Jindal Cotex Limited

BSE: 533103 NSE: JINDCOT
Jindal Cotex Limited - environment in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN L17115PB1998PLC021084 Incorporated 18 February 1998 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Listed - NSE: JINDCOT · BSE: 533103 Public Limited Company environment
Data last updated
Revenue · FY 2024
₹1.94 Cr
▼ 54% YoY
Net profit · FY 2024
₹1.93 Cr
Net margin 99.4%
EBITDA · FY 2024
₹3.02 Cr
EBITDA margin 155.3%
Authorised capital
₹60 Cr
Registered with MCA
Paid-up capital
₹45 Cr
Issued & subscribed
Open charges
₹291.77 Cr
Satisfied ₹494.53 Cr
Company age
28 yrs
Est. 1998
Directors on board
6
As per MCA filings

About Jindal Cotex Limited

Data last updated:

Jindal Cotex Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 18 February 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L17115PB1998PLC021084. Its GSTIN is 03AAACJ4400A1ZN (Punjab). The company holds 3 GST registrations, of which 2 are active. Its shares are listed on BSE: 533103 and NSE: JINDCOT.

The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹45 Cr. It is led by directors including Sandeep Jindal (Managing Director) and Kartar Chand Dhiman.

Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ludhiana, Punjab.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.94 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹1.93 Cr (net margin 99.4%) and EBITDA of ₹3.02 Cr (EBITDA margin 155.3%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 53% over five years.

The company is associated with 1 brand: Jindal Cotex. As per MCA filings, the company has open charges of ₹291.77 Cr and satisfied charges of ₹494.53 Cr on record. Court records list 357 cases involving the company, including 187 filed by the company and 164 filed against it; 7 cases are pending. The company has 64 deals on record (63 market trades, 1 ipo); the latest was in January 2022. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Rima Beach World Private Limited.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jindalcotex.com.

Company Details of Jindal Cotex Limited
CIN L17115PB1998PLC021084
Registration Number 021084
Incorporation Date 18 February 1998
ROC Chandigarh
Listing Status Listed (BSE: 533103, NSE: JINDCOT)
Company Status Active
Date of Last AGM 30 November 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Sandeep Jindal Managing Director Kartar Chand Dhiman Director Kanik Sharma Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    jindalcotex.com
  • Social Media
  • Registered Address
    Office No. 5 2nd Floor Krishna, Complex Gtbnagar Near Veerpalace, Ludhiana, Punjab, India – 141015
  • Industry
    Environment, Wind Energy Solutions
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Financials, compliance, directors, charges, ownership and filings for Jindal Cotex Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Jindal Cotex Limited

The main business activities of Jindal Cotex are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
GTradeG1Wholesale TradingLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Jindal Cotex Limited FY 2024 filings available

Jindal Cotex Limited reported revenue of ₹1.94 Cr (down 54% YoY) for FY 2024.

Revenue · FY 2024
₹1.94 Cr ▼ 54%
Net profit · FY 2024
₹1.93 Cr margin 99.4%
EBITDA · FY 2024
₹3.02 Cr margin 155.3%

Compounded Annual Growth Rate (CAGR) of Jindal Cotex Limited

Revenue CAGR growth
1 year
▼ 54%
3 years · compounded
▼ 60%
5 years · compounded
▼ 53%
EBITDA CAGR growth
1 year
▼ 75%
3 years · compounded
▲ 18%
5 years · compounded
▼ 31%

Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 54% fall in the latest year. EBITDA fell 75% 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 Jindal Cotex Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹3.02 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.93 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 Jindal Cotex Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin155.3%••••••••••••••••
Net Profit Margin99.4%••••••••••••••••
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 Jindal Cotex are in the company report.

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Financial statements from 2015

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Peer Comparison of Jindal Cotex Limited

Jindal Cotex Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rima Beach World Private Limited••••••••••••••••-Delhi, India
Hathisara Fashion Private Limited••••••••••••••••-New Delhi, Delhi, India
Shree Wardhaman Textiles & Services Ltd.••••••••••••••••-Kolkata, West Bengal, India
Ambaji Marketing Private Limited••••••••••••••••-Ahmadabad City, Gujarat, India
Jai Shiv Shankar Spinners (India) Private Limited••••••••••••••••-Salem, Tamil Nadu, India
Jindal Cotex Limited this company••••••••••••••••-Ludhiana, Punjab, India
Manak Weaving Private Limited••••••••••••••••-Jaipur, Rajasthan, India
Mzee Fashions Private Limited••••••••••••••••-Extension Village Badli, Delhi, India
F.A. Textiles Private Limited••••••••••••••••-Etawah, Uttar Pradesh, India
Piyush Polymers Private Limited••••••••••••••••-Delhi, India
Scoperta Apparel and Merchandise Private Limited••••••••••••••••-Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Jindal Cotex by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Jindal Cotex Limited

Jindal Cotex Limited is audited by K R AGGARWAL & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
K R AGGARWAL & ASSOCIATESLockedLockedLocked
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Board of Directors of Jindal Cotex Limited

Jindal Cotex has 6 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sandeep Jindal
Also directs: Jindal Technotex Limited, Jindal Cycles Private Limited, Jindal Info Media Private Limited and 3 more
Managing Director18 Feb 199828 Years 7 MonthsCurrent
Kartar Chand Dhiman
Also directs: Jindal Cycles Private Limited, Jindal Info Media Private Limited, Jindal Holdings and Investment Limited and 2 more
Director23 Sep 20179 Years 0 MonthsCurrent
Kanik SharmaDirector08 Jul 20197 Years 3 MonthsCurrent
Alisha
Also directs: Jindal Specialty Textiles Limited
Director22 Jun 201610 Years 3 MonthsCurrent
Atul SharmaAdditional Director19 Sep 20251 Years 0 MonthsCurrent
Manoj Kumar JhaDirector17 Apr 20251 Years 5 MonthsCurrent
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Ownership and Shareholding of Jindal Cotex Limited

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Charges & Borrowings of Jindal Cotex Limited

Open charges
₹291.77 Cr
Satisfied charges
₹494.53 Cr
Breakdown by lending institutions
Punjab National Bank₹105.03 Cr
State Bank of India₹66.55 Cr
Allahabad Bank₹43.64 Cr
Corporation Bank₹40.85 Cr
Bank of Baroda₹18.52 Cr
Others₹17.18 Cr
Latest charge details
DateLenderAmountStatus
30 Jun 2014Corporation Bank₹2.25 CrOpen
13 Aug 2011Central Bank of India₹8.7 CrOpen
26 Jul 2011Punjab & Sind Bank₹4 CrOpen
26 Mar 2011Corporation Bank₹7 CrOpen
10 Feb 2011Corporation Bank₹5.75 CrOpen

Total charge records: 42 View all charges

Deals & Funding of Jindal Cotex Limited

Jindal Cotex Limited has 64 deals on record (63 market trades, 1 ipo); the latest was in January 2022.

Total deals
64
Market trades
63
IPO
1

Deals on record (5 of 64)

WhenDealAmountParties
Jan 2022Market trade₹11.1 LakhSeller: Shriram Credit Company Limited
May 2019Market trade₹31.5 LakhBuyer: Swing Wealth Management Private Limited
Seller: an individual
Apr 2018Market trade₹28.4 LakhBuyer: an individual
Seller: Jhaveri Trading and Investment Private Limited
Apr 2018Market trade₹78.5 LakhBuyer: Jhaveri Trading and Investment Private Limited , an individual
Seller: Albula Investment Fund
Mar 2018Market trade₹19.7 LakhBuyer: Buddhisagar Shares & Services Private Limited
Seller: an individual
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Associated Brands with Jindal Cotex Limited

Jindal Cotex operates one associated brand: Jindal Cotex. Each brand links to its own profile.

BrandDescriptionWebsite
Jindal Cotex
Textiles and fabrics are manufactured by Jindal Cotex in India.jindalcotex.com

Employees and EPFO Compliance at Jindal Cotex Limited

Employment history and EPFO contributions of people linked to Jindal Cotex.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Jindal Cotex Limited

Jindal Cotex has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

CIN History of Jindal Cotex Limited

Jindal Cotex has one previous CIN (Corporate Identification Number): U17115PB1998PLC021084. The current CIN is L17115PB1998PLC021084, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L17115PB1998PLC021084Current
U17115PB1998PLC021084Previous

News related to Jindal Cotex Limited

Jindal Cotex to convene board meeting
02 Feb 2025 · India Infoline

Recent Activity on Jindal Cotex Limited

Jindal Cotex Limited has 49 board changes on record since 1998: 28 appointments and 21 cessations. The latest: Jyoti Aggarwal was appointed as Company Secretary on 11 Dec 2025.

Appointed
Jyoti Aggarwal was appointed as Company Secretary.
Appointed
Atul Sharma was appointed as Additional Director.
Appointed
Manoj Kumar Jha was appointed as Director.
AGM
Jindal Cotex Limited last Annual general meeting of members was held on 30 Nov 2024 as per latest MCA records.
Filing
Jindal Cotex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge registered on 01 Feb 2012 via Charge ID 10337052 with Phoenix Arc Private Limited was fully satisfied on 27 Sep 2022.
Charges
A charge registered on 26 Dec 2011 via Charge ID 10326138 with Central Bank Of India was fully satisfied on 30 May 2022.
Charges
A charge registered on 31 Dec 2013 via Charge ID 10479401 with Others was fully satisfied on 31 Mar 2022.
Charges
A charge registered on 28 Dec 2013 via Charge ID 10479404 with Others was fully satisfied on 31 Mar 2022.
Charges
A charge registered on 28 Dec 2013 via Charge ID 10479407 with Others was fully satisfied on 31 Mar 2022.
Charges
A charge registered on 31 Jul 2012 via Charge ID 10373146 with Others was fully satisfied on 31 Mar 2022.
Charges
A charge registered on 04 Feb 2008 via Charge ID 10090387 with Others was fully satisfied on 31 Mar 2022.

131 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Jindal Cotex Limited

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MSME Payment Delays by Jindal Cotex Limited

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Subsidiaries & Group Companies of Jindal Cotex Limited

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GST Compliance of Jindal Cotex Limited

Jindal Cotex has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
03AAACJ4400A1ZNPunjabActive01 Jul 2017
02AAACJ4400A1ZPHimachal PradeshActive29 Aug 2017
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MCA Filings & Documents of Jindal Cotex Limited

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Frequently Asked Questions about Jindal Cotex Limited

Jindal Cotex is an active public limited company based in Ludhiana, Punjab, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 18 February 1998 (28+ years old) and is registered under CIN L17115PB1998PLC021084. Listed on BSE: 533103 and NSE: JINDCOT.

Jindal Cotex reported revenue of ₹1.94 Cr for FY 2024 (down 54% YoY).

Jindal Cotex has 6 current directors:

Jindal Cotex reported a net profit of ₹1.93 Cr (net margin 99.4%) and EBITDA of ₹3.02 Cr (EBITDA margin 155.3%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Jindal Cotex is -60% over three years and -53% over five years. In the latest year (FY 2024) revenue fell 54%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Jindal Cotex is 03AAACJ4400A1ZN, registered in Punjab. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 02AAACJ4400A1ZP (Himachal Pradesh).

The CIN (Corporate Identification Number) of Jindal Cotex is L17115PB1998PLC021084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Jindal Cotex is listed on both BSE (code: 533103) and NSE (symbol: JINDCOT).

Jindal Cotex has 357 court cases on record: 187 filed by the company and 164 filed against it. 7 are pending. Most are in the district courts.

Jindal Cotex was incorporated on 18 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.

Jindal Cotex has 64 deals on record (63 market trades, 1 ipo); the latest was in January 2022.

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