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Modern Threads India Ltd. (India)

Main Activities: Fiber, Yarn, and Thread Mills
Full name: Modern Threads India Ltd. Profile Updated: April 18, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Modern Threads India Ltd., located in Jaipur, is a renowned company in the textile industry. It was established in 1973 as Modern Woollens, specializing in spinning carpet yarns. Over time, it became the largest manufacturer of carpet yarns in the organized sector. In 1987, the company diversified into manufacturing all wool and wool-blended worsted yarn in India. It further expanded its operations in 1989 by venturing into the production of wool tops and doubling the production capacity of all wool and wool-blended worsted yarn in 2006. To keep up with industrial development, Modern Woollens added 1000 spindles and balanced preparatory machines in 2014, increasing the yearly production capacity of worsted yarn from 1700 tons to 2100 tons. They also introduced a separate sample line for faster development of samples and new shades. The company has gained international recognition for its wool processing expertise and enforces strict quality control in its well-equipped laboratory. Modern Woollens has received numerous awards for its excellence as an exporter of wool and blended worsted yarn. Their products are exported to over 25 countries worldwide, including Europe, Latin America, the Far East, the Middle East, and Africa. The company's export markets contribute to 80% of its turnover, highlighting its commitment to quality standards. The main products offered by Modern Woollens include wool tops, yarns, lanolin, grease, wool noil, and spinning waste.

Legal Address
A-4, Vijay Path,, Tilak Nagar,
Jaipur; Rajasthan; Postal Code: 302004

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Website: http://www.modrenwoollens.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 28, 1980
Key Executives
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Chairman & Managing Director
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Independent Director
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Independent Director
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Non Executive & Non Independent Director
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Non Executive Director
Ownership Details
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65.1%
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17.68%
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11.23%
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4.69%
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1.26%
Company Performance
Financial values in the chart are available after Modern Threads India Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
47.74%
Total operating revenue
47.74%
Operating profit (EBIT)
205.41%
EBITDA
163.73%
Net Profit (Loss) for the Period
218.49%
Total equity
0%
Operating Profit Margin (ROS)
4.77%
Net Profit Margin
4.91%
Return on Equity (ROE)
40.77%

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