AYM Syntex Ltd Company Profile: Products, Promoters and Clients

AYM Syntex Ltd Company Description

Established in 1985, AYM Syntex Ltd is a prominent manufacturer and exporter of polyester filament yarn, nylon filament yarn, and bulk continuous filament (BCF) yarn.

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Q1.What are the Products and Service offerings of AYM Syntex Ltd?

AYM Syntex engages in spinning, texturizing, draw twisting, and dyeing of polyester and nylon yarn. As a leader in specialty synthetic yarns, it stands out as the largest Indian manufacturer of BCF yarns and one of the foremost multi-polymer yarn dyeing houses in Asia.

Product Profile:

• BCF Yarns: AYM produces BCF and microfiber yarns made from polyester, nylon 6, polypropylene, and polyester microfiber, ideal for carpets, rugs, and mats.
• Textile Yarns: The company offers a diverse range of synthetic yarns, including solution-dyed yarn, package-dyed yarn, mother fully drawn yarn, mono yarn, highly oriented yarn, and partially oriented yarn.
• Packaged Dyed Yarns: These yarns are widely used in upholstery, home textiles, hosiery, and apparel.
• Product Applications: AYM's yarns find applications in various products, including carpets, rugs, carpet tiles, narrow fabrics, sewing threads, bath mats, medical textiles, automotive textiles, and sportswear.
• Brands: The company's diverse range of brands includes Sorenyl, Rezilia, Ecose, Assura, Sparkle, Poly Cycle, Poly Magic, Poly Wonder, and Beleaf.

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Q2.Who are the Promoters of AYM Syntex Ltd?

Abhishek Mandawewala: MD&CEO

Having held a position at the board as Whole Time Director in the past is now serving as the MD&CEO position at the board.He has nearly 18 years of experience in the field.He has held senior position in the past in Welspun Group.

Rajesh R Mandawewala: Chairman

Rajesh R Mandawewala has held multiple roles across industries in his decades of rich experience. He currently sits at the helm of AYM Syntex's top management while also chairing the Welspun Group as its Managing Director and Promoter.

Q3.Who are the Clients of AYM Syntex Ltd?

The clients of the company are:Itochu Prominent USA LLC, Mohawk, Shaw, Godfrey Hirst, Beaulieu Canada, Page Industries Limited, etc. The revenue contribution in FY23 from top 5 customers is 22%, and from top 10 customers is 32%.

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(By Medhansh Bairaria)