Candour Techtex Limited

Textile and plastic manufacturing and trading for domestic and automotive markets.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated:

Candour Techtex Profile

Key Indicators

  • Authorised Capital ₹ 23.70 Cr
  • Paid Up Capital ₹ 17.96 Cr
  • Company Age 38 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 26.96 Cr
  • Satisfied Charges ₹ 58.13 Cr
  • Revenue Growth -63.67%
  • Profit Growth 31.64%
  • Ebitda -92.66%
  • Net Worth 8.69%
  • Total Assets 49.33%

About Candour Techtex

Candour Techtex Limited (CTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 June 1986 and has a history of 38 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522292.

The Corporate was formerly known as Amita Texturisers Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 23.70 Cr and a paid-up capital of Rs 17.96 Cr.

The company currently has active open charges totaling ₹26.96 Cr. The company has closed loans amounting to ₹58.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Candour Techtex Limited India are Shailesh Sankav as CFO and Shital Gurav as Company Secretary. Mansi Pandya, Bharat Bhatia, Jayesh Mehta, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25209MH1986PLC040119

  • Company No.

    040119

  • Stock Symbol

    BSE : 522292

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 1986

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Candour Techtex Limited offer?

Candour Techtex Limited offers a wide range of products and services, including Casting, Moulding & Forging Machines, Molding Machines, Forklift, Drilling & Boring Equipment, Boring Machine, Plastic Containers & Bottles, Plastic Pails, Casting Machines, Machine & Precision Tools, Punching Machine.

Company report

Candour Techtex Limited

Explore comprehensive data for Candour Techtex Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Candour Techtex?

Executive Team (3)

NameDesignationAppointment DateStatus
Jayesh Mehta Country flag representing In Managing Director01-Apr-2007Current
Shailesh Sankav CFO01-Feb-2015Current
Shital Gurav Company Secretary08-Jun-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Mansi Pandya Country flag representing In Director 19-Jan-2022Current
Bharat Bhatia Country flag representing In Director 30-Sep-2014Current
Amita Mehta Country flag representing In Director 17-Jun-1986Current
Rameshchand Garg Country flag representing In Director 30-Sep-2011Current
Sharmila Amin Country flag representing In Director 29-Sep-2020Current

Financial Performance of Candour Techtex.

Candour Techtex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 63.67% decrease. The company also saw a substantial improvement in profitability, with a 31.64% increase in profit. The company's net worth moved up by a moderate rise of 8.69%.

Candour Techtex revenue growth over time
Candour Techtex profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-63.67%
Revenue from Operations
-65.77%
Total Assets
49.33%
Profit or Loss
31.64%
Net Worth
8.69%
EBITDA
-92.66%

What is the Ownership and Shareholding Structure of Candour Techtex?

In 2022, Candour Techtex had a promoter holding of 45.48% and a public holding of 54.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.96 Cr

Satisfied Charges

₹58.13 Cr

Charges Breakdown by Lending Institutions

  • Others : 16.61 Cr
  • Sidbi : 10.35 Cr

Latest Charge Details

DateLenderAmountStatus
17 Feb 2024Others₹16.61 CrOpen
27 Sep 2023Sidbi₹2.85 CrOpen
17 May 2023Sidbi₹7.50 CrOpen
15 Dec 2021Others₹12.00 CrSatisfied
15 Dec 2021Others₹5.00 CrSatisfied

How Many Employees Work at Candour Techtex?

Candour Techtex has a workforce of 86 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Candour Techtex Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Candour Techtex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Candour Techtex's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Candour Techtex

Recent activity within the organization

  • Annual General Meeting

    Candour Techtex Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Shital Suresh Gurav was appointed as a Company Secretary was appointed as a Company Secretary on 08 Jun 2024 & has been associated with this company since 10 months .

  • Charges

    A charge registered on 15 Dec 2021 via Charge ID 100515766 with Others was fully satisfied on 29 Apr 2024.

  • Charges

    A charge registered on 15 Dec 2021 via Charge ID 100515771 with Others was fully satisfied on 06 Apr 2024.

  • Balance Sheet

    Candour Techtex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 16.61 Cr with Charge ID 100880150 was registered on 17 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Candour Techtex Limited?

    Candour Techtex Limited was incorporated on 17 Jun 1986.

  • What is authorized share capital and paid-up capital of Candour Techtex Limited?

    The authorized share capital of Candour Techtex Limited is ₹ 23.70 Cr and paid-up capital is ₹ 17.96 Cr.

  • Who are the current board members & directors of Candour Techtex Limited?

    Currently 8 directors are associated with Candour Techtex Limited.

    • Mansi Ajit Pandya
    • Bharat Sugnomal Bhatia
    • Jayesh Ramniklal Mehta
    • Shailesh Pandurang Sankav
    • Amita Jayesh Mehta
    • Rameshchand Garg
    • Sharmila Hiralal Amin
    • Shital Suresh Gurav

  • What is the registered address of Candour Techtex Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Candour Techtex Limited is 108/109 T. V. Industrial Estate 52 S.K. Ahire Marg Worli, India, Mumbai, Maharashtra, 400030.

  • What is the corporate identification number (CIN) and company number of Candour Techtex Limited?

    The corporate identification number (CIN) of Candour Techtex Limited is L25209MH1986PLC040119 and the company number is 040119 as per Ministry of Corporate Affairs (MCA).

  • Is Candour Techtex Limited registered with any stock exchange in India?

    Yes, Candour Techtex Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Candour Techtex Limited?

    The Official website of Candour Techtex Limited is https://www.cteil.com

  • What has been the recent revenue trend for Candour Techtex Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Candour Techtex Limited has fallen by -63.67%.

  • How many employees does Candour Techtex Limited currently have?

    As Per 2023 financial reports, 86 employees are currently employed by Candour Techtex Limited.

  • What change has been observed in the net worth of Candour Techtex Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Candour Techtex Limited has experienced an upsurge of 8.69%.

  • What are the total open charges for Candour Techtex Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Candour Techtex Limited amount to ₹ 26.96 Cr.

  • When was the last Balance Sheet of Candour Techtex Limited filed with the ROC?

    The most recent Balance Sheet for Candour Techtex Limited was filed with the ROC on 31 Mar 2024.

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