Envoy Textiles Limited has announced an investment of BDT 187 crore to expand its production capacity and strengthen future growth.
Of the total investment, BDT 179 crore will be allocated to expand open-end rotor spinning capacity, while BDT 8 crore will be used to acquire adjacent land. The expansion will double production capacity at its Bhaluka factory in Mymensingh from 25 tons per day to 50 tons.
The company said the project will utilise recovered materials and underused capacity, with most of the additional yarn output intended for internal denim production, improving vertical integration and efficiency.
The expansion will be financed through a 70:30 debt-to-equity ratio. Additionally, the board approved the purchase of 50.37 decimals of land near its Jamirda factory for future development.
Financially, Envoy reported a decline in earnings per share (EPS) to BDT 1.54 for the January–March 2026 quarter, compared to BDT 2.44 in the same period last year. However, net operating cash flow per share rose significantly to BDT 16.85 for July 2025 to March 2026, up from BDT 3.27 year-on-year.
