Square Textiles

What Square Textiles does

Square Textiles PLC. is a Bangladesh-based, publicly listed vertically integrated textile manufacturer operating under the Square Group conglomerate. Founded in 1997, the company runs three spinning units in Gazipur with combined daily capacity above 60,000 kgs, producing ring-spun and rotor-spun cotton, blended, and specialty yarns across a count range of Ne. 6 to Ne. 80. Its product portfolio includes PIMA-certified, organic, bamboo, modal, viscose, slub compact, core-spun, and melange yarns, complemented downstream by Square Denims (denim fabric) and sister concern Square Fashions Ltd. (knit garment manufacturing), enabling a yarn-to-garment value chain under one corporate umbrella.

The technical stack relies on machinery from leading international suppliers: blow room, carding, drawing and combing from Rieter (Switzerland); simplex/ring frames from Toyoda (Japan); auto-cone winding and auto-coro from Schlafhorst (Germany); quality control instrumentation from Uster Technologies (Switzerland); humidification from Luwa (Switzerland); and air cooling/chillers from McQuay (USA). Compliance certifications include ISO 9001:2015, ISO 14001:2015, OEKO-TEX Standard 100, SA-8000, and WRAP, supporting access to Western apparel-buyer audit regimes.

Square Textiles generates revenue by manufacturing and selling yarn, denim fabric, and (via Square Fashions Ltd.) finished knit garments on a B2B basis to global knit apparel manufacturers, woven and denim fabric producers, and intra-group RMG entities. Distribution is direct sales with no disclosed public pricing; investor relations, annual reports, and price-sensitive disclosures are the primary external-facing materials. The company is headquartered at Square Center in Dhaka's Mohakhali district and listed on the Bangladesh stock exchange.

Name

Square Textiles

Legal name

Square Textiles PLC.

Website

https://textile.squaregroup.com

Company type

Public

Founded year

1997

Operating status

Operating

Short description

Square Textiles PLC. is a Bangladesh-based, publicly listed vertically integrated textile manufacturer producing cotton, blended, and specialty yarns (PIMA, organic, bamboo, modal, viscose, melange), denim fabric, and knit garments for global apparel buyers under the Square Group conglomerate.

Ownership category

akta.pro rank

Product category

Textile Manufacturing

NAICS

Fiber, Yarn, and Thread Mills (313110), Textile Mills (313), Textile Furnishings Mills (3141)

SIC

Textile Mill Products (2200), Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300)

akta.pro primary industry

Textiles, Fabrics, Trims & Components Suppliers (CRAAAAAL)

akta.pro secondary industries

Textiles & Fabric / Piece Goods Wholesale (CRAOADAH), Technical Fabric Mills (Performance/Protective/Medical Substrates) (IMAOABAH)

Keywords

• Yarn manufacturing
• Denim fabric production
• Textile spinning
• Ready-made garments
• Cotton yarn

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Textile Products Manufacturing and Sales: Square Textiles generates revenue through manufacturing and selling a diverse range of textile products including cotton yarn (carded, combed, compact, Pima, organic), specialty yarns (slub, bamboo, core, melange), blended yarns (modal, viscose, PC, CVC), denim fabrics, and fashion garments. The company operates as a B2B supplier to global RMG manufacturers and exporters.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Square Textiles PLC manufactures cotton yarn, specialty yarns, denim fabrics, and finished garments through three spinning units in Bangladesh. It operates as a vertically integrated textile producer supplying ring-spun and rotor-spun yarns (Ne. 6 to Ne. 80) to global knit apparel manufacturers, woven fabric producers, and denim manufacturers. The company is part of Square Group and functions as a B2B supplier for the international ready-made garment (RMG) industry.

Product overview

Square Textiles PLC is a vertically integrated textile manufacturer established in 1997 under the Square Group of Companies in Bangladesh. The company operates three spinning units with a combined capacity of approximately 60,000 spindles and 768 rotors, producing ring-spun and rotor-spun yarns including cotton, blended, specialty, and organic varieties in counts ranging from Ne. 6 to Ne. 80. The product portfolio includes Ring Line Yarns (cotton, compact, Pima, organic, slub, core spun, bamboo, modal, viscose, T-400, and melange) and Rotor Line Yarns (auto coro, open end, and blended viscose). The company also operates Square Denims for denim fabric production and Square Fashions Ltd. (SFL) for integrated garment manufacturing, collectively forming a vertically integrated textile operation from yarn production to finished garments.

Differentiator

Problem solved

Functional benefit

Products and services

• Ring Line Yarns Comprehensive range of ring-spun yarns including 100% Cotton (Combed/Carded), Compact, Pima, Organic, Slub, Core Spun, Bamboo, Modal, Viscose, T-400, and Melange yarns in counts from Ne. 10 to Ne. 80, serving woven and knit garment manufacturers.
• Rotor Line Yarns Rotor-spun yarn production including Auto Coro, Viscose, Viscose/Cotton blends, and Open End yarns in counts from Ne. 06 to Ne. 40, primarily serving the woven and denim fabric markets.
• Square Denims Denim fabric production sub-brand equipped with cutting-edge machinery to produce a wide range of denim fabrics for apparel manufacturers.
• Square Fashions Ltd. (SFL) Integrated garment manufacturing facility with vertically integrated infrastructure, combining modern technology with skilled professionals for knit apparel production and serving as a one-stop destination for international RMG buyers.

Quantifiable outcome

• Daily production capacity of over 60,000 kgs of yarn across spinning and rotor lines
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Square Group (Sister Concerns)coreOthersSquare Textiles operates as part of Square Group, one of Bangladesh's largest conglomerates. Sister concerns include Square Pharmaceuticals Ltd. (largest pharmaceutical company in Bangladesh), Square Hospitals Ltd. (300-bed tertiary care hospital), Square Toiletries Ltd. (16 personal care brands), Square Fashions Ltd. (RMG manufacturing), Square InformatiX Ltd. (ICT/internet services), Mediacom Ltd. (advertising), Maasranga Communications Ltd. (media production), Square Food and Beverage Ltd., Sabazpur Tea Company Ltd., Aegis Services Limited, and Square Formulations Ltd.

Scale indicators4 records

Recent moves9 records

Expansion highlights4 records

Broad incumbents

• Trident Group: Indian textile conglomerate producing yarn, terry towels, bed linen, and paper. Comparable integrated yarn-to-finished-goods model with global B2B apparel/home textile customers.
• Vardhman Textiles: One of India's largest vertically integrated textile manufacturers producing cotton yarn, fabrics, and garments. Comparable scale, vertical integration model, and global apparel buyer relationships.

Direct peers

• DBL Group: One of Bangladesh's largest vertically integrated textile and RMG conglomerates producing yarn, denim, and garments. Direct competitor to Square Textiles in spinning capacity and global knit apparel supply.
• Epyllion Group: Bangladeshi vertically integrated knit, woven, and denim manufacturer. Comparable mid-to-large scale yarn and fabric producer targeting global apparel brands.
• Fakir Knitting: Bangladesh-based knitting and yarn manufacturer with integrated garment facilities. Comparable product mix in cotton yarn, knit fabric, and RMG.
• Envoy Textiles: Bangladesh-based vertically integrated denim and woven fabric manufacturer with significant spinning capacity. Directly comparable to Square Textiles' denim yarn and fabric operations.
• Noman Group: Leading Bangladeshi textile conglomerate with spinning, weaving, and garment operations. Comparable yarn/denim product portfolio serving the same global RMG buyers.
• Beximco Textiles: Part of Beximco Group, one of Bangladesh's largest textile exporters producing yarn, woven fabrics, and denim. Competes with Square Textiles for global apparel buyers.
• Pacific Jeans (Pacific Group): Bangladesh denim and knit garment manufacturer with backward integration into yarn production. Comparable scale and customer base in the global apparel supply chain.

Regional players

• NR Group: Bangladesh-based textile group with spinning, knitting, dyeing, and garment operations. Comparable yarn-to-garment vertical integration and export customer mix.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/square-textiles-ltd-

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Square Textiles