Sri Ramakrishna Mills Plans Major Capacity Increase Targeting New Free Trade Agreement Demand
Sri Ramakrishna Mills (Coimbatore) Ltd. has approved a significant expansion of its manufacturing operations, intending to boost production capacity across several key metrics. The company aims to transition from existing levels by adding new machinery and increasing daily output in line with anticipated global demand shifts.The management decision, taken on August 13, 2026, involves a substantial augmentation of their mill's capabilities. Sri Ramakrishna Mills plans to increase its spindle capacity and enhance production volume. This expansion effort is slated for completion within the next 15 months.
The company has decided that this ambitious project requires an investment of approximately Rs. 60 crores. The funding structure for this capital expenditure will be a combination of Debt and Internal Accruals, ensuring financial stability during the scaling process.
Detailed operational figures regarding the proposed capacity addition are presented below:
| Particulars | Details |
|---|---|
| Existing Spindle Capacity | 32,208 Spindles |
| Proposed Addition (Spindles) | 17,472 Spindles |
| Proposed Addition (Rotors) | 768 Rotors |
| Existing Daily Production | 5,750 Kgs per day |
| Planned Daily Production | 19,340 Kgs per day |
| Period for Capacity Addition | 15 months |
The expansion is strategically motivated by the increasing demand resulting from new Free Trade Agreements initiated by the Government with various countries. This increased market opportunity necessitates the operational scaling of the Coimbatore-based mill.
Stock Price Movement
As of 11:48, Sri Ramakrishna Mills Coimbatore Ltd- shares are dipping by 1.04%, trading at ₹55.40. The stock has moved through an intraday range that stretched from a low of ₹55.40 up to a high of ₹55.60.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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