Industry

Handloom Weaving and Textiles

For master weavers, weavers' co-operative societies, handloom manufacturers and traders, and showrooms in Tamil Nadu.

Margins depend on silk and zari prices that move with the market, and on work given out on piece rates.
They also depend on long credit through the festival and wedding seasons.

Where money usually leaks

Which of these happen in your business?

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Two sarees that sell for the same price can leave very different margins, depending on the silk, the zari and the time on the loom.Pieces are costed at last season's silk and zari prices, not at what replacing the stock will cost.Under the master-weaver model, the yarn and zari sit with dozens of weavers. The records have to show where they are.Designs go out of fashion, but the silk and zari in them still hold value. Stock needs valuing on both counts.Money goes out months before the festival and wedding seasons, and comes back only after them.

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1 Where money leaks 2 The rules for this industry 3 What we do about it

What we check for you

We cost each piece from the weaving specification: yarn, zari, wastage, piece-rate wages, dyeing, finishing and packing.
We take silk and zari at today's price.
We keep a register of yarn and zari issued to each weaver, and reconcile it with the cloth and waste returned.
We match piece-rate payments to pieces received, and track advances to weavers.
We age finished stock by design, value it at cost or realisable value, whichever is lower, and work out GST and TDS on weavers' job work.
We prepare a month-by-month cash plan for the season.

The rules for this industry, in detail →

Our promise

We work from your own records, and we show you how each figure was worked out.