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Arrow Textiles making a mark with specialty offerings

Arrow Textiles is a leading Indian manufacturer of specialty textiles in India. The company manufactures woven labels, fabric printed labels, elastic and non-elastic tapes. These products form a part of garment packaging products and are used for apparels and made-ups such as terry towels and home furnishings.

The company, founded in 1983, specializes in offering quick solutions and samples and can handle a variety of products as well and can communicate easily by using web-based ERP software. It is the preferred choice of many leading Indian brands, both for hosiery and outer wear.

Arrow has a manufacturing unit in Nasik with an installed capacity of 18 woven label looms, seven printed label machines and 59 woven tapes looms. It markets its products through depots located in Bangalore, Mumbai, Delhi and Tirupur.

The company’s key products are underwear name waistband elastic, woven inner elastics for garments, printed woven elastics, woven tapes, fabric printed labels, woven labels and 100 per cent cotton twill tapes.

The company’s relatively high gross and pre-tax margins suggest a differentiated product portfolio and tight control on operating costs relative to peers. It has relatively high profit margins while operating with median asset turns. Historical performance and long-term growth expectations for the company are largely in sync.