E-Land Apparel Limited

BSE: 532820
E-Land Apparel Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN L17110KA1997PLC120558 Incorporated 31 March 1997 ROC Bangalore HQ Bangalore, Karnataka, India
Active Listed - BSE: 532820 Public Limited Company manufacturing MSME · Medium
Data last updated
Market Cap
₹48.47 Cr
ELAND · BSE
Share Price
₹10.00
-0.99% today
Revenue
₹261 Cr
FY 2025-26 · -13.1% YoY
EBITDA
−₹27.31 Cr
Margin -10.5%
Net Profit
−₹46.88 Cr
FY 2025-26 · -443.2% YoY
Authorised capital
₹60.01 Cr
Registered with MCA
Paid-up capital
₹47.99 Cr
Issued & subscribed
Open charges
₹37 Cr
Satisfied ₹2,081.87 Cr

About E-Land Apparel Limited

Data last updated:

E-Land Apparel Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of E-Land Asia Holdings Pte Ltd. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 31 March 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L17110KA1997PLC120558. Its GSTIN is 29AACCM6461E1ZF (Karnataka). The company holds 4 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532820. Its shares were delisted from NSE on 01 Oct 2019 · voluntary delisting.

The company has an authorised share capital of ₹60.01 Cr and a paid-up capital of ₹47.99 Cr. It was formerly known as Mudra Lifestyle Limited and Bombay Fine Fabrics Private Limited. It is led by directors including Dongju Kim (Managing Director) and Woo Sang Kim (Whole-Time Director).

Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at #16/2B Sri Vinayaka Indl Estate Singasandra Near Dakshin Honda Showroom House Road, Bangalore, Karnataka, India – 560068.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹261 Cr, a decline of 13.1% compared to the previous year. For the same year it recorded a net loss of ₹46.88 Cr (net margin -18%) and EBITDA of -₹27.31 Cr (EBITDA margin -10.5%). Total assets are valued at ₹191.94 Cr (up 24.6% YoY).

The company has about 2,115 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: E-Land Apparel. As per MCA filings, the company has open charges of ₹37 Cr and satisfied charges of ₹2,081.87 Cr on record. Court records list 97 cases involving the company, including 27 filed by the company and 70 filed against it; 8 cases are pending. The company has 18 deals on record (14 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹14.4 Cr; the latest was in August 2025. Its 8 peer companies in the Manufacturing industry (Apparel, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 smaller; the largest is Avani Textiles Limited with revenue of ₹315.03 Cr.

E-Land Apparel Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0002636). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elandapparel.com.

Company details

CIN L17110KA1997PLC120558
Registration Number 120558
Incorporation Date 31 March 1997
ROC Bangalore
Listing Status Listed - Listed on BSE (532820); Delisted from NSE on 01 Oct 2019 · voluntary delisting
Company Status Active
Date of Last AGM 28 August 2025
Date of Balance Sheet 31 March 2026
Parent Company E-Land Asia Holdings Pte Ltd
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0002636

Name history

E-Land Apparel has undergone 3 name changes throughout its history. The company was previously known as Mudra Lifestyle Limited, Bombay Fine Fabrics Private Limited, and Mudra Textiles Private Limited. The current legal name is E-Land Apparel Limited.

Company NameStatus
E-Land Apparel LimitedCurrent
Mudra Lifestyle LimitedPrevious
Bombay Fine Fabrics Private LimitedPrevious
Mudra Textiles Private LimitedPrevious

CIN history

E-Land Apparel has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17110KA1997PLC120558, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L17110KA1997PLC120558Current
L17110MH1997PLC106945Previous
U17110MH1997PLC106945Previous
Key People
Dongju Kim Managing Director Woo Sang Kim Whole-Time Director Maggie Thomas Kajjer Director

Recognitions & Rankings of E-Land Apparel

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0002636

Contact details

E-Land Apparel Limited's registered office is in Bangalore, Karnataka. Its website is elandapparel.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    elandapparel.com
  • Registered Address
    #16/2B Sri Vinayaka Indl Estate Singasandra Near Dakshin Honda Showroom House Road, Bangalore, Karnataka, India – 560068
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of E-Land Apparel Limited, buy the company report.

Comprehensive company report
E-Land Apparel Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

E-Land Apparel operates one associated brand: E-Land Apparel. Each brand links to its own profile.

BrandDescriptionWebsite
E-Land Apparel
Textiles are manufactured by E-Land Apparel in India.elandapparel.com

Business activity

The main business activity of E-Land Apparel is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of E-Land Apparel Limited, buy the company report.

Financials of E-Land Apparel Limited

FY 2025-26 filings available

E-Land Apparel Limited reported revenue of ₹261 Cr (down 13.1% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹261 Cr
-13.1% YoY
EBITDA
−₹27.31 Cr
-253.9% YoY
Profit After Tax
−₹46.88 Cr
-443.2% YoY
Net Worth
−₹532 Cr
-9.8% YoY
Total Assets
₹192 Cr
+24.6% YoY
Total Debt
₹188 Cr
+123.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue261300215230178121149
Revenue growth-13.1%+39.5%-6.5%+29.7%+46.5%-18.8%-
EBITDA(27.31)17.7511.8913.544.91(5.29)(2.93)
EBITDA margin-10.5%+5.9%+5.5%+5.9%+2.8%-4.4%-2.0%
Profit before tax(43.93)10.27(39.82)(39.87)(28.59)(53.00)(52.42)
Net profit(46.88)13.66(39.76)(39.89)(39.84)(53.00)(52.14)
Net profit margin-18.0%+4.6%-18.5%-17.3%-22.4%-43.7%-34.9%
EPS (₹)(9.86)2.85(8.30)(8.31)(5.96)(11.04)(10.92)
Balance sheet
Total assets19215413611910780.1686.99
Net worth(532)(485)(499)(458)(419)(411)(359)
Total debt18884.4963.0549.5449.7359.8453.98
Cash & bank2.513.1317.1411.847.856.692.50
Net working capital(10.35)32.2635.5929.7114.086.5813.91
Cash flow
Cash from operations3.24(3.05)17.724.5314.994.8414.34
Cash from investing(38.38)(6.08)(6.08)(0.74)(2.84)(3.62)(17.73)
Cash from financing33.17(1.87)(9.34)0.20(10.99)3.17(1.09)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue75.6088.5565.9933.7572.7110467.2544.39
Revenue growth (YoY)+4.0%-14.5%-1.9%-24.0%-14.7%---
Other income2.502.372.632.372.132.942.342.06
Total expenses80.6289.9775.5147.2175.6299.2562.9844.18
EBITDA(5.02)(1.42)(9.52)(13.46)(2.91)4.314.270.21
EBITDA margin-6.6%-1.6%-14.4%-39.9%-4.0%+4.2%+6.3%+0.5%
Depreciation3.063.022.903.292.131.221.631.39
Interest3.354.882.695.052.152.411.851.22
Profit before tax(8.93)(6.95)(12.48)(19.43)(5.06)3.623.13(0.34)
Tax0.003.390.000.000.00(3.39)0.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 02 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue75.6088.5565.9933.7572.7110467.2544.39
Revenue growth (YoY)+4.0%-14.5%-1.9%-24.0%-14.7%---
Other income2.502.372.632.372.132.942.342.06
Total expenses80.6289.9775.5147.2175.6299.2562.9844.18
EBITDA(5.02)(1.42)(9.52)(13.46)(2.91)4.314.270.21
EBITDA margin-6.6%-1.6%-14.4%-39.9%-4.0%+4.2%+6.3%+0.5%
Depreciation3.063.022.903.292.131.221.631.39
Interest3.354.882.695.052.152.411.851.22
Profit before tax(8.93)(6.95)(12.48)(19.43)(5.06)3.623.13(0.34)
Tax0.003.390.000.000.00(3.39)0.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue261300215230178121149
Revenue growth-13.1%+39.5%-6.5%+29.7%+46.5%-18.8%-
Other income9.499.957.112.1516.873.283.13
Total expenses288283204217173127152
Employee cost0.0072.7958.1053.9145.1740.6754.17
EBITDA(27.31)17.7511.8913.544.91(5.29)(2.93)
EBITDA margin-10.5%+5.9%+5.5%+5.9%+2.8%-4.4%-2.0%
Depreciation11.345.584.904.603.834.184.39
Interest14.7711.8553.9250.9646.5446.8148.23
Profit before tax(43.93)10.27(39.82)(39.87)(28.59)(53.00)(52.42)
Tax3.39(3.39)0.000.000.000.000.00
Net profit(46.88)13.66(39.76)(39.89)(39.84)(53.00)(52.14)
Net profit margin-18.0%+4.6%-18.5%-17.3%-22.4%-43.7%-34.9%
EPS (₹)(9.86)2.85(8.30)(8.31)(5.96)(11.04)(10.92)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital47.9947.9947.9947.9947.9947.9947.99
Reserves & surplus(580)(533)(547)(506)(467)(459)(407)
Shareholders' funds (net worth)(532)(485)(499)(458)(419)(411)(359)
Secured loans64.4817.510.000.000.000.000.00
Unsecured loans12466.9863.0549.5449.7359.8453.98
Total debt18884.4963.0549.5449.7359.8453.98
Total liabilities19215413611910780.1686.99
Assets
Gross block20414111397.9999.5959.9460.07
Net block16511697.9084.8988.7348.3750.88
Capital work in progress31.440.000.000.130.0020.0617.27
Investments0.010.010.010.120.150.370.14
Inventories32.3833.0719.1317.2923.0116.3215.82
Sundry debtors39.1949.5525.4023.0619.8018.2516.76
Cash & bank balances2.513.1317.1411.847.856.692.50
Loans & advances27.1223.1715.7813.4517.356.7610.99
Total current assets10110977.4565.6468.0148.0246.07
Total current liabilities11276.6641.8635.9353.9341.4432.16
Net working capital(10.35)32.2635.5929.7114.086.5813.91
Total assets19215413611910780.1686.99
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.0614.0611.777.796.632.246.71
Net cash from operating activities3.24(3.05)17.724.5314.994.8414.34
Net cash from investing activities(38.38)(6.08)(6.08)(0.74)(2.84)(3.62)(17.73)
Net cash from financing activities33.17(1.87)(9.34)0.20(10.99)3.17(1.09)
Net change in cash(1.97)(11.01)2.293.991.164.39(4.47)
Closing cash2.513.1317.1411.847.856.692.50
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-13.1%+39.5%-6.5%+29.7%+46.5%-18.8%-
EBITDA growth-253.9%+49.3%-12.2%+175.8%+192.8%-80.6%-
PBT growth-+9998.0%+0.1%-39.5%+46.1%-1.1%-26.3%
Net income growth-443.2%+134.4%+0.3%-0.1%+24.8%-1.7%-
Revenue CAGR (3Y)+4.3%+19.2%+21.1%+15.5%+1.1%-12.9%-11.5%
EBITDA CAGR (3Y)-+53.5%----54.5%-59.3%
Profitability & leverage
Net income margin-18.1%+4.6%-18.5%-17.3%-16.1%-43.7%-35.1%
Return on capital employed-+4.1%0.0%0.0%0.0%0.0%0.0%
Return on net worth--13.8%0.0%0.0%0.0%0.0%0.0%
Debt / equity-0.000.000.000.000.000.00
Long-term debt / equity-0.000.000.000.000.000.00
Interest cover-38.2197.37771.39570.024,309.26-494.30-658.88
Efficiency & per share
Fixed asset turnover-3.072.823.292.882.152.76
Inventory turnover-11.5111.8311.439.037.549.27
Debtors turnover-8.028.8910.749.336.928.27
EPS (₹)(9.86)2.85(8.30)(8.31)(5.96)(11.04)(10.92)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.00(107.02)(109.89)(101.54)(93.22)(87.26)(74.72)

To see the full year-wise statements and ratios of E-Land Apparel Limited, buy the company report.

Board of directors of E-Land Apparel Limited

E-Land Apparel has 3 current directors and 36 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dongju Kim
Also directs: E-Land Fashion India Private Limited, E-Land Systems India Private Limited
Managing Director06 Feb 20233 Years 8 MonthsCurrent
Maggie Thomas KajjerDirector29 May 20251 Years 5 MonthsCurrent
Woo Sang KimWhole-Time Director15 Apr 20260 Years 6 MonthsCurrent
View all directors

Peer comparison

E-Land Apparel Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Apparel, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Avani Textiles Limited₹315.03 Cr (FY 2025)-3.0%Sangrur, Punjab, India
G M Fabrics Private Limited₹312.3 Cr (FY 2023)9.0%Mumbai, Maharashtra, India
Vardhman Polytex Ltd₹311.07 Cr (FY 2025)-22.0%Ludhiana, Punjab, India
Shri Siddhi Vinayaga Tex India Private Limited₹310.6 Cr (FY 2025)18.0%Tirupur, Tamil Nadu, India
Premchand Jute & Industries Private Limited₹308.18 Cr (FY 2024)10.0%Kolkata, West Bengal, India
Jinendram Texspin Private Limited₹306.66 Cr (FY 2025)45.0%Malegaon, Maharashtra, India
Ammayapper Textiles Private Limited₹305.61 Cr (FY 2024)-16.0%Thiruvallur, Tamil Nadu, India
The Suminter Organic and Fair Trade Cotton Ginning Mill Private Limited₹304.77 Cr (FY 2022)19.0%Mumbai, Maharashtra, India
E-Land Apparel Limitedthis company₹261 Cr (FY 2026)-₹46.88 Cr-18%-13.1%2,115Bangalore, Karnataka, India

To see the full peer comparison of E-Land Apparel Limited, buy the company report.

Auditor

E-Land Apparel Limited is audited by Hinesh Doshi & Co. LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Hinesh Doshi & Co. LLPFY 2023103677W/W100056

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 65.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 34.20%.

Promoters: 65.80%Retail & Others: 34.20%
Mar 2026
QUARTER
65.80% Promoters
34.20% Retail & Others
Promoter holding - history
Now 65.80% · Mar 2026High 65.80% · Jun 2025Low 65.80% · Jun 2025
64%64.8%65.5%66.3%67%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 65.80%Sep 2025: 65.80%Dec 2025: 65.80%Mar 2026: 65.80%65.80%65.80%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters65.80%65.80%65.80%65.80%
Public34.20%34.20%34.20%34.20%

Charges & borrowings

Open charges
₹37 Cr
Satisfied charges
₹2,081.87 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹37.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Apr 2025101095431Hdfc Bank Limited₹37 CrOpen
26 Mar 2022100564441Others₹4 CrSatisfied
08 Dec 201510610816Sbicap Trustee Company Limited₹55 CrSatisfied
27 Nov 201410536521Sbicap Trustee Company Limited₹473.17 CrSatisfied
22 Nov 201310466026Sbicap Trustee Company Limited₹473.17 CrSatisfied

To see the full charge records of E-Land Apparel Limited, buy the company report.

Total charge records: 28 View all charges

Deals & funding

E-Land Apparel Limited has 18 deals on record (14 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹14.4 Cr; the latest was in August 2025.

Total deals
18
Market trades
14
Funding round
1
Secondary share transfer
1
Acquisition
1
Disclosed funding
₹14.4 Cr

Deals on record (5 of 18)

WhenDealAmountParties
Aug 2025Market trade₹72.7 LakhBuyer: Neo Apex Venture LLP
Apr 2015Market trade₹61 LakhSeller: JRM Share and Stock Brokers Private Limited
Apr 2015Market trade₹74 LakhSeller: Lts Investment Fund Ltd
Mar 2011Market trade₹3.65 CrBuyer: Ecap Securities and Investments Limited
Seller: Edelcap Securities Limited
Jun 2010Market trade₹72.9 LakhSeller: Gateway Vinimay Private Limited

To see the full deal history of E-Land Apparel Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

E-Land Apparel Limited was last rated by Brickwork on 03 Aug 2020.

Rating agencyRated onRating
Brickwork03 Aug 2020

To see the full credit ratings and regulatory alerts of E-Land Apparel Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for E-Land Apparel Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

E-Land Apparel Limited has a workforce of 2,115 employees on its EPFO records as of Apr 08, 2024, across 3 active EPFO establishments.

Employee count
2,115
Active EPFO establishments
3
Employee growth
-5.2%

GST

E-Land Apparel has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AACCM6461E1ZFKarnatakaActive01 Jul 2017
27AACCM6461E1ZJMaharashtraActive01 Jul 2017
09AACCM6461E1ZHUttar PradeshActive17 Dec 2024

To see the full GST registrations and return filing status of E-Land Apparel Limited, buy the company report.

Recent activity

E-Land Apparel Limited has 62 board changes on record since 2006: 34 appointments and 28 cessations. The latest: Woo Sang Kim was appointed as Whole-Time Director on 15 Apr 2026.

Appointed
Woo Sang Kim was appointed as Whole-Time Director.
Filing
E-Land Apparel Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 37.00 Cr registered on 24 Apr 2025 with Charge ID 101095431 was modified on 04 Feb 2026.
AGM
E-Land Apparel Limited last Annual general meeting of members was held on 28 Aug 2025 as per latest MCA records.
Ceased
Elizabeth Ravi ceased to be Director.
Appointed
Maggie Thomas Kajjer was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 37.00 Cr with Charge ID 101095431 was registered on 24 Apr 2025.
Charges
A charge registered on 26 Mar 2022 via Charge ID 100564441 with Others was fully satisfied on 20 Nov 2024.
Appointed
Heegu Shin was appointed as Whole-Time Director.
Ceased
Chong Tae Baek ceased to be Director.
Ceased
Sivabalan Paul Pandian ceased to be Director.
Appointed
Guy Deuk Yeon was appointed as Director.

119 earlier events are in the company report.

News

Frequently asked questions

E-Land Apparel is an active public limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 31 March 1997 (29+ years old) and is registered under CIN L17110KA1997PLC120558. Listed on BSE: 532820.

E-Land Apparel reported revenue of ₹261 Cr for FY 2025-26 (down 13.1% YoY) based on standalone financials.

E-Land Apparel has 3 current directors:

The latest financial statements of E-Land Apparel on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 28 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of E-Land Apparel is 29AACCM6461E1ZF, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCM6461E1ZJ (Maharashtra), 09AACCM6461E1ZH (Uttar Pradesh).

The CIN (Corporate Identification Number) of E-Land Apparel is L17110KA1997PLC120558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. E-Land Apparel is a listed company as per MCA records. Its shares are listed on BSE (code: 532820). Its shares were delisted from NSE on 01 Oct 2019 · voluntary delisting.

E-Land Apparel has 97 court cases on record: 27 filed by the company and 70 filed against it. 8 are pending. Most are in the district courts.

E-Land Apparel was incorporated on 31 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.

E-Land Apparel has 18 deals on record (14 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹14.4 Cr; the latest was in August 2025.

The peers of E-Land Apparel by revenue are Avani Textiles Limited, G M Fabrics Private Limited, Vardhman Polytex Ltd, Shri Siddhi Vinayaga Tex India Private Limited, Premchand Jute & Industries Private Limited and 3 more, all in the Manufacturing industry (Apparel, Textiles), with the same principal business activity (textile, leather and other apparel products).