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RSWM Limited is engaged in the manufacturing, spinning, weaving and processing of man made textile fabrics. The company is also engaged in cotton spinning and weaving. Its segment includes Yarn, and Fabric & Denim. RSWM is the Largest yarn maker with popular brand "Mayur" doing extremely well. It is also one of the largest makers of denim supplying to "Levi' Calvin Klein & Wrangler.
The company has been able to manage operations at full capacity through out the period of restrictions. Q1FY22 has ended with total revenues at Rs750cr and PAT of Rs37cr.
Debts slightly increased as compared to 31st March due to increased working capital utilization on account of stock of cotton & increased volume of business. Debt is mostly from hydro & solar power plants which is in state partnerships & which are now doing very well which will see reduction in debt & improvement in ROE.
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By clicking on submit button, you authorize IIFL & its representatives & agents to provide information about various products, offers and services provided by IIFL through any mode including telephone calls, SMS, letters etc. . you confirm that laws in relation to unsolicited communication referred in National Do Not Call Registry as laid down by Telecom Regulatory Authority of India will not be applicable for such information/ communication.