Market Reports, Financial Report

SPUNWEB NONWOVEN LTD

Published on 
Author: DISHA PRAFUL SUKHANI
SPUNWEB NONWOVEN LTD

1. Introduction

Company Overview

Out of Rajkot, Gujarat, Spunweb Nonwoven Ltd makes nonwoven materials since starting up in 2015. This Indian firm focuses on polypropylene spunbond fabric for uses like hygiene products, farming gear, medical supplies, and wrapping items. Growth pushed output higher while reaching buyers beyond India's borders too. Though quiet about flash, progress shows through broader operations and overseas reach slowly building.

Industry Overview

Fresh off innovation, Spunweb works where tech meets fabric - think nonwovens built for real-world needs. Driven forward by more people wanting sanitary goods, disposable medical gear, and greener alternatives, momentum builds quietly but steadily. Healthcare priorities climb, industries adapt, pulling demand along like a steady tide. Still, bumps appear when polypropylene prices swing without warning. Throw in fierce worldwide rivalry, and the path gets rocky despite strong footing.

Purpose of the Analysis

A close look at how the firm runs begins with its daily activities, tied closely to results on paper. Numbers tell part of the story, yet standing out in a fast-moving fabric tech field adds pressure. Performance isn’t just about profits - it shows up in market stance too. Growth in specialty textiles shapes what the business can do next. Position matters more when others move faster.

2. Company Overview

Background and History

Early one morning in 2015, Spunweb Nonwoven Ltd came into being with fabric-making as its main purpose. Machines started humming louder each year, pushing output far beyond early expectations. New tools arrived often, quietly replacing older ways of doing things. Homes nearby began using their materials just as foreign orders stacked up at the door.

Business Model

The company earns revenue mainly through:

  • Fabrics that aren’t woven come from a production process. Their distribution follows right after making them
  • Export of technical textile products

Key Products and Services

  • Polypropylene spunbond nonwoven fabric
  • Fabric for hygiene products (diapers, masks)
  • Agricultural and industrial fabric applications

Market Position

A fresh wave of interest in hygiene products keeps Spunweb on its toes, pushing growth across India’s nonwoven landscape. Rivals pop up locally, while bigger names from abroad also step into the ring.


3. Promoter Or Founder Overview

Name Of Promoter / Founder

Mr. Jay D. Kagathara

- Mr. Jay D. Kagathara


Professional Background

Fabric work runs deep in their background, built on years shaping industrial textiles. Machines matter here - new ones, fast ones, kept humming. Selling abroad isn’t an afterthought - it’s where most of the output ends up. Equipment upgrades aren’t rare; they’re routine. Export goals shape decisions more than local demand does.


Role in company growth and strategic decisions

  • Established manufacturing facilities with advanced technology
  • Expanded export footprint across multiple countries
  • Focused on scaling production capacity and efficiency


4. Financial Statement Analysis

Income Statement Analysis

Metric

FY 2025

FY 2024

FY 2023

Revenue (₹ Cr)

226.35

148.61

115.92

Net Profit (₹ Cr)

10.79

5.44

1.13

Revenue Growth YoY

↑ 52.3%

↑ 28.2%

↑ 1.8%

Net Profit Growth YoY

↑ 98%

↑ 382%

Net Profit Margin

~4.8%

~3.7%

~1.0%


Revenue Trend Table (FY23–FY25)

Fiscal Year

Revenue (₹ Crore)

YoY Growth

FY 2023

115.92

↑ 1.8%

FY 2024

148.61

↑ 28.2%

FY 2025

226.35

↑ 52.3%


Revenue Trend Chart (FY23–FY25)

Revenue Trend Chart (FY23–FY25)


Balance Sheet Analysis

Metric

FY 2025

FY 2024

FY 2023

Total Assets (₹ Cr)

182.76

106.58

93.14

Equity / Net Worth (₹ Cr)

45.05

25.77

20.32

Total Debt (₹ Cr)

91.15

48.33

49.51


Key Observations

  • Strong growth in assets and equity 
  • Increase in debt due to expansion 
  • Indicates aggressive scaling strategy 


Cash Flow Statement Analysis

Cash Flow Type

FY 2025

FY 2024

FY 2023

Operating Cash Flow

Positive

Positive

Moderate

Investing Cash Flow

Outflow

Outflow

Outflow

Financing Cash Flow

Inflow

Inflow

Inflow

Key Financial Ratios

Ratio Type

Observation

Profitability

Improving margins

Liquidity

Strong

Leverage

Moderate

Efficiency

Improving


Year on Year Comparison (3 Years)

FY23: Stable growth base

FY24: Strong growth phase

FY25: Continued growth with improving margins


5. Key Insights & Interpretation

Strengths

  • Growing demand in nonwoven segment
  • Strong export presence
  • Improving profitability

Weaknesses

  • Dependence on polypropylene prices
  • Competitive industry

Risk Factors

  • Raw material price volatility
  • Global competition

Future Outlook

Fresh chances are opening up for Spunweb as more people reach for clean, medical-grade fabrics. Growth seems set to roll on, hand in hand with bigger production space.


6. Conclusion

Final evaluation of financial health

Profitability climbs at Spunweb Nonwoven Ltd while the balance sheet holds steady. Growth gains momentum without straining resources.

Investment or performance perspective

A choice that might fit those looking to grow their funds, yet watching supply prices along with market rivals still matters. Despite potential gains, keeping an eye on external pressures stays relevant.

Data Sources: -

https://www.spunweb.com/

https://www.screener.in/company/SPUNWEB/consolidated/


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