About Chandigarh Spinning Mill
Chandigarh Spinning Mill is an Industrial Goods & Manufacturing company based in India founded in 2019. It manufactures recycled yarns from textile waste using advanced machinery for textile applications. It operates on a B2B model. The company has 42 employees. Its Indian entity Chandigarh Spinning Mills Ltd reported revenue of ₹38.68 Cr. Chandigarh Spinning Mill offers products and services including Open End Yarn. Its focus areas include Sustainability, Recycling Tech, Waste Management and Textile Recycling.
Company details
Chandigarh Spinning Mills Ltd. focuses on producing open end yarns from recycled materials like used garments and PET bottles. Based in Derabassi, Mohali, Punjab, India, the company employs cutting-edge technology from Rieter and Saurer for efficient recycling processes. They emphasize sustainability by transforming textile waste into yarns for weaving, knitting, hosiery, and socks, serving industrial clients while promoting environmental well-being.
- Headquarters India
- Employees 42
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website chdspinmill.com
- Legal Name Chandigarh Spinning Mills Ltd
- Date of Incorporation 11 Oct, 1994
- Jurisdiction Chandigarh, India
- Annual Revenue₹38.68 Cr
FY 2024 · +9% YoY
- Net Profit₹2.25 Cr
FY 2024 · 6% margin
- EBITDA₹5.56 Cr
FY 2024 · 14% margin
- Employee Count42
Associated legal entities of Chandigarh Spinning Mill
Chandigarh Spinning Mill operates through Chandigarh Spinning Mills Ltd (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Chandigarh Spinning Mills Ltd CIN U17115CH1994PLC015151 | Active | 11 Oct 1994 | Chandigarh, Chandigarh | ₹38.7 Cr | 42 | 6 | View details |
Products & Services of Chandigarh Spinning Mill
Chandigarh Spinning Mill offers a comprehensive portfolio of products and services, including Open End Yarn.
Yarn produced from recycled textiles for weaving and knitting uses.
Board of directors of Chandigarh Spinning Mills Ltd (Chandigarh Spinning Mill)
Chandigarh Spinning Mills Ltd is the primary company behind Chandigarh Spinning Mill. The board of Chandigarh Spinning Mills Ltd currently have 6 directors; the longest-serving is Jawahar Lal, appointed in 2001. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jawahar Lal DIN 02476547 | Director | 16 Jul 2001 | 25 yrs 3 mo | Chandigarh Spinning Mills Ltd |
| Sandeep Goel DIN 02683425 | Director | 16 Jul 2001 | 25 yrs 3 mo | Chandigarh Spinning Mills Ltd |
| Gagan Bala DIN 08350308 | Director | 09 Feb 2019 | 7 yrs 8 mo | Chandigarh Spinning Mills Ltd |
| Sidharth Goel DIN 08352623 | Director | 09 Feb 2019 | 7 yrs 8 mo | Chandigarh Spinning Mills Ltd |
| Sheetal Taneja DIN 05342777 | Director | 09 Feb 2019 | 7 yrs 8 mo | Chandigarh Spinning Mills Ltd |
| Harsh Dhir DIN 05342764 | Director | 09 Feb 2019 | 7 yrs 8 mo | Chandigarh Spinning Mills Ltd |
Financials of Chandigarh Spinning Mill
Figures of Chandigarh Spinning Mills Ltd, the primary company behind Chandigarh Spinning Mill, for FY 2024. Revenue was ₹38.68 Cr (+9% year on year). Net profit was ₹2.25 Cr (6% margin). EBITDA was ₹5.56 Cr (14% margin). Revenue has grown at a compounded annual rate of +32% over three years and +12% over five years.
- ₹38.68 CrRevenue · FY 2024 · +9% YoY
- ₹2.25 CrNet profit · 6% margin
- ₹5.56 CrEBITDA · 14% margin
- ₹2.05 CrPaid-up capital
- 42Employees (provident fund records)
- +32%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Chandigarh Spinning Mills Ltd are on its company page.
Detailed financial statements for Chandigarh Spinning Mill
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Chandigarh Spinning Mill (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 193 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about Chandigarh Spinning Mill
Chandigarh Spinning Mill was founded in 2019.
Chandigarh Spinning Mill is headquartered in India.
Chandigarh Spinning Mill has 42 employees.
The primary company behind Chandigarh Spinning Mill, Chandigarh Spinning Mills Ltd, reported revenue of ₹38.68 Cr for FY 2024, up 9% year on year.
Chandigarh Spinning Mills Ltd. focuses on producing open end yarns from recycled materials like used garments and PET bottles. Based in Derabassi, Mohali, Punjab, India, the company employs cutting-edge technology from Rieter and Saurer for efficient recycling processes. They emphasize sustainability by transforming textile waste into yarns for weaving, knitting, hosiery, and socks, serving industrial clients while promoting environmental well-being.
Chandigarh Spinning Mill offers Open End Yarn.
Chandigarh Spinning Mill operates through Chandigarh Spinning Mills Ltd.
The legal entities of Chandigarh Spinning Mill currently have 6 directors, including Jawahar Lal, Gagan Bala, Sidharth Goel and others.