- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0034355

About Jindal Specialty Textiles Limited
Data last updated:
Jindal Specialty Textiles Limited is a public limited company based in Ludhiana, Punjab, India, a subsidiary of Jindal Technotex Limited. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 27 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U93000PB2008PLC031968. Its GSTIN is 03AACCJ0235H1Z6 (Punjab). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹4.95 Cr. It is led by directors including Sandeep Jindal and Alisha.
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 Ludhiana, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹134.6 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹3.13 Cr (net margin -2.3%) and EBITDA of ₹5.76 Cr (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 10% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jindal Specialty. As per MCA filings, the company has open charges of ₹158.48 Cr on record. Court records list 30 cases involving the company, including 13 filed by the company and 17 filed against it; 4 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹51.13 Cr; the latest was in February 2012. Its 6 peer companies in the Manufacturing industry (Plastic Based Products, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 3 smaller; the largest is Reynold Shirting Limited with revenue of ₹135.45 Cr.
Jindal Specialty Textiles Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0034355). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sjgroup.in.
Company details
CIN history
Jindal Specialty Textiles has one previous CIN (Corporate Identification Number): U17100PB2008PLC031968. The current CIN is U93000PB2008PLC031968, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000PB2008PLC031968 | Current |
| U17100PB2008PLC031968 | Previous |
Recognitions & Rankings of Jindal Specialty Textiles
Contact details
Jindal Specialty Textiles Limited's registered office is in Ludhiana, Punjab. Its website is sjgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKhasra 109 Near Octroi, G.T. Road Sahnewal, Ludhiana, Punjab, India – 141116
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Jindal Specialty Textiles 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
Jindal Specialty Textiles operates one associated brand: Jindal Specialty. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production of PVC Flex Sheets and Tarpaulins using advanced technologies in India. | jindalspecialty.com |
Business activity
The main business activity of Jindal Specialty Textiles 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 Specialty Textiles Limited, buy the company report.
Financials of Jindal Specialty Textiles Limited
FY 2025 filings availableJindal Specialty Textiles Limited reported revenue of ₹134.6 Cr (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 95% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.13 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 | 4.3% | ||||
| Net Profit Margin | -2.3% | ||||
| 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 Specialty Textiles Limited, buy the company report.
Board of directors of Jindal Specialty Textiles Limited
Jindal Specialty Textiles has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Jindal Also directs: Jindal Cotex Limited, Jindal Technotex Limited, Jindal Cycles Private Limited and 3 more | Director | 27 May 2008 | 18 Years 4 Months | Current |
| Alisha Also directs: Jindal Cotex Limited | Director | 23 Jun 2016 | 10 Years 4 Months | Current |
| Kartar Chand Dhiman Also directs: Jindal Cotex Limited, Jindal Cycles Private Limited, Jindal Info Media Private Limited and 2 more | Director | 14 Feb 2012 | 14 Years 8 Months | Current |
Peer comparison
Jindal Specialty Textiles Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, 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 |
|---|---|---|---|---|---|---|
| Reynold Shirting Limited | ₹135.45 Cr (FY 2019) | -74.0% | Mumbai, Maharashtra, India | |||
| Stuti Processors Private Limited | ₹135.37 Cr (FY 2025) | -4.0% | Surat, Gujarat, India | |||
| Avi Ansh Textile Limited | ₹134.63 Cr (FY 2025) | -5.0% | Delhi, India | |||
| Jindal Specialty Textiles Limitedthis company | ₹134.6 Cr (FY 2025) | -₹3.13 Cr | -2.3% | -35.0% | 67 | Ludhiana, Punjab, India |
| Shreedhar Spinners Limited | ₹134.43 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Concept Clothing Private Limited | ₹134.21 Cr (FY 2025) | 15.0% | Delhi, India | |||
| Deeksha Woolen Mills Private Limited | ₹134.11 Cr (FY 2025) | 6.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Jindal Specialty Textiles Limited, buy the company report.
Auditor
Jindal Specialty Textiles Limited is audited by K R Aggarwal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R Aggarwal & Associates | FY 2023 | 030088N |
Shareholding
The shareholding of Jindal Specialty Textiles 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 Jindal Specialty Textiles Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2014 | 10511249 | Corporation Bank | ₹2.25 Cr | Open | |
| 31 Dec 2013 | 10472159 | Corporation Bank | ₹4 Cr | Open | |
| 28 Sep 2012 | 10387474 | Others | ₹6.53 Cr | Open | |
| 27 Sep 2012 | 10387442 | Corporation Bank | ₹2.06 Cr | Open | |
| 29 Mar 2012 | 10350849 | Others | ₹38.5 Cr | Open |
To see the full charge records of Jindal Specialty Textiles Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Jindal Specialty Textiles Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹51.13 Cr; the latest was in February 2012.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2012 | Funding round | ₹10.63 Cr | Investors: Jindal Cotex Limited |
| Mar 2010 | Funding round | ₹40.5 Cr | Investors: Jindal Cotex Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jindal Specialty Textiles Limited has 30 court cases on record: 13 filed by Jindal Specialty Textiles, 17 filed against it. 4 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 10 | 1 |
| High courts | 6 | 1 | 0 |
| NCLT | 3 | 3 | 0 |
| NCLAT | 3 | 3 | 3 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jhajjar, Haryana | Commercial suit | Filed against the company by Ms Sar Global Pvt Ltd Through Prem Singh | Pending |
| District court, West, Delhi | Commercial suit | Filed against the company by Sar Global Pvt. Ltd. | Disposed |
| District court, West, Delhi | Commercial suit | Filed against the company by Jee Kay Polychem Pvt Ltd | Disposed |
| NCLT, Chandigarh | Insolvency matter | Filed against the company by Vikas Multicorp Limited | Disposed |
| NCLT, Chandigarh | Insolvency matter | Filed against the company by Vikas Ecotech Ltd. | Disposed |
To see the full case history of Jindal Specialty Textiles 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jindal Specialty Textiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jindal Specialty Textiles Limited has a workforce of 67 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Jindal Specialty Textiles has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCJ0235H1Z6 | Punjab | Active | 01 Jul 2017 |
| 02AACCJ0235H2Z7 | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jindal Specialty Textiles Limited, buy the company report.
Recent activity
Jindal Specialty Textiles Limited has 14 board changes on record since 2008: 3 appointments and 11 cessations. The latest: Ashish Agarwal ceased to be Irp/Rp/Liquidator on 08 Aug 2024.
18 earlier events are in the company report.
Frequently asked questions
Jindal Specialty Textiles is an active public limited company based in Ludhiana, Punjab, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 27 May 2008 (18+ years old) and is registered under CIN U93000PB2008PLC031968.
Jindal Specialty Textiles has 3 current directors:
- Sandeep Jindal - Director
- Alisha - Director
- Kartar Chand Dhiman - Director
The latest financial statements of Jindal Specialty Textiles 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 Jindal Specialty Textiles is 03AACCJ0235H1Z6, 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 02AACCJ0235H2Z7 (Himachal Pradesh).
The CIN (Corporate Identification Number) of Jindal Specialty Textiles is U93000PB2008PLC031968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jindal Specialty Textiles has 30 court cases on record: 13 filed by the company and 17 filed against it. 4 are pending. Most are in the district courts.
Jindal Specialty Textiles was incorporated on 27 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chandigarh.
Jindal Specialty Textiles has 2 deals on record (2 funding rounds), with disclosed funding of ₹51.13 Cr; the latest was in February 2012.
The peers of Jindal Specialty Textiles by revenue are Reynold Shirting Limited, Stuti Processors Private Limited, Avi Ansh Textile Limited, Shreedhar Spinners Limited, Concept Clothing Private Limited and 1 more, all in the Manufacturing industry (Plastic Based Products, Textiles), with the same principal business activity (textile, leather and other apparel products).
Ashish Agarwal ceased to be Irp/Rp/Liquidator on 08 Aug 2024. Yash Paul Jindal ceased to be Director on 13 Jul 2017. Aman Jindal ceased to be Director on 14 Nov 2016. Jindal Specialty Textiles has 14 board changes on record in total.
Yes, Jindal Specialty Textiles is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0034355).