MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-02-0024273
Dayal Cotspin Ltd. - manufacturing in Akola, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.05 Cr
▼ 99% YoY
Net loss · FY 2024
₹33.73 Lakh
Net margin -32%
EBITDA · FY 2024
-₹13.54 Lakh
EBITDA margin -12.8%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹28.5 Cr
Satisfied ₹7 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
10
Provident fund records
About Dayal Cotspin Ltd.
Data last updated:
Dayal Cotspin Ltd. is a public limited company based in Akola, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2006PLC162949. Its GSTIN is 27AACCD4041K1ZR (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Ashish Omprakash Mishra and Suresh Kumar.
Its last annual general meeting (AGM) was held on 07 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at New Radhakishan Plots Opp. Govt. Medical College, Akola, Maharashtra, India – 444001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.05 Cr, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹33.73 Lakh (net margin -32%) and EBITDA of -₹13.54 Lakh (EBITDA margin -12.8%). Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 61% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.5 Cr and satisfied charges of ₹7 Cr on record. Court records list 24 cases involving the company, including 16 filed by the company and 8 filed against it; 8 cases are pending.
Dayal Cotspin Ltd. is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-02-0024273). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dayalindia.com.
Company details
CIN U17299MH2006PLC162949
Registration Number 162949
Incorporation Date 03 July 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 07 November 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-02-0024273
Key People
Ashish Omprakash Mishra Director Suresh Kumar Director Pavankumar Jagdishprasad Bachhuka Director Recognitions & Rankings of Dayal Cotspin
Contact details
Dayal Cotspin Ltd.'s registered office is in Akola, Maharashtra. Its website is dayalindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNew Radhakishan Plots Opp. Govt. Medical College, Akola, Maharashtra, India – 444001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Dayal Cotspin Ltd., buy the company report.
Comprehensive company report
Dayal Cotspin Ltd. - one report that includes everything
- 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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Secure checkout · GST invoice included
Business activity
The main business activities of Dayal Cotspin are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Dayal Cotspin Ltd., buy the company report.
Financials of Dayal Cotspin Ltd.
FY 2024 filings availableDayal Cotspin Ltd. reported revenue of ₹1.05 Cr (down 99% YoY) for FY 2024.
Revenue · FY 2024
₹1.05 Cr ▼ 99%
Net loss · FY 2024
₹33.73 Lakh margin -32%
EBITDA · FY 2024
-₹13.54 Lakh margin -12.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 79%
5 years · compounded
▼ 61%
EBITDA CAGR growth
1 year
▼ 105%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 99% fall in the latest year. EBITDA fell 105% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹13.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹33.73 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.8% | ||||
| Net Profit Margin | -32% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Dayal Cotspin Ltd., buy the company report.
Board of directors of Dayal Cotspin Ltd.
Dayal Cotspin has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Omprakash Mishra | Director | 30 Apr 2024 | 2 Years 5 Months | Current |
| Suresh Kumar | Director | 18 Mar 2023 | 3 Years 7 Months | Current |
| Pavankumar Jagdishprasad Bachhuka | Director | 20 Jan 2024 | 2 Years 9 Months | Current |
| Sachin Laxman Ahir | Additional Director | 06 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Dayal Cotspin Ltd. is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Veronica Weaves Private Limited | ₹1.06 Cr (FY 2025) | 255.0% | Jalgaon, Maharashtra, India | |||
| Secret Creations Private Limited | ₹1.05 Cr (FY 2022) | 12.0% | Perinjanam, Kerala, India | |||
| Racv Textile Private Limited | ₹1.05 Cr (FY 2022) | 388.0% | Thane, Maharashtra, India | |||
| Dayal Cotspin Ltd.this company | ₹1.05 Cr (FY 2024) | -₹33.73 Lakh | -32% | -99.0% | 10 | Akola, Maharashtra, India |
| Shree Zamkaar Textile Private Limited | ₹1.05 Cr (FY 2021) | -95.0% | Boisar, Maharashtra, India | |||
| Thiru Thaanigai Spinning Mill Private Limited | ₹1.05 Cr (FY 2024) | 111159.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Dayal Cotspin Ltd., buy the company report.
Auditor
Dayal Cotspin Ltd. is audited by Maitra J and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Maitra J and Co | FY 2023 |
Shareholding
The shareholding of Dayal Cotspin Ltd. is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dayal Cotspin Ltd., buy the company report.
Charges & borrowings
Open charges
₹28.5 Cr
Satisfied charges
₹7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2012 | 10399531 | Others | ₹28.5 Cr | Open | |
| 13 May 2016 | 100026436 | Idbi Bank Limited | ₹1 Cr | Satisfied | |
| 15 Mar 2016 | 100026435 | Idbi Bank Limited | ₹2 Cr | Satisfied | |
| 29 Dec 2006 | 10033740 | State Bank of India Through Old City Branch Akola | ₹4 Cr | Satisfied |
To see the full charge records of Dayal Cotspin Ltd., buy the company report.
Total charge records: 4 View all charges
Legal cases
Dayal Cotspin Ltd. has 24 court cases on record: 16 filed by Dayal Cotspin, 8 filed against it. 8 cases are pending and 16 are disposed.
Total cases
24
Filed by the company
16
Filed against the company
8
Pending
8
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 4 | 7 |
| High courts | 6 | 4 | 1 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COP) | Filed by the company against Ecom Agro Commodities and Generals LLP | Pending |
| District court, Akola, Maharashtra | Criminal miscellaneous application | Filed by the company against Atlantic Projects Ltd. and 7 others | Pending |
| High Court, TELANGANA | Arbitration matter | Filed against the company by M/S. Ecom Agro Commodities and Generals LLP | Disposed |
| District court, Akola, Maharashtra | Civil suit | Filed by the company against Vijai Mahalaxmi Spinning Mills India Pvt. Ltd., and 3 others | Disposed |
| District court, Akola, Maharashtra | Civil suit | Filed by the company against M/S Gurukrupa Industries and 1 other | Pending |
To see the full case history of Dayal Cotspin Ltd., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dayal Cotspin Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dayal Cotspin Ltd. has a workforce of 10 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
GST
Dayal Cotspin has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD4041K1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dayal Cotspin Ltd., buy the company report.
Recent activity
Dayal Cotspin Ltd. has 12 board changes on record since 2009: 4 appointments and 8 cessations. The latest: Sachin Laxman Ahir was appointed as Additional Director on 06 Nov 2025.
Appointed
Sachin Laxman Ahir was appointed as Additional Director.
AGM
Dayal Cotspin Ltd. last Annual general meeting of members was held on 07 Nov 2024 as per latest MCA records.
Ceased
Ashish Omprakash Mishra ceased to be Additional Director.
Ceased
Govind Vishambardayal Sharma ceased to be Director.
Appointed
Ashish Omprakash Mishra was appointed as Director.
Filing
Dayal Cotspin Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Pavankumar Jagdishprasad Bachhuka was appointed as Director.
Ceased
Suresh Kumar ceased to be Additional Director.
Appointed
Suresh Kumar was appointed as Director.
Ceased
Manishkumar Vasantkumar Bachhuka ceased to be Director.
Charges
A charge with Others of Rs. 28.50 Cr registered on 20 Dec 2012 with Charge ID 10399531 was modified on 22 Mar 2022.
Charges
A charge registered on 13 May 2016 via Charge ID 100026436 with Idbi Bank Limited was fully satisfied on 21 Nov 2017.
11 earlier events are in the company report.
Frequently asked questions
Dayal Cotspin is an active public limited company based in Akola, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 July 2006 (20+ years old) and is registered under CIN U17299MH2006PLC162949.
Dayal Cotspin has 4 current directors:
- Ashish Omprakash Mishra - Director
- Suresh Kumar - Director
- Pavankumar Jagdishprasad Bachhuka - Director
- Sachin Laxman Ahir - Additional Director
The latest financial statements of Dayal Cotspin on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 07 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Dayal Cotspin is 27AACCD4041K1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Dayal Cotspin is U17299MH2006PLC162949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dayal Cotspin has 24 court cases on record: 16 filed by the company and 8 filed against it. 8 are pending. Most are in the district courts.
Dayal Cotspin was incorporated on 03 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dayal Cotspin by revenue are Veronica Weaves Private Limited, Secret Creations Private Limited, Racv Textile Private Limited, Shree Zamkaar Textile Private Limited, Thiru Thaanigai Spinning Mill Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sachin Laxman Ahir was appointed as Additional Director on 06 Nov 2025. Ashish Omprakash Mishra ceased to be Additional Director on 06 Nov 2024. Govind Vishambardayal Sharma ceased to be Director on 06 May 2024. Dayal Cotspin has 12 board changes on record in total.
Yes, Dayal Cotspin is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-02-0024273).
Dayal Cotspin can be reached through the website dayalindia.com. Its registered office is in Akola, Maharashtra, India.