- Valuation
- ₹14,390 Cr

About Colourtex Industries Private Limited
Data last updated:
Colourtex Industries Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the colorants, dyes and pigments segment of the chemicals and materials sector. It was incorporated on 23 October 1989 and has been in existence for over 37 years.
Its director Jayantilal Jariwala is #1,608 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1989PTC012922. Its GSTIN is 24AABCP6359B1ZO (Gujarat). The company holds 15 GST registrations, of which 12 are active.
The company has an authorised share capital of ₹69.38 Cr and a paid-up capital of ₹4 Cr. It was formerly known as Pandesara Dyes and Intermediates Private Limited and Colourtex Industries Limited. It is led by directors including Jayantilal Thakordas Jariwala (Managing Director) and Vishadkumar Jayantilal Jariwala.
Its last annual general meeting (AGM) was held on 29 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,805.67 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹53.46 Cr (net margin 1.4%) and EBITDA of ₹223.41 Cr (EBITDA margin 5.9%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 2% over five years.
The company has about 2,960 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Colourtex. As per MCA filings, the company has open charges of ₹582.96 Cr and satisfied charges of ₹290.9 Cr on record. Court records list 72 cases involving the company, including 30 filed by the company and 42 filed against it; 8 cases are pending. The company has 18 deals on record (13 secondary share transfers, 5 funding rounds), with disclosed funding of ₹143.37 Cr; the latest was in December 2019. Its 4 peer companies in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 1 larger and 3 smaller; the largest is Birla Carbon India Private Limited with revenue of ₹4,524.29 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2021, listing 1,060 overdue payments to 116 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 colourtex.co.in.
Company details
Name history
Colourtex Industries has undergone 4 name changes throughout its history. The current legal name is Colourtex Industries Private Limited.
| Company Name | Status |
|---|---|
| Colourtex Industries Private Limited | Current |
| Pandesara Dyes And Intermediates Private Limited | Previous |
| Colourtex Industries Limited | Previous |
| Pandesara Dyes And Intermediates Limited | Previous |
| Pandesara Industries Limited | Previous |
CIN history
Colourtex Industries has one previous CIN (Corporate Identification Number): U24231GJ1989PLC012922. The current CIN is U24231GJ1989PTC012922, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24231GJ1989PTC012922 | Current |
| U24231GJ1989PLC012922 | Previous |
Recognitions & Rankings of Colourtex Industries
- #1,608 Jayantilal Jariwala ₹1,200 Cr
Contact details
Colourtex Industries Private Limited's registered office is in Surat, Gujarat. Its website is colourtex.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS No 80 Bhestan, GIDC Pandesara., Surat, Gujarat, India – 394221
- IndustryChemicals and Materials, Colorants, Dyes & Pigments
To see the full contact details of Colourtex Industries Private 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
Brands
Colourtex Industries operates one associated brand: Colourtex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Dyestuff production, textile dyes, and eco-friendly pigments services in India. | colourtex.co.in |
Business activity
The main business activity of Colourtex Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Colourtex Industries Private Limited, buy the company report.
Financials of Colourtex Industries Private Limited
FY 2025 filings availableColourtex Industries Private Limited reported revenue of ₹3,805.67 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 30% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3,805.67 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹223.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹53.46 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Colourtex Industries Private Limited, buy the company report.
Board of directors of Colourtex Industries Private Limited
Colourtex Industries has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Peer comparison
Colourtex Industries Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Birla Carbon India Private Limited | ₹4,524.29 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Colourtex Industries Private Limitedthis company | ₹3,805.67 Cr (FY 2025) | ₹53.46 Cr | 1.4% | 3.0% | 2,960 | Surat, Gujarat, India |
| Gharda Chemicals Limited | ₹3,649.01 Cr (FY 2025) | 20.0% | Mumbai, Maharashtra, India | |||
| Meghmani Organics Limited | ₹2,123.62 Cr (FY 2025) | 32.0% | Ahmedabad, Gujarat, India | |||
| Meghmani Organics Limited | ₹2,123.62 Cr (FY 2025) | 32.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Colourtex Industries Private Limited, buy the company report.
Auditor
Colourtex Industries Private Limited is audited by SNK & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SNK & Co. | FY 2025 | 109176W |
Shareholding
The shareholding of Colourtex Industries Private 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 Colourtex Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2023 | 100732634 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 17 Mar 2022 | 100554161 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 05 Oct 2017 | 100139167 | Others | ₹50 Cr | Open | |
| 22 Apr 2013 | 10429532 | Hdfc Bank Limited | ₹120 Cr | Open | |
| 25 Feb 2010 | 10208255 | Others | ₹50 Cr | Open |
To see the full charge records of Colourtex Industries Private Limited, buy the company report.
Total charge records: 32 View all charges
Deals & funding
Colourtex Industries Private Limited has 18 deals on record (13 secondary share transfers, 5 funding rounds), with disclosed funding of ₹143.37 Cr; the latest was in December 2019.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: Jayantibhai Private Trust Seller: an individual |
| Dec 2017 | Secondary share transfer | Undisclosed | Seller: Urmila Asumati Trust, 3 individuals |
| Apr 2016 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
To see the full deal history of Colourtex Industries Private 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
Colourtex Industries Private Limited has 72 court cases on record: 30 filed by Colourtex Industries, 42 filed against it. 8 cases are pending and 64 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 54 | 35 | 4 |
| High courts | 17 | 6 | 4 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhilwara, Rajasthan | Court case (Co) | Filed by the company against Shri Ganesh Texfab Limited | Disposed |
| District court, Bhilwara, Rajasthan | Court case (Cm(41)) | Filed by the company against Shri Ganesh Texfab Limited | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against M.P.Shan Tex Pvt. Ltd. and 3 others | Disposed |
| District court, Faridabad, Haryana | Commercial suit | Filed against the company by The Commission for Air Quality Management in NCR | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 1 other | Pending |
To see the full case history of Colourtex Industries Private 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
Colourtex Industries Private Limited was last rated by Care on 21 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 21 Feb 2023 |
To see the full credit ratings and regulatory alerts of Colourtex Industries Private Limited, buy the company report.
MSME payment delays
Colourtex Industries Private Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 1,060 overdue payments to 116 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 116)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jaydip Agencies | |||
| Swastik Oil Products Mfg.Co.Navsari | |||
| Gujarat Boron Derivatives Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Colourtex Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Colourtex Industries Private Limited has a workforce of 2,960 employees on its EPFO records as of Feb 14, 2026, across 4 active EPFO establishments.
GST
Colourtex Industries has 15 GST registrations: 12 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP6359B1ZO | Gujarat | Active | 01 Jul 2017 |
| 24AABCP6359B2ZN | Gujarat | Active | 26 Nov 2019 |
| 24AABCP6359B3ZM | Gujarat | Active | 04 Feb 2021 |
| 03AABCP6359B1ZS | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Colourtex Industries Private Limited, buy the company report.
Recent activity
Colourtex Industries Private Limited has 5 board changes on record since 1989: 5 appointments. The latest: Jayantilal Thakordas Jariwala was appointed as Managing Director on 02 Mar 2011.
66 earlier events are in the company report.
Frequently asked questions
Colourtex Industries is an active private limited company based in Surat, Gujarat, India. The company works in colorants, dyes and pigments, within the chemicals and materials industry. It was incorporated on 23 October 1989 (37+ years old) and is registered under CIN U24231GJ1989PTC012922.
Colourtex Industries has 5 current directors:
- Jayantilal Thakordas Jariwala - Managing Director
- Vishadkumar Jayantilal Jariwala - Director
- Kanakkumar Jayantilal Jariwala - Director
- Maheshchandra Dhansukhlal Kabutarwala - Director
- Pravinchandra Dhansukhlal Kabutarwala - Director
The latest financial statements of Colourtex Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Colourtex Industries is 24AABCP6359B1ZO, registered in Gujarat. The company has 15 GST registrations in all, of which 12 are active and 3 are cancelled or inactive. Other active GSTINs include 24AABCP6359B2ZN (Gujarat), 24AABCP6359B3ZM (Gujarat), 03AABCP6359B1ZS (Punjab).
The CIN (Corporate Identification Number) of Colourtex Industries is U24231GJ1989PTC012922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Colourtex Industries has 72 court cases on record: 30 filed by the company and 42 filed against it. 8 are pending. Most are in the district courts.
Colourtex Industries was incorporated on 23 October 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Colourtex Industries has 18 deals on record (13 secondary share transfers, 5 funding rounds), with disclosed funding of ₹143.37 Cr; the latest was in December 2019.
The peers of Colourtex Industries by revenue are Birla Carbon India Private Limited, Gharda Chemicals Limited, Meghmani Organics Limited, Meghmani Organics Limited, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Jayantilal Thakordas Jariwala was appointed as Managing Director on 02 Mar 2011. Vishadkumar Jayantilal Jariwala was appointed as Director on 29 Dec 1994. Kanakkumar Jayantilal Jariwala was appointed as Director on 18 Jan 1994. Colourtex Industries has 5 board changes on record in total.
Colourtex Industries has 5 MSME Form 1 returns on record between 2019 and 2021, listing 1,060 overdue payments to 116 micro and small suppliers. The latest return was filed on 26 May 2021.
Colourtex Industries can be reached through the website colourtex.co.in. Its registered office is in Surat, Gujarat, India.

