Rajapalayam Mills Ltd

Rajapalayam Mills Ltd incorporated in 1936, RML was founded by Mr. P A C Ramasamy Raja, founder of the South India-based Ramco group. RML manufactures cotton yarn of counts ranging from 4s to 300s (single/double yarn), besides other value-added products; the company is based in Rajapalayam, Tamil Nadu. It has four manufacturing facilities in and around Rajapalayam,. It has a combined capacity of 132,722 spindles and 5480 rotors. RML also has wind power facilities aggregating to 35.15 megawatts (MW), which helps it control power costs.

RML spent about Rs 325 crore over the past two years towards forward integration to establish a new fabric capacity and modernization project, which were completed in March 2020. Increasing contribution from higher-margin fabrics and production efficiencies arising out of this capex is expected to augur well for the company over the medium term. Additionally, RML's focus on more profitable export and corporate orders is expected to support operating profitability.

RML's established market position in finer count yarn segment driven by extensive experience of promoters, healthy operating efficiency driven by synergies with other textile units of the Ramco group and availability of low cost power. Besides, the company benefits from financial flexibility in the form of investments in Ramco group companies

 The company specializes in manufacturing yarn of finer counts ranging from 4s to 300s (single/double yarn), besides other value-added products like slub, mercerised, melange and gassed yarn and enjoys an established market position in the same driven by long-standing relationship with its customers. The forward integration into fabric manufacturing (installed capacity of 90 looms (Airjet/ Rapier) and 32 looms (with Jacquard), on steady monetization from fiscal 2021, will further strengthen RML's market position over the medium term.