R & B Denims Ltd. Announces Excellent Results; Yearly PAT up 108% YoY

In FY 21-22, company participated in GARTEX Denim Show at Delhi as well as in CAIRO, EGYPT which gave promising results in getting new customer base and helped to increase demand of Products in Overseas as well as domestic Markets. Exports have increased from 220 Million in FY 20-21 to 720 Million in FY 21-22. Representing growth of 225% in a year. As on March’22 our exports for represents 25% of our total sales which we are further expecting to Increase based on the Strong demand from overseas market.

Even in domestic market average Selling price has increased from Rs. 140 in FY 2020-21 to Rs. 165 mainly due to selling premium Quality Denim and increase in Profitability as it remains eagle-eyed with inventory management policies. The efficient inventory management helped increase sales, maintain prudent working capital and increased productivity. The company increased proportion of premium products thereby strengthening margins. The Coactions of our techniques shall help to create enhanced value for stakeholders.

One of the few denim manufacturers capable of producing high width denim up to 76 inches.

Company’s clients include major brands like Arvind, Killer, Lifestyle, Reliance Retail, etc.