Bombay Dyeing & Manufacturing

Company Ltd.
Company Overview
Bombay Dyeing & Manufacturing Company Limited (BDMCL) was incorporated in 23rd
August of the year 1879 at Mumbai under the house of Wadias. It manufactures cotton textile
goods, non-woven fabrics and Dimethyl Terephthalate (DMT). Unrivalled in its reputation for
quality, the Bombay Dyeing range of fabrics and ready-mades has been growing and evolving
with changing trends and also has a wide range of industrial fabrics that include microdot
interlining; fabrics for shoe uppers, adhesives, abrasives, leather cloth and filters.
Textile is a dominant activity for which the company has advanced facilities. Each of Bombay
Dyeing's five manufacturing facilities is of International standards. Weaving facilities include
technology from world leaders such as Sulzer. Bombay Dyeing has 519 Sulzer Projectile
Machines in widths of 130', 142', 153' and 169'. The Spinning and Winding facilities are
equipped with Schlafhorst Autoscore Rotors, Auto Corner Winding Spindles and Schweiter CA -
11 Spindles with an installed capacity of 135,336 Ring Spindles.
The details of buying and merchandising planning as follows:

A household brand Bombay Dyeing network of over 600 franchise retail outlets takes the entire
range to over 300 towns and cities in India. Archway Investment Company (P) Limited became a
wholly owned subsidiary of the company during the incorporation year itself.
The company had entered into an agreement with Tootal Broadhurst Lee Company Limited of
Manchester during the year 1961 for the technical know-how and use of their patented crease
resistant and minimum ironing processes under which the company was permitted to brand its
goods with marks Tebilized and Tebilized Double.
Subsequently, in the year 1962, the negotiations were concluded with Heberilein & Company of
Wattil, Switzerland, for the right to use their Hecowa finish on processed goods. Nowrosjee
Wadia Ginning & Processing Company Limited was amalgamated with the company with effect
from 1st October of the year 1967. BDMCL made an agreement with Hercofina of USA during
the year 1978 for the purchase of equipment and machinery and for technology and technical
service. The Company also entered into a Technical Services Contract with their Indonesian
company P.T. Five Star Industries Limited in the year 1979. During the year 1988, the company
installed 2 open-end spinning machines, 3 auto coners, 7 high-speed combers, 1 hot air stenter
and some jiggers in the processing house in Mumbai also in the same year a caustic recovery
plant was installed.
A year after, in 1989, 2 new Blow Room lines with cards, 7 auto corners and 48 new Air-jet
Weaving machines were installed. At the processing house, in Mumbai, some Polywool
processing machinery and new fusible interlining machines were also installed. During the same
year 1989, BDMCL had entered into a contract with 20th Century Foods Pvt Ltd of Singapore to
render technical services to Thulhiriya Textile Mills (Sri Lanka) a Government owned textile
mill of Sri Lanka, having 1,30,000 spindles and 560 looms. In 1990, The Company installed a
blow room line with high production cards, 6 open-end spinning machines, 16 sulzer weaving
machines and 2 auto coners at its manufacturing mills. Additions to the processing machinery
included a chairless mercerizer, energy efficient stenter, a soaper, a singeing machine and 3 yarn-
dyeing units.
The Capital Equipment installed included 72 air jet weaving machines, 8 trutschler cards, 9 draw
frames, 5 open end spinning machines, 6 auto coners, 1 warping machine and 2 sizing machines
during the year 1992. In 2nd December of the year 1993, the company had launched the Euro
Issue in the international markets.
During the period of 1995, BDMCL had increased its capacity from 1,12,000 TPA to 1,45,000
TPA. The Company introduced three new brands for Home collection in the year 1997 and also
in the same year, BDMCL had introduced various projects in its mills to improve the quality of
yarn and fabric and reduce rejects. The Company had signed up with fieldstone Cannon of the
US to setup a 50:50 joint venture to make terry towels.
In 1998, the company introduced two new brands viz Princeton and Forest Hills in Apparel and
Tulip and Harmony in the home collection segment almost seven years after the launch of its
Vivaldi brand.
The Company had won the SRTEPC and TEXPROCIL Gold Trophies for its outstanding export
performance for poly cotton blended fabrics and made-ups for the year 1998-99. BDMCL made
a terry towel joint venture project with the US-based Fieldcrest Cannon in 1999. The Jamnagar
Spinning unit of the company, which was situated in Gujarat, closed down with effect from July
29th of the year 2000. The Company had acquired the 51% of stake in Proline India for a sum of
Rs. 4 cr during the year 2002 and changed its Readymade Garment Business to the same Proline
India Limited.
Bombay Dyeing unveiled 150 new designs in bed and bath linen and home towel category in the
same year of 2002. BDMCL made tie up with Nickleodeon for a merchandising arrangement in
the year 2005. The real estate division of the company had commenced the development of the
two properties Spring Mills, Dadar and Textile Mills, Worli during the year 2005-06.
The DMT Plant operations had been suspended from 6th March of the year 2006 to enable
implementation of the Polyester Stable Fibre (PSF) in the same site of the company. In January
2007, commissioning of PSF plant in sections commenced and by 31st, 2007, part of the plant
was under operational testing. The Company committed a major part of the total capital
expenditure of Rs. 206 crores in 31st March of the year 2007 for a new state-of-the-art
processing unit along with in-house stitching facilities at Ranjangaon.
The analysis of financial measures of performance are enclosed herewith.
Bombay Dyeing &
Manufacturing Company Ltd.xlsx

Reference for P/L data: http://money.rediff.com/companies/Bombay-Dyeing-Manufacturing-
Company-Ltd/16010003/profit-and-loss
Reference for B/S data: http://money.rediff.com/companies/Bombay-Dyeing-Manufacturing-
Company-Ltd/16010003/balance-sheet