VTM Ltd Company Summary

Promoted by K T Chettiar, VTM Limited, formerly known Virudhunagar Textile Mills Limited was established in 1946 with the founding principles of setting standards in weaving to ensure the best of weaving technology always made available. The name of the Company was changed from Virudhunagar Textile Mills Limited to VTM Limited on 27 April, 2006. Currently, the Company serves to the exotic constructions in weaving.

The Company has expanded the capabilities to include special weaves and combinations. 255 state-of-the-art looms have been installed in the manufacturing unit. 80 Sulzer machines, 6 Rapier leno looms, 6 Rapier leno looms, 163 Air jets and 6 Jacquard machines work to produce 1.7 million meters of fabric every month.

The Companys plant is located in Virudhunagar. VTML has only one subsidiary Colour Yarn Ltd.The company has installed 289 looms to manufacture a range of grey fabrics from 90 cm width to 330 cm width. Some of the varieties produced by VTML are cambric, voile, poplin, pin point oxford, satin, chambray, drill, oxford weave, grey sheeting, etc.

The mill is equipped with state of the art machineries like 60 air-jet weaving machines, besides 174 Lakshmi Ruti C looms of various widths. During 1994-95, VTML issued bonus shares in the ratio 5:1. In 2000-01 28 Shuttle Looms have been replaced looms at a cost of Rs.855 crores and this was financed through internal accruals.

To make it more competitive in both International and Domestic markets,the Company has proposed to modernise its plant & machinery under TUFS at an estimated cost of Rs.10 crores. The modernisation scheme if implemented will yield a high value in its product mixture.In 2021-22, the Company established a Garment unit with 57 stitching machines with ETON line for promoting exports in the international Home Textiles market. In 2023, it installed Solar Power Plant of 300KW capacity costing Rs.

2.1 Crores. It capitalised on the growing dominance of India and Indian cotton in the world markets and its emergence as a premier fabric and garment manufacturing destination.A New Boiler with 2.5 Ton capacity costing Rs 89.15 lakhs was put to use in place of the existing Boiler in FY 2024. Fabric Inspection Machines were installed in the Home Textiles Unit during the year.

In 2025, Company additionally purchased 2 wider width inspection machines with double side inspection for the finished fabric costing Rs 10 lakhs and installed to the garment unit. In FY 2026, Company has installed 02 Nos. PICANOL ULTIMAX Rapier looms with FANCY BEAM Attachment costing Rs.2.13 Cr which were importedfrom Belgium.

It has purchased one Sectional Warping machine from M/S.RABATEX costing Rs 1.08 crore for the Home Textiles and further has purchased 01 Yarn Conditioning Unit from M/S.SIEGER costing Rs 0.30 crore during the year. To improve the packing quality, Company has installed 01 No. Automatic Folding machine costing Rs 0.20 crore.