VFS Thread Dyeing

What VFS Thread Dyeing does

VFS Thread Dyeing is a Bangladesh-based, publicly listed manufacturer and supplier of sewing thread products, headquartered in Dhaka and trading on the Dhaka Stock Exchange under the ticker VFSTDL. Founded in 2010 by M. Rahman, the company operates in the textile auxiliary inputs segment, supplying dyed sewing thread presumably to garment manufacturers in Bangladesh's apparel supply chain. Its core offering is industrial sewing thread, with the value-add positioned in the dyeing step of thread production for downstream apparel buyers.

The company's go-to-market and revenue mechanics are not disclosed in the available source material: there is no pricing model, no named customer base, no distribution channel description, and the corporate website (vfsthread.com) was observed returning only a verification/loading page. Public-market financials show a steep multi-year contraction in revenue (from approximately 11.28B in FY2021 to 2.20B in FY2025, denominated in Bangladeshi Taka), alongside proportional declines in gross profit, EBITDA, and net income, suggesting either significant volume loss, price compression, or a deliberate contraction of the operating footprint. Headcount is reported at 1-10 employees, which is anomalously low for any meaningful thread dyeing operation and warrants additional diligence.

Strategic and operational visibility is limited: there are no disclosed partnerships, certifications, patents, product launches, technology integrations, or senior hires beyond the founder. The management team, regulatory standing beyond the DSE listing, and ownership structure are not detailed in the input. As a result, the company should be treated as a thinly-disclosed, declining-revenue industrial issuer with significant information gaps.

Name

VFS Thread Dyeing

Website

https://vfsthread.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

VFS Thread Dyeing is a Bangladesh-based, Dhaka Stock Exchange-listed manufacturer of dyed sewing thread, founded in 2010 by M. Rahman, supplying textile and garment manufacturers in its domestic market. The company has shown multi-year revenue contraction and operates with limited public disclosure.

Ownership category

akta.pro rank

Product category

Industrial Sewing Thread Manufacturing

NAICS

Fiber, Yarn, and Thread Mills (313110), Fiber, Yarn, and Thread Mills (31311), Fiber, Yarn, and Thread Mills (3131), Textile Mills (313)

SIC

Textile Mill Products (2200)

akta.pro primary industry

Sewing Thread Manufacturing (IMAOAAAH)

akta.pro secondary industries

Threads, Yarns & Sewing Notions (Sewing Thread/Embroidery Thread/Bobbins/Needles) (IMAOALAE), Yarn Dyeing & Finishing (Package/Hank Dyeing, Mercerization) (IMAOAAAJ)

Keywords

• Sewing thread manufacturing
• Industrial thread supply
• Thread dyeing services
• Textile thread products
• Garment accessories

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel

Core offering

VFS Thread Dyeing is a manufacturer and supplier of sewing thread products based in Dhaka, Bangladesh. The company operates in the textile and garment accessories sector, producing dyed sewing thread for use in garment manufacturing and related industries. Founded in 2010 and listed on the Dhaka Stock Exchange under the symbol VFSTDL, the company produces and supplies thread products for industrial buyers.

Differentiator

Problem solved

Functional benefit

Products and services

• Sewing Thread Products Dyed sewing thread products manufactured and supplied to garment manufacturers and industrial buyers in the textile sector.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights3 records

Broad incumbents

• American & Efird (A&E): One of the world's largest manufacturers of industrial sewing thread, supplying global apparel and footwear brands. Comparable as a vertically integrated thread producer; A&E's presence in South Asian RMG clusters directly competes for the same local customers.
• Coats Group: Global market leader in industrial sewing thread and adjacent textile components. Comparable as a direct sewing thread manufacturer with broader scale and global footprint; serves as the benchmark competitor VFS Thread Dyeing would need to differentiate against in Bangladesh.
• AMANN Group: German-headquartered manufacturer of industrial sewing thread, embroidery thread, and technical yarns. Comparable as a global thread specialist with strong dyeing and finishing capabilities serving apparel and technical textile markets.
• Gunze: Japanese manufacturer of sewing thread and apparel innerwear textiles. Comparable as a long-established thread producer with integrated dyeing operations supplying global apparel brands.

Regional players

• Hengli Group: Chinese vertically integrated textile conglomerate producing polyester filament yarn and downstream textiles. Comparable as a large-scale Asian producer competing in the same regional cost-tier that VFS Thread Dyeing operates in.
• Zhejiang Sunrise Textile: China-based textile manufacturer producing a range of yarns and threads. Comparable as a regional Asian thread producer targeting apparel and home textile markets with cost-competitive positioning.

Direct peers

• Madeira: Specialized manufacturer of embroidery thread and sewing thread for the apparel industry. Comparable as a thread-focused specialist with in-house dyeing expertise and a strong focus on color consistency for branded garment buyers.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights3 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 VFS Thread Dyeing