Ruby Mills Ltd Summary
The Ruby Mills Limited (TRML), incorporated in 1917, is a composite Textile Mill engaged in manufacture of Cotton/Blended Yarn and Fabric. It has 3 plants at Mumbai, Village Dhamni & Village Kharsundi, at Khopoli, Taluka Khalapur, Dist. Raigad.
The Companys entire Spinning & Weaving plants are at Village Dhamni and fabric processing activity at Mumbai which is being shifted at Village Kharsundi, Khopoli. Ruby Impex is the wholly owned subsidiary of the company.Since its incorporation in 1917, the Company has navigated multiple economic and industry cycles while strengthening its reputation, relationships, and technical expertise.The operational performance of the company in 1994-95 was adversely affected on account of the steep increase in the prices of polyester staple fibre (PSF) (which increased by 22%), viscose staple fibre (VSF) (by 41%) and cotton (by 60%). The production was adversely affected for 5 months due to the acute shortage of VSF.
As a modernisation plan, the company purchased 30 Sulzer looms and replaced its 50 Cimmco autolooms and 36 wider Picanol looms.In order to achieve deeper market penetration, TRML shifted from exclusively wholesale marketing to direct marketing by establishing a nationwide network of distributors and agents. During 1994-95, the government permitted the import of fabrics which adversely affected the demand for the companys products.Two wholly owned subsidiaries have incorporated in the name of Ruby Greentech T Pvt. Ltd.
(RGTPL) and Ruby Greentech K Pvt. Ltd. (RGKPL) on 18 March 2026.
The Company strengthened its flagship commercial landmark asset, The Ruby, Mumbai as a commitment to the prominent office assets in the city during FY2026. Further, the Company has entered into a strategic investment partnership with Isprava, a leading luxury second-home developers to participate in the premium residential and hospitality-led real estate in Alibaug. Company has expanded its indirect participation through investments alongside institutional managers.
Through 360 ONE WAM Wealth Asset Advisors, one of Indias leading alternate asset management platforms, the Company participated in diversified real estate opportunities alongside marquee institutions including Blackstone, Brookfield and others across completed and pre-leased assets including commercial real estate and warehousing opportunities across markets such as Mumbai, Bengaluru and Chennai in FY26.