Mallcom India

• Mallcom India Ltd was founded in 1983 by Mr. Ajay Mall as a small leather gloves manufacturer headquartered out of Kolkata, India. 
• Today it has grown to become one of the largest manufacturers and distributors of Personal Protective Equipment (PPE) products in India, with over 90% of orders coming from repeat customers. 
• An ISO certified and government registered trading house, Mallcom provides a one stop solution for manufacturing one of the widest range of head-to-toe PPE products from helmets, eyewear, ear protection, face masks, safety garments, gloves, to shoes, and many more. 
• The company is also one of the largest exporters of PPE products from India exporting to 55+ countries across 6 continents. 
• It has an expansive manufacturing footprint with 13 production facilities spread across India and captive test labs that ensure quality standards. 
• Over the year the company has focused on backward integration wherever possible resulting into significant cost savings and gradual margin expansions.
• FY25 OPERATIONAL HIGHLIGHTS 
• Increase in Other Income in Q4-FY25 of Rs.25.40 Crore was due to outright sale of Land & Building of an erstwhile garment unit Kolkata-700039
• Decrease in EBITDA Margin in FY25 was mainly due to higher Marketing, Branding & Consultancy fee incurred during the year in line with company’s effort to increase operational efficiency and market share
• The first phase of Sanand-II, Gujarat (Greenfield Project) set-up for manufacturing of Protec work wear is now complete and undergoing trial runs. 
• The Project cost for this unit stand at Rs.95 Cr. With the basic infrastructure ready the company plan to install additional line of machinery during the year as well as projects further addition as per market requirement and response.
• The Greenfield Project for manufacturing of Industrial Safety Shoes “A DIPP approved Design Studio” being set up at Chandpur, West Bengal is also complete and undergoing trial runs. 
• The Project Cost for this Unit stands at Rs.25 Cr. against which company will be getting a total subsidy of Rs.7.20 Cr. out of which Rs.5.10 Cr. is already received during the FY 25.
• During FY25, the company has made a Consolidated Investment of Rs.78.67 Crores on cash basis in Fixed Assets, the entire fund has been generated andutilized through internal accruals.
• The Company received various awards and accolades in FY25 like: “Great Place to Work certification” - on the 1st attempt for the company and SafetyLeadership Award at the Outlook Business Spotlight Achievers Award 2024.
• During the year ICRA the rating agency re-affirmed the long-term credit rating of the company assigned as “A” with stable outlook. 
• The company alsocontinued to enjoy status as “Three Star Export House” granted by Ministry of Commerce and Industry and “AEO T1", status holder, assigned by CBIC, Ministryof Finance
• The company launched wider-toe safety shoe in ergonomically designed single density GARUD(r) sole and introduced a new range of aesthetically createdpremium leather gloves range called "Kaala Peela" for the Indian market during FY25, both getting significant response.
• Also launched a revamped platform for own e-commerce marketplace offering head-to-toe PPE, which has been well appreciated by the users.
• Entered into a IPR agreement and getting sole rights to Chacha Chaudhary/ Sabu, both renowned cartoon characters, helping in increased visibility forcompany’s marketing efforts for its products as well as in promoting the social awareness about safety and use of safety products at workplace.