- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0002345

Connect Textile & Processing Industries Private Limited
About Connect Textile & Processing Industries Private Limited
Data last updated:
Connect Textile & Processing Industries Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U18100WB2012PTC180284. Its GSTIN is 19AAECC8929M1ZY (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹66.21 Lakh. It is led by directors including Kunal Jhunjhunwala and Tarang Jhunjhunwala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8 Ho Chi Minh Sarani 2nd Floor Suit No 26, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.75 Cr. For the same year it recorded a net profit of ₹2.75 Cr (net margin 5.3%) and EBITDA of ₹12.78 Cr (EBITDA margin 24.7%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 17% over five years.
The company has about 57 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹56.81 Cr and satisfied charges of ₹18 Cr on record.
Connect Textile & Processing Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0002345). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Connect Textile & Processing Industries
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address8 Ho Chi Minh Sarani 2nd Floor Suit No 26, Kolkata, West Bengal, India – 700071
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Connect Textile & Processing Industries Private Limited
The main business activity of Connect Textile & Processing Industries is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Connect Textile & Processing Industries Private Limited FY 2024 filings available
Connect Textile & Processing Industries Private Limited reported revenue of ₹51.75 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR) of Connect Textile & Processing Industries Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years. EBITDA fell 13% 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 of Connect Textile & Processing Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹12.78 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.75 Cr | •••• | •••• | •••• | •••• |
| 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 of Connect Textile & Processing Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Connect Textile & Processing Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Connect Textile & Processing Industries Private Limited
Connect Textile & Processing Industries has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Jhunjhunwala Also directs: Concord Non Woven Industries Private Limited, Gazal Design House LLP, BSL Ltd and 5 more | Director | 13 Apr 2012 | 14 Years 6 Months | Current |
| Tarang Jhunjhunwala Also directs: Hindusthan Ice & Cold Storage Co Ltd, Connect Properties Pvt Ltd, Eros Merchants Pvt Ltd and 5 more | Director | 01 Jul 2014 | 12 Years 3 Months | Current |
| Ashish Jhunjhunwala Also directs: Excel Nirman LLP, Hindusthan Ice & Cold Storage Co Ltd, Connect Properties Pvt Ltd and 5 more | Director | 13 Apr 2012 | 14 Years 6 Months | Current |
Peer Comparison of Connect Textile & Processing Industries Private Limited
Connect Textile & Processing Industries Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manish Dyeing and Printing Mills Private Limited | ₹51.88 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Surat, Gujarat, India |
| Kapotex Industries Private Limited | ₹51.88 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Mumbai, Maharashtra, India |
| Pratik Processors Private Limited | ₹51.81 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Surat, Gujarat, India |
| Creative Yarn Private Limited | ₹51.76 Cr (FY 2016) | •••• | •••• | 25.0% | •••• | Ludhiana, Punjab, India |
| Kandukuri Industries Private Limited | ₹51.75 Cr (FY 2023) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| Connect Textile & Processing Industries Private Limited this company | ₹51.75 Cr (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Siddha Chakra Weaving Private Limited | ₹51.74 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Ahmedabad, Gujarat, India |
| Rab Textiles Private Limited | ₹51.73 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Delhi, India |
| Kutti Spinners Private Limited | ₹51.71 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Tamil Nadu, India |
| Geeta Threads Ltd | ₹51.7 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Barnala, Punjab, India |
| Jigisha Fibres Pvt Ltd | ₹51.69 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Connect Textile & Processing Industries by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Connect Textile & Processing Industries Private Limited
Connect Textile & Processing Industries Private Limited is audited by SHRUTI DOKANIA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHRUTI DOKANIA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Connect Textile & Processing Industries Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Connect Textile & Processing Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2024 | Sidbi | ₹1.34 Cr | Open |
| 18 Jul 2017 | Axis Bank Limited | ₹55.47 Cr | Open |
| 20 Mar 2015 | West Bengal Financial Corporation | ₹18 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Connect Textile & Processing Industries Private Limited
Connect Textile & Processing Industries Private Limited has a workforce of 57 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Connect Textile & Processing Industries Private Limited
Connect Textile & Processing Industries Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Tarang Jhunjhunwala was appointed as Director on 01 Jul 2014.
Credit Ratings, Litigation & Regulatory Alerts for Connect Textile & Processing Industries Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Connect Textile & Processing Industries Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Connect Textile & Processing Industries Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Connect Textile & Processing Industries Private Limited
Connect Textile & Processing Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECC8929M1ZY | West Bengal | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Connect Textile & Processing Industries Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Connect Textile & Processing Industries Private Limited
Connect Textile & Processing Industries is an active private limited company based in Kolkata, West Bengal, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 April 2012 (14+ years old) and is registered under CIN U18100WB2012PTC180284.
Connect Textile & Processing Industries reported revenue of ₹51.75 Cr for FY 2024.
Connect Textile & Processing Industries has 3 current directors:
- Kunal Jhunjhunwala - Director
- Tarang Jhunjhunwala - Director
- Ashish Jhunjhunwala - Director
Connect Textile & Processing Industries reported a net profit of ₹2.75 Cr (net margin 5.3%) and EBITDA of ₹12.78 Cr (EBITDA margin 24.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Connect Textile & Processing Industries is 22% over three years and 17% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Connect Textile & Processing Industries is 19AAECC8929M1ZY, registered in West Bengal.
The CIN (Corporate Identification Number) of Connect Textile & Processing Industries is U18100WB2012PTC180284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Connect Textile & Processing Industries was incorporated on 13 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Connect Textile & Processing Industries by revenue are Manish Dyeing and Printing Mills Private Limited, Kapotex Industries Private Limited, Pratik Processors Private Limited, Creative Yarn Private Limited, Kandukuri Industries Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Tarang Jhunjhunwala was appointed as Director on 01 Jul 2014. Ashish Jhunjhunwala was appointed as Director on 13 Apr 2012. Kunal Jhunjhunwala was appointed as Director on 13 Apr 2012.
Yes, Connect Textile & Processing Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0002345).