MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-12-0001515
Jindal Cotex Limited - environment in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.94 Cr
▼ 54% YoY
Net profit · FY 2024
₹1.93 Cr
Net margin 99.4%
EBITDA · FY 2024
₹3.02 Cr
EBITDA margin 155.3%
Authorised capital
₹60 Cr
Registered with MCA
Paid-up capital
₹45 Cr
Issued & subscribed
Open charges
₹291.77 Cr
Satisfied ₹494.53 Cr
Company age
28 yrs
Est. 1998
Directors on board
6
As per MCA filings
About Jindal Cotex Limited
Data last updated:
Jindal Cotex Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 18 February 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L17115PB1998PLC021084. Its GSTIN is 03AAACJ4400A1ZN (Punjab). The company holds 3 GST registrations, of which 2 are active. It is recorded as listed by MCA, but its shares were delisted from NSE on 11 Nov 2024 · compulsory delisting and from BSE on 28 Feb 2025 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹45 Cr. It is led by directors including Sandeep Jindal (Managing Director) and Kartar Chand Dhiman.
Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ludhiana, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.94 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹1.93 Cr (net margin 99.4%) and EBITDA of ₹3.02 Cr (EBITDA margin 155.3%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 53% over five years.
The company is associated with 1 brand: Jindal Cotex. As per MCA filings, the company has open charges of ₹291.77 Cr and satisfied charges of ₹494.53 Cr on record. Court records list 364 cases involving the company, including 190 filed by the company and 174 filed against it; 7 cases are pending. The company has 64 deals on record (63 market trades, 1 ipo); the latest was in January 2022. Its 4 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 2 smaller; the largest is Ambaji Marketing Private Limited with revenue of ₹1.94 Cr.
Jindal Cotex Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0001515). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jindalcotex.com.
Company details
CIN L17115PB1998PLC021084
Registration Number 021084
Incorporation Date 18 February 1998
ROC Chandigarh
Listing Status Listed - Delisted from NSE on 11 Nov 2024 · compulsory delisting; Delisted from BSE on 28 Feb 2025 · compulsory delisting
Company Status Active
Date of Last AGM 30 November 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-12-0001515
CIN history
Jindal Cotex has one previous CIN (Corporate Identification Number): U17115PB1998PLC021084. The current CIN is L17115PB1998PLC021084, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17115PB1998PLC021084 | Current |
| U17115PB1998PLC021084 | Previous |
Recognitions & Rankings of Jindal Cotex
Contact details
Jindal Cotex Limited's registered office is in Ludhiana, Punjab. Its website is jindalcotex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 5 2nd Floor Krishna, Complex Gtbnagar Near Veerpalace, Ludhiana, Punjab, India – 141015
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Jindal Cotex Limited, buy the company report.
Comprehensive company report
Jindal Cotex 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 Cotex operates one associated brand: Jindal Cotex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Textiles and fabrics are manufactured by Jindal Cotex in India. | jindalcotex.com |
Business activity
The main business activities of Jindal Cotex are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G1 | Wholesale Trading |
Financials of Jindal Cotex Limited
FY 2024 filings availableJindal Cotex Limited reported revenue of ₹1.94 Cr (down 54% YoY) for FY 2024.
Revenue · FY 2024
₹1.94 Cr ▼ 54%
Net profit · FY 2024
₹1.93 Cr margin 99.4%
EBITDA · FY 2024
₹3.02 Cr margin 155.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 54%
3 years · compounded
▼ 60%
5 years · compounded
▼ 53%
EBITDA CAGR growth
1 year
▼ 75%
3 years · compounded
▲ 18%
5 years · compounded
▼ 31%
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 54% fall in the latest year. EBITDA fell 75% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.93 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 155.3% | ||||
| Net Profit Margin | 99.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Cotex Limited, buy the company report.
Board of directors of Jindal Cotex Limited
Jindal Cotex has 6 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Jindal Also directs: Jindal Technotex Limited, Jindal Cycles Private Limited, Jindal Info Media Private Limited and 3 more | Managing Director | 18 Feb 1998 | 28 Years 8 Months | Current |
| Kartar Chand Dhiman Also directs: Jindal Cycles Private Limited, Jindal Info Media Private Limited, Jindal Holdings and Investment Limited and 2 more | Director | 23 Sep 2017 | 9 Years 1 Months | Current |
| Kanik Sharma | Director | 08 Jul 2019 | 7 Years 4 Months | Current |
| Alisha Also directs: Jindal Specialty Textiles Limited | Director | 22 Jun 2016 | 10 Years 4 Months | Current |
| Atul Sharma | Additional Director | 19 Sep 2025 | 1 Years 1 Months | Current |
| Manoj Kumar Jha | Director | 17 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Jindal Cotex Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Ambaji Marketing Private Limited | ₹1.94 Cr (FY 2025) | -18.0% | Ahmedabad, Gujarat, India | |||
| Jai Shiv Shankar Spinners (India) Private Limited | ₹1.94 Cr (FY 2025) | 9911.0% | Salem, Tamil Nadu, India | |||
| Jindal Cotex Limitedthis company | ₹1.94 Cr (FY 2024) | ₹1.93 Cr | 99.4% | -54.0% | Ludhiana, Punjab, India | |
| Manak Weaving Private Limited | ₹1.93 Cr (FY 2024) | 141.0% | Jaipur, Rajasthan, India | |||
| Mzee Fashions Private Limited | ₹1.93 Cr (FY 2025) | -4.0% | Badli, Delhi, India |
To see the full peer comparison of Jindal Cotex Limited, buy the company report.
Auditor
Jindal Cotex 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 Cotex 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 Cotex Limited, buy the company report.
Charges & borrowings
Open charges
₹291.77 Cr
Satisfied charges
₹494.53 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2014 | 10511253 | Corporation Bank | ₹2.25 Cr | Open | |
| 13 Aug 2011 | 10302981 | Central Bank of India | ₹8.7 Cr | Open | |
| 26 Jul 2011 | 10301666 | Punjab & Sind Bank | ₹4 Cr | Open | |
| 26 Mar 2011 | 10285014 | Corporation Bank | ₹7 Cr | Open | |
| 10 Feb 2011 | 10270370 | Corporation Bank | ₹5.75 Cr | Open |
To see the full charge records of Jindal Cotex Limited, buy the company report.
Total charge records: 42 View all charges
Deals & funding
Jindal Cotex Limited has 64 deals on record (63 market trades, 1 ipo); the latest was in January 2022.
Total deals
64
Market trades
63
IPO
1
Deals on record (5 of 64)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Market trade | ₹11.1 Lakh | Seller: Shriram Credit Company Limited |
| May 2019 | Market trade | ₹31.5 Lakh | Buyer: Swing Wealth Management Private Limited Seller: an individual |
| Apr 2018 | Market trade | ₹28.4 Lakh | Buyer: an individual Seller: Jhaveri Trading and Investment Private Limited |
| Apr 2018 | Market trade | ₹78.5 Lakh | Buyer: Jhaveri Trading and Investment Private Limited , an individual Seller: Albula Investment Fund |
| Mar 2018 | Market trade | ₹19.7 Lakh | Buyer: Buddhisagar Shares & Services Private Limited Seller: an individual |
To see the full deal history of Jindal Cotex 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 Cotex Limited has 364 court cases on record: 190 filed by Jindal Cotex, 174 filed against it. 7 cases are pending and 357 are disposed.
Total cases
364
Filed by the company
190
Filed against the company
174
Pending
7
Disposed
357
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 266 | 162 | 4 |
| High courts | 88 | 4 | 2 |
| Supreme Court | 5 | 3 | 1 |
| NCLT | 4 | 4 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 364)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (CMA DC) | Filed by the company against Jaydeep Cotton Fibres Pvt Ltd | Pending |
| NCLT, Chandigarh | Insolvency matter | Filed against the company by JM Financial Asset Reconstruction Company Limited | Disposed |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed against the company by V.S Yarns Private Limited | Disposed |
| High Court, PUNJAB | Criminal miscellaneous application | Filed by the company against Punjab State Power Corporation Limited | Disposed |
| District court, Ludhiana, Punjab | Court case (COMI) | Filed by the company against M/S Cllasic Fabrics Pvt Ltd and 19 others | Disposed |
To see the full case history of Jindal Cotex 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 Cotex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Jindal Cotex has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
GST
Jindal Cotex has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACJ4400A1ZN | Punjab | Active | 01 Jul 2017 |
| 02AAACJ4400A1ZP | Himachal Pradesh | Active | 29 Aug 2017 |
To see the full GST registrations and return filing status of Jindal Cotex Limited, buy the company report.
Recent activity
Jindal Cotex Limited has 49 board changes on record since 1998: 28 appointments and 21 cessations. The latest: Jyoti Aggarwal was appointed as Company Secretary on 11 Dec 2025.
Appointed
Jyoti Aggarwal was appointed as Company Secretary.
Appointed
Atul Sharma was appointed as Additional Director.
Appointed
Manoj Kumar Jha was appointed as Director.
AGM
Jindal Cotex Limited last Annual general meeting of members was held on 30 Nov 2024 as per latest MCA records.
Filing
Jindal Cotex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge registered on 01 Feb 2012 via Charge ID 10337052 with Phoenix Arc Private Limited was fully satisfied on 27 Sep 2022.
Charges
A charge registered on 26 Dec 2011 via Charge ID 10326138 with Central Bank Of India was fully satisfied on 30 May 2022.
Charges
A charge registered on 31 Dec 2013 via Charge ID 10479401 with Others was fully satisfied on 31 Mar 2022.
Charges
A charge registered on 28 Dec 2013 via Charge ID 10479404 with Others was fully satisfied on 31 Mar 2022.
Charges
A charge registered on 28 Dec 2013 via Charge ID 10479407 with Others was fully satisfied on 31 Mar 2022.
Charges
A charge registered on 31 Jul 2012 via Charge ID 10373146 with Others was fully satisfied on 31 Mar 2022.
Charges
A charge registered on 04 Feb 2008 via Charge ID 10090387 with Others was fully satisfied on 31 Mar 2022.
131 earlier events are in the company report.
Frequently asked questions
Jindal Cotex is an active public limited company based in Ludhiana, Punjab, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 18 February 1998 (28+ years old) and is registered under CIN L17115PB1998PLC021084.
Jindal Cotex has 6 current directors:
- Sandeep Jindal - Managing Director
- Kartar Chand Dhiman - Director
- Kanik Sharma - Director
- Alisha - Director
- Atul Sharma - Additional Director
- Manoj Kumar Jha - Director
The latest financial statements of Jindal Cotex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Jindal Cotex is 03AAACJ4400A1ZN, 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 02AAACJ4400A1ZP (Himachal Pradesh).
The CIN (Corporate Identification Number) of Jindal Cotex is L17115PB1998PLC021084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jindal Cotex is recorded as a listed company by MCA, but its shares were delisted from NSE on 11 Nov 2024 · compulsory delisting and from BSE on 28 Feb 2025 · compulsory delisting, and no longer trade on a stock exchange.
Jindal Cotex has 364 court cases on record: 190 filed by the company and 174 filed against it. 7 are pending. Most are in the district courts.
Jindal Cotex was incorporated on 18 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
Jindal Cotex has 64 deals on record (63 market trades, 1 ipo); the latest was in January 2022.
The peers of Jindal Cotex by revenue are Ambaji Marketing Private Limited, Jai Shiv Shankar Spinners (India) Private Limited, Manak Weaving Private Limited, Mzee Fashions Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Jyoti Aggarwal was appointed as Company Secretary on 11 Dec 2025. Atul Sharma was appointed as Additional Director on 19 Sep 2025. Manoj Kumar Jha was appointed as Director on 17 Apr 2025. Jindal Cotex has 49 board changes on record in total.
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