Textile stock in focus after receiving ₹4 Cr order from an international company

Synopsis:
Shree Karni Fabcom Limited secured an order worth Rs.3.93 Cr from one of the leading international companies in shoe retail industry. 

The shares of this textile stock  that engaged in business of manufacturing specialised technical textile and others  are in focus after receiving a new order worth Rs.3.93 Cr from one of the leading international companies in shoe retail industry. 

With a market capitalization of Rs.419 Crores, the shares of Shree Karni Fabcom Limited opened at Rs.561.05 per equity share, from its previous day’s closing price of Rs.561.06. and made an intraday high of Rs.590.00 per equity share.

Order Details

Shree Karni Fabcom Limited has received a major international order from a leading global shoe retail company. As per the contract, the company will produce 1,36,500 units of bags, with the total order value amounting to $455,546.00 USD.which is approximately Rs.3.93 crore. 

This export order is a significant milestone for the company, showcasing its capability to deliver high-quality products for global clients. The bags will be manufactured using the company’s advanced, fully integrated production facilities. The management expressed confidence that such international orders will continue to boost its global presence and customer trust. 

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Company Profile

Shree Karni Fabcom Limited is a company thatmanufactures specialized technical textiles used in industries like luggage, footwear, medical arch support, chairs, and apparel. Its product range includes woven, knitted, coated, and printed fabrics made from 100 percent polyester and recycled polyester.

The company sources raw materials like yarns, resins, and coating chemicals locally and supplies finished fabrics to various manufacturers and textile intermediaries.

with over 50 years of experience in the textile industry, known for its focus on innovation and quality. Based in Surat. Shree Karni Fabcom Limited has over two decades of expertise in technical textiles and continues to invest in advanced technology, skilled people, and high-quality products.

The company is committed to producing specialty fabrics at competitive prices while ensuring timely and reliable deliveries. With a team of over 200 professionals.

The company’s revenue from operations surged from Rs.127 crores in FY24 reaching to Rs. 167 crores in FY25, reflecting strong business growth. Net profit rose from Rs.15 crores to Rs.16 crores.

Written by Sudeep Kumbar

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