Candex Filament Private Limited
About Candex Filament Private Limited
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Candex Filament Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the tobacco products and alternatives segment of the FMCG sector. It was incorporated on 17 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17114PB2009PTC033370. Its GSTIN is 03AADCC7947C1ZX (Punjab). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rakeshkumar Sat Prakash Goyal and Kanav Goyal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 851 Industrial Area A, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2020, the company reported a revenue of ₹81.9 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹93,523 (net margin 0%) and EBITDA of ₹4.54 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 204% over three years.
Court records list 4 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Candex Filament Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered Address851 Industrial Area A, Ludhiana, Punjab, India – 141003
- IndustryFMCG, Tobacco Products & Alternatives
To see the full contact details of Candex Filament Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Candex Filament are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Candex Filament Private Limited, buy the company report.
Financials of Candex Filament Private Limited
FY 2020 filings availableCandex Filament Private Limited reported revenue of ₹81.9 Cr (down 55% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 55% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 204%. EBITDA fell 74% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹81.9 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹93,523 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Candex Filament Private Limited, buy the company report.
Board of directors of Candex Filament Private Limited
Candex Filament has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakeshkumar Sat Prakash Goyal | Director | 25 May 2017 | 9 Years 5 Months | Current |
| Kanav Goyal Also directs: Modak Dyeing & Printing Company Private Limited, Cannon Industries Private Limited, Cis Exports Private Limited and 5 more | Director | 25 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Candex Filament Private Limited is compared with the 7 companies closest to it by revenue in the FMCG industry (Textiles, Tobacco Products), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pragati Synthetics Private Limited | ₹82.03 Cr (FY 2025) | 14.0% | Surat, Gujarat, India | |||
| Opera Clothing Private Limited | ₹82 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| C & R Textiles Private Limited | ₹81.97 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| Natraj Wooltex Limited | ₹81.95 Cr (FY 2025) | 20.0% | Amritsar, Punjab, India | |||
| Candex Filament Private Limitedthis company | ₹81.9 Cr (FY 2020) | ₹93,523 | 0% | -55.0% | Ludhiana, Punjab, India | |
| P A R K Non-Woven Private Limited | ₹81.8 Cr (FY 2025) | -2.0% | Delhi, India | |||
| Dhananjai Lifestyle Limited | ₹81.75 Cr (FY 2025) | 22.0% | Howrah, West Bengal, India | |||
| Vinit Fabrics Private Limited | ₹81.72 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Candex Filament Private Limited, buy the company report.
Auditor
Candex Filament Private Limited is audited by S KARAN SHARMA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S KARAN SHARMA & CO | FY 2020 | 006890N |
Shareholding
The shareholding of Candex Filament Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Candex Filament Private Limited, buy the company report.
Legal cases
Candex Filament Private Limited has 4 court cases on record: 3 filed by Candex Filament, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Writ petition | Filed against the company by M/S Candex Filament P Ltd and 1 other | Pending |
| High Court, PUNJAB | Writ petition | Filed by the company against M/S Candex Filament P Ltd and 2 others | Pending |
| High Court, PUNJAB | Writ petition | Filed by the company against Union of India and Others and 5 others | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Principal Commissioner of Customs (Preventive) & Anr. | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by SH. Ashwani Chopra , Prop of Ms. Ap India | Disposed |
To see the full case history of Candex Filament Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Candex Filament Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Candex Filament has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCC7947C1ZX | Punjab | Active | 18 Aug 2017 |
To see the full GST registrations and return filing status of Candex Filament Private Limited, buy the company report.
Recent activity
Candex Filament Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Geeta Goyal ceased to be Director on 26 May 2017.
Frequently asked questions
Candex Filament is an active private limited company based in Ludhiana, Punjab, India. The company works in tobacco products and alternatives, within the FMCG industry. It was incorporated on 17 November 2009 (17+ years old) and is registered under CIN U17114PB2009PTC033370.
Candex Filament has 2 current directors:
- Rakeshkumar Sat Prakash Goyal - Director
- Kanav Goyal - Director
The latest financial statements of Candex Filament on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Candex Filament is 03AADCC7947C1ZX, registered in Punjab. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Candex Filament is U17114PB2009PTC033370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candex Filament has 4 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Candex Filament was incorporated on 17 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Candex Filament by revenue are Pragati Synthetics Private Limited, Opera Clothing Private Limited, C & R Textiles Private Limited, Natraj Wooltex Limited, P A R K Non-Woven Private Limited and 2 more, all in the FMCG industry (Textiles, Tobacco Products), with the same principal business activity (textile, leather and other apparel products).
Geeta Goyal ceased to be Director on 26 May 2017. Rajat Goyal ceased to be Director on 26 May 2017. Kanav Goyal was appointed as Director on 25 May 2017. Candex Filament has 4 board changes on record in total.
The registered office of Candex Filament is at 851 Industrial Area A, Ludhiana, Punjab, India – 141003.
Candex Filament operates in the FMCG industry, in the tobacco products and alternatives segment.
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