J C T Limited - manufacturing in Phagwara, Punjab, India. FY 2026 financials and compliance.
CIN L17117PB1946PLC004565 Incorporated 28 October 1946 ROC Chandigarh HQ Phagwara, Punjab, India
Under Insolvency Listed - BSE: 500223 Public Limited Company manufacturing
Data last updated
Revenue · FY 2023
₹653.08 Cr
▼ 23.00% YoY
EBITDA · FY 2023
Locked
In full report
Net profit · FY 2023
Locked
In full report
Authorised capital
₹250 Cr
Registered with MCA
Paid-up capital
₹217.08 Cr
Issued & subscribed
Open charges
₹310.72 Cr
Satisfied ₹1,495.42 Cr
Company age
80 yrs
Est. 1946
Employees · EPFO
673
Latest available

About J C T Limited

Data last updated: 10 September 2025

J C T Limited is a public limited company based in Phagwara, Punjab, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 28 October 1946, the company has been in operation for over 80 years.

Registered with ROC Chandigarh under CIN L17117PB1946PLC004565. Listed on BSE: 500223.

Capital: an authorised share capital of ₹250 Cr and a paid-up capital of ₹217.08 Cr. Formerly known as Jagatjit Cotton Textile Mills Limited. It is led by directors including Samir Thapar and Mamta Kumari.

Last AGM: 21 August 2023. Financial statements filed for year ended 31 March 2023. Office: G.T. Road Phagwara, Distt. Kapurthala, Punjab, India – 144401.

As per the financials filed for FY 2023, the company reported a revenue of ₹653.08 Cr, a decline of 23% compared to the previous year.

The company has a workforce of approximately 673 employees as per the latest available data.

The company is associated with 1 brand - Jct Fabrics. As per MCA filings, the company has open charges of ₹310.72 Cr and satisfied charges of ₹1,495.42 Cr on record.

The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is jct.co.in.

Company Details of J C T Limited
CIN L17117PB1946PLC004565
Registration Number 004565
Incorporation Date 28 October 1946
ROC Chandigarh
Listing Status Listed (BSE: 500223)
Company Status Under CIRP
Date of Last AGM 21 August 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    G.T. Road Phagwara, Distt. Kapurthala, Punjab, India – 144401
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for J C T Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of J C T Limited

J C T Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17117PB1946PLC004565, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L17117PB1946PLC004565 Current
L17117PB1970PLC004565 Previous
U17117PB1946PLC004565 Previous

Associated Brands with J C T Limited

J C T Limited operates one associated brand: JCT Fabrics. These brands represent J C T Limited's diversified market presence and brand portfolio.

Brand Description Website
Contract manufacturing of textiles is handled by JCT in India. jcttextiles.com

Competitors & Alternatives of J C T Limited

Brands and companies operating in the same space as J C T Limited include Sportking, Jaykay Enterprises, Alok Industries and 5 more.

Competitor Description Location Founded
Sportking Sportking Yarns, fabrics, and garments are manufactured and retailed by Sportking. Ludhiana, India, India 1989
Jaykay Enterprises Jaykay Enterprises Yarn and cotton are manufactured by Jaykay Enterprises in India. Kanpur, India, India 1991
Alok Industries Alok Industries Textiles and related products are manufactured in India. Mumbai, India, India 1986
Pasupati Spinning & Weaving Mills Pasupati Spinning & Weaving Mills Yarns and threads are contract-manufactured for textile and apparel industries. Delhi, India, India 1979
Manomay Tex India Manomay Tex India Denim fabrics are contract-manufactured in Bhilwara, India. Bhilwara, India, India 2009
A.K. Spintex A.K. Spintex Fabrics are manufactured on a contract basis by A.K. Spintex. Bhilwara, India, India 1994
Pratibha Syntex Pratibha Syntex Textile fabric materials are manufactured on a contract basis. Indore, India, India 1997
Poddar Pigments Poddar Pigments Fiber-grade masterbatches are manufactured for industrial applications in India. Mumbai, India, India 1991

Business Activity of J C T Limited

J C T Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C2 Textile, leather and other apparel products Locked
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Auditor Details of J C T Limited

J C T Limited is audited by S.P. Chopra & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
S.P. Chopra & Co. Locked Locked Locked
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Complete auditor history for J C T Limited

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Board of Directors of J C T Limited

J C T Limited is currently managed by 4 directors, with 29 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Samir Thapar Managing Director 02 Jun 1994 32 Years 1 Months As last reported
Mamta Kumari Nominee Director 29 Nov 2022 3 Years 7 Months As last reported
Mukulika Sinha Whole-Time Director 17 Dec 2023 2 Years 7 Months As last reported
Ronnie Baath Director 07 Feb 2024 2 Years 5 Months As last reported

Financials of J C T Limited FY 2023 filings available

J C T Limited reported revenue of ₹653.08 Cr (down 23.00% YoY) for FY 2023.

Revenue · FY 2023
₹653.08 Cr ▼ 23.00%
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Ten-year financial statements for J C T Limited

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Ownership and Shareholding of J C T Limited

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Shareholding and ownership data for J C T Limited

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Charges & Borrowings of J C T Limited

Open charges
₹310.72 Cr
Satisfied charges
₹1,495.42 Cr
Breakdown by lending institutions
Others₹291.13 Cr
Indian Bank₹10.20 Cr
State Bank of India₹9.00 Cr
Hdfc Bank Limited₹0.39 Cr
Latest charge details
DateLenderAmountStatus
22 Jul 2022 State Bank of India ₹9 Cr Open
31 May 2022 Hdfc Bank Limited ₹39.49 Lakh Open
09 Mar 2022 Others ₹3.38 Cr Open
08 Feb 2022 Others ₹1.83 Cr Open
30 Dec 2021 Others ₹56 Lakh Open

Total charge records: 45 View all charges

Employees and EPFO Compliance at J C T Limited

J C T Limited has a workforce of 673 employees as of Apr 08, 2024.

Employee count
673
Active EPFO establishments
1
Employee growth
-43.4%
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Employee and EPFO history for J C T Limited

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GST Compliance of J C T Limited

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GST registrations and filing compliance for J C T Limited

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Credit Ratings, Litigation & Regulatory Alerts for J C T Limited

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Credit ratings, litigation, and regulatory alerts for J C T Limited

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MSME Payment Delays by J C T Limited

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MSME payment history for J C T Limited

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Subsidiaries & Group Companies of J C T Limited

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Corporate group structure for J C T Limited

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MCA Filings & Documents of J C T Limited

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MCA filings and documents for J C T Limited

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Recent Activity on J C T Limited

Directors
07 Feb 2024
Ronnie Baath was appointed as a Director on 07 Feb 2024 & has been associated with this company since 2 years 5 months.
Directors
17 Dec 2023
Mukulika Sinha was appointed as a Whole-time director on 17 Dec 2023 & has been associated with this company since 2 years 7 months.
Activity
21 Aug 2023
J C T Limited last Annual general meeting of members was held on 21 Aug 2023 as per latest MCA records.
Activity
31 Mar 2023
J C T Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
Charges
02 Dec 2022
A charge with Others of Rs. 284.52 Cr registered on 13 Oct 2015 with Charge ID 10598178 was modified on 02 Dec 2022.
Directors
29 Nov 2022
Mamta Kumari was appointed as a Nominee Director on 29 Nov 2022 & has been associated with this company since 3 years 7 months.

Frequently Asked Questions about J C T Limited

J C T Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

J C T Limited is a company under insolvency, formerly operating as a public limited company in the manufacturing sector based in Phagwara, Punjab, India. It was incorporated on 28 October 1946 and is registered under CIN L17117PB1946PLC004565. Listed on BSE: 500223. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

J C T Limited reported revenue of ₹653.08 Cr for FY 2023 (down 23.00% YoY).

The current directors of J C T Limited are:

The CIN (Corporate Identification Number) of J C T Limited is L17117PB1946PLC004565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. J C T Limited is listed on BSE with code 500223.

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