Textile manufacturer A B Cotspin India is targeting a turnover of Rs 275 crore in FY 2024-25, reflecting an 8% growth driven by a robust order book and increasing demand for premium textile products. The company recently secured an order for 100 tonnes of 100% BCI Cotton Yarn, valued at Rs 3.2 crore, as part of a strong pipeline of approximately 700 MTs worth Rs 21 crore.
A B Cotspin India is scaling its manufacturing capacity to cater to this growing demand and support its future expansion plans. As part of its strategic initiatives, the company aims to acquire SEL Textiles Ltd, a move expected to enhance its manufacturing capabilities and market presence. The consortium-led Expression of Interest (EoI) for SEL Textiles marks a significant step in strengthening the company’s operational scope.
For FY25, A B Cotspin India forecasts sales between Rs 260 crore and Rs 275 crore, with an EBITDA of Rs 29-32 crore. This builds on its performance in FY24, where sales reached Rs 255.77 crore with an EBITDA of Rs 27.64 crore.
The company attributes its growth trajectory to its focus on quality, innovation, and sustainability, which have fostered lasting relationships with esteemed clients. A company spokesperson highlighted its commitment to leveraging these strengths to meet evolving market demands and achieve its strategic objectives.
A B Cotspin India is a prominent textile manufacturer specializing in high-quality yarns and fabrics, catering to both domestic and international markets. With a strong focus on sustainability and innovation, the company integrates advanced spinning technologies and eco-friendly practices into its operations.
A B Cotspin India produces a diverse range of cotton, blended, and specialty yarns designed to meet the varied needs of industries such as apparel, home textiles, and industrial fabrics. Committed to delivering excellence, the company emphasizes strict quality control, timely delivery, and customer satisfaction, making it a preferred partner for textile solutions in competitive markets.
