Jindal Cotex Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 45.00 Cr
- Company Age 27 Year, 5 Days
- 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. 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. Sandeep Jindal, Kartar Dhiman, Alisha, 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
Industry
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.
Who are the key members and board of directors at Jindal Cotex?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Jindal  | Managing Director | 18-Feb-1998 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kartar Dhiman | Director | 23-Sep-2017 | Current |
| Alisha | Director | 22-Jun-2016 | Current |
| Kanik Sharma | Director | 08-Jul-2019 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Jindal Specialty Textiles LimitedSandeep Jindal, Kartar Dhiman and 1 more are mutual person
Jindal Holdings And Investment LimitedSandeep Jindal and Kartar Dhiman are mutual person
Jindal Technotex LimitedSandeep Jindal is a mutual person
- Jindal Cycles Private Limited
Sandeep Jindal and Kartar Dhiman are mutual person
- Jindal Info Media Private Limited
Sandeep Jindal and Kartar Dhiman are mutual person
- Himachal Textile Park Limited
Sandeep Jindal and Kartar Dhiman are mutual person
Charges (Loans)
₹291.77 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2014 | Corporation Bank | ₹2.25 Cr | Open |
| 13 Aug 2011 | Central Bank Of India | ₹8.70 Cr | Open |
| 26 Jul 2011 | Punjab & Sind Bank | ₹4.00 Cr | Open |
| 26 Mar 2011 | Corporation Bank | ₹7.00 Cr | Open |
| 10 Feb 2011 | Corporation Bank | ₹5.75 Cr | Open |
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.
Deals i
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
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
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.
