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Envoy Textiles Limited (Bangladesh)

Main Activities: Textile Mills
Full name: Envoy Textiles Limited Profile Updated: June 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Envoy Textiles Limited is a 100% export-oriented manufacturing company located in Mymensingh, Bangladesh. The company started its commercial operation in 2008 and became a Public Limited Company in 2012. It is the world's first LEED Certified Platinum Denim Manufacturing Facility and operates on sustainable production processes. Envoy Textiles has its own weaving and spinning facility, covering an area of 45 acres of land. It is the first denim facility in Bangladesh to use Rope Dyed Technology and has a production capacity of 4.5 million yards each month. The company also has its own spinning facility capable of producing 70 tonnes of yarns per day. The company focuses on sustainable production processes, including fibers from sustainable sourcing like Organic, PCW, BCI, etc. They also use Ozone finishing process to reduce environmental impact and Aero Finish to enhance fabric stretching with durability. Envoy Textiles has a state-of-the-art Effluent Treatment Plant (ETP) that saves 100 million liters of natural water every year. They also have an E-Lab equipped with environment-friendly Laser and Ozone Wash machines. In addition to their commitment to sustainable production, Envoy Textiles is also focused on employee welfare and CSR activities. They have set up a "Pediatric Intensive Care Unit" for burn patients at the Dhaka Medical Hospital owned by the Bangladesh Government. This facility is the first of its kind in the country. Envoy Textiles has been recognized and honored by the Bangladesh Government on multiple occasions. They have won the National Export Trophy nine times and have received the President's Award for Industrial Development in Bangladesh. They have also been recognized as the Highest Tax Payer.

Legal Address
Envoy Tower 18/E, Lake Circus, Kalabagan, West Parrthapath
Dhaka; Dhaka; Postal Code: 1205

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Website: http://www.envoytextiles.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1995
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Managing Director
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Managing Director
Ownership Details
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8.72%
Company Performance
Financial values in the chart are available after Envoy Textiles Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net sales revenue
33.21%
Total operating revenue
33.21%
Operating profit (EBIT)
26.78%
EBITDA
19.18%
Net Profit (Loss) for the Period
49.42%
Total assets
3.8%
Total equity
-0.54%
Operating Profit Margin (ROS)
-0.62%
Net Profit Margin
0.45%
Return on Equity (ROE)
2.21%
Debt to Equity Ratio
17.36%
Quick Ratio
-0.1%
Cash Ratio
0.01%

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