#### **Overview & Positioning** Vardhman Textiles Ltd is India’s largest vertically integrated textile manufacturer and a flagship entity of the Vardhman Group, headquartered in Ludhiana, Punjab. With over five decades of industry experience and an annual turnover exceeding one billion dollars, the company has established itself as a market leader in both domestic and international markets. It operates across three core segments—**Yarn, Fabrics, and Garments**—with a fully integrated value chain from fibre to finished product, enabling scale, agility, and end-to-end control over quality and sustainability. --- #### **Operational Scale & Manufacturing Capabilities** - **Spinning Capacity:** Over **1.25 million spindles** (the highest in India), supporting a daily yarn production capacity of ~750 metric tons. In FY25, yarn production stood at **267,552 metric tons**, generating revenue of **₹5,954 crore**. - **Weaving & Fabric Production:** - **1,550 looms** with an annual grey fabric weaving capacity of **220 million meters**. - **Processed fabric capacity of 180 million meters per annum**, utilizing advanced European and Japanese technologies. - Products include piece-dyed, yarn-dyed, printed, and specialty performance fabrics (e.g., stain-resistant, UV-protected, quick-dry). - **Garments Division (Vardhman Apparels):** - Currently produces **2.2 million shirts annually** (≈6,000 per day), with expansion underway to **10,000 shirts/day by 2026**. - Supplies premium formal and casual shirts to leading global and Indian brands. - Revenue from garments reached **₹126 crore in FY25**. The company operates **15 manufacturing facilities** across Punjab, Himachal Pradesh, Madhya Pradesh, Gujarat, and Tamil Nadu, with key units in Ludhiana, Baddi, Mandideep, and Jhagadia (fibre unit). Its state-of-the-art infrastructure supports a broad product portfolio and ensures operational resilience. --- #### **Strategic Expansion & Diversification (2024–2025)** Vardhman is undergoing a transformational shift to increase profitability and market share through strategic investments and diversification: 1. **Entry into Synthetic Filament-Based Fabrics:** - Launched a new business segment focused on **100% synthetic filament fabrics**, targeting **outerwear and sportswear**. - Initial sourcing will involve imports from **Taiwan, China, Korea, and Japan** due to 10–15% lower polyester costs globally vs. domestic prices. - Expected to enter **technical textiles** for defense, industrial, and activewear applications. 2. **Modernization & Capacity Expansion:** - **₹2,000 crore CAPEX program** focused on debottlenecking, shop-floor strengthening, quality improvement, and utility optimization. - Fabric processing expansion with new lines to meet rising demand for dyed and processed fabrics. - Modernization of spinning units, including **addition of 14,000 new spindles** for melange yarn and adoption of **Autocoro ACO9, USTER monitoring systems**, and contamination control. 3. **Sustainability & Circular Economy:** - Opened **ReNova**, its mechanical cotton recycling plant, with initial capacity of **6 tons/day (TPD)** in July 2025. - Plans to **double recycling capacity** with a second line to meet growing global demand for sustainable fibres. - Investment in **green energy** to raise renewable power consumption from 2–3% to **25–30% within 1.5 years** via solar and wind parks (**₹350–400 crore allocated**). 4. **Product Innovation & Design Capabilities:** - In-house design team from premier institutes develops seasonal collections using **global trend analysis, CAD simulations, and textile fair insights**. - Nearly **one-third of new fabrics** are based on original design concepts. - Offers branded finishes like **Velegante, Worry Free, P4 Finish, UV Protection, and Anti-Microbial**. --- #### **Market Focus & Client Base** - Serves **60+ countries**, including key markets in the **EU, USA, Japan, South America, Middle East, and Australia**. - Supplies to global retailers and brands including **Zara, Land’s End, and Ben Sherman**. - Offers **end-to-end solutions** for tops and bottoms in the global apparel market. - Strong focus on **direct brand partnerships**, particularly with international brands entering India, positioning itself as a reliable, high-quality supplier with short lead times. --- #### **Financial Performance (FY25 Highlights)** | Segment | Revenue from Operations | |---------------|--------------------------| | **Yarn** | ₹5,954 crore | | **Fabrics** | ₹3,319 crore | | **Garments** | ₹126 crore | | **Total** | **~₹9,399 crore** | - Fabric revenue grew from ₹3,123 crore (FY24), indicating strong recovery and expansion momentum. - Yarn remains the largest revenue contributor, maintaining stable sales despite global volatility. --- #### **Technological Edge & Quality Assurance** - **Industry 4.0 Integration:** - Real-time monitoring, digital raw material management, and automated quality systems. - 95% of ring frames equipped with auto-doffing; USTER Quantum-3 at all winding points. - **Eco-Friendly Processing:** - Enzymatic desizing, bio-scouring, 90% caustic recovery, and eco-washers to reduce water and chemical use. - **Traceability:** Full farm-to-finish traceability for BCI Cotton and sustainable fibres. - **Compliance & Certifications:** WCA, SEDEX, and Green Channel Certification from global brands. --- #### **Recent Developments (Jul–Oct 2025)** - ReNova recycling plant (6 TPD) now fully operational; second line planned. - Fabric expansion project moving into revenue-generating phase from Q3 FY26. - Synthetic yarn and technical textile projects on track; early customer interest from existing clients. - Maintained stable yarn and fabric sales despite weak U.S. demand, supported by diversified global portfolio. ---