Rishi Techtex
Rishi Techtex Limited is a publicly listed Indian technical textile manufacturer operating a Woven Division (PP/HDPE sacks, 5,000 MT/yr) and Knitted Division (shade nets, 3,000 MT/yr), serving cement, petrochemical, fertilizer, and agricultural customers from Daman and Vapi plants.
- Company typePublic
- Founded1992
- HeadquartersMumbai, India
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Rishi Techtex does
Rishi Techtex Limited (BSE: 523021; ISIN INE989D01010) is a publicly listed Indian technical textile manufacturer founded circa 1992 and headquartered in Mumbai. The company operates two divisions: a Woven Division producing laminated PP/HDPE woven fabrics and sacks (5,000 MT per annum capacity) used in industrial packaging for cement, petrochemical, fertilizer, chemical, sugar, and foodgrain applications; and a Knitted Division producing shade nets, mulch mats, crop covers, anti-hail nets, bird protection nets, windbreakers, shade sails, and fire protection nets (3,000 MT per annum capacity), marketed under the 'KrishiNet' sub-brand for agriculture, horticulture, floriculture, animal husbandry, and aquaculture. Manufacturing is conducted at two plants — Daman (Kachigam) and Vapi (GIDC) — located approximately 180 km from Mumbai.
The product portfolio also extends into geo-textiles (soil stabilization, anti-erosion, landfill pit linings) and a Build-Tech vertical (architectural membranes, scaffolding nets, awnings, canopies, floor/wall coverings, hoardings and signages). Core technical capabilities include UV stabilization (up to 95% shade factor), multi-pattern construction (single/double/triple with monofilament and tape), fire-resistant variants on request, and multi-color printing up to six colors on laminated sacks. The company holds MSME authorization and BIS certification and has received the QC 100 Total Quality Management (Quality Crown Gold) award from Business Initiative Directions, Spain.
Rishi Techtex monetizes through one-time sale of manufactured goods (no subscription or licensing model). Go-to-market combines direct enterprise supply to blue-chip cement and petrochemical customers, a dealer and distributor network across India (notably for geo-textiles), an inquiry-based 'Where to Buy' website channel for SMB and international buyers, and direct export of shade nets. Promoter and promoter group hold approximately 34.45% of shares (with Abhishek Harshad Patel as significant beneficial owner holding 20.66% voting rights), the company has no subsidiaries, and headcount stands at approximately 300 including engineers and technical staff.
Rishi Techtex firmographics
Firmographics- Name
- Rishi Techtex
- Legal name
- Rishi Techtex Limited
- Website
- https://rishitechtex.com
- Company type
- Public
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Rishi Techtex Limited is a publicly listed Indian technical textile manufacturer operating a Woven Division (PP/HDPE sacks, 5,000 MT/yr) and Knitted Division (shade nets, 3,000 MT/yr), serving cement, petrochemical, fertilizer, and agricultural customers from Daman and Vapi plants.
- Ownership category
- akta.pro rank
Rishi Techtex industry classification
Industry- Product category
- Technical Textiles
- NAICS
- Textile Bag and Canvas Mills (314910)
- SIC
- Plastics Products, Nec (3089)
- akta.pro primary industry
- Agricultural & Horticultural Technical Textiles (Crop Covers/Shade Nets/Mulch Fabrics) (IMAOADAJ)
- akta.pro secondary industries
- Industrial & Heavy-Duty Flexible Packaging (Construction, Chemicals, Liners) (IMALABAJ), Geotextiles & Civil Engineering Textiles (Road/Soil Stabilization/Erosion Control) (IMAOADAB), Coated & Laminated Industrial Fabrics (Tarpaulins/Awnings/Inflatables/Architectural Membranes) (IMAOADAI)
Keywords
Where Rishi Techtex is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
Rishi Techtex business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- PP/HDPE Woven Fabrics & Sacks: Manufacturing and selling laminated polypropylene (PP) and HDPE woven sacks for packing of powdered and granulated industrial products. Serves cement, petrochemical, fertilizers, chemicals, sugar, foodgrains industries with capacity of 5000 MT per annum.
- Shade Nets & Agricultural Products: Manufacturing and selling shade nets, mulch mats, crop covers, anti-hail nets, bird protection nets, windbreakers, shade sails and fire protection nets under Knitted Division. Capacity of 3000 MT per annum. Supplied over 30 million square meters to date.
- Geo-textiles: Geo-textile solutions for soil stabilization and anti-erosion measures, pit linings for landfills and chemical pits, ground stabilization and soil reinforcement applications.
- Build-Tech Products: Architectural membranes, scaffolding nets, awnings, canopies, floor and wall coverings, hoardings and signages for construction industry.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Quote-based pricing through direct inquiry |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Rishi Techtex product offering
Product offeringCore offering
Rishi Techtex manufactures and sells PP/HDPE woven fabrics and sacks (Woven Division, 5,000 MT per annum) for industrial packaging of cement, petrochemicals, fertilizers, chemicals, sugar, salt and foodgrains, and shade nets, mulch mats, crop covers, anti-hail and bird protection nets, windbreakers, shade sails and fire protection nets (Knitted Division, 3,000 MT per annum) for agriculture, horticulture, floriculture, forestry, animal husbandry and aquaculture. The company also provides geo-textiles for soil stabilization, anti-erosion, pit linings and ground reinforcement, and build-tech products such as architectural membranes, scaffolding nets, awnings, canopies, floor and wall coverings, hoardings and signages for the construction industry.
Product overview
Rishi Techtex Limited is a technical textile manufacturer operating two main divisions: the Woven Division (PP/HDPE woven fabrics and sacks with 5000 MT annual capacity) and the Knitted Division (shade nets and agro-textiles with 3000 MT annual capacity). The product portfolio centers on three main sub-brands under the Shade Nets category: Agro-Tech (KrishiNet Shade Nets, weed mats, crop covers, anti-hail nets, bird protection nets, windbreakers, shade sails, fire protection nets, mulch mats), Geo-Tech (geo-textiles for soil stabilization, anti-erosion, ground reinforcement), and Build-Tech (architectural membranes, scaffolding nets, awnings, floor/wall coverings, signages). The Woven Division produces laminated PP woven sacks and bags for industrial packaging (cement, petrochemicals, fertilizers, chemicals, foodgrains) with capacity up to 50kg. The company has supplied over 30 million square meters of shade net and serves both domestic and international clients.
Differentiator
Problem solved
Functional benefit
Brands
- KrishiNet: Shade Net brand designed for use in agriculture and horticulture to control growing conditions. Product includes customized shade nets, weed mats, crop covers, anti-hail nets, bird protection nets, windbreakers and shade sails.
Products and services
- KrishiNet Shade Nets UV-stabilized high density polyethylene shade nets designed for use in agriculture and horticulture to control growing conditions. Shade factor up to 95%, available in widths up to 12 meters, with multi-pattern (single/double/triple) construction using monofilament and tape; fire-resistant variants available on request. Includes customized variants such as weed mats, crop covers, anti-hail nets, bird protection nets, windbreakers, mulch mats and shade sails for farmers, floriculture, horticulture, forestry, animal husbandry and aquaculture sectors.
- Laminated PP Woven Sacks Laminated polypropylene woven sacks for packing powdered and granulated industrial products. Capacity up to 50 kg, no seepages, multi-color printing up to 6 colors for marketing visibility. Supplied to blue chip companies in cement, petrochemical, fertilizers, chemicals, sugar and foodgrains industries.
- PP/HDPE Woven Fabrics PP/HDPE woven fabrics manufactured under the Woven Division with capacity of about 5,000 MT per annum. Supplied for industrial packaging applications across cement, petrochemicals, fertilizers, chemicals, sugar and foodgrains sectors.
- Geo-Textiles Civil engineering geo-textiles for ground stabilization, soil reinforcement, anti-erosion measures and pit linings for landfills and chemical pits. Distributed through a dealer and distributor network across India for construction and infrastructure projects.
- Build-Tech Construction Textiles Architectural membranes, scaffolding nets, awnings, canopies, floor and wall coverings (including swimming pool, deck and patio covers), hoardings and signages for the construction industry. Designed to reduce noise and dust pollution at construction sites and support quality infrastructure solutions.
Quantifiable outcome
- 60-100% yield increase in vegetables like tomatoes and capsicum using shade nets
- +4 more outcomes
Companies that use Rishi Techtex
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles4 records
Rishi Techtex technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Rishi Techtex partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Adroit Corp. Services Pvt. Ltd.coreR&T (Registrar and Transfer) Agent handling share registry services, investor communications, and compliance support. Contact: Mr. Ramesh Gawde/Mr. Praful Shah, Office at 19, Jaferbhoy Indl. Estate, 1st Floor, Makwana Road Marol Naka, Mumbai - 400 059.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Rishi Techtex competitors and assessment
Company assessmentDirect peers
- Shree Rajasthan Syntex: Indian manufacturer of polypropylene woven sacks, fabric and yarn. Directly competes with Rishi Techtex's Woven Division for industrial packaging customers in cement, fertilizers, sugar and foodgrains.
- Techfab India Industries: Indian manufacturer of geosynthetics including geotextiles, geogrids, geocomposites and erosion-control products. Directly competes with Rishi Techtex's Geo-Tech vertical for infrastructure and landfill applications.
- Strata Geosystems (India): India-based geosynthetics producer focused on soil reinforcement, ground stabilization and mining applications. Comparable to Rishi Techtex's geo-textile offering for civil engineering and erosion control customers.
- Garware Technical Fibres: Indian technical textiles manufacturer producing fishing nets, sports nets, agro nets, safety nets and geosynthetics. Closely comparable to Rishi Techtex on agro-textile and netting product lines and Indian end-market exposure.
Emerging players
- Deccan Polymers & Chemicals: Indian producer of PP/HDPE woven sacks, fabrics and technical textiles for industrial and agricultural applications. Comparable to Rishi Techtex's woven sacks and agro-textile business with a more focused product mix.
Broad incumbents
- Welspun India: Large Indian textiles group with home textiles and an emerging technical textiles and advanced materials portfolio. Comparable as a broad Indian textile incumbent expanding into industrial and technical segments.
- Supreme Industries: Large Indian diversified plastics manufacturer with packaging and industrial products businesses. Overlaps with Rishi Techtex's PP/HDPE woven sacks and agri-packaging categories, but at significantly greater scale and product breadth.
- Sioen Industries: Belgian technical textiles manufacturer producing coated fabrics, agro-textiles, geo-textiles and industrial technical fabrics across multiple verticals. Comparable product breadth to Rishi Techtex across agro, geo and build-tech categories.
- Koninklijke Ten Cate (Solmax / TenCate Geosynthetics): Global geosynthetics leader supplying geotextiles, geogrids and erosion-control solutions to civil engineering markets. Comparable to Rishi Techtex's Geo-Tech vertical but at global scale and with deeper international distribution.
Regional players
- Thrace Group: Greek technical textiles group with strong presence in geotextiles, agro-textiles, industrial packaging and construction fabrics in Europe and the Middle East. Comparable product portfolio but primarily serves non-Indian geographies.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Rishi Techtex financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rishi Techtex leadership team
Management profileNumber of profiles
Profiles6 records
Rishi Techtex funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rishi Techtex M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rishi Techtex
What does Rishi Techtex do?
Rishi Techtex manufactures and sells PP/HDPE woven fabrics and sacks (Woven Division, 5,000 MT per annum) for industrial packaging of cement, petrochemicals, fertilizers, chemicals, sugar, salt and foodgrains, and shade nets, mulch mats, crop covers, anti-hail and bird protection nets, windbreakers, shade sails and fire protection nets (Knitted Division, 3,000 MT per annum) for agriculture, horticulture, floriculture, forestry, animal husbandry and aquaculture. The company also provides geo-textiles for soil stabilization, anti-erosion, pit linings and ground reinforcement, and build-tech products such as architectural membranes, scaffolding nets, awnings, canopies, floor and wall coverings, hoardings and signages for the construction industry.
Is Rishi Techtex a public or private company?
Rishi Techtex is a public company. It is classified as public and is currently operating.
When was Rishi Techtex founded?
Rishi Techtex was founded in 1992. It employs 51 to 100 people.
Where is Rishi Techtex based?
Rishi Techtex is headquartered in Mumbai, India, in the Asia region.
How does Rishi Techtex make money?
Four revenue lines are on record. PP/HDPE Woven Fabrics & Sacks are the primary driver. The others are shade Nets & Agricultural Products, geo-textiles and build-Tech Products.
Who are Rishi Techtex's main competitors?
Direct peers on record are Shree Rajasthan Syntex, Techfab India Industries, Strata Geosystems (India) and Garware Technical Fibres. Deccan Polymers & Chemicals is listed as an emerging player. Broad incumbents are Welspun India, Supreme Industries, Sioen Industries and Koninklijke Ten Cate (Solmax / TenCate Geosynthetics). Thrace Group is listed as a regional player.
Does Rishi Techtex have an API?
No public API is recorded for Rishi Techtex.
What industry is Rishi Techtex in?
Rishi Techtex's product category is Technical Textiles. Its primary akta.pro industry code is IMAOADAJ, Agricultural & Horticultural Technical Textiles (Crop Covers/Shade Nets/Mulch Fabrics), with a secondary code of IMALABAJ, Industrial & Heavy-Duty Flexible Packaging (Construction, Chemicals, Liners). Its NAICS code is 314910 and its SIC code is 3089.