- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0025596

About Cedaar Textile Limited
Data last updated:
Cedaar Textile Limited is a public limited company based in Bengaluru, Karnataka, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 28 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17299KA2020PLC139070. Its GSTIN is 03AAJCC0212A1ZR (Punjab). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on NSE: CEDAAR.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.88 Cr. It is led by directors including Rajesh Mittal (Managing Director) and Bachangada Monnappa Saraswathi.
Its last annual general meeting (AGM) was held on 15 November 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Kssidc Plot No B – 34 Industrial Estate Yelahanka New Town, Bengaluru, Karnataka, India – 560064.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹162.8 Cr, a decline of 21.7% compared to the previous year. For the same year it recorded a net loss of ₹71.39 Cr (net margin -43.9%) and EBITDA of -₹82.89 Cr (EBITDA margin -50.9%). The net worth stands at ₹48.43 Cr (down 26.3% YoY). Total assets are valued at ₹156.18 Cr (down 14% YoY).
The company has about 392 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cedaar Textile. As per MCA filings, the company has open charges of ₹213.23 Cr and satisfied charges of ₹7.5 Cr on record. The company has 4 deals on record (2 secondary share transfers, 1 ipo, 1 funding round), with disclosed funding of ₹28.4 Cr; the latest was in July 2025. Its 10 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 5 smaller; the largest is The Kadri Mills (Cbe) Private Limited with revenue of ₹192.48 Cr.
Cedaar Textile Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0025596). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cedaartextile.com.
Company details
CIN history
Cedaar Textile has one previous CIN (Corporate Identification Number): U17299KA2020PTC139070. The current CIN is U17299KA2020PLC139070, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17299KA2020PLC139070 | Current |
| U17299KA2020PTC139070 | Previous |
Recognitions & Rankings of Cedaar Textile
Contact details
Cedaar Textile Limited's registered office is in Bengaluru, Karnataka. Its website is cedaartextile.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKssidc Plot No B – 34 Industrial Estate Yelahanka New Town, Bengaluru, Karnataka, India – 560064
- IndustryAppreal & Fashion, Leather, Apparel, Textile
To see the full contact details of Cedaar Textile 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
Brands
Cedaar Textile operates one associated brand: Cedaar Textile. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Contract manufacturer of textiles | cedaartextile.com |
Business activity
The main business activity of Cedaar Textile is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Cedaar Textile Limited, buy the company report.
Financials of Cedaar Textile Limited
FY 2025-26 filings availableCedaar Textile Limited reported revenue of ₹162.8 Cr (down 21.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 163 | 208 | 189 | 160 | 217 |
| Revenue growth | -21.7% | +9.8% | +18.1% | -26.3% | - |
| EBITDA | (82.89) | 31.11 | 29.90 | 18.71 | 16.17 |
| EBITDA margin | -50.9% | +15.0% | +15.8% | +11.7% | +7.4% |
| Profit before tax | (95.52) | 16.29 | 15.37 | 6.44 | 9.17 |
| Net profit | (71.39) | 12.61 | 11.95 | 4.59 | 8.00 |
| Net profit margin | -43.9% | +6.1% | +6.3% | +2.9% | +3.7% |
| EPS (₹) | (56.16) | 12.63 | 16.13 | 183.58 | 319.45 |
| Balance sheet | |||||
| Total assets | 156 | 182 | 172 | 151 | 131 |
| Net worth | 48.43 | 65.68 | 25.24 | 14.19 | 9.60 |
| Total debt | 107 | 116 | 146 | 137 | 121 |
| Cash & bank | 10.72 | 8.82 | 8.45 | 10.25 | 10.23 |
| Net working capital | 58.43 | 106 | 94.70 | 78.10 | 60.08 |
| Cash flow | |||||
| Cash from operations | (31.69) | 17.21 | 6.21 | (1.96) | (15.42) |
| Cash from investing | (4.56) | (3.97) | (3.87) | (6.49) | (6.09) |
| Cash from financing | 36.33 | (13.21) | (2.34) | 8.47 | 21.53 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 163 | 208 | 189 | 160 | 217 |
| Revenue growth | -21.7% | +9.8% | +18.1% | -26.3% | - |
| Other income | 1.86 | 1.47 | 1.70 | 1.63 | 3.03 |
| Total expenses | 246 | 177 | 159 | 142 | 201 |
| Employee cost | 0.00 | 15.07 | 17.57 | 9.53 | 9.68 |
| EBITDA | (82.89) | 31.11 | 29.90 | 18.71 | 16.17 |
| EBITDA margin | -50.9% | +15.0% | +15.8% | +11.7% | +7.4% |
| Depreciation | 4.84 | 4.08 | 3.67 | 3.30 | 2.92 |
| Interest | 9.65 | 12.21 | 12.56 | 10.60 | 7.11 |
| Profit before tax | (95.52) | 16.29 | 15.37 | 6.44 | 9.17 |
| Tax | (24.13) | 4.26 | 3.26 | 1.85 | 1.17 |
| Net profit | (71.39) | 12.61 | 11.95 | 4.59 | 8.00 |
| Net profit margin | -43.9% | +6.1% | +6.3% | +2.9% | +3.7% |
| EPS (₹) | (56.16) | 12.63 | 16.13 | 183.58 | 319.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 13.88 | 9.53 | 7.50 | 0.25 | 0.25 |
| Reserves & surplus | 34.55 | 56.15 | 17.74 | 13.94 | 9.35 |
| Shareholders' funds (net worth) | 48.43 | 65.68 | 25.24 | 14.19 | 9.60 |
| Secured loans | 88.75 | 95.65 | 106 | 97.90 | 84.86 |
| Unsecured loans | 18.61 | 19.87 | 40.39 | 39.10 | 36.15 |
| Total debt | 107 | 116 | 146 | 137 | 121 |
| Total liabilities | 156 | 182 | 172 | 151 | 131 |
| Assets | |||||
| Gross block | 93.57 | 90.80 | 87.98 | 80.92 | 73.25 |
| Net block | 74.99 | 76.83 | 77.65 | 74.26 | 69.89 |
| Capital work in progress | 0.47 | 0.43 | 0.02 | 0.14 | 0.72 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 30.41 | 109 | 73.37 | 48.84 | 25.49 |
| Sundry debtors | 46.44 | 19.23 | 23.66 | 23.95 | 26.51 |
| Cash & bank balances | 10.72 | 8.82 | 8.45 | 10.25 | 10.23 |
| Loans & advances | 42.97 | 8.98 | 12.69 | 17.15 | 20.34 |
| Total current assets | 131 | 146 | 118 | 100 | 82.57 |
| Total current liabilities | 72.11 | 40.16 | 23.47 | 22.09 | 22.49 |
| Net working capital | 58.43 | 106 | 94.70 | 78.10 | 60.08 |
| Total assets | 156 | 182 | 172 | 151 | 131 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 0.07 | 0.04 | 0.04 | 0.02 | 0.00 |
| Net cash from operating activities | (31.69) | 17.21 | 6.21 | (1.96) | (15.42) |
| Net cash from investing activities | (4.56) | (3.97) | (3.87) | (6.49) | (6.09) |
| Net cash from financing activities | 36.33 | (13.21) | (2.34) | 8.47 | 21.53 |
| Net change in cash | 0.08 | 0.03 | 0.00 | 0.02 | 0.02 |
| Closing cash | 10.72 | 8.82 | 8.45 | 10.25 | 10.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | -21.7% | +9.8% | +18.1% | -26.3% | - |
| EBITDA growth | -366.4% | +4.1% | +59.8% | +15.7% | - |
| PBT growth | - | +6.0% | +138.7% | -29.8% | +9997.0% |
| Net income growth | -666.1% | +5.5% | +160.4% | -42.6% | - |
| Revenue CAGR (3Y) | +0.5% | -1.5% | - | - | - |
| EBITDA CAGR (3Y) | - | +24.4% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | -43.9% | +5.8% | +6.4% | +2.9% | +3.7% |
| Return on capital employed | - | +16.1% | +17.3% | +12.1% | +12.4% |
| Return on net worth | - | +26.5% | +61.4% | +38.6% | +83.2% |
| Debt / equity | - | 2.88 | 7.18 | 10.85 | 12.61 |
| Long-term debt / equity | - | 1.16 | 3.84 | 6.22 | 7.21 |
| Interest cover | -11.00 | 45.17 | 47.88 | 68.79 | 53.66 |
| Efficiency & per share | |||||
| Fixed asset turnover | - | 2.33 | 2.24 | 2.08 | 2.97 |
| Inventory turnover | - | 2.27 | 3.10 | 4.31 | 8.53 |
| Debtors turnover | - | 9.69 | 7.95 | 6.35 | 8.20 |
| EPS (₹) | (56.16) | 12.63 | 16.13 | 183.58 | 319.45 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 68.92 | 33.65 | 567.40 | 383.83 |
To see the full year-wise statements and ratios of Cedaar Textile Limited, buy the company report.
Board of directors of Cedaar Textile Limited
Cedaar Textile has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bachangada Monnappa Saraswathi Also directs: Auburn Design Private Limited, My Textiles Private Limited | Director | 28 Sep 2020 | 6 Years 0 Months | Current |
| Monnappa Nachappa Bachangada Also directs: Auburn Design Private Limited, My Textiles Private Limited | Director | 28 Sep 2020 | 6 Years 0 Months | Current |
| Rajesh Mittal Also directs: Innocott International Private Limited | Managing Director | 28 Sep 2020 | 6 Years 0 Months | Current |
| Virender Goyal Also directs: Auburn Design Private Limited, Pratibha Syntex Limited | Director | 28 Sep 2020 | 6 Years 0 Months | Current |
| Jay Prakash Singh | Director | 23 Oct 2025 | 1 Years 0 Months | Current |
| Vinay Aggarwal | Director | 27 Mar 2025 | 1 Years 6 Months | Current |
Peer comparison
Cedaar Textile Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), 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 |
|---|---|---|---|---|---|---|
| The Kadri Mills (Cbe) Private Limited | ₹192.48 Cr (FY 2025) | -9.0% | Coimbatore, Tamil Nadu, India | |||
| Techno Activewear Private Limited | ₹192.27 Cr (FY 2025) | 40378.0% | Tiruppur, Tamil Nadu, India | |||
| Dhakshan Textiles Private Limited | ₹192.27 Cr (FY 2025) | 4.0% | Namakkal, Tamil Nadu, India | |||
| Tessitura Monti India Private Limited | ₹191.83 Cr (FY 2025) | 9.0% | Hatkanagale, Maharashtra, India | |||
| Jaykishan Fibre Private Limited | ₹191.51 Cr (FY 2025) | -10.0% | Lakhond, Gujarat, India | |||
| Shree Gurukrupa Tradelink Private Limited | ₹190.92 Cr (FY 2023) | -8.0% | Rajkot, Gujarat, India | |||
| Sadan Hosiery Private Limited | ₹190.5 Cr (FY 2025) | 23.0% | Ludhiana, Punjab, India | |||
| Real Spintex Private Limited | ₹190.4 Cr (FY 2025) | -15.0% | Babra, Gujarat, India | |||
| Shree Ganesh Print-Fab Private Limited | ₹190.05 Cr (FY 2025) | 81.0% | Pali Marwar, Rajasthan, India | |||
| Candour Techtex Limited | ₹189.98 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Cedaar Textile Limitedthis company | ₹162.8 Cr (FY 2026) | -₹71.39 Cr | -43.9% | -21.7% | 392 | Bengaluru, Karnataka, India |
To see the full peer comparison of Cedaar Textile Limited, buy the company report.
Auditor
Cedaar Textile Limited is audited by KAPISH JAIN & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAPISH JAIN & ASSOCIATES | FY 2024 | 022743N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 68.70%, foreign institutional investors hold 0.10%, domestic institutional investors hold 2.50% and retail and other public shareholders hold 28.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | |
|---|---|---|---|
| Promoters | 68.70% | 68.70% | 68.70% |
| Public | 31.30% | 31.30% | 31.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2025 | 101082094 | Sidbi | ₹9.95 Cr | Open | |
| 23 Aug 2024 | 100967891 | Standard Chartered Bank | ₹33 Cr | Open | |
| 20 Mar 2024 | 100885351 | Sidbi | ₹7.28 Cr | Open | |
| 24 Jul 2023 | 100789002 | Canara Bank | ₹35 Cr | Open | |
| 21 Dec 2020 | 100407862 | Hdfc Bank Limited | ₹128 Cr | Open |
To see the full charge records of Cedaar Textile Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Cedaar Textile Limited has 4 deals on record (2 secondary share transfers, 1 ipo, 1 funding round), with disclosed funding of ₹28.4 Cr; the latest was in July 2025.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2025 | IPO | ₹60.9 Cr | Investors: Sb Opportunities Fund Ii, Saint Capital Fund, Shine Star Build-Cap Private Limited |
| Sep 2024 | Funding round | ₹28.4 Cr | Investors: 3 individuals |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Cedaar Textile Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cedaar Textile Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cedaar Textile Limited has a workforce of 392 employees on its EPFO records as of Jan 06, 2026, across 2 active EPFO establishments.
GST
Cedaar Textile has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAJCC0212A1ZR | Punjab | Active | 30 Oct 2020 |
| 03AAJCC0212A2ZQ | Punjab | Active | 10 Jun 2024 |
To see the full GST registrations and return filing status of Cedaar Textile Limited, buy the company report.
Recent activity
Cedaar Textile Limited has 16 board changes on record since 2020: 9 appointments and 7 cessations. The latest: Surendar Kumar Sood was appointed as Additional Director on 24 Jul 2026.
16 earlier events are in the company report.
News
Frequently asked questions
Cedaar Textile is an active public limited company based in Bengaluru, Karnataka, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 28 September 2020 (6+ years old) and is registered under CIN U17299KA2020PLC139070. Listed on NSE: CEDAAR.
Cedaar Textile reported revenue of ₹162.8 Cr for FY 2025-26 (down 21.7% YoY) based on standalone financials.
Cedaar Textile has 8 current directors:
- Rajesh Mittal - Managing Director
- Bachangada Monnappa Saraswathi - Director
- Monnappa Nachappa Bachangada - Director
- Virender Goyal - Director
- Jay Prakash Singh - Director
- Vinay Aggarwal - Director
- Kamta Nath Pandey - Director
- Surendar Kumar Sood - Additional Director
The latest financial statements of Cedaar Textile on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 15 November 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Cedaar Textile is 03AAJCC0212A1ZR, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AAJCC0212A2ZQ (Punjab).
The CIN (Corporate Identification Number) of Cedaar Textile is U17299KA2020PLC139070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Cedaar Textile is a listed company as per MCA records. Its shares are listed on NSE (symbol: CEDAAR).
Cedaar Textile was incorporated on 28 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Cedaar Textile has 4 deals on record (2 secondary share transfers, 1 ipo, 1 funding round), with disclosed funding of ₹28.4 Cr; the latest was in July 2025.
The peers of Cedaar Textile by revenue are The Kadri Mills (Cbe) Private Limited, Techno Activewear Private Limited, Dhakshan Textiles Private Limited, Tessitura Monti India Private Limited, Jaykishan Fibre Private Limited and 5 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Surendar Kumar Sood was appointed as Additional Director on 24 Jul 2026. Jay Prakash Singh was appointed as Director on 23 Oct 2025. Vinay Aggarwal was appointed as Director on 27 Mar 2025. Cedaar Textile has 16 board changes on record in total.