Building a Safety Legacy Since 1983
With a legacy spanning over four decades, Mallcom (India) Ltd. has emerged as India’s largest integrated manufacturer of personal protective equipment (PPE), combining a strong domestic presence with an impressive global footprint. What began in 1983 as a leather glove manufacturing venture in Kolkata under the leadership of Mr. Ajay Mall has today grown into a diversified, innovation-led conglomerate serving safety needs across over 55 countries and six continents. From protective helmets and apparel to advanced industrial shoes and gloves, Mallcom offers comprehensive head-to-toe protection powered by deep technical expertise in leather, textile, nitrile, and plastic processing.
Robust Infrastructure and Scalable Manufacturing
Mallcom’s strength lies in its expansive, vertically integrated manufacturing infrastructure. With 13 modern units located across West Bengal, Gujarat, and Uttarakhand, the company operates over 1 million square feet of production space and employs more than 3,000 workers, of which one-third are women. These units span DTA, EOU, and SEZ zones, ensuring seamless access to global markets via proximity to key ports and airports.
The company’s manufacturing capacities illustrate its impressive scale: an annual output of 150 million masks, 14 million nitrile butadiene rubber (NBR) gloves, 12 million leather gloves, 3 million pairs of industrial safety shoes, 3.6 million apparel units, 1.2 million helmets, and 2.8 million knitted gloves. This comprehensive in-house capability gives Mallcom full control over cost, delivery, and product quality, positioning it as a trusted sourcing partner for some of the world’s leading retailers and industries.
Diverse Product Portfolio with End-to-End Safety Solutions
Mallcom’s product offerings span across key PPE categories. For head protection, the company manufactures helmets, eyewear, earplugs, and face masks engineered for comfort and ergonomic utility. In hand protection, it offers one of the most comprehensive ranges of gloves in the world—ranging from string-knit, nitrile, latex, and neoprene to premium-grade leather gloves—targeted for diverse sectors such as automotive, construction, metallurgy, oil & gas, and chemicals.
Its apparel and body protection line includes safety clothing, workwear, flame-retardant garments, rainwear, and insulated winterwear, tailored for both industrial and service sectors. Foot protection remains a significant contributor to its revenues, with more than 3 million pairs of industrial safety shoes manufactured annually. In FY25, safety shoes accounted for 41% of total revenue, garments 28%, leather gloves 18%, nitrile gloves 9%, and knitted gloves and other segments made up the balance—showcasing Mallcom’s product diversification and category leadership.
Innovation and Product Development at the Core
Innovation is at the heart of Mallcom’s growth story. The company’s R&D and product development teams regularly launch new ranges based on customer insights, market trends, and evolving safety standards. FY25 saw the introduction of key innovations such as GARUD® safety shoes, developed with wider toes and single-density soles to enhance wearer comfort and reduce fatigue. For the Indian market, Mallcom launched Kaala Peela leather gloves—a premium, aesthetically-designed glove series blending safety with cultural resonance.
Responding to evolving consumer preferences, Mallcom also introduced a line of featherlight helmets and ergonomic comfort-fit apparel. These were designed in consultation with end-users to ensure real-world functionality and compliance. On the digital front, the company revamped its e-commerce platform to directly connect with retail and institutional buyers. A unique marketing initiative included an exclusive IPR agreement with Indian comic icons Chacha Chaudhary and Sabu—an inventive way to amplify PPE awareness across India.
Strategic Expansion to Meet Growing Demand
To support its ambitious growth trajectory, Mallcom made significant infrastructure investments in FY25. In Sanand, Gujarat, Phase I of a greenfield manufacturing facility focused on ‘Protec’ workwear was completed with production trials underway. This project, developed at a cost of ₹95 crore, adds critical capacity in the apparel division. Meanwhile, a new industrial safety shoe plant was developed at Chandpur, West Bengal, which includes a DIPP-approved design studio and began trial production in FY25. This ₹25 crore project benefited from a ₹5.1 crore government subsidy, reinforcing Mallcom’s alignment with India’s manufacturing expansion goals.
Over ₹78.67 crore was invested in fixed assets during the year, entirely funded through internal accruals, demonstrating Mallcom’s financial discipline and operational resilience.
Sustainability and Social Responsibility as Pillars of Growth
Mallcom has taken definitive steps toward sustainable manufacturing. It uses renewable energy and energy-efficient machinery across facilities, supported by in-house Effluent Treatment Plants (ETPs) to recycle and reuse wastewater. Leather waste is repurposed, and packaging is steadily being replaced by biodegradable alternatives.
The company received the prestigious Great Place to Work certification in its first attempt, reflecting its emphasis on employee satisfaction and welfare. Additionally, Mallcom was awarded the Safety Leadership Award at Outlook Business Spotlight Achievers 2024. On the CSR front, the company sponsored para-badminton athlete Manasi Joshi for the Paralympics and has continued to promote rural employment, especially for women, around its manufacturing hubs.
Consistent Financial Performance and Global Market Reach
In FY25, Mallcom recorded an operational income of ₹4,868 million, marking a 16% year-on-year increase. EBITDA stood at ₹609 million, with a margin of 12.51%. The company reported a 58% growth in profit after tax (PAT), which rose to ₹574 million, reflecting a PAT margin of 11.8%. Earnings per share (EPS) was ₹92.04, highlighting strong shareholder value creation.
A notable 90% of business came from repeat clients, a testament to customer satisfaction and loyalty. Regionally, Asia contributed 44% to revenue, followed by Europe at 39%, South America at 11%, and North America at 4%. The company maintains a healthy balance sheet, with a net worth of ₹2,996 million and a net debt-to-equity ratio of just 0.37x—ensuring stability and flexibility for future investments.
Certifications, Compliance and Global Clientele
Mallcom’s reputation as a premium PPE manufacturer is further reinforced by its global certifications and government accreditations. It holds ISO certification and is registered as a government trading house. The company also holds Three-Star Export House status from the Ministry of Commerce and AEO T1 status from the Ministry of Finance (CBIC), reflecting high compliance standards in international trade.
Its safety gear complies with stringent global standards, including CE, ANSI, and IS specifications. The company’s clientele includes some of the world’s leading retailers and industrial buyers who rely on Mallcom’s consistency, customization, and on-time deliveries.
Scaling with Purpose and Precision
Mallcom’s future roadmap is anchored in expanding capacity and reach. It is focused on scaling up the Sanand and Chandpur facilities, introducing more design-centric product lines, and deepening its direct-to-consumer (D2C) footprint via e-commerce. A strong focus is also placed on enhancing domestic brand recall as PPE consumption within India grows.
Strategically, Mallcom is pursuing backward integration, automation, and digital adoption to boost productivity and cost-efficiency. It also plans to enter new export markets, strengthen its distributor networks, and build collaborative relationships with global partners. Sustainability, digital transformation, and workforce wellbeing remain at the core of its long-term growth philosophy.
A Future-Ready PPE Pioneer
Mallcom (India) Ltd. represents a rare combination of heritage, innovation, and operational excellence in India’s industrial safety landscape. With a mission to protect people across the globe through superior, sustainable, and reliable PPE, the company continues to set new benchmarks in manufacturing and corporate responsibility. As industries worldwide prioritize safety, compliance, and ethical sourcing, Mallcom is poised to lead this shift with unwavering commitment and global ambition. In a rapidly evolving world, Mallcom is not only delivering protection—it is shaping the future of workplace safety.