Vishal Fabrics Limited appoints Dickenson for Investor Relations mandate
MUMBAI, July 30, 2019: Dickenson World, a seasoned Capital Market Communications consultancy firm operating since 1998, today announced that Vishal Fabrics Limited, India’s leading denim manufacturing company has appointed Dickenson for an investor relations mandate.
Vishal Fabrics Limited is a leading denim manufacturing company in India. The Company is also engaged in finishing of cotton and blended cotton textiles. It is involved in the business of dyeing, printing and processing of fabrics of its own and also on job work basis. Its processing unit is based in Gujarat. The plant has the capacity to print, dye and process a range of fabrics suitable for men’s wear, women’s wear, home furnishing and several other applications.
Dickenson will provide end-to-end Investor Relations (IR) solution to Vishal Fabrics Limited that will include sharply defining Vishal Fabric’s investment case, recommending best global IR practices, improving quality and the frequency of investor communications and significantly enhancing engagement with analysts and investors.
“Vishal Fabrics has one of the widest denim portfolio catering to the latest demand from the global fashion industry. Dickenson is happy to partner with Vishal Fabrics to strengthen its IR function. Dickenson will articulate the company’s positioning and its investment case and support analyst and investor outreach.” stated Mr. Manoj Saha, Managing Director, Dickenson World.
About Vishal Fabrics Limited
Vishal Fabrics Limited is one of the leading Denim manufacturers in India. By deploying the best technology and own design studio, the company offers a wide range of premium denim fabrics. It is equipped with latest machinery with the installed capacity of 80 MMPA (Million meter per annum) denim fabric and planning to install 6 MW captive power plant. The Company has an asset light business model (procuring approximately 50% of raw material from sister concern company). Its core focus is on product innovation with new market trends and meeting latest fashion requirement of clients. It is strategically located in Gujarat, India, which is a textile hub of India. It is also a home to entire textile value chain, leads to proximity to machinery and fabric dealers, garment manufacturer resulting into faster delivery and services. Vishal reported the consolidated revenue, EBITDA and PAT of ₹8,909 million, ₹549 million and ₹156 million in FY18 having grown at CAGR of 44.5%, 35.0% and 52.4% respectively over FY2014 – 2018.
About Dickenson World
Established in 1999, Dickenson World is a seasoned Capital Markets Communication & Investor Engagement specialist. With presence in London, New York, Mumbai, Delhi & Ahmedabad, Dickenson handles a variety of mandates of more than 95+ listed companies for their engagement with the financial marketplace and the financial media. For more information on Dickenson World, visit our website www.dickensonworld.com
For more information contact:
Nida Mukadam, Manager – Business Development, Dickenson World
Tel: +91 22 66276509
Manoj Saha, Managing Director, Dickenson World
Tel: +91 9819860835