Sanathan Textiles Limited is a polyester yarn manufacturer and a global supplier of Cotton Yarn. The company’s business is divided into three separate yarn business verticals, consisting of: (a) Polyester yarn products; (b) Cotton yarn products; and (c) Yarns for technical textiles and industrial uses. These technical textiles are used in various sectors such as automotive, healthcare, construction, sports and outdoor activities, and protective clothing.

As of September 30, 2024, the company had more than 3,200 active varieties of yarn products (i.e., yarn products manufactured by us from April 1, 2021, to September 30, 2024) and more than 45,000 stock-keeping units (SKUs). It also can manufacture a diversified product portfolio of more than 14,000 varieties of yarn products and more than 190,000 SKUs that are used in various forms and for varied end uses. As of June 30, 2024, Fiscal 2024, and Fiscal 2023, Sanathan Textiles Limited exported its products to 14, 27 and 29 countries. As of June 30, 2024, the company had more than 925 distributors in 7 countries, including India, Argentina, Singapore, Germany, Greece, Canada, and Israel.

For the year/period ended (Rs. in Cr.)

For year/ period ended ( in Cr.)

• The Company is one of the few companies(amongst our peer group)in India with presence across the polyester, cotton and technical textile (which find application in multiple end-use segments including automotive, healthcare, construction, sports and outdoor, and protective clothing) sectors.
• Focus on the product development of new products, through process innovation.
• Fully integrated yarn manufacturing plant set up at a strategic location with equipment supplied by domestic and globally renowned players.
• Long standing association with leading consumer brands with a low customer concentration.
• Deep knowledge  and  understanding  of  optimal  product  assortment  and  strong  supplier  network  enabling procurement at predicable and competitive pricing, leading to an overall efficient cycle.
• Healthy financial performance
• Experienced management team with a proven track record

1. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company;
2. Investment in our subsidiary viz. Sanathan Polycot Private Limited, for repayment and/ or pre-payment, in full or part, of certain borrowings availed by our subsidiary viz. Sanathan Polycot Private Limited; and
3. General corporate purposes.

At the upper band of IPO price, the stock is valued at 17.25 times P/E multiple, which looks fairly valued. Investors may subscribe for medium to long term.