5 days ago
Aastha Spintex Expands From Yarn Into Fabric Manufacturing
Aastha Spintex makes yarn, which is used to produce textiles.
The company has greatly increased how much yarn it can make.
Now it wants to also make fabric instead of selling only yarn.
This could give the company more products to sell.
It may also reduce its reliance on yarn sales.
The company says its Falcon Yarns business has many orders for cotton yarn.
Aastha reported Rs 352 crore in revenue and Rs 23.8 crore in profit in FY26.
It also recommended a small dividend for shareholders, subject to approval.
Aastha Spintex plans to use its expanded production base to enter fabric manufacturing.
Spinning capacity increased from 7,700 to 17,457 metric tonnes, while spindle capacity rose from 25,920 to 61,824.
Falcon Yarns has an order book worth about Rs 51.46 crore for August to October 2026.
The order book includes 38 orders for 17.35 lakh kilograms of cotton yarn from more than 10 domestic customers.
The board recommended a final dividend of Re 0.10 per share, with September 9 set as the record date, subject to shareholder approval.
- Who
- Aastha Spintex and its Falcon Yarns business.
- What
- The company is expanding from yarn production into fabric manufacturing while reporting new orders and recommending a dividend.
- Where
- The orders are from more than 10 domestic customers; the articles do not specify the manufacturing location.
- When
- The Falcon Yarns orders cover August to October 2026; September 9 is the dividend record date, although the year is not specified.
- Why
- The expansion could help Aastha sell more products and reduce its dependence on yarn, though its financial benefits will depend on capacity utilisation and profitability.
Key facts
- Spinning capacity
- Increased from 7,700 to 17,457 metric tonnes.
- Spindle capacity
- Increased from 25,920 to 61,824.
- Falcon Yarns order book
- Around Rs 51.46 crore for August to October 2026.
- Order details
- 38 orders covering 17.35 lakh kilograms of cotton yarn from more than 10 domestic customers.
- FY26 revenue
- Rs 352 crore.
- FY26 net profit
- Rs 23.8 crore, compared with around Rs 1 crore four years earlier.
- Proposed dividend
- Final dividend of Re 0.10 per share, subject to shareholder approval.
Sources
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