Shreedhar Spinners Ltd
Our Company is primarily engaged into manufacturing of compact spun cotton yarn of various counts ranging from Ne 12s to Ne 32 at our manufacturing facility located at manufacturing units located at Plot No. T-15, additional Amravati industrial area textile park, Tuljapur, Amravati - 444901, Maharashtra, India for a period of 95 years leased from MIDC spread across 1,20,000 sq. mt. and has a production capacity of 5500 MT of cotton yarn, with 18240 spindles as on September 30, 2025. Our Manufacturing Facility operates 24 hours per day to maximize output and ensure uninterrupted operations and usually operates for approximately 360 days a year. We believe that, our manufacturing facility is equipped with modern state-of-the-art spinning technology and processing techniques which enable to ensure production of quality yarn. Our raw material; raw cotton bales are utilized for production of cotton yarns. These yarns are suitable for both knitting and weaving applications and catering to a wide spectrum of end-use segments and products including but not limited to Apparel, Denim, Terry towels, Shirting, Bed linen, Sweaters, Socks, Furnishing Fabrics and Industrial fabrics. We operate exclusively in the business-to-business (B2B) segment, supplying our products to buyers such as textile manufacturers, yarn exporters, traders and fabric processors (collectively "Customers").
Timeline
Subscription
Reports
Offer Details
Terms
Application Sizes
Managers & Registrar
Ownership & Proceeds
Shareholding
Objects of the Issue
- Funding incremental working capital requirements of the Company
- Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra
- General corporate purposes
Anchor Book
Financials
Profit & Loss
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| RevenueCr | 20 | 126 | 134 | 146 |
| Operating ProfitCr | 2 | 14 | 13 | 18 |
| OPM% | 7.6 | 10.7 | 9.8 | 12.2 |
| PBTCr | -2 | 4 | 4 | 7 |
| PATCr | -1 | 3 | 3 | 6 |
| EPS | - | 2 | 2 | 4 |
Balance Sheet
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Equity CapitalCr | - | 15 | 15 | 16 |
| ReservesCr | - | 2 | 5 | 14 |
| BorrowingsCr | - | 62 | 65 | 116 |
| Total AssetsCr | - | 92 | 102 | 172 |
Cash Flow
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Operating Cash FlowCr | -11 | 9 | 10 | 8 |
| Investing Cash FlowCr | -44 | -1 | -8 | -55 |
| Financing Cash FlowCr | 54 | -7 | -2 | 47 |
| Net Cash FlowCr | 0 | 0 | 0 | 0 |
Strengths & Risks
- Long term and expanding customer relationship across textile industry.
- Fully integrated cotton spinning infrastructure with modern technologies to support the company product portfolio.
- Experienced management team.
- Location advantage of the manufacturing facility.
- Cost effective production and timely fulfilment of orders
- Expansion of Manufacturing Facility & Expansion of existing capacity.
- Entering into new geographies.
- Maintaining strong relationship with our suppliers and customers.
- Operational Efficiency and Manufacturing Excellence.
- Some of the Equity Shares held by the Promoter, Shreedhar Cotsyn Private Limited, has been pledged with the SBICAP Trustee Company Limited.
- The company financing agreements contain covenants that limit its flexibility in operating the company business and has a significant debt-equity ratio. Its inability to meet the company obligations, including financial and other covenants under the company debt financing arrangements could adversely affect its business, results of operations and financial condition. Additionally, the company Promoters has given personal guarantees in relation to certain financing arrangements provided to the Company by the lenders which may not continue after the completion of the Offer.
- The company has in the past entered into related party transactions and may continue to does so in the future.
- The company business is dependent on its operating facility in Amravati. The loss or shutdown of the company facilities could has a material adverse effect on its business, financial condition and results of operations.
- The company generate a substantial portion of revenue from Maharashtra. Any adverse developments affecting its operations in the Maharashtra could has an adverse impact on the company revenue and results of operations.
- The company generally does business with its customers on purchase order basis and does not enter into long term contracts with them. The company inability to maintain relationships with its customers could has an adverse effect on its business, prospects, results of operations and financial condition.