Fascinate Textiles Limited
Closed11–19 Aug 2026
Updated 2026-08-21 (IST)
Business overview
We are engaged in the manufacturing of readymade garments, with operations based in West Bengal. Our product range spans menswear, womenswear, and childrenswear, with a significant portion of our output focused on garments for children. Our offerings include t-shirts, joggers, vests, leggings, shorts, and infant wear, among others, catering to a variety of end-use segments and age groups.
Profit & Loss
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| 2023 | 2024 | 2025 | ||
|---|---|---|---|---|
| Sales | 22 | 29 | 60 | |
| Operating Profit | 1 | 2 | 10 | |
| OPM % | 4.2% | 5.8% | 16.6% | |
| Net Profit | 0 | 0 | 6 | |
| Total Debt | 6 | 12 | 18 |
Promoters
- Mr. Vishal Nahar — Promoter, Chairman and Managing Director
- Mr. Chirag Ahuja — Promoter, Whole-time Director and Chief Financial Officer
- Vishal Nahar (HUF) — Promoter
- Mr. Rishabh Nahar — Promoter
- Mr. Narinder Kumar Ahuja — Promoter
Strengths & risks
Company-stated strengths and disclosed risk factors from the offer document.
- End-to-end manufacturing capability (p.179)
- Versatile product range with customisation capabilities (p.179)
- Quality control framework (p.179)
- Business model-order driven approach (p.179)
- Experienced management and workforce (p.179)
- We are dependent on our suppliers for uninterrupted supply of Raw-Materials. (p.48)
- Our business is substantially dependent on certain key customers, from whom we derive a significant portion of our revenues. (p.49)
- Our cost of production is exposed to fluctuations in the prices of our major raw material, especially of fabrics. (p.49)
- Significant portion of our revenue has been generated from Eastern & Southern part of India, any loss of business from these states may adversely affect our revenues and profitability. (p.50)
- Our Company operations require significant amount of working capital for a continuing growth. (p.51)
Peer comparison — DRHP median P/E 13.1x
DRHP data only| Company | CMP | P/E | OPM% | ROE% | Source |
|---|---|---|---|---|---|
| Karnika Industries Ltd | — | 13.1x | — | — | DRHP |
P/E from offer document where live data unavailable. Not a fair-value judgement.
Market & competition
The textile and apparel industry is a global market and faces intense competition from a diverse range of domestic and international manufacturers and traders. Being a fragmented industry, competition arises from numerous small and large players.
Future outlook
We want to expand our manufacturing facility to meet anticipated rise in demand for our products in market. This strategic investment aims to maximize production efficiency and capitalize on economies of scale.
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Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
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