About Jindal Worldwide Limited

Jindal Worldwide Limited is an Ahmedabad-based textile company incorporated on September 02, 1986, engaged in manufacturing, processing, and trading of fabrics and yarn, with a strong B2B focus across domestic and export markets in over 20 countries as of FY 2024–25. The company operates two plants and one office in India, and maintains two international offices, serving garment factories and dealer networks; exports contributed 15.9% of turnover in FY 2024–25. Key products include fabrics manufacturing (84.11% of turnover), yarn manufacturing (2.49%), and wholesale of textile fibres (4.41%), with processing income forming 5.92% of turnover; manufacturing and trading of textile and apparel products together accounted for over 93% of turnover. The company’s corporate identity is CIN: L17110GJ1986PLC008942, with registered office at Jindal House, Opp. Dmart, I.O.C. Petrol Pump Lane, Shivranjani–Shyamal 132 Ft. Ring Road, Satellite, Ahmedabad 380015. The group has expanded into Electric Vehicles via subsidiary Jindal Mobilitric Private Limited and battery maker JM Volt Private Limited to diversify beyond textiles, while maintaining textiles as the primary reportable segment. As of March 31, 2025, subsidiaries include Planet Spinning Mills Pvt. Ltd. (100%), Goodcore Spintex Pvt. Ltd. (100%), Jindal Mobilitric Pvt. Ltd. (99.93%), and JM Volt Pvt. Ltd. (100%); Kashyap Tele-Medicines Ltd. was an associate (ceased May 20, 2025). Key milestones in FY 2024–25 include a 4:1 bonus issue increasing equity shares to 1,00,26,02,000 and consolidated total income rising 26.13% to Rs 2,290.77 crore equivalent (Rs 2,29,077.79 lakh).

Jindal Worldwide Limited Business Segment

• Segment revenue (Consolidated, FY 2024–25):
  • Textiles — Rs 2,287.76 crore equivalent (Rs 2,28,776.52 lakh).

  • Electric Vehicles — Rs 0.31 crore equivalent (Rs 30.62 lakh).

• Segment results (PBIT before interest and tax, FY 2024–25):
  • Textiles — Rs 170.07 crore equivalent (Rs 17,006.98 lakh).

  • Electric Vehicles — loss Rs 6.97 crore equivalent (Rs 697.46 lakh).
    

• Domestic vs. international (share of products/services revenue):
  • India — Rs 2,042.40 crore (89.9%).

  • International — Rs 226.59 crore (10.1%).

Jindal Worldwide Limited Key Management

• Dr. Yamunadutt Agrawal — Chairman and Non-Executive Non-Independent Director.

• Mr. Amit Yamunadutt Agrawal — Vice Chairman and Managing Director.

• CA Vikram Oza — Chief Financial Officer and Director (CFO Director signature on Board documents).

• CS Ashish Thaker — Company Secretary and Compliance Officer (appointed April 04, 2025).

Latest Updates on Jindal Worldwide Limited

• Issued 80,20,81,600 bonus equity shares in ratio 4:1 on March 05, 2025; equity shares increased to 1,00,26,02,000 and prior-year EPS restated as per Ind AS 33.

• Continued strategic diversification into EVs via Jindal Mobilitric; EV model unveiled with 165 km range, products submitted for homologation, dealer network at 35 with plan to scale to 100, and production facility ready pending approvals.

• Acquired 100% of JM Volt Private Limited (batteries for EVs) on June 16, 2023 as part of EV strategy; integration continued in FY 2024–25.

• Consolidated total income grew 26.13% to Rs 2,290.77 crore equivalent; PAT at Rs 75.07 crore equivalent (Rs 7,507.90 lakh), EBITDA at Rs 197.45 crore equivalent (Rs 19,744.94 lakh).

• Appointment of SPANJ Associates as Secretarial Auditors for FY 2025–26 to FY 2029–30, subject to members’ approval (per SEBI amendments dated December 12, 2024 and December 31, 2024 circular).

• Cost Auditor appointment ratification: K. V. Melwani & Associates for FY 2025–26 at Rs 1.00 lakh plus applicable charges, subject to shareholders’ approval.