Shree Karni Fabcom Live Share Price Today, Share Analysis and Chart

About the company - Business Profile

Shree Karni Fabcom Ltd. (SHREEKARNI) is a textile enterprise specializing in the production of technical textiles and specialized fabrics. The company operates within the technical textile sector, focusing on high-demand applications such as medical, industrial, and automotive textiles. It functions as an integrated player, managing processes from knitting and dyeing to finishing and processing, which allows it to serve as a key component in the supply chain for various consumer and industrial end-products.

Key Points

• Key Facts:
  • Founded Year: 2018 (Incorporated as a private limited company, later converted to public).
  • Headquarters: Surat, Gujarat, India.
  • Products: Technical textiles, specialty fabrics, knitted fabrics, and coated fabrics.
  • Stock Listing: Listed on the NSE SME platform in March 2024.
• Operations and Resources:
  • Facilities: Operates specialized manufacturing units in Surat, Gujarat. The company recently expanded its capacity through a new facility aimed at increasing the output of technical textiles.
  • Integration: Vertically integrated operations covering knitting, dyeing, and fabric finishing. This integration ensures quality control across the production lifecycle.
• Ownership:
  • The company was promoted by the Radheshyam family. As of the latest filings post-IPO, the promoters maintain a significant controlling stake.
• Market and Significance:
  • Industries Served: Primarily serves the luggage, medical (healthcare textiles), footwear, and automotive sectors.
  • Strategic Importance: It is one of the specialized players in the Indian SME sector focusing on technical textiles, which is identified as a high-growth area under various government textile schemes.
• Business Model and Capabilities:
  • Model: B2B model providing specialized fabric solutions tailored to client specifications. It excels in customization and rapid prototyping of fabrics for specific industrial applications.
• Revenue Breakdown (FY24/FY25):
  • Total Revenue: For FY24, the company reported a total revenue of approximately ₹126.95 crore.
  • Segmental Revenue: The majority of revenue is derived from technical textiles and specialized fabric processing.
  • Geographical Mix: Revenue is predominantly domestic, centered around major industrial hubs in India, though the company is exploring export markets for its technical textiles.
• Sustainability and Innovation:
  • The company is focused on adopting energy-efficient machinery and water-recycling processes in its dyeing units to meet environmental compliance standards.
• Technology and Products:
  • Coating Technology: Implementation of specialized coating processes to produce water-resistant and fire-retardant fabrics.
  • Knitting Capabilities: Advanced circular knitting machines used for high-tensile strength industrial fabrics.
• Employee Count: The company employs approximately 450+ personnel across its manufacturing and administrative offices.
• Strategic Initiatives:
  • Expansion: Setting up a new unit for the manufacture of technical textiles and medical fabrics using IPO proceeds.
  • Market Diversification: Active efforts to enter the automotive upholstery segment to leverage its existing technical textile expertise.