About Dhanlaxmi Cotex Limited
Data last updated:
Dhanlaxmi Cotex Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 19 January 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51100MH1987PLC042280. Its GSTIN is 27AABCD2387H1ZM (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 512485.
The company has 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 (Managing Director) and Natwar Nagarmal Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 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 6.5% compared to the previous year. For the same year it recorded a net profit of ₹13 Lakh (net margin 1%) and EBITDA of -₹1.09 Cr (EBITDA margin -8.2%). The net worth stands at ₹69.29 Cr (down 5% YoY). Total assets are valued at ₹69.56 Cr (down 4.6% YoY).
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dhanlaxmi Cotex. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 1 case is pending. The company has 11 deals on record (11 market trades); the latest was in March 2023.
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.
Company details
CIN history
Dhanlaxmi Cotex 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 |
Contact details
Dhanlaxmi Cotex Limited's registered office is in Mumbai, Maharashtra. Its website is dcl.net.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC J House 2nd Floor285 Princess Street, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Dhanlaxmi Cotex Limited, buy the company report.
- 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
Brands
Dhanlaxmi Cotex operates one associated brand: Dhanlaxmi Cotex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multiple assets are traded through an online platform. | dcl.net.in |
Business activity
The main business activity of Dhanlaxmi Cotex is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Dhanlaxmi Cotex Limited, buy the company report.
Financials of Dhanlaxmi Cotex Limited
FY 2025-26 filings availableDhanlaxmi Cotex Limited reported revenue of ₹13.28 Cr (down 6.5% 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 | -6.5% | -50.5% | +13.4% | +13.9% | +223.3% | -30.4% | - |
| 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% | - | - | - |
| 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% | - | - | - |
| 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 | -6.5% | -50.5% | +13.4% | +13.9% | +223.3% | -30.4% | - |
| 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% | - |
| EBITDA growth | -253.5% | -79.9% | +653.2% | -88.0% | +1344.4% | -92.6% | - |
| 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% | - |
| 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 |
To see the full year-wise statements and ratios of Dhanlaxmi Cotex Limited, buy the company report.
Board of directors of Dhanlaxmi Cotex Limited
Dhanlaxmi Cotex has 5 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Sohanlal Jhawar | Managing Director | 19 Jan 1987 | 39 Years 9 Months | Current |
| Natwar Nagarmal Agarwal | Director | 09 Jul 2018 | 8 Years 4 Months | Current |
| Arpit Suresh Tibrewala Also directs: Yuri Diamonds LLP | Director | 07 Feb 2020 | 6 Years 9 Months | Current |
| Payal Ankur Bankda Also directs: DFL Fabrics Private Limited, Emjay Nirman Private Limited | Director | 08 Jul 2022 | 4 Years 4 Months | Current |
| Monita Amit Sheth | Director | 10 Feb 2025 | 1 Years 9 Months | Current |
Auditor
Dhanlaxmi Cotex Limited is audited by Gohel & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gohel & Associates LLP | FY 2023 | W100162 |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 68.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 31.30%.
| 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% |
Deals & funding
Dhanlaxmi Cotex Limited has 11 deals on record (11 market trades); the latest was in March 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Market trade | ₹1.37 Cr | Buyer: 2 individuals Seller: Jasoda Tracon LLP , Dhanlaxmi Export Fabric LLP |
| Jun 2019 | Market trade | ₹52.2 Lakh | Buyer: Sohanlaljhawar Family Trust Seller: Ajay Multi Projects Private Limited |
| Aug 2018 | Market trade | ₹82.2 Lakh | Buyer: 2 individuals Seller: Ajay Multi Projects Private Limited |
| Jul 2017 | Market trade | ₹87.5 Lakh | Buyer: 4 individuals Seller: Jignesh Fabrics Private Limited , Ajay Multi Projects Private Limited |
| Nov 2016 | Market trade | ₹32.6 Lakh | Buyer: 3 individuals Seller: Jignesh Fabrics Private Limited |
To see the full deal history of Dhanlaxmi Cotex Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dhanlaxmi Cotex Limited has 13 court cases on record: 9 filed by Dhanlaxmi Cotex, 4 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 0 |
| High courts | 5 | 4 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Bhoruka Power Corporation Ltd. and 11 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against M/S. Varun Industries Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Ms. Varun Industries Ltd. and Ors and 3 others | Disposed |
| Bombay High Court | Court case (SPMA) | Filed by the company against Fairgrowth Financial Services Ltd and 1 other | Disposed |
| Bombay High Court | Court case (SPMA) | Filed against the company by Fairgrowth Financial Services Ltd | Disposed |
To see the full case history of Dhanlaxmi Cotex Limited, 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 Dhanlaxmi Cotex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dhanlaxmi Cotex Limited has a workforce of 2 employees on its EPFO records as of Sep 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 2 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Dhanlaxmi Cotex Limited, buy the company report.
GST
Dhanlaxmi Cotex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD2387H1ZM | Maharashtra | Active | 18 May 2022 |
To see the full GST registrations and return filing status of Dhanlaxmi Cotex Limited, buy the company report.
Recent activity
Dhanlaxmi Cotex Limited has 28 board changes on record since 1987: 17 appointments and 11 cessations. The latest: Monita Amit Sheth was appointed as Director on 10 Feb 2025.
19 earlier events are in the company report.
News
Frequently asked questions
Dhanlaxmi Cotex is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 19 January 1987 (39+ years old) and is registered under CIN L51100MH1987PLC042280. Listed on BSE: 512485.
Dhanlaxmi Cotex reported revenue of ₹13.28 Cr for FY 2025-26 (down 6.5% YoY) based on standalone financials.
Dhanlaxmi Cotex has 5 current directors:
- Mahesh Sohanlal Jhawar - Managing Director
- Natwar Nagarmal Agarwal - Director
- Arpit Suresh Tibrewala - Director
- Payal Ankur Bankda - Director
- Monita Amit Sheth - Director
The latest financial statements of Dhanlaxmi Cotex on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dhanlaxmi Cotex is 27AABCD2387H1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dhanlaxmi Cotex is L51100MH1987PLC042280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Dhanlaxmi Cotex is a listed company as per MCA records. Its shares are listed on BSE (code: 512485).
Dhanlaxmi Cotex has 13 court cases on record: 9 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Dhanlaxmi Cotex was incorporated on 19 January 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Dhanlaxmi Cotex has 11 deals on record (11 market trades); the latest was in March 2023.
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