MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0012563
Jindal Texofab Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹67.02 Cr
▲ 1% YoY
Net profit · FY 2024
₹1.11 Cr
Net margin 1.6%
EBITDA · FY 2024
₹4.14 Cr
EBITDA margin 6.2%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹1.8 Cr
Issued & subscribed
Open charges
₹17.94 Cr
Satisfied ₹92.81 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
3
Provident fund records
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 74 cases involving the company, including 48 filed by the company and 26 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 9 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 4 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.
Company details
CIN U17100MH1991PLC060530
Registration Number 060530
Incorporation Date 27 February 1991
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0012563
Key People
Mayank Khetan Director Madhulika Jitendra Agrawal Director Yash Jitendra Agrawal Director Recognitions & Rankings of Jindal Texofab
Contact details
Jindal Texofab Limited's registered office is in Mumbai, Maharashtra. Its website is jindalhome.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPushpawati Bldg. No.2 2nd Floor Chandanwadi, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Jindal Texofab Limited, buy the company report.
Comprehensive company report
Jindal Texofab Limited - one report that includes everything
- 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
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Brands
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
The main business activity of Jindal Texofab 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 Jindal Texofab Limited, buy the company report.
Financials of Jindal Texofab Limited
FY 2024 filings availableJindal Texofab Limited reported revenue of ₹67.02 Cr (up 1% YoY) for FY 2024.
Revenue · FY 2024
₹67.02 Cr ▲ 1%
Net profit · FY 2024
₹1.11 Cr margin 1.6%
EBITDA · FY 2024
₹4.14 Cr margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 4%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 13%
5 years · compounded
▲ 3%
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Jindal Texofab Limited, buy the company report.
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.
Current Directors
| 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 2 Months | Current |
Peer comparison
Jindal Texofab Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (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 |
|---|---|---|---|---|---|---|
| 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 Limitedthis company | ₹67.02 Cr (FY 2024) | ₹1.11 Cr | 1.6% | 1.0% | 3 | 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 | |||
| 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 |
To see the full peer comparison of Jindal Texofab Limited, buy the company report.
Auditor
Jindal Texofab Limited is audited by RAVI PRABODHKUMAR SHAH for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI PRABODHKUMAR SHAH | FY 2024 | 191743 |
Shareholding
The shareholding of Jindal Texofab Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jindal Texofab Limited, buy the company report.
Charges & borrowings
Open charges
₹17.94 Cr
Satisfied charges
₹92.81 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2024 | 100991999 | Others | ₹15 Cr | Open | |
| 12 Jun 2023 | 100742527 | Others | ₹94 Lakh | Open | |
| 19 Jul 2013 | 10441697 | Indian Bank | ₹1 Cr | Open | |
| 14 Jun 2013 | 10441419 | Indian Bank | ₹1 Cr | Open | |
| 12 Jun 2023 | 100739320 | Others | ₹16 Cr | Satisfied |
To see the full charge records of Jindal Texofab Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
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.
Total deals
10
Secondary share transfers
9
Funding round
1
Disclosed funding
₹4.8 Cr
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 |
To see the full deal history of Jindal Texofab Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jindal Texofab Limited has 74 court cases on record: 48 filed by Jindal Texofab, 26 filed against it. All cases are disposed.
Total cases
74
Filed by the company
48
Filed against the company
26
Disposed
74
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 14 | 0 |
| High courts | 30 | 10 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 74)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by Siddh Chem Pvt. Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by Siddh Chem Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against M/S. Siddh-Chem P Ltd and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (TAPP-LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Gujarat Industrial Development Corporation, Through the Managing Director | Disposed |
To see the full case history of Jindal Texofab 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.
Credit ratings & regulatory alerts
Jindal Texofab Limited was last rated by Brickwork on 15 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 15 Dec 2020 |
To see the full credit ratings and regulatory alerts of Jindal Texofab Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Jindal Texofab Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Jindal Texofab Limited has a workforce of 3 employees on its EPFO records as of Feb 12, 2025, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
GST
Jindal Texofab has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACJ0922F1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jindal Texofab Limited, buy the company report.
Recent activity
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.
Charges
A charge registered on 12 Jun 2023 via Charge ID 100739342 with Others was fully satisfied on 11 Dec 2025.
Charges
A charge registered on 08 Dec 2022 via Charge ID 100652744 with Others was fully satisfied on 11 Dec 2025.
Charges
A charge registered on 12 Jun 2023 via Charge ID 100739320 with Others was fully satisfied on 08 Dec 2025.
Charges
A charge registered on 08 Dec 2022 via Charge ID 100652760 with Others was fully satisfied on 08 Dec 2025.
AGM
Jindal Texofab Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100991999 was registered on 27 Sep 2024.
Filing
Jindal Texofab Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 10.90 Cr registered on 08 Dec 2022 with Charge ID 100652744 was modified on 17 Jul 2023.
Charges
A charge with Others amounted to Rs. 0.94 Cr with Charge ID 100742527 was registered on 12 Jun 2023.
Charges
A charge with Others amounted to Rs. 16.00 Cr with Charge ID 100739320 was registered on 12 Jun 2023.
Charges
A charge with Others amounted to Rs. 9.76 Cr with Charge ID 100739342 was registered on 12 Jun 2023.
Charges
A charge registered on 12 Mar 2021 via Charge ID 100434605 with Karnataka Bank Ltd. was fully satisfied on 09 Dec 2022.
25 earlier events are in the company report.
Frequently asked questions
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 has 3 current directors:
- Mayank Khetan - Director
- Madhulika Jitendra Agrawal - Director
- Yash Jitendra Agrawal - Director
The latest financial statements of Jindal Texofab on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
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 74 court cases on record: 48 filed by the company and 26 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 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
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.
Yes, Jindal Texofab is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0012563).
Jindal Texofab has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 400 overdue payments to 13 micro and small suppliers. The latest return was filed on 03 Jan 2024.