Cotstyle Apparels plans to invest more than Rs 200 million in its world-class Mercerised Cotton garment facilities to support its new growth strategy. Cotstyle Apparels sells 50,000 units of Cotstyle Single Fibre single and double mercerized cotton in more than 750 stores spread across major cities. Cotstyle focus is to increase its presence in as many cities across the country to meet the growing needs of its retail partners and consumers as well as increase its store footprint from the current level of 750 stores to 1200 stores.

“We want to unlock the huge growth potential of Cotstyle Apparels in the domestic market.” M K Patodia, Chairman & Managing Director of GTN Industries Group said. “Our new strategy is in line with our ambitious growth plan for Cotstyle Mercerized Line of Polo Shirts and Socks. This shift will also bring marketing focus, consistency and simplicity as consumer acceptance and demand for our business casual collections in the niche single fibre product markets continue to propel.”

Cotstyle Apparels plans to invest more than Rs 200 million in its world-class Mercerised Cotton garment facilities to support its new growth strategy. The overall investment by the group is Rs 350 million. It has 90,000 spindles spread across – Hyderabad and Nagpur. The Group has yarn mercerising unit in Shadnagar, Fabric processing unit at Indiranagar near Hyderabad and the knitting facilities are located at Isnapur and garment-making in Patancheru and Balanagar, all in and around Hyderabad.

“Domestic market growth will be a major focus area for Cotstyle. We are confident consumers in the domestic market will find tremendous clothing value in Cotstyle, as our apparels are made from the best cottons from all over the world: Egyptian Giza, American Pima. We make very fine yarn and our body friendly single fibre cotton is our unique selling proposition or USP.” Patodia added.

Cotstyle Apparels also announced its Spring Summer Collections 2012. Cotstyle expects its brand new solids to striped Spring Summer Collections will spin sales volumes of Cotstyle mercerized Polo Shirts and Socks by 50 % as more stores begin to sell Cotstyle range of apparels. The Men’s Collection will include luxury mercerised cotton polo shirts, Pima and Giza cotton knitwear in a range of colours, including a new collection of stylish and modern colour palettes which will not only look good but also feel good.

The Cotstyle Garment unit has the capacity to manufacture 2, 00,000 units per year. “We may expand this capacity based on the market response in the next few years.” MK Patodia said.

Cotstyle Apparels operates in a niche market and does not see any competition in its segment as the other players in the market are mainly brand-focused and not process-centric like Cotstyle. Currently, Cotstyle makes Polo Shirts and Formal Dress Socks. The Group major export markets include Hong Kong, Japan, South Korea, Singapore, the US and Canada. The brand is equally dominant in Italy, Germany, and the Netherlands. The company plans to tap new export markets which will include UK, Ireland and South American Markets.

Cotstyle also plan to launch its branded stores in 2012-2013 in select cities.

Total Income for the year ended March 31, 2011 stands at Rs 61218.90 lacs, up by 46.90 % from Rs41673.49 lacs last year. Net Profit is up by 700% to Rs 3480.62 lacs from Rs 435.06 lacs in 31st March 2010.Earnings per share is up by 701% to Rs 26.04 as compared to Rs 3.25 last year. Total Income for the last quarter of FY2011 stands at Rs 18820.07 as against Rs 11983.71 lacs in the last fiscal.

The company declared a final dividend of Rs.1.5 per share (which together with the Interim Dividend already declared of 10%, amounts to Rs.2.5 per share) as compared to Rs. 1 per share for the previous year.

Commenting on the results, Paritosh Agarwal, Managing Director said, “We are currently witnessing a stalwart recovery of the global textile industry and the soaring cotton prices have not dented our operating profit margins. Our continuous focus on value added products has yielded rich dividends in global markets. We are further expanding our capacity in line with market growth and hope to please our stakeholders with our consistent performance in the coming year.”

The company was in the process of setting up a 25MW captive thermal power plant in Nagpur at a cost of Rs.127 crores. The project would be funded through internal accruals, promoters contribution and debt. The company plans to utilize about 50% of the power and the rest would be sold to the state government.

About Suryalakshmi Cotton Mills Ltd.

Suryalakshmi, one of the major players in the textile industry, has modern spinning units at Amanagallu in Mahboobnagar district of Andhra Pradesh and a 40 million meter denim plant at Ramtek near Nagpur, Maharashtra. The company’s subsidiary Suryakiran International Ltd., located at the outskirts of Hyderabad, is into the manufacture and export of denim garments. Suryalakshmi’s large pan-India network, backed by a strong marketing presence, ensures quality products for both, domestic and international clients.

New Delhi, March 26 2011: Food Packaging major Tetrapak, Auto sector giants TVS Motor Company and Kirloskar Oil Engines; Textile leaders Welspun and Ginni Filaments; and IT majors Infosys and Cognizant were amongst 16 large and small Indian corporates that bagged the Parivartan Sustainability Leadership Awards for 2011.

The awards were presented at the Parivartan Sustainability Summit, India’s first market development forum on Sustainability and Innovation held on March 24.

The Parivartan Sustainability Leadership Awards, organized by India Carbon Outlook, seek to recognize Indian companies who have embraced sustainability in their business operations and supply chain and have shown leadership by taking initiatives for making their products, processes and facilities sustainable.

The winners were arrived at after evaluating the second stage shortlist of 200 + companies from an initial outreach of around 4500 companies actively engaged in the respective sector value chains. The nominations from these leading companies were judged by industry veterans and experts from the respective sectors such as Lars Domer of H&M, the leading European retailer; Avi Sahi of Nike; Arvind Goel of Tata Auto Components; Neeraj Garg of Piramal Enterprises and Vinay Awasthi of HP.

“Innovations hold the key to our success to create a green and sustainable future. Parivartan 2011 has showcased and recognized industry innovations to accelerate the growth of innovation power in India”, said Prof. P. B. Sharma, Vice Chancellor, Delhi Technological University and a member of the Awards jury, who chaired the technical session on innovations in automotive sector.

Echoing the sentiments, Dr. J.V. Rao, Director NITRA and another member of the Awards Jury stated “The award winners included a number of innovative approaches for catalyzing sustainability in the supply chain, and it is exciting to see such forward thinking leadership by firms.”

The Parivartan Sustainability Leadership Summit and Awards were supported by market leaders like SAP, cKinetics, GIZ, Shell Foundation, Intertek and CIIE- IIM Ahmedabad, amongst others; and were focused on sectors that are increasingly being driven to adopt sustainability measures in their extended supply chains.

“We are extremely delighted to receive the Parivartan Sustainability Leadership Award 2011. It is a matter of pride and priority for our company to strive for environmental sustainability and we are happy that our efforts are being recognized’’, said Jaideep Gokhale, Environment and Communications Director at Tetra Pak.

“We are very pleased to receive the Parivartan Sustainability Leadership Award 2011. It is great to be recognized at such a platform where we have been able to showcase our solutions for catalyzing sustainability to such a large number of companies operating in this space” said V.K. Kripanand, Founder and Director-Solutions, See Beyond Technologies, a winner in the IT sector.

Earlier in the day, at the Parivartan Sustainability Summit, several of the awardees and other senior industry executives deliberated upon the sustainability imperatives facing their respective organizations as also ways in which these seemingly ‘painful’ and ‘cost inducing efforts’ can be successfully converted into newer business lines and revenue sources. The day’s proceedings included a showcase of sustainability initiatives by more than 30 companies in front of more than 200 top managers and industry experts representing various brands, suppliers and industrial customers from these sectors.

Parivartan Sustainability Summit and Awards 2011 has been organized by India Carbon Outlook. For additional details please visit www.parivartanfoum.in
————–

The winners of Parivartan Sustainability Leadership Awards 2011 across various categories are:

Energy Conservation Thought Leadership Awards
Kirloskar Oil Engines (Automotive)
Mc Donalds (Processed Food and Beverages)
Nitin Spinners & Welspun (Textile and Apparel)
Infosys (IT and IT enabled services)

Water Conservation Thought Leadership Awards
TVS Motors (Automotive)
TechKnow Consultants (Processed Food and Beverages)
Precot Meridian (Textile and Apparel)

Thought Leadership in Recycling and Reuse
Maharani Paints (Automotive)
Tetrapak and Daman Ganga Paper Mills (Processed Food and Beverages)
Shri Lakshmi Cotsyn (Textile and Apparel)

Exceptional Leadership in Catalyzing Sustainability through Waste Management
Ginni Filaments

Exceptional Leadership in Catalyzing Sustainability through Sustainable Material Usage
AnaNaFit

Exceptional Leadership in leveraging IT Products for Catalyzing Sustainability
See Beyond Technologies

Exceptional Leadership for leveraging Internal Measures in IT segment
Cognizant

Special Recognition Award
Exceptional Leadership in Catalyzing Consumer Adoption
KPIT Cummins

Special Recognition Award
Thought Leadership in Shaping Sustainable Ecosystems
Cotton Connect

Media contact
Roselin Dey
Parivartan2011@carbon-outlook.com
+91.11.4105.1195

Bengaluru, 10 March 2011: This summer brace yourself for the most exciting fashion season. Allen Solly launches the most anticipated Spring Summer 11 collection. The collection exudes free spirit, merges glamour with comfort and sophistication using the most delightful combination of bright and breezy colors, cool fabrics and hues to mark the onset of the season of the sun.

Men – Allen Solly Men speaks ubercool ‘Malibu-inspired fashion’. The colours used in the collection are vibrant and have contrast detailing that makes it interesting. Bright tees and shorts from Allen Solly Resort make for perfect, flamboyant wear for a day out in the beach. Easy rolled-up pants and t-shirts give a look of pure comfort in an urban-athlete way. The ‘cool aid’ stands for looks that are both sporty and smart. The colour palette plays with the latest green and pink tones along with brighter hues like yellow, orange, red, fuchsia, and florescent.

Inspired by the concept ‘California Dreaming’ the collection creates alluring, bold expressions. Premium linens and light-weight trousers made of organic and tencel fibres, are ideal for office-wear to feel unmarked and on the go during the warmer months.

The SS 11 Men’s collection is also widely inspired by Vintage fashion which they call ‘Check point Charlie’. This range has shirts and t-shirts with colours, hues and silhouettes that have experimental designs, internal prints and contrast detailing.

The other theme for AS SS 11 is ‘Cool Aid’. This theme is about bold, funky coloured tees, shirts and shorts. The prints exude attitude. Asymmetric designs, bright and intrepid colours and unique plaid prints make this collection a complete stand-out.

Women – Allen Solly’s Spring–Summer collection 2011 for women offers an ultra-simple aesthetic linked with a need for a practical solution to create design that is both beautiful and commercial.

Casual line reflects sporty feminine and resort-wear that is inspired from a nautical theme.

They are a combination of young and trendy silhouettes inspired from a kaleidoscope of rich colours and patterns. A smart and pumped-up chic that plays with preppy and sportswear codes, dynamic florals and summery, urban silhouettes. This comes in bright and fresh colours like red, white, blue, nectarine, blazing yellow and salmon rose and form a part of our key colour story with accents of hot coral and green flash. Team up check tops or whites with jeans for a fresh look. Tunics, summer dresses make for this season’s wardrobe essentials. Silhouettes of this collection bring an overall feeling of relaxation and a youthful aesthetic drives the main sensibility of this line. Clean lines with elements of self detailing and surface ornamentation. Dresses and tops form a key focus area.

Allen Solly Women’s City line is highly stylised reflecting individuality and femininity. Inspired from a black/ white psychedelic story, this line is the fashion-driver of the business with a global appeal. The colour palette is primarily classic neutral, mostly black and grey with highlights of salmon rose and lilac.

Allen Solly Women’s Career line is a more the dressed-down look. The new trouser ankler from this line is a definite must-have this season.

Price:
Men’s Wear: Rs.599 onwards
Women’s Wear: Rs.499 onwards

About Allen Solly
Allen Solly created ripples in the Indian market by releasing new rules in corporate dress code. It trashed whites and greys thereby making the corporate world a colourful and vibrant place. Originating from the large portfolio of international brands of Coats Viyella – UK, Allen Solly truly has been the brand that transformed the way people dressed by bringing in its concept of Relaxed Formal Wear to India – bold and bright colours, concepts and patterns.

For further information, contact:
Janet Arole
Media Relations
Madura Fashion & Lifestyle
Email: janet.arole@adityabirla.com
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Hyderabad, February 11, 2011: Hyderabad based and listed on the BSE , Priyadarshini Spinning Mills Ltd. (BSE Code: 503873; NSE Symbol: PRIYADSP), one of India’s leading producers of Polyester/viscose blended yarn manufacturing from counts of 20s to 76.

Priyadarshini’s Net Revenue has increased by 6 % when compared with the last quarter of current financial year, from Rs 65.17 Crores for the quarter ended September 30, 2010 to Rs 68.87 Crores for the quarter ended December 31, 2010.

The Company has reported a PAT for Nine months ended 31^st December, 2010 of Rs 7.86 Cores on a turnover of Rs 187.18 Crores showing an EPS of Rs.7.10.

The turnover has gone up by 30% whereas the EBIDTA has gone up by 47% over the corresponding quarter in the previous year. The EPS at Rs.2.04 for the quarter is up from Rs. (1.08) from the same quarter in the last year. The results from both the segments viz., Spinning & Yarn Dyeing have shown significant rise and the Company expects to do better in the future.

Commenting on the results, Mr. Harish Cherukuri, Managing Director of Priyadarshini Spinning Mills Ltd. said, “The company has achieved satisfactory results in the current quarter and looking to improve its quality, productivity and profitability. Further The Textile industry is doing well. We hope to satisfy our stakeholders with our consistent performance next quarter.”

About Priyadarshini Spinning Mills Limited

Incorporated in 1981, with the capital investment of Rs 800 lakhs, today Priyadarshini Spinning Mills is a listed company and has a turnover of nearly Rs 240 Crores.  The company’s primary manufacturing activity consists of yarn manufacturing and yarn dyeing. The company has a capacity of 82,000 spindles and manufactures 35 tons of yarn every day. This capacity is spread over two yarn manufacturing facilities. Priyadarshini manufactures 100% cotton and synthetic blends in various qualities. With a capacity of 10 tons/day cotton yarn dyeing, it produces 100% cotton, 100% cotton mercerized, 100% Polyester and 100% Viscose in batch sizes ranging from 20kgs to 1 ton. It also exports to countries in Europe, Middle East, Turkey and Russia amongst others.

The company is an ISO 9001 certified company and their cotton yarns have OEKO Tex 100 certification.

Bengaluru: The much awaited Esprit Fall-Holiday Sale is finally here! Begin your year with the latest fashion trends and a touch of preppy at truly amazing prices. Walk in to any Esprit store and avail 40% discount on men’s, women’s and kids’ apparel and accessories from the Fall-Holiday collection.

• The Esprit sale commences on 15 January 2011 at all Esprit stores.
• Stores are open from 10.30am to 9.30pm, seven days a week across India.

What’s in store?
For women
The collection is all about feminine textures and ultra-modern shapes. Esprit defines extravagant with its silk blouses, fishnets, jeggings and knits that give you a classic glamourous look. The clothes are simple, including structured party dresses in black, white and neutrals that reinterpret signature styles and party wear. Get bags and belts in leather and suede, with exciting scarves to add a bohemian touch to your look this season. 

For men
Esprit Men’s wear defines quirky-cool sensibility with beatnik elements. Grab stonewashed jeans, neutral shirts, cardigans and down jackets for a functional yet fashionable wardrobe. For those hunks with a casual sense of fashion, vintage leather and military jackets are up for grabs. Esprit Men’s scarves and belts are an absolute sell-out this season.

For kids
The range is funky, uber-cool and fun and very comfortable. Attractive prints, text, colours and fits make your little one a real champ. The collection is available at all exclusive Esprit stores in New Delhi, Chandigarh, Ludhiana, Ahmedabad, Mumbai, Pune, Hyderabad, Bangalore, Chennai.

About Esprit
Esprit is an international youthful lifestyle brand offering smart, affordable luxury and bringing newness and style to life. The brand offers 12 product lines encompassing women’s wear, men’s wear, kids’ wear, edc youth as well as shoes and accessories. These products are sold through more than 640 directly-managed retail stores and over 12,000 wholesale points-of-sale worldwide, occupying over 817,000 square metres of directly-managed retail space in more than 40 countries.

For further information, contact
Janet Arole
Madura Garments, Media Relations
Email: janet.arole@adityabirla.com

Available at: Delhi: Esprit Select Citywalk, A #19 & 20, 1st Floor, Select Citywalk Mall, Saket,  Delhi-110017 , 011-40575097. EDC Select Citywalk # F-12, Ground Floor, Select Citywalk Mall, Saket, Delhi-110017, 011-40575090. Esprit GK No.64, Greater Kailash-I, New Delhi- 11004 Phone: 011- 41739972. Esprit Ambience Mall # G7/G8, Ground Floor, Ambience Mall, NH-8, Gurgaon-122002. 0124-4029017 / 18 / 19. EDC Ambience Mall #G-63, Ground Floor, Ambience Mall, NH-8, Gurgaon- 122002. 0124-4029026. Esprit DLF Promenade #185/6/7, Ground Floor, DLF Promenade Mall, Nelson Mandela Marg, Vasant Kunj, New Delhi- 110070. 011- 46170849/50. Also available in select Shoppers’ Stop, Lifestyle and Standard’s Max stores Mumbai: Esprit Linking Road, Plot No.390, Everest Classic, Khar Linking Road, Near Deutsche Bank, Santacruz (W),  Mumbai- 400052. 022-26497565 / 67109003. Esprit Inorbit Mall #G18, Ground Floor, Inorbit Mall, Vashi, Navi Mumbai, City: Mumbai- 400052 022- 41236365. Also available in Vama, select Shoppers’ Stop and Lifestyle stores. Bangalore: Esprit Vittal Mallya Road #10, Ananda Bhavan, Vittal Mallya Road, Bangalore-560001. 080-42110173. Esprit Forum #33,34, Ground Floor, Forum Mall, Koramangala- 560 095. #080- 22067634 /  22067635. Esprit Garuda Mall# G9 Ground Floor, Garuda Mall,  Magrath Road, Bangalore- 560001. # 080-40913527. Also available in select Shoppers’ Stop and Lifestyle stores. Chandigarh: Esprit SCO #101, 102 & 103, Sector 17-C, Chandigarh- 160017. 0172-4610047/6. Pune: Esprit SGS Mall, #6 & 7, SGS Mall, Moledina Road, Camp, Pune- 411001 #020 – 40065102 / 40064901. Esprit Jewel Square Mall #G6 & 7, Jewel Square Mall, Koregaon Park, Pune- 020-41224901/2. Also available in select Central and Lifestyle stores. Chennai: Esprit Buva House. BUVA House ,  #8 Khadar Nawaz Khan Road, #58 / 116 Block 12, Nugambakkam, Chennai-  600017. #044-4308482. Esprit Express Avenue # 61/2/3, Ground floor, Express avenue Mall, Whites road, Royapettah, Chennai-600014 # 044-28464861. Also available in select Lifestyle stores. Hyderabad: Esprit GVK One Mall #15-16 &17 Lobby Level, GVK One Mall, Banjara Hills, Hyderabad- 500034. #040-67767876. Also available in select Shoppers’ Stop and Lifestyle stores. Ahmedabad: Esprit Iscon Mega Mall, No.152 & 152 A, Upper ground floor, Near Rajpath Club, Sarkhej Gandhinagar High Way   Ahmedabad- 380052. 079- 40026537. Ludhiana: Esprit Westend Mall, No UG 9, 10, 11, West End Mall, Multiplex Plot no.2 &3 ,Opp. Forest Department office, Near Sacred Heart School. Ferozepur road, City: Ludhiana- 141001.# 0161-4640490. EDC Westend Mall, No UG 12 & 13 , West End Mall, Multiplex Plot no.2 &3 ,Opp. Forest Department  Office, Near Sacred Heart School. Ferozepur Road, City: Ludhiana- 141001. #0161-4644493. Esprit MBD No 5, Ground floor, MBD Neopolis Mall, Ferozepur Road, Ludhiana- 010161 – 4644455. Also available in Kapsons. Jaipur: Esprit Triton Mall, G2 Ground floor, Triton Mall, Near Jhotwara flyover, Jaipur- 302012, #0141 – 5156778/9. Kolkata: Esprit South City S016, South City Mall, Prince Anwar Shah Road, Kolkata- 68. #033 – 40643566. Available in select Shopper’s Stop stores. Amritsar: Available in Kapson’s and select Shoppers’ Stop stores.

Source: http://www.adityabirlanuvo.com/media/press_releases/pressrelease.aspx?ID=sW0FHzvsY+Y=

Go on a shopping spree and kick start the New Year by stylising your wardrobe with exhilarating offers from Allen Solly. Allen Solly brings you a chance to fetch the trendiest clothes at incredible prices!

The offer is as follows:
Buy 1 get 20% off
Buy 2 get 30% off
Buy 3 and above and get 40% off
The sale will be on till 15th February 2011 at all Allen Solly stores across India.

Availability:
Bangalore: Church Street, 55, 55/1, Tel No: 080 41121830/1, Jayanagar – no 346/17, 10th ‘A’ Main, 27th Cross, 3rd block. Tel No: 080 41739920 / 41400150,Comm Street -  Old# 8, New # 166, 080 41238085, Garuda Mall – No-CTS, 15, 17, 18 & 27, (117) Tel No: 080 41531023

About Allen Solly:
Allen Solly created ripples in the Indian market by releasing new rules in corporate dress code. It trashed whites and greys thereby making the corporate world a colourful and vibrant place. Originating from the large portfolio of international brands of Coats Viyella – UK, Allen Solly truly has been the brand that transformed the way people dressed by bringing in its concept of Relaxed Formal Wear to India – bold and bright colours, concepts and patterns.

For further information, contact:
Madura Fashion & Lifestyle,
Janet Arole. Media Relations –
Email: janet.arole@adityabirla.com,

Allen Solly is also located at
Mumbai – Unit G-14, Ground floor, Inorbit Mall, Link Road, Malad (W), ph – 022 67049564, Vista Enterprises, 12-A Mahavir Centre, Turbhe Road, Section-17, Vashi – 022 27893485, Shop No F13/A, oberoi Malls Pvt Ltd, International business park, Oberoi garden city, Off W E Highway, Goregaon – ph – 022 28409009, Delhi – F-13, Inner Circle, CP – 011 43583755/6, Sivam Sales Pvt.Ltd., E-16 Connaught Place,PH – 011 23415682, Shop # 8 &9 West Gate Mall, upper Ground Floor, District Center,Shivaji Palace,Raja Garden- 011 45508035, Shop # M-65, Greater Kailash – 1- 011 46556820/30 Shop # 5, GF, Select Saket mall, Plot # a43, District center, Saket – 011 40575041/2 Chennai – Shop # 99, ground floor, phase – 2, spencers plaza, annansalai – 044 28491183, Shop# 5, Ground flr, # 10 & 11, Dr. Radhakrishna Salai, Mylapore – 044-28477772,                Chaitanya, Shop no A, # 12, Khader Nawaz Khan road, Nungambakkam – 044 43084840/1 Hyderabad – Shop No F1, Amit Plaza, Somajiguda – 040 66621040 GF, Road No 2, Banjara Hills, 040 23554810 Ahmedabad – Shop#1, Rain Drops, opp to Iskon Arcade, C G Road, Ph – 079-32948810 Iscon Mega Mall, Shop # 223 & 224, S G Road – ph -079 40026770 Kolkatta – City Centre, DC Block, Salt Lake Sector 1 – 033-23582096, Shop # S238, 2nd flr, South City Mall, Municipal #375, Prime Anwar Shah Road – 033 40072223, M/s Marda Collections, 37 Shakespear Sarani – 033-22815488/9 Lucknow -Shop # 123 , Sahara Gunj, Shahanjaf road, Hazart Gunj – 0522-4003451, Gurgaon – No 42 & 43 GF, Ambience Island, NH – 8 – 0124 4665437/8, No 105, 1st floor, Ambience Island, NH – 8, Gurgaon -0124 4665415/6, Noida -  F-16, Sector -18 – 0120 4228063/5,Shop # 27, G. Floor, The Great India Place Mall, Sector-38 – 0120 2450040, Cosmic Fashions, C-24, Sector 18 – 0120  43157440,Chandigarh – Shop # 11, next to snow white dry cleaning, Sector – 17, “E” Market – 0172 5035457, SCO 51,Sector 17-E -0172 5067175 Calicut – The Focus Mall, Shop # 217, Navor Road – 0495 4021404,Coimbatore – VVCR Murugesa Mudaliar & Sons, 382 B Jaimahal Manian Corner, D.B.Road, R.S.Puram – 0422-4367312,Thane – Jai Enterprises, 2/3 R.M.Pride, Ram Maruthi Road – 022-25381601,Vizag – Zen Apparels, 30-15-158 City Plaza, Daba Garden – 0891-2575889,Pune – Sambhaji Mansion, Ground Floor, 1260-A Jungli Maharaj Road – 020 25511943/4, Kakade Mall, # 105, First  Floor, #231, Moledina Road, Camp – 020 26332535/6, Bhuvaneshwar – Land Mark, 52/53 Janpath, Ashok Nagar – 0674-2533215,Thane -Jai Enterprises, 2/3 R.M.Pride, Ram Maruthi Road – 022-25381601,Vizag – Zen Apparels, 30-15-158 City Plaza, Daba Garden – 0891-2575889, Ghaziabad – 20, Shipra Mall, Plot – 9, Vaibhavkhand, Indirapuram – 0120 4139645, Secuderabad – Krishna’s, 95 Park Lane – 040-27720322,Chandigarh -SCO 51,Sector 17-E – 0172 5067175

Source: http://www.adityabirlanuvo.com/media/press_releases/pressrelease.aspx?ID=o/b/wE/F3Y8=

New Delhi, January 6; India Carbon Outlook, India’s only market access and collaboration platform focused on sustainability and low carbon development, today announced the launch of the Parivartan Awards for Sustainability and Innovation.

Parivartan 2011 Awards for Sustainability and Innovation recognize and showcase such companies that have used innovation for making their products, processes, facilities and operations sustainable. The 2011 Awards are focused on sectors that are increasingly being driven to become more sustainable, namely: Processed Food and Beverages, Textile and Apparel, Automotive, as well as, IT and IT Enabled Services.

The deadline for submission is January 31^st 2011 and the nomination form can be accessed at: http://www.parivartanforum.in/files/award_nomination.pdf.

Sustainability is emerging as the next megatrend for businesses

Businesses sourcing from India Inc. are demanding sustainability in their products and services. Price and quality are no longer sufficient. Sustainability is the new competitive edge. The 4 verticals covered by the Parivartan 2011 Awards will spend `300-500 crores per annum on sustainability related measurement and reporting alone: driven by customer pull and compliance needs.

Parivartan Awards will create visibility for thought leaders

Parivartan Awards will raise awareness on organizations, and their supply chains, that are leading the charge on sustainability. Through Parivartan 2011 Awards, companies will have an opportunity to showcase unique innovations in products and services in front of business clients; as well as build market share and generate ROIs for investments made in making business operations sustainable.

The Parivartan Awards will be announced at Parivartan 2011 (www.ParivartanForum.in), India’s only forum to focus exclusively on driving adoption for sustainability initiatives in businesses by promoting the business case with decision makers: both on the production side as well as on the consumption front. It is the forum of choice to promote sustainably driven market development and innovation.

Who can apply?

Award nominations are invited from the organizations with sustainability innovations in products, processes and operations in the following sectors

» Textile and Apparel

» Processed Food and Beverage

» Automotive

» IT and IT Enabled Services

Award categories

I. Sustainability Award for Product Innovation

A. Sustainable Material Usage

B. Sustainable Packaging and Logistics Innovation

C. Easy Recycling and Reuse

II. Sustainability Award for Process Innovation

A. Process Improvement leveraging Energy Efficiency

B. Process Improvement leading to Water Conservation

C. Process Improvement for Waste Management

III. Sustainability Award for Facilities Design

IV. Sustainable Business Operations Award for IT and IT Enabled Services

A. Facilities Energy Optimization and GHG Management

B. Business Travel and Communication

Coordinator: India Carbon Outlook

Parivartan Awards and Forum are being coordinated by India Carbon Outlook.

India Carbon Outlook is an independent information marketplace. It employs online communications, offline publications and regular fora exchanges to make information available to the various stakeholders and to encourage cross-discipline collaboration.

India Carbon Outlook provides (a) in-depth business and policy analyses, (b) updates on the market participants and latest trends on sustainability initiatives, and (c) expert inputs on the GHG emission reduction and other abatement as well as adaptation measures being undertaken in India.

Media Contact:

For any inquiries, please write to Roselin Dey

Parivartan2011@carbon-outlook.com

+91.11.4105 1195

http://www.parivartanforum.in/files/award_nomination.pdf

Strata Geosystems India Pvt Ltd has added “StrataWeb” to its range of soil reinforcement products. StrataWeb is a light-weight, expandable, three-dimensional honeycomb-like cellular confinement system, which acts as an erosion control barrier and also as a foundation reinforcement mat for improvement of bearing capacity of weak soils.

StrataWeb when in-filled with compacted soil creates a new composite entity that possesses enhanced mechanical and geotechnical properties. When the soil contained within a geocell is subjected to pressure, it results in high lateral stresses and resistance on the stiff cell walls, thereby decreasing the punching effect, increasing the bearing capacity and a reduced peak settlement. Hoop stress resistance generated by the cell walls increases the shear strength of the confined infill, thus creating a stiff mattress and distributing the load over a wider area. Active earth pressure generated in each individual cell is resisted by an equivalent passive earth pressure generated by the adjoining cells. StrataWeb being textured, it increases the vertical frictional resistance thereby reducing the stress reaching the lower strata.

StrataWeb reinforcement system reduces infill quantities by up to 50% while utilizing locally available inferior quality soil or recycled material as its infill, thereby reducing consumption of natural resources, reduction in carbon footprint, reducing project time, labour and costs. Further it allows fast, all weather installation, easy handling, zero wastage, zero maintenance, etc.

StrataWeb also provides ecological and aesthetic benefits for earth stabilization, by maintaining the greenery and promoting vegetation growth.  It is extremely environment-friendly since it does not disintegrate or pollute surroundings. It allows for natural drainage thus preventing the build-up of hydrostatic pressures.

Applications:

• Load support for paved roads (National & State Highways), unpaved roads (access roads, service roads, haul roads), railways, etc.
• Bearing capacity improvement for soft soils, like, container yards, parking areas, transmission towers, platforms, footpaths, casting yards, etc.
• Slope protection, erosion control, channel linings, embankment protection, slope stabilization, etc.
• Earth stabilization and retaining walls
• Landfills and reservoirs

“StrataWeb adds the fourth dimension of time – longevity – to the conventional three dimensions of length, width and height. It provides a clear value proposition and with be an excellent addition to our existing product range” said Mr. Narendra Dalmia.

Delta Unveils ASDA-A2 Series AC Servo Motor & Drive in India. An Advanced High-Performance Motor & Drive for High-Precision Positioning Control

New Delhi, India, September 7, 2010 – Delta Group, the world’s largest provider of switching power supplies and DC brushless fans, has launched its advanced new high-performance ASDA-A2 series of servo motors and servo drives for motion control and network communication in India. As the current trend of motion control is to have the control command source close to the drive, Delta developed the new ASDA-A2 series to provide excellent motion control while eliminating the external controller. The purpose of these advanced motors and drives is to meet the demanding requirements of motion control applications in industrial automation and high-precision positioning control.

The ASDA-A2 series features a built-in electronic cam (E-Cam) function which offers the best solution for flying shear, rotary cutoff and synchronized motion applications. ASDA-A2 is designed with PR mode and CANopen interface. The whole new position control PR mode is a unique and significant function that provides a variety of control modes to enhance system performance. The ASDA-A2 series also provides the CANopen (1M bps) high-speed network communication interface which greatly decreases the difficulties of designing programs in the controllers and can achieve multi-axis parallel high-speed control. The full closed-loop control, auto notch filter, vibration suppression and gantry control functions of ASDA-A2 help to perform complex motions that require high precision and smooth operation. ASDA-A2 is equipped with a 20-bit level superior resolution encoder for accurate positioning applications and outstanding capturing and comparing functions for high-speed pulses that offer the best support for step-less positioning.

Manish Walia, Director Sales, Industrial Automation Business Unit, Delta Group – India and SAARC region, said “The need for better precision and position control by the machine makers is driving the motion business’s faster growth in India. This is coupled with the increasing demand for productivity enhancement across segments”. Delta India is aggressively focusing on various applications in the machine tool, packaging and textile segments and is aiming for exponential growth in the servo motor and drive product lines.

These motors and drives possess additional functions such as up to 1kHz level frequency response, innovative editing software and a high-speed PC monitoring function (similar to a digital oscilloscope) that drastically maximize the performance of ASDA-A2 series AC Servo Motor & Drive. ASDA-A2 also has wide application for carving machines, cutting machines, feeding machines, high-speed label inserting machines and others. The ASDA-A2 series AC Servo Motor & Drive is the ultimate servo system providing a total solution for a wide range of machine tool and industrial applications. Delta believes India has ample opportunities in the automation space as it looks toward automation for higher productivities and precision. Offering the widest range of industrial automation products in the industry, Delta is strongly positioned to compete aggressively in the OEM space.

About Delta Group

Delta Group is the world’s largest provider of switching power supplies and brushless fans, as well as a major source for power management solutions, components, visual displays, industrial automation, networking products, and renewable energy solutions. Established in 1971, Delta Group has sales offices worldwide and manufacturing plants in Taiwan, China, Thailand, Japan, Mexico, India and Europe. As a global leader in power electronics, Delta’s mission is, “To provide innovative, clean and efficient energy solutions for a better tomorrow.” Delta is committed to environmental protection and has implemented green, lead-free production and recycling and waste management programs for many years.

For more information about Delta Group, please go to www.deltaww.com.

2010 Worldwide Children’s & Infants’ Clothing Stores Report added in Vision Shopsters

August 11, 2010: The Worldwide Children’s & Infants’ Clothing Stores Industry report, published annually by Barnes Reports, contains timely and accurate industry statistics, forecasts and demographics. The report features 2010 current and 2011 forecast estimates on the size of the industry (sales, establishments, employment) for the 47 largest world countries, including United Kingdom, France, Germany, Italy, Spain, Russia, China, Japan, India, Australia, Canada, Mexico, Brazil, Argentina and South Africa. The report also includes industry definition, 5-year historical trends on industry sales, establishments and employment, a breakdown of establishments, sales and employment by employee size of establishment (9 categories), and estimates on up to 10 sub-industries, including pants, shirts, dresses, shoes, underwear, and sleepwear.

Table Of Contents :

1-Argentina
2-Australia
3-Austria
4-Belgium
5-Brazil
6-Canada
7-Chile
8-China
9-Colombia
10-Czech Rep
11-Denmark
12-Egypt
13-Finland
14-France
15-Germany
16-Greece
17-Hungary
18-India
19-Indonesia
20-Iran
21-Ireland
22-Israel
23-Italy
24-Japan
25-Malaysia
26-Mexico
27-Netherlands
28-New Zealand
29-Norway
30-Pakistan
31-Phillipines
32-Poland
33-Portugal
34-Russia
35-Saudi Arabia
36-Singapore
37-South Africa
38-South Korea
39-Spain
40-Sweden
41-Switzerland
42-Taiwan
43-Thailand
44-Turkey
45-United Kingdom
46-United States
47-Venezuela
48-Appendix: Definitions & Terms

To know more about this report & to buy a copy please visit :
http://www.visionshopsters.com/product/6819/2010-Worldwide-Children-s-Infants-Clothing-Stores-Report.html

Contact us:

Visionshopsters
Ph : 91-22-40583020
Emailid: marketing@visionshopsters.com
Website : www.visionshopsters.com

Designer Boys Shirts in Both the Virtual and Real Store of Beebay

New Delhi, 6^th May, 2010: Beebay is a distinguished kids garments shop operational in 6 EBO stores in Delhi-NCR region. Its website www.beebayonline.com targets new age customers and offers ample opportunity for easy online shopping. In fact, it helps in spicing up kids wardrobe with fashionable clothing.

Beebay has fruitfully attained brand identity in the market owing to it exclusive collection of designer kids wear. These are designed as per the latest fashion trends and define the style statement of the little ones. Available in attractive prices, the repertoire encompasses fashionable clothing for kids of all ages from 0-12 years. It offers baby boy clothes in enticing shades and designs. These are manufactured using sophisticated machines and technologies that helps in ensuring a flawless production of kids wear. The designer wears keep the kids comfy and in-style at the same time. Available in soft knits, organics, cotton blends, and other skin friendly fabrics, these help kids look and feel the best. Besides defining the fashion quotient of the tiny tots, Beebay offers wide opportunity to keep oneself on a budget. Reflecting a stylish blend of kids’ fashion, the array includes- bottoms, shorts, overalls, shirts and t-shirts. Besides the exclusive collection of boys shirts are stitched with monograms and badges. Available in vibrant colours, these can be paired with formal as well as casual trousers, pants, denims and dangrees. Ideal for party and play, these are suitable for summer and winter months. Ensuring good fit and comfort to kids, these shirts are available in different sizes and designs. Reflecting the playful nature of young ones, the entire range is stringently tested for quality, durability, seamless stitch, colour, fabric, easy wash, colour fastness, shrink resistance, etc.

Being a quality driven firm Beebay ensures the flawlessness of its entire range of kids wear before delivering to the market. Its client centric approach and ethical business policies have enabled in attaining a proven track record in the industry.

Beat the summer heat in style with Louis Philippe Golf collection

Bangalore, India, May 3, 2010: This season, celebrate golf in style, comfort and ease. Louis Philippe launches special Golf line T-shirts and trousers for the younger, hipper generation of the new age. The Louis Philippe Golf line gives a wide choice of functional yet sleek and sophisticated T-shirts and trousers, which lets you put together unique looks both on and off the course, so you stand fashionably apart from others. The new Golf collection raises the style stake of the game beyond the pastel-coloured polo shirts and argyle sweaters of yesteryears.

Louis Philippe T-shirts are inspired by sophistication, casual comfort and the spirit of Golf. The brand brings in vibrant, fuss-free elements in super soft fabric and clean lines to make a breezy style statement. There are some moments that last a lifetime. Be it a hole in one on the golf course or even a mega deal clincher at the races; pair the Louis Philippe T-shirts with the wide range of Louis Philippe khakis, highlights or perma press trousers to make the occasion extra special.

Louis Philippe’s Butter and Cream range of Golfing Tees draws inspiration from a suave, yet sporty look. With fabric made of superior pima yarn, the collection gives a soft buttery feel against your skin. The specially designed T-shirts are densely constructed and withstand several washes with complete ease. With a fresh colour palette, pastel shades and creamy colours like pink, light orange, yellow, blue the range appears classy and elegant in its details, while being extremely comforting in the sun.

Louis Philippe’s Classic range of Golfing Tees comprises bright and vibrant shades of T-shirts with anti-curl collars and cuffs. The clean and gloss line is made of 2 ply yarns and  this line combines an intense background with bright white contrasting front panel for an effect that’s considerably more dramatic than that achieved with your average T-shirt. While they certainly do the job when it comes to keeping you cool on hot days on the course, you could just as easily wear them while in the city or for hanging out at the beach, and they’ll work with pretty much everything in your wardrobe.

Adding on to the celebration, Louis Philippe throws a chance for everyone to play golf and win prizes. Step in to your nearest Louis Philippe store and play the mini golf game and you could win an exciting prize!

Rush, celebrate golf with Louis Philippe!!!

Louis Philippe Golf line T-shirts are available at the price of Rs 999/-

Louis Philippe Golf line cotton trousers are available from Rs 1,399/- to Rs 1,899/-

Editor Notes

About Louis Philippe

Louis Philippe is the leader in the stylish formal, official and semi-formal occasion wear. The brand’s Franco-Italian lineage combined with its focus on contemporary international fashion gives it an indisputable premium and exclusive image. The focus on luxury and the detailed craftsmanship of every garment ensures that each Louis Philippe garment owner belongs to “The Upper Crest”.

Available at all exclusive Louis Philippe stores across India.

DELHI : NCR: Vasant Vihar – Basant Lok; Ph:41669787. Rajouri – WestGate Mall; Ph:45508031. Saket – Select City Walk; Ph:40588706. Connaught Place – Inner F Block; Ph:43583745; Inner D Block; Ph:41517406. Noida – Sector 18. Ph:4312093; Great India Place; Ph:4232992. Gurgaon – Ambience Island – Ground Floor; Ph:4665394; First Floor; Ph:4665396. Vasant Kunj – DLF Place; Ph:46098275. Ghaziabad – Shipra Mall; Ph:4153921 MUMBAI :  Khar – Linking Road; Ph:67033649. Lower Parel – High Street Phoenix; Ph:66669129. Vashi – Inorbit Mall; Ph:67126691. Goregaon – Oberoi Mall; Ph:40213113. Thane – Koram Mall; Ph:66096362 CHENNAI : T Nagar – Kasi Arcade; Ph:28150244. Anna Salai – Spencer Plaza; Ph:43516362. Nungambakkam – Nungambakkam High Road; Ph:42137727. Dr.R K Salai – Near Royapettah Bridge; Ph:42109540. Mylapore – Chennai Citi Centre; Ph:2847777. Nelson Manickam Road – Ampa Skywalk Mall; Ph:43300395 BANGALORE: Indiranagar – 100 ft Road; Ph:42074426. Magrath Road – Garuda Mall; Ph:45131021; Ph:64555231 HYDERABAD : Banjara Hills – Citi Centre Mall;Ph:23352750; GVK One Mall; Ph:44767824; Road No. 2; Ph:23554881. Somajiguda – Sapphire Square; Ph:66688866. Secunderabad – Park Lane; Ph:27720115

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29 April2010 Bangalore: The last decade at Esprit has seen a revolution in denim fashion from cutting-edge wash techniques, quirky details to different silhouettes, shapes, and eye-catching designs in brilliant colours. Grunge and glam rock influences make sure that denim remains an evergreen classic!

Esprit’ Men’s casual brings in spectacular skinheads’ look, punk 80′s snow washes, acid-washed jeans and the all- time fashion fad denim jackets. Team it with oversized T-shirts, parkas, checked shirts or add some funk to your wardrobe by teaming up with funky accessories like thick framed glasses, boyish sneakers and stylish hats. Replace that sleek blazer with a cool denim jacket worn best with a white T-shirt and you are ready to go anywhere, from the grocery store to a cocktail party, an afternoon barbecue or a breezy day at the beach.

Esprit EDC’s new collection for men includes denims with futuristic patterns like dark stone denim jeans, regular stone denim waistcoat, stitching details jean and classic denim jackets. Looking good in denim goes above and beyond pairing it with a T-shirt and sneakers. Team up your denims with a retro navy blazer or a coast blue shirt to give it a semi-formal look. New denims take on the leading role for Summer 2010 with slim silhouettes in bright, extra-light washings and vintage washed effects for that extra edge and attitude in your clothes.

Make a rebellious statement this season with Esprit Women’s casual wear where fashion isn’t only about wearing what is in your closet. Boyfriend jeans are just what you should be wearing this season. Whether its Rachel Bilson or Katie Holmes, trendsetters have been seen spotting this trend. Sport bold designs, distressed fade with slight shreds to give you an extra edge over trendy comfort. The loose and comfy cuts make it look like a perfect steal from your boyfriend’s wardrobe. Complete the look with a crisp white shirt, aviator shades and pixie cropped hair. Denim skirts were always a mainstream classic and can be worn with leggings, bold and dramatic tops. The appealing silhouette of slim denims with modern fits is what is fabulous for all women this season to play up your curves and look hip. The denim jeans for women come in irresistible colors of the season; orange, grass green, bright red and shades of berry.

Esprit’s cool peppermint green denim jean from the EDC range for women is sure to grab some eyeballs for its fresh colours and bold looks. Young, preppy and playful, Esprit EDC offers something to suit every mood and occasion. Flaunt dark hippie blue denim jeans for a fun-filled day with your gang of girls or body hugging leggings on a day you want to flaunt your sexy legs. On a relaxed morning, team up white denims jeans with a casual beige trench coat.

So make Esprit denim your second skin this summer!!

Esprit Denim collection starts from Rs 590 onwards.

About Esprit
Esprit is an international youthful lifestyle brand offering smart, affordable luxury and bringing newness and style to life with an entirely new collection every month. The brand offers 12 product lines encompassing women’s wear, men’s wear, kid’s wear, EDC youth as well as shoes and accessories through over 640 directly managed retail stores and over 12,000 wholesale points-of-sale worldwide, occupying over 8,17,000 square metres directly managed retail space in more than 40 countries.
Available at all exclusive Esprit Stores in New Delhi, Chandigarh, Ludhiana, Ahmedabad, Mumbai, Pune, Hyderabad, Bangalore, Chennai.

For further information, contact:
Janet Arole
Media Relations – Esprit
Email: janet.arole@adityabirla.com
Tel: 97027 20666.
Available at: Mumbai – plot no.390, everest classic, linking road – 022- 26497565 / 32952498 ground floor, inorbit mall, vashi Ph -022-27810280 / 70 Bangalore – no 10, vittal mallya road – 080-65370241 / 242. garuda mall, g 9 ground floor, magrath road, – 080-40913527 Chennai – buva house, # 8,khadar nawaz khan road, Nugambakkam, Ph – 044-43084827/29/25 Pune – sgs mall , no.6&7, moledina road – 020 – 40065102 / 40064901. no g-6&7,jewel square,koregaon road 020 New Delhi -112 & a 19-20, select citywalk mall , F-12 district Centre , saket – 011-40575097 / 98. no 64,gk 1 m block market 01-41739970/71/72. shop g7-8&g63,ground floor, ambi mall, nh 8, gurgaon 0124-4029017/18/19 Chandigarh – sco 101,102 & 103, sector 17-c – 0172-4610046/47/ 48 Ludhiana- no ug 9,10,11 west end mall, ferozepur road, – 0161-4644490 Ahmedabad – iscon mega mall , no.152 & 152 a, upper ground floor, near rajpath club, sarkhej gandhinagar highway – 079- 40026537 Hyderabad – shop no. 15-16- & 17 lobby level, gvk 1.road no 1 banjara hills 040 – 44767876
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The capacity expansion of 18,000 tpa expected to be operational in March 2010 will take the total capacity of Ganesh Polytex to 57,600 tpa making it the largest player in recycled Polyester Staple Fibre (Fibrefill) in the country.

Kanpur, Uttar Pradesh, February 2, 2010 / IndiaPRLine / — GPL is one of the leading manufacturers of Recycled/ Speciality Polyester Staple Fibre (Fibrefill) in India through recycling of post-consumer pet bottle waste. The company has a capacity to produce 39,600 tonnes per annum (tpa) of Recycled Polyester Stale fibre, which is next only to Reliance Industries limited’s annual production capacity of 42000 tpa. The company is having two manufacturing units at Kanpur and Rudrapur (Uttrakhand). GPL is riding on high growth path and it reported impressive growth in the December’09 quarter both in turnover and profitability.

The Company’s business model is interesting as it is transforming post-consumer pet bottle waste (which is otherwise hazardous for environment being non bio-degradable in nature) back again into environmental friendly, hygiene, and comfortable fibres helping industrial users to manage quality nice and meanwhile save better. Besides procuring the Waste from vendors, the company has set up its own procurement centres in different cities to insulate itself from raw material shortage as well as price fluctuations. Finished product finds application for spinning of yarn, stuffing in toys and other life style products like pillows, quilts, mattresses and furniture, non-woven carpets and fabrics, medical & packaging textile, geo textile, fur fabrics, construction and paper industry and other technical textile. Recycled PSF replaces 100% virgin PSF in textile sector due to its most distinctive advantage of cost-effectiveness and it replaces Foam, Cotton, P.P. fibre etc. in other industrial sectors due to its durability, comforts and hygienic characteristics besides cost-effectiveness. GPL product range includes low-end basic segment to mid and high-end premium segment.

Polyester has now become common man’s fabrics in terms of prices, durability and comforts in comparison to cotton and other fibres. With growth in the economy and growing middle class, the per capita consumption of polyester fabric is also set to increase both for clothing and non-clothing applications. In fact, with growing per capita income consumption of non-clothing fabric will grow at much faster rate than clothing fabric. As Recycled Polyester Fibre is suitable both for clothing and non-clothing applications, its demand is improving both in textile and industrial sector. This bodes well for GPL as it has strong presence in both the sectors.

Foreseeing the coming uptrend in the user industry and to capitalize upon the available growth opportunities, company is expanding capacity of its Rudrapur plant by 18000 tpa at an estimated cost of Rs. 30 crore to be funded through a moderate mix of debt and equity. Expansion in capacity is expected to improve the operating margins by around 250 basis points making it more profitable.

Its ambitious growth plans include enhancing the recycling capacity to over 100,000 tpa in stages over the next 2-3 years, building up of yarn spinning capacity to integrate its operations forward and to improve margins, foraying into manufacturing of down stream products and entering into horizontal integration through producing more value added products like Partially Oriented Yarn (POY), packaging sheets, etc. from Waste.

These growth plans are likely to propel CAGR of 35-40% in its top and bottom lines during next five years.

The Company’s sales and net profits have grown up at healthy compound annual growth rate (CAGR) of 28% and 30% respectively in the past four years. Its EBIDTA (earnings before interest, depreciation, tax and amortisation) improved to Rs. 17.10 crore in FY08-09 from Rs. 5.77 crore in FY06 on the back of improved product mix.

In the December’09 quarter, sales grew by 39% to Rs.52.56 crore. EBIDTA rose by 33% to Rs.6.16 crore. Net profit grew by 169% to Rs.2.85 crore. The company is likely to close this fiscal reporting 40% growth in revenues along with 52% rise in EBIDTA and 105% rise in net profits. Company is moderately leveraged. It is not paying any dividend in the past mainly to fund the capacity building exercise during last four years. However, with improved financials, it has decided to reward the shareholders by declaring interim dividend of 5% for F.Y. 2009-10.

At the current price level of Rs. 40, the stock is attractively priced at around 4 times its 2010 earnings. For FY09, it has a book value over Rs. 24 per share on modest equity capital of Rs. 9.86 crore. On a conservative basis, the company can expect to generate net profit of Rs. 9 crore in FY09-10, which translates into an EPS of over Rs. 9. Further once its capacity expansion at Rudrapur unit becomes operational from FY10-11 onwards, the company’s growth will get a boost. Infact, the capacity expansion of 18,000 tpa expected to be operational in March 2010 will take the total capacity of Ganesh Polytex to 57,600 tpa making it the largest player in recycled Polyester Staple Fibre (Fibrefill), overtaking Reliance which has a capacity of 42,000 tpa. The company which earns revenues nearly 5 times its market cap and generates cash profits nearly half of its market cap looks a multi bagger investment pick. Good business, sound financials and future growth prospectus make it a dark horse from the small-cap segment, which offers significant upside potential in the medium term.