Balkrushna Cotex Private Limited
About Balkrushna Cotex Private Limited
Data last updated:
Balkrushna Cotex Private Limited is a private limited company based in Gondal, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17115GJ2013PTC077542. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors Kantilal Bhimjibhai Aghera and Minaben Kantilalbhai Aghera.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at New Sardar Market S/No. A 3 Taluko: Gondal, Gujarat, India – 360311.
As per the financials filed for FY 2016, the company reported a revenue of ₹77.55 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹17.72 Cr (net margin -22.9%) and EBITDA of -₹15.69 Cr (EBITDA margin -20.2%).
As per MCA filings, the company has open charges of ₹16.6 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressNew Sardar Market S/No. A 3 Taluko: Gondal, Gujarat, India – 360311
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Balkrushna Cotex Private Limited
The main business activity of Balkrushna Cotex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Balkrushna Cotex Private Limited FY 2016 filings available
Balkrushna Cotex Private Limited reported revenue of ₹77.55 Cr (up 8% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Balkrushna Cotex Private Limited
Revenue rose 8% in the latest year. EBITDA fell 754% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Balkrushna Cotex Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹77.55 Cr | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹15.69 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹17.72 Cr | •••• |
| 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 Balkrushna Cotex Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -20.2% | •••• |
| Net Profit Margin | -22.9% | •••• |
| 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 | •••• | •••• |
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 Balkrushna 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.
Peer Comparison of Balkrushna Cotex Private Limited
Balkrushna Cotex Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aghara Knitwear Private Limited | ₹77.76 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Halvad, Gujarat, India |
| Reflect Sculpt Private Limited | ₹77.71 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| SS Textile Mills Private Limited | ₹77.68 Cr (FY 2023) | •••• | •••• | -9.0% | •••• | Erode, Tamil Nadu, India |
| Radhey Radhey Yarns Private Limited | ₹77.66 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Panipat, Haryana, India |
| Shiv-Om Sulz Fab Private Limited | ₹77.62 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Bhilwara, Rajasthan, India |
| Balkrushna Cotex Private Limited this company | ₹77.55 Cr (FY 2016) | •••• | •••• | 8.0% | •••• | Gondal, Gujarat, India |
| Winterhugs Textiles Private Limited | ₹77.51 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Panipat, Haryana, India |
| Rajeshwari Cotspin Limited | ₹77.49 Cr (FY 2024) | •••• | •••• | 54.0% | •••• | Ahmedabad, Gujarat, India |
| GL Tradex Private Limited | ₹77.38 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Surat, Gujarat, India |
| Saravanagiri Spinning Mill Private Limited | ₹77.33 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Erode, Tamil Nadu, India |
| Mansha Jute Private Limited | ₹77.25 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Katihar, Bihar, India |
Peers are the five companies nearest above and the five nearest below Balkrushna Cotex by revenue in the Manufacturing industry (Textiles), 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 Balkrushna Cotex Private Limited
Balkrushna Cotex Private Limited is audited by H B KALARIA & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H B KALARIA & 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.
Board of Directors of Balkrushna Cotex Private Limited
Balkrushna Cotex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kantilal Bhimjibhai Aghera Also directs: Vraj Cotspin Private Limited | Director | 19 Nov 2013 | 12 Years 10 Months | Current |
| Minaben Kantilalbhai Aghera Also directs: Vraj Cotspin Private Limited | Director | 31 Mar 2016 | 10 Years 6 Months | Current |
Ownership and Shareholding of Balkrushna Cotex Private Limited
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 Balkrushna Cotex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jan 2014 | Others | ₹16.6 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Balkrushna Cotex Private Limited
Balkrushna Cotex Private Limited has a workforce of 0 employees as of Apr 08, 2024.
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 Balkrushna Cotex Private Limited
Balkrushna Cotex Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Ankit Bhalodiya ceased to be Director on 31 Mar 2016.
Credit Ratings, Litigation & Regulatory Alerts for Balkrushna Cotex Private Limited
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 Balkrushna Cotex Private Limited
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 Balkrushna Cotex Private Limited
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 Balkrushna Cotex Private Limited
Balkrushna Cotex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Balkrushna Cotex Private Limited
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 Balkrushna Cotex Private Limited
Balkrushna Cotex is an active private limited company based in Gondal, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 November 2013 (13+ years old) and is registered under CIN U17115GJ2013PTC077542.
Balkrushna Cotex reported revenue of ₹77.55 Cr for FY 2016 (up 8% YoY).
Balkrushna Cotex has 2 current directors:
- Kantilal Bhimjibhai Aghera - Director
- Minaben Kantilalbhai Aghera - Director
Balkrushna Cotex reported a net loss of ₹17.72 Cr (net margin -22.9%) and EBITDA of -₹15.69 Cr (EBITDA margin -20.2%) for FY 2016, as per its filed financial statements.
No. Balkrushna Cotex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Balkrushna Cotex is U17115GJ2013PTC077542. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balkrushna Cotex was incorporated on 19 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Balkrushna Cotex by revenue are Aghara Knitwear Private Limited, Reflect Sculpt Private Limited, SS Textile Mills Private Limited, Radhey Radhey Yarns Private Limited, Shiv-Om Sulz Fab Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Ankit Bhalodiya ceased to be Director on 31 Mar 2016. Bhavdip Kantilal Aghera ceased to be Director on 31 Mar 2016. Minaben Kantilalbhai Aghera was appointed as Director on 31 Mar 2016. Balkrushna Cotex has 5 board changes on record in total.
The registered office of Balkrushna Cotex is at New Sardar Market SNo. A 3 Taluko: Gondal, Gujarat, India – 360311.
Balkrushna Cotex has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.05 Cr.