Verified employee & interview reviews

Dollar Industries Reviews

Kolkata, West Bengal

4.0/ 5

2 reviews

Dollar Industries Limited, originally founded in 1972-73 as Bhawani Textiles, is one of India’s premier players in the hosiery and knitwear industry. Headquartered in Kolkata, West Bengal, the company has transformed over five decades from a single-brand enterprise into a prominent multi-brand apparel house. It commands a significant 15% market share in the organized segment of the Indian hosiery market, demonstrating its robust competitive positioning. The company is publicly traded on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) under the ticker symbol DOLLAR. Operating as a fully integrated textile unit, Dollar Industries manages a comprehensive value chain that spans spinning, knitting, processing, dyeing, and garment manufacturing. The company is recognized as the first Indian innerwear company with a fully integrated manufacturing unit, highlighted by its state-of-the-art processing division at SIPCOT near Tirupur, Tamil Nadu. In addition to Tirupur, its manufacturing facilities are strategically located across Kolkata, New Delhi, Ludhiana, and Rohtak. This extensive operational framework is supported by an robust logistics infrastructure consisting of over 20 warehouses, 8 depots, and 14 branches. The company offers a diverse range of products encompassing knitted innerwear, casual wear, thermal wear, and athleisure garments for men, women, and children. Its extensive brand portfolio includes popular market names such as Dollar Bigboss, Dollar Missy, Dollar Always, Dollar Man, Dollar Woman, Dollar Junior, Dollar Thermals, and Force NXT. To deepens its market penetration, Dollar Industries distributes its products through a vast network exceeding 1,100 dealers and more than 1,20,000 retail touchpoints across 29 Indian states. The company also maintains a strong international presence, exporting its merchandise to over 15 countries, primarily across the Middle East and Africa. Dollar Industries places a strong emphasis on sustainability and environmental management. It runs a 4 MW captive solar power plant and four wind mills with a capacity of 4.95 MW in Tamil Nadu, generating significant renewable energy for captive consumption. Furthermore, the company has invested in an advanced effluent treatment plant utilizing Zero Liquid Discharge (ZLD) processing technology to comply with environmental standards. Management is led by key promoter-executives, including Managing Director and CEO Vinod Kumar Gupta, Joint Managing Director Binay Kumar Gupta, and Whole-time Directors Krishan Kumar Gupta and Bajrang Kumar Gupta. As of December 2025, the promoter group maintains a dominant equity stake of 72.2% in the business. Financially, the company has sustained a healthy financial position, marked by sound liquidity, adequate cash accruals, and low long-term debt obligations, reflecting its strong operational stability within the consumer discretionary textile sector.