques** and increasing the sourcing of **organic cotton**. * **Market Diversification:** Strengthening the dual-channel approach by expanding both **domestic retail** footprints and **international export** volumes. **Operational Focus Areas:** | Strategic Focus | Key Initiatives | Expected Outcome | | :--- | :--- | :--- | | **Manufacturing** | Adoption of **advanced machinery** | Higher output and reduced waste | | **Environmental** | **Waterless dyeing** & **Organic cotton** | Alignment with global ESG standards | | **Market Reach** | Domestic & International expansion | Enhanced brand visibility and revenue | --- ### **Technological Integration & Risk Mitigation** To combat global **inflation**, **stagnant demand**, and **cost-push pressures**, Sahaj Fashions has pivoted toward automation and high-margin product segments. * **Shift to Value-Added Products:** To insulate margins from commodity price fluctuations, the company is focusing on **Value-Added Customized Yarns**, including: * **Mercerized Yarn** * **Melange Yarn** * **Core Yarn** * **Operational Automation:** The company has implemented specific technological upgrades to drive efficiency: * **Fully automatic contamination removal** at the blow room stage. * **100% ring spindle monitoring systems** for real-time quality tracking. * Installation of **link coners** to streamline production flow. * **Macroeconomic Resilience:** Management is actively addressing the lack of large-volume orders caused by **rising interest rates** and **recessionary fears** by securing **strategic business tie-ups** and acquiring new niche clients. --- ### **Corporate Governance & Oversight** Sahaj Fashions maintains a structured governance framework to ensure transparency and protect stakeholder interests. * **Committee Oversight:** The company operates an **Audit Committee** and a **Nomination and Remuneration Committee** to supervise financial reporting and executive compensation. * **Public Deposits:** The company strictly adheres to Section 73 of the Companies Act, 2013, and does **not accept or renew any deposits** from the public. * **Business Continuity:** There have been **no changes** in the nature of the company's business (Textiles) during the most recent reporting period, ensuring a focused and consistent corporate identity.