Current Market Price-: 1235 Rs
Ambika cotton mills is a completely debt free company based out of Coimbatore in Southern India.
Company is engaged in the manufacture of premium quality Compact and Elitwist cotton yarn for hosiery and weaving. It is an established player in the international and domestic yarn market with exports constituting roughly 70% of its revenues.
Incorporated in 1988, ACML manufactures 100% cotton compact yarn counts varying from 20s to 120s combed which goes for the manufacture of premium branded shirts and t-shirts globally.
Company has 4 manufacturing units which are situated in Dindigul, Tamil Nadu with a total spindle capacity of 1,08,288 of Compacting System.
Ambika Cotton Mills has the unique distinction of being the number one in the shirting segment and is the preferred client of all top quality shirt manufacturers around the world.
Company has a very niche segment in the industry, thanks to its impeccable track record of product quality and delivery fulfillment. Company also takes pride in hvaing zero complaints with clients, shippers and raw material suppliers.
Company is also taking going-green commitment very seriously and produces over 110% of its power requirement by clean wind power with installed capacity of 27.4 MW. Company has 100% governmental and legal compliance record.
Quick refresher on the Quality of cottons.
What’s so great about extra long cotton?
All cottons are not created equal. They’re differentiated by the length of their fiber (or “staple”), the fine little strands that make up a raw piece of cotton. Some cotton species have shorter fibers. Others have longer fibers. Some even have extra-long fibers.
So why are long and extra-long staple cottons so desirable? Because the longer the cotton fiber, the stronger, softer, and more durable the resulting fabric.
Long- and extra-long staple cottons include pima cotton and Egyptian cotton. These cottons are renowned for their superior quality thanks to the length of their fibers.
Fabrics made of long-staple cottons fray less, pill less, wrinkle less, and even fade less than fabrics made with their short-staple counterparts.
ACML’s products are made from various imported and indian cotton. Company takes pride in its contamination free cotton yarn that gives it a special niche in the market.
Ambika’s yarn has been widely accepted and appreciated in the industry by prominent top shirt manufacturers and knitted garment manufacturers, domestically and world-wide.
It is well reputed for its contamination free 100% cotton ring spun & compact yarn manufactured exclusively for shirting. Hard twist and Soft twist with 4’20 min and cylindrical dye cones for weaving, and S & Z twist yarn from counts 24’s to 140’s for knitting are also our regular notable features.
ACML specializes in manufacturing of premium quality compact and Eli Twist yarn.
The company uses extra-long staple cotton in its yarn manufacturing by importing high-quality Giza and Pima cotton from Egypt and the US respectively. This is used in the manufacture of premium branded shirts and t-shirts.
Ambika holds the Supima certificate from Supima Association (USA), GOTS Certificate from Control Union (formerly SCAL) for organic yarn, and Oeko-Tex Certificate of Standard 100 Product Class I.
ACML is also part of the Better cotton initiative Better Cotton Initiative (BCI) stewarding the global standards for Better Cotton, and bringing together cotton’s complex supply chain, from the farmers to the retailer, for Supima, Australian, and Indian cotton of all counts.
ACML ensures that it maintains more than adequate quantities of cotton raw materials in the extra long staple as well as medium and short range through out the year.
ACML’s manufacturing process is thoroughly monitored by its quality control system which is unparalleled in the industry.
A lot of companies have hundreds of customers Ambika has select few customers. Company sells its yarn to the end customers instead of selling through agents. In fact some of the customers have been with the company since over last 17-18 years.
Although company does not disclose the names of their customers and no one should however we were able to get some names from google via various research reports written about the company over the years and we found that domestic customers include Arvind Mills, Raymond, Aashima Textiles and Morarjee etc many more.
In the the overseas clientele company has Quannitex Enterprise Corporation, Taiwan, Pacific Textiles, Hong Kong, and Winnitex Investment Company, Hong Kong.
Chances are there may be addition of some new clients as well as old clients might have moved but there was no specific authentic source available to verify the same as a result we would request users to do their own research and do not put queries regarding this.
Company derivers almost more than 70% of its revenues from exports.
Recently due to lockdown across the globe small economies are struggling for business.
Countries such as Bangladesh, which have recently emerged as major exporter of textiles products are not able to export and this is directly benefiting Indian companies.
Additionally post pandemic global commodity prices are rising and probably ACML has been able to pass all the increase in costs to the buyers as a result we can see the company benefiting significantly where it would be making 30-40% gains on the existing inventory which is about more than Rs 300 crores.
Further, US economy is extremely strong and Europe is also recovering strongly. The company is completely debt free.