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Vishal Fabrics adds new denim line

16 Apr 2022 Evaluate

Vishal Fabrics has added a new denim line which commenced operation at the end of March 2022 with a total capacity of 10 Mn Mtr per annum. Further, the company plans to add 2nd denim line with 10 Mn Mtr per annum capacity which will commence at the start of H2FY23. The company currently has 8 existing denim lines with an annual capacity of 80 Mn Mtr per annum. With these additional 2 lines, annual capacity will increase to 100 Mn Mtr per annum at Dholi Unit. These investments are expected to increase the revenue by around Rs 160 crore/per line considering the full year of operation.

The total capex will be around Rs 30 crores and will be funded by internal accruals. The capex for these lines directly ramps up production of Denim Fabric without incurring any additional capex for any other process/machinery. With these two additional new lines, the company will be able to cater to domestic and export demand for Denim fabric.

Vishal Fabrics is a denim manufacturing and fabric processing unit that was incorporated in 1985. Vishal Fabrics is a reputed entity that is known for dyeing, printing and processing of denim, and other wide range of fabrics.

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