Shri Narayan Cotex Pvt Ltd
About Shri Narayan Cotex Pvt Ltd
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Shri Narayan Cotex Pvt Ltd is a private limited company based in Vadodara, Gujarat, India. It operates in the jute weaving segment of the textiles sector. It was incorporated on 11 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1994PTC023559. Its GSTIN is 24AACCS9766J1ZU (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rekha Rajendra Desai and Ankur Rajendra Desai.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 14 Amarkunj Socrace Cource, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.62 Lakh, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹50,872 (net margin 4.8%) and EBITDA of ₹54,049 (EBITDA margin 5.1%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address14 Amarkunj Socrace Cource, Vadodara, Gujarat, India – 390007
- IndustryTextile, Jute Weaving, Textile Weaving, Spinning & Weaving
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business Activity of Shri Narayan Cotex Pvt Ltd
The main business activity of Shri Narayan Cotex is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shri Narayan Cotex Pvt Ltd FY 2023 filings available
Shri Narayan Cotex Pvt Ltd reported revenue of ₹10.62 Lakh (up 62% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Shri Narayan Cotex Pvt Ltd
Revenue rose 62% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 313% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Shri Narayan Cotex Pvt Ltd
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹54,049 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50,872 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Shri Narayan Cotex Pvt Ltd
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shri Narayan Cotex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Shri Narayan Cotex Pvt Ltd
Shri Narayan Cotex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Rajendra Desai Also directs: Almac Laser Private Limited | Director | 11 Nov 1994 | 31 Years 11 Months | Current |
| Ankur Rajendra Desai Also directs: Almac Laser Private Limited, Almac Polytex Private Limited | Additional Director | 01 Oct 2004 | 22 Years 0 Months | Current |
Peer Comparison of Shri Narayan Cotex Pvt Ltd
Shri Narayan Cotex Pvt Ltd is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Robinat Internet Private Limited | ₹10.63 Lakh (FY 2023) | •••• | •••• | •••• | Bokaro, Jharkhand, India | |
| M. Makharia Syntex Private Limited | ₹10.63 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Surat, Gujarat, India |
| Pratha Aggregators Services Private Limited | ₹10.63 Lakh (FY 2024) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Rawmet Marketing Private Limited | ₹10.63 Lakh (FY 2019) | •••• | •••• | 2081.0% | •••• | Kolkata, West Bengal, India |
| Bhakra Alloy Steel Casting Private Limited | ₹10.62 Lakh (FY 2025) | •••• | •••• | 378.0% | •••• | Punjab, India |
| Shri Narayan Cotex Pvt Ltd this company | ₹10.62 Lakh (FY 2023) | •••• | •••• | 62.0% | •••• | Vadodara, Gujarat, India |
| Electraminds Innovation Av Private Limited | ₹10.62 Lakh (FY 2024) | •••• | •••• | 253.0% | •••• | Hisar, Haryana, India |
| Innoclean Enterprises Private Limited | ₹10.62 Lakh (FY 2024) | •••• | •••• | -84.0% | •••• | Ernakulam, Kerala, India |
| Micro Health Park Pharmaceuticals Private Limited | ₹10.62 Lakh (FY 2021) | •••• | •••• | •••• | Budaun, Uttar Pradesh, India | |
| Dhanshree Dealer Private Limited | ₹10.62 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| Namgre Farmers Producer Company Limited | ₹10.62 Lakh (FY 2023) | •••• | •••• | 1957.0% | •••• | Mohanur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Shri Narayan Cotex by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shri Narayan Cotex Pvt Ltd
Shri Narayan Cotex Pvt Ltd is audited by DCP & Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DCP & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Shri Narayan Cotex Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shri Narayan Cotex Pvt Ltd
Shri Narayan Cotex Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Shri Narayan Cotex Pvt Ltd
Employment history and EPFO contributions of people linked to Shri Narayan Cotex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shri Narayan Cotex Pvt Ltd
Shri Narayan Cotex Pvt Ltd has 2 board changes on record since 1994: 2 appointments. The latest: Ankur Rajendra Desai was appointed as Additional Director on 01 Oct 2004.
Credit Ratings, Litigation & Regulatory Alerts for Shri Narayan Cotex Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shri Narayan Cotex Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shri Narayan Cotex Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shri Narayan Cotex Pvt Ltd
Shri Narayan Cotex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS9766J1ZU | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shri Narayan Cotex Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shri Narayan Cotex Pvt Ltd
Shri Narayan Cotex is an active private limited company based in Vadodara, Gujarat, India. The company works in jute weaving, within the textile industry. It was incorporated on 11 November 1994 (32+ years old) and is registered under CIN U17119GJ1994PTC023559.
Shri Narayan Cotex reported revenue of ₹10.62 Lakh for FY 2023 (up 62% YoY).
Shri Narayan Cotex has 2 current directors:
- Rekha Rajendra Desai - Director
- Ankur Rajendra Desai - Additional Director
Shri Narayan Cotex reported a net profit of ₹50,872 (net margin 4.8%) and EBITDA of ₹54,049 (EBITDA margin 5.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shri Narayan Cotex is -28% over three years and -6% over five years. In the latest year (FY 2023) revenue rose 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shri Narayan Cotex is 24AACCS9766J1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Shri Narayan Cotex is U17119GJ1994PTC023559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Narayan Cotex was incorporated on 11 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shri Narayan Cotex by revenue are Robinat Internet Private Limited, M. Makharia Syntex Private Limited, Pratha Aggregators Services Private Limited, Rawmet Marketing Private Limited, Bhakra Alloy Steel Casting Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Ankur Rajendra Desai was appointed as Additional Director on 01 Oct 2004. Rekha Rajendra Desai was appointed as Director on 11 Nov 1994.
The registered office of Shri Narayan Cotex is at 14 Amarkunj Socrace Cource, Vadodara, Gujarat, India – 390007.