Jindal Cotex Limited

Textile company producing a variety of yarns and fibers for apparel, home, automotive, hygiene, and technical industries.

1998 | Ludhiana, Punjab (India) | Active
Last Updated:

Jindal Cotex Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 45.00 Cr
  • Company Age 27 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 291.77 Cr
  • Satisfied Charges ₹ 494.53 Cr
  • Revenue Growth -46.76%
  • Profit Growth -87.96%
  • Ebitda 74.44%
  • Net Worth 9.43%
  • Total Assets -4.12%

About Jindal Cotex

Jindal Cotex Limited (JCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 February 1998 and has a history of 27 years and two months. Its registered office is in Ludhiana, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533103 and on the National Stock Exchange(NSE) under JINDCOT.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 45.00 Cr.

The company currently has active open charges totaling ₹291.77 Cr. The company has closed loans amounting to ₹494.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Jindal Cotex Limited India is Sandeep Jindal as CFO. Kanik Sharma, Alisha, Kartar Dhiman, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17115PB1998PLC021084

  • Company No.

    021084

  • Stock Symbol

    BSE : 533103 NSE : JINDCOT

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Feb 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Environment
Manufacturing

What products or services does Jindal Cotex Limited offer?

Jindal Cotex Limited offers a wide range of products and services, including Yarns & Threads, Synthetic Yarn.

Company report

Jindal Cotex Limited

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

Who are the key members and board of directors at Jindal Cotex?

Executive Team (1)

NameDesignationAppointment DateStatus
Sandeep Jindal CFO17-Aug-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Kanik Sharma Country flag representing In Director 08-Jul-2019Current
Alisha Country flag representing In Director 22-Jun-2016Current
Kartar Dhiman Country flag representing In Director 23-Sep-2017Current

Financial Performance of Jindal Cotex.

Jindal Cotex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 46.76% decrease. The company also saw a substantial fall in profitability, with a 87.96% decrease in profit. The company's net worth moved up by a moderate rise of 9.43%.

Jindal Cotex revenue growth over time
Jindal Cotex 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
-46.76%
Revenue from Operations
-84.02%
Total Assets
-4.12%
Profit or Loss
-87.96%
Net Worth
9.43%
EBITDA
74.44%

What is the Ownership and Shareholding Structure of Jindal Cotex?

In 2022, Jindal Cotex had a promoter holding of 21.05% and a public holding of 78.95%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹291.77 Cr

Satisfied Charges

₹494.53 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 105.03 Cr
  • State Bank Of India : 66.55 Cr
  • Allahabad Bank : 43.64 Cr
  • Corporation Bank : 40.85 Cr
  • Bank Of Baroda : 18.52 Cr
  • Others : 17.18 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2014Corporation Bank₹2.25 CrOpen
13 Aug 2011Central Bank Of India₹8.70 CrOpen
26 Jul 2011Punjab & Sind Bank₹4.00 CrOpen
26 Mar 2011Corporation Bank₹7.00 CrOpen
10 Feb 2011Corporation Bank₹5.75 CrOpen

How Many Employees Work at Jindal Cotex?

Unlock and access historical data on people associated with Jindal Cotex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Jindal Cotex Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jindal Cotex, 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 Jindal Cotex'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 Jindal Cotex

Recent activity within the organization

  • Annual General Meeting

    Jindal Cotex Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Sandeep Jindal was appointed as a Cfo was appointed as a Cfo on 17 Aug 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Jindal Cotex Limited has filed its annual Financial statements for the year ended 31 Mar 2023 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.

Frequently asked questions

  • What is the Incorporation or founding date of Jindal Cotex Limited?

    Jindal Cotex Limited was incorporated on 18 Feb 1998.

  • What is authorized share capital and paid-up capital of Jindal Cotex Limited?

    The authorized share capital of Jindal Cotex Limited is ₹ 60.00 Cr and paid-up capital is ₹ 45.00 Cr.

  • Who are the current board members & directors of Jindal Cotex Limited?

    Currently 5 directors are associated with Jindal Cotex Limited.

    • Kanik Sharma
    • Sandeep Jindal
    • Alisha
    • Kartar Chand Dhiman
    • Sandeep Jindal

  • What is the registered address of Jindal Cotex Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Jindal Cotex Limited is Mandiala Kalan P.O.Bija, Tehsil India, Khanna, Punjab, 141412.

  • What is the corporate identification number (CIN) and company number of Jindal Cotex Limited?

    The corporate identification number (CIN) of Jindal Cotex Limited is L17115PB1998PLC021084 and the company number is 021084 as per Ministry of Corporate Affairs (MCA).

  • Is Jindal Cotex Limited registered with any stock exchange in India?

    Yes, Jindal Cotex Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): JINDCOT.

  • What is the official website of Jindal Cotex Limited?

    The Official website of Jindal Cotex Limited is https://www.jindalcotex.com

  • What has been the recent revenue trend for Jindal Cotex Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Jindal Cotex Limited has fallen by -46.76%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Jindal Cotex Limited has experienced an upsurge of 9.43%.

  • What are the total open charges for Jindal Cotex Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Jindal Cotex Limited amount to ₹ 291.77 Cr.

  • When was the last Balance Sheet of Jindal Cotex Limited filed with the ROC?

    The most recent Balance Sheet for Jindal Cotex Limited was filed with the ROC on 31 Mar 2023.

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