Anand Rayons Limited, established in 1987 and headquartered in Surat, Gujarat, India, is a prominent player in the textile industry, specializing in the trading and distribution of various yarns and threads.

Product Portfolio:

• Polyester Yarns: The company offers a range of polyester yarns, including partially oriented yarn (POY), drawn textured yarn (DTY), fully drawn yarn (FDY), dope dyed yarn, top dyed yarn, and sable yarn.

• Nylon Yarns: Anand Rayons provides nylon products such as nylon chips, partially oriented yarn, fully drawn yarn, drawn textured yarn, and dyed yarns.

• Embroidery Threads: The company supplies polyester and viscose embroidery threads, catering to the needs of the embroidery industry.

• Jari Products: Anand Rayons offers embroidery jari and jari for weaving applications.

• Fabric Manufacturing: The company also manufactures fabrics suitable for t-shirts, garments, and apparel.

Corporate Evolution:

In 1996, Anand Bakshi, the son of the founder, joined the business, bringing a new vision that led to accelerated growth, including expansion into upcountry sales and exports. In 2003, the group took over a company with the intention of making it their flagship entity. This acquisition was transformed from a loss-making venture into a profitable enterprise within a few years.

Financial Highlights:

In the fiscal year 2023, Anand Rayons Limited reported revenues of ₹3.44 billion, marking a 2.30% increase from the previous year. The company’s earnings stood at ₹31.32 million, reflecting a slight decrease of 0.58% compared to the prior year.

Leadership:

The company’s leadership team includes:

• Anand Gokulbhai Bakshi: Chief Executive Officer and Chairman

• Chetan Desai: Chief Financial Officer

• Varsha Maheshwari: Compliance Officer

• Vimal Thakor: Chief Administrative Officer

• Jalpan Naik: Chief Technology Officer