- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0012563

About Jindal Texofab Limited
Data last updated:
Jindal Texofab Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 February 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1991PLC060530. Its GSTIN is 24AAACJ0922F1Z6 (Gujarat).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹1.8 Cr. It was formerly known as Karnavati Synthetics Limited. It is led by directors including Mayank Khetan and Madhulika Jitendra Agrawal.
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 Pushpawati Bldg. No.2 2nd Floor Chandanwadi, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹67.02 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 1.6%) and EBITDA of ₹4.14 Cr (EBITDA margin 6.2%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Jindal Home and Jindal Worldwide Ltd.. As per MCA filings, the company has open charges of ₹17.94 Cr and satisfied charges of ₹92.81 Cr on record. Court records list 71 cases involving the company, including 41 filed by the company and 23 filed against it. The company has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹4.8 Cr; the latest was in March 2019. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Shivam Cot Fibres Private Limited with revenue of ₹67.24 Cr. The company has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 400 overdue payments to 13 micro and small suppliers.
Jindal Texofab Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0012563). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jindalhome.in.
Recognitions & Rankings of Jindal Texofab
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPushpawati Bldg. No.2 2nd Floor Chandanwadi, Mumbai, Maharashtra, India – 400002
- 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
Associated Brands with Jindal Texofab Limited
Jindal Texofab operates two associated brands: Jindal Home and Jindal Worldwide Ltd.. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Jindal Home is a brand offering high-quality bed sheets, comforters, towels, and bedspreads for home use. | jindalhome.com | |
| Textile products including denim and yarn are manufactured and exported. | jindaltextiles.com |
Business Activity of Jindal Texofab Limited
The main business activity of Jindal Texofab is manufacturing. In detail, this covers 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 |
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 Jindal Texofab Limited FY 2024 filings available
Jindal Texofab Limited reported revenue of ₹67.02 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Jindal Texofab Limited
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA fell 7% 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 Texofab 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 | ₹67.02 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.11 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 Texofab Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 Texofab 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 Jindal Texofab Limited
Jindal Texofab has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Khetan Also directs: Uma Weavers Private Limited | Director | 01 Sep 2015 | 11 Years 1 Months | Current |
| Madhulika Jitendra Agrawal Also directs: Claremont Home Textiles Private Limited, Corey Developers LLP | Director | 18 Dec 2019 | 6 Years 10 Months | Current |
| Yash Jitendra Agrawal Also directs: Ritu Orchards Pvt Ltd, Madhulika Estate Enterprise Private Limited, Jindal GSL Private Limited and 4 more | Director | 24 Aug 2017 | 9 Years 1 Months | Current |
Peer Comparison of Jindal Texofab Limited
Jindal Texofab 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 |
|---|---|---|---|---|---|---|
| Shivam Cot Fibres Private Limited | ₹67.24 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Sendhwa, Madhya Pradesh, India |
| Bidhata Industries Private Limited | ₹67.23 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Saikrupa Fibres Private Limited | ₹67.22 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Wani, Maharashtra, India |
| Padmavathi Fibres and Yarns Private Limited | ₹67.12 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Madurai, Tamil Nadu, India |
| Vallabh Textiles Company Limited | ₹67.02 Cr (FY 2025) | •••• | •••• | 280.0% | •••• | Ludhiana, Punjab, India |
| Jindal Texofab Limited this company | ₹67.02 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Armaan Industries Private Limited | ₹66.99 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Surat, Gujarat, India |
| Murliwala Dyeing and Printing Mills Private Limited | ₹66.99 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Surat, Gujarat, India |
| Annvrridhhi Ventures Limited Listed | ₹66.99 Cr (FY 2025) | •••• | •••• | 1492.0% | •••• | Kolkata, West Bengal, India |
| Totala Textiles Private Limited | ₹66.97 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Ichalkaranji, Maharashtra, India |
| Shyam Lal Goyal Fabrics Private Limited | ₹66.95 Cr (FY 2025) | •••• | •••• | 82.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Jindal Texofab 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 Jindal Texofab Limited
Jindal Texofab Limited is audited by RAVI PRABODHKUMAR SHAH for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAVI PRABODHKUMAR SHAH | 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 Jindal Texofab 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 Jindal Texofab Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2024 | Others | ₹15 Cr | Open |
| 12 Jun 2023 | Others | ₹94 Lakh | Open |
| 19 Jul 2013 | Indian Bank | ₹1 Cr | Open |
| 14 Jun 2013 | Indian Bank | ₹1 Cr | Open |
| 12 Jun 2023 | Others | ₹16 Cr | Satisfied |
Total charge records: 12 View all charges
Deals & Funding of Jindal Texofab Limited
Jindal Texofab Limited has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹4.8 Cr; the latest was in March 2019.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Jindal Texofab Limited
Jindal Texofab Limited has 71 court cases on record: 41 filed by Jindal Texofab, 23 filed against it, 7 where it is another party. All cases are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 14 | 0 |
| High courts | 29 | 9 | 0 |
Cases on record (5 of 71)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Siddh Chem Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by Siddh Chem Private Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Siddh Chem Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Siddh Chem Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (TAPP-LC) | Filed against the company by an individual | Disposed |
Full case history
All 71 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Jindal Texofab Limited
Jindal Texofab Limited has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 400 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Jay Mahaveer Steels | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Jindal Texofab Limited
Jindal Texofab Limited has a workforce of 3 employees as of Feb 12, 2025.
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 Jindal Texofab Limited
Jindal Texofab Limited has 10 board changes on record since 2011: 3 appointments and 7 cessations. The latest: Madhulika Jitendra Agrawal ceased to be Additional Director on 25 Dec 2020.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Jindal Texofab 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.
Subsidiaries & Group Companies of Jindal Texofab 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 Jindal Texofab Limited
Jindal Texofab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACJ0922F1Z6 | Gujarat | 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 Jindal Texofab 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.
Related news about Jindal Texofab Limited
Frequently Asked Questions about Jindal Texofab Limited
Jindal Texofab is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 February 1991 (35+ years old) and is registered under CIN U17100MH1991PLC060530.
Jindal Texofab reported revenue of ₹67.02 Cr for FY 2024 (up 1% YoY).
Jindal Texofab has 3 current directors:
- Mayank Khetan - Director
- Madhulika Jitendra Agrawal - Director
- Yash Jitendra Agrawal - Director
Jindal Texofab reported a net profit of ₹1.11 Cr (net margin 1.6%) and EBITDA of ₹4.14 Cr (EBITDA margin 6.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Jindal Texofab is -4% over three years and -5% over five years. In the latest year (FY 2024) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Jindal Texofab is 24AAACJ0922F1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Jindal Texofab is U17100MH1991PLC060530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jindal Texofab has 71 court cases on record: 41 filed by the company and 23 filed against it. Most are in the district courts.
Jindal Texofab was incorporated on 27 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Jindal Texofab has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹4.8 Cr; the latest was in March 2019.
The peers of Jindal Texofab by revenue are Shivam Cot Fibres Private Limited, Bidhata Industries Private Limited, Saikrupa Fibres Private Limited, Padmavathi Fibres and Yarns Private Limited, Vallabh Textiles Company Limited and 5 more, all in the Manufacturing industry (Textiles).
Madhulika Jitendra Agrawal ceased to be Additional Director on 25 Dec 2020. Gyansingh Prabhatsingh Sisodia ceased to be Director on 18 Dec 2019. Madhulika Jitendra Agrawal was appointed as Director on 18 Dec 2019. Jindal Texofab has 10 board changes on record in total.