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Swasti Vinayaka Synthetics Ltd. (India)

Main Activities: Textile Mills | Fiber, Yarn, and Thread Mills
Full name: Swasti Vinayaka Synthetics Ltd. Profile Updated: November 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Swasti Vinayaka Synthetics Ltd. (SVSL) is a public limited company located in Thane, Maharashtra. It was incorporated in 1981 and is primarily involved in the manufacturing of suiting, shirting, and apparels. The company operates two plants in Tarapur and Palghar, Maharashtra, equipped with modern weaving facilities and stitching facilities. These plants produce over 4 lakhs of linear meters of fabric per month. SVSL's design studio utilizes the latest CAD technology to create fresh and unique designs for their products. SVSL specializes in manufacturing high-end cotton, cotton-blended, and linen designer shirting. The company directly markets its products to big retail chains, the RMG sector, garment exporters, and corporate houses. Some of their esteemed customers include The Bombay Dyeing & Manufacturing Co. Ltd., Arvind Lifestyle Brands Ltd., Pantaloon Retail (India) Ltd., and Reliance Industries Ltd. In addition to their shirting products, SVSL also supplies salwar kameez and tunics to Trent Ltd., Pantaloon Retail (India) Ltd., and Mahindra Retail Pvt. Ltd. They also design high-end bridal and formal ethnic wear under the brand "Ivy League" for their boutique at The Grand Hyatt Shopping Plaza in Mumbai. SVSL has established itself as a leading brand and is among the top five players in Maharashtra and south India, including states like Tamil Nadu, Andhra Pradesh, Karnataka, and Kerala. The company's sales are facilitated through a national network of agents and dealers who serve around 5000 retailers. Please note that this summary strictly adheres to the provided guidelines and does not include any additional comments or opinions.

Legal Address
J-15, M.I.D.C.,, Tarapur, Boisar,
Thane; Maharashtra; Postal Code: 401506

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Website: http://www.swastivinayaka.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1981
Key Executives
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Chairman
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Director
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Director
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Director
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Director
Ownership Details
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51%
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43.83%
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5.17%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
62.96%
Total operating revenue
61.58%
Operating profit (EBIT)
16.14%
EBITDA
57.07%
Net Profit (Loss) for the Period
26.26%
Operating Profit Margin (ROS)
-3.02%
Net Profit Margin
-1.87%

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