About SWIFT Merchandise
SWIFT Merchandise is a company based in Coimbatore (India) founded in 1987. The company has 585 employees. SWIFT Merchandise offers products and services including Knitted Garments and Fabric Processing.
- Headquarter Coimbatore, India
- Employees 585
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Legal Name Swift Textiles Private Limited
- Date of Incorporation 18 Feb, 2020
- Jurisdiction Tirupur, Tamil Nadu, India
- Annual Revenue₹24.27 Cr
FY 2024 · +63% YoY
- Net Profit₹1.05 Cr
FY 2024 · 4% margin
- EBITDA₹1.94 Cr
FY 2024 · 8% margin
- Employee Count585
Associated legal entities of SWIFT Merchandise
SWIFT Merchandise operates through Swift Textiles Private 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 |
|---|---|---|---|---|---|---|---|
| Swift Textiles Private Limited CIN U17299TZ2020PTC033537 | Active | 18 Feb 2020 | Tirupur, Tamil Nadu | ₹24.3 Cr | 585 | 3 | View details |
Products & Services of SWIFT Merchandise
SWIFT Merchandise offers a comprehensive portfolio of products and services, including Knitted Garments and Fabric Processing.
Knitted fashion garments are manufactured and exported using advanced machinery to fulfill customer orders.
Fabric processing services, including dyeing and printing, are provided to support garment production.
Board of directors of Swift Textiles Private Limited (SWIFT Merchandise)
Swift Textiles Private Limited is the primary company behind SWIFT Merchandise. The board of Swift Textiles Private Limited currently have 3 directors; the longest-serving is Palanisamy Gandhi, appointed in 2020. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Palanisamy Gandhi DIN 08703275 | Whole-time director | 18 Feb 2020 | 6 yrs 7 mo | Swift Textiles Private Limited |
| Velusamy Revathi DIN 08703276 | Whole-time director | 18 Feb 2020 | 6 yrs 7 mo | Swift Textiles Private Limited |
| Ridhan DIN 10777236 | Director | 16 Sep 2024 | 2 yrs | Swift Textiles Private Limited |
Financials of SWIFT Merchandise
Figures of Swift Textiles Private Limited, the primary company behind SWIFT Merchandise, for FY 2024. Revenue was ₹24.27 Cr (+63% year on year). Net profit was ₹1.05 Cr (4% margin). EBITDA was ₹1.94 Cr (8% margin). Revenue has grown at a compounded annual rate of +94% over three years.
- ₹24.27 CrRevenue · FY 2024 · +63% YoY
- ₹1.05 CrNet profit · 4% margin
- ₹1.94 CrEBITDA · 8% margin
- ₹1.25 CrPaid-up capital
- 585Employees (provident fund records)
- +94%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Swift Textiles Private Limited are on its company page.
Detailed financial statements for SWIFT Merchandise
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Five-year trends
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Similar companies to SWIFT Merchandise
10 companies that operate in the same segment as SWIFT Merchandise (Textile & Yarn Production), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of regenerated nylon yarn and polymers for textiles and plastics | 1965 | Arco, Trentino-alto Adige, Italy | USD 171.28 M | USD 611.99 M | 2,490 | |
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 | 47,020 | |
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | – | USD 253.24 M | 8,060 | |
Yarns, threads, and craft accessories are manufactured by DMC. | 1746 | Edison, New Jersey, United States | – | – | – | |
CIEL is a Mauritian conglomerate operating in multiple sectors. | 1912 | Ebene, Plaines Wilhems, Mauritius | USD 38.43 M | – | – | |
GHCL Textiles Limited is a leading manufacturer and supplier of yarns, including open-end yarns, ring-spun cotton yarns, blend ring-spun yarns, and... | 1927 | Noida, Uttar Pradesh, India | – | USD 139.52 M | 3,050 | |
Conglomerate having interest in Manufacturing, Finance, Fashion and Telecom. | 1956 | Mumbai, Maharashtra, India | – | USD 15.45 B | 23,055 | |
Industrial thread is manufactured by Coats for global industries. | 1755 | Uxbridge, Greater London, United Kingdom | – | USD 1.49 B | – | |
Textile yarns are manufactured and exported by Sanathan. | 2006 | Mumbai, Maharashtra, India | – | USD 405.87 M | 1,430 |
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Frequently Asked Questions about SWIFT Merchandise
SWIFT Merchandise was founded in 1987.
SWIFT Merchandise is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
SWIFT Merchandise has 585 employees.
The primary company behind SWIFT Merchandise, Swift Textiles Private Limited, reported revenue of ₹24.27 Cr for FY 2024, up 63% year on year.
Swift Merchandise is recognized as a pioneer exporter of high-quality knitted fashion garments, operating four units with 2100 sewing machines and employing 4000 people. A production capacity of 3 million garments per month is maintained, with processes including knitting, cutting, printing, and dyeing. Emphasis is placed on quality control, environmental responsibility, and ethical practices, while products like sweaters, jackets, and hats are offered to meet customer specifications.
SWIFT Merchandise offers Knitted Garments and Fabric Processing.
SWIFT Merchandise operates through Swift Textiles Private Limited.
The legal entities of SWIFT Merchandise currently have 3 directors, including Palanisamy Gandhi, Velusamy Revathi, Ridhan.