MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-RJ-22-0021279
Taran Tex Limited - manufacturing in Jodhpur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹47.61 Cr
▲ 9% YoY
Net profit · FY 2020
₹73.14 Lakh
Net margin 1.5%
EBITDA · FY 2020
₹3.65 Cr
EBITDA margin 7.7%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹1.74 Cr
Issued & subscribed
Open charges
₹24.97 Cr
Satisfied ₹4.56 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
8
Provident fund records
About Taran Tex Limited
Data last updated:
Taran Tex Limited is a public limited company based in Jodhpur, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 February 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U17118RJ2002PLC017450. Its GSTIN is 08AADCT6332J1Z6 (Rajasthan).
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.74 Cr. It was formerly known as Taran Tex Private Limited and Santosh Tex-Creations Private Limited. It is led by directors including Moola Ram Choudhary and Rajani Potalia.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 13 – 14 Udhyog Nagar Basni II Phase, Jodhpur, Rajasthan, India – 342005.
As per the financials filed for FY 2020, the company reported a revenue of ₹47.61 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹73.14 Lakh (net margin 1.5%) and EBITDA of ₹3.65 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Taran Tex. As per MCA filings, the company has open charges of ₹24.97 Cr and satisfied charges of ₹4.56 Cr on record. Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 4 cases are pending.
Taran Tex Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-22-0021279). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tarantexltd.com.
Company details
CIN U17118RJ2002PLC017450
Registration Number 017450
Incorporation Date 15 February 2002
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-RJ-22-0021279
Name history
Taran Tex has undergone 3 name changes throughout its history. The company was previously known as Taran Tex Private Limited, Santosh Tex-Creations Private Limited, and Santosh Tex-Creations Pvt Ltd. The current legal name is Taran Tex Limited.
| Company Name | Status |
|---|---|
| Taran Tex Limited | Current |
| Taran Tex Private Limited | Previous |
| Santosh Tex-Creations Private Limited | Previous |
| Santosh Tex-Creations Pvt Ltd | Previous |
CIN history
Taran Tex has one previous CIN (Corporate Identification Number): U17118RJ2002PTC017450. The current CIN is U17118RJ2002PLC017450, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17118RJ2002PLC017450 | Current |
| U17118RJ2002PTC017450 | Previous |
Recognitions & Rankings of Taran Tex
Contact details
Taran Tex Limited's registered office is in Jodhpur, Rajasthan. Its website is tarantexltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address13 – 14 Udhyog Nagar Basni II Phase, Jodhpur, Rajasthan, India – 342005
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Taran Tex Limited, buy the company report.
Comprehensive company report
Taran Tex 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
Taran Tex operates one associated brand: Taran Tex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of business solutions and support services in consulting and digital assistance. | tarantexltd.com |
Business activity
The main business activity of Taran Tex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Taran Tex Limited, buy the company report.
Financials of Taran Tex Limited
FY 2020 filings availableTaran Tex Limited reported revenue of ₹47.61 Cr (up 9% YoY) for FY 2020.
Revenue · FY 2020
₹47.61 Cr ▲ 9%
Net profit · FY 2020
₹73.14 Lakh margin 1.5%
EBITDA · FY 2020
₹3.65 Cr margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 6%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 3%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 9% growth in the latest year. EBITDA rose 4% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹47.61 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹73.14 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Taran Tex Limited, buy the company report.
Board of directors of Taran Tex Limited
Taran Tex has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Moola Ram Choudhary Also directs: Potalia Enterprises Private Limited | Director | 15 Feb 2002 | 24 Years 8 Months | Current |
| Rajani Potalia | Director | 15 Feb 2002 | 24 Years 8 Months | Current |
| Sourabh Potalia Also directs: Potalia Enterprises Private Limited | Director | 21 Aug 2010 | 16 Years 2 Months | Current |
Peer comparison
Taran Tex Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zuari Sugar & Power Limited | ₹47.96 Cr (FY 2023) | -45.0% | Goa, India | |||
| BLB Global Business Limited | ₹47.73 Cr (FY 2018) | 235.0% | Faridabad, Haryana, India | |||
| Apstar Food Products Private Limited | ₹47.61 Cr (FY 2024) | 3.0% | Kolkata, West Bengal, India | |||
| Taran Tex Limitedthis company | ₹47.61 Cr (FY 2020) | ₹73.14 Lakh | 1.5% | 9.0% | 8 | Jodhpur, Rajasthan, India |
| Sriversha Agro Food Products Private Limited | ₹47.61 Cr (FY 2024) | 3.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Taran Tex Limited, buy the company report.
Auditor
Taran Tex Limited is audited by H B MERTIA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H B MERTIA & CO | FY 2020 | 002346C |
Shareholding
The shareholding of Taran Tex Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Taran Tex Limited, buy the company report.
Charges & borrowings
Open charges
₹24.97 Cr
Satisfied charges
₹4.56 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2021 | 100495685 | Karnataka Bank Ltd. | ₹10.35 Cr | Open | |
| 28 Dec 2020 | 100407807 | Axis Bank Limited | ₹8.31 Lakh | Open | |
| 20 Aug 2020 | 100360142 | Karnataka Bank Ltd. | ₹34 Lakh | Open | |
| 07 Jul 2020 | 100348527 | Karnataka Bank Ltd. | ₹1.92 Cr | Open | |
| 15 Nov 2019 | 100303919 | Axis Bank Limited | ₹42.72 Lakh | Open |
To see the full charge records of Taran Tex Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Taran Tex Limited has 11 court cases on record: 9 filed by Taran Tex, 2 filed against it. 4 cases are pending and 7 are disposed.
Total cases
11
Filed by the company
9
Filed against the company
2
Pending
4
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 1 | 3 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, RAJASTHAN | Interim or miscellaneous application | Filed by the company against Karnataka Bank Limited | Disposed |
| High Court, RAJASTHAN | Writ petition | Filed by the company against Karnataka Bank Limited and 2 others | Disposed |
| District court, Jodhpur Metro, Rajasthan | Criminal case | Filed against the company by an individual | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against The Deputy Commissioner of Income Tax | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against The Deputy Commissioner of Income Tax | Pending |
To see the full case history of Taran Tex 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 Taran Tex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Taran Tex Limited has a workforce of 8 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
-20%
GST
Taran Tex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCT6332J1Z6 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Taran Tex Limited, buy the company report.
Recent activity
Taran Tex Limited has 5 board changes on record since 2002: 3 appointments and 2 cessations. The latest: Swati Potalia ceased to be Director on 26 Oct 2013.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 10.35 Cr with Charge ID 100495685 was registered on 27 Oct 2021.
AGM
Taran Tex Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100407807 was registered on 28 Dec 2020.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 0.34 Cr with Charge ID 100360142 was registered on 20 Aug 2020.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 1.92 Cr with Charge ID 100348527 was registered on 07 Jul 2020.
Filing
Taran Tex Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Jaipur.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.43 Cr with Charge ID 100303919 was registered on 15 Nov 2019.
Charges
A charge with Karnataka Bank Ltd. of Rs. 8.00 Cr registered on 07 Feb 2014 with Charge ID 10480638 was modified on 11 Nov 2019.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 1.85 Cr with Charge ID 100064887 was registered on 19 Nov 2016.
Charges
A charge with Karnataka Bank Limited amounted to Rs. 2.00 Cr with Charge ID 10480640 was registered on 07 Feb 2014.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 8.00 Cr with Charge ID 10480638 was registered on 07 Feb 2014.
Charges
A charge registered on 25 Oct 2013 via Charge ID 10465399 with Vijaya Bank was fully satisfied on 07 Feb 2014.
14 earlier events are in the company report.
Frequently asked questions
Taran Tex is an active public limited company based in Jodhpur, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 February 2002 (24+ years old) and is registered under CIN U17118RJ2002PLC017450.
Taran Tex has 3 current directors:
- Moola Ram Choudhary - Director
- Rajani Potalia - Director
- Sourabh Potalia - Director
The latest financial statements of Taran Tex on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Taran Tex is 08AADCT6332J1Z6, registered in Rajasthan.
The CIN (Corporate Identification Number) of Taran Tex is U17118RJ2002PLC017450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Taran Tex has 11 court cases on record: 9 filed by the company and 2 filed against it. 4 are pending. Most are in the high courts.
Taran Tex was incorporated on 15 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Taran Tex by revenue are Zuari Sugar & Power Limited, BLB Global Business Limited, Apstar Food Products Private Limited, Sriversha Agro Food Products Private Limited, all in the Agriculture industry (Agro Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Swati Potalia ceased to be Director on 26 Oct 2013. Sourabh Potalia was appointed as Director on 21 Aug 2010. Tikam Chand Paliwal ceased to be Director on 17 Feb 2010. Taran Tex has 5 board changes on record in total.
Yes, Taran Tex is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-22-0021279).
Taran Tex can be reached through the website tarantexltd.com. Its registered office is in Jodhpur, Rajasthan, India.