About Suryodaya Textiles
Suryodaya Textiles is an Industrial Goods & Manufacturing company based in Meerut (India) founded in 2004. It produces high-quality organic and conventional carded yarns using advanced technology. It operates on a B2B model. The company has 229 employees. Its Indian entity Suryodaya Textiles Limited reported revenue of ₹54.87 Cr. Its focus areas include Manufacturing, Textiles, Yarn Production and Organic and Conventional. Its competitors include Bewakoof and Styched; 2 of its 2 listed competitors have raised funding.
Company details
Suryodaya Textiles produces high-quality organic and conventional carded yarns using advanced technology through producing manufactured goods, textiles, yarn production, and organic and conventional. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Meerut, India
- Employees 229
- SectorsIndustrial Goods & Manufacturing
- Website suryodayatextiles.com
- Legal Name Suryodaya Textiles Limited
- Date of Incorporation 16 Dec, 2004
- Jurisdiction Meerut, Uttar Pradesh, India
- Annual Revenue₹54.87 Cr
FY 2024 · -29% YoY
- Net Profit₹3.75 Cr
FY 2024 · 7% margin
- EBITDA₹3.74 Cr
FY 2024 · 7% margin
- Employee Count229
Associated legal entities of Suryodaya Textiles
Suryodaya Textiles operates through Suryodaya Textiles Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Suryodaya Textiles Limited CIN U17301UP2004PLC029336 | Active | 16 Dec 2004 | Meerut, Uttar Pradesh | ₹54.9 Cr | 229 | 4 | View details |
Board of directors of Suryodaya Textiles Limited (Suryodaya Textiles)
Suryodaya Textiles Limited is the primary company behind Suryodaya Textiles. The board of Suryodaya Textiles Limited currently have 3 directors; the longest-serving is Puneet Dewan, appointed in 2004. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Puneet Dewan DIN 00197719 | Managing Director | 16 Dec 2004 | 21 yrs 10 mo | Suryodaya Textiles Limited |
| Prashant Jha DIN 06573299 | Director | 28 Mar 2022 | 4 yrs 7 mo | Suryodaya Textiles Limited |
| Shiven Dewan DIN 10269681 | Director | 07 Aug 2023 | 3 yrs 3 mo | Suryodaya Textiles Limited |
Financials of Suryodaya Textiles
Figures of Suryodaya Textiles Limited, the primary company behind Suryodaya Textiles, for FY 2024. Revenue was ₹54.87 Cr (-29% year on year). Net profit was ₹3.75 Cr (7% margin). EBITDA was ₹3.74 Cr (7% margin). Revenue has grown at a compounded annual rate of +4% over three years and -1% over five years.
- ₹54.87 CrRevenue · FY 2024 · -29% YoY
- ₹3.75 CrNet profit · 7% margin
- ₹3.74 CrEBITDA · 7% margin
- ₹16.25 CrPaid-up capital
- 229Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- -1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Suryodaya Textiles Limited are on its company page.
Detailed financial statements for Suryodaya Textiles
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Competitors of Suryodaya Textiles
Suryodaya Textiles has 2 listed competitors in our database, 2 of them funded. They include Bewakoof and Styched.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bewakoof.com | 2011 | Mumbai, India | $39.49M | 161 | Multi-category fashion products are sold by an internet-first brand. | |
| styched.in | 2019 | Bengaluru, India | $925,098 | Multi-category fashion for men and women is offered online. |
Detailed competitors of Suryodaya Textiles
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Suryodaya Textiles (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 193 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about Suryodaya Textiles
Suryodaya Textiles was founded in 2004.
Suryodaya Textiles is headquartered in Meerut, India. It is registered at Meerut, Uttar Pradesh, India.
Suryodaya Textiles has 229 employees.
The primary company behind Suryodaya Textiles, Suryodaya Textiles Limited, reported revenue of ₹54.87 Cr for FY 2024, down 29% year on year.
Suryodaya Textiles produces high-quality organic and conventional carded yarns using advanced technology through producing manufactured goods, textiles, yarn production, and organic and conventional. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Suryodaya Textiles operates through Suryodaya Textiles Limited.
The legal entities of Suryodaya Textiles currently have 4 directors, including Shiven Dewan, Ayushi Aggarwal, Prashant Jha and others.