About Kanchan India Limited
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Kanchan India Limited is a public limited company based in Bhilwara, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U17123RJ1996PLC012173. Its GSTIN is 08AABCK0452C1Z3 (Rajasthan). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹49.48 Cr. It was formerly known as Kanchan Wool-Tex Limited and Kanchan Wool-Tex Private Limited. It is led by directors including Jayesh Bangur (Managing Director) and Siddartha Purshottam Chandak.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 19 – 20 Bhilwara Textiles Marketpur Road Bhilwara 311 001, Rajasthan, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,521.23 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹55.32 Cr (net margin 2.2%) and EBITDA of ₹283.44 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.
The company has about 322 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,704.22 Cr and satisfied charges of ₹715.83 Cr on record. Court records list 144 cases involving the company, including 78 filed by the company and 66 filed against it; 42 cases are pending. The company has 122 deals on record (110 secondary share transfers, 12 funding rounds), with disclosed funding of ₹444.35 Cr; the latest was in March 2023. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 smaller; the largest is Himatsingka Seide Limited with revenue of ₹2,843.27 Cr. The company has 17 MSME Form 1 returns on record between 2019 and 2024, listing 2,894 overdue payments to 275 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kanchanindia.com.
Company details
Name history
Kanchan India has undergone 4 name changes throughout its history. The current legal name is Kanchan India Limited.
| Company Name | Status |
|---|---|
| Kanchan India Limited | Current |
| Kanchan Wool-Tex Limited | Previous |
| Kanchan Wool-Tex Private Limited | Previous |
| Kanchan Wool-Tex Limited | Previous |
| Kanchan Wool -Tex Limited | Previous |
CIN history
Kanchan India has one previous CIN (Corporate Identification Number): U17123RJ1996PTC012173. The current CIN is U17123RJ1996PLC012173, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17123RJ1996PLC012173 | Current |
| U17123RJ1996PTC012173 | Previous |
Contact details
Kanchan India Limited's registered office is in Bhilwara, Rajasthan. Its website is kanchanindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address19 – 20 Bhilwara Textiles Marketpur Road Bhilwara 311 001, Rajasthan, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Kanchan India Limited, buy the company report.
- 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
Business activity
The main business activity of Kanchan India 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 Kanchan India Limited, buy the company report.
Financials of Kanchan India Limited
FY 2025 filings availableKanchan India Limited reported revenue of ₹2,521.23 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 8% growth in the latest year. EBITDA rose 22% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹283.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55.32 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.2% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Kanchan India Limited, buy the company report.
Board of directors and KMP of Kanchan India Limited
Kanchan India Limited currently reports 8 directors and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddartha Purshottam Chandak | Director | 15 Apr 2021 | 5 Years 6 Months | Current |
| Nilesh Banger | Director | 04 Jun 2010 | 16 Years 5 Months | Current |
| Jayesh Bangur Also directs: Holymber Traders LLP, Pranchal Agro Industries LLP, Adyshra Textiles and Fabrics Private Limited and 5 more | Managing Director | 10 Jun 1996 | 30 Years 4 Months | Current |
| Ladu Ram Bangur Also directs: Bhaval Synthetics (India) Limited, Juhi Buildcon Private Limited, Silvertoss Commodities Private Limited and 2 more | Director | 10 Jun 1996 | 30 Years 4 Months | Current |
| Durgesh Banger Also directs: Holymber Traders LLP, Exclusive Tradelinks LLP, Pranchal Agro Industries LLP and 5 more | Director | 28 Nov 2019 | 6 Years 11 Months | Current |
| Krishan Gopal Bangur Also directs: Evernew Dealcom LLP, Aprameya Stock Broking Private Limited, Trisandhya Tradecon Private Limited and 3 more | Cfo | 06 Jun 2014 | 12 Years 5 Months | Current |
Peer comparison
Kanchan India Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Himatsingka Seide Limited | ₹2,843.27 Cr (FY 2025) | -1.0% | Bangalore, Karnataka, India | |||
| Jay Jay Mills India Private Limited | ₹2,700.62 Cr (FY 2025) | 10.0% | Tamil Nadu, India | |||
| Sutlej Textiles and Industries Limited | ₹2,698.53 Cr (FY 2025) | -1.0% | Jhalawar, Rajasthan, India | |||
| Sportking India Limited | ₹2,551.02 Cr (FY 2025) | 6.0% | Ludhiana, Punjab, India | |||
| Kanchan India Limitedthis company | ₹2,521.23 Cr (FY 2025) | ₹55.32 Cr | 2.2% | 8.0% | 322 | Bhilwara, Rajasthan, India |
| Pallava Textiles Private Limited | ₹2,420.13 Cr (FY 2025) | 8.0% | Erode, Tamil Nadu, India | |||
| Chiripal Industries Limited | ₹2,243.19 Cr (FY 2025) | 35.0% | Ahmedabad, Gujarat, India | |||
| Siyaram Silk Mills Limited | ₹2,129.65 Cr (FY 2024) | -6.0% | Thane, Maharashtra, India | |||
| Orient Craft Limited | ₹2,045.2 Cr (FY 2020) | -8.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Kanchan India Limited, buy the company report.
Auditor
Kanchan India Limited is audited by Anubha Gattani & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anubha Gattani & Co. | FY 2023 | 029841C |
Shareholding
The shareholding of Kanchan India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kanchan India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2025 | 101193165 | Hdfc Bank Limited | ₹1.33 Cr | Open | |
| 31 Jul 2025 | 101154664 | Hdfc Bank Limited | ₹30.54 Lakh | Open | |
| 30 Jun 2025 | 101140396 | Hdfc Bank Limited | ₹46.3 Lakh | Open | |
| 12 May 2025 | 101098151 | Hdfc Bank Limited | ₹14.74 Lakh | Open | |
| 22 Apr 2025 | 101088438 | Hdfc Bank Limited | ₹6.58 Lakh | Open |
To see the full charge records of Kanchan India Limited, buy the company report.
Total charge records: 76 View all charges
Deals & funding
Kanchan India Limited has 122 deals on record (110 secondary share transfers, 12 funding rounds), with disclosed funding of ₹444.35 Cr; the latest was in March 2023.
Deals on record (5 of 122)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Chisten Comtrade LLP Seller: Shrivijay Rajlaxmi India Limited |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Shrivijay Rajlaxmi India Limited |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Shrivijay Rajlaxmi India Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Harman Hire Prurchase Private Limited, Parmar Finvest Company Private Llimited, an individual Seller: Durgesh Banger Huf, Jayesh Banger Huf, Laduram Banger HUF |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sudershan Electro System Private Limited, A R P Securities Limited , Priyansh Saree Ind Limited, an individual |
To see the full deal history of Kanchan India 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
Kanchan India Limited has 144 court cases on record: 78 filed by Kanchan India, 66 filed against it. 42 cases are pending and 102 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 81 | 50 | 21 |
| High courts | 63 | 16 | 21 |
Cases on record (5 of 144)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Parbhani, Maharashtra | Civil suit | Filed against the company by Kanak Cotton Agro Industries Pvt Ltd Jintur Through Its Ddirector | Pending |
| High Court | Appeal | Filed against the company by Karnataka Power Corporation Limited | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Karnataka Power Corporation Limited | Disposed |
| District court, Bhilwara, Rajasthan | Criminal case | Filed by the company against M/S Suzuki Textiles Ltd. | Disposed |
| High Court, Rajasthan | Court case (CFA) | Filed by the company against M/S Suryadeep Engineering Pvt. Ltd. | Disposed |
To see the full case history of Kanchan India 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
Kanchan India Limited was last rated by Brickwork on 21 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 21 Sep 2021 |
To see the full credit ratings and regulatory alerts of Kanchan India Limited, buy the company report.
MSME payment delays
Kanchan India Limited has 17 MSME Form 1 returns on record between 2019 and 2024, listing 2,894 overdue payments to 275 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 275)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Elgi Ultra Private Limited | |||
| Trishul Overseas | |||
| an individual supplier | |||
| an individual supplier | |||
| Shri Sai Textiles |
To see the full MSME payment records of Kanchan India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kanchan India Limited has a workforce of 322 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Kanchan India has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCK0452C1Z3 | Rajasthan | Active | 01 Jul 2017 |
| 09AABCK0452C1Z1 | Uttar Pradesh | Active | 01 Jul 2017 |
| 33AABCK0452C1ZA | Tamil Nadu | Active | 15 Oct 2021 |
| 37AABCK0452C1Z2 | Andhra Pradesh | Active | 25 Apr 2023 |
To see the full GST registrations and return filing status of Kanchan India Limited, buy the company report.
Recent activity
Kanchan India Limited has 18 board changes on record since 1996: 10 appointments and 8 cessations. The latest: Mohit Jethliya was appointed as Director on 21 Jun 2025.
140 earlier events are in the company report.
Frequently asked questions
Kanchan India is an active public limited company based in Bhilwara, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 June 1996 (30+ years old) and is registered under CIN U17123RJ1996PLC012173.
Kanchan India has 9 current directors and KMP:
- Jayesh Bangur - Managing Director
- Siddartha Purshottam Chandak - Director
- Nilesh Banger - Director
- Ladu Ram Bangur - Director
- Durgesh Banger - Director
- Vijay Laxmi Banger - Director
- Mohit Jethliya - Director
- Ritesh Banger - Director
- Krishan Gopal Bangur - Cfo
The latest financial statements of Kanchan India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kanchan India is 08AABCK0452C1Z3, registered in Rajasthan. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 09AABCK0452C1Z1 (Uttar Pradesh), 33AABCK0452C1ZA (Tamil Nadu), 37AABCK0452C1Z2 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Kanchan India is U17123RJ1996PLC012173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanchan India has 144 court cases on record: 78 filed by the company and 66 filed against it. 42 are pending. Most are in the district courts.
Kanchan India was incorporated on 10 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Jaipur.
Kanchan India has 122 deals on record (110 secondary share transfers, 12 funding rounds), with disclosed funding of ₹444.35 Cr; the latest was in March 2023.
The peers of Kanchan India by revenue are Himatsingka Seide Limited, Jay Jay Mills India Private Limited, Sutlej Textiles and Industries Limited, Sportking India Limited, Pallava Textiles Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Mohit Jethliya was appointed as Director on 21 Jun 2025. Siddartha Purshottam Chandak was appointed as Director on 15 Apr 2021. Mahaveer Prasad Choudhary ceased to be Director on 01 Apr 2021. Kanchan India has 18 board changes on record in total.
Kanchan India has 17 MSME Form 1 returns on record between 2019 and 2024, listing 2,894 overdue payments to 275 micro and small suppliers. The latest return was filed on 01 May 2024.
Kanchan India can be reached through the website kanchanindia.com. Its registered office is in Bhilwara, Rajasthan, India.
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