About Unitechspin
Unitechspin is an Industrial Goods & Manufacturing company based in India. It produces high-quality yarns and fabrics using advanced spinning technology in India. It operates on a B2B model. The company has 63 employees. Its Indian entity Unitech Cotspin Limited reported revenue of ₹66.46 Cr. Unitechspin offers products and services including Carded Yarn, Combed Yarn, Carded Compact Yarn, Combed Compact Yarn, and Knitted Fabrics. Its focus areas include Manufacturing, Textiles, Yarn Production and Cotton Spinning.
Company details
Unitech Cotspin Limited, established in 2011 in Himmatpur Village, Gujarat, India, operates a yarn manufacturing facility with 30,000 spindles, producing 20 tonnes daily. It specializes in carded, combed, and compact yarns, as well as knitted and woven fabrics. The company emphasizes sustainability through renewable energy to reduce its carbon footprint, ensuring efficient production processes while maintaining quality standards.
- Headquarters India
- Employees 63
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website unitechspin.com
- Legal Name Unitech Cotspin Limited
- Date of Incorporation 27 Oct, 2007
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹66.46 Cr
FY 2023 · -17% YoY
- Net Profit₹2.34 Cr
FY 2023 · 4% margin
- EBITDA₹9.02 Cr
FY 2023 · 14% margin
- Employee Count63
Associated legal entities of Unitechspin
Unitechspin operates through Unitech Cotspin Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Unitech Cotspin Limited CIN U17120GJ2007PLC052072 | Active | 27 Oct 2007 | Ahmedabad, Gujarat | ₹66.5 Cr | 63 | 5 | View details |
Products & Services of Unitechspin
Unitechspin offers a comprehensive portfolio of products and services, including Carded Yarn, Combed Yarn, Carded Compact Yarn, Combed Compact Yarn, and Knitted Fabrics.
Basic yarn for textile manufacturing processes.
High-quality yarn with reduced impurities for fabrics.
Compact yarn variant for enhanced textile durability.
Premium compact yarn for superior fabric quality.
Fabrics for clothing and textiles applications.
Knitted fabric type for apparel and accessories.
Durable knitted fabric for various uses.
Textured fabric for enhanced comfort in products.
Woven fabrics for formal clothing items.
Smooth woven fabric for everyday apparel.
Board of directors of Unitech Cotspin Limited (Unitechspin)
Unitech Cotspin Limited is the primary company behind Unitechspin. The board of Unitech Cotspin Limited currently have 4 directors; the longest-serving is Mahendrakumar Somabhai Patel, appointed in 2011. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahendrakumar Somabhai Patel DIN 03501401 | Managing Director | 05 May 2011 | 15 yrs 5 mo | Unitech Cotspin Limited |
| Jagdishbhai Muljibhai Lukhi DIN 06701117 | Director | 01 Oct 2013 | 13 yrs | Unitech Cotspin Limited |
| Ashokbhai Popatbhai Lukhi DIN 07477771 | CFO | 01 Nov 2017 | 8 yrs 11 mo | Unitech Cotspin Limited |
| Aditya Patel DIN 08306758 | Director | 19 Mar 2019 | 7 yrs 7 mo | Unitech Cotspin Limited |
Financials of Unitechspin
Figures of Unitech Cotspin Limited, the primary company behind Unitechspin, for FY 2023. Revenue was ₹66.46 Cr (-17% year on year). Net profit was ₹2.34 Cr (4% margin). EBITDA was ₹9.02 Cr (14% margin). Revenue has grown at a compounded annual rate of -3% over three years and +1% over five years.
- ₹66.46 CrRevenue · FY 2023 · -17% YoY
- ₹2.34 CrNet profit · 4% margin
- ₹9.02 CrEBITDA · 14% margin
- ₹14.00 CrPaid-up capital
- 63Employees (provident fund records)
- -3%Revenue CAGR, 3 years
- +1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Unitech Cotspin Limited are on its company page.
Detailed financial statements for Unitechspin
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Unitechspin (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 47,020 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Unitechspin
Unitechspin is headquartered in India.
Unitechspin has 63 employees.
The primary company behind Unitechspin, Unitech Cotspin Limited, reported revenue of ₹66.46 Cr for FY 2023, down 17% year on year.
Unitech Cotspin Limited, established in 2011 in Himmatpur Village, Gujarat, India, operates a yarn manufacturing facility with 30,000 spindles, producing 20 tonnes daily. It specializes in carded, combed, and compact yarns, as well as knitted and woven fabrics. The company emphasizes sustainability through renewable energy to reduce its carbon footprint, ensuring efficient production processes while maintaining quality standards.
Unitechspin offers Carded Yarn, Combed Yarn, Carded Compact Yarn, Combed Compact Yarn, and 6 more products and services.
Unitechspin operates through Unitech Cotspin Limited.
The legal entities of Unitechspin currently have 4 directors, including Mahendrakumar Somabhai Patel, Ashokbhai Popatbhai Lukhi, Jagdishbhai Muljibhai Lukhi and others.