SBC Exports

What SBC Exports does

SBC Exports Limited is a publicly listed Indian conglomerate (BSE/NSE ticker; headquartered in Mirzapur, Uttar Pradesh) operating across four distinct business segments: Garments, Carpets, Travel, and IT Services. The company manufactures and exports hosiery garments including T-shirts, denims, sweat shirts, trousers, jackets and leggings under owned brands SBC DESIGN+, F-ROUTE, IEDEE, FEMAS FASHIONS, FEMAS LINGERIE'S, and FEMAS JEANS, leveraging in-house textile processing, computerized embroidery, digital printing, CAD design and modern stitching units across its Mirzapur and Sahibabad (Ghaziabad) plants. The carpet business — its original 1991 founding activity — produces handmade wool and silk carpets, while a wholly-owned subsidiary, Mauji Trip Limited (incorporated FY2021-22, planned for an FY2025-26 IPO), operates the Maujitrip.com travel platform offering tours, hotel bookings and ticketing across India. The IT Services segment, started in 2016-17, provides e-governance, web/software development, scanning and digitization, and system integration to government and institutional clients.

Revenue is generated through a mix of B2B export orders (notably to Dubai-based buyers such as HUXXE Readymade Garments Trading LLC), e-commerce distribution via Amazon India and brand websites, and government/institutional work orders (IIT Jodhpur, MDI Gurgaon, NICSI, ICSI, MEITy). FY25 consolidated revenue reached Rs 300.04 crore (+43.28% YoY) with net profit of Rs 13.36 crore (+41.52%), and momentum continued into FY26 with Q4 FY26 revenue of Rs 141.60 crore (+47%) and net profit of Rs 8.22 crore (+105%). An order book of approximately Rs 300 crore provides near-term visibility, though the diversified horizontal structure spans commodity apparel, traditional carpets, low-margin travel, and project-based IT services with limited cross-segment synergies. The company is family-controlled (Gupta family), led by Managing Director Govindji Gupta and Whole-time Director Deepika Gupta, with Mukesh Bhatt as CFO, and is listed on BSE and NSE with shares tradable in demat form.

Name

SBC Exports

Legal name

SBC Exports Limited

Website

https://sbcexportslimited.com

Company type

Public

Founded year

2011

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

SBC Exports Limited is a publicly listed Indian conglomerate manufacturing and exporting branded hosiery garments (SBC DESIGN+, F-ROUTE, FEMAS, IEDEE), handmade carpets, and IT/travel services, selling to B2B export buyers, Amazon India, and government clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Mirzapur

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Garment Manufacturing and Exports: Manufacturing and export of hosiery garments including T-shirts, denims, sweat shirts, trousers, jackets and leggings under brands SBC DESIGN+, F-ROUTE, IEDEE, FEMAS FASHIONS, FEMAS LINGERIE'S, FEMAS JEANS. Revenue grew 43.28% to Rs 300.04 crore in FY25.
2. Handmade Carpets and Home Furnishings: Trading of handmade carpets, cushion covers, cotton quilts and bedspreads from Mirzapur operations established 30 years ago
3. IT Services: IT solutions, E-governance services, web/software developments, scanning & digitization, system integration services started in 2016-17
4. Travel and Tourism (Mauji Trip): Tour and travel booking services through Maujitrip.com including adventure, cultural, religious, hill station and wildlife tours, hotel bookings, ticket reservations and transport facilities. Mauji Trip Limited is a wholly owned subsidiary incorporated in 2021-22 with plans for IPO in FY2025-26.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

SBC Exports Limited manufactures and exports hosiery garments (T-shirts, denims, sweat shirts, trousers, jackets and leggings) under owned apparel brands including SBC DESIGN+, F-ROUTE, IEDEE, FEMAS FASHIONS, FEMAS LINGERIE'S and FEMAS JEANS, with manufacturing units in Mirzapur and Sahibabad (Ghaziabad). In addition, it trades handmade carpets (wool and silk) from Mirzapur, delivers IT services (e-governance, web/software development, scanning and digitization, system integration) to government and institutional clients, and operates tour and travel booking via its wholly-owned subsidiary Mauji Trip Limited (Maujitrip.com).

Product overview

SBC Exports Limited is a diversified Indian conglomerate operating across four distinct business segments: Garments, Carpets, Travels, and IT Services. The Garments segment manufactures and exports apparel including T-Shirts, Denims, Sweat Shirts, Trousers, Jackets and Leggings under owned brands such as SBC DESIGN+, F-ROUTE, IEDEE, FEMAS FASHIONS, FEMAS LINGERIE'S, and FEMAS JEANS, with manufacturing units in Mirzapur and Sahibabad, Ghaziabad. The Carpets segment is the company's founding business, established in 1991, producing handmade carpets in wool and silk from Mirzapur. The Travels segment operates through Maujitrip.com as a growing player in the Indian travel industry, offering tour booking, hotel reservations, and travel planning services across India. The IT Services segment provides technology solutions including web/software development, e-governance services, scanning & digitization, and system integration. The company operates state-of-the-art Textile Processing Units with in-house computerized embroidery machines, digital printing, CAD machines, and modern stitching units.

Differentiator

Problem solved

Functional benefit

Brands

• SBC DESIGN+: Apparel brand for Ladies, Men's and Kid's clothing including T-Shirts, Denims, Sweat Shirts, Trousers, and Jackets and Leggings
• F-ROUTE
• IEDEE
• FEMAS FASHIONS
• FEMAS LINGERIE'S
• FEMAS JEANS
• Maujitrip.Com

Products and services

• Garment Exports (Hosiery Garments) Manufactures and exports wearing apparel including T-Shirts, Denims, Sweat Shirts, Trousers, Jackets and Leggings for Ladies, Men's and Kids. Operates manufacturing units at Mirzapur and Sahibabad Industrial Area, Ghaziabad, with in-house computerized embroidery, digital printing, CAD machines and modern stitching units. Revenue grew 43.28% to Rs 300.04 crore in FY25.
• Handmade Carpets and Home Furnishings One of the leading manufacturers of handmade Carpets in wool and silk, originating from the company's founding business line established in 1991 in Mirzapur. Also trades cushion covers, cotton quilts and bedspreads.
• Maujitrip.com Travel and Tourism Services Tour and travel booking engine operating through wholly-owned subsidiary Mauji Trip Limited. Organizes Adventure, Cultural, Religious, Hill station and wildlife tours across India with 24x7 services including travel planning, itinerary design, hotel bookings, ticket reservations, transport facilities and customized holiday packages via Maujitrip.com.
• IT Services (Web/SBCel) IT services including IT Solutions, E-Governance Services, Web/Software Developments, Scanning & Digitization and System Integration for professionals and institutions across all levels. Operational website: sbcel.in.
• SBC DESIGN+ Apparel Brand One of SBC Exports' owned garment brands for apparel products covering ladies, men's and kids clothing.
• F-ROUTE Apparel Brand Owned garment brand launched by SBC Exports for fashion clothing, with presence on its own website frouteclothing.com.
• IEDEE Apparel Brand Owned apparel brand of SBC Exports for ladies, men's and kids clothing.
• FEMAS FASHIONS Apparel Brand Owned fashion apparel brand of SBC Exports covering ladies, men's and kids clothing.
• FEMAS LINGERIE'S Intimate Wear Brand Owned brand of SBC Exports specializing in lingerie and intimate wear products.
• FEMAS JEANS Denim Brand Owned denim and jeans brand of SBC Exports under the FEMAS label.

Quantifiable outcome

• Revenue grew 43.28% to Rs 300.04 crore in FY25
• +4 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Amazon IndiacoreChannel Partner/ Reseller/ Distributor · 23 May 2025SBC Exports entered into a partnership with Amazon India for apparel sales. The company is also in discussions with other online retail platforms for expanding distribution.
• Punjab KingsminorGTM or Marketing PartnerSponsorship agreement with Punjab Kings cricket team for brand marketing and visibility enhancement.
• HUXXE Readymade Garments Trading LLCcoreChannel Partner/ Reseller/ DistributorDubai-based readymade garments company awarded Rs 18 crore export order to SBC Exports. The order is scheduled for completion within a year and is non-related party.
• IIT JodhpurminorOthersWork order awarded by IIT Jodhpur for various services including potential IT support or garment supplies.
• MDI GurgaonminorOthersManagement Development Institute Gurgaon awarded work order to SBC Exports.
• NICSIminorOthersNational Informatics Centre Services Inc. awarded work order for IT services.
• ICSIminorOthersInstitute of Company Secretaries of India awarded work order for services.
• MEITyminorOthersMinistry of Electronics and Information Technology awarded work order for technology services.
• MPMMC (BHU)minorOthersMahatma Prakritik Madhumeha Mission Chetna (BHU) extended existing order received by SBC Exports.
• Gawgee Brothers LLCminorChannel Partner/ Reseller/ DistributorWork order awarded by Gawgee Brothers LLC for services or products.
• GGSIUminorOthersWork order awarded by GGSIU for services.
• VCETminorOthersVidwan Chandra Engineering College Trust awarded work order for services.

Scale indicators8 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Page Industries: Exclusive licensee of Jockey and Speedo in India and a major innerwear/hosiery manufacturer. Comparable to SBC in branded innerwear and apparel manufacturing with multi-brand strategy.
• Vishal Fabrics: Indian denim and woven fabrics manufacturer serving domestic and export markets. Directly comparable to SBC's denim/jeans manufacturing under FEMAS JEANS.
• Rupa & Company: One of India's largest innerwear and hosiery manufacturers, selling branded products across men's, women's and kids categories. Directly comparable to SBC's hosiery-focused garment portfolio and FEMAS LINGERIE's brand.
• KPR Mill: Vertically integrated Indian textile and garment manufacturer with export focus. Comparable to SBC in vertically integrated apparel manufacturing and export orientation.
• Dollar Industries: Indian hosiery and knitwear manufacturer with multi-brand portfolio (Dollar, Missy, Big Boss, Risa). Comparable to SBC in terms of innerwear/hosiery product mix and branded domestic distribution model.
• Gokaldas Exports: Leading Indian exporter of readymade garments serving global apparel brands. Highly comparable to SBC's garment export business and B2B order-driven model.

Broad incumbents

• Mafatlal Industries: Long-standing Indian textile company with fabrics and ready-made garments. Comparable to SBC in legacy textile heritage (Mirzapur origins) and diversified textile/apparel portfolio.
• Sutlej Textiles and Industries: Larger Indian textile company with yarn, fabric and home textile segments. Broader incumbent comparable to SBC's combined garment and home furnishings (carpets/cushions/quilts) exposure.
• Trent (Westside / Zudio): Tata-group listed apparel retailer operating Westside and Zudio. Comparable to SBC's branded apparel ambitions and multi-brand retail distribution via Amazon India and own websites.

Others

• Indian Tourism & Hospitality players (e.g., Thomas Cook India): Listed Indian travel services company operating tour packages, hotels and ticketing. Relevant as a comparable for SBC's Mauji Trip subsidiary, which is itself slated for an IPO in FY2025-26.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 SBC Exports