Bombay Dyeing was established by Nowrosjee Wadia in 1879 as a small operation of Indian spun cotton yarn dip dyed by hand. Today, it has grown to be one of the most trusted home furnishing brands in the country. Although it is more popular for the retail business, the company is primarily engaged in real estate development and manufacturing of polyester staple fibre.
Bombay Dyeing is one of the earliest Wadia Group companies to have listed on BSE and the National Stock Exchange of India (NSE) in the year 1994.
As of September 2023, promoters held 53.59% stake in the company, with the remaining 46.41% with the public. The market capitalisation of Bombay Dyeing stood at ₹3,155 crore as of December 2023. Bombay Dyeing share price has surged 104% in the last three years.
Business operations
Bombay Dyeing and Manufacturing has three key divisions, each catering to its real estate, polyester manufacturing and retail businesses.
Bombay Realty: The company’s real estate venture, Bombay Realty, accounted for 35.6% of total turnover in 2022-23. Bombay Realty is known for two prime developments in the heart of Mumbai – the Island City Centre (ICC) located at Dadar and Wadia International Centre (WIC) at Worli.
The Island City Centre is being developed into world-class residences, offices and retail space, while the WIC is spread across 25 acres and is going to be a luxury mixed-use project consisting of residences, offices, a luxury hotel, a mall and a state-of-the-art hospital.
Polyester Business: The business contributed almost 62.5% to the company’s total revenue in FY23. Bombay Dyeing is one of the seven producers of polyester staple fibre (PSF) in the country with a market share of about 12%.
Bombay Dyeing: Polyester Division is engaged in manufacture of 100% virgin polyester staple fibre. After over two decades of manufacturing polyester intermediaries, the company decided to set up its own polyester plant in 2007.
In addition to having a significant market share in the Indian domestic market, its products are exported across the globe to Europe, North and South America, Middle East, Africa and Asia.
Home & You: The company’s bed, bath and coordinates retail business operates under the Home & You brand. Through this division, the company sells linens, towels, home furnishings, leisure clothing, kids wear and a whole range of other products through more than 350 exclusive Bombay Dyeing retail and over 2,000 multi-brand stores. The business contributed 1.9% to the company’s total revenue in 2022-23.
Bombay Dyeing & MFG. CO Financial Highlights
- Revenue: Bombay Dyeing & MFG. CO reported revenue of ₹1,595.06 crore in FY26 vs ₹1,732.34 crore in FY25. It showed a decrease of 7.92% on a yearly basis.
- Operating Profit: Bombay Dyeing & MFG. CO reported an operating profit of ₹31.45 crore in FY26 vs ₹600.86 crore in FY25. It showed a decrease of 94.77% on a year-on-year basis.
- Net Profit: Bombay Dyeing & MFG. CO reported a net profit of ₹26.92 crore in FY26 vs ₹490.16 crore in FY25. It showed a decrease of 94.51% on a yearly basis.
Bombay Dyeing & MFG. CO Quarterly Result Highlights
- Bombay Dyeing & MFG. CO reported revenue of ₹433.92 crore in Jun 2026, compared with ₹437.70 crore in Mar 2026, representing a decrease of 0.86% on a quarter-on-quarter (QoQ) basis.
- Bombay Dyeing & MFG. CO reported an operating profit of ₹10.37 crore in Jun 2026, compared with ₹28.23 crore in Mar 2026, representing a decrease of 63.27% on a quarter-on-quarter (QoQ) basis.
- Bombay Dyeing & MFG. CO reported a profit of ₹7.08 crore in Jun 2026, compared with ₹21.04 crore in Mar 2026, reflecting a decrease of 66.35% on a QoQ basis.
- The earnings per share (EPS) of Bombay Dyeing & MFG. CO stood at ₹1.30 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.