Gujarat based profitable Non Woven Surgical and Hospitality Items Manufacturer is looking for Growth Partners
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Product / Service
We have 2 product lines
1. Hygiene & Healthcare: Face Masks, Surgical Gowns, Gloves etc
2. Hospitality: Slippers, Laundry Bag, Shower Caps etc
Clientele type
We sell through distributors as well as Direct Sales
Top Indian Hospitals and Hotel chains are our clients.
Detailed list will be shared after signing NDA
Premises
Our premises is located in the outskirts of Ahmedabad.
Our manufacturing setup is spread across 15000 sq ft with dedicated areas for raw materials storage, assembly, stitching, printing, packing and dispatch.
Asking Price Includes
Equity Stake in the Company
Reason
We want to invest in CapEx to expand our manufacturing capacity and grow international business
Other Details
We are a family business with 30 years of history. We started this as the second generation was entering the business. We have a well qualified and experienced team. Most of the core team members are part of the organization and associated with us even before we started this business.
Our business stands out from competitor for two reasons :
1. We have a long set of marquee clients with years of engagement and relationship. Even in recent CoviD times, our client base has grown
2. We are a debt-free company and hence our business is favourable for partnership
Revenues and Other Business Numbers
We have grown year-on-year for last 5 years to reach annual revenues in excess of INR 20 Cr (~$3 Mn)
Despite CoviD, we are expected to see a rise of approx 20-25% in our revenues for FY'21
Our profit margins have always been in double digits which is way more than the industry average
₹10 to ₹200 Cr
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