SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Aditya Birla Nuvo eyeing for a turnover of Rs 750-800 crore for textile division in next 4-5 years

20 Aug 2011 Evaluate

Diversified Aditya Birla Nuvo is expecting its textile division turnover to grow to Rs 750-800 crore in next four-five years from the present Rs 300 crore. The textiles business of Aditya Birla Nuvo which manufactures linen fabric and yarn, is operated by Jaya Shree Textiles, a wholly-owned unit of the company.

Aditya Birla Nuvo has retail stores under the brand Linen Club, which retails fabric and ready-made garments. It plans to open 14 new outlets in the current fiscal year from 46 currently and going further in the next 5 years the company plans to have 200 stores.

Further, the company is planning a promotion campaign for Linen Club and has outlined a capital expenditure of 150 million rupees for the current financial year. Aditya Birla also plans to hike linen fabric capacity by 30-40 percent over the next 2 years.

Aditya Birla Nuvo is a diversified conglomerate and the platform that has launched many new businesses for India’s premier business house, the Aditya Birla Group. It has a balanced portfolio of traditional and new age businesses under its fold, ranging from textiles to life insurance.

Peers
Company Name CMP
Grasim Industries 2711.25
DCM Shriram 1116.45
3M India 31282.10
Hindustan Foods 504.80
Balmer Lawrie & Co 168.20
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×