MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-09-0002985
Deesan Cotex Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹141.23 Cr
▲ 27% YoY
Net profit · FY 2025
₹72.3 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹4.31 Cr
EBITDA margin 3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.76 Cr
Issued & subscribed
Open charges
₹17.5 Cr
Satisfied ₹10.69 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
152
Provident fund records
About Deesan Cotex Private Limited
Data last updated:
Deesan Cotex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17291MH2007PTC167841. Its GSTIN is 27AACCD5376P1Z1 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.76 Cr. It is led by directors Hiral Chintan Patel and Ketki Mukesh Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vikas Centre 104 S. V. Road Santacruz (West), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2025, the company reported a revenue of ₹141.23 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹72.3 Lakh (net margin 0.5%) and EBITDA of ₹4.31 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 31% over five years.
The company has about 152 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.5 Cr and satisfied charges of ₹10.69 Cr on record.
Deesan Cotex Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-09-0002985). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deesangroup.com.
Company details
CIN U17291MH2007PTC167841
Registration Number 167841
Incorporation Date 13 February 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-09-0002985
Recognitions & Rankings of Deesan Cotex
Contact details
Deesan Cotex Private Limited's registered office is in Mumbai, Maharashtra. Its website is deesangroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVikas Centre 104 S. V. Road Santacruz (West), Mumbai, Maharashtra, India – 400054
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Deesan Cotex Private Limited, buy the company report.
Comprehensive company report
Deesan Cotex Private Limited - 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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Business activity
The main business activity of Deesan Cotex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Deesan Cotex Private Limited, buy the company report.
Financials of Deesan Cotex Private Limited
FY 2025 filings availableDeesan Cotex Private Limited reported revenue of ₹141.23 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹141.23 Cr ▲ 27%
Net profit · FY 2025
₹72.3 Lakh margin 0.5%
EBITDA · FY 2025
₹4.31 Cr margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 66%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 8%
5 years · compounded
▲ 5%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 27% growth in the latest year. EBITDA rose 8% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹72.3 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Deesan Cotex Private Limited, buy the company report.
Board of directors of Deesan Cotex Private Limited
Deesan Cotex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiral Chintan Patel Also directs: Durjaya Cotex Private Limited, Deesan Tex Fab Private Limited, Prath Textiles Private Limited and 5 more | Director | 13 Feb 2007 | 19 Years 9 Months | Current |
| Ketki Mukesh Patel Also directs: Durjaya Cotex Private Limited, Krushna Cotex Private Limited, Omkara Texfab Private Limited and 5 more | Director | 02 Aug 2013 | 13 Years 3 Months | Current |
Peer comparison
Deesan Cotex Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Sri Textile Erode Private Limited | ₹141.63 Cr (FY 2017) | 17.0% | Erode, Tamil Nadu, India | |||
| Sri Karunambikai Mills Private Limited | ₹141.35 Cr (FY 2018) | -2.0% | Tamil Nadu, India | |||
| E-Land Fashion India Private Limited | ₹141.25 Cr (FY 2025) | 35.0% | New Tirupur, Tamil Nadu, India | |||
| Deesan Cotex Private Limitedthis company | ₹141.23 Cr (FY 2025) | ₹72.3 Lakh | 0.5% | 27.0% | 152 | Mumbai, Maharashtra, India |
| Jaaideep India Private Limited | ₹141.14 Cr (FY 2025) | 75.0% | Mumbai, Maharashtra, India | |||
| Rachna Art Prints Private Limited | ₹141.13 Cr (FY 2025) | -5.0% | Surat, Gujarat, India | |||
| Reia Fashions India Private Limited | ₹141.02 Cr (FY 2025) | 45.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Deesan Cotex Private Limited, buy the company report.
Auditor
Deesan Cotex Private Limited is audited by Vijay M. Rathi for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vijay M. Rathi | FY 2023 | 036599 |
Shareholding
The shareholding of Deesan Cotex Private Limited 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 Deesan Cotex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.5 Cr
Satisfied charges
₹10.69 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2012 | 10381399 | Others | ₹17.5 Cr | Open | |
| 16 Jan 2012 | 10334599 | Axis Bank Limited | ₹5.75 Cr | Satisfied | |
| 11 Jan 2008 | 10086882 | Axis Bank Ltd. | ₹4.94 Cr | Satisfied |
To see the full charge records of Deesan Cotex Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Deesan Cotex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Deesan Cotex Private Limited was last rated by Care on 31 Jul 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 31 Jul 2025 |
To see the full credit ratings and regulatory alerts of Deesan Cotex Private Limited, buy the company report.
MSME payment delays
Deesan Cotex Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 48 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Smew Textile Machinery Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Deesan Cotex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Deesan Cotex Private Limited has a workforce of 152 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
152
Active EPFO establishments
1
Employee growth
-1.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 152 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2010-11 | |
| FY 2009-10 | |
| FY 2008-09 |
To see the full employee and EPFO history of Deesan Cotex Private Limited, buy the company report.
GST
Deesan Cotex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD5376P1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Deesan Cotex Private Limited, buy the company report.
Recent activity
Deesan Cotex Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Ashok Hiralal Kalal ceased to be Director on 17 Aug 2018.
AGM
Deesan Cotex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Deesan Cotex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 17.50 Cr registered on 25 Aug 2012 with Charge ID 10381399 was modified on 21 Mar 2025.
Charges
A charge registered on 16 Jan 2012 via Charge ID 10334599 with Axis Bank Limited was fully satisfied on 15 Jan 2025.
Charges
A charge registered on 11 Jan 2008 via Charge ID 10086882 with Axis Bank Ltd. was fully satisfied on 15 Jan 2025.
Ceased
Ashok Hiralal Kalal ceased to be Director.
Ceased
Ketki Mukesh Patel ceased to be Additional Director.
Appointed
Ketki Mukesh Patel was appointed as Director.
Charges
A charge with Others amounted to Rs. 17.50 Cr with Charge ID 10381399 was registered on 25 Aug 2012.
Charges
A charge with Axis Bank Limited of Rs. 5.75 Cr registered on 16 Jan 2012 with Charge ID 10334599 was modified on 24 Aug 2012.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.75 Cr with Charge ID 10334599 was registered on 16 Jan 2012.
Charges
A charge with Axis Bank Ltd. of Rs. 4.94 Cr registered on 11 Jan 2008 with Charge ID 10086882 was modified on 24 Feb 2009.
3 earlier events are in the company report.
Frequently asked questions
Deesan Cotex is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 February 2007 (19+ years old) and is registered under CIN U17291MH2007PTC167841.
Deesan Cotex has 2 current directors:
- Hiral Chintan Patel - Director
- Ketki Mukesh Patel - Director
The latest financial statements of Deesan Cotex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Deesan Cotex is 27AACCD5376P1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Deesan Cotex is U17291MH2007PTC167841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deesan Cotex was incorporated on 13 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Deesan Cotex by revenue are Sri Textile Erode Private Limited, Sri Karunambikai Mills Private Limited, E-Land Fashion India Private Limited, Jaaideep India Private Limited, Rachna Art Prints Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ashok Hiralal Kalal ceased to be Director on 17 Aug 2018. Ketki Mukesh Patel ceased to be Additional Director on 30 Sep 2013. Ketki Mukesh Patel was appointed as Director on 02 Aug 2013. Deesan Cotex has 4 board changes on record in total.
Yes, Deesan Cotex is registered as an MSME under Udyam registration (number: UDYAM-MH-09-0002985).
Deesan Cotex has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 48 overdue payments to 11 micro and small suppliers. The latest return was filed on 30 May 2019.
Deesan Cotex can be reached through the website deesangroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Deesan Cotex is at Vikas Centre 104 S. V. Road Santacruz West, Mumbai, Maharashtra, India – 400054.
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