Ruby Mills Ltd Management Discussions

- Textiles Division The Ruby Mills Limited Industry Overview

The Indian textile industry remains a foundational pillar of the countrys manufacturing ecosystem, contributing significantly to employment and value creation. With a strong and growing domestic consumption base · driven by demographics, urbanization, and evolving fashion preferences · the sector is poised for steady expansion.

I ndia enjoys a robust raw material base, including cotton, polyester, and viscose, which supports a diverse range of manufacturing activities. The industrys shift toward value-added fabrics, branded products, and functional textiles is expected to sustain long-term growth momentum.

Company Performance

The Ruby Mills Limited, with its legacy of 107 years in the Indian textile landscape, continues to build on its core values of quality, innovation, and resilience. During the year, the company undertook significant strategic steps to strengthen its position in the market. These include:

• Team Expansion:

Recognizing the need for a deeper talent pool, Ruby significantly scaled up its workforce, attracting new talent and upskilling internal teams across manufacturing, R&D, and marketing functions.

• Product Diversification:

Going beyond the traditional white shirting that Ruby has long been associated with, the company has diversified into newer segments including fashion-forward fabrics, eco-conscious textiles, and functional fabrics that cater to evolving consumer preferences.

• Capacity Augmentation:

In response to sustained demand across product categories, production capacities were enhanced. Investments were made in state-of-the-art equipment to boost output, improve quality consistency, and ensure operational efficiency.

Segment and Product Expansion

Rubys transformation journey saw the addition of newer fabric blends, finishes, and high-performance textiles aimed at niche and premium markets. The increasing demand from domestic brands and private labels allowed Ruby to capture additional market share while continuing to serve its longstanding wholesale network.

Strategic Direction

The management remains committed to value-driven growth through a combination of:

• Strengthening core operations

• Investing in sustainable technologies

• Deepening customer relationships

• Expanding exports through new markets

• Enhancing design and R&D capabilities

Outlook

Looking ahead, the textiles sector is expected to benefit from the ongoing China+1 sourcing strategy, which favours Indian manufacturers with integrated capabilities. Rising global demand for sustainable and blended fabrics is also likely to play to Rubys strengths, especially with its expertise in such categories.

Ruby Mills, with its rich legacy, customer-centric approach, and strategic agility, is well-positioned to leverage upcoming opportunities. With a sharper focus on brand partnerships, operational efficiencies, and continued product innovation, the company aims to not only grow its topline but also strengthen its reputation as a modern, agile, and future-ready textile powerhouse.