About Winsome Knitwear
Winsome Knitwear is an Industrial Goods & Manufacturing company based in Sahibzada Ajit Singh Nagar (India) founded in 2003. It serves as a contract manufacturer for textiles and garments. It operates on a B2B model. The company has 305 employees. Its Indian entity Winsome Yarns Ltd reported revenue of ₹35.64 Cr. Its focus areas include Manufacturing, Textile Manufacturing, Garment Production and Contract Manufacturing. Similar companies include Gokaldas Exports, Shahi and Eastman Exports; 2 of its 3 listed similar companies have raised funding.
Company details
Winsome Knitwear, founded in 2003 in Sahibzada Ajit Singh Nagar, India, focuses on producing manufactured goods, textile manufacturing, garment production, and contract manufacturing. Serves as a contract manufacturer for textiles and garments. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Sahibzada Ajit Singh Nagar, India
- Employees 305
- SectorsIndustrial Goods & Manufacturing
- Website winsomeknitwear.com
- Legal Name Winsome Yarns Ltd
- Date of Incorporation 19 Jul, 1990
- Jurisdiction Chandigarh, India
- Annual Revenue₹35.64 Cr
FY 2023 · -18% YoY
- Net Loss-₹26.42 Cr
FY 2023 · -74% margin
- EBITDA-₹12.55 Cr
FY 2023 · -35% margin
- Employee Count305
Associated legal entities of Winsome Knitwear
Winsome Knitwear operates through Winsome Yarns Ltd, a listed company (under cirp). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Winsome Yarns Ltd Listed CIN L17115CH1990PLC010566 | Under Cirp | 19 Jul 1990 | Chandigarh, Chandigarh | ₹35.6 Cr | 305 | 6 | View details |
Board of directors of Winsome Yarns Ltd (Winsome Knitwear)
Winsome Yarns Ltd is the primary company behind Winsome Knitwear. The board of Winsome Yarns Ltd currently have 4 directors; the longest-serving is Manish Bagrodia, appointed in 1990. 26 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Bagrodia DIN 00046944 | Managing Director | 19 Jul 1990 | 36 yrs 3 mo | Winsome Yarns Ltd |
| Tilak Raj Dembla DIN 02605451 | Director | 05 Aug 2019 | 7 yrs 2 mo | Winsome Yarns Ltd |
| Rajiv Chadha DIN 08793211 | Director | 14 Jul 2020 | 6 yrs 3 mo | Winsome Yarns Ltd |
| Pankaj Mahajan DIN 06994712 | Director | 22 May 2023 | 3 yrs 5 mo | Winsome Yarns Ltd |
Financials of Winsome Knitwear
Figures of Winsome Yarns Ltd, the primary company behind Winsome Knitwear, for FY 2023. Revenue was ₹35.64 Cr (-18% year on year). Net loss was -₹26.42 Cr (-74% margin). EBITDA was -₹12.55 Cr (-35% margin). Revenue has grown at a compounded annual rate of -31% over three years and -36% over five years.
- ₹35.64 CrRevenue · FY 2023 · -18% YoY
- -₹26.42 CrNet loss · -74% margin
- -₹12.55 CrEBITDA · -35% margin
- ₹70.71 CrPaid-up capital
- 305Employees (provident fund records)
- -31%Revenue CAGR, 3 years
- -36%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Winsome Yarns Ltd are on its company page.
Detailed financial statements for Winsome Knitwear
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Similar companies to Winsome Knitwear
Winsome Knitwear has 3 listed similar companies in our database, 2 of them funded. They include Gokaldas Exports, Shahi and Eastman Exports.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gokaldasexports.com | 1979 | Bengaluru, India | 7,111 | Apparel and clothing are manufactured and exported on contract. | ||
| shahi.co.in | 1974 | Faridabad, India | $18.61M | 27,538 | Garments are contract-manufactured by Shahi in apparel production. | |
| eastmanexports.com | 2003 | Tiruppur, India | $57.97M | 4,956 | Apparel products are manufactured under contract in India. |
Detailed similar companies of Winsome Knitwear
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Winsome Knitwear (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 | 47,020 | ||
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 Winsome Knitwear
Winsome Knitwear was founded in 2003.
Winsome Knitwear is headquartered in Sahibzada Ajit Singh Nagar, India. It is registered at Sahibzada Ajit Singh Nagar, Punjab, India.
Winsome Knitwear has 305 employees.
The primary company behind Winsome Knitwear, Winsome Yarns Ltd, reported revenue of ₹35.64 Cr for FY 2023, down 18% year on year.
Winsome Knitwear, founded in 2003 in Sahibzada Ajit Singh Nagar, India, focuses on producing manufactured goods, textile manufacturing, garment production, and contract manufacturing. Serves as a contract manufacturer for textiles and garments. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Winsome Knitwear's top competitors include Gokaldas Exports, Shahi and Eastman Exports.
Winsome Knitwear operates through Winsome Yarns Ltd.
The legal entities of Winsome Knitwear currently have 6 directors, including Manish Bagrodia, Tilak Raj Dembla, Neha Singhal and others.