Swaraj Suiting Limited

Introduction:
A factory started in India back in 2003 now shifts gears slowly. Once focused on cloth made in Bhilwara, sent off to big names such as Arvind Limited. This time, fresh buildings rise in Neemuch, pulling every step under one roof - spinning cotton right through to tough denim rolls. Numbers on paper tell what has happened so far, drawing attention from those who watch where money might go next.
Industry Overview:
Millions find work because of how big the textile business has grown across India. Cotton fields stretch wide, feeding factories that churn out cloth and clothing at scale. Backed by efforts like the PLI initiative, production gets a boost without fanfare. Newer moves such as the PM MITRA plan add another layer to support growth behind the scenes.
Purpose of the Analysis:
Looking at Swaraj Suiting Limited helps show where it stands financially. Through its balance sheets and income reports, clues emerge about earnings and costs. Revenue trends appear alongside shifts in what the business owns and owes. Profit patterns tell part of the story too. Growth chances within fabric making come into view when numbers are traced over time
Company Overview
Background and History:
Started in 2003, Swaraj Suiting Limited works in India's fabric industry. At first, it focused on making raw and processed cloth for bedding plus innerwear. Bhilwara hosts its main factory - known widely as a hub for weaving and dyeing. Earlier work often meant crafting material for others, such as Arvind Limited, who would then finish the products.
Business Model:
One step at a time, Swaraj Suiting Limited builds around making textiles and treating fabrics. Not long ago, their work centered on supplying material to fellow cloth makers. Today things shift - control over each phase matters more, stretching from raw cotton through to finished denim rolls. Progress takes shape in Neemuch, where fresh factories rise without hurry but with purpose. Efficiency finds room to grow when steps link tightly under one roof.
Key Services:
Grey Fabric Production
Finished Fabric Manufacturing
Denim Fabric Processing
Job-Work Textile Manufacturing
Integrated Textile Production (Spinning to Fabric Processing)
Market Position:
One face in India’s textile world could be Trident Texofab Limited. Not the largest player, still it stands firm beside others nearby. Focused mostly on polyester-based fabrics, also crafting everyday home items - bedspreads, towels. Though based in one region, its reach stretches past India’s edges. From local roots, threads spread outward. One shop at a time, then across borders, it moves without fanfare. Not fast, not flashy - just thread after thread adding up.
- Promoter or Founder Intro

Mohammed Sabir Khan

Nasir Khan

Samar Khan
Name of Promoters / Founders – Swaraj Suiting Limited
- Mohammed Sabir Khan is the Managing Director and main promoter of the company.
- Samar Khan and Nasir Khan are also promoters involved in managing the company’s operations.
⮚ Role in Company Growth
Out front, Mohammed Sabir Khan shapes how the company moves forward and where it aims to grow. Day by day, Samar Khan keeps things running smoothly on the floor and oversees what gets made. Nasir Khan steps in behind the scenes to make sure resources are used wisely. One piece at a time, their combined work builds lasting progress in fabric manufacturing.
Financial Statement Analysis
Income Statement Analysis – Swaraj Suiting Limited
Metric | FY2025 | FY2024 |
|---|---|---|
Revenue from Operations | ₹41,656.84 lakh | ₹31,958.84 lakh |
Total Income | ₹41,836.39 lakh | ₹32,551.12 lakh |
Net Profit After Tax | ₹3,331.65 lakh | ₹1,819.61 lakh |
⮚ Key Observations of Income Statement
Revenue Growth
The company’s revenue increased from ₹31,958.84 lakh to ₹41,656.84 lakh.
This shows strong growth in sales and business operations.
Profit Growth
Net profit increased from ₹1,819.61 lakh to ₹3,331.65 lakh.
This indicates improvement in profitability and business performance.
⮚ Revenue Chart

⮚ Balance Sheet Analysis
As of FY2025 –
● The company’s total assets increased to ₹57,000.26 lakh, compared to ₹35,531.17 lakh in FY2024.
● Share capital increased to ₹2,201.83 lakh, while reserves reached ₹13,053.40 lakh.
● Long-term borrowings stood at ₹18,875.45 lakh and short-term borrowings at ₹7,908.88 lakh.
● Current assets include inventories of ₹13,951.23 lakh and trade receivables of ₹10,085.77 lakh.
⮚ Key Financial Ratios (Indicative)
Ratio Type | Observation |
|---|---|
Profitability | Profit has increased significantly compared to the previous year. |
Liquidity | The company has sufficient current assets to manage short-term obligations. |
Leverage | The company uses external borrowings for expansion and asset growth. |
Efficiency | Increasing assets indicate expansion but require efficient utilization. |
⮚ Year-on-Year Comparison
● FY2024: Revenue was ₹31,958.84 lakh and net profit was ₹1,819.61 lakh. The company maintained stable operations.
● FY2025: Revenue increased to ₹41,656.84 lakh and profit reached ₹3,331.65 lakh, showing strong business growth and improved profitability.
- Key Insights and Interpretation
Strengths
- Integrated fabric production growth
- Strategic position within the Bhilwara textile cluster
- Established expertise in fabric production
- Business connections with Arvind Limited
Weaknesses
- Previous reliance on job work
- Significant expansion expenses
- Unpredictable raw material prices
Risk Factors
- Cotton price instability
- Intense competition in the industry
- Variability in demand levels
Future Outlook
- Increase in production capabilities
- Rising demand for denim and cotton fabrics
- Improved profit margins through integration
Future Outlook:
- Focus on integrated textile manufacturing.
- Rising demand for denim and cotton fabrics.
- Expansion of manufacturing facilities.
- Expected better efficiency and profitability.
- Conclusion
A fabric maker called Swaraj Suiting Limited works in India’s textile industry, focusing on making and treating cloth materials. Moving forward, it’s expanding into full-cycle garment production - this shift may streamline workflows while increasing output strength across units.
A rise in earnings, gains, and holdings shows the firm is growing. Growth seems likely overall, yet hurdles remain such as shifting input prices along with market rivalry.
- Source:
https://www.swarajsuiting.com/