MANOMAYNSEQ2 FY2428 November 2023

Manomay Tex India Limited

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Key numbers — 40 extracted
48 million
2-FY 2024 BIRD’S-EYE VIEW: MANOMAY Denim Plant located in Rajasthan having production capacity of 48 million meters per annum We have an integrated manufacturing facility Incorporated in 2009 and converted
₹13,340.92 lakh
ty Incorporated in 2009 and converted to public company in 2017 Revenue from Operations Q2 FY24: ₹13,340.92 lakhs Q2 FY23: ₹20,157.11 lakhs ZLD (Zero Liquid Discharge) & ETP(Effluent Treatment Plant ) ISO 9001:
₹20,157.11 lakh
nd converted to public company in 2017 Revenue from Operations Q2 FY24: ₹13,340.92 lakhs Q2 FY23: ₹20,157.11 lakhs ZLD (Zero Liquid Discharge) & ETP(Effluent Treatment Plant ) ISO 9001:2015 and ISO 14001:2015 ce
₹27,381.41 lakh
del and Experienced Team Ventured into 14+ international markets Revenue from Operations H1 FY24: ₹27,381.41 lakhs H1 FY23: ₹37,865.53 lakhs OUR JOURNEY 1978 1994 2003 Established as Dhanlaxmi Group, speciali
₹37,865.53 lakh
Ventured into 14+ international markets Revenue from Operations H1 FY24: ₹27,381.41 lakhs H1 FY23: ₹37,865.53 lakhs OUR JOURNEY 1978 1994 2003 Established as Dhanlaxmi Group, specializing in a wide range of Te
₹ 7Crore
Private Limited to Public Limited in JAN 2017. 2019 Raised capital through Preferential issue of ₹ 7Crore. 2017 Got listed its equity shares on BSE SME Platform in March 2015 Expansion of our producti
1.1 MW
h (Rajasthan). Company has also removed 36 old looms 2022 The company applied for registration of 1.1 MW Solar PV power project at plant Aaraji No.5,6,7 gram- Jojro Ka khera Tehsil-gangrar, Dist.- Chittor
₹35 Crore
and direct listing in NSE Limited mainboard. And also raised capital through Preferential issue of ₹35 Crore. And ongoing Process of installation of Spinning Plant. MANUFACTURING PROCESS Manomay Tex India L
48 million
m- Jojro Ka Khera Tehsil-Gangrar, Dist.:- Chittorgarh (Rajasthan), India has production capacity of 48 million meters per annum spread across land area of 20,300 sq. meter and 11,800 sq. meter. PROCESS DETAILS
4 million
digo dyeing range with sizing plant and advanced technology from JUPITER with a monthly capacity of 4 million metres. 6. Inspection This helps to identify the faults in production of fabric before packing &
Rs 91,894 crore
et has been maintaining an average CAGR of 8 to 9 per cent for a few years and is expected to reach Rs 91,894 crores by 2028. 1,600 million meters per year 50 India’s denim fabric installed capacity Denim fabr
1,600 million
average CAGR of 8 to 9 per cent for a few years and is expected to reach Rs 91,894 crores by 2028. 1,600 million meters per year 50 India’s denim fabric installed capacity Denim fabric mills operating in Ind
Guidance — 5 items
Expansion of Denim Plant
opening
“Company has also removed 36 old looms 2022 The company applied for registration of 1.1 MW Solar PV power project at plant Aaraji No.5,6,7 gram- Jojro Ka khera Tehsil-gangrar, Dist.- Chittorgarh (Rajasthan) for captive use under Rajasthan Solar Energy Policy, 2019 and such registration were approved by Rajasthan renewable Energy Corporation Limited on 06.07.2022.”
Expansion of Denim Plant
opening
“USA Lebanon Morocco Egypt Bangladesh Colombia Venezuela Paraguay Mexico Guatemala Ecuador Peru Chile Bolivia Argentina 2 MARKET SIZE & GROWTH FACTORS Indian Denim Market According to various market studies, the Indian domestic denim market has been maintaining an average CAGR of 8 to 9 per cent for a few years and is expected to reach Rs 91,894 crores by 2028.”
Expansion of Denim Plant
opening
“OPPORTUNITIES The textile and apparel industry is expected to grow to US $190 billion by FY26.”
Expansion of Denim Plant
opening
“Incentives under the PLI scheme will be available for five years from 2025-26 to 2029-30 on incremental turnover achieved from 2024- 25 to 2028-29.”
Expansion of Denim Plant
opening
“No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.”
Risks & concerns — 4 flagged
When competitors offer cheaper prices, it is difficult to strike a balance between price and quality.
— Expansion of Denim Plant
He holds experience in operations, business process, risk management MIS, administration, vendor management, and team building.
— Expansion of Denim Plant
He is usually responsible for the accounts, financial, and risk management operations of the company.
— Expansion of Denim Plant
The Company has experienced 51.09% decline in revenue growth.
— Expansion of Denim Plant
Speaking time
Expansion of Denim Plant
1
REGISTERED OFFICE
1
Opening remarks
Expansion of Denim Plant
Installed new and advanced air jet looms and Indigo Dyeing Machineries 2021 During the year Company installed TSUDAKOMA BRAND NEW AUTOMATIC SHUTTLELESS ZAX001NEO AIR JET LOOMS-36 Sets, at Plant site situated at Aaraji No.5,6,7 Gram-Jojro Ka Khera Tehsil-Gangrar, Dist:- Chittorgarh (Rajasthan). Company has also removed 36 old looms 2022 The company applied for registration of 1.1 MW Solar PV power project at plant Aaraji No.5,6,7 gram- Jojro Ka khera Tehsil-gangrar, Dist.- Chittorgarh (Rajasthan) for captive use under Rajasthan Solar Energy Policy, 2019 and such registration were approved by Rajasthan renewable Energy Corporation Limited on 06.07.2022. 2023 In the year 2022-23 Company has migrated from BSE Limited SME to BSE Limited mainboard and direct listing in NSE Limited mainboard. And also raised capital through Preferential issue of ₹35 Crore. And ongoing Process of installation of Spinning Plant. MANUFACTURING PROCESS Manomay Tex India Limited Raw Material Yarn Warping Sizing Di
REGISTERED OFFICE
32 Heera Panna Market, Pur Road, Bhilwara 311001, Rajasthan, INDIA yogesh@manomaytexindia.com ca@manomaytexindia.com +91 1482 - 246983 Investor Relations NNM Nextgen Advisory Pvt. Ltd. Mr. Nikunj Mittal/ Research Team nikunj@nnmsecurities.com researchteam@cokaco.com
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