![]() Banswara Syntex Banswara Syntex is a textile company that specializes in the production of yarn, fabric, and readymade garments. | ![]() Damodar Threads Damodar Threads (also known as Damodar Industries) is a manufacturer of synthetic blended yarns. | |
Founding Date | Founding Date 1976 | Founding Date 1987 |
Type | Type Public | Type Public |
Tags | ||
Locations | Locations Mumbai, IN HQ Banswara, IN Kadaiya, IN New Delhi, IN Surat, IN | Locations Mumbai, IN HQ Belagavi, IN Bengaluru, IN Mumbai, IN Salem, IN Surat, IN |
Employees | Employees 13,570 | Employees 627 |
Financial | ||
Revenue (est.) | Revenue (est.) ₹12.7b (FY, 2025) | Revenue (est.) ₹4.3b (FY, 2026) |
Cost of goods | Cost of goods ₹7.1b (FY, 2025) | Cost of goods ₹3.3b (FY, 2026) |
Gross profit | Gross profit ₹5.8b (FY, 2025) | Gross profit ₹1.1b (FY, 2026) |
Net income | Net income ₹221.6m (FY, 2025) | Net income ₹53.7m (FY, 2026) |
Operating ⚠ | ||
Manufacturing Facilities | Manufacturing Facilities 6 (Jan, 2023) | Manufacturing Facilities 6 (Oct, 2023) |

Damodar Threads (also known as Damodar Industries) is a manufacturer of synthetic blended yarns.
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