Axis Cottex Private Limited
About Axis Cottex Private Limited
Data last updated:
Axis Cottex Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 09 June 1993.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1993PTC053959. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Vishal Chhabra and Ajay Rajgarhia.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 910 Chiranjiv Tower 43 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.91 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.03 Lakh (net margin -102.9%) and EBITDA of ₹55,728 (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 116% over three years and 17% over five years.
As per MCA filings, the company had satisfied charges of ₹4.51 Cr on record.
Company details
Contact details
Axis Cottex Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address910 Chiranjiv Tower 43 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Axis Cottex Private Limited, buy the company report.
- 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
Financials of Axis Cottex Private Limited
FY 2022 filings availableAxis Cottex Private Limited reported revenue of ₹3.91 Lakh (up 827% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 827% growth in the latest year. EBITDA rose 559% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹55,728 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.03 Lakh | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | -102.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Axis Cottex Private Limited, buy the company report.
Board of directors of Axis Cottex Private Limited
Axis Cottex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Chhabra Also directs: Employique LLP, Cottage Impex Private Limited | Director | 30 Nov 2004 | 21 Years 10 Months | As last reported |
| Ajay Rajgarhia | Director | 09 Jun 1993 | 33 Years 4 Months | As last reported |
Peer comparison
Axis Cottex Private Limited is compared with the 10 companies closest to it by revenue in the Apparel industry (Branded Wear), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tnys Global Private Limited | ₹4.27 Lakh (FY 2025) | -26.0% | Mumbai, Maharashtra, India | |||
| Signora Woven Stuff Private Ltd | ₹4.27 Lakh (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| La Gorgeous Textiles Private Limited | ₹4.12 Lakh (FY 2024) | 43.0% | Delhi, India | |||
| Intent Fashions Private Limited | ₹4 Lakh (FY 2023) | Kolkata, West Bengal, India | ||||
| Creative Clothing Private Limited | ₹3.98 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Axis Cottex Private Limitedthis company | ₹3.91 Lakh (FY 2022) | -₹4.03 Lakh | -102.9% | 827.0% | New Delhi, Delhi, India | |
| Kiran Knit and Garments Private Limited | ₹3.85 Lakh (FY 2019) | -98.0% | Mumbai, Maharashtra, India | |||
| Sneha Textiles Private Limited | ₹3.81 Lakh (FY 2017) | -74.0% | Bangalore, Karnataka, India | |||
| Jaynal Fashion Industries Limited | ₹3.81 Lakh (FY 2020) | Kolkata, West Bengal, India | ||||
| Sampat Sachin Sarees Private Limited | ₹3.71 Lakh (FY 2018) | 18.0% | Jaipur, Rajasthan, India | |||
| Udamya Impex Private Limited | ₹3.7 Lakh (FY 2018) | Thane, Maharashtra, India |
To see the full peer comparison of Axis Cottex Private Limited, buy the company report.
Auditor
Axis Cottex Private Limited is audited by PRATIBHA KAILASH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRATIBHA KAILASH & CO | FY 2020 | 004767N |
Shareholding
The shareholding of Axis Cottex Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Axis Cottex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2006 | 10031168 | Punjab National Bank | ₹15 Lakh | Satisfied | |
| 28 May 2005 | 80051077 | Punjab National Bank | ₹6 Lakh | Satisfied | |
| 03 May 2005 | 80015540 | Punjab National Bank | ₹1.25 Cr | Satisfied | |
| 19 Jan 2005 | 80015537 | Punjab National Bank | ₹10 Lakh | Satisfied | |
| 31 Jul 2000 | 80015535 | Punjab National Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Axis Cottex Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving Axis Cottex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Axis Cottex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Axis Cottex Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Axis Cottex has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Axis Cottex Private Limited, buy the company report.
Recent activity
Axis Cottex Private Limited has 2 board changes on record since 1993: 2 appointments. The latest: Vishal Chhabra was appointed as Director on 30 Nov 2004.
18 earlier events are in the company report.
Frequently asked questions
Axis Cottex has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Axis Cottex was a private limited company based in New Delhi, Delhi, India. The company worked in designer and branded fashion, within the fashion and textile industry. It was incorporated on 09 June 1993 and is registered under CIN U74899DL1993PTC053959. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Axis Cottex was incorporated on 09 June 1993. It is registered with the Registrar of Companies, Delhi.
Axis Cottex had 2 directors:
- Vishal Chhabra - Director
- Ajay Rajgarhia - Director
The CIN (Corporate Identification Number) of Axis Cottex is U74899DL1993PTC053959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Axis Cottex is at 910 Chiranjiv Tower 43 Nehru Place, New Delhi, Delhi, India – 110019.
The latest financial statements of Axis Cottex on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Axis Cottex has 2 GST registrations on record and all of them are cancelled or inactive.
Axis Cottex operated in the fashion and textile industry, in the designer and branded fashion segment.
The peers of Axis Cottex by revenue are Tnys Global Private Limited, Signora Woven Stuff Private Ltd, La Gorgeous Textiles Private Limited, Intent Fashions Private Limited, Creative Clothing Private Limited and 5 more, all in the Apparel industry (Branded Wear).
Vishal Chhabra was appointed as Director on 30 Nov 2004. Ajay Rajgarhia was appointed as Director on 09 Jun 1993.