Snapshot
K K Silk Mills Limited is a public limited company incorporated in 1991, engaged primarily in the textile manufacturing sector. The company operates from its registered office in Mumbai, Maharashtra, India, and produces a range of textiles and apparel, leveraging India's rich heritage in textile production. The company has evolved through changes in its corporate structure and filings, converting from a private to a public limited company in 2018. K K Silk Mills serves a diverse clientele with its focus on quality and expansion in manufacturing capabilities.
Financially, the company has demonstrated steady revenue growth, with total income of about INR 158.7 crores for the nine months ended December 31, 2024, and an EBITDA margin of around 6.77%, indicating operational efficiency improvements. The promoters include Mr. Manish Kantilal Shah, Mr. Nilesh Kantilal Jain, and Mrs. Ashaben Manish Shah, who provide stable leadership. The company’s equity shares are proposed to be listed on the SME platform of BSE Limited, with a fresh equity issue planned to raise capital for scaling operations.
Company Vision
K K Silk Mills Limited envisions elevating the art of shirting and suiting fabric production to new heights by mastering advanced manufacturing processes and adopting cutting-edge technologies to deliver fabrics of exceptional quality. The company is committed to excellence, innovation, and customer satisfaction, focusing on producing premium, trend-aligned suiting and shirting fabrics, corporate wear, and ready-made garments. With a passion for continual improvement and attention to detail, K K Silk Mills aims to be a trusted partner in the textile and garment industry, consistently exceeding client expectations and setting new standards for quality and style worldwide.
Growth Prospects
K K Silk Mills Limited has strong growth prospects driven by expanding demand for high-quality suiting and shirting fabrics in domestic and international markets. The company aims to capitalize on rising fashion consciousness and increasing corporate wear requirements, leveraging advanced technology adoption and capacity expansion. Its focus on premium product segments and customer-centric innovation positions it well to capture market share. Additionally, government initiatives supporting the textile sector and export incentives enhance opportunities for growth. The company is also exploring sustainable practices and value-added product lines, which align with global industry trends, positioning it for sustainable long-term growth and enhanced competitiveness in the textile industry.
Risk
K K Silk Mills Limited faces several risks typical of the textile industry, including raw material price volatility, which can impact profitability. Market competition from both domestic and international players may pressure margins and market share. The company is also exposed to risks related to changes in government policies, including trade and export regulations. Operational risks such as disruptions in the supply chain, labor availability, and technological obsolescence may affect production efficiency. Economic downturns and fluctuations in consumer demand could impact sales volumes. Additionally, being a first-time public issuer, the company faces risks related to market reception and stock price volatility post-listing.