About Dhanlaxmi Cotex Limited
Data last updated: 28 September 2026
Dhanlaxmi Cotex Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 19 January 1987, the company has been in operation for over 39 years.
Registered with ROC Mumbai under CIN L51100MH1987PLC042280. Listed on BSE: 512485.
Capital: an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹4.87 Cr. It is led by directors including Mahesh Sohanlal Jhawar and Natwar Nagarmal Agarwal.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: C J House 2Nd Floor285 Princess Street, Mumbai, Maharashtra, India – 400002.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹13.28 Cr, a decline of 6.54% compared to the previous year. The net worth stands at ₹69.29 Cr (down 4.98% YoY). Total assets are valued at ₹69.56 Cr (down 4.61% YoY).
The company has a workforce of approximately 2 employees as per the latest available data.
The company is associated with 1 brand - Dhanlaxmi Cotex.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dcl.net.in.
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EmailLocked
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Registered AddressC J House 2Nd Floor285 Princess Street, Mumbai, Maharashtra, India – 400002
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IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Dhanlaxmi Cotex Limited
Dhanlaxmi Cotex Limited has one previous CIN (Corporate Identification Number): U51100MH1987PLC042280. The current CIN is L51100MH1987PLC042280, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51100MH1987PLC042280 | Current |
| U51100MH1987PLC042280 | Previous |
Associated Brands with Dhanlaxmi Cotex Limited
Dhanlaxmi Cotex Limited operates one associated brand: Dhanlaxmi Cotex. These brands represent Dhanlaxmi Cotex Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Multiple assets are traded through an online platform. | dcl.net.in |
Competitors & Alternatives of Dhanlaxmi Cotex Limited
Brands and companies operating in the same space as Dhanlaxmi Cotex Limited include Robinhood, Trade Republic, Saxo Bank and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Robinhood
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Commission-free trading and investment services are provided by Robinhood. | Menlo Park, United States, United States | 2013 |
Trade Republic
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Multi-asset trading platform for stocks, ETFs, and cryptocurrencies is provided. | Berlin, Germany, Germany | 2015 |
Saxo Bank
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Online platform for trading in forex, options, and CFDs | Copenhagen, Denmark, Denmark | 1992 |
Webull
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Broker-based online trading platform | New York, United States, United States | 2017 |
Vested Finance
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Online trading and investment platform | Berkeley, United States, United States | 2015 |
Pepperstone
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Trading platform for currencies, index CFDs, precious metals, energies, and cryptocurrencies | Nassau City, Bahamas, Bahamas | 2010 |
XTB Online Trading
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Forex broking services are provided online by XTB. | Warsaw, Poland, Poland | 2002 |
Exness Group
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Forex Broker | Limassol, Cyprus, Cyprus | 2008 |
Business Activity of Dhanlaxmi Cotex Limited
Dhanlaxmi Cotex Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Dhanlaxmi Cotex Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Dhanlaxmi Cotex Limited
Dhanlaxmi Cotex Limited is audited by Gohel & Associates LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gohel & Associates LLP | Locked | Locked | Locked |
Complete auditor history for Dhanlaxmi Cotex Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Dhanlaxmi Cotex Limited
Dhanlaxmi Cotex Limited is currently managed by 5 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Sohanlal Jhawar | Managing Director | 19 Jan 1987 | 39 Years 8 Months | Current |
| Natwar Nagarmal Agarwal | Director | 09 Jul 2018 | 8 Years 2 Months | Current |
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Arpit Suresh Tibrewala
Also directs:
Yuri Diamonds Llp
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Director | 07 Feb 2020 | 6 Years 7 Months | Current |
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Payal Ankur Bankda
Also directs:
Dfl Fabrics Private Limited, Emjay Nirman Private Limited
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Director | 08 Jul 2022 | 4 Years 2 Months | Current |
| Monita Amit Sheth | Director | 10 Feb 2025 | 1 Years 7 Months | Current |
Financials of Dhanlaxmi Cotex Limited FY 2025-26 filings available
Dhanlaxmi Cotex Limited reported revenue of ₹13.28 Cr (down 6.54% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 13.28 | 14.21 | 28.72 | 25.32 | 22.24 | 6.88 | 9.88 |
| Revenue growth | +6.4% | -46.4% | +1.3% | +35.5% | +177.5% | +5.8% | +15.1% |
| EBITDA | (1.09) | 0.71 | 3.54 | 0.47 | 3.90 | 0.27 | 3.63 |
| EBITDA margin | -8.2% | +5.0% | +12.3% | +1.9% | +17.5% | +3.9% | +36.7% |
| Profit before tax | 0.09 | 7.06 | 3.44 | 0.35 | 3.86 | 0.29 | 3.63 |
| Net profit | 0.13 | 5.79 | 2.92 | 0.24 | 3.31 | 0.44 | 3.27 |
| Net profit margin | +1.0% | +40.8% | +10.2% | +1.0% | +14.9% | +6.4% | +33.1% |
| EPS (₹) | 0.17 | 11.90 | 5.92 | 0.49 | 6.80 | 0.57 | 6.75 |
| Balance sheet | |||||||
| Total assets | 69.56 | 72.92 | 71.65 | 49.38 | 46.26 | 35.86 | 22.56 |
| Net worth | 69.29 | 72.92 | 71.65 | 49.38 | 46.25 | 35.85 | 22.31 |
| Total debt | 0.28 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 |
| Cash & bank | 0.15 | 0.51 | 0.68 | 2.45 | 1.89 | 1.80 | 0.09 |
| Net working capital | 26.54 | 29.12 | 32.93 | 31.99 | 27.10 | 17.01 | 6.18 |
| Cash flow | |||||||
| Cash from operations | (2.04) | 1.89 | 13.99 | (3.68) | (6.13) | (3.11) | (9.21) |
| Cash from investing | 1.40 | (2.07) | (15.76) | 4.23 | 6.22 | 4.84 | 8.75 |
| Cash from financing | 0.28 | 0.00 | 0.00 | 0.00 | 0.00 | (0.02) | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.84 | 2.52 | 4.82 | 4.36 | 1.58 | 0.87 | 2.31 | 7.24 |
| Revenue growth (YoY) | +269.6% | +189.7% | +108.7% | -39.8% | -62.5% | -76.8% | -36.9% | -42.4% |
| Other income | 0.12 | 0.36 | 0.91 | 0.40 | (0.23) | (0.74) | 4.26 | 1.98 |
| Total expenses | 6.36 | 3.01 | 4.84 | 4.45 | 2.07 | 2.20 | 2.60 | 5.57 |
| EBITDA | (0.52) | (0.49) | (0.02) | (0.09) | (0.49) | (1.33) | (0.29) | 1.67 |
| EBITDA margin | -8.9% | -19.4% | -0.4% | -2.1% | -31.0% | -152.9% | -12.6% | +23.1% |
| Depreciation | 0.12 | 0.11 | 0.09 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.52) | (0.24) | 0.80 | 0.28 | (0.75) | (2.10) | 3.94 | 3.62 |
| Tax | 0.01 | (0.03) | 0.10 | 0.00 | 0.00 | 0.00 | 0.57 | 0.29 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.84 | 2.52 | 4.82 | 4.36 | 1.58 | 0.87 | 2.31 | 7.24 |
| Revenue growth (YoY) | +269.6% | +189.7% | +108.7% | -39.8% | -62.5% | -76.8% | -36.9% | -42.4% |
| Other income | 0.12 | 0.36 | 0.91 | 0.40 | (0.23) | (0.74) | 4.26 | 1.98 |
| Total expenses | 6.36 | 3.01 | 4.84 | 4.45 | 2.07 | 2.20 | 2.60 | 5.57 |
| EBITDA | (0.52) | (0.49) | (0.02) | (0.09) | (0.49) | (1.33) | (0.29) | 1.67 |
| EBITDA margin | -8.9% | -19.4% | -0.4% | -2.1% | -31.0% | -152.9% | -12.6% | +23.1% |
| Depreciation | 0.12 | 0.11 | 0.09 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.52) | (0.24) | 0.80 | 0.28 | (0.75) | (2.10) | 3.94 | 3.62 |
| Tax | 0.01 | (0.03) | 0.10 | 0.00 | 0.00 | 0.00 | 0.57 | 0.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 13.28 | 14.21 | 28.72 | 25.32 | 22.24 | 6.88 | 9.88 |
| Revenue growth | +6.4% | -46.4% | +1.3% | +35.5% | +177.5% | +5.8% | +15.1% |
| Other income | 1.43 | 6.45 | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 |
| Total expenses | 14.37 | 13.50 | 25.18 | 24.85 | 18.34 | 6.61 | 6.25 |
| Employee cost | 0.26 | 0.22 | 0.31 | 0.42 | 0.32 | 0.14 | 0.24 |
| EBITDA | (1.09) | 0.71 | 3.54 | 0.47 | 3.90 | 0.27 | 3.63 |
| EBITDA margin | -8.2% | +5.0% | +12.3% | +1.9% | +17.5% | +3.9% | +36.7% |
| Depreciation | 0.25 | 0.09 | 0.09 | 0.11 | 0.04 | 0.00 | 0.00 |
| Interest | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.02 | 0.00 |
| Profit before tax | 0.09 | 7.06 | 3.44 | 0.35 | 3.86 | 0.29 | 3.63 |
| Tax | 0.00 | 1.27 | 0.56 | 0.12 | 0.55 | 0.00 | 0.36 |
| Net profit | 0.13 | 5.79 | 2.92 | 0.24 | 3.31 | 0.44 | 3.27 |
| Net profit margin | +1.0% | +40.8% | +10.2% | +1.0% | +14.9% | +6.4% | +33.1% |
| EPS (₹) | 0.17 | 11.90 | 5.92 | 0.49 | 6.80 | 0.57 | 6.75 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 |
| Reserves & surplus | 64.42 | 68.05 | 66.78 | 44.51 | 41.38 | 30.98 | 17.44 |
| Shareholders' funds (net worth) | 69.29 | 72.92 | 71.65 | 49.38 | 46.25 | 35.85 | 22.31 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.28 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 |
| Total debt | 0.28 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 |
| Total liabilities | 69.56 | 72.92 | 71.65 | 49.38 | 46.26 | 35.86 | 22.56 |
| Assets | |||||||
| Gross block | 12.48 | 8.87 | 0.42 | 0.86 | 0.83 | 0.01 | 0.01 |
| Net block | 11.93 | 8.57 | 0.21 | 0.73 | 0.78 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 30.27 | 34.54 | 37.80 | 16.48 | 15.58 | 12.58 | 9.95 |
| Inventories | 19.17 | 21.29 | 27.24 | 29.40 | 25.21 | 14.69 | 6.18 |
| Sundry debtors | 1.40 | 0.35 | 0.82 | 0.48 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.15 | 0.51 | 0.68 | 2.45 | 1.89 | 1.80 | 0.09 |
| Loans & advances | 5.93 | 7.15 | 4.34 | 0.41 | 0.26 | 0.55 | 0.00 |
| Total current assets | 26.65 | 29.30 | 33.08 | 32.74 | 27.36 | 17.04 | 6.27 |
| Total current liabilities | 0.11 | 0.18 | 0.15 | 0.75 | 0.26 | 0.03 | 0.09 |
| Net working capital | 26.54 | 29.12 | 32.93 | 31.99 | 27.10 | 17.01 | 6.18 |
| Total assets | 69.56 | 72.92 | 71.65 | 49.38 | 46.26 | 35.86 | 22.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.51 | 0.68 | 2.45 | 1.89 | 1.80 | 0.09 | 0.54 |
| Net cash from operating activities | (2.04) | 1.89 | 13.99 | (3.68) | (6.13) | (3.11) | (9.21) |
| Net cash from investing activities | 1.40 | (2.07) | (15.76) | 4.23 | 6.22 | 4.84 | 8.75 |
| Net cash from financing activities | 0.28 | 0.00 | 0.00 | 0.00 | 0.00 | (0.02) | 0.00 |
| Net change in cash | (0.36) | (0.18) | (1.77) | 0.56 | 0.10 | 1.71 | (0.45) |
| Closing cash | 0.15 | 0.51 | 0.68 | 2.45 | 1.89 | 1.80 | 0.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -6.5% | -50.5% | +13.4% | +13.9% | +223.3% | -30.4% | +68.9% |
| EBITDA growth | - | -79.9% | +653.2% | -88.0% | +1344.4% | -92.6% | +764.3% |
| PBT growth | -98.7% | +105.2% | +882.9% | -90.9% | +1231.0% | -92.0% | +764.3% |
| Net income growth | -97.8% | +98.3% | +1116.7% | -92.8% | +652.3% | -86.5% | +783.8% |
| Revenue CAGR (3Y) | -19.4% | -13.9% | +61.0% | +36.9% | +56.1% | -38.9% | -12.4% |
| EBITDA CAGR (3Y) | - | -43.3% | +135.8% | -49.4% | +110.2% | - | +61.6% |
| Profitability & leverage | |||||||
| Net income margin | +0.7% | +40.8% | +10.0% | +0.9% | +14.9% | +4.2% | +33.1% |
| Return on capital employed | +0.1% | +9.8% | +5.7% | +0.8% | +9.4% | +1.6% | +12.4% |
| Return on net worth | +0.2% | +8.0% | +4.8% | +0.5% | +8.1% | +1.5% | +11.3% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 1.61 | 0.29 | 2.78 | 0.00 | 7.41 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.24 | 3.06 | 44.88 | 29.96 | 52.95 | 692.00 | 988.00 |
| Inventory turnover | 0.66 | 0.59 | 1.01 | 0.93 | 1.11 | 0.66 | 0.83 |
| Debtors turnover | 15.18 | 24.29 | 44.18 | 105.50 | 0.00 | 0.00 | 152.00 |
| EPS (₹) | 0.17 | 11.90 | 5.92 | 0.49 | 6.80 | 0.57 | 6.75 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 142.23 | 149.70 | 147.08 | 101.36 | 94.95 | 73.61 | 45.81 |
Shareholding Pattern of Dhanlaxmi Cotex Limited
As per the shareholding pattern for the quarter ended Mar 2026, promoters hold 68.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.10%, retail and other public shareholders hold 31.30% of Dhanlaxmi Cotex Limited.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 68.60% | 68.60% | 68.60% | 68.60% |
| Public | 31.40% | 31.40% | 31.40% | 31.40% |
Charges & Borrowings Dhanlaxmi Cotex Limited
Dhanlaxmi Cotex Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Dhanlaxmi Cotex Limited
Dhanlaxmi Cotex Limited has a workforce of 2 employees as of Apr 05, 2024.
Employee and EPFO history for Dhanlaxmi Cotex Limited
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GST Compliance of Dhanlaxmi Cotex Limited
GST registrations and filing compliance for Dhanlaxmi Cotex Limited
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Credit Ratings, Litigation & Regulatory Alerts for Dhanlaxmi Cotex Limited
Credit ratings, litigation, and regulatory alerts for Dhanlaxmi Cotex Limited
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MSME Payment Delays by Dhanlaxmi Cotex Limited
MSME payment history for Dhanlaxmi Cotex Limited
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Subsidiaries & Group Companies of Dhanlaxmi Cotex Limited
Corporate group structure for Dhanlaxmi Cotex Limited
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MCA Filings & Documents of Dhanlaxmi Cotex Limited
MCA filings and documents for Dhanlaxmi Cotex Limited
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Recent Activity on Dhanlaxmi Cotex Limited
Frequently Asked Questions about Dhanlaxmi Cotex Limited
Dhanlaxmi Cotex Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 19 January 1987 (39+ years old) and is registered under CIN L51100MH1987PLC042280. Listed on BSE: 512485. The company has 2 employees.
Dhanlaxmi Cotex Limited reported revenue of ₹13.28 Cr for FY 2025-26 (down 6.54% YoY) based on standalone financials.
The current directors of Dhanlaxmi Cotex Limited are:
- Mahesh Sohanlal Jhawar - Managing Director
- Natwar Nagarmal Agarwal - Director
- Arpit Suresh Tibrewala - Director
- Payal Ankur Bankda - Director
- Monita Amit Sheth - Director
The primary industry of Dhanlaxmi Cotex Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Yes. Dhanlaxmi Cotex Limited is listed on BSE with code 512485.
Dhanlaxmi Cotex Limited can be reached at the registered office: C J House 2Nd Floor285 Princess Street, Mumbai, Maharashtra, India – 400002, or through the website dcl.net.in.