The present invention discloses a topical herbal composition for skin disorders and specifically topical wounds and facilitates accelerated wound healing. The topical herbal composition comprises extracts or compounds of Crotalaria juncea, as active ingredient along with at least one pharmaceutically acceptable carrier. The present invention further discloses process of preparing the topical herbal composition and formulating it dosage form and further demonstrates the efficacy of claimed composition in accelerated wound healing without any side effects.