Rudra Ecovation - Rudra Ecovation

📊 BSE: 514010 🏢 Other Textile Products 📅 Last Updated: 11/13/2025 15:25

💰 Financial Performance

Revenue Growth by Segment

Total revenue reached INR 424.73 Cr in FY 2025, with a projected increase to INR 1,700 Cr by FY 2027, representing a 300% total growth potential driven by capacity expansion in Fibre, Filament, and B2B chips.

Profitability Margins

Current EBITDA margin is 10.46% on sales of INR 424.73 Cr; the company targets 16-17% EBITDA margins at full capacity utilization by shifting focus to high-margin product lines.

EBITDA Margin

10.46% currently, with a target to reach 16-17% by FY 2027 as capacity utilization scales from 45% to 100%.

Capital Expenditure

Planned expansion for Fibre, Filament, B2B Chips, and Acoustic Panels to support the INR 1,700 Cr revenue target; specific INR Cr values for future capex were not explicitly stated.

Credit Rating & Borrowing

The company is not availing any working capital limits from banks and has no sanctioned limits in excess of INR 5 Cr.

⚙️ Operational Drivers

Raw Materials

Post-consumer PET bottles and waste, as the company produces rPET yarn and Bottle-to-Bottle (B2B) chips.

Capacity Expansion

Current utilization is approximately 45%; the company plans to reach 100% utilization of expanded capacity by FY 2027 to achieve a topline of INR 1,700 Cr.

Raw Material Costs

Not explicitly disclosed as a percentage of revenue, but the company identified INR 4.26 Cr in slow-moving inventory as of March 31, 2025.

Manufacturing Efficiency

Current capacity utilization is approximately 45%, with a target to reach 100% by FY 2027 to gain operational efficiency and scale.

📈 Strategic Growth

Expected Growth Rate

100%

Growth Strategy

The company plans to achieve a 100% CAGR to reach INR 1,700 Cr revenue by FY 2027 through capacity optimization (increasing from 45% to 100%), the amalgamation with Shiva Texfabs Ltd, and launching high-margin products like Acoustic Panels and B2B chips.

Products & Services

rPET yarn, upcycled fabrics, Anaura brand textiles, Non-Wovens, B2B Chips, and Acoustic Panels.

Brand Portfolio

Anaura

New Products/Services

Acoustic Panels and Bottle-to-Bottle (B2B) chips are being introduced to fully integrate surplus fiber capacity, with expected revenue contribution linked to the INR 1,700 Cr target.

Market Expansion

Targeting garment manufacturers and apparel brands through participation in the TexIndia exhibition in July 2025 to showcase sustainable innovations.

Strategic Alliances

Amalgamation with Shiva Texfabs Limited (Board approved Dec 2024) to consolidate operations and scale.

🌍 External Factors

Industry Trends

The sustainable textile industry is growing, driven by ESG mandates and consumer demand for recycled products; Rudra is positioning itself through rPET yarn and upcycled fabrics.

Competitive Moat

Integrated circular economy model from PET recycling to high-value fabrics and industrial panels provides a cost and sustainability advantage that is difficult for non-integrated competitors to replicate.

Macro Economic Sensitivity

Demand is sensitive to global ESG mandates and the shift toward sustainable textile practices.

Consumer Behavior

Shift toward eco-friendly fashion and sustainable practices is driving demand for the company's rPET and upcycled fabric lines.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with SEBI (LODR) Regulations 2015 and Regulation 37 regarding the scheme of amalgamation with Shiva Texfabs Limited, which is currently pending NOC from BSE and SEBI.

Environmental Compliance

Engaged an external agency to manage ESG and BRSR compliance voluntarily to meet sustainability targets.

Legal Contingencies

Pending litigations are disclosed in Note 29 of the financial statements; however, specific INR values for these cases were not provided in the available document snippets.