A B Cotspin India Ltd, a leading North India-based textile manufacturer, has announced a significant milestone by securing a repeat order for 100 MT of 100% BCI Cotton Yarn, valued at approximately ₹3.20 crore. This achievement highlights the company’s unwavering commitment to quality and its strong market position.

A Leader in Sustainable Textile Manufacturing

Established in 1997, A B Cotspin India Ltd has evolved from a modest cotton ginning operation into a fully integrated textile manufacturer. Its facilities include 36,000 spindles, and plans are underway to increase this capacity by 50%. The company operates 24/7 in three shifts, living by its philosophy: "Work is Worship."

Diverse Business Portfolio

The company excels in multiple areas:

• Cotton Ginning: Processing raw cotton into cotton bales and seeds.
• Cotton Yarn Manufacturing: Specializing in combed and carded cotton yarn.
• Knitted Fabric Production: Offering high-quality knitted cotton fabrics.
• Oil Extraction: Producing cottonseed and mustard oil, along with oil cake.

BCI and Organic Cotton Sales contribute 50% of the revenue, reflecting healthy profit margins, while Slub Cotton adds another 25%. The company's fabric segment contributes 5–10%, demonstrating its versatility.

Strong Clientele and Order Pipeline

A B Cotspin has built enduring relationships with prestigious clients such as:

• SPL Faridabad: Supplies to global brands like Walmart and JC Penney.
• Jawandsons Ludhiana: Known for furnishing products under the Oster Blankets brand.
• Parmeshwari Silks Mills: Manufactures ladies’ suits under the Ramtex brand.

The company has an order backlog of 700 MT, valued at ₹21 crore, set for delivery through January 2025.

Commitment to Sustainability

A B Cotspin is pioneering sustainable textile manufacturing with a 2500 KW solar power plant. Additionally, an extra 631 KW solar installation will be operational by December 2024, reducing energy costs and supporting environmental goals.

Strategic Growth through Acquisition

In an effort to expand its footprint, A B Cotspin has submitted an Expression of Interest (EOI) to acquire SEL Textiles Ltd. This move is expected to bolster manufacturing capacity and ensure the timely execution of growing orders.

Financial Projections for FY 2024-25

• Sales: ₹260–275 crore
• EBITDA: ₹29–32 crore

These projections underline the company’s robust growth trajectory.

Plant and Operations

The company operates on a sprawling 7,18,000 sq. ft. property, with 4,00,000 sq. ft. of covered area, located at Bathinda Road, Jaitu, Punjab.

With such remarkable strides, A B Cotspin India Ltd continues to "Craft Excellence, Thread by Thread," staying true to its core values of honesty and quality. Stay updated with the latest news about A B Cotspin and the Best IPO to Apply Now - IPO List 2024 for insights into upcoming investment opportunities.

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A B Cotspin's continuous focus on sustainability, innovation, and expansion positions it as a leader in the textile industry, making it an inspiring example of growth and excellence.