COMPANY OVERVIEW
Shine Fashions (India) Limited is engaged in Manufacturing, supplying and trading of non -woven interlining fabrics, woven fusible interlinings and microdot fusible interlinings\SFIL has a reliable source of manufacturers for their products in the markets. The interlinings also known as a type of technical textiles comes in various forms used in garments like Shirts , Trousers , Suits , Ethnic
wear (Men & Women). SFIL offers the most comprehensive range of interlining solutions, such as waterjet interlinings for Suits/ Ethnic wear, Lining fabrics used specifically for Suits & waistband interlinings for menswear Trouser, Shirt
interlinings for Collars , Cuffs Plackets, Hair interlinings for antiwrinkle for suits, water-soluble interlinings for dedicate embroidery and prefabricated products for tapes and chest pieces.
INDUSTRY OVERVIEW
India is the 5th largest producer of technical textiles in the whole world .
India’s Textiles Exports were highest ever in FY 2021-22, crossing $44 Bn.
15% of India’s total textile and apparel business is made up of the technical textiles sector.
PRODUCT OVERVIEW
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Cotton Interlining
The use of cotton fusible interlinings, reinforced with materials like High Density Polyethylene, Low Density Polyethylene, and
Polyamide, adds structure and durability to garment components such as collars, cuffs, and pocket flaps. While 100% cotton
interlinings are ideal for stiffening collars and retaining shape, lightweight options with a softer touch provide comfort and
flexibility. Recent innovations have also introduced natural fiber interlinings like wool and silk, offering a balance between
structural integrity and a softer feel through advanced weaving techniques. Overall, interlining choice depends on factors like
structural needs, aesthetics, and wearer comfort, driving ongoing developments in materials and techniques. -
Water Jet Woven Fusible Interlining
Fusible interlinings, whether woven, knitted, or non-woven, provide reinforcement and stability to fabric panels when bonded
mechanically or thermally. They’re widely used in the sewing industry due to their affordability and ease of mass production.
However, their downside lies in reduced flexibility and comfort, as well as limited stretch during movement. Additionally, fused
interlinings can impede breathability and give garments a stiff appearance, affecting details like lapel rolls negatively. Moreover,
they tend to be less durable over time, often developing bubbles on the lapels and jacket body after a few washes. -
Hair Canvas
Hair cloth, traditionally made from horsehair or camel hair, provides stiffness and structure to garments. Hair canvas interfacing,
typically made from goat hair, rayon, or wool, is used in tailoring jackets and coats for crisp detail and firm control. It is
sandwiched between the outer fabric and lining, serving as the garment’s “skeleton” to maintain shape and support. Hand-sewn
to the fabric, it offers flexibility and comfort, adapting to movement and minimizing pressure points, resulting in longer-lasting
garments. Half canvas construction, extending from the padded shoulder to halfway down the jacket body, offers a balance
between structure and cost, providing support and better fitting than non-canvas options while being lighter and less structured
than full canvas. -
Waist Band Interlining
The process of making waistband interlinings involves ultrasonically cutting a fabric with warp and fill yarns of a thermoplastic
material, with an acrylic finish to facilitate cutting and prevent brittleness in fused fibers. The resulting material has a smooth
edge formed from fused fill fibers and possibly one warp thread. This interlining is used in waistband assemblies for pants and
slacks. We offer both standard and custom cut rolls for shirt plackets, waistbands, and cuffs, using advanced machinery for
precision cutting. Our ability to quickly supply customized rolls is a significant advantage. Additionally, we provide a range of
ready-to-use collars and cuffs in various patterns, cut using the latest technology by our process partners. -
Traffeta Suit Interlining
Taffeta is a luxurious fabric commonly used as lining material in high-end apparel such as trousers, suits, wedding dresses, and
corsets, as well as for theatrical costumes and fancy dress. Its smooth, crisp texture helps garments maintain shape and
provides insulation. Typically made of silk, taffeta boasts a lustrous sheen and is woven in a plain weave pattern. It is favored
for evening gowns, jackets, skirts, blouses, coats, and interior decorations, including curtains. Piece-dyed taffeta, often
polyester, offers durability and washability without fading or fraying, making it suitable for linings in various garments, especially
jackets and coats. -
Tricot Interlining
Interlining fabric serves as a foundational element in garment construction, offering body, structure, and durability. Fusible
interfacing, applied with heat, is a common choice for this purpose. Tricot fabric, recognized for its fine wales and crosswise
ribs, is a versatile option often used in lingerie and laminated fabrics. Tricot interfacing provides support and shape without
adding bulk, with its smooth non-fusible side ensuring comfort against the skin. While it is commonly used to stabilize both
knit and woven fabrics, it is important to test on scraps before application. Tricot fabric is utilized in a variety of garments,
including sleepwear and dresses, and is also found in various textiles such as nets, laces, bedspreads, and carpets, often
featuring intricate lace-like patterns. -
Double Tape & Web Interlining
4 Freudenberg webs offer lightweight bonding for modern outer fabric combinations, easily applied with an iron. Double-Sided
, Fusing Tape, also known as Rivil Civil Tape or Fabric Fusible Tape, simplifies hemming by creating clean hems without the need
for sewing. Made of viscose, this adhesive tape bonds fabric pieces effectively, but caution is advised for very smooth or sticky
fabrics and direct contact with high-heat irons to prevent melting. -
Circular Interlining
Circular knitting is a method used to produce fabrics like T-shirt material and interlinings in a continuous tube shape. Fabrics
made through circular knitting are light, elastic, and thin, with a gauge ranging from 12 to 22 determining thickness. These fabrics
offer breathability and good drape. Circular knitting machines are known for their high-speed production, making them cost effective for bulk manufacturing. Circular knit interlinings, whether fusible or not, possess stretch and recovery properties, making
them suitable for knit garments with stretchable areas. Advances in technology have led to innovations like seamless garment
construction. -
Non Woven Interlining
Non-woven fabrics are polymer-based textiles created by bonding fibers without weaving. They offer high strength and are costeffective. These fabrics, made from materials like polypropylene and polyester, are used in a variety of applications, including
disposable surgical gowns, filters, face masks, and wet wipes. They are also popular for tea and coffee bags due to their
strength when wet and lack of taste or odor. Non-wovens find use in protective clothing, garment linings, weddings, shoe linings,
and synthetic leather fabrics, providing versatility and convenience.
Compounded Sales Growth
3 Years: 99%
TTM: 109%
Compounded Profit Growth
3 Years: 157%
TTM: 137%
Stock Price CAGR
3 Years: 66%
1 Year: 211%
Return on Equity
3 Years: 27%
Last Year: 47%
FINANCIAL HIGHLIGHTS AND FUTURE PROJECTON
RISKS
This is a microcap company and any adverse turn make permanent loss of capital.
Textile sector is highly cyclical industry.
Very low liquidity.
Disclosure- Invested