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Bombay Rayon Fashions Ltd.

Posted by Surabhi on Nov 17th, 2008 in Textile | 0 comments

Bombay Rayon Fashions Ltd. (BRFL), incorporated in 1992, is engaged in the manufacture and sale of a variety of fabrics, garments and home textiles and focus on servicing the export.The company offers fabrics like premium shirting, suiting, voils and fashion garments; apparel collection for office and casual wear; home textiles with a focus on exporting beddings. The company has 12 plants in the country. The company exports 100% of its garments to Europe and USA and supplies fabrics to the domestic garment exporters. It has a subsidiary, BRFL Europe in Almere, Netherlands and exports to the likes of Calvin Klein and Steve & Barry.

Investment Rationale

· The company would be investing Rs 2 billion in two years and will be introducing its private label in 25 stores this year.

· The company has acquired the “Guru” brand in FY08, which will help it to increase its foothold in the growing EU market.

· Co. is expanding its capacities and has taken steps for expansion in Maharashtra, which include setting up of the garments manufacturing capacity of 100,000 pieces per day and of fabrics capacity of 180 mn mtr/annum.

· Co. ihas open garment units at chalkaranji, Nanded, Latur and Osmanabad. Islampur and Osmanabad have started commercial production from Q1FY09; the rest will start operation by the end of Q3FY09 or early Q4FY09.

· The fabric capacity unit at Tarapur plant will become operational by December 2008.

· Company is also setting up a power plant of 30MW capacity for its captive consumption.

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