Spentex Industries Ltd. - India

What Spentex Industries Ltd. - India does

Spentex Industries Ltd. is a publicly listed Indian textile manufacturer, incorporated in 1991 in Delhi (CIN L74899DL1991PLC138153) and part of the CLC Enterprises group founded by Shri Chiranji Lal Choudhary. The company manufactures cotton and synthetic spun yarns across a portfolio of six core product lines (hosiery, weaving, carpet, sewing thread, flat knitting, industrial), with a complementary fancy yarn range (slub, neppy, melange, tri-blend, poly/modal, viscose/linen, and specialty variants). Counts range from Ne 5s to Ne 40s and products are supplied in grey, bleached, and dyed forms. Manufacturing is conducted across five state-of-the-art facilities in India (Solapur, Baramati, Butibori, Pithampur, Kolhapur) and two international units acquired through overseas acquisitions — Tashkent Toytepa Tekstil in Uzbekistan (110,000 spindles and 108 air jet looms, 2006) and Schoeller Textil in the Czech Republic (59,000 spindles, 2007). Combined Indian spindle capacity exceeds 264,000, and the company sells into more than 60 export markets across Europe, South-East Asia, Africa, the Middle East, the Mediterranean, and Latin America.

Production infrastructure is built around advanced machinery sourced from global technology providers, including Rieter (Carding C 60, Combers E 65), Marzoli (Ring Frames with multi-count multi-twist for slub and core yarn), Murata (21 Link Coner), Zinser, and Sieger for cotton and synthetic yarn production, with Uster Quantum 2 quality systems, Luwa humidification, and Ennercon energy monitoring. The company maintains a deep certifications stack covering ISO 9001:2008, ISO 14001:2004, OHSMS 18001:2007, ISO/IEC 17025 (NABL lab accreditation), ISO 50001:2011, Oeko-Tex Standard 100, and Global Organic Textile Standard (GOTS) across multiple facilities.

The business operates as a B2B enterprise selling directly to garment manufacturers, carpet manufacturers, weaving mills, knitwear factories, home textile producers, and sewing thread companies, both domestically and through export channels. Pricing is quote-based via an online Request for Proposal system, indicating negotiated contract relationships rather than transactional sales. Revenue is generated from one-time sales of yarn and fabric products. Q3 FY07 net turnover was reported at Rs 256.41 crore with net profit of Rs 12.80 crore, with the Butibori unit generating 50% of revenues from international markets. The leadership team spans the Choudhary family (Chairman Ajay Kumar Choudhary and Managing Director Mukund Choudhary) and textile-industry veteran operational heads at each plant, supported by a President and Senior Vice Presidents covering marketing and corporate/legal affairs.

Name

Spentex Industries Ltd. - India

Legal name

Spentex Industries Ltd.

Website

https://spentex.net

Company type

Public

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

Spentex Industries Ltd. is an Indian yarn manufacturer producing cotton and synthetic spun yarns across five domestic and two international facilities totaling more than 433,000 spindles, supplying garment, carpet, weaving, sewing thread, knitwear, and home textile producers in 60+ countries.

Ownership category

akta.pro rank

Product category

Yarn Manufacturing

NAICS

Fiber, Yarn, and Thread Mills (31311), Fiber, Yarn, and Thread Mills (3131), Fabric Mills (3132), Textile Mills (313)

SIC

Textile Mill Products (2200)

akta.pro primary industry

Fiber & Yarn (Natural, Synthetic, Blends) (CRAAAMAA)

akta.pro secondary industries

Sewing Thread Manufacturing (IMAOAAAH), Technical Fabric Mills (Performance/Protective/Medical Substrates) (IMAOABAH), Knitted Fabric Mills (IMAOABAB)

Keywords

• Yarn manufacturing
• Cotton spinning
• Synthetic yarn production
• Textile spinning
• Carpet yarn supply

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Yarn Manufacturing and Sales: Manufacturing and sale of cotton and synthetic yarns including Hosiery Yarn, Weaving Yarn, Carpet Yarn, Sewing Thread, Flat Knitting Yarn, and Industrial Yarn. Products sold both domestically in India and exported to over 60 countries globally. Revenue from sale of yarn in grey, bleached and dyed forms.
2. Fabric Manufacturing: Manufacturing and supply of high quality synthetic and blended fabric in grey, bleached and dyed forms for home textiles and garments industry.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Spentex Industries Ltd. manufactures and supplies cotton, synthetic, and blended yarns used as raw material inputs by downstream textile producers. The product range covers Hosiery Yarn, Weaving Yarn, Carpet Yarn, Sewing Thread, Flat Knitting Yarn and Industrial Yarn in counts from Ne 5s to Ne 40s, delivered in grey, bleached and dyed forms from 5 Indian plants and 2 overseas units in Czech Republic and Uzbekistan.

Product overview

Spentex Industries Ltd. is a textile manufacturer specializing in yarn production. The company offers a portfolio of yarn products under a unified manufacturing platform, including Hosiery Yarn, Weaving Yarn, Carpet Yarn, Sewing Thread, Flat Knitting, and Industrial Yarn as core product lines, complemented by Fancy Yarn specialty products. All products are manufactured at state-of-the-art facilities using advanced machinery from international suppliers, with capabilities spanning 100% cotton, synthetic, and blended yarns in various counts (Ne 5s to Ne 40s), available in grey, bleached, and dyed forms.

Differentiator

Problem solved

Functional benefit

Products and services

• Hosiery Yarn Cotton and synthetic yarns in counts from Ne 5s to Ne 40s (combed, carded, organic, melange and blended variants) sold to hosiery and knitted-garment manufacturers.
• Weaving Yarn Cotton, blended and siro/jaspe yarns supplied to weaving mills producing woven fabrics for garments and home textiles.
• Carpet Yarn Synthetic and blended carpet yarns (100% polyester, 100% viscose and poly/cotton blends) sold to carpet manufacturers in India and overseas.
• Sewing Thread High-quality sewing thread manufactured from premium raw cotton in multiple counts for industrial and garment applications.
• Flat Knitting Yarn Acrylic/cotton, acrylic/viscose and polyester/cotton blend yarns (combed and carded) supplied to flat knitting customers.
• Industrial Yarn Synthetic and blended industrial yarns in grey, bleached and dyed forms sold to manufacturers of industrial fabrics and technical textiles.
• Fancy Yarn Specialty yarns including slub, neppy, melange, tri-blend, poly/modal, viscose/linen, delight, puzzle, radiant and snow-effect varieties for denim, knitting and fashion applications.

Quantifiable outcome

• Exports to more than 60 countries globally
• +2 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• The Schoeller Textil GroupcoreStrategic or Co-development Partner · 1 January 2006Acquisition of Schoeller Textil from The Schoeller Textil Group in 2007, including marketing organization in Niederzier near Duren (Germany) and manufacturing facility at Litvinov, Czech Republic. Leading German manufacturer of yarns and threads with installed capacity of 59,000 spindles.
• Uzbekistan Government (State-controlled Tashkent Toytepa Tekstil)coreStrategic or Co-development Partner · 1 January 2006Acquisition of business of Tashkent Toyetepa Tekstil Limited, the state-controlled spinning entity in Uzbekistan in 2006. Tashkent Plant had installed capacity of 110,000 spindles and 108 air jet looms. Strategic presence in world's fifth largest cotton producer.
• Bombay Dyeing & Manufacturing Co. Ltd.coreStrategic or Co-development Partner · 1 January 2005Agreement signed in 2005 to set up a contract manufacturing facility with 50,000 spindles at Solapur unit. Strategic partnership for contract manufacturing operations.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Welspun India: Large Indian home textile and yarn manufacturer with global retail brand relationships (Welspun, Christy). While broader in finished home textiles than Spentex, directly comparable on the yarn manufacturing side and on export-driven B2B model serving premium carpet and home textile customers.
• Indorama Ventures: Global integrated polyester and textile producer with cotton/synthetic yarn, fiber, and downstream operations worldwide. Comparable to Spentex on synthetic yarn manufacturing, but operates at substantially larger scale and with greater vertical integration. Mr. B S Dhillon (Spentex Baramati head) had overseas exposure at Indorama Group.

Direct peers

• Trident Group: Major Indian textile conglomerate with yarn spinning, terry towels, and home textiles, exporting globally. Overlaps with Spentex on cotton yarn manufacturing, home textile end-customers, and global export footprint. Spentex Baramati unit head Mr. B S Dhillon previously worked at Trident, evidencing direct functional overlap.
• RSWM Limited (LNJ Bhilwara Group): Indian yarn and fabric manufacturer (LNJ Bhilwara Group) producing cotton, synthetic, and blended yarns for apparel, home textiles, and industrial applications. Closely comparable to Spentex on yarn product portfolio, B2B sales model, and customer base of garment manufacturers and exporters.
• Vardhman Textiles: One of India's largest integrated textile manufacturers with significant yarn (cotton, synthetic, blended) spinning capacity. Directly comparable to Spentex on yarn product portfolio, end-markets (apparel, home textiles), and global export orientation. Multiple Spentex unit heads (Mr. Manish Gupta, Mr. B S Dhillon) previously worked at Vardhman, confirming direct overlap.
• Nahar Spinning Mills: Large Indian cotton and blended yarn manufacturer with 400,000+ spindles supplying both domestic and export markets. Closest Indian peer to Spentex in scale, spinning focus, and customer mix (hosiery, weaving, fabric manufacturers). Directly comparable on commodity yarn economics and export-driven revenue model.
• IGL Group (Indo Rama Synthetics): Spentex's own history includes the merger of Indo Rama Textiles Ltd. in 2007, and the broader Indo Rama/Indo Rama Synthetics group is a comparable Indian polyester and synthetic yarn producer. Direct overlap with Spentex on synthetic spun yarn, fiber sourcing, and B2B textile customer base.
• Filatex India: Indian manufacturer of polyester filament yarn and synthetic yarn products. Comparable to Spentex's synthetic spun yarn operations (Pithampur, Butibori units) and serves overlapping textile customer segments, providing a like-for-like benchmark on synthetic yarn economics.
• Sutlej Textiles and Industries: Indian yarn and fabric manufacturer producing cotton, synthetic and blended yarns for suiting, home textiles, and apparel. Direct overlap with Spentex on natural/synthetic yarn production, finishing capability, and B2B sales to garment and home textile converters.

Regional players

• Schoeller Textil Group: Pre-acquisition owner of the Czech Republic yarn and thread manufacturing subsidiary now owned by Spentex. Both produce quality European sewing thread, weaving, and knitwear yarns, and Schoeller's remaining specialty fabric business shares customer overlap with Spentex's European customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/spentex-industries-ltd---india

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries8 records

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 Spentex Industries Ltd. - India