Sutlej Textiles and Industries is a one‐stop‐shop for all kinds of spun dyed yarn from natural to manmade fibers. Sutlej is one of the largest manufacturers of value added melange yarn in India. For financial year ’16, yarn contributed 96 per cent to revenues and home textiles contributed four per cent.
The company entered home textiles in 2006. It is gradually expanding its capacity in the home textile segment to 9.6 million meters per annum from six million meters at the end of financial year ’16. The segment will contribute Rs 225 crores at full capacity with 20 to 25 per cent EBIDTA margins. The company will spend Rs 350 crores over the next two years on expansion and modernization at existing plants.
Expansion plans for its Rajasthan facility are on track and will be commissioned by the fourth quarter of financial year ’17. The company will spend Rs 270 crores with an expected payback period of four to five years.
Sutlej has 3, 77,688 spindles for yarn manufacturing located at Jammu and Kashmir, Rajasthan and Himachal Pradesh. It has the capacity to manufacture single-ply, double-ply and multi ply grindle, roving grindle core spun, slub and other fancy yarns.
