The 5-year analysis of Soma Textiles & Industries Ltd's performance infers:
We analysed the performance of Soma Textiles & Industries Ltd share prices over the last 10 years. Here is what we found out:
Soma Textiles & Industries Limited, established in 1940 and a Somany Group company is a $40 Million Textile company with integrated manufacturing facilities for all its product groups. It is a 36 year old company head-quartered in Ahmedabad, India having factories in Ahmedabad and Baramati.
It is a professionally managed company headed by Managing Director Arvind Somany and guided by their Chairman S K Somany.
Soma textiles has been in the field of manufacturing of the fabrics since
Soma textiles has been in the field of manufacturing of the fabrics since 1969 with a major focus on domestic market. It started the operation with one range of Sucker Mulluar and equivalent set of other plant and machineries. Looking in to changing business dynamics coupled with philosophy of entering it to the international league, the company has gone for expansion and installed Benniger Dyeing and sizing range with state of the art Toyota most modern air jet looms. So its current installed capacity has been 18 Million Mtrs per annum.
A team of highly qualified professionals manages the day to day affairs of the company. It is guided by the belief â€œCustomer Firstâ€ in its practices. In that direction its corporate philosophy is - â€œInnovate & Produce only the Best in accordance with Consumer Preferences at Right Price and in Right Timeâ€.
Obsession with innovation and customer orientation helped it not only in sailing through rough weathers of globalization but emerged as a strong player in this competitive environment.
It produces wide range of shirting and bottom-wear categories in 100% cotton, polyester cotton blends and poly-cottons. It provides these finished fabrics in piece dyed, bleach and ready to dye (RFD) varieties. These fabrics are manufactured in plain, twill, satin weaves and various dobby designs.
Product range of the company includes:
The company is into manufacturing and marketing of following products