Comfort Cotton Tex Private Limited
About Comfort Cotton Tex Private Limited
Data last updated:
Comfort Cotton Tex Private Limited is a private limited company based in Chandigarh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17120CH2007PTC030797. Its GSTIN is 06AADCC3163C1Z7 (Haryana).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.85 Cr. It was formerly known as Cheema Tex Fab India Private Limited. It is led by directors Navjot Kaur and Sudhir Kumar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at House No. 176/2 Sector – 41A, Chandigarh, India – 160036.
As per the financials filed for FY 2023, the company reported a revenue of ₹91.31 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹39,533 (net margin 0.4%) and EBITDA of ₹12.15 Lakh (EBITDA margin 13.3%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 30% over five years.
As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹1 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Comfort Cotton Tex Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address is in the company report.
- Email
- Registered AddressHouse No. 176/2 Sector – 41A, Chandigarh, India – 160036
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Comfort Cotton Tex 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 activity of Comfort Cotton Tex 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 Comfort Cotton Tex Private Limited, buy the company report.
Financials of Comfort Cotton Tex Private Limited
FY 2023 filings availableComfort Cotton Tex Private Limited reported revenue of ₹91.31 Lakh (down 50% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 50% fall in the latest year. EBITDA rose 190% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹12.15 Lakh | ||||
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| Net Profit (PAT) | ₹39,533 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 13.3% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Comfort Cotton Tex Private Limited, buy the company report.
Board of directors of Comfort Cotton Tex Private Limited
Comfort Cotton Tex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navjot Kaur | Director | 01 May 2007 | 19 Years 6 Months | Current |
| Sudhir Kumar Sharma Also directs: Krishna Cottex Private Limited | Director | 15 Jun 2010 | 16 Years 4 Months | Current |
Peer comparison
Comfort Cotton Tex Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cotton, 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 |
|---|---|---|---|---|---|---|
| Comfort Cotton Tex Private Limitedthis company | ₹91.31 Lakh (FY 2023) | ₹39,533 | 0.4% | -50.0% | Chandigarh, India | |
| Ganga Textiles Limited | ₹91.05 Lakh (FY 2016) | 1243.0% | Coimbatore, Tamil Nadu, India | |||
| Garrison Textile Private Limited | ₹90.73 Lakh (FY 2024) | 58.0% | Bangalore, Karnataka, India | |||
| Giriraj Texolene Pvt.Ltd. | ₹90.67 Lakh (FY 2024) | -28.0% | Surat, Gujarat, India |
To see the full peer comparison of Comfort Cotton Tex Private Limited, buy the company report.
Auditor
Comfort Cotton Tex Private Limited is audited by P K VASUDEVA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K VASUDEVA & CO | FY 2021 | 000724N |
Shareholding
The shareholding of Comfort Cotton Tex Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Comfort Cotton Tex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2011 | 10298461 | Haryana State Industrial & Infrastructure Development Corporation Limited | ₹3.5 Cr | Open | |
| 08 Feb 2012 | 10339526 | Punjab National Bank | ₹1 Cr | Satisfied |
To see the full charge records of Comfort Cotton Tex Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Comfort Cotton Tex Private Limited has 3 court cases on record: 3 filed by Comfort Cotton Tex. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HARYANA | Writ petition | Filed by the company against Haryana State Industrial and Infratructure Development Corporation (Hsiidc) and Another and 1 other | Pending |
| High Court, HARYANA | Writ petition | Filed by the company against Haryana State Industrial and Infrastructure Development Corporation (Hsiidc) | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Comfort Cotton Tex 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 Comfort Cotton Tex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Comfort Cotton Tex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCC3163C1Z7 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Comfort Cotton Tex Private Limited, buy the company report.
Recent activity
Comfort Cotton Tex Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Manuru Chakrapani Rao ceased to be Director on 16 May 2016.
2 earlier events are in the company report.
Frequently asked questions
Comfort Cotton Tex is an active private limited company based in Chandigarh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 May 2007 (19+ years old) and is registered under CIN U17120CH2007PTC030797.
Comfort Cotton Tex has 2 current directors:
- Navjot Kaur - Director
- Sudhir Kumar Sharma - Director
The latest financial statements of Comfort Cotton Tex on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Comfort Cotton Tex is 06AADCC3163C1Z7, registered in Haryana.
The CIN (Corporate Identification Number) of Comfort Cotton Tex is U17120CH2007PTC030797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comfort Cotton Tex has 3 court cases on record: 3 filed by the company. 1 is pending.
Comfort Cotton Tex was incorporated on 01 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Comfort Cotton Tex by revenue are Ganga Textiles Limited, Garrison Textile Private Limited, Giriraj Texolene Pvt.Ltd, all in the Manufacturing industry (Cotton, Textiles), with the same principal business activity (textile, leather and other apparel products).
Manuru Chakrapani Rao ceased to be Director on 16 May 2016. Sahib Singh Cheema ceased to be Director on 15 Jul 2015. Sudhir Kumar Sharma ceased to be Additional Director on 30 Sep 2010. Comfort Cotton Tex has 6 board changes on record in total.
The registered office of Comfort Cotton Tex is at House No. 1762 Sector – 41A, Chandigarh, India – 160036.
Comfort Cotton Tex operates in the manufacturing industry, in the textile and fabric production segment.
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