Management Team
Mr. R. Surender Reddy, Chairman,
Mr. Vithaldas Agarwal, MD
Mr. Mahender Kumar Agarwal, Jt. MD
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Products Manufactured
The company manufactures synthetic ring spun yarns for knitting, weaving and technical applications in the count range of Ne 10s to Ne 60s in single, two-ply and multifold varieties.
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Manufacturing Facilities
Suryalata has two manufacturing units located in Kalwakurthy and Urukondapet in Telangana.
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Production Capacity
The company hasa total installed capacity of 93,264 spindles.Kalwakurthy unit has an installed capacity of 36,288 spindles with a production capacity of 30MT’s per day and Urukondapet unit has an installed capacity of 56,976 spindles with a production capacity of 50MT’s per day.
Capacity Expansion
Suryalata is investing Rs.83 crores in its ongoing modernisation cum expansion programme that will enhance spindles by 12,000 to an aggregate 105,000.When coupled with the ongoing modernisation of another 20,000 spindles, it is optimistic of generating attractive year-on-year growth for three years following this investment.
The proportion of modern spindles (those commissioned after 2007) would increase from 60% to 85%, which the company believes,will translate into higher operating efficiency and enhanced product quality across the foreseeable future.
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Financial Performance
Revenue from operations for the FY 2015-16 is Rs. 35,396 lakhs.
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Global Presence
The company exports its products to Argentina, Bangladesh, Brazil, Canada, Indonesia, Iran, Italy, Korea, Mexico, Peru, Portugal, Spain, Switzerland, Taiwan, the Turkey, US and the UK.