Aastha Spintex wins ₹24.89 crore greige fabric supply order from JSK Textile
Aastha Spintex has received a non-cancellable order from Halvad-based JSK Textile LLP to supply 750 MT of greige fabric over two years. The company expects to deliver an initial 30 MT within two months of quality approval.
What happened
Aastha Spintex secured a non-cancellable ₹25 crore order from Halvad-based JSK Textile LLP to supply 750 MT of greige fabric over two years, beginning with 30
Key facts
- ₹25 crore estimated order value excluding GST
- ₹24.89 crore stated order value
- 750 MT Greige Fabric
- 2-year fulfilment period
- 30 MT initial supply within 2 months
- Stock down 10% or ₹8.97 to ₹80.82
Why this matters
The JSK Textile win validates Aastha Spintex’s ability to convert textile customers into multi-year supply commitments and could support similar regional account expansion.
What to watch
- Quality approval and dispatch of the first 30 MT within the indicated two-month window.
- Quarterly revenue growth versus the implied ₹24.89 crore order run rate.
- Reported order book, additional JSK Textile orders or customer-concentration disclosures.
- Gross-margin movement versus cotton, yarn and energy-price trends.
- Inventory, receivable days, operating cash flow and working-capital borrowing changes.
- Any disclosures on delivery delays, rejected lots, revised specifications or contract amendments.
- Secure and disclose successful quality approval for the initial 30 MT supply.
- Plan yarn procurement and production capacity against phased delivery schedules to protect margins.
- Use the JSK Textile relationship to pursue repeat orders or adjacent customer accounts in the Halvad textile cluster.
- Monitor receivables, inventory days and short-term borrowing needs as order execution scales.
- Communicate order-wise execution milestones, dispatch volumes and revenue recognition without overstating the full contract value upfront.