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Sybly Industries - Company Info & Chart Analysis

Sybly Industries Limited is an India-based company engaged in manufacturing of polyester yarn and trading in fabrics. The Company is also engaged in wholesale of textiles, clothing and footwear, and preparation and spinning of textiles fibers.

The Company manufactures a range of polyester sewing threads ranging from coarse counts to finer counts in both hank and cones. The Company also manufactures single warp qualities and varies polyester hosiery yarns.

The Company offers cones in the ranges 2/8s, 3/8s; 3/12s, 4/12s; 3/15s; 8/20sRT, 3/20sRT, and 2/30sRT. The Company offers hanks in the ranges 2/20sRT, 3/20sRT; 2/30sRT, 3/25sRT, 2/26sRT; 2/45sRT (SHT); 3/56sRT (SHT), and 3/65s RT (SHT). The Company's polyester yarn is manufactured in a range of six count to 60 count. The Company's subsidiary includes Sybly International FZE.

On financial front, its revenue increased by 46.67 per cent to `23.19 crore in Q1FY17 on yearly basis. Sybly Industries’ EBITDA jumped by three times to `1.28 crore in Q1FY17 as compared to the same period in the previous fiscal year. The company’s PAT grew to `0.98 crore in Q1FY17 on a yearly basis. Sybly Industries is all set to increase capacity from 10000 spindles to 20000 spindles. It is in talks with three manufacturers based in Punjab, Haryana and Uttar Pradesh. It has also successfully ventured in the retail thread market with its branded products 'Dagger' & 'Sybdura Poly'. The company has plans of strategic tie-ups over the next couple of years.

You will hereafter listen more about this company by seeing the comments below where latest updates will be posted.

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